Precedential effect Sample Clauses

The "Precedential effect" clause defines whether and how the terms, decisions, or interpretations made under a particular agreement will influence or bind future agreements or disputes between the parties. In practice, this clause may specify that a resolution or interpretation in one contract does not set a binding precedent for future contracts, or conversely, that it does establish a standard to be followed in subsequent dealings. Its core function is to manage expectations and legal certainty by clarifying whether past decisions will shape future rights and obligations, thereby preventing unintended consequences or disputes over consistency.
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Precedential effect. If the parties mutually agree that the Step Two decision resolves a continuing or recurring issue that may arise in subsequent grievances, then they may designate the decision as precedent-setting with binding effect in any subsequent grievance proceeding, arbitration, or other proceeding over the same continuing or recurring issue.
Precedential effect. The determination made with respect to any Adverse Determination pursuant to any internal appeal and External Review process referenced in this § 7.11 shall not act as precedent as to any other Medical Necessity or experimental or investigational determination under this § 7.11.
Precedential effect. Except as otherwise indicated above, this Settlement Agreement is non- precedential with respect to any future proceeding and its terms may not be referred to in any future proceeding before the Commission for the purpose of supporting any specific approach to any issue. Notwithstanding the foregoing, the rights and obligations established by this Settlement Agreement may be enforced, by any Party, in any future rate case or other proceeding, and this Settlement Agreement may be referred to, and introduced, for that sole purpose and no other.
Precedential effect. This IGA, the Facility Permit, any Storage Permits, and Recovery Permits or any actions taken or any determinations made by the Participants or ADWR in furtherance thereof regarding the validity, invalidity, nature, legal character, extent or relative priority of a water right or source of water is not binding on the Participants for any other purpose, and shall not create a presumption of the validity, invalidity, nature, legal character, extent or relative priority of a water right or water source in any other administrative proceeding or any judicial proceeding, other than in an action to enforce this IGA. This IGA, the Facility Permit, any Storage Permits, the Recovery Permits, or any actions taken in furtherance thereof shall in no way preclude any Participant from applying for or challenging any future facility permits, or any storage or recovery permits associated with any future facility permit issued pursuant to A.R.S. § 45-801.01 et seq, or waive any legal objection or theory that may be raised in support of or against such application.

Related to Precedential effect

  • Legal Effect This Agreement constitutes, and any instrument or agreement Borrower is required to give under this Agreement when delivered will constitute legal, valid, and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms.

  • FINANCIAL EFFECTS The execution of the Agreement is not expected to have any material effect on the earnings, net assets, gearing, share capital and substantial shareholders’ shareholdings of the Company for the financial year ending 30 June 2020.

  • Tax Effect The federal tax consequences of stock options are complex and subject to change. Each person should consult with his or her tax advisor before exercising any Option or disposing of any Shares acquired upon the exercise of an Option.

  • Performance of Agreement Purchaser shall have performed in all material respects all obligations and agreements and complied in all material respects with all covenants and conditions contained in this Agreement to be performed or complied with by it at or prior to the Closing Date.

  • ALTERATION OF AGREEMENT A. It is hereby agreed that any alteration or modification of this Agreement shall be binding upon the parties only if agreed to in writing by both parties. B. The waiver of any condition of this Agreement by either party shall not constitute a precedent in the future enforcement of all terms and conditions herein.