Effect of CSXT Approval or Preparation of Plans Sample Clauses

The 'Effect of CSXT Approval or Preparation of Plans' clause defines the legal impact of CSXT's review, approval, or creation of project plans. In practice, this clause clarifies that CSXT’s approval or involvement in preparing plans does not transfer responsibility for errors, omissions, or compliance with applicable standards from the other party to CSXT. For example, even if CSXT reviews and approves construction drawings, the contractor or designer remains fully responsible for the adequacy and safety of the plans. This clause serves to protect CSXT from liability and ensures that the primary responsibility for the quality and compliance of project plans remains with the party preparing them.
Effect of CSXT Approval or Preparation of Plans. By its review, approval or preparation of Plans pursuant to this Agreement, CSXT signifies only that such Plans and improvements constructed in accordance with such Plans satisfy CSXT’s requirements. CSXT expressly disclaims all other representations and warranties in connection with the Plans, including, but not limited to, the integrity, suitability or fitness for the purposes of Agency or any other persons of the Plans or improvements constructed in accordance with the Plans.
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Related to Effect of CSXT Approval or Preparation of Plans

  • Authorization of Agreement This Agreement has been duly authorized, executed and delivered by the Company.

  • Approval of Plan Approval of the Plan by the Commissioner of Internal Revenue as referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and the Securities and Exchange Commission, and their approval means their confirmation with respect to any matter within their regulatory authority that the Plan does not conflict with applicable law.

  • Approval of Plans and Specifications The Plans and Specifications will conform to the requirements and conditions set out by applicable law or any effective restrictive covenant, and to all governmental authorities which exercise jurisdiction over the Leased Premises or the construction thereon.

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • Effect of Approval Approval of any insurance by City shall not relieve or decrease the liability of Grantee hereunder.