SECTION 1501 Clause Samples
SECTION 1501 typically refers to a clause that outlines the general conditions or administrative provisions applicable to a contract or agreement. This section often sets forth the basic rules governing the interpretation