Final Effect Sample Clauses

The "Final Effect" clause defines the legal consequences and enforceability of a contract or agreement after its termination or expiration. Typically, it specifies which rights, obligations, or provisions will continue to apply even after the main contract ends, such as confidentiality, indemnity, or dispute resolution terms. This clause ensures that important responsibilities or protections remain in force, thereby preventing ambiguity and safeguarding the interests of the parties beyond the contract's active period.
Final Effect. If any employee who is disciplined fails to file a grievance within the time specified, or if, upon the hearing of his/her grievance, he/she is found to have been properly disciplined, then his/her discipline shall be absolute as of the date of his/her discipline.
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Final Effect. The Parties each acknowledge to the other that each understands the final and permanent effect of this instrument.
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Related to Final Effect

  • Legal Effect This Agreement constitutes, and any instrument or agreement Borrower is required to give under this Agreement when delivered will constitute legal, valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.

  • FINANCIAL EFFECTS The execution of the Agreement is not expected to have any material effect on the earnings, net assets, gearing, share capital and substantial shareholders’ shareholdings of the Company for the financial year ending 30 June 2020.

  • Tax Effect The federal tax consequences of stock options are complex and subject to change. Each person should consult with his or her tax advisor before exercising any Option or disposing of any Shares acquired upon the exercise of an Option.

  • Personal Effects The Employer agrees to provide adequate lock-up facilities for employees' personal effects, namely purses and/or wallets.

  • No Effect Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities.