NO CREATION OF RIGHTS Sample Clauses

The "No Creation of Rights" clause serves to clarify that the agreement does not grant any new legal rights or benefits to any party beyond those explicitly stated within the contract. In practice, this means that neither party, nor any third party, can claim entitlements, privileges, or enforceable interests based solely on the existence of the agreement unless such rights are expressly provided. This clause is essential for preventing unintended legal consequences and ensuring that the contract is not interpreted as conferring rights or obligations that were not specifically negotiated and agreed upon.
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NO CREATION OF RIGHTS. Nothing in this Agreement shall be interpreted in a manner so as to create or expand upon rights or confer any rights upon, or to the benefit of, any Indian band not a party to this Agreement.
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NO CREATION OF RIGHTS. By entering into this Agreement, the Parties do not intend to create any obligations express or implied other than those stated in the Agreement. Further, this Agreement shall not create any rights in any party not a signatory to the Agreement.
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NO CREATION OF RIGHTS. Neither the execution and delivery of --------------------- this Agreement by the Seller nor the consummation of the transactions contemplated hereby will result in the assumption of any benefit, obligations to Seller's employees or in respect of any Employee Benefit Plan by Buyer or any Affiliate of Buyer.
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NO CREATION OF RIGHTS. Nothing in this Agreement shall be interpreted in a manner so as to create or expand upon rights or confer any rights upon, or to the benefit of, any Indian band not a party to this Agreement. 17.03 APPLICABILITY OF THIS AGREEMENT AND THE AMENDED COST SHARING AGREEMENT TO OTHER BANDS: Canada and Saskatchewan acknowledge that, pursuant to the Amended Cost Sharing Agreement, in the event that it is hereafter determined by Canada that other Bands (other than any Entitlement Band) have substantiated an outstanding treaty land entitlement, on the same or substantially the same basis as the Entitlement Bands, Canada and Saskatchewan shall support an extension of the principles of this Agreement and the Amended Cost Sharing Agreement in order to fulfil the outstanding Treaty land entitlement obligations in respect of such Bands, and, without limitation, acknowledge that they will negotiate any amendments to this Agreement and the Amended Cost Sharing Agreement to ensure that the amounts referred to in Article 4, section 6.2 and section 7.2 thereof are adjusted to ensure that the interests of Canada, Saskatchewan, such Bands and affected local governments are dealt with in a fair and equitable manner.
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Related to NO CREATION OF RIGHTS

  • Expiration of Rights The Rights will expire on the earliest of (a) 5:00 p.m., New York City time, on December 30, 2021 (b) the time at which the Rights are redeemed (as described in Section 6 below), and (c) the time at which the Rights are exchanged in full (as described in Section 7 below).

  • No Impairment of Rights The Company will not, by amendment of its Charter or through any other means, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the carrying out of all such terms and in the taking of all such action as may be necessary or appropriate in order to protect the rights of the holder of this Warrant against impairment.

  • Reservation of Rights NYISO and Connecting Transmission Owner shall have the right to make unilateral filings with FERC to modify this Agreement with respect to any rates, terms and conditions, charges, classifications of service, rule or regulation under section 205 or any other applicable provision of the Federal Power Act and FERC’s rules and regulations thereunder, and Developer shall have the right to make a unilateral filing with FERC to modify this Agreement pursuant to section 206 or any other applicable provision of the Federal Power Act and FERC’s rules and regulations thereunder; provided that each Party shall have the right to protest any such filing by another Party and to participate fully in any proceeding before FERC in which such modifications may be considered. Nothing in this Agreement shall limit the rights of the Parties or of FERC under sections 205 or 206 of the Federal Power Act and FERC’s rules and regulations thereunder, except to the extent that the Parties otherwise mutually agree as provided herein.

  • Protection of Rights Licensee shall not copy, translate, disassemble, decompile, nor reverse engineer the Software or other SAP Materials. Licensee shall not create or attempt to create the source code from the object code of the Software or other SAP Materials. Licensee is permitted to back up data in accordance with good information technology practice and for this purpose to create the necessary backup copies of the Software. Backup copies on transportable discs or other data media must be marked as backup copies and bear the same copyright and authorship notice as the original discs or other data media, unless technically infeasible. Licensee must not change or remove SAP’s copyright and authorship notices.

  • Limitation of Rights The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.