OPERATIVE CLAUSES Sample Clauses

OPERATIVE CLAUSES. Subject to the condition provided for under clause 2 below, NPS hereby assigns all of its right, title and interest in the Austrian Patents, including without limitation then-Related Rights, to DRLP3. Subject to clauses 3 and 4, the operation of this Agreement is subject to the occurrence of an Event of Default. To ensure proper operation of this Agreement at such point in time NPS herewith agrees to duly execute the assignment deed Appendix .11 (the "Assignment Deed") with notarized and apostilled signatures concurrently with the execution of this Agreement and to hand over to DRLP3 the original of such Assignment Deed. DRLP3 agrees to hold in strict confidence the Assignment Deed and to use the Assignment Deed solely in accordance with clause 6 below. If the Event of Default is a Minor Default, the operation of this Agreement shall not take effect unless or until DRLP3 has first sought to commence legal action to enforce payment or performance of the Obligations and any remedy obtained under such action has not satisfied the Obligations of NPS or any judgement obtained pursuant to such action remains unsatisfied by NPS for more than 15 Business Days after the rendering of such judgement (without the necessity of appeal from such judgement). If an Event of Default is the result of a breach of representation and warranty by NPS, then the operation of this Agreement shall not take effect for a period of 60 days commencing on the date on which notice of such breach is provided to NPS and furthermore shall not take effect if during that 60 day period the parties agree upon an alternative remedy in respect of that breach. NPS covenants with DRLP3 that it shall not sell, assign, pledge or otherwise charge or transfer any of the Austrian Patentsor any Related Rights, to a third party. Upon the occurrence of an Event of Default provided for under clause 2, DRLP3 shall be entitled to register the change of ownership in the Austria Patents as evidenced by the Assignment Deed with the Austrian Patent Office. NPS agrees to cooperate in good faith with DRLP3, to do all such acts and give any documents and signatures for the performance and the enforcement of all formalities required to vest title in the Austrian Patents, including their Related Rights, in DRLP3 and to record such assignment at the Austrian National Patent Register and, where required, to produce any documents confirming that an Event of Default has taken place that DRLP3 may reasonably require. Any an...
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OPERATIVE CLAUSES. 1. The Customer agrees that responsibility for the safe use of the Dunnage rests entirely with the Customer.
OPERATIVE CLAUSES. 5. Pursuant to powers under the Local Authorities (Goods and Services) Xxx 0000 and other enabling powers there will be formed The Unit which will provide an emergency planning and business continuity planning enabling service that will, as a minimum:
OPERATIVE CLAUSES. 1 INTERPRETATION In this MTC Agreement:
OPERATIVE CLAUSES. Operative Clauses are the core of the Paris Agreement, as they are used in order to make requests, recommendations or call for action. One can have sub clauses in an operative clause in order to specify measures or intentions. In COP21, the way clauses are written will differ from other committees. Usually, operative clauses must begin with a specific phase, however, in COP21, this will not be necessary due to the fact that the UNFCCC is not a resolution, but is a non-binding convention. There can also be multiple sentences utilized in one clause. A convention is a form of agreement between States and are open for participation by the international community as a whole, or by a large number of States.1 A United Nations resolution (UN resolution) is a formal text adopted by a United Nations (UN) body. This is a document passed in the General Assembly or Security Council. Therefore, as a convention, the structure of clauses in the COP21 committee is different from a resolution. An example of an operative clause:
OPERATIVE CLAUSES. 1. The agreement contained in this Deed is subject to registration within six months of the date of this Deed (or such longer period as the parties may agree in writing) of:
OPERATIVE CLAUSES. It is now agreed: Provision of Services
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OPERATIVE CLAUSES. 8.2.1 With effect from each of the Review Dates, the rent shall be revised so as to equal the greater of (1) the rent payable by the Tenant to the Landlord immediately before such Review Date (“Current Rent”) and (2) the annual rent which is the product of the following calculation (in which all components are expressed exclusive of VAT):-
OPERATIVE CLAUSES. 1. For the purpose of this Agreement, “
OPERATIVE CLAUSES. The Parties agree as follows:
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