No Right of Revocation Sample Clauses

No Right of Revocation. Guarantor understands and agrees that Guarantor may not revoke their future obligations under this Guaranty at any time as long as any Guaranteed Indebtedness is outstanding or as long as Bank is under any obligation to extend credit, in any form, to Borrower.
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No Right of Revocation. Guarantor understands and agrees that Guarantor may not revoke Guarantor’s future obligations under this Guaranty at any time prior to the date (the “Guaranty Termination Date”) on which: (a) the Warehouse Agreement has terminated in accordance with its terms; and (b) all duties and obligations of Seller and any other Person to Bank under the Warehouse Agreement and any other Warehouse Document (including Guarantor’s obligations to Bank under this Guaranty) have been fully satisfied, paid and performed, as confirmed in writing by Bank on or after the termination date of the Warehouse Agreement. If Guarantor is an individual and dies, Guarantor’s obligations under this Guaranty shall be binding on Guarantor’s estate.
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No Right of Revocation. The Release which is being executed concurrently herewith provides that Xxxxxxx shall have a period of seven (7) days following the execution of the Release to revoke it and it shall not become effective or enforceable until the revocation period has expired. In the event that the Release is revoked within the aforementioned seven (7) day period, then, at the option of the Company, the Company may elect to purchase all or such part of Xxxxxxx'x Sixty Five Thousand (65,000) shares of stock in the Company as the Company so chooses. In the event that the Release is revoked within the aforementioned seven (7) day period, than the aforementioned election to purchase by the Company shall be in a writing to Xxxxxxx notifying him of the Company`s election. The writing is effective only if it is hand-delivered or mailed to Xxxxxxx within five (5) business days of the Company's receipt of notice of Xxxxxxx`s revocation of the Release. If the writing is mailed to Xxxxxxx, it shall be addressed to his last known home address and it shall be deemed to be timely if it was deposited in the United States mail, by first class postage, within the aforementioned five (5) day period. In the event that the Release is revoked within the aforementioned seven (7) day period and the Company does not timely give Xxxxxxx the notice of election to purchase as provided herein, than the Company will be deemed to have elected to not purchase any of Xxxxxxx'x Sixty Five Thousand (65,000) shares of stock in the Company. Xxxxxxx does not have any right whatsoever to revoke this Stock Purchase Agreement. Whether or not the Company makes any election as provided in this Paragraph, all other terms and conditions of this Stock Purchase Agreement shall remain in full force and effect.
Sample 1
No Right of Revocation. Even if the Organiser offers tickets partly via means of distance communication in the sense of § 312c para. 2 BGB (German Civil Code) and thus a distance contract may exist in accordance with § 312c para. 1 BGB, there is no right of revocation of the purchaser when purchasing a ticket in accordance with § 312g para. 2 no. 9
Sample 1

Related to No Right of Revocation

  • Right of Revocation Guarantor understands and agrees that Guarantor may revoke its future obligations under this Guaranty at any time by giving Bank written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank receives such notice delivered either by: (a) personal delivery to the address and designated department of Bank identified in subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank at the address shown in subparagraph 1(a) above. Notwithstanding such revocation, Guarantor shall remain liable on its obligations hereunder until payment in full to Bank of (x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor.

  • No Right of Set-Off The Trustee waives any right of set-off or any right, title, interest or claim of any kind that the Trustee may have against the Property held in the Trust Account. In the event the Trustee has a claim against the Company under this Agreement, including, without limitation, under Section 3(b), the Trustee will pursue such claim solely against the Company and not against the Property held in the Trust Account.

  • Right of Rescission Customer may rescind this Agreement within three (3) business days after receiving this Agreement by contacting Clearview Energy by phone or in writing. This Agreement is not legally binding until the rescission period has expired and you have not, directly or indirectly, rescinded your selection. The Customer is liable for all Clearview Energy charges until the Customer returns to the EDC or another supplier.

  • Right of Revocation of Action Taken At any time prior to (but not after) the evidencing to the Trustee, as provided in Section 6.01, of the taking of any action by the Holders of the percentage in aggregate principal amount of the Securities of any or all series, as the case may be, specified in this Indenture in connection with such action, any Holder of a Security the serial number of which is shown by the evidence to be included among the serial numbers of the Securities the Holders of which have consented to such action may, by filing written notice at the Corporate Trust Office and upon proof of holding as provided in this Article, revoke such action so far as concerns such Security. Except as aforesaid any such action taken by the Holder of any Security shall be conclusive and binding upon such Holder and upon all future Holders and owners of such Security and of any Securities issued in exchange or substitution therefor or on registration of transfer thereof, irrespective of whether or not any notation in regard thereto is made upon any such Security. Any action taken by the Holders of the percentage in aggregate principal amount of the Securities of any or all series, as the case may be, specified in this Indenture in connection with such action shall be conclusively binding upon the Issuer, the Trustee and the Holders of all the Securities affected by such action.

  • Right of Refusal Does the proposing vendor wish to reserve the right not to perform under the awarded agreement with a TIPS member at vendor's discretion? Yes

  • No Right of Setoff Neither party hereto nor any affiliate thereof may deduct from, set off, holdback or otherwise reduce in any manner whatsoever against any amounts such Persons may owe to the other party hereto or any of it affiliates any amounts owed by such other party or its affiliates to the first party or its affiliates.

  • Right of Review Once Lessor shall have finally determined said Operating, Utility and Energy or Real Estate Tax Costs at the expiration of a Lease Year, then as to the item so established, Lessee shall only be entitled to dispute said charge as finally established for a period of six (6) months after such charge is finally established, and Lessee specifically waives any right to dispute any such charge at the expiration of said six (6) month period.

  • No Right of Partition No Member, other than the Manager, shall have the right to seek or obtain partition by court decree or operation of Law of any Company property, or the right to own or use particular or individual assets of the Company.

  • No Right to Set-Off The Company shall not be entitled to set off against amounts payable to the Executive hereunder any amounts earned by the Executive in other employment, or otherwise, after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

  • Right of Use 2.1 Except as expressly otherwise agreed in this Contract, as between the parties all intellectual and industrial property rights in the Supplies, in all documents provided by Siemens in connection with this Contract (the “Documents”) and in all software, hardware, knowhow (“IPR”) and other things provided with or as part of the Supplies and the Documents shall be the exclusive property of and vest in Siemens. The Customer shall not reverse engineer, decompile, or reproduce the Supplies or parts thereof and shall ensure that third parties will not reverse engineer, decompile, or reproduce the Supplies or parts thereof in each case to the extent mandatory law does not prohibit such limitation.

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