PARAGRAPH SIX Sample Clauses

PARAGRAPH SIX. The Company agrees to continue in effect during the Notice Period any compensation and benefits to which the Executive may be entitled as an employee of the Company. It is understood and agreed that at the expiration of the Notice Period, the Executive's entitlement to any such compensation and benefits shall cease.

PARAGRAPH SIX. The Adviser acknowledges and agrees that the Sub-Adviser shall have no responsibility for filing claims on behalf of the Adviser, the Trust or the Funds or for providing advice with respect to any class action, bankruptcy proceeding or any other action or proceeding in which the Funds or the Trust may be entitled to participate as a result of its securities, commodities, swaps or other financial instrument or other holdings. The Sub-Adviser’s responsibility, with respect thereto, shall be limited to reasonable cooperation with the custodian and the Adviser of the managed assets. The Adviser acknowledges that the Sub-Adviser is not the official record keeper with respect to the managed assets.

PARAGRAPH SIX. For the purposes of the special obligation referred to in item XII of this Clause, from the release date of the funds to the effective return date, payments already made as compensatory interest or amortization of principal must be deducted from the updated amount to be refunded to the BNDES, if applicable.

PARAGRAPH SIX. In the event that GOVERNANCE denies release, the statement must be substantiated, expressly pointing out the measures deemed necessary for SAMARCO and/or FUNDAÇÃO RENOVA to implement in order to obtain the respective release. Paragraph seven. In the event that the respective GOVERNANCE fails to state, within the time limit set in the fourth paragraph, whether the obligation has been fulfilled, the FUNDAÇÃO RENOVA, the PROMISEE and/or the SHAREHOLDERS may formalise an application to the competent court in accordance with Clause 154 of this AGREEMENT, so that, after hearing exclusively the respective PROMISEE(S) responsible for the GOVERNANCE of the obligation, fulfilment of the obligation may be declared and release granted under the terms of this AGREEMENT.

PARAGRAPH SIX. The PARTIES acknowledge and accept that his AGREEMENT can be terminated by prior written notice sent by one PARTY to the other, in the event of one PARTY refraining from fulfilling its contractual obligations for a period greater than 180 (one hundred and eighty) consecutive days due to an Act of God or Force Majeure event, exempting the PARTY in default from indemnifying the other PARTY in the manner foreseen in this AGREEMENT.

PARAGRAPH SIX. For the purposes of assessing ratios mentioned in subsection fourteen and Paragraph Three of this Clause, as well as for the provisions in subsections eleven, twelve and thirteen of this Clause, the following definitions and criteria shall be adopted:

PARAGRAPH SIX. All the payments due by the BUYER must be made free of any burdens or deductions not expressly foreseen in this AGREEMENT, as long as not resulting from legal and/or regulatory determination. Paragraph Seven – The SELLER must discriminate in the Electric Power Formal ▇▇▇▇ of Sale / Invoice, in addition to the value referent to the power installment, the value of the ICMS tax, which is the responsibility of the CONTRACTOR, if due, in the form of the specific legislation.

PARAGRAPH SIX. The information and technical documents may be used by the municipalities to eventually subsidize them in technical decisions within the scope of their water supply policy, at their sole discretion and responsibility.

PARAGRAPH SIX. The spaces and mechanisms for participation and social control of this AGREEMENT are set out in the ANNEXES to this AGREEMENT. Paragraph seven. Within 15 (fifteen) days of signing this AGREEMENT, the secretariat of the CIF’s Technical ▇▇▇▇▇▇▇▇ will arrange for all official documents to be migrated to the SEI system.