Interim Arrangement definition
Examples of Interim Arrangement in a sentence
The term of the Interim Arrangement shall not exceed one hundred eighty (180) days, such that the Interim Arrangement shall terminate on or before the date that is one hundred eighty (180) days after the Closing Date.
It was identified that an increased 5 year Interim Arrangement Agreement would facilitate and help effectively deliver the new long term strategic procurement and essential maintenance works.
In addition, Section 14.3(f) of this Agreement shall apply in lieu of Section 20(a) of Attachment B to the Interim Arrangement, which is hereby deleted.
The five year Interim Arrangement Agreement will also allow the City Council to respond to Governments 25 year plan for Waste.
This Agreement does not supersede the Interim Arrangement, and the terms and conditions of the Interim Arrangement shall continue to govern services performed thereunder, except that the terms and conditions of this Agreement relating to (i) intellectual property ownership, (ii) Recovery Services fees, and (iii) limitations on liability for the Recovery Services shall supersede such terms and conditions of the Interim Arrangement.
You agree by acknowledging this letter that (a) the Arrangement Fees, to the extent payable at that time, may be deducted by the Facility Agent for payment to us from the proceeds of first utilisation of the Facilities and (b) the Interim Arrangement Fees, to the extent payable at that time, may be deducted by the Interim Facility Agent for payment to us from the proceeds of first utilisation of the Interim Facilities.
During negotiations undertaken with the current provider and our technical experts it was concluded that it is not possible for all of these Essential Works to be completed within the timeframe that the approved 2 year Interim Arrangement Agreement allows.
This lead to a review of detailed options for an Interim Arrangement Agreement.
The Officer’s employment may be terminated at any time without further liability on the part of the Company effective immediately by a two-thirds vote of the Board of Directors of the Company for Cause by written notice to the Officer setting forth in reasonable detail the nature of such Cause.
Notwithstanding the foregoing, in the event Purchaser is unable to obtain such consent, waiver, confirmation or other approval within one hundred eighty (180) days from the Closing Date, on terms and conditions reasonably satisfactory to Purchaser, Purchaser can elect to terminate any such Interim Arrangement with ten (10) days prior written notice, whereupon such corresponding Asset shall thereafter be an Excluded Asset and any corresponding Liability or obligation shall become an Excluded Liability.