Acceptable Alternative definition
Examples of Acceptable Alternative in a sentence
Notwithstanding anything herein to the contrary, no Partial Assignment of any Shared Contract or Acceptable Alternative Arrangement shall be completed if it would violate any applicable Law or the rights of any third party to such Shared Contract.
Such Acceptable Alternative Arrangements may include a subcontracting, sublicensing or subleasing arrangement under which NCR or ATMCo, as applicable, and their applicable Subsidiaries would, in compliance with Law, obtain the benefits under, and assume the Liabilities associated with, such Shared Contract solely to the extent related to their respective Business (or applicable portion thereof) and in accordance with the terms of this Agreement or any Ancillary Agreement.
Each of Buyer, Seller, Primestar and PLP shall take all commercially reasonable steps necessary, and shall supply to the other such parties and/or to the FCC all information reasonably necessary, to obtain such Final Order, and shall use its commercially reasonable efforts, including the implementation of an Acceptable Alternative Arrangement, to effect to the fullest extent feasible the consummation of the transactions contemplated in this Agreement.
In the event that the parties are unable to enter into such an Acceptable Alternative Arrangement, each party agrees to use its commercially reasonable efforts to unwind this Agreement to the extent necessary to place each party in the position that it was in before the Subsequent Closing Date.
CDC § 719.D(3) shall specify that for Variances for applications which include properties zoned BRTZ, in addition to Unnecessary Hardship, Practical Difficulty, and Acceptable Alternative, the criteria for approval includes: The proposed variation is necessary to achieve the affordability and/or attainability goals of the proposed development.
If an Acceptable Alternative Arrangement is entered into on or prior to December 31, 1999, each of the parties hereto shall continue to use their commercially reasonable efforts to obtain the FCC Consent.
Notwithstanding the immediately preceding sentence, however, the Employee (i) shall not be obligated to provide any particular number of hours of assistance and (ii) shall be entitled to seek and accept other employment that is not in violation of Section 5 of this Agreement ("Acceptable Alternative Employment").
Prior to the earlier of the Closing or the termination of this Agreement in accordance with its terms, Purchaser shall use its reasonable best efforts (i) to consummate the financing transactions contemplated by the Commitment Letter or (ii) to obtain Acceptable Alternative Financing.
If the Employee accepts any Acceptable Alternative Employment, this will have no effect on the Employee's right to compensation pursuant to Section 2 of this Agreement.
Thereafter, at the closing of the transactions contemplated hereby and thereby, the Purchase Price will be paid by Buyer to Seller, after giving effect to any reductions in the amount thereof for all payments made to Seller under such Acceptable Alternative Arrangement.