ECONOMIC CONDITIONS Clause Samples
The ECONOMIC CONDITIONS clause defines how changes in the broader economic environment may impact the terms of an agreement. It typically outlines mechanisms for adjusting prices, payment schedules, or other financial obligations in response to inflation, market fluctuations, or other specified economic indicators. By including this clause, parties can ensure that the contract remains fair and viable even if economic circumstances change significantly, thereby allocating risk and providing a structured way to address unforeseen financial shifts.
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ECONOMIC CONDITIONS. There shall not have occurred, and continued to exist, (i) any general suspension of, or limitation on prices for, trading in securities on the Nasdaq National Market, (ii) a declaration of a banking moratorium or any suspension of payments in respect of banks in the United States or Great Britain, (iii) a commencement of a war, armed hostilities or other national or international crisis directly involving the United States or Great Britain (other than an action involving United Nations' personnel or support of United Nations' personnel) or (iv) in the case of any of the foregoing clauses (i) through (iii) existing at the time of the commencement of the Offer, a material acceleration or worsening thereof. Annex III Company's One-Step Conditions
(a) Representations and Warranties. None of the representations and warranties of Parent or the Purchaser set forth in the Merger Agreement that are qualified as to Material Adverse Effect (as defined in the Merger Agreement) shall not be true and correct, and no such representations and warranties that are not so qualified shall not be true and correct in any respect (when taken together with all other failures of such representations and warranties to be true and correct) that would have a Material Adverse Effect on Parent, in each case at the date of the Merger Agreement or as of the Effective Time (as though made as of such date, except that those representations and warranties that address matters only as of a particular date shall remain true and correct as of such date).
ECONOMIC CONDITIONS a) For the 2021-2022 school year and thereafter, all bargaining unit members shall be placed on the appropriate step and column on the new six-column salary schedules below.
ECONOMIC CONDITIONS. The financial conditions must be settled by both parties in writing for each specific collaboration agreement and must be duly signed.
ECONOMIC CONDITIONS. The returns of the Partnership are sensitive to the condition of the overall Canadian economy. Significant, extended negative changes in Canadian economic conditions that impact the strength of consumer spending may increase the Partnership’s portfolio’s loss rates and have an adverse effect on the returns, financial condition or liquidity of the Trust and the Partnership.
ECONOMIC CONDITIONS. Beginning with the 2024-2025 contract year and thereafter, all bargaining unit members shall be placed on the appropriate step and column on the new five-column salary schedule. In the 2024-2025 contract year, step one (1) from the 2023-2024 salary schedule will be removed from the salary schedule and the steps will be renumbered for a total of fourteen
ECONOMIC CONDITIONS. It is unknown for how long the United States and global economy will continue as it currently does or the manner in which the economies will evolve to address challenges faced in various economic markets. There could be (i) a significant reduction in available investment capital thereby increasing the difficulty of the Company in obtaining funds to conduct its operations, (ii) a closing or reduction of the initial public offering market making the prospect of the Company raising funds by an initial public offering of its stock very unlikely, and (iii) the possible reduction in the amount of interest of potential acquirers of the Company in acquiring entities like the Company. Other Factors. Other specific risks the Company faces include:
ECONOMIC CONDITIONS. If ▇▇▇'s free assessment does not justify the terms of payment granted, ISE is entitled to withhold orders that have not yet been executed until the customer has provided adequate security. This does not apply if, upon written request, the customer immediately pays for all products already delivered and / or pays in advance for all products ordered but not yet delivered
ECONOMIC CONDITIONS. 1. Income. Lease income, which must satisfy the tenant to the lessor, is fixed at the sum of euros (€ ) per month.
ECONOMIC CONDITIONS. NOMADAR undertakes to assume in full all those expenses incurred by the CLUB that are necessary and duly justified to guarantee the correct exploitation of the space subject to this contract. This obligation includes, but is not limited to, all costs associated with technical, logistical, maintenance, cleaning, supplies, security, personnel, insurance, licenses and any other service or action essential to ensure the correct provision of the service and the proper development of the contracted activity. Likewise, any expense derived from legal, technical or administrative requirements that CÁDIZ C.F. must face due to the activity that is the subject of this agreement will also be fully reimbursed by N▇▇▇▇▇▇, upon presentation of the appropriate supporting documents. To clarify doubts, this includes any costs of a fiscal or tax nature (including direct or indirect taxes that may eventually be claimed from the club) that CÁDIZ CF may incur in the future because of the execution and/or execution of this contract. The CLUB will issue invoices or refund requests, which must be paid by NOMADAR within a period of no more than thirty (30) calendar days from their receipt, unless there is a reasonable cause for discrepancy.
ECONOMIC CONDITIONS. As provided in the applicable Transparency regulations, if the terms are in favour of the Bank, they are shown in maximum terms, and in minimum terms if in favour of the Customer Calculation of interest made using a civil year divisor. Creditor rate minimum