Local Custom Sample Clauses

The 'Local Custom' clause defines how local trade practices or customs may influence the interpretation or execution of a contract. In practice, this clause may specify that, unless otherwise stated, the established customs of a particular region or industry will supplement or clarify the contract’s terms. For example, if a contract is silent on a delivery method, the standard practice in that locality may be used to fill the gap. This clause ensures that parties have a clear understanding of how unwritten local norms may affect their obligations, reducing ambiguity and potential disputes over differing expectations.
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Local Custom. Notwithstanding anything herein to the contrary, if requested by the Required Banks, all Loans made hereunder shall be made in compliance with local market custom and legal practice as determined solely by the Agent, whether or not such custom and legal practices have the force of law.
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Local Custom. Seller and Buyer shall prorate at the Closing all other items customarily apportioned in connection with sales of similar property in the City of Chicago, ▇▇▇▇ County, Illinois.
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Local Custom. 46 VIII. GUARANTY........................................................................................47
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Local Custom. 42 8.11 Table of Contents and Headings...................................................... 42 8.12
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Local Custom. Any costs related to (i) state, city, county and municipal recording fees and all related charges, costs and expenses in connection with the recording of the Deeds; (ii) premiums for any Title Policy and the cost of any and all endorsements to any such policies; (iii) any and all transfer taxes, deed taxes, sales taxes, stamp taxes, intangibles taxes or similar taxes imposed with respect to the Transactions; and (iv) any and all costs and expenses incurred in connection with the preparation and filing of the Transfer Tax Forms shall be paid in accordance with local custom of each Facility, which local custom is set forth on Schedule 5.5.3 attached hereto.
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Local Custom. Notwithstanding anything herein to the contrary, all Foreign Loans made hereunder shall be made in compliance with Local Market custom and legal practice as determined solely by the Agent whether or not such custom and legal practices have the force of law. The Agent shall promptly notify the Company of any change in custom or legal practice which will affect any outstanding Foreign Loan.
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Related to Local Custom

  • Local Coordinator Leave The Hospital agrees to grant leaves of absence, without pay, to nurses elected to the position of Local Co-ordinator. Subject to reasonable notice, it is understood and agreed that a Local Co-ordinator shall be granted such leave(s) as she or he may require fulfilling the duties of the position.

  • No Reliance on Agent’s Customer Identification Program Each Lender acknowledges and agrees that neither such Lender, nor any of its Affiliates, participants or assignees, may rely on the Agent to carry out such Lender’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the USA PATRIOT Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with any Borrower, its Affiliates or its agents, this Agreement, the Other Documents or the transactions hereunder or contemplated hereby: (1) any identity verification procedures, (2) any record-keeping, (3) comparisons with government lists, (4) customer notices or (5) other procedures required under the CIP Regulations or such other laws.

  • Syndication Agent The Syndication Agent shall not have any duties or responsibilities hereunder in its capacity as such.

  • Documentation Agent The Documentation Agent (in its capacity as such) shall not have any duties or responsibilities, nor shall it incur any liability, under this Agreement and the other Loan Documents.

  • No Reliance on Administrative Agent’s Customer Identification Program Each Lender acknowledges and agrees that neither such Lender, nor any of its Affiliates, participants or assignees, may rely on the Administrative Agent to carry out such Lender’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the USA Patriot Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with any of the Loan Parties, their Affiliates or their agents, the Loan Documents or the transactions hereunder or contemplated hereby: (i) any identity verification procedures, (ii) any recordkeeping, (iii) comparisons with government lists, (iv) customer notices or (v) other procedures required under the CIP Regulations or such other Laws.