IMPACTS AND EFFECTS Clause Samples

The 'IMPACTS AND EFFECTS' clause defines how certain events, actions, or circumstances influence the rights, obligations, or performance of the parties under the agreement. Typically, this clause outlines the specific consequences that arise if particular conditions occur, such as delays, changes in law, or unforeseen disruptions, and may detail adjustments to timelines, costs, or responsibilities. Its core practical function is to provide a clear framework for managing and allocating the outcomes of significant events, thereby reducing uncertainty and potential disputes between the parties.
IMPACTS AND EFFECTS. A. The District agrees to notify the AASD as soon as a Board of Education decision occurs regarding the number and type of layoffs. B. Prior to being laid off, AASD unit members will be entitled to rights granted under Article 7 - Appointment Transfer and Reassignment.
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IMPACTS AND EFFECTS. This lease allows for no gas storage (subsurface) or injection ▇▇▇▇▇. No frac water storage-type pits are allowed without further separate agreement with the Lessor (normal drilling pits to facilitate the actual initial drilling process are allowed, subject to standards). Clear, specific standards are placed on Lessee’s activities that affect the property.
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IMPACTS AND EFFECTS. The following provisions shall apply under this (A) SURFACE ISSUES. Lessee shall at all times use the highest degree of care and use all reasonable care and safeguards to prevent its operations and the operations of any subcontractor from resulting in any injury or damage to humans, animals or the environment including, but not limited to, taking all required actions to prevent (i) causing or contributing to soil erosion; (ii) polluting or contaminating any environmental medium including the surface or subterranean soils and/or waters and ambient atmosphere in, on, under, above or about the Leased Premises and surrounding properties;
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IMPACTS AND EFFECTS. The decision to lay off, the determination of the services or teaching subjects in which layoffs are to be made, and the number of unit members who are to be laid off rests solely with HTVCS and shall not be subject to negotiations nor to the filing of grievances. The impacts and effects of proposed layoffs shall be subject to negotiations between the Association and HTVCS. Accordingly, HTVCS agrees to notify the Association as soon as possible of the number and type of layoffs to be proposed. Immediately upon such notification, the Parties shall meet and negotiate the impact and effect of such layoffs.
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IMPACTS AND EFFECTS 
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Related to IMPACTS AND EFFECTS

  • Coverage Changes and Effective Dates 39 40 Subd. 1. When Coverage May Be Chosen.

  • Force and Effect The various provisions of this Agreement are severable in their entirety. Any determination of invalidity or unenforceability of any one provision shall have no effect on the continuing force and effect of the remaining provisions.

  • Authorized and Effective Agreement (a) CBSI has all requisite corporate power and authority to enter into and perform all of its obligations under this Agreement and each of the Transaction Documents to which it is a party. The execution and delivery of this Agreement and each such Transaction Document and the consummation of the Transactions have been duly and validly authorized by all necessary corporate action in respect thereof on the part of CBSI. The Board of Directors of CBSI has approved and adopted this Agreement and the Merger. (b) This Agreement and each Transaction Document to which CBSI is a party have been duly executed and delivered by CBSI and, assuming the accuracy of the representation contained in Section 3.4(b) hereof, this Agreement constitutes the legal, valid and binding obligations of CBSI, enforceable against CBSI in accordance with its terms, except that such enforceability may be subject to bankruptcy, insolvency and other laws of general applicability relating to or affecting creditors’ rights and to general equity principles. (c) Neither the execution and delivery by CBSI of this Agreement or any Transaction Document to which it is a party, nor consummation of the Transactions, nor compliance by CBSI with any of the provisions hereof or thereof shall (i) conflict with or result in a breach of any provision of the certificate of incorporation or bylaws of CBSI, (ii) assuming the consents and approvals contemplated by Section 5.3 hereof and the consents and approvals which are Previously Disclosed are duly obtained, constitute or result in a breach of any term, condition or provision of, or constitute a default under, or give rise to any right of termination, cancellation or acceleration with respect to, or result in the creation of any lien, charge or encumbrance upon any property or asset of CBSI or any of its Subsidiaries pursuant to, any note, bond, mortgage, indenture, license, agreement or other instrument or obligation to which CBSI or any of its Subsidiaries is a party, or (iii) assuming the consents and approvals contemplated by Section 5.3 hereof and the consents and approvals which are Previously Disclosed are duly obtained, conflict with or violate any law, order, writ, injunction, decree, statute, rule or regulation applicable to CBSI or any of its Subsidiaries or their respective assets; except, in case of clauses (ii) and (iii) above, for any such breach, default, right, lien, charge, encumbrances, violation or conflict which, individually or in the aggregate, would not have a Material Adverse Effect on CBSI. (d) Other than as contemplated by Section 5.3 hereof, no consent, approval or authorization of, or declaration, notice, filing or registration with, any governmental or regulatory authority, or any other Person, is required to be made or obtained by CBSI on or prior to the Closing Date in connection with the execution, delivery and performance of this Agreement or any of the Transaction Documents to which it is a party or the consummation of the Transactions. As of the date hereof, CBSI is not aware of any reason that the condition set forth in Section 6.1(b) of this Agreement would not be satisfied.

  • Notice and Effect This Agreement may be terminated by either party by written notice effective no sooner than sixty days following the date that notice to such effect shall be delivered to other party at its address set forth in paragraph 12.5 hereof.

  • Full Force and Effect Except as expressly supplemented, amended or consented to hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect.