Legal Effects Sample Clauses

Legal Effects. No representation, warranty or recommendation is made by any party or his respective agent or attorney regarding the legal sufficiency or effect or tax consequences of any transaction contemplated under this Agreement to any individual or specific entity, and each party acknowledges it has been advised to submit this Agreement to independent legal counsel before signing it. There shall be no presumption in favor of or against any party with regard to which party arranged for initial drafting of this Agreement.
Legal Effects. 14 7.13 Notices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 7.13(a) Manager . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 7.13(b) Club. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 7.14 Parties In Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . 14 7.15 Reasonableness . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 7.16 Records. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 7.17 Remedies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 7.18 Severability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 7.19 Successors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 7.20 Survival . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 7.21 Time . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 7.22 Waiver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 7.23
Legal Effects. This Agreement comprises the legal, valid and binding obligations of each of the Parties, enforceable according to its terms.
Legal Effects. 1. Each single disposition of this agreement shall be considered valid and effective, even in case of lack of validity or effectiveness of any other disposition included in this agreement, unless such lack of validity or effectiveness is essential to the validity of the whole co-management agreement.
Legal Effects. On giving notice in accordance with Clause 8.2 (Notification), the Affected Party shall be excused from the performance or punctual performance, as the case may be, of the obligations notified for so long as the circumstances notified (or the effects thereof) continue and the Affected Party shall be deemed not to be in breach of this Agreement to the extent that such breach is caused by such Event of Force Majeure. The Affected Party shall nevertheless use all reasonable endeavors to continue to perform its obligations under this Agreement and to minimize or eliminate the adverse effects of such Event of Force Majeure with all reasonable dispatch and shall keep the Non-Affected Party informed of material developments relating to such Event of Force Majeure. The Affected Party shall notify the Non-Affected Party of the steps it proposes to take to minimize or eliminate the effects of such Event of Force Majeure, including any reasonable alternative means for performance and, to the extent that it is not prejudiced in so doing, the Non-Affected Party shall use all reasonable endeavors to co-operate in taking such steps. The requirement that any Event of Force Majeure be minimized or eliminated with all reasonable dispatch will not require the settlement of strikes or labor disputes by acceding to the demands of the opposing party or parties.

Related to Legal Effects

  • Legal Effect This Agreement constitutes, and any instrument or agreement Borrower is required to give under this Agreement when delivered will constitute legal, valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.

  • FINANCIAL EFFECTS The JV Agreement is not expected to have any effect on the issued share capital and substantial shareholders’ shareholdings of the Company as it does not involve the issuance of any new ordinary shares in the Company. The JV Agreement is not expected to have any material impact on the Company’s earnings per share, net assets and gearing for the current financial year ending 30 June 2021. However, it is expected to contribute positively to the future earnings of the Company.

  • Personal Effects Clerks shall be reimbursed for damage (other than usual wear and tear) to personal effects which are damaged on the job, provided satisfactory evidence is present- ed to the Joint Port Labor Relations Committee. The amount of the reimbursement shall be decided by the Committee, which shall adhere to the following rules:

  • Mitigation of Harmful Effects To mitigate, to the extent practicable, any harmful effect 8 that is known to CONTRACTOR of a use or disclosure of DHCS PI or PII by CONTRACTOR or its 9 subcontractors in violation of this Personal Information Privacy and Security Contract.

  • Tax Effect If Independent Tax Counsel shall determine that the aggregate payments made, and benefits provided, to the Executive pursuant to this Agreement and any other payments, and benefits provided, to the Executive from the Employer, its affiliates and plans, which constitute "parachute payments" as defined in Section 280G of the Code (or any successor provision thereto) ("Parachute Payments") would be subject to the excise tax imposed by Section 4999 of the Code (the "Excise Tax"), then the Executive shall be entitled to receive an additional payment (a "Gross-Up Payment") in an amount (determined by Independent Tax Counsel) such that after payment by the Executive of all taxes (including any Excise Tax) imposed upon the Gross-Up Payment and any interest or penalties imposed with respect to such taxes, the Executive retains from the Gross-Up Payment an amount equal to the Excise Tax imposed upon the payments. For purposes of this Paragraph, "Independent Tax Counsel" shall mean a lawyer, a certified public accountant with a nationally recognized accounting firm, or a compensation consultant with a nationally recognized actuarial and benefits consulting firm with expertise in the area of executive compensation tax law, who shall be selected by the Employer and shall be reasonably acceptable to the Executive, and whose fees and disbursements shall be paid by the Employer.

  • No Legal Advice from Company Subscriber acknowledges it has had the opportunity to review this Agreement and the transactions contemplated by this Agreement and the other agreements entered into between the parties hereto with Subscriber’s own legal counsel and investment and tax advisors. Except for any statements or representations of the Company made in this Agreement and the other agreements entered into between the parties hereto, Subscriber is relying solely on such counsel and advisors and not on any statements or representations of the Company or any of its representatives or agents for legal, tax or investment advice with respect to this investment, the transactions contemplated by this Agreement or the securities laws of any jurisdiction.

  • Understanding of Agreement Executive represents and warrants that he has read and understood each and every provision of this Agreement, and Executive understands that he has the right to obtain advice from legal counsel of choice, if necessary and desired, in order to interpret any and all provisions of this Agreement, and that Executive has freely and voluntarily entered into this Agreement.

  • Interpretation; Effect When a reference is made in this Agreement to Sections, Exhibits or Schedules, such reference shall be to a Section of, or Exhibit or Schedule to, this Agreement unless otherwise indicated. The table of contents and headings contained in this Agreement are for reference purposes only and are not part of this Agreement. Whenever the words “include”, “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.”

  • No Legal Advice From the Company The Investor acknowledges that it had the opportunity to review this Agreement and the transactions contemplated by this Agreement with his or its own legal counsel and investment and tax advisors. The Investor is relying solely on such counsel and advisors and not on any statements or representations of the Company or any of its representatives or agents for legal, tax or investment advice with respect to this investment, the transactions contemplated by this Agreement or the securities laws of any jurisdiction.

  • No Effect Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities, or restrict or limit the Company from engaging or contracting with the Holdings Entities for the provision of services or the purchase or sale of products.