Clause 3 definition

Clause 3. In any case in which under any clause or clauses of this contracts the contractor shall have rendered himself liable to pay compensation amounting to the whole of his security deposit (whether paid in one sum or deducted by installments) or in the case of abandonment of the work owing to serious illness or death of the contractor or any other cause, the Executive Engineer on behalf of the Governor of Maharashtra shall have power to adopt any of the following courses as he may deem best suited to the interest of Government.
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Clause 3. Third-party beneficiary clause
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Clause 3. The creating and the limits of the “Collectivités territoriales” (Regions, Departments, Municipalities) and those of the Arrondissements are settled by the law on proposal of the special committee where the representatives of the CRA will be members. This law will also determine the fundamental principals of their free administration, their names, their competences and their resources.
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Examples of Clause 3 in a sentence

  • Should the Purchase Price not be paid in accordance with Clause 3, the Sellers have the right to cancel the Agreement, in which case the deposit together with interest earned shall be released to the Sellers.

  • Following the termination of any Transaction in whole or in part pursuant to Clause 3 or by reason of the occurrence of the Scheduled Termination Date (other than in connection with a Repayment), the Final Price for the relevant Terminated Obligation will be determined in accordance with this Clause 4.

  • Should the Purchase Price not be paid in accordance with Clause 3 (Payment), the Sellers have the right to cancel this Agreement, in which case the Deposit together with interest earned, if any, shall be released to the Sellers.

  • For the avoidance of doubt, if an Event of Default specified in Clause (3) or (4) shall occur and be continuing, the principal of the Securities of this series may not be declared due and payable.

  • Clause 3 of the Agreement Among Managers shall be deleted in its entirety and replaced with Section 10 of this Agreement.

  • The parties agree that any data subject, who has suffered damage as a result of any breach of the obligations referred to in Clause 3 or in Clause 11 by any party or subprocessor is entitled to receive compensation from the data exporter for the damage suffered.

  • Notwithstanding anything else in this Current Issuer Deed of Charge, it is hereby agreed that dispositions of property effected in or pursuant to this Clause 3 (Current Issuer Security) do not transfer obligations, and nothing herein shall be construed as a transfer of obligations to, the Note Trustee.

  • Each of the dispositions of, assignments of and charges over property effected in or pursuant to this Clause 3 (Current Issuer Security) is made with full title guarantee.

  • Clause 3 of the Agreement Among Managers shall be deleted in its entirety and replaced with Section 11 of this Agreement.

  • As applicable to the Underwriters, Clause 3 of the ICMA Agreement Among Managers Version 1/New York Schedule shall be deemed to be deleted in its entirety and replaced with Section 9 of this Agreement.


More Definitions of Clause 3

Clause 3. In every case in which the delay mentioned in clause 2 shall continue for 365 consecutive days, the officer competent to dispose of the tender shall have power either to annual the contract altogether or to get the materials conveyed without further notice at the contractor’s risk and expense, as he may deem necessary in the interest of the MIDC and the contractor shall have no claim to compensation for any loss that the may thus incur on account of the action of the said officer. No claim to compensation for loss thus sustained. Clause-4 : If, at any time after the execution of the contract documents the Executive Engineer or his Assistant shall, for any reason whatever, not require the whole or any part of the work as specified in the tender to be carried out, the Executive Engineer or his Assistant shall give notice in writing of the fact to the contractor (s) who shall thereupon have no claim to any payment of compensation whatsoever on account of any profit or advantage which he/they might have desired from the execution of the work in full but which he/they did not derive in consequence of the amount of the work not having been so carried out.
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Clause 3. Parties Bound 3.1 This Agreement is binding on the Port Pirie Regional Council the Australian Workers Union (AWU South Australian Branch) and (Amalgamated AWU (SA) State Union) and all Employees of the Port Pirie Regional Council who perform work under the classification of the Local Government Employees Award.
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Clause 3. The sale and purchase price The parties agree that the leasehold right over the Unit is to be purchased and sold at a price of ………..Baht (THB ……………………………………………..) to be deposited to the Seller’s bank account as stated in Appendix A according to the Terms and Conditions for reservation/purchase in Appendix B. The parties agree on the following payment terms: • A non-refundable deposit of Fifty Thousand Baht (THB 50,000.-) to be paid upon booking the Unit and signing the Agreement. This will be deducted from the total purchase price, specifically from the last installment payment. • Full amount of the total purchase price minus deposit equal to Baht (THB ) is to be paid within 30 days of booking the Unit. This date of ,- falls on the The leasehold price above does not include payment of the sinking fund and any common area charge which must be paid by the Buyer after the completion of the building in accordance with Clause 6. Clause 4: Construction period The construction period of the building of which the Unit is a part of it set from February 2020 – January 2021, with an additional 6 months for the furnishing and decoration (“The Construction Period”). The anticipated opening date is August 2021 The construction period is set under the following regulations:
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Clause 3. If Party B is willing to switch the leased space with a third party, it should get a prior consent from Party A; Party A shall support Party B's reasonable request.
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Clause 3. If Party B is delinquent is rental payment, it agrees to pay 1% of the rental amount on a daily basis to Party A in addition to the owed rental payment.
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Related to Clause 3

  • Paragraph 3 The use of new instructional materials and classroom presentations that may involve controversial issues should be planned by the individual teacher and discussed with the department chairman and the building principal before they are initiated in the classroom.

