Preservation of Right Sample Clauses

Preservation of Right. It is understood that if the District and the Faculty Association agree in the future to drop medical benefits for active staff, this retiree right will be preserved for faculty eligible for retiree coverage under Article 20C.
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Preservation of Right. The license granted by this Addendum shall continue until terminated by either Licensee or Licensor in accordance with the provisions of this Amendment. Under no circumstances shall this Addendum remain in effect after any termination or expiration of the Agreement. Upon any termination or expiration of this Addendum, Licensee shall revert to no lesser nor greater status or rights than Licensee is entitled to under the Agreement as it existed immediately prior to the execution of this Addendum. Each party shall have the same rights and duties in respect to the "Dairy Queen" trademark as each had immediately prior to execution of this Addendum. Termination or expiration of the Agreement in accordance with its terms, however, shall automatically terminate this addendum without further notice or action of either party.
Preservation of Right. To Amend or Terminate Plans 10
Preservation of Right. Subject to the release of and from past obligations, nothing in this Agreement shall preclude either Split Lake Cree or Hydro from proceeding on the basis of reference through the Arbitrator under the NFA to the Manitoba Court of Appeal, as provided by the NFA, to determine their respective rights, entitlements, remedies and obligations under Articles 18.4 and 18.5 of the NFA, and any other provision of the NFA as such provision relates to Hydro's obligations respecting Project employment. This Article, and practical programs, if any, established pursuant to this Article, shall not derogate from or enhance the rights, entitlements, remedies, obligations or defences of either Hydro or Split Lake Cree in any such proceeding.
Preservation of Right. (A) The obligations of the Guarantor contained herein are to be continuing obligations which shall (i) continue in full force and effect irrespective of the legality, validity or enforceability of any other clause or provision of this Guaranty or any clause or provision of the Reimbursement Agreement or the Security Documents and notwithstanding the winding-up or dissolution of any of the Obligors or any change in their status, function, control or ownership, (ii) not be satisfied by any intermediate payment or satisfaction of any part of any sum or sums of money owing by the Guarantor under this Guaranty, or by any of the Obligors under the Reimbursement Agreement, or by any other guarantor under its guarantee of the obligations of any of the Obligors under the Reimbursement Agreement, (iii) remain in operation until all monies owing under this Guaranty, the Reimbursement Agreement and the Security Documents have been paid in full and (iv) be in addition to and not in substitution for or in derogation of any other security in respect of the obligations of each of the Obligors under the Reimbursement Agreement or the Security Documents held by any Person to whom the benefit of the Guarantor's obligations are given.
Preservation of Right. Subject to the release of and from past obligations, nothing in this Agreement shall preclude either Split Lake Cree or Hydro from proceeding on the basis of reference through the Arbitrator under the NFA to the Manitoba Court of Appeal, as provided by the NFA, to determine their respective rights, entitlements, remedies and obligations under Articles 18.4 and
Preservation of Right. The obligations of the Guarantor herein contained shall be in addition to and independant of every other security which the Beneficiaries or any of them may at any time hold in respect of any of the Borrower’s obligations under the Facility Agreement. The obligations of the Guarantor herein contained shall constitute and be continuing obligations, notwithstanding any settlement of account or other matter or thing whatsoever and in particular (but without prejudice to the generality of the foregoing) shall not be considered satisfied by any intermediate repayment or satisfaction of all or any of the obligations of the Borrower under the Facility Agreement and shall constinue in full force and effect until the obligations of the Borrower under the Facility Agreement have been satisfied in full. Neither the security constituted by any Facility Document or the obligations of the Guarantor herein contained nor the rights, powers and remedies conferred upon the Agent, the Beneficiaries or other delegate thereof or any of them by any Facility Documents or by law shall be discharged, impaired or otherwise affected by:- the winding-up, dissolution, administration or reorganisation of the Borrower or any other person or any change in its status, fucntion, control or ownership; any of the obligations of the Borrower or any other person under the Facility Agreement or under any other security taken in respect of the obligations of the Borrower under the Facility Agreement being or becoming illegal, invalid, unenforceable or ineffective in any respect; time or other indulgence being granted or agreed to be granted to the Borrower or any other person in respect of its obligations under the Facility Agreement or under any such security; any amendment to, or any variation, waiver or release of, any of the obligations of the Borrower or any other person under the Facility Agreement or under any such security; any failure to take, or fully to take, any security contemplated by the Facility Agreement or otherwise agreed to be take in respect of the Borrower’s obligations under the Facility Agreement; and any other act, event or omission which, but for this Clause 3(C), might operate to discharge, impair or otherwise affect the security hereby constituted or any of the rights, powers or remedies conferred upon the Agent, the Beneficiaries or other delegate thereof or any of them by this Deed or by law. Any settlement or discharge between the Guarantor, the Agent, the Benefici...
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Related to Preservation of Right

  • Preservation of Rights No delay or omission of the Lenders or the Administrative Agent to exercise any right under the Loan Documents shall impair such right or be construed to be a waiver of any Default or an acquiescence therein, and the making of a Loan notwithstanding the existence of a Default or the inability of the Borrower to satisfy the conditions precedent to such Loan shall not constitute any waiver or acquiescence. Any single or partial exercise of any such right shall not preclude other or further exercise thereof or the exercise of any other right, and no waiver, amendment or other variation of the terms, conditions or provisions of the Loan Documents whatsoever shall be valid unless in writing signed by the Lenders required pursuant to Section 8.2, and then only to the extent in such writing specifically set forth. All remedies contained in the Loan Documents or by law afforded shall be cumulative and all shall be available to the Administrative Agent and the Lenders until the Obligations have been paid in full.

  • Reservation of Right You shall have the right not to accept for deposit to the Custody Account any securities which are in a form or condition which you, in your sole discretion, determine not to be suitable for the services you provide under this Agreement.

  • Reservation of Rights NYISO and Connecting Transmission Owner shall have the right to make unilateral filings with FERC to modify this Agreement with respect to any rates, terms and conditions, charges, classifications of service, rule or regulation under section 205 or any other applicable provision of the Federal Power Act and FERC’s rules and regulations thereunder, and Developer shall have the right to make a unilateral filing with FERC to modify this Agreement pursuant to section 206 or any other applicable provision of the Federal Power Act and FERC’s rules and regulations thereunder; provided that each Party shall have the right to protest any such filing by another Party and to participate fully in any proceeding before FERC in which such modifications may be considered. Nothing in this Agreement shall limit the rights of the Parties or of FERC under sections 205 or 206 of the Federal Power Act and FERC’s rules and regulations thereunder, except to the extent that the Parties otherwise mutually agree as provided herein.

  • Protection of Rights Licensee shall not copy, translate, disassemble, decompile, nor reverse engineer the Software or other SAP Materials. Licensee shall not create or attempt to create the source code from the object code of the Software or other SAP Materials. Licensee is permitted to back up data in accordance with good information technology practice and for this purpose to create the necessary backup copies of the Software. Backup copies on transportable discs or other data media must be marked as backup copies and bear the same copyright and authorship notice as the original discs or other data media, unless technically infeasible. Licensee must not change or remove SAP’s copyright and authorship notices.

  • No Waiver; Reservation of Rights The Investor has not waived, is not by this Agreement waiving, and has no present intention of waiving, the Specified Defaults or any other Events of Default which may be continuing on the date hereof or any Events of Default which may occur after the date hereof (whether the same or similar to the Specified Defaults or otherwise), and nothing contained herein shall be deemed or constitute any such waiver. Subject to Section 2 above, the Investor reserves the right, in its discretion, to exercise any or all rights or remedies under the WorldSpace Notes, the other New Transaction Documents, applicable law and otherwise as a result of the Specified Defaults or any other Events of Default that may be continuing on the date hereof or any Events of Default that may occur after the date hereof, and the Investor has not waived any of such rights or remedies and nothing in this Agreement, and no delay on the Investor’s part in exercising such rights or remedies, should be construed as a waiver of any such rights or remedies. Upon the termination of the Forbearance Period, the agreement of the Investor to forbear and the other agreements of the Investor, in each case as set forth in Section 2 above, shall automatically and without further action terminate and be of no force and effect, it being understood and agreed that the effect of such termination will be to permit the Investor and the Collateral Agent (acting upon the instructions of the Investor and on behalf of the Investor) to exercise any and all of its rights and remedies at any time and from time to time thereafter, including, without limitation, the right to accelerate all or any portion of the obligations under the WorldSpace Notes and exercise any other rights and remedies set forth in the WorldSpace Notes, the other New Transaction Documents, applicable law or otherwise, in each case, without any notice, passage of time or forbearance of any kind. The Investor reserve the right to request any additional information (financial or otherwise) with respect to the Specified Defaults or any other Event of Default or otherwise.

  • Preservation of Rights to Amend Except as set forth in this Agreement, the rights of each member of the Parent Group and each member of the SpinCo Group to amend, waive, or terminate any plan, arrangement, agreement, program, or policy referred to herein shall not be limited in any way by this Agreement.

  • Duration of Rights If an Exchange Event does not occur within the time period set forth in the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time, the Rights shall expire and shall be worthless.

  • Company’s Reservation of Rights Employee acknowledges and understands that the Employee serves at the pleasure of the Board and that the Company has the right at any time to terminate Employee's status as an employee of the Company, or to change or diminish his status during the Employment Term, subject to the rights of the Employee to claim the benefits conferred by this Agreement.

  • Retention of Rights 36.1 Clauses 5.2(b),6,7,8,9,11,12, 13, 14, 15 16, 22, 23, 35.1, 37 and 38 of this Section 2 and any relevant clauses listed under Section 4 shall continue in force following the termination of this Contract.

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