Pending Acts Clause Samples
The "Pending Acts" clause defines how certain actions or obligations that are in progress or awaiting completion at the time of contract execution are to be handled. Typically, this clause clarifies whether such acts will be completed under the terms of the current agreement or if they are subject to previous arrangements. For example, if a party has initiated a service or delivery before the contract is signed, the clause will specify how that ongoing activity is treated. Its core function is to ensure clarity and prevent disputes regarding responsibilities for actions that straddle the contract's effective date.
Pending Acts. There is no Dispute, pending or, to the knowledge of AZUL Holding and/or its Controlled Companies, threatened against them before any Governmental Authority which, if decided unfavorably, may interfere in the capacity of AZUL Holding to perform its obligations arising out of this Agreement, the other Transaction Documents and also the Exhibits hereto.
Pending Acts. There is no pending or to the knowledge of TRIP and/or its Controlled Companies threatened Dispute against them before any Governmental Authority that, if held unfavorably may interfere in TRIP’s capacity to comply with its obligations arising from this Agreement, other Transaction Documents and also from Exhibits to this Agreement.