Nature of Permit Clause Samples

The "Nature of Permit" clause defines the specific rights and limitations granted by a permit within an agreement. It typically clarifies what activities are authorized, the scope of use, and any restrictions or conditions attached to the permit, such as geographic boundaries or timeframes. By outlining these parameters, the clause ensures both parties understand the extent of the permitted activities and helps prevent disputes over unauthorized use or overstepping the permit's boundaries.
Nature of Permit a) Except as expressly provided herein, this Agreement does not confer upon Licensee any right, title, interest, or estate in the Premises, nor does this Agreement confer upon Licensee a permit coupled with an interest or an easement. b) This Agreement merely extends to Licensee, and to Licensee only, a temporary and Personal privilege, wholly subordinate to all other privilege, right, title, interest, occupancy, possession or lawful presence, use or activity with respect to the Premises, past, present or future. Licensor represents, warrants, and covenants, however, that Licensor has not entered into and will not enter into any permit or other agreement granting to any third party any rights in the Premises inconsistent with the rights granted to Licensee under this Agreement. c) Licensee shall exercise its privilege so as to avoid interference with any privilege, right, Title, interest, occupancy, possession or lawful presence, use or activity of Licensor in regard to the Premises. Licensee, shall own all rights of every kind in and to the picture and other photography made by Licensee hereunder and the permitted activities described in paragraph 3, including the right to utilize the same in any lawful manner whatsoever, whether now known or hereafter known, in perpetuity and throughout the universe. d) Licensor shall have the right to terminate this Agreement and revoke the Permit if Licensee breaches any material term or condition of this Agreement; and such breach is not cured within one (1) business day of Licensee receiving written or verbal notice of the breach. Licensee shall have the right to terminate this Agreement if Licensor breaches any material term or condition hereof and such breach is not cured within one (1) business day of Licensor receiving written notice of such breach.
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Nature of Permit. A street use permit issued to a Vendor as part of the Program allows the Vendor to use or occupy SDOT right-of-way consistent with Seattle Municipal Code (“SMC”) titles 11 and 15 and these permit requirements by deploying bicycles, electric bicycles, tricycles, and other like personal-mobility devices for public rental. This permit also allows the Vendor to use or occupy parks in Seattle operated by the Seattle Department of Parks and Recreation, consistent with Seattle Municipal Code title 18 and these permit requirements.
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Nature of Permit. This Permit does not constitute the grant of a lease, deed, easement, or a conveyance or transfer of any property interest by County. Permittee acknowledges that County is entering into this Permit in its capacity as a property owner, and not as a regulatory agency.
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Nature of Permit. This Permit does NOT constitute the grant of a lease, deed, easement, or conveyance or transfer of any property interest.
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Related to Nature of Permit

  • Structure of Agreement The Trust is entering into this Agreement solely on behalf of the Fund or Funds named herein individually and not jointly. Notwithstanding any to the contrary in this Agreement, no breach of any term of this Agreement shall create a right or obligation with respect to any series of the Trust other than the Fund; (b) under no circumstances shall the Adviser have the right to set off claims relating to the Fund by applying property of any other series of the Trust; and (c) the business and contractual relationships created by this Agreement, consideration for entering into this Agreement, and the consequences of such relationship and consideration relate solely to the Trust and the Fund.

  • Authority; Binding Nature of Agreements (a) The execution, delivery and performance of this Agreement, and all other agreements and instruments contemplated to be executed and delivered by SKYC in connection herewith have been duly authorized by all necessary corporate action on the part of SKYC and its board of directors. (b) This Agreement, the Transactional Agreements, and all other agreements and instruments contemplated to be executed and delivered by SKYC constitute the legal, valid and binding obligation of SKYC, enforceable against SKYC in accordance with their terms, except to the extent that enforceability may be limited by applicable bankruptcy, insolvency, moratorium or other laws affecting the enforcement of creditors’ rights generally and by general principles of equity regardless of whether such enforceability is considered in a proceeding in law or equity. (c) There is no pending Proceeding, and, to SKYC’s knowledge, no Person has threatened to commence any Proceeding that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Exchange or SKYC’s ability to comply with or perform its obligations and covenants under the agreements, and, to the knowledge of SKYC, no event has occurred, and no claim, dispute or other condition or circumstance exists, that might directly or indirectly give rise to or serve as a basis for the commencement of any such Proceeding.

  • Authority; Binding Nature of Agreement (a) The Parent and each of its Subsidiaries (including the Merger Subs) have all necessary corporate power and authority to enter into and to perform its obligations under this Agreement and, subject, with respect to Parent, to receipt of the Required Parent Stockholder Vote and, with respect to Merger Subs, the adoption of this Agreement by Parent in its capacity as sole stockholder of Merger Subs, to perform its obligations hereunder and to consummate the Contemplated Transactions. The Parent Board (at meetings duly called and held) has: (i) determined that the Contemplated Transactions are fair to, advisable and in the best interests of Parent and its stockholders; (ii) authorized, approved and declared advisable this Agreement and the Contemplated Transactions, including the issuance of Parent Common Stock Payment Shares and Parent Preferred Stock Payment Shares to the stockholders of the Company pursuant to the terms of this Agreement and the treatment of the Company Options pursuant to this Agreement; and (iii) determined to recommend, upon the terms and subject to the conditions set forth in this Agreement, that the stockholders of Parent vote to approve the Parent Stockholder Matters. The First Merger Sub Board (by unanimous written consent) has: (A) determined that the Contemplated Transactions are fair to, advisable, and in the best interests of First Merger Sub and its sole stockholder; (B) authorized, approved and declared advisable this Agreement and the Contemplated Transactions; and (C) determined to recommend, upon the terms and subject to the conditions set forth in this Agreement, that the stockholder of First Merger Sub vote to adopt this Agreement and thereby approve the Contemplated Transactions. The Second Merger Sub Board (by unanimous written consent) has: (A) determined that the Contemplated Transactions are fair to, advisable, and in the best interests of Second Merger Sub and its sole member; (B) authorized, approved and declared advisable this Agreement and the Contemplated Transactions; and (C) determined to recommend, upon the terms and subject to the conditions set forth in this Agreement, that the member of Second Merger Sub vote to adopt this Agreement and thereby approve the Contemplated Transactions. (b) This Agreement has been duly executed and delivered by Parent and each Merger Sub and, assuming the due authorization, execution and delivery by the Company, constitutes the legal, valid and binding obligation of Parent and Merger Subs, enforceable against each of Parent and Merger Subs in accordance with its terms, subject to the Enforceability Exceptions.

  • Nature of Agreement You understand and agree that this letter agreement is a severance agreement and does not constitute an admission of liability or wrongdoing on the part of the Company.

  • Nature of Undertakings The undertakings given by you under this letter are given to us and (without implying any fiduciary obligations on our part) are also given for the benefit of the Borrower and each other member of the Group.