CLAUSE FIFTEEN definition

CLAUSE FIFTEEN. This agreement shall be governed by the conditions agreed herein and the respective Attachments, which are an integral part of the agreement and, to complement the same, by the laws governing similar business relations to those referred to in this instrument in the State of New York, United States of America. Notwithstanding other provisions in this instrument, during the term of same, this instrument herein as well as its attachments may be modified by agreement between the parties. Any modification to this agreement or to its attachments whatsoever shall be made in writing and signed by both parties. The parties shall be able to periodically review this agreement and its attachments with the purpose of improving, simplifying, regulating and adapting its provisions.
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CLAUSE FIFTEEN. ADMINISTRATION CLAUSE. Administration of the contract shall be carried out by the International Trade Management.
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CLAUSE FIFTEEN. Partial invalidity: The invalidity or illegality declared by competent authority of any of the stipulations of this agreement will not affect the validity, legality and enforceability of the remaining stipulations that may be separated from those declared null and void. CLAUSE SIXTEEN: Applicable law: The parties are subject to the laws of the Republic of Guatemala for the interpretation of this Share Transfer and Endorsement Contract.
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Examples of CLAUSE FIFTEEN in a sentence

  • CLAUSE FIFTEEN – TERMS OF PAYMENT – The principal amount shall be repaid in seventy-two (72) monthly and consecutive installments, the first one maturing on July 28, 2006 and the last one on June 28, 2012; [sic]the Notary waived the presence of witnesses, as allowed by Art.

  • CLAUSE FIFTEEN — NOVATION Omission or delay by any of the Parties in exercising any of their rights shall not constitute waiver or novation, nor prejudice future exercise of the same right.

  • A., thus meeting its information duty and discharging the compliance with the provisions in CLAUSE FIFTEEN of the Agreement.

  • GRANTING CLAUSE FIFTEEN All proceeds, products, replacements, additions, substitutions, renewals and accessions of any of the foregoing, including, but not limited to, personal property acquired with cash proceeds.

  • The date of the START UP CERTIFICATE will be used for purposes of applying the penalty in the event of delay, CLAUSE FIFTEEN - BONUS AND PENALTY.

  • CLAUSE FIFTEEN — If the Granting Power decrees rationing, the contract liabilities will be governed by the legislation in force and the COMMERCIALIZATION RULES.

  • CLAUSE FIFTEEN - REGISTRATION - ISSUER shall file with the Registry of Securities and Documents of the County of São Paulo, Capital, the Sixth Amendment, and shall deliver to CREDITOR a copy signed and registered within a period of twenty (20) days, counted from this date.

Related to CLAUSE FIFTEEN

  • Clause means a clause of this Agreement;

  • 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.

  • 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.

  • Market Disruption Event means any of the following events as determined by the Calculation Agent in its sole discretion:

  • subclause means subclause of the Clause in which the term is used;

  • FX Market Disruption Event means each of the following events:

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

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Fund Disruption Event means any of the following events, as determined by the Determination Agent in its reasonable discretion:

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

  • Fallback Reference Price (if the relevant parties have specified an alternate Commodity Reference Price in the Confirmation);

  • ISDA Fallback Rate means the rate that would apply for derivatives transactions referencing the ISDA Definitions to be effective upon the occurrence of an index cessation date with respect to the Benchmark for the applicable tenor excluding the applicable ISDA Fallback Adjustment.

  • 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.

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • 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.

  • 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.

  • Early Termination Charge means, with respect to any 2016-B Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2016-B Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2016-B Lease balance over the related 2016-B Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).

  • Article 55 BRRD means Article 55 of Directive 2014/59/EU establishing a framework for the recovery and resolution of credit institutions and investment firms.