Application and Effect Clause Samples

Application and Effect. 1. The agreement is provided in duplicate and signed by representatives of both contracting parties. 2. Employees shall be informed of the contents of this agreement via the Masaryk University website within three days of its signing. 3. The agreement comes into effect following its signature by both contracting parties. 4. The Agreement is effective from 1 July 2022 and is concluded for a fixed term until 30 June 2025, in accordance with Article 26(1) of the Labour Code.
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Application and Effect. 1. The agreement is provided in duplicate and signed by representatives of both contracting parties. 2. Employees shall be informed of the contents of this agreement via the Masaryk University website within three days of its signing. 3. The agreement comes into effect following its signature by both contracting parties. 4. The contract comes into force on 1 July 2018 and shall expire by 30 June 2021 in accordance with the provisions of section 26, subsection 1 of the Labour Code. In Brno on . ........................................................... ......................................................
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Application and Effect. This agreement shall apply to the players with Israeli citizenship, who are registered in the Union in the Club and that employee-employer relations existed between them and the Club prior to December 31, 2019, according to the list attached as Annex "A" of this agreement and constitutes an integral part thereof. The original contract of each player in the Annex "A" list vis-à-vis the Club, as deposited by the Club for that player with the Budget Auditing Authority in the 2019/20 season, shall hereinafter be referred to as: "the Original Contract". This Agreement shall be in effect only until the end of the 2019/20 game season. The commencement date for training is Monday, June 1, 2020. The Final Game – The Playoff Final Game shall take place on July 30, 2020 – The date on which the 2019/20 season ends. As of this date, it shall be considered the off-season, with all that entails. The players shall follow the directives of the Ministry of Health and the Ministry of Sports regarding conduct and quarantine for professional sport. The salary of the players for the 2019/20 season shall be 75% (seventy-five percent) of the player's total annual salary as the original contract was intended to be (hereinafter: "the Adjusted Salary") – the net salary, which shall be translated to gross, as per the rules of the Budget Audit Authority and the stipulations of Section 7 below. The remainder of the adjusted salary for each player, beyond receipt that the player already received with regards to his employment, shall be divided into three equal salaries: June (which is paid in July), July (which is paid in August) and August (which is paid in September) (hereinafter: the Salary Payment Period). The Salary of the Players – refers to the base salary including bonuses. Notwithstanding the foregoing in Section 6 above, a player who earns up to NIS 8,000 gross per month (including bonuses and/or reimbursements) shall not be deducted any amount and shall be entitled to the salary under his original annual contract, without adjustments, yet in any event, it shall not exceed, together with the unemployment benefits the player received during the unpaid leave period, the salary under the original annual contract. A player who earns up to NIS 10,400 gross per month (including bonuses), shall receive a salary that is 90% of the total salary under the original annual contract of that player until the end of the salary payment period, yet in any event, it shall not exceed, together w...
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Application and Effect 
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Related to Application and Effect

  • Confirmation and Effect The provisions of the Credit Agreement (as amended by this First Amendment) shall remain in full force and effect in accordance with its terms following the effectiveness of this First Amendment, and this First Amendment shall not constitute a waiver of any provision of the Credit Agreement or any other Loan Document, except as expressly provided for herein. Each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof’, “herein”, or words of like import shall mean and be a reference to the Credit Agreement as amended hereby, and each reference to the Credit Agreement in any other document, instrument or agreement executed and/or delivered in connection with the Credit Agreement shall mean and be a reference to the Credit Agreement as amended hereby.

  • Authorization and Effect of Agreement Sellers have all requisite power and authority to execute and deliver this Agreement and all of the other agreements, certificates and other documents delivered or to be delivered on or after the date hereof and at or prior to the Closing in connection with the transactions contemplated hereby (the "Ancillary Documents") to which each is or will be a party, and to consummate the transactions contemplated hereby and thereby. The execution and delivery by Sellers of this Agreement and the Ancillary Documents to which each is or will be a party and the consummation by Sellers of the transactions contemplated hereby and thereby to be consummated by the Sellers have been duly authorized by all necessary corporate action on the part of Sellers, including, without limitation, all requisite approval by the stockholders of the Sellers pursuant to the Articles of Incorporation or By-Laws or other organizational documents of Sellers or otherwise. This Agreement and the Ancillary Documents to which each Seller is or will be a party have been or will be, as the case may be, duly executed and delivered by each Seller and constitute or will constitute, as the case may be, valid and binding obligations of Sellers, enforceable in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency or other similar Laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies (whether applied in a proceeding at law or equity).

  • Revocation and Effect of Consent Until an amendment or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Note or portion of a Note that evidences the same debt as the Note of the consenting Holder, even if notation of the consent is not made on any Note. However, any such Holder or subsequent Holder may revoke the consent as to its Note or portion of its Note. Such revocation shall be effective only if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective on receipt by the Trustee of written consents from the Holders of the requisite percentage in principal amount of the outstanding Notes. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment, supplement or waiver. If a record date is fixed, then, notwithstanding the last two sentences of the immediately preceding paragraph, those persons who were Holders at such record date (or their duly designated proxies) and only those persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

  • Execution and Effect of Agreement Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder, and the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance of Buyer’s obligations hereunder have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Enforceability Exceptions.

  • Revocation and Effect of Consents Until an amendment, supplement or waiver becomes effective, a consent to it by a Holder of a Note is a continuing consent by the Holder of a Note and every subsequent Holder of a Note or portion of a Note that evidences the same debt as the consenting Holder's Note, even if notation of the consent is not made on any Note. However, any such Holder of a Note or subsequent Holder of a Note may revoke the consent as to its Note if the Trustee receives written notice of revocation before the date the waiver, supplement or amendment becomes effective. An amendment, supplement or waiver becomes effective in accordance with its terms and thereafter binds every Holder.