No Expansion Sample Clauses
The "No Expansion" clause restricts the scope of obligations, rights, or liabilities under an agreement, ensuring that nothing in the contract is interpreted to broaden or increase what is expressly stated. In practice, this means that parties cannot claim additional benefits or responsibilities beyond those specifically outlined in the contract, even if circumstances change or ambiguities arise. This clause serves to prevent unintended interpretations or extensions of the agreement, thereby maintaining clear boundaries and reducing the risk of disputes over contractual scope.
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No Expansion. No provision of this Agreement shall be deemed to expand the rights or remedies of third parties against GSIS as compared to the rights or remedies such parties would have had against GSO had the transactions contemplated hereby not taken place.
No Expansion. It is specifically agreed to by the Parties that the work to be performed under this Operating Agreement and included in the annual Work Plan is work that has been performed by Civic for City and included in prior agreements between Civic and City or Civic and the Former Agency. This Operating Agreement is not an expansion of the work or services to be provided, and the scope of Civic’s services shall not be expanded beyond what is set forth in this Operating Agreement without prior City Council approval and compliance with all state and local laws, including without limitation the MMBA and City Charter section 117(c).
No Expansion. Permit Holder shall not, nor permit anyone else to enlarge or expand the encroachment in any manner, nor shall such person erect, construct, install or place any encroachment in addition to that allowed by the Encroachment Permit issued pursuant to this Agreement.
No Expansion. Nothing in this Article X is intended to, and shall not be construed to, expand any party's fiduciary duties under Applicable Law.
No Expansion. Election Notice may be sent by Tenant under this Article unless at the time of sending the Expansion Election Notice and on the first day of the Expansion Term (1) the most recent audited financial statement of Tenant and each of the FOCUS Reports filed with the SEC during the twelve (12) months prior to such first day shows a net worth of not less than $185 million and a Net Capital of not less than $56 million and (2) the Expansion Election Notice is accompanied by such financial statement and FOCUS Reports.
No Expansion. Permitted Improvements shall not be expanded upon within the City Right-of-Way.
No Expansion. Nothing in this Article XI is intended to, nor shall anything in this Article XI be construed to, expand any party's fiduciary duties under Applicable Law.
No Expansion. Notwithstanding any rights of Borrower under the Sublease, Borrower shall not, without the prior written consent of Lender, in Lender's sole and absolute discretion, (i) undertake any expansions or additions to the Improvements or the Property, (ii) undertake the construction of any new improvements or facilities on the Property, or (iii) incur any debt for the financing of any of the foregoing, regardless of whether such debt is secured or unsecured.