Right to charge Clause Samples

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Right to charge. Solely in order to secure loans to meet their respective contributions toward the Construction Costs and Production Costs, the Participants shall each be entitled to pledge, mortgage, charge or otherwise encumber, as security for financing their respective contributions, the Property and Assets to the extent of their respective Interests; provided, however, that that security shall not be given by any Party unless the proposed pledgee, mortgagee or holder of the charge or encumbrance (herein called the "Bank") is a Canadian chartered bank or other type of financial institution acceptable to the other Participants and the Bank first undertakes in writing with all the other Participants, in form reasonably satisfactory to counsel for the Operator and binding upon the Bank, that: (a) the Bank will not enter into possession or institute any proceedings for foreclosure or partition of an encumbering Participant's Interest and that security shall be subject to the provisions of this Agreement; and (b) the Parties shall use their reasonable commercial efforts to limit the Bank's remedies under that security to the sale of the whole (but only of the whole) of the encumbering Participant's Interest held under that security to the other Participants, if more than one then in proportion to their respective Interests at that time or, with their unanimous consent, to any one or more of them, or failing any sale as aforesaid, by a sale at a public auction to be held after 60 calendar days' prior notice to the other Participants; provided, however, that, as a condition of the sale, the purchaser shall, prior to completing the purchase, deliver to the Parties notice, in form reasonably satisfactory to counsel for the Operator, that the purchaser: (i) assumes all the obligations of the encumbering Participant in connection with this Agreement; and (ii) will be bound by this Agreement.
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Right to charge. If the Tenant fails to pay or perform any obligation to be paid or performed by the Tenant as provided in this Lease with respect to ad valorem property taxes or to any other obligation non-payment or non-performance of which could give rise to a Lien against the Land, the Landlord may make the payment or perform the obligation, and the Tenant on demand will pay the Landlord as additional Rent the amount reasonably paid, or the reasonable cost of the performance, plus interest at the rate of eighteen percent a year from the date of the payment or performance of the Landlord, and reasonable fees of lawyers.
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Right to charge. The PHO and its Contracted Providers may charge Service Users in accordance with the fees framework set out in clause F.22.
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Right to charge. Licensor reserves the right to charge Licensee additional fees at its then prevailing rates upon occurrence of any of the following events, and only if Licensee actions, omissions or failures have caused Licensor to provide additional support services than ordinarily required or that is industry standard: (i) Licensee has failed to adhere to the terms of this Agreement; (ii) Licensee has failed to follow previous maintenance and support instructions from Licensor; or (iii) Upon investigation it emerges that the reported fault has been caused by actions of Licensee not related to the Software.
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Right to charge. The restrictions on assignment contained in this clause will not in any way prevent the Seller from pledging, mortgaging, encumbering or assigning by way of security its rights under this Agreement for the purpose of securing the payment of moneys borrowed or guaranteed or other financial accommodation. The party to whom such security is to be provided must covenant in writing with the Buyer acknowledging the rights of the Buyer under this Agreement. 26 Notices 26.1 Method of notice (a) All notices, consents, requests or notifications authorised or required to be given by one Party to another under this Agreement (Notice) must be in writing, unless otherwise specifically provided, and sent to the intended
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Right to charge. I hereby voluntarily and of my own volition give Concessionaire the right to immediately charge my credit card in the event there is any damage to, accident or incident of any kind regarding the rented watercraft during the rental period. This includes damages done to the rental watercraft, motor, or equipment as a result of beaching, running aground, reckless operation, negligence, equipment loss, or violation of the rules. I understand that Concessionaire will conduct an estimate for repairs by a licensed repair company of their choosing and provide me with a copy for review. I further covenant and agree not to challenge the charge on my credit card with the bank or financial institution issuing my card. I recognize that Concessionaire has a good faith basis for requiring this provision as it is the only way to protect them from me canceling my credit card or challenging the charges in the event of damages to the watercraft.
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Related to Right to charge

  • OWNER’S RIGHT TO CARRY OUT THE WORK If the Contractor defaults or neglects to carry out the Work in accordance with the Contract Documents and fails within a ten (10)-calendar day period after receipt of written notice from the Owner to commence and continue correction of such default or neglect with diligence and promptness, the Owner may, without prejudice to other remedies the Owner may have, correct such deficiencies. In such case an appropriate Change Order shall be issued deducting from payments then or thereafter due the Contractor the reasonable cost of correcting such deficiencies, including Owner’s expenses and compensation for the Architect’s additional services made necessary by such default, neglect or failure. Such action by the Owner and amounts charged to the Contractor are both subject to prior approval of the Architect. If payments then or thereafter due the Contractor are not sufficient to cover such amounts, the Contractor shall pay the difference to the Owner.

  • BUYER’S RIGHT TO CANCEL If after completion of an appraisal by a licensed appraiser, Buyer receives written notice from the Lender or the appraiser that the Property has appraised for less than the Purchase Price (a “Notice of Appraised Value”), Buyer may cancel the REPC by providing written notice to Seller (with a copy of the Notice of Appraised Value) no later than the Financing & Appraisal Deadline referenced in Section 24(c); whereupon the ▇▇▇▇▇▇▇ Money Deposit shall be released to Buyer without the requirement of further written authorization from Seller.

  • Right to Set Off Notwithstanding anything to the contrary in this License Agreement, each Party has the right at all times to retain and set off against all amounts due and owing to the other Party as determined in a final judgment any damages recovered by such Party for any Losses incurred by such Party.

  • Right to Cancel You have a right to cancel this Agreement for a period of fourteen (14) days commencing on the date on which this Agreement is concluded or the date on which you receive this Agreement (whichever is later) (the “ Cancellation Period”). Should you wish to cancel this Agreement within the Cancellation Period, you should send notice in writing or electronically to the addresses found in contact us section of our website. Cancelling this Agreement within the Cancellation Period will not cancel any Transaction entered into by you during the Cancellation Period. If you fail to cancel this Agreement within the Cancellation Period you will be bound by its terms but you may terminate this Agreement in accordance with Clause 17 (Termination Without Default).

  • STATE'S RIGHT TO CARRY OUT THE WORK 3.4.1 If the Contractor defaults or neglects to carry out the Work in accordance with the Contract Documents and fails within seven days after receipt of written notice from the State to commence and continue correction of such default or neglect with diligence and promptness, the State may, after seven days following receipt by the Contractor of an additional written notice and without prejudice to any other remedy he may have, make good such deficiencies. In such case an appropriate Change Order shall be issued deducting from the payments then or thereafter due the Contractor the cost of correcting such deficiencies, including compensation for the Architect's and the State’s additional services made necessary by such default, neglect or failure. Such action by the State and the amount charged to the Contractor are both subject to review by the Architect under Paragraph 2.2.14 of these General Conditions. If the payments then or thereafter due the Contractor are not sufficient to cover the amounts paid by the State to make good such deficiencies, then the Contractor shall pay the difference to the Owner.