Contingency Procedure Sample Clauses

Contingency Procedure. If, for any reason, the Base Monthly Rent to be paid during the Extended Term is not determined prior to the first day of the Extended Term, this Lease shall nevertheless remain in effect, and during the interim period until such rental rate is finally determined, Tenant shall pay Base Monthly Rent in an amount equal to the amount which was scheduled to be paid for the final full month of the initial term. Any accrued payment shortage or overage, together with interest at the prime rate of interest on unpaid amounts from the applicable dates, shall be paid within ten days of the determination of the new rental rate.
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Contingency Procedure. (a) If, on any Business Day, (i) a party to this Agreement chooses not to use the Networking System for a particular transaction, or (ii) there are technical problems with the Networking System that render it impracticable for a party to transmit or receive information through the Networking System, the party who determines not to use the Networking System will notify the other party of such determination as early as possible. In the event this occurs, on (T+1), the Company will fax a trade sheet by 9:00a.m., Eastern Time, to the Fund at the following number 617.937.8122. (b) Settlement for all orders faxed by the Company to the Fund prior to 9:00 a.m., Eastern Time, shall occur on a (T+1) basis via federal wire based on bank account information listed below:
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Contingency Procedure. In the event that any Severity 1 or 2 Incident occurs two (2) hours prior to critical delivery timeline of Storage Certificates as per the Clearing Rules1, the Client accepts without any caveat that the Clearing Organisation and the Client shall automatically apply the present contingency procedure. The Clearing Organisation and the Clients must use the alternative procedure by email for the issuance of Storage Certificates as a workaround solution, as described in the Clearing Rules (including but not limited to any modification of Storage Certificates which have been previously approved by the Clearing Organisation through the Services) or those of the Clearing Organisation. The Clearing Organisation will communicate the technical disruption status by email to Clients. CHARGES The Services are provided for the amount equal to: Euros 250/year (for five Authorised Users) The Services are also subject to the applicable fee grid and/or the fees as set out in the public price list on the Euronext website. Charges may vary in accordance with the terms set out in the General Terms and Conditions.
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Contingency Procedure. (i) If, on any Business Day, (x) a party to this Agreement chooses not to use the Networking System for a particular transaction, or (y) there are technical problems with the Networking System that render it impracticable for a party to transmit or receive information through the Networking System, the party who determines not to use the Networking System will notify the other party of such determination as early as possible. In the event this occurs, on (T+1), the Company will fax a trade sheet by 10:00 a.m., Eastern Time, to the Fund at the following number 617.937.8122. (ii) Settlement for all orders faxed by the Company to the Fund prior to 10:00 a.m., Eastern Time, shall occur on a (T+1) basis via federal wire based on bank account information previously provided by the Company and Fund bank account information listed below: Fund: M Funds, Inc. Bank: State Street Bank & Trust Company Bank Routing Number: ▇▇▇▇▇▇▇▇▇ Bank Account Number: ▇▇▇▇▇▇▇▇ Name of Account: M Funds”
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Contingency Procedure. Customer is solely responsible to select, obtain, install, test, monitor, maintain, use and regularly review Customer’s own contingency procedures if for any reason Customer is unable to access and/or use the E-Pay Services.
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Related to Contingency Procedure

  • Emergency Procedure An employee may be immediately placed on an off-duty status (without pay) by the Employer, but remain on the rolls where the allegation involves intoxication (use of drugs or alcohol), pilferage, or failure to observe safety rules and regulations, or in cases where retaining the employee on duty may result in damage to U.S. Postal Service property, loss of mail or funds, or where the employee may be injurious to self or others. The employee shall remain on the rolls (non-pay status) until disposition of the case has been had. If it is proposed to suspend such an employee for more than fourteen (14) days or discharge the employee, the emergency action taken under this Section may be made the subject of a separate grievance.

  • Emergency Procedures All residents and guests are required to exit the building during emergencies that require evacuation and follow instructions given by authorized University emergency personnel (e.g.,

  • Contingency Plan Contractor is aware that unforeseen circumstances, Including damage to their Facility(ies), equipment breakdowns, weather-related emergencies and other Force Majeur events, may require their participation in non-scheduled operations in order to provide continuous service to the public. Contractor hereby acknowledges that, under this Agreement, they are prepared to commit to participation in training for such emergency scenarios and to provide vehicles and personnel to maintain uninterrupted service during impairment or breakdown of Contractor’s Facility or equipment, and in case of natural disaster or other emergency, Including the events described in Section 14.09.

  • Emergency/Declared Disaster Requirements In the event of an emergency or if Orange County is declared a disaster area by the County, state or federal government, this Contract may be subjected to unusual usage. The Contractor shall service the County during such an emergency or declared disaster under the same terms and conditions that apply during non-emergency/disaster conditions. The pricing quoted by the Contractor shall apply to serving the County’s needs regardless of the circumstances. If the Contractor is unable to supply the goods/services under the terms of the Contract, then the Contractor shall provide proof of such disruption and a copy of the invoice for the goods/services from the Contractor’s supplier(s). Additional profit margin as a result of supplying goods/services during an emergency or a declared disaster shall not be permitted. In the event of an emergency or declared disaster, emergency purchase order numbers will be assigned. All applicable invoices from the Contractor shall show both the emergency purchase order number and the Contract number.

  • Acquisition/Liquidation Procedure The Company agrees: (i) that, prior to the consummation of any Business Combination, it will submit such transaction to the Company's stockholders for their approval ("Business Combination Vote") even if the nature of the acquisition is such as would not ordinarily require stockholder approval under applicable state law; and (ii) that, in the event that the Company does not effect a Business Combination within 18 months from the consummation of this Offering (subject to extension for an additional six-month period, as described in the Prospectus), the Company will be liquidated and will distribute to all holders of IPO Shares (defined below) an aggregate sum equal to the Company's "Liquidation Value." With respect to the Business Combination Vote, the Company shall cause all of the Initial Stockholders to vote the shares of Common Stock owned by them immediately prior to this Offering in accordance with the vote of the holders of a majority of the IPO Shares. At the time the Company seeks approval of any potential Business Combination, the Company will offer each of holders of the Company's Common Stock issued in this Offering ("IPO Shares") the right to convert their IPO Shares at a per share price equal to the amount in the Trust Fund (inclusive of any interest income therein) on the record date ("Conversion Price") for determination of stockholders entitled to vote upon the proposal to approve such Business Combination ("Record Date") divided by the total number of IPO Shares. The Company's "Liquidation Value" shall mean the Company's book value, as determined by the Company and audited by BDO. In no event, however, will the Company's Liquidation Value be less than the Trust Fund, inclusive of any net interest income thereon. If holders of less than 20% in interest of the Company's IPO Shares vote against such approval of a Business Combination, the Company may, but will not be required to, proceed with such Business Combination. If the Company elects to so proceed, it will convert shares, based upon the Conversion Price, from those holders of IPO Shares who affirmatively requested such conversion and who voted against the Business Combination. Only holders of IPO Shares shall be entitled to receive liquidating distributions and the Company shall pay no liquidating distributions with respect to any other shares of capital stock of the Company. If holders of 20% or more in interest of the IPO Shares vote against approval of any potential Business Combination, the Company will not proceed with such Business Combination and will not convert such shares.