PELICAN Clause Samples

PELICAN. STORAGE reserves the right to relocate the Customer to another unit for the proper management of the self-storage facility.

PELICAN. STORAGE may increase the storage fees or any other fees or charges payable under this Agreement at any time, but not less than six months after the Commencement Date, by giving the Customer not less than two weeks written notice.

PELICAN. STORAGE is entitled to retain the Bond, or a portion of it, if the required notice is not given by the Customer;

PELICAN. HOLDCO LIMITED, a private limited company incorporated in England under registered number 11988300 whose registered office is at ▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇ (the "Purchaser"); and 3. KVH INDUSTRIES, INC., a corporation incorporated in the State of Delaware with registered number 05042-0589 and having its registered office at ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (the "Seller's Guarantor"), each a "Party" and together the "Parties".

PELICAN shall pay the approved invoice within 45 days after the end of the month of the invoice date, unless a payment discount has been agreed upon for earlier payment or PELICAN sets off of any claim against the Supplier.

PELICAN. LLC, a Louisiana limited liability company (“Texas”), domiciled and having its principal place of business in the Parish of Calcasieu and whose mailing address is declared to be 1▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, herein represented by its duly authorized officer S▇▇▇▇▇ ▇. ▇▇▇▇▇, (Curray and Texas are collectively and jointly and severally, hereinafter the “Landlord”); and JALOU OF VINTON, LLC, a Louisiana limited liability company (“Tenant”), domiciled and having its principal place of business in the Parish of St. M▇▇▇▇▇ and whose mailing address is declared to be 7▇▇ ▇. ▇▇▇▇▇▇▇▇, Suite C, Lafayette, Louisiana 70501, herein represented by its duly authorized officer, S▇▇▇ ▇. ▇▇▇▇▇▇▇, each of whom did execute this LEASE AND OPTION TO PURCHASE AGREEMENT (“Lease”), as of the 21st day of June, 2006 (the “Agreement Date”).

PELICAN reserves the right to withdraw any order placed if the Supplier has not confirmed the order by means of a written confirmation within five working days.

PELICAN has the right by written notification to suspend performance of its obligations under the Agreement, in whole or in part, or to terminate the Agreement, in whole or in part, by written notice with immediate effect (in case of a continuing performance Agreement) or to rescind the Agreement pursuant to Section 6:265 of the Dutch Civil Code, without thereby incurring any liability to compensate the Supplier for damages if: (a) the Supplier is in breach of the full and timely compliance with its obligations under any Agreement; (b) the Supplier is granted suspension of payment as meant in Section 214 et seq. of the Dutch Bankruptcy Act; (c) the Supplier files for bankruptcy or is declared bankrupt; (d) the Supplier has submitted a request for debt rescheduling under the Dutch Natural Persons Debt Rescheduling Act; (e) the Supplier is placed under guardianship or an administrator is appointed on behalf of the Supplier; (f) the Supplier is dissolved, ceases its activities or ceases to exist; (g) a substantial part of the Supplier's assets is seized or subject to executory or prejudgment attachment; (h) directly or indirectly, the say in and control over the (activities or the business of the) Customer or a material part thereof is transferred by merger, as meant in the SER Merger Code 2015, to one or more persons other than the person or persons in whom such say and control was formerly vested, regardless of such rules being applicable to the situation concerned; (i) the Supplier should otherwise no longer be deemed capable of fulfilling its obligations under the Agreement; (j) there is a revocation of a licence from the Supplier required for the performance of the Agreement; (k) the delivery of the Products is rejected by PELICAN after an inspection or re-inspection; or (l) any other event or situation occurs that has a similar effect as any of the circumstances mentioned above, either or not under foreign law.

PELICAN. SOUND APARTMENTS, INC., a Florida corporation (hereinafter called "Borrower"); and FENGAR INVESTMENTS CORPORATION, a Canadian corporation (hereinafter called "Guarantor").