RCC Clause Samples

The RCC clause, often referring to a "Right to Cure Clause," grants a party the opportunity to remedy a breach or default before the other party can terminate the contract or pursue further remedies. In practice, this means that if one party fails to meet a contractual obligation, they are typically given a specified period to correct the issue after receiving notice. This clause helps maintain contractual relationships by preventing immediate termination over potentially minor or fixable breaches, ensuring fairness and providing a clear process for addressing problems before escalating disputes.
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RCC. The financial statements of RCC, dated December 31, 1995, which have previously been provided to the Purchaser, have been prepared in accordance with United States generally accepted accounting principles ("GAAP") applied on a consistent basis during the periods involved and fairly present in all material respects the financial position and results of operations and cash flows of RCC as at the date thereof and for the period presented therein. Since such date, there has been no material adverse change in its financial condition, operations or properties.
RCC. RCC has, and as of the Closing will have, good and marketable title to all of the personal property reflected in its financial statements or acquired after the date thereof (except for personal property sold or otherwise disposed of since such date), free and clear of all security interests, mortgages, pledges, liens, charges, and encumbrances of any nature whatsoever, except for the mortgages and security interests granted by it to Bank of America, as agent for the financing provided at the time of its organization and for the mortgage and security interest granted by it to Central Maine Power Company in connection with its execution of a long-term agreement to sell the bulk of its power output to such firm and for minor imperfections of title, encumbrances, or liens as do not materially detract from or interfere with the present use of its assets or materially impair the operation of its portion of the Business.
RCC. RCC shall design and fabricate composite components and do the final assembly and testing of the deliverable structure. The components include such things as honeycomb panels, tubing and molded structures. The Company will issue an RFQ for the work to be done by RCC and RCC will provide a firm fixed price proposal to the Company. _____________________________ _________________________________ RCC shall be responsible for any cost overruns that may occur that are not due to legitimate design changes from the Company's final customer. The Company will also reside within RCC's facility.
RCC. Strong earthquake resistant RCC framed structure with best material component. 2. Brick Work .6” External bricks/fly ash brick /Seforex blocks work and 4” internal bricks/Seforex blocks fly ash brick work 3. Plaster .External sand faced sponge finished plaster for increased protection from weathering and formation . .Internal wall POP/Sanla finish. 4.Flooring .All rooms 24”X 24” vitrified tiles flooring .Toilets and Balconies : Anti-skid Ceramic tiles. ▇.▇▇▇▇▇▇▇ .Granite kitchem platform with SS sink .Designer glazed tiled dado upto window level. .Provision for exhaust fan. ▇.▇▇▇▇▇▇▇ .3track Aluminum windows with high density powder coated finished with mosquito net , granite sill and M.S. grills. . Clear 4MM glass ( asahi/modi or equivalent) 7.Doors .Decorative main door and water proof laminated flush doors and all rooms and balconies have flush doors with paint finish. .3track powder coated M.S. doors for terraces .Granites doors frames for toilets and bathroom 8.Electrification .Concealed electrification in I.S.I approved fire resistant coper wires Adequate number of modular switches and sockets in all rooms and common areas. .AC point in master bedroom .TV/Cable point in living room and all bed room .Provision for exhust fan & Geyser in batheroom 9.Painting .External- Semi acrylic paint .Internal –Oil bound distemper paint
RCC. The RCC is the joint board described in this Agreement and shall provide policy advice and recommendations to the parties to this Agreement pursuant to RCW 39.34.030(4). The joint board shall have the duties and authorities as further stated herein.