break clause definition

break clause means a provision of a lease that gives a person a right to terminate it so that its term is shorter than it otherwise would be, and
break clause. Break Clause (Conditions 26A1 – 26A3) apply and the notice period is 2 hours instead of 10 Working School Days. Pricing information: The prices set out above apply. The Call-Off Contract Price is required to be shown as each trip. If a passenger assistant is required this cost must be shown separately to the vehicle cost. For the avoidance of doubt, Schedule 6 (Finance Schedule for Call-Off Contracts) applies with the following modifications: The Council shall give the Service Provider at least two (2) hours’ notice of cancellation of a route on particular days and the Service Provider shall not be entitled to be paid in respect of the route so cancelled (notwithstanding paragraph 2.14 of Schedule 6 of the DPS Agreement). Such notice may be provided solely by email notwithstanding Condition 25 of the DPS Agreement. This provision supersedes paragraph 2.13 of Schedule 6 of the DPS Agreement.]
break clause means a clause in a licence, other than a clause relating to continuation of the licence beyond its initially agreed or any subsequent term, which provides that, in the event of failure by the licensee on or before a date specified in that clause to take specified action or to undertake to complete specified work, the licence shall cease and determine;

More Definitions of break clause

break clause is a clause in the Tenancy agreement which enable either the Landlord or Tenant (or both) to end the Tenancy early.
break clause means the mechanism under which a WCA is entitled to terminate parts of this IAA, as described under clause 7.7 or 7.9;
break clause means a provision of a lease that gives a person 20

Related to break clause

  • Due-on-sale clause The clause in a Security Instrument requiring the payment of the Unpaid Principal Balance of the related Mortgage Loan upon the sale of, or the transfer of an interest in, the related Mortgaged Property.

  • Additional Clauses means the additional Clauses in Call Off Schedule 14 (Alternative and/or Additional Clauses) and any other additional Clauses set out in the Call Off Order Form or elsewhere in this Call Off Contract;

  • Deemer clause means a provision under this title under which upon the

  • Model Clauses means the Standard Contractual Clauses for Processors as approved by the European Commission in the form set out in Annex C.

  • EU Model Clauses means the (Standard Contractual Clauses (processors)) or any subsequent version thereof published by the European Commission (which will automatically apply). The Standard Contractual Clauses current as of the effective date of the Agreement are attached hereto as Appendix 4.

  • Loss Payable Clauses means the provisions regulating the manner of payment of sums receivable under the Insurances which are to be incorporated in the relevant insurance document, such Loss Payable Clauses to be in the forms set out in paragraph 4 of this Schedule, or such other form as the Bank may from time to time agree in writing;

  • Alternative Clauses means the alternative Clauses in Call Off Schedule 14 (Alternative and/or Additional Clauses) and any other alternative Clauses set out in the Call Off Order Form or elsewhere in this Call Off Contract;

  • Relevant Provisions means those provisions of any authorisation or decision except for the enforcement provisions of any authorisation or decision (which shall be governed by these clauses).

  • Master Definitions Schedule means the amended and restated schedule of definitions relating to the Programme originally dated the Programme Effective Date and as most recently amended and restated on 18 December 2020 (as further amended, supplemented and/or replaced from time to time).

  • Part III means Tariff, Part III, sections 28 through 35 pertaining to Network Integration Transmission Service in conjunction with the applicable Common Service Provisions of Tariff, Part I and appropriate Schedules and Attachments. Part IV:

  • Loan Terms means and refers collectively to (a) all the terms and conditions set out in the Application Form, (b) these General Terms and Conditions, and (d) all terms and conditions specified in the other Loan Documents.

  • Clause means a clause of this Agreement;

  • Relevant Page means the relevant page on Bloomberg or such other information service provider that displays the relevant information.

  • Annexure F means, if applicable to the Product or the subject matter of this Agreement and read conjunctively with the Contractor’s obligations in terms of the Consumer Protection Act, the express warranties provided by the Contractor in relation to the Product.

  • Standard Contractual Clauses means the agreement executed by and between Customer and Okta and included herein, pursuant to the European Commission’s decision (C(2010)593) of 5 February 2010 on Standard Contractual Clauses for the transfer of personal data to processors established in third countries which do not ensure an adequate level of data protection.

  • FBF Definitions means the definitions set out in the 2007 FBF Master Agreement relating to transactions on forward financial instruments as supplemented by the Technical Schedules (Additifs Techniques) as published by the Fédération Bancaire Française (together the "FBF Master Agreement"), unless otherwise specified in the relevant Final Terms.

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the relevant Standard applicable to such Reference Entity or, if no such amount is specified, U.S.$10,000,000 or its equivalent in the relevant Obligation Currency, in either case as of the occurrence of the Credit Event.

  • Request regarding a list of collateral means a record authenticated by a debtor requesting that the recipient approve or correct a list of what the debtor believes to be the collateral securing an obligation and reasonably identifying the transaction or relationship that is the subject of the request.

  • relevant provision means a provision in any subordinate legislation made under the Act or made, in connection with the Act or such provision, under any other enactment;

  • Special Conditions means those conditions, if any, set forth in Section 13 of the Loan Authorization Agreement.

  • Description of Notes means the section titled “Description of the Notes” in the Offering Memorandum, dated October 10, 2014, related to the issuance and sale of the Initial Notes.

  • Annexure means the section in the RFT detailing the specific requirements applicable to the Conditions of Tendering and Contract.

  • Prepayment Charge Schedule As of any date, the list of Prepayment Charges included in the Trust Fund on such date, attached hereto as Schedule 2 (including the prepayment charge summary attached thereto). The Prepayment Charge Schedule shall set forth the following information with respect to each Prepayment Charge:

  • General Conditions means the “International Bank for Reconstruction and Development General Conditions for Loans”, dated July 1, 2005 (as amended through February 12, 2008) with the modifications set forth in Section II of this Appendix.

  • Definition means the interpretation given by any written law to a word or expression;

  • Part 2 means Part 2 of the withdrawal agreement or (as the case may be) Part 2 of the EEA EFTA separation agreement, so far as the Part in question applies to and in the United Kingdom;