Common use of RESOLUTIVE CONDITION Clause in Contracts

RESOLUTIVE CONDITION. 5.1. In the event that the Customer is a legal entity that is not registered in South Africa and/or any SA being contemplated at the time of signing this Agreement involves payment to DMB Data in a currency other than South African Rand, this Agreement shall be subject to the Resolutive Condition that DMB Data obtains the necessary approval from South African Reserve Bank by no later than 17h00 on a date which is six (6) months after the Effective Date. 5.2. The cessation of the Agreement in terms of clause 5.1 shall, unless the Parties otherwise agree in writing, not affect any liability incurred by the Parties prior to the date of cessation hereof. 5.3. The Parties will co-operate in good faith to procure the fulfillment of the Resolutive Condition as soon as reasonably possible after the Effective Date. 5.4. The Resolutive Condition may not be waived, in whole or in part, by the Parties. The Parties may however, extend the relevant date for fulfillment thereof set out in clause 5.1 to such later date as may be agreed in writing between the Parties. 5.5. Neither of the Parties will, subject to clause 5.2, have any claim against the other in terms hereof or arising from the failure of the Resolutive Condition, save for any claims arising from a breach of clause 5.3.

Appears in 3 contracts

Sources: Service Agreement, Service Agreement, Service Agreement

RESOLUTIVE CONDITION. 5.1. 7.1 In the event that the Customer [●] is a legal entity that is not registered in South Africa and/or any SA Rates being contemplated at the time of signing this Agreement involves payment to DMB Data in a currency other than South African Rand, this Agreement shall be subject to the Resolutive Condition that DMB Data Neotel obtains the necessary approval from South African Reserve Bank by no later than 17h00 on a date which is six (6) months after the Effective Signature Date. 5.2. 7.2 The cessation of the Agreement in terms of clause 5.1 7.1 shall, unless the Parties otherwise agree in writing, not affect any liability incurred by the Parties prior to the date of cessation hereof. 5.3. 7.3 The Parties will co-operate in good faith to procure the fulfillment fulfilment of the Resolutive Condition as soon as reasonably possible after the Effective Signature Date. 5.4. 7.4 The Resolutive Condition may not be waived, in whole or in part, by the Parties. The Parties may however, extend the relevant date for fulfillment fulfilment thereof set out in clause 5.1 7.1 to such later date as may be agreed in writing between the Parties. 5.5. 7.5 Neither of the Parties will, subject to clause 5.21.1, have any claim against the other in terms hereof or arising from the failure of the Resolutive Condition, save for any claims arising from a breach of clause 5.37.3.

Appears in 1 contract

Sources: Interconnection Agreement

RESOLUTIVE CONDITION. 5.16.1. In the event that the Customer is a legal entity that is not registered in South Africa and/or any SA being contemplated at the time of signing this Agreement involves Services involve payment to DMB Data Vlocity in a currency other than South African Rand, this Agreement shall be subject to the Resolutive Condition resolutive condition that DMB Data Vlocity obtains the necessary approval from South African Reserve Bank by no later than 17h00 on a date which is six (6) months after the Effective Date. 5.26.2. The cessation of the Agreement in terms of clause 5.1 6.1 shall, unless the Parties otherwise agree in writing, not affect any liability incurred by the Parties prior to the date of cessation hereof. 5.36.3. The Parties will co-operate in good faith to procure the fulfillment fulfilment of the Resolutive Condition resolutive condition as soon as reasonably possible after the Effective Date. 5.46.4. The Resolutive Condition resolutive condition may not be waived, in whole or in part, by the Parties. The Parties may however, extend the relevant date for fulfillment fulfilment thereof set out in clause 5.1 6.1 to such later date as may be agreed in writing between the Parties. 5.56.5. Neither of the Parties will, subject to clause 5.26.2, have any claim against the other in terms hereof or arising from the failure of the Resolutive Conditionresolutive condition, save for any claims arising from a breach of clause 5.36.3.

Appears in 1 contract

Sources: Master Services Agreement

RESOLUTIVE CONDITION. 5.16.1. In the event that the Customer is a legal entity that is not registered in South Africa and/or any SA being contemplated at the time of signing this Agreement involves Services involve payment to DMB Data Neotel in a currency other than South African Rand, this Agreement shall be subject to the Resolutive Condition resolutive condition that DMB Data Neotel obtains the necessary approval from South African Reserve Bank by no later than 17h00 on a date which is six (6) months after the Effective Date. 5.26.2. The cessation of the Agreement in terms of clause 5.1 6.1 shall, unless the Parties otherwise agree in writing, not affect any liability incurred by the Parties prior to the date of cessation hereof. 5.36.3. The Parties will co-operate in good faith to procure the fulfillment fulfilment of the Resolutive Condition resolutive condition as soon as reasonably possible after the Effective Date. 5.46.4. The Resolutive Condition resolutive condition may not be waived, in whole or in part, by the Parties. The Parties may however, extend the relevant date for fulfillment fulfilment thereof set out in clause 5.1 6.1 to such later date as may be agreed in writing between the Parties. 5.56.5. Neither of the Parties will, subject to clause 5.26.2, have any claim against the other in terms hereof or arising from the failure of the Resolutive Conditionresolutive condition, save for any claims arising from a breach of clause 5.36.3.

Appears in 1 contract

Sources: Master Services Agreement

RESOLUTIVE CONDITION. 5.1. 6.1 In the event that the Customer is a legal entity that is not registered in South Africa and/or any SA being contemplated at the time of signing this Agreement involves Services involve payment to DMB Data Liquid Telecom in a currency other than South African Rand, this Agreement shall be subject to the Resolutive Condition resolutive condition that DMB Data Liquid Telecom obtains the necessary approval from South African Reserve Bank by no later than 17h00 on a date which is six (6) months after the Effective Date. 5.2. 6.2 The cessation of the Agreement in terms of clause 5.1 6.1 shall, unless the Parties otherwise agree in writing, not affect any liability incurred by the Parties prior to the date of cessation hereof. 5.3. 6.3 The Parties will co-operate in good faith to procure the fulfillment fulfilment of the Resolutive Condition resolutive condition as soon as reasonably possible after the Effective Date. 5.4. 6.4 The Resolutive Condition resolutive condition may not be waived, in whole or in part, by the Parties. The Parties may however, extend the relevant date for fulfillment fulfilment thereof set out in clause 5.1 6.1 to such later date as may be agreed in writing between the Parties. 5.5. 6.5 Neither of the Parties will, subject to clause 5.26.2, have any claim against the other in terms hereof or arising from the failure of the Resolutive Conditionresolutive condition, save for any claims arising from a breach of clause 5.36.3.

Appears in 1 contract

Sources: Master Services Agreement

RESOLUTIVE CONDITION. 5.1. In the event that the Customer is a legal entity that is not registered in South Africa and/or any SA COF being contemplated at the time of signing this Agreement involves payment to DMB Data Neotel in a currency other than South African Rand, this Agreement shall be subject to the Resolutive Condition that DMB Data Neotel obtains the necessary approval from South African Reserve Bank by no later than 17h00 on a date which is six (6) months after the Effective Date. 5.2. The cessation of the Agreement in terms of clause 5.1 shall, unless the Parties otherwise agree in writing, not affect any liability incurred by the Parties prior to the date of cessation hereof. 5.3. The Parties will co-operate in good faith to procure the fulfillment fulfilment of the Resolutive Condition as soon as reasonably possible after the Effective Date. 5.4. The Resolutive Condition may not be waived, in whole or in part, by the Parties. The Parties may however▇▇▇▇ ver, extend the relevant date for fulfillment fulfilment thereof set out in clause 5.1 to such later date as may be agreed in writing between the Parties. 5.5. Neither of the Parties will, subject to clause 5.2, have any claim against the other in terms hereof or arising from the failure of the Resolutive Condition, save for any claims arising from a breach of clause 5.3.

Appears in 1 contract

Sources: Master Services Agreement

RESOLUTIVE CONDITION. 5.1. 7.1 In the event that the Customer [●] is a legal entity that is not registered in South Africa and/or any SA Rates being contemplated at the time of signing this Agreement involves payment to DMB Data in a currency other than South African Rand, this Agreement shall be subject to the Resolutive Condition that DMB Data Neotel obtains the necessary approval from South African Reserve Bank by no later than 17h00 on a date which is six (6) months after the Effective Date.Signature Date.‌‌ 5.2. 7.2 The cessation of the Agreement in terms of clause 5.1 7.1 shall, unless the Parties otherwise agree in writing, not affect any liability incurred by the Parties prior to the date of cessation hereof. 5.3. 7.3 The Parties will co-operate in good faith to procure the fulfillment fulfilment of the Resolutive Condition as soon as reasonably possible after the Effective Signature Date. 5.4. 7.4 The Resolutive Condition may not be waived, in whole or in part, by the Parties. The Parties may however, extend the relevant date for fulfillment fulfilment thereof set out in clause 5.1 7.1 to such later date as may be agreed in writing between the Parties. 5.5. 7.5 Neither of the Parties will, subject to clause 5.27.1, have any claim against the other in terms hereof or arising from the failure of the Resolutive Condition, save for any claims arising from a breach of clause 5.37.3.

Appears in 1 contract

Sources: Interconnection Agreement