Potential Limitations Clause Samples
The "Potential Limitations" clause defines the boundaries or restrictions that may apply to the rights, obligations, or performance under an agreement. This clause typically outlines specific scenarios where certain provisions may not be fully enforceable, such as due to legal constraints, technical feasibility, or external factors beyond the parties' control. By clearly stating these limitations, the clause helps manage expectations and reduces the risk of disputes by clarifying what is and is not guaranteed under the contract.
Potential Limitations. Both the Corporation and Indemnitee acknowledge that in certain instances, Delaware state law and federal banking laws and regulations, federal law or public policy may override applicable state law and prohibit the Corporation from indemnifying its directors and officers under this Agreement or otherwise. For example, the Corporation and Indemnitee acknowledge that the federal regulators have taken the position that indemnification is not permissible for liabilities arising under certain federal securities laws, and federal legislation prohibits indemnification for certain ERISA violations. Indemnitee understands and acknowledges that the Corporation has undertaken or may be required in the future to undertake with federal regulators to submit questions of indemnification to a court in certain circumstances for a determination of the Corporation’s right under public policy to indemnify Indemnitee. Furthermore, Indemnitee and Corporation acknowledge that the extent of (i) indemnification permissible under Section 145 of the Delaware General Corporation Law has not been judicially determined; therefore, the enforceability of Indemnitee’s rights under Section 1(l) is uncertain; and (ii) advancement of expenses and indemnification of Indemnitee in the event of a proceeding or action described in Section 7(a) below, is also uncertain and may not be permissible or may be subject to applicable regulatory restrictions.
Potential Limitations. You agree that any 911 calls made using the Service may be subject to network congestion and/or reduced routing or processing speed. If you have Call Forwarding, or other features programmed and in use at the time you dial a 911 call and your call is interrupted, the emergency dispatcher may not be able to call you back at the phone from which you dialed the call.
Potential Limitations. All the contractual, insurance and statutory leave benefits referenced above have specific rules or external agencies that govern their application, and the terms of this MOU will be interpreted consistently with those rules and agencies. Some of the leave entitlements may require documentation from a healthcare provider. The District agrees to notify MIEA if a new COVID-19-specific leave for which staff may be eligible is created. If the District learns that an identified leave benefit does not apply to a group of employees when it was believed to by the District on the date of signing, the District will inform the MIEA President.
Potential Limitations