REVALIDATIONS Clause Samples

The REVALIDATIONS clause establishes the process and requirements for periodically confirming or updating the validity of certain credentials, certifications, or approvals relevant to the agreement. Typically, this clause outlines the frequency and method by which parties must provide evidence that their qualifications or authorizations remain current, such as submitting updated licenses or compliance documents at specified intervals. Its core practical function is to ensure ongoing compliance and mitigate risks associated with expired or invalid credentials during the term of the contract.
REVALIDATIONS. Maintenance Test Pilots shall be permitted sufficient time to revalidate or maintain their professional flying license on their own time.
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REVALIDATIONS. A request for a revalidation of the certificates of title and certificates of registration which have lapsed due to non-payment of fees, may be made on payment of three times the amount of the outstanding fees, within one year from the date of publication of the expiry notice in the Industrial Property Bulletin.
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Related to REVALIDATIONS

  • Applications To the extent that any provision of any Application related to any Letter of Credit is inconsistent with the provisions of this Section 3, the provisions of this Section 3 shall apply.

  • Revisions With respect to Contracts that are “electronic chattel paper”, the related Receivables have been established in a manner such that (a) all copies or revisions that add or change an identified assignee of the authoritative copy of each such Contract must be made with the participation of the Trust Collateral Agent and (b) all revisions of the authoritative copy of each such Contract are readily identifiable as an authorized or unauthorized revision.

  • Compositions any corporate action, legal proceedings or other procedures or steps are taken, or negotiations commenced, by any Security Party or by any of its creditors with a view to the general readjustment or rescheduling of all or part of its Indebtedness or to proposing any kind of composition, compromise or arrangement involving such company and any of its creditors; or

  • Renewals You will be provided with renewal terms in good time before expiry of the policy, or notified that renewal is not being invited. Unless you advise otherwise renewals are invited on the basis that there have been no changes in the risk or cover required, other than those specifically notified to us or your insurers (see section on ‘‘Duty of Fair Presentation’‘). It is very important that you check the information provided at renewal to confirm it remains accurate and complete. If any of the information is incorrect or if your circumstances have changed you should contact us immediately so we can update your details. Failure to notify us or your insurer of any incorrect information or change in circumstances may lead to your policy being cancelled or your claim rejected or not fully paid.

  • Enhancements No Enhancement shall be provided in respect of any Series of Notes, nor will any Enhancement Provider have any rights hereunder, as third-party beneficiary or otherwise, unless the Servicer has provided its prior written consent to such Enhancement, such consent not to be unreasonably withheld.