STABILITY AGREEMENT Clause Samples

STABILITY AGREEMENT. Section 1 No agreement, understanding alteration or variation of the agreements, terms or provisions herein contained shall bind the parties hereto unless made and executed in writing by the parties hereto. Section 2 The Failure of the employer or of the Union to insist, in any one or more incidents, upon performance of any of the terms, or conditions of this Agreement shall not be considered as a waiver or relinquishment of the rights of the Employer or of the Union to future performance of any such terms or conditions, and the obligations of the Union and the Employer to such future performance shall continue in full force and effect.

STABILITY AGREEMENT. Each of the Senior Facility Lenders hereby acknowledges that a copy of the Stability Agreement has been made available to it and that it has had adequate opportunity to review the Stability Agreement. Each of the Senior Facility Lenders hereby accepts and acknowledges that the Borrower does not intend to seek any new or amended stability agreement or other agreement of a similar nature with respect to the Sulfide Project.

STABILITY AGREEMENT. 20.01 No amendment, alteration or variation of the terms or provisions of this AGREEMENT shall bind the parties hereto unless made and executed in writing by the parties hereto. 20.02 The failure of the CITY or the ASSOCIATION to insist, in anyone or more situations, upon performance of any of the terms or provisions of this AGREEMENT, shall not be considered a waiver or relinquishment of the right of the CITY or of the ASSOCIATION to future performance of any such term or provisions, and the obligations of the ASSOCIATION and the CITY to such future performance shall continue.

STABILITY AGREEMENT. The Stability Agreement is in full force and effect.