Clause 5 definition

Clause 5. If Party B transfers the premise to others for use with prior consent of Party A, Party A has the right to terminate the agreement and forces Party A to cease the transfer. Party B shall compensate 1% of the rent on a daily basis to Party A.
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Clause 5. Section 12A inserted
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Clause 5. The awsosorondass re”asonably practicable” are inserted in the first se after tmhuest´ word “
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Examples of Clause 5 in a sentence

  • In such a case the data exporter shall be entitled to take the measures foreseen in Clause 5 (b).

  • Should the Sellers fail to give Notice of Readiness in accordance with Clause 5 a) or fail to be ready to validly complete a legal transfer by the date stipulated in line 61 the Buyers shall have the option of cancelling this Agreement provided always that the Sellers shall be granted a maximum of 3 banking days after Notice of Readiness has been given to make arrangements for the documentation set out in Clause 8.

  • The Parties shall first seek to resolve the Dispute by escalation in accordance with the management levels as set out in Clause 5 of the Key Provisions.

  • The Client also acknowledges that the impact of any failure by the Client to perform its obligations set out herein on the provision of the Services by Intertek will not affect the Client’s obligations under this Agreement for payment of the Charges pursuant to Clause 5 below.

  • Without prejudice to the generality of Clause 5 (Beneficiary’s protections), the Guarantor expressly confirms that it intends that this Deed of Guarantee shall extend from time to time to any (however fundamental) variation, increase, extension or addition of or to the Guaranteed Agreement and any associated fees, costs and/or expenses.

  • Although Clause 5 of the Approved EU SCCs sets out that the Approved EU SCCs prevail over all related agreements between the parties, the parties agree that, for Restricted Transfers, the hierarchy in Section 10 will prevail.

  • Respective representatives at each level, as set out in Clause 5 of the Key Provisions, shall have five (5) Business Days at each level during which they will use their reasonable endeavours to resolve the Dispute before escalating the matter to the next level until all levels have been exhausted.

  • The Council shall appoint from amongst its members a Chair and Vice Chair who shall retire in the same manner as provided for members in Clause 5.

  • All honorary officers shall retire in the same manner as is provided for members in Clause 5 and shall be eligible for re-appointment.

  • If any Reference Bank fails to supply a quotation, the Agent shall determine the relevant LIBOR on the basis of the quotations supplied by the other Reference Bank or Banks; but if 2 or more of the Reference Banks fail to provide a quotation, the relevant rate of interest shall be set in accordance with the following provisions of this Clause 5.


More Definitions of Clause 5

Clause 5. If the contractor shall be hindered in the supply of materials as to necessitate an extension of the time allowed in the tender and schedules he shall apply in writing to the officer in charge of the work, who shall it in writing with the sanction of the competent authority on reasonable ground being shown for it. In the absence of such written authority of the Executive or Assistant Engineer, the contractor shall have no claim to exemption from the leviable under clause-2.
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Clause 5. No hindrance or nuisance by tenant
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Clause 5. ANNUAL VACATIONS (Cont’d)
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Related to Clause 5

  • Take-Down Notice shall have the meaning set forth in Section 4(c) hereof.

  • Notice of Readiness means a valid notice of readiness served by the owner of the Nominated Vessel pursuant to the Vessel Charter party stating, amongst other things, that the Nominated Vessel is ready to load in all respects (including physically and legally).

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • Accession Deed means a document substantially in the form set out in Schedule 6 (Form of Accession Deed).

  • Notice Delivery Period means the period from and including the Trade Date to and including the date that is fourteen calendar days after the Extension Date.