Leak Clause Samples
A 'Leak' clause defines the responsibilities and procedures in the event that confidential or sensitive information is unintentionally disclosed to unauthorized parties. Typically, this clause outlines the steps the party responsible for the leak must take, such as promptly notifying the affected party, cooperating in any investigation, and taking remedial actions to mitigate harm. Its core practical function is to ensure that both parties understand their obligations and the process to follow if a data breach or information leak occurs, thereby minimizing potential damage and clarifying accountability.
Leak out Provision: For a period of twenty four (24) months from October 1, 2013, Holder shall not sell, transfer, assign, convey, donate, pledge, encumber, alienate, or in any way dispose of (collectively "Sell") any of the Shares or any portion, right or interest therein, except in compliance with the terms and conditions of the Agreement. Any purported or attempted transfer or assignment, whether voluntary or involuntary, of any Shares of the Company in violation of this Agreement shall be null and of no legal effect. Upon registration of the underlying Shares or upon compliance with, preparation, filing and clearing of appropriate documents required under Rule 144, on the first date of each month thereafter until the date of termination of this Agreement, Holder shall be permitted to sell the greater of (i) 20,000 shares per day or (i) that number of shares calculated by the total of 5% of the prior days trading volume (i.e., if the prior days trading volume is 300,000 shares, then the Holder shall be entitled to sell 15,000 shares on that day). Holder acknowledges that no sales may occur at a posted bid price on the stock.
Leak. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ PURCHASERS: Brentwood Associates VII, L.P. By: Brentwood VII Ventures Its General Partner By: ---------------------------- -------------------------------- (printed) [signatures continued on next page] SIGNATURES CONTINUED
Leak. Builder-installed refrigerant lines or ground loop pipes that develop leaks during normal operation are warranted. ▇▇▇▇▇▇ Homes will repair leaking lines and recharge the unit as required. Leaks due to your actions or negligence are excluded. Ductwork separates, becomes unattached. Ductwork that is not intact or securely fastened is warranted. ▇▇▇▇▇▇ Homes will reattach and re-secure all separated or unattached ductwork. Bath vent fan drips. Bath vent fans should not drip unless there is excessive humidity present. Note: Range hood vents and bathroom vents must run continuously during use of kitchen or bathrooms and remain on no less than 20 minutes after usage. This will help eliminate humidity that collects in the vent pipes. Switches and Receptacles, or circuit breakers kick out. Circuit breakers that deactivate under normal usage, when reset or replaced are warranted during the Limited Warranty coverage. ▇▇▇▇▇▇ Homes will check all wiring and replace wiring or breaker if it does not perform adequately or is defective.
Leak. Transformer no-load losses and excitation current at 110 percent of ratings.
Leak. A loss or gain of 0.1 gallons or more per hour as determined by a precision test or other tank and piping tightness test methods capable of detecting a 0.1 gallon or more per hour product loss or gain. Any procedures or equipment that may be used to determine if an underground tank or piping is discharging product outside of its primary containment in a manner not controlled by the operator. Leak detection methods include but are not limited to inventory control, interstitial monitoring, and tank and line testing. A mechanical or electronic device that is used to detect leaks in a pressurized system. Mechanical LLDs must be able to detect a single 3 gallon per hour leak by slowing the flow of product. Electronic LLDs can be programmed to detect a 3 gallon per hour (gross) or a 0.2 gallon per hour or a 0.1 gallon per hour leak. A facility where oil is stored for eventual resale. A slotted pipe made of PVC or some other material that is placed in the ground vertically and used to facilitate sampling of groundwater to detect contamination. See GROUNDWATER MONITORING. Oil that is motor gasoline, aviation gasoline, #1 or #2 diesel fuel or any grade of gasohol typically used in the operation of a vehicle or motor engine (including emergency generators). Oil, oil additives, petroleum products and their by-products of any kind and in any form including, but not limited to, petroleum, fuel oil, sludge, oil refuse, oil mixed with other nonhazardous waste, crude oils and all other liquid hydrocarbons regardless of specific gravity. Oil does not include propane.
Leak. I know that after this surgery, ▇▇▇▇▇▇▇▇ and stitching is involved creating the stomach tube and the new join. These staple and suture lines are meant to be water tight without any leakage of intestinal content to the abdominal cavity. I understand that there is a rare risk of leaking (1 – 2%), particularly in the first two weeks after the surgery. Leaking from the staple line/bowel join is a serious problem. The leak will allow stomach acid, bile, bacteria and digestive enzymes to escape into the abdominal cavity causing severe infection (peritonitis) that may even be potentially lethal. I understand that strictly following the prescribed post-operative diet is important minimizing the chance of a leak. I also understand that If I am worried about the possibility of a leak, I have to inform ▇▇. ▇▇▇▇▇▇▇▇▇▇ directly without delay. I know if a leak is suspected, I may have to undergo further tests including x-rays and emergency surgery. I am aware that the emergency surgery usually involves placement of multiple drains and nasal feeding tube. I am also aware that resolution of a leak can take a long period of time, usually requiring me to have in hospital care for a long period of time, sometimes weeks or even months. In the process, I may also require intensive care treatment or transfer to a different hospital for optimal care. I understand the risk of leak is higher if one anastomosis gastric bypass is done as a revision surgery following failure of a previous gastric band or a sleeve surgery. I also clearly understand that this complication can very rarely, be lethal.