ARSA definition
Examples of ARSA in a sentence
The maximum resource indicated in the ARSA schedule is reflective of local weather events specific to that location.
Captions of sections in this ARSA do not limit the terms of those sections.
If any one or more of the phrases, sentences, clauses, paragraphs, or sections contained in this ARSA are invalid, or operate to render this ARSA invalid, then this ARSA shall be construed as if the invalid phrase or phrases, sentence or sentences, clause or clauses, paragraph or paragraphs, or section or sections had not been inserted.
R▇▇▇▇▇ may, without foreclosing on the Collateral, collect and otherwise enforce on the Collateral or any proceeds of any Collateral all amounts owing under the Loan Documents (and/or under any Note or Security Instrument issued pursuant to the Loan Documents) or otherwise enforce any or all of the NGC Parties’ or R▇▇▇▇▇̓ rights under the Loan Documents or in any of the Collateral and apply those collections as provided in this ARSA, or she may foreclose on the Collateral.
With respect to the Original Material identified in items 9 and 10 set forth on Appendix C (i.e., the Original Material included in Portfolio ARSA), Cornell agrees not to license such Original Material to any third party for commercial purposes during the Royalty Term.
The invalidity of any one or more phrases, sentences, clauses, paragraphs, or sections of this ARSA shall not affect the remaining portions of this ARSA.
R▇▇▇▇▇ is not liable for her failure to use due diligence in the collection of the Obligations, or for her failure to give notice to NGC of default in the payment of the Obligations, or in the payment of or upon any security, whether pledged under this ARSA or otherwise, nor for a decline in the market value of the Collateral.
R▇▇▇▇▇ is required to execute this Power of Attorney only for purposes proper under this ARSA, the Loan Documents, and any Notes executed pursuant to this ARSA for her benefit and she shall owe no other duty as agent when exercising these powers.
Any document purporting to amend or modify this ARSA shall be of no force or effect unless the document expressly states that it is intended to amend or modify the ARSA and it is signed by R▇▇▇▇▇ and the respective NGC Party(ies) intended to be bound by the modification.
The NGC Parties all agree to execute all other documents and instruments reasonably requested by R▇▇▇▇▇ or her attorney to effectuate the intent of this ARSA upon written request by R▇▇▇▇▇ or her attorney after the date of this ARSA.