CONTRACT PROVISION Sample Clauses

A contract provision is a specific section or statement within a contract that outlines a particular requirement, obligation, or condition agreed upon by the parties. These provisions can address a wide range of topics, such as payment terms, delivery schedules, confidentiality requirements, or dispute resolution procedures. By clearly defining the rights and responsibilities of each party, contract provisions help ensure mutual understanding and reduce the risk of misunderstandings or disputes during the execution of the agreement.
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CONTRACT PROVISION. It shall be permissible for a player and Club to agree in a Player Contract as follows: “Player shall be subject to forfeiture of Salary to the maximum extent permitted under Article 4, Section 9 of the Agreement dated July 25, 2011 [or “of the Collective Bargaining Agreement dated August 4, 2011].” A player is not in any way obligated to agree to any such forfeiture clause, or any lesser forfeiture permitted by this Section.
CONTRACT PROVISION. Student acknowledges that Owner may assign this Contract to Wilmington Trust, National Association, its successor and assigns (the "Trustee"). In the future and during the term of this Contract, Student may be required to follow the instructions of the Trustee, its designee or subsequent owner from time to time upon the terms set forth in the Contract.
CONTRACT PROVISION. Licensee agrees that it shall, and shall cause each of its Subsidiaries, to include a provision in each contract to which it becomes a party on or after the Effective Date which provides in substance that the other party to such contract acknowledges and agrees that Licensor and Licensee or its Subsidiary, as the case may be, are separate legal entities and that such contract and the duties and obligations of Licensee or its Subsidiaries, as the case may be, thereunder and the performance thereof are in no way no binding upon or guaranteed by Licensor. Licensee or its Subsidiaries shall not be obligated to comply with this Section 28 at such time as the corporate name of Licensee or such Subsidiary, as the case may be, does not include the Licensed Trade Name.
CONTRACT PROVISION. 9.01 Newly hired regular non-teaching school employees, including hourly rate and per diem employees, will serve a 6 month probationary period before the employee shall qualify for a one (1) year contract. At the conclusion of this eighteen (18) month period, upon reemployment, the employee will be awarded a continuing contract. 9.02 Once the employee receives a continuing contract, the employee shall only be removed for just cause in line with Article 15, Discipline Procedure, of this agreement or in accordance with Article 10, Reduction in Staff. 9.03 Hourly and/or daily rates and annual salary will be specified on the non-teaching employee's contract or salary notice. Employees will be notified by July 1 as to their salary for the ensuing year. Such salary will not be lower than the salary paid during the preceding school year and may be increased but not reduced unless such reduction is part of a uniform plan affecting the employees of the entire district or the employee requests and is granted a reassignment to a job classification at a lower pay schedule. 9.04 All employees in the Buckeye Local School District shall be allowed to work day shift in the summer months, unless an emergency arises or there is a need for services on the employees regular schedule.
CONTRACT PROVISION. A. All salary notices shall specify the job classification, the anticipated number of paid hours per day, the number of months employed, hourly wage rate, number of paid holidays and number of days of paid vacation leave. Salary notices shall be provided annually to all employees under contract with the board. B. All new non-teaching school employees shall serve a probationary period of one hundred twenty (120) days worked. During the probationary period, progress reports are prepared by the employee’s immediate supervisory and reviewed. A new employee may be discharged if he/she does not satisfactorily complete the probationary period, or if the board does not receive a report satisfactory to the board from the criminal background investigation of the new employee. Said employee shall not have resource rights to the grievance procedure. The one hundred twenty (120) days worked probationary period may be extended by mutual agreement between the OAPSE president and the superintendent.
CONTRACT PROVISION. The Cooperator shall include, in addition to provisions to define a sound and complete agreement, the following provisions in all contracts. The following provisions shall also be applied to subcontracts. Contracts in excess of the simplified acquisition threshold shall contain contractual provisions or conditions that allow for administrative, contractual, or legal remedies in instances in which a contractor violates or breaches the contract terms, and provide for such remedial actions as may be appropriate. All contracts in excess of the simplified acquisition threshold shall contain suitable provisions for termination by the Cooperator, including the manner by which termination shall be effected and the basis for settlement. In addition, such contracts shall describe conditions under which the contract may be terminated for default as well as conditions where the contract may be terminated because of circumstances beyond the control of the contractor. All negotiated contracts (except those for less than the simplified acquisition threshold) awarded by Cooperators shall include a provision to the effect that the Cooperator, FAS, the Comptroller General of the United States, or any of their duly authorized representatives, shall have access to any books, documents, papers and records of the contractor which are directly pertinent to a specific program for the purpose of making audits, examinations, excerpts and transcriptions. All contracts, including small purchases, awarded by Cooperators and their contractors shall contain the procurement provisions of Appendix A, 2 CFR part 215, as applicable.
CONTRACT PROVISION. The parties agree that it is their intention to create this Agreement as a contract protected under Section 365(n) of the United States Bankruptcy Code, and laws supplementary and amendatory thereof.
CONTRACT PROVISION. Outcome: To communicate that FEMA recipients and subrecipients and their contractors and subcontractors are required per 2 C.F.R. Part 200, Appendix II6 to include a contract provision in all FEMA-funded contracts and subcontracts, including any purchase orders. 1. On or after Aug. 13, 2020, for all new, extended, or renewed contracts using FEMA funds, especially for covered telecommunications equipment or services: a. FEMA recipients and subrecipients are required to include a provision in their contracts explaining the prohibitions under section 889 of the NDAA and as clarified in this policy. b. This also applies to subcontracts under any new, extended, or renewed contract. 2. For the required contract provision, recipients and subrecipients may draft their own provision that meets the requirements of the FY 2019 NDAA and 2 C.F.R. § 200.216 to include in contracts and subcontracts. Alternatively, they may use language from the appendix to this policy to include in contracts and subcontracts. Recipients and subrecipients should also consult their own contracting officials or legal counsel when incorporating any contract provision. _______________________ _ ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Acting Assistant Administrator, Grant Programs Directorate November 24, 2020 6 See 85 Fed. Reg. at 49,577. This is an interim policy and will be evaluated within one year from its publication and will be issued as a permanent policy or incorporated into other existing guidance. A. Section 889 of the ▇▇▇▇ ▇. ▇▇▇▇▇▇ National Defense Authorization Act for Fiscal Year 2019 (FY 2019 NDAA), Pub. L. No. 115-232 (2018).
CONTRACT PROVISION. Targeted Small Business (TSB) Affirmative Action Responsibilities on Non-Federal-aid Projects (Third-party State-Assisted Projects)
CONTRACT PROVISION. This section applies only to a construction contract concerning real property located in this state.