OPERATIVE CLAUSES Clause Samples

OPERATIVE CLAUSES. 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. 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. Subject to the condition provided for under clause 2 below, NPS hereby assigns all of its right, title and interest in the. Greek Patents, including without limitation their 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. If the Event of Default is a Minor Default, the operation of this Agreement shall not take eff6ct 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. In the meantime, NPS covenants with DRLP3 that it shall not sell, assign, pledge or otherwise charge or transfer any of the Greek Patents, or any Related Rights, to a third party. The consideration for the assignment under clause 1, as agreed by the Parties and provided for. in the Purchase Agreement and set out above, has already been fully provided and paid by DRLP3 to NPS, and NPS hereby acknowledges that it has received such price and agrees that DRLP3 is not required to make any further payment to NPS. The parties agree that the consideration is fair, reasonable and corresponds fully to the actual value of the assigned Greek Patents, including their Related Rights, and the conditions and prices of the relevant market. This Agreement and its assignment shall be recorded on the Greek National Patent Register (O.B.I.). NPS undertakes, 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 record this Agreement and its assignment on the Greek National Patent Register (O.B.L) and, where required, to produce any additional documents that DRLP3 may reasonably require. NPS undertakes, upon the occurrence of an Event of Default, subject to clauses 3 and 4, to cooperate in good ...

OPERATIVE CLAUSES. Pursuant to powers under the Local Authorities (Goods and Services) ▇▇▇ ▇▇▇▇ 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. The Company will compensate the Employee for loss of earnings in accordance with sub-clause 26(d) of the Enterprise Agreement (“the Compensation”).

OPERATIVE CLAUSES. Clause 1 Clause 2 Clause 3(a) Clause 3(b) Clause 4(1)

OPERATIVE CLAUSES. The Parties agree as follows:

OPERATIVE CLAUSES. The Buyer hereby agrees to observe and be bound by the provisions of the Covenant to the full extent as if the Buyer were the buyer named in the Covenant.

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):-