PROVISO. EACH OF THE DISCLAIMERS, LIMITATIONS AND EXCLUSIONS CONTAINED IN THE ABOVE PARAGRAPHS HEADED “DISCLAIMER OF WARRANTIES”, “LIMITATION OF LIABILITY” AND “EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES” APPLY TO THE MAXIMUM EXTENT PERMITTED BY LAW.
PROVISO. It is agreed that these covenants do not prevent Executive from using and offering the general management or other skills that he possessed prior to receiving access to Confidential Information and knowledge from the Company. This Agreement creates an advance approval process, and nothing herein is intended, or will be construed as, a general restriction against Executive’s pursuit of lawful employment in violation of any controlling state or federal laws. Executive is permitted to engage in activities that would otherwise be prohibited by this covenant if such activities are determined in the sole discretion of the Board of the Company, and authorized in writing, to be of no material threat to the legitimate business interests of the Company.
PROVISO. 3. PROVIDED ALWAYS and it is agreed as follows that:-
PROVISO. (e) The provisions of this Section 13.12 are conditional upon allowance by tax authorities under Canadian or Provincial law of any and all cost to the company pursuant hereto, failing which this Section 13.12 shall be null and void. SPECIAL LAYOFF & RECALL
PROVISO. The Company shall not be obligated to effect, or to take any action to effect, any such registration pursuant to this Section 1:
PROVISO. Notwithstanding Section 2.1 and any other provisions of this Agreement, to the extent that any of the Municipal Guidelines are inconsistent with the terms of this Agreement, the Company shall not be required to comply with such Municipal Guidelines.
PROVISO. The covenants contained in this Clause and the security created by this Deed shall not extend to or include any liability or sum which would otherwise cause any such covenant or security to be unlawful or prohibited by any applicable law.
PROVISO. It is hereby agreed that the Borrower's obligations under this Clause 13 to provide or furnish the Agent with any information regarding the Initial Charterer shall cease upon termination of the Initial Charter.
PROVISO. (i) It is hereby agreed that each of the events set out in Clause 16.1(i), (vi), (vii), (viii), (ix), (xiii) and (xiv) shall not be an Event of Default if it occurs in relation to the Initial Charterer after the termination of the Initial Charter as a result of the obligations thereunder having been fully performed by the Initial Charterer in accordance with the terms specified therein; and
