Common use of No Retroactive Effect Clause in Contracts

No Retroactive Effect. In accordance with Article 5.147 of the Civil Code, the fulfilment of the Conditions Precedent shall not have retroactive effect.

Appears in 4 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Compagnie Maritime Belge NV), Share Purchase Agreement

No Retroactive Effect. In accordance with Article 5.147 Notwithstanding section 1179 of the Civil Code, the fulfilment of the Conditions Precedent shall not have no retroactive effect.

Appears in 1 contract

Sources: Share Purchase Agreement (Navigators Group Inc)