Mutual Rights and Obligations of the Parties Sample Clauses

Mutual Rights and Obligations of the Parties. 5.1 Each Party reserves the right and authority to amend the conditions or requirements for admission, acceptance, retention and eligibility to receive the academic degree in their respective programs that are the subject of this Agreement, at any time as may be necessary in the interests of the institution or the program, and in such event shall promptly give notice thereof to the other Party.
AutoNDA by SimpleDocs
Mutual Rights and Obligations of the Parties. 4.1 The Service Provider agrees to provide the service described above on a 24/7 basis. If the Service Provider fails to meet the quality of service (annual availability, repair time) determined in this Agreement, it will be liable to pay a penalty (or prepare a crediting invoice) to the Subscriber under subsequent terms and conditions. The subscriber will not have the right to terminate the contract due to insufficiency as long as the annual availability rate of the service remains above 99.5%. The Service Provider shall not be liable to pay any penalty or credit to the Subscriber as long as the Subscriber delays its payment obligations. If 99.5% accessibility cannot be achieved within the contract period, due to the following situations;

Related to Mutual Rights and Obligations of the Parties

  • Survival of rights and obligations The provisions relating to Access Rights and Confidentiality, for the time period mentioned therein, as well as for Liability, Applicable law and Settlement of disputes shall survive the expiration or termination of this Consortium Agreement. Termination shall not affect any rights or obligations of a Party leaving the Consortium incurred prior to the date of termination, unless otherwise agreed between the General Assembly and the leaving Party. This includes the obligation to provide all input, deliverables and documents for the period of its participation.

  • Rights and Obligations Except as expressly set forth in this Agreement, no Member, in its capacity as a Member, will have any right, power or authority to transact any business in the name of the Series, participate in the management of the Series or to act for or on behalf of or to bind the Series. A Member will have no rights other than those specifically provided herein or granted by law. Except as required by the Act, no Member, solely by reason of being a member, shall be liable for the debts, liabilities, obligations or expenses of the Series.

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