Lock Out Sample Clauses

A Lock Out clause prevents one party from negotiating or entering into agreements with third parties regarding a specific transaction for a defined period. Typically, this clause is used in property or business sale negotiations, where the seller agrees not to entertain offers from others while the buyer completes due diligence or secures financing. Its core function is to provide the buyer with a period of exclusivity, reducing the risk of being outbid or losing the deal to another party during critical negotiations.
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Lock Out. The Board agrees that it will not lock out any member of the bargaining unit covered by this Agreement, for any reason, during the term of this Agreement.
Lock Out. Additionally, without notice, Landlord may alter locks or other security devices at the Premises to deprive Tenant of access thereto, and Landlord shall not be required to provide a new key or right of access to Tenant. This Lease supercedes Section 93.002 of the Texas Property Code to the extent of any conflict.
Lock Out. There will be a charge for the second and each subsequent time Lessor is called to let any of the Lessees into the Premises, whatever the reason. The charge to unlock your door is After Hours.
Lock Out. If a Default occurs, Landlord is entitled and is hereby authorized, without any notice to Tenant whatsoever, to enter upon the Premises by use of a master key, a duplicate key, picking the locks, or other peaceable means, and to change, alter, and/or modify the door locks on all entry doors of the Premises, thereby excluding Tenant, and its officers, principals, agents, employees, visitors and representatives therefrom. In the event that Landlord has either terminated Tenant's right of possession to the Premises pursuant to the foregoing provisions of this Lease, or has terminated this Lease by reason of the Default, Landlord shall not thereafter be obligated to provide Tenant with a key to the Premises at any time; provided, however, that in any such instance, during Landlord's normal business hours and at the convenience
Lock Out. In the event Tenant requests Landlord to unlock an apartment or other door for any reason, Tenant agrees to pay for the service call at a minimum labor rate of $52.50 per hour during normal business hours (8:00 a.m. through 4:30 p.m. Monday-Friday), and at a minimum labor rate of $78.75 per hour during non-business hours. In the event Tenant requests any locks to be re-keyed, Tenant agrees to pay the actual cost to re-key the locks including labor at a minimum rate of $52.50 per hour.
Lock Out. (a) Except as expressly permitted by this Section 10.6, neither the LLC nor any entity in which the LLC holds a direct or indirect interest shall, directly or indirectly, sell, transfer or otherwise actually or constructively dispose of or permit the actual or deemed disposition, other than any deemed disposition by reason of entering into this Agreement (in each case, a “Disposition”) of any of the assets listed on Exhibit E hereto (the “Protected Assets”), or any direct or indirect interest therein, prior to the expiration of the Protection Period applicable to such Protected Asset, without the consent of the Member Representative. Notwithstanding the foregoing, the LLC (or other entity referred to in the preceding sentence) shall have the right, during the Protection Period to consummate any Disposition of all or any portion of any Protected Asset in (i) a transaction with respect to which no income or gain would be required to be recognized by any Protected Party under the Code and any applicable state tax law (a “Tax-Deferred Exchange”), or (ii) in a condemnation or other taking of all or any portion of any Protected Asset by a governmental entity or authority in eminent domain proceedings or otherwise or any other involuntary transaction (an “Involuntary Conversion”). In situations where the LLC engages in a wholly or partially Tax-Deferred Exchange involving a Protected Asset, the property (or as applicable, the portion thereof) received on a tax-deferred basis in exchange for such Protected Asset shall be treated as a Protected Asset for all purposes under this Agreement. Section 10.6(b) below shall constitute the sole and exclusive remedy available to the Members (or any Indirect Owner thereof in the event of a breach of this Section 10.6(a), and no Protected Party (or Indirect Owner thereof) shall be entitled to pursue a claim for specific performance of the covenant set forth in Section 10.6(a) or bring a claim against any Person that acquires a Protected Asset from the LLC in violation of Section 10.6(a) or against any Member. (b) In the event that the LLC breaches the terms of Section 10.6(a), the LLC shall pay to each Protected Party that incurs a Built-In Gain Tax Liability from such breach an amount equal to the Built-In Gain Tax Liability from such breach for such Protected Party. (c) Notwithstanding anything to the contrary contained herein, upon (x) the death of a Protected Party or (y) at such time as a Protected Party directly or indir...
Lock Out. The Employer will not lock out employees as a consequence of any dispute arising during the period of this Agreement.
Lock Out. There may be a cost assessed to Tenants for a lock out. The amount of the actual charge is based upon the circumstances including calls after midnight. >> Care of Property. (15. thru 29.)
Lock Out. If you have lost, misplaced or forgotten the keys for your rental property, you may contact Better Beach Rentals during normal business hours or call our emergency number after hours for assistance.