  • Clause means a clause of this Agreement;

  • Paragraph 4 The teacher, not the Board, has the responsibility to initiate a change or the termination of the purchase of tax-deferred annuities in accordance with established Board policies.

  • Subparagraph means a portion of this Consent Decree identified by a lower case letter or an arabic numeral in parentheses.

  • Paragraph 5 Any individual(s) within a specified group who is on or has re- quested an extended leave or sabbatical shall be eligible for selection for layoff under the conditions set forth herein.

  • Section 2 Nonresident BIDDER" means a BIDDERS whose principal place of business is not in this state, but excludes a contractor whose ultimate parent company or majority owner has its principal place of business in this state.

  • Schedule 2 means Schedule 2 of this Licence unless otherwise stated;

  • Paragraph means a portion of this Decree identified by an Arabic numeral;

  • Paragraph 2 A committee of teachers representing all buildings and curriculum areas and working in cooperation with the district leadership team shall be formed prior to the end of the school each year to plan the in-service activities for the next school year.

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Clauses means these contractual clauses, which are a free-standing document that does not incorporate commercial business terms established by the parties under separate commercial arrangements. The details of the transfer (as well as the personal data covered) are specified in Annex B, which forms an integral part of the clauses.

  • Delivery Charge means the total amount charged to the Authorized User for shipment of the Vehicle(s) from the Delivery Origin to the location(s) designated by the Authorized User on Form A: Mini-Bid Request, and on the Purchase Order.

  • Schedule 3 means Schedule 3 to ITEPA;

  • Model Clauses means the standard contractual clauses annexed to the EU Commission Decision 2010/87/EU of 5 February 2010 for the transfer of Personal Data to Processors established in third countries under the EU Directives and any amendment, replacement or renewal thereof by the European Commission.

  • Additional Clauses means the additional Clauses in Call Off Schedule 14 (Alternative and/or Additional Clauses) and any other additional Clauses set out in the Call Off Order Form or elsewhere in this Call Off Contract;

  • Annex I means Annex I to Directive 2008/98/EC of the European Parliament and of the Council on waste.

  • Loss Payable Clauses means the provisions regulating the manner of payment of sums receivable under the Insurances which are to be incorporated in the relevant insurance document, such Loss Payable Clauses to be in the forms set out in paragraph 4 of this Schedule, or such other form as the Bank may from time to time agree in writing;

  • Deed of Charge means the English law deed of charge that may be entered into between the Guarantor and the Representative of the Covered Bondholders (acting on behalf of the Covered Bondholders and the Other Creditors);

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

  • Section 1 Purchase Option" Section 2.6(a)(i) "Purchase Option Issuance Date" Section 1 "Purchase Option Exercise Price" Section 1 "Purchase Option Exercise Date" Section 1 "Purchase Option Notice" Section 2.6(a)(ii) "Purchase Option Share Amount" Section 1 "Qualified Daily Trading Limit" Section 1 "Registered" Section 1 "Registrable Securities" Section 1 "Registration Statement" Section 1 "Releases" Section 5.13 "SEC" Section 1 "SEC Documents" Section 5.8 "SEC Filings" Section 1 "Securities Act" Recitals "Selling Period" Section 1 "Selling Period Obligation" Section 1 "Settlement" Section 1 "Settlement Date" Section 1 "Subsidiary" Section 5.3 "Suit" Section 5.18(c) "Tax Return" Section 1 "Taxes" Section 1 "Trading Day" Section 1 "Transfer Agent" Section 1 "Underwriter" Preamble "Underwriter's Clearing Broker" Section 1 "Underwriting Price" Section 1 "Underwriter Sales Notice" Section 2.3(b) "Violations" Section 9.1(a) "VWAP" Section 1 "WARN" Section 5.11 COMMON STOCK UNDERWRITING AGREEMENT ----------------------------------- COMMON STOCK UNDERWRITING AGREEMENT dated as of January 4, 2001 (the "Agreement"), between Ramius Securities, LLC, a limited liability company organized and existing under the laws of the State of Delaware (the "Underwriter"), and Onyx Software Corporation, a corporation organized and existing under the laws of the State of Washington (the "Company").

  • Monthly Recurring Charge or “MRC” shall mean the monthly recurring charges for the Service as set out in the Customer Order Form or COF;

  • Section 3 means Section 3 of the Housing and Urban Development Act of 1968.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Subsection means subsection of the section in which the term is used;

  • Section 504 means section 504 of the Act.

  • Section 1110 means Section 1110 of the Bankruptcy Code.