Effects of a Decision Sample Clauses

The "Effects of a Decision" clause defines the legal and practical consequences that follow from a formal decision made under the contract. It typically outlines how the decision impacts the rights and obligations of the parties, such as whether the decision is binding, if it triggers certain actions, or if it can be appealed or reviewed. This clause ensures that all parties understand the immediate and long-term implications of decisions, thereby providing clarity and reducing the risk of disputes over their enforceability or scope.
Effects of a Decision. 10.3.1 A resolution passed at a duly convened and held Bondholders' Meeting or by Written Procedure is binding on all Bondholders, irrespective of them being present or represented at the Bondholders' Meeting or responding in the Written Procedure. The Bondholders who have not adopted or voted in favour of a resolution shall not be liable for any damages that may result to other Bondholders. 10.3.2 A Bondholder holding more than one Bond is not required to use all of its votes or to cast all of the votes to which it is entitled in the same manner and may, at its discretion, use or cast only some of its votes.
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Related to Effects of a Decision

  • Effect of Decision The decision or award of the arbitrator shall be final and binding upon the University, the UFF, and the grievant, provided that either party may appeal to an appropriate court of law a decision that was rendered by the arbitrator acting outside of or beyond the arbitrator's jurisdiction, pursuant to Section 682.13, Florida Statutes.

  • COURT'S DECISION 33.01 In the event of any articles or portions of this Agreement being held improper or invalid by any Court of Law or Labour Relations Board, such decision shall not invalidate any other portions of this Agreement than those directly specified by such decision to be invalid, improper or otherwise unenforceable.

  • PROCEDURE FOR APPROVAL OF SETTLEMENT Acceptance of this Settlement Agreement shall be sought at a hearing of the Central Regional Council of the MFDA on a date agreed to by counsel for Staff and the Respondent.