UNAFFECTED Sample Clauses

UNAFFECTED. 4. Your promises under this Guarantee will not be affected by any of the following (which otherwise could provide a defence to any claim under this Guarantee):
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UNAFFECTED. The only auditors from large firms who are not affected by the introduction of the new audit rules are those in joint ventures with international CPA firms, all of which are based in the US. They have not experienced any decline in the market. The researchers believe that this is because those auditors have been serving a unique niche in the market that consists largely of clients with foreign owners. The presence of foreign shareholders provided an incentive for the international joint venture partners to act independently even well before the introduction of the new rules. The researchers believe that as China is on course to become one of the world’s largest economies, it should improve the efficiency of its capital markets by fostering audit independence. In addition to the implementation of more stringent regulations, it should also allow for the establishment of free-market features such as majority private ownership of shares, corporate governance mechanisms, and auditor litigation. Inquiries can be directed to X. X. Xxxx at xxxxxxxx@xxx.xx The researchers also hail the plan of the Chinese government to open up competition between large Chinese auditors and the world’s Big-5 at some future time as a win-win proposal for both sides. More competition will not only change the landscape of the audit market the Big-5 currently operate in, but it will also help elevate the standards and performance of Chinese auditors. Table 1 Market share of top 10 auditors for all clients 50 22% 40 30 20 10 0 1993/1994 1995/1996 average average H KUST BUSI NESS SC H OOL – N e w s l e t t e r FROM THE XXXX A s reported elsewhere and in this newsletter, the School has launched a number of China-related initiatives during the last few years, including research, academic alliances and seminar activities. Given the School’s focus on China business, I am delighted to provide in this column a summary of our major programs and Xxxx Xxx-Xxxx Chan activities related to business in China. Our interest in developing and achieving excellence in China business and management is rooted in our aspiration to help enterprises in the Chinese Mainland to become strong competitors in the global market place. The smooth and successful restructuring of Chinese enterprises will be vital to the continued prosperity of Hong Kong, which will remain the bridge between the Mainland and the rest of the world. To this end, there have been concerted efforts from the School to build up and maintain an ...
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UNAFFECTED.  To be read independently
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UNAFFECTED. Neither clause 16.1(a) nor its operation shall be restricted or reduced by any other provision of this Agreement (including without limitation clause 9).
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Related to UNAFFECTED

  • Existing rights unaffected No Creditor Party shall be obliged to exercise any of its rights under Clause 25.1; and those rights shall be without prejudice and in addition to any right of set-off, combination of accounts, charge, lien or other right or remedy to which a Creditor Party is entitled (whether under the general law or any document).

  • Invalidity; Severability If any portion of this Agreement is declared invalid, illegal, or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect.

  • Validity and Enforceability The Company and its Subsidiaries’ rights in the Company-Owned IP are valid, subsisting, and enforceable, except as would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. The Company and each of its Subsidiaries have taken reasonable steps to maintain the Company IP and to protect and preserve the confidentiality of all trade secrets included in the Company IP, except where the failure to take such actions would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.

  • Severability and Enforceability If any court of competent jurisdiction declares any provision of this Agreement invalid, void or unenforceable in whole or in part, for any reason, it shall be deemed not to affect or impair the validity of the remainder of this Agreement, which shall remain in full force and effect. To the extent that any court of competent jurisdiction concludes that any provision of this Agreement is void or voidable, the court shall reform such provision(s) to render the provision(s) enforceable, but only to the extent absolutely necessary to render the provision(s) enforceable.

  • Partial Enforceability If any provision of this Agreement, or the application of such provision to any Person or circumstance, shall be held invalid, the remainder of this Agreement, or the application of such provision to persons or circumstances other than those to which it is held invalid, shall not be affected thereby.

  • Enforceability; Severability If any provision of this Agreement shall be invalid or unenforceable, in whole or in part, such provision shall be deemed to be modified or restricted to the extent and in the manner necessary to render the same valid and enforceable, or shall be deemed excised from this Agreement, as the case may require, and this Agreement shall be construed and enforced to the maximum extent permitted by law as if such provision had been originally incorporated herein as so modified or restricted, or as if such provision had not been originally incorporated herein, as the case may be.

  • Partial Unenforceability The invalidity or unenforceability of any Section, paragraph or provision of this Agreement shall not affect the validity or enforceability of any other Section, paragraph or provision hereof. If any Section, paragraph or provision of this Agreement is for any reason determined to be invalid or unenforceable, there shall be deemed to be made such minor changes (and only such minor changes) as are necessary to make it valid and enforceable.

  • Execution and Enforceability This Agreement has been duly executed and delivered by the Assuming Institution and when this Agreement has been duly authorized, executed and delivered by the Corporation and the Receiver, this Agreement will constitute the legal, valid and binding obligation of the Assuming Institution, enforceable in accordance with its terms.

  • Invalidity and Severability If any provision of this Agreement shall be found by any court or administrative body of competent jurisdiction to be invalid or unenforceable the invalidity or unenforceability of such provision shall not affect the other provisions of this Agreement and all provisions not affected by such invalidity or unenforceability shall remain in full force and effect. The parties hereby agree to attempt to substitute for any invalid or unenforceable provision a valid or enforceable provision which achieves to the greatest extent possible the economic legal and commercial objectives of the invalid or unenforceable provision.

  • Invalidity Any provision of this Agreement which may be determined by competent authority to be prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. In such case, the parties shall in good faith modify or substitute such provision consistent with the original intent of the parties.

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