No Obligation to Accept Sample Clauses
The "No Obligation to Accept" clause establishes that a party is not required to accept certain goods, services, offers, or deliverables under the agreement. In practice, this means that even if one party presents something for acceptance—such as a product shipment or a proposal—the receiving party retains the discretion to reject it without breaching the contract. This clause is commonly used to protect parties from being forced to accept substandard, unwanted, or nonconforming items, thereby ensuring they maintain control over what they agree to receive or approve.
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No Obligation to Accept. MEMBERS All offers to subscribe to Membership Interests are subject to acceptance by the Managers.
No Obligation to Accept. Energy ------------------------------
A. During periods in which SELLER has reduced or suspended deliveries of electricity as requested by HELCO or if the Facility has been separated from HELCO's electrical system pursuant to Section 4.1 in circumstances described in Section 4.1A, HELCO shall have no obligation to accept any energy which might otherwise have been received from the Facility during such period, and HELCO shall have no obligation to pay for energy which otherwise would have been available or received from the Facility during such period, and the Facility shall be considered unavailable during such period for purposes of calculating SELLER's EAF or other performance standards.
B. During periods in which SELLER has reduced or suspended deliveries of electricity as requested by HELCO pursuant to Section 4.1, in circumstances described in Section 4.1B, HELCO shall have no obligation to accept any energy which otherwise would have been received from the Facility during such period. However, HELCO shall pay for energy (to the extent accepted) in accordance with Section 5.1, and the duration of the period of separation will not be counted against SELLER's EAF or EFOR or for the purpose of calculating any other performance standard.
C. SELLER shall be paid the Capacity Charge regardless of whether SELLER has reduced or suspended deliveries of electricity pursuant to Section 4.1, in circumstances described in either Section 4.1A or Section 4.
No Obligation to Accept. Instructions or Process Transactions - While we will always endeavour to comply with your Instructions or the Instructions of your Authorised Signatories as quickly as possible, there may be circumstances in which we are unable to do so. Therefore, we always reserve the right to refuse to accept your Instructions or to process any Transactions and to do so without giving you any reasons and without incurring any liability to you for any resultant loss or damages incurred by you or any other party.
No Obligation to Accept. HiFX is under no obligation to accept any application which resulted from a referral to it by the Referrer.
No Obligation to Accept. This agreement does not constitute a commitment by the Company, the Company's shareholders and the Company's management to accept any of the Transactions proposed or offered to the Company by Cukierman & Co.
No Obligation to Accept. (a) The Purchaser is not obliged to accept Delivery of the Equipment at any time other than the Time for Delivery or at any place other than the Point of Delivery. The Supplier is responsible for holding and storing the Equipment until the Time for Delivery.
(b) If the Purchaser or any of its representatives signs a delivery docket or other document required by the Supplier to acknowledge delivery, the Purchaser will not be taken to have accepted the Equipment as being in accordance with the terms of this Contract (whether as to quantity or quality). This applies despite any terms and conditions appearing on any such acknowledgment of delivery.
No Obligation to Accept. WIRE TRANSFER INSTRUCTIONS; AVAILABLE BALANCES. We will not be obligated to accept any wire transfer instruction and we will act only on those wire transfer instructions which we accept. We will be deemed to have accepted a wire transfer instruction only by executing it. We may reject a wire transfer instruction for any reason, and we may impose conditions which must be satisfied before we accept a wire transfer instruction. We may communicate a rejection of your wire transfer instructions by any reasonable means, including, but not limited to, verbal, telephone or electronic means, mail, or otherwise. We will incur no liability for our failure to give you notice. Our failure to give you notice of the rejection of your wire transfer instructions will not result in, or be deemed an acceptance by us of, your wire transfer instruction. We will not be obligated at any time to execute a wire transfer instruction in an amount in excess of the total available balance on deposit in your designated account. The processing of wire transfer instructions submitted through Commercial Advantage or Digital Banking may be additionally subject to the daily Aggregate Limits as described in section 20.6.(c) of this Agreement.