Previously in Possession Sample Clauses

The "Previously in Possession" clause establishes that a party had prior possession or control of certain property or assets before the current agreement or transaction. In practice, this clause may be used to clarify ownership history, resolve disputes about who held the property at a specific time, or determine responsibility for any issues that arose before the transfer. Its core function is to provide a clear record of possession, thereby reducing ambiguity and potential conflicts regarding the status or condition of the property prior to the agreement.
Previously in Possession. The disclosing Person (i) demonstrates through written records that the same Company Information was in its possession before disclosure to it and (ii) the disclosing Person provided the Company and each Member with written notice of prior possession either (A) before the execution and delivery of this Agreement or (B) if the disclosing Person later becomes aware of (through disclosure by the Company or otherwise) some aspect of the Company Information as to which it had prior possession, promptly upon its becoming aware of the Company Information;
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Previously in Possession. The disclosing person (i) demonstrates through written records that the same Series Information was in its possession before disclosure to it and (ii) the disclosing person provided the Series and each Member and Manager with written notice of prior possession either (A) before the execution and delivery of this Agreement or (B) if the disclosing person later becomes aware of (through disclosure by the Series or otherwise) some aspect of the Series Information as to which it had prior possession, promptly upon its becoming aware of the Series Information;
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Previously in Possession. The disclosing party (i) demonstrates through written records that the same Confidential Information was in its possession before disclosure to it and (ii) the disclosing party provided the other party with written notice of prior possession either (A) before the execution and delivery of this Agreement or (B) if the disclosing party later becomes aware of some aspect of the Confidential Information as to which it had prior possession, promptly upon its becoming aware of the Confidential Information;
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Previously in Possession. The Recipient (A) demonstrates through written records that the same Protected Information was in its possession prior to disclosure to it and (B) the Recipient provided the Discloser with written notice of such prior possession either (1) prior to the execution and delivery of this Agreement or (2) if the Recipient later becomes aware of (through disclosure by the Discloser or otherwise) some aspect of the Protected Information as to which it had prior possession, promptly upon its becoming aware of the Protected Information;
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Related to Previously in Possession

  • DELAY IN POSSESSION If for any reason Lessor cannot deliver possession of the Premises to Lessee by the Early Possession Date, if one is specified in Paragraph 1.4, or if no Early Possession Date is specified, by the Commencement Date, Lessor shall not be subject to any liability therefor, nor shall such failure affect the validity of this Lease, or the obligations of Lessee hereunder, or extend the term hereof, but in such case, Lessee shall not, except as otherwise provided herein, be obligated to pay rent or perform any other obligation of Lessee under the terms of this Lease until Lessor delivers possession of the Premises to Lessee. If possession of the Premises is not delivered to Lessee within sixty (60) days after the Commencement Date, Lessee may, at its option, by notice in writing to Lessor within ten (10) days after the end of said sixty (60) day period, cancel this Lease, in which event the parties shall be discharged from all obligations hereunder; provided further, however, that if such written notice of Lessee is not received by Lessor within said ten (10) day period, Lessee's right to cancel this Lease hereunder shall terminate and be of no further force or effect. Except as may be otherwise provided, and regardless of when the Original Term actually commences, if possession is not tendered to Lessee when required by this Lease and Lessee does not terminate this Lease, as aforesaid, the period free of the obligation to pay Base Rent, if any, that Lessee would otherwise have enjoyed shall run from the date of delivery of possession and continue for a period equal to the period during which the Lessee would have otherwise enjoyed under the terms hereof, but minus any days of delay caused by the acts, changes or omissions of Lessee.

  • Mortgagee in Possession Nothing herein contained shall be construed as constituting Mortgagee a mortgagee in possession in the absence of the actual taking of possession of the Premises by Mortgagee pursuant to this Mortgage.

  • Parties in Possession Except as disclosed on Exhibit B, there are no parties in possession of any Leased Property or any portion thereof as managers, lessees, tenants at sufferance, or trespassers.

  • No Mortgagee in Possession Neither the enforcement of any of the remedies under this Article 5, the assignment of the Rents and Leases under Article 6, the security interests under Article 7, nor any other remedies afforded to Mortgagee under the Loan Documents, at law or in equity shall cause Mortgagee or any other Secured Party to be deemed or construed to be a mortgagee in possession of the Mortgaged Property, to obligate Mortgagee or any other Secured Party to lease the Mortgaged Property or attempt to do so, or to take any action, incur any expense, or perform or discharge any obligation, duty or liability whatsoever under any of the Leases or otherwise.

  • Reconfirmed in Position Where a position is to be transferred into a new structure in the same location and grade, where there is one clear candidate for the position, the employee is to be confirmed in it. Where there is more than one clear candidate the position will be advertised with appointment made as per normal appointment procedures.