Inapplicability of Article Clause Samples

The 'Inapplicability of Article' clause serves to explicitly state that a particular article or section of a contract does not apply in certain circumstances or to specific parties. In practice, this clause may identify exceptions, carve-outs, or situations where the standard terms of the article are not enforced, such as excluding a party from a confidentiality obligation or waiving a requirement for a specific transaction. Its core function is to provide clarity and prevent misunderstandings by clearly delineating when and to whom the article's provisions are relevant, thereby reducing the risk of disputes over contractual obligations.
Inapplicability of Article shall not apply to a Transfer by any Person of any ownership interest in a Member.
View SourceView Similar (2)
Inapplicability of Article. Notwithstanding anything to the contrary set forth in this Article 7, the rights and obligations arising under this Article 7 shall not apply to: (i) the sale by CGW of shares of capital stock of the Company pursuant to a Public Offering in which the Shareholders are permitted to sell Shares unless the inability of the Shareholders to sell Shares in such Public Offering is due to advice to the Company from the managing underwriter of such offering to the effect that the inclusion in such offering of Shares of the Shareholders would adversely affect the marketing of the securities of the Company proposed to be sold in such offering, or (ii) any distribution by CGW of all or any portion of the shares owned by it to its partners.
View Source
Inapplicability of Article. Article VI shall not apply to a Transfer by any Person of any ownership interest in a Member.
View Source
Inapplicability of Article. 23. In the event of any inconsistency between this article and any government contract clause incorporated by reference into this contract, the incorporated clause shall govern.
View Source
Inapplicability of Article. Notwithstanding anything to the contrary -------------------------- set forth in this Section 7, the rights and obligations arising under this Section 7 shall not apply to the sale by CGW of shares of Common Stock pursuant to a public offering of securities of the Company in which all Purchasers shall be permitted to sell shares of Common Stock as set forth in Section 11.1 below.
View Source

Related to Inapplicability of Article

  • Applicability of Article Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301 for such Securities) in accordance with this Article.

  • Application of Article This Article is intended only as a basis of calculating overtime payments, and nothing in this Agreement shall be construed as a guarantee of hours of work per day, week, tour of duty, work period or year.

  • Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance If, pursuant to Section 3.1, provision is made for either or both of (a) Defeasance of the Securities of a series under Section 13.2 or (b) Covenant Defeasance of the Securities of a series under Section 13.3, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this Article XIII, shall be applicable to the Securities of such series, and the Company may at its option by Board Resolution or in any other manner specified as contemplated by Section 3.1, at any time, with respect to the Securities of such series, elect to have either Section 13.2 (if applicable) or Section 13.3 (if applicable) be applied to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article XIII.

  • Applicability of This Article Redemption of Securities of any series (whether by operation of a sinking fund or otherwise) as permitted or required by any form of Security issued pursuant to this Indenture shall be made in accordance with such form of Security and this Article; provided, however, that if any provision of any such form of Security shall conflict with any provision of this Article, the provision of such form of Security shall govern.

  • Titles of Articles, Sections and Subsections All titles or headings to articles, sections, subsections or other divisions of this Agreement and the other Loan Documents or the exhibits hereto and thereto are only for the convenience of the parties and shall not be construed to have any effect or meaning with respect to the other content of such articles, sections, subsections or other divisions, such other content being controlling as to the agreement between the parties hereto.