Validity of demands Sample Clauses

Validity of demands. A demand under this Guarantee shall be valid notwithstanding that it is served:
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Validity of demands. Any person dealing with the Security Trustee or any Receiver shall not be concerned to see or enquire as to the validity of any demand made by the Security Trustee or any Receiver under this Deed.
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Validity of demands. A demand under this Guarantee shall be valid notwithstanding that it is served: (a) on the date on which the amount to which it relates is payable by the Borrowers under the Loan Agreement; (b) at the same time as the service of a notice under clause 19.2 (events of default) of the Loan Agreement, and a demand under this Guarantee may refer to all amounts payable under or in connection with the Loan Agreement without specifying a particular sum or aggregate sum.
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Validity of demands. A demand under this Guarantee shall be valid notwithstanding that it is served: (a) on the date on which the amount to which it relates is payable by the relevant Person (other than the Approved Manager) under the Leasing Document to which it is a party; (b) at the same time as the service of a notice under clause 44 of the Bareboat Charter; and a demand under this Guarantee may refer to all amounts payable under or in connection with the Bareboat Charter or other Leasing Document without specifying a particular sum or aggregate sum.
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Validity of demands. (a) The Owner may serve more than one demand under this Guarantee.
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Related to Validity of demands

  • Validity of Agreement The Company shall be precluded from asserting in any Proceeding, including, without limitation, an action under Section 12 (a) above, that the provisions of this Agreement are not valid, binding and enforceable or that there is insufficient consideration for this Agreement and shall stipulate in court that the Company is bound by all the provisions of this Agreement.

  • Validity of Provisions In the event that a court of competent jurisdiction shall hold any Section, or any part or portion of any Section of this Agreement, invalid, void or otherwise unenforceable, each and every remaining Section or part or portion thereof shall remain in full force and effect.

  • Validity of the Agreement This Agreement constitutes the legal, valid and binding agreement of Buyer enforceable against Buyer in accordance with its terms.

  • VALIDITY OF RECEIPT This Receipt shall not be entitled to any benefits under the Deposit Agreement or be valid or obligatory for any purpose, unless this Receipt shall have been (i) executed by the Depositary by the manual signature of a duly authorized officer of the Depositary or (ii) executed by the facsimile signature of a duly authorized officer of the Depositary and countersigned by the manual signature of a duly authorized signatory of the Depositary or the Registrar or a co-registrar.

  • VALIDITY OF OBLIGATIONS The execution and delivery of this Agreement by the Company and the performance of the transactions contemplated herein have been duly and validly authorized by the Board of Directors of the Company and this Agreement has been duly and validly authorized by all necessary corporate action and is a legal, valid and binding obligation of the Company.

  • Validity of Tenders 2.15.1 Tenders shall remain valid for 120 days or as specified in the Invitation to Tender after the date of tender opening prescribed by the Procuring entity, pursuant to paragraph 2.18. A tender valid for a shorter period shall be rejected by the Procuring entity as non responsive.

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