Common use of No Application Clause in Contracts

No Application. (a) Clause 14.5 shall have no application and shall not be deemed to be part of this Agreement if the Buyer is an individual. (b) Clause 14.5 (a) and (b) shall not apply if the change of Control of the Buyer occurs due to an external financier taking or exercising any Security Interest over the Buyer.

Appears in 2 contracts

Sources: Timber Sale Agreement, Timber Sale Agreement