Challenges to Transaction Sample Clauses

Challenges to Transaction. In the event any proceeding is filed that contests, directly or indirectly, the validity of this Agreement, including any of the Contract Documents, whether pursuant to Code of Civil Procedure section 860, et. seq., or any other regulation, statute, ordinance, or law (hereinafter referred to as a "Reverse Validation Action"), the Contractor’s rights and obligations under this Agreement and any of its part may be immediately suspended and/or terminated for convenience, at District or Contractor's option. If either party elects to terminate for convenience, Contractor’s compensation shall be in accordance with the Termination for Convenience provisions in the Contract Documents.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Challenges to Transaction. Notwithstanding any provision in the Site Lease, Facilities Lease, or any other Contract Document with District, Contractor’s actual construction Work, and the Work or calendar days allowed for completion, shall not commence until at least ninety days (90) days following the authorized vote of the Owner's governing board to approve and enter into this Agreement with Contractor. Nothing herein will prevent Contractor from performing preconstruction Work prior to the expiration of the 90 day period. In the event any proceeding is filed that contests, directly or indirectly, the validity of this Agreement, including any of the Contract Documents, whether pursuant to Code of Civil Procedure section 860, et. seq., or any other regulation, statute, ordinance, or law (hereinafter referred to as a "Reverse Validation Action"), Contractor's rights and obligations under this Agreement and any of its part may be immediately suspended and/ or terminated for convenience, at District or Contractor's option. If either party elects to terminate for convenience, Contractor’s compensation shall be in accordance with the Termination for Convenience provisions in the Contract Documents.
Sample 1
Challenges to Transaction. In the event any proceeding is filed that contests, directly or indirectly, the validity of this Agreement, including any of the Contract Documents, whether pursuant to Code of Civil Procedure section 860, et. seq., or any other regulation, statute, ordinance, or law (hereinafter referred to as a "Reverse Validation Action"), the &RQWUDriFghWtsRanUd¶obVligations under this Agreement and any of its part may be immediately suspended and/or terminated for convenience, at District or Contractor's option. If HLWKHU SDUW\ HOHFWV WR WHUPLQDWH IRU FRQYHQLHQ accordance with the Termination for Convenience provisions in the Contract Documents.
Sample 1

Related to Challenges to Transaction

  • PERMITTED TRANSACTIONS The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.

  • Title the announcement Note: How and where the RFP is announced are at the Board’s sole discretion. The Board may want to announce the RFP during an open meeting, post it on the District’s website, mail or email it to local law firms, and/or place it in the local newspaper(s) or other legal publications. A directory of those lawyers belonging to the ICSA is on the IASB website, xxx.xxxx.xxx. A printed copy is available upon request. Inclusion in the directory does not represent an IASB endorsement. Some attorneys who practice school law do not belong to ICSA. Other online sources, such as the Ill. State Bar Association, also maintain directories of information about attorneys. The Board may want to title the announcement “The [Insert District’s name] Board of Education Requests Proposals to Provide Legal Services.”

Time is Money Join Law Insider Premium to draft better contracts faster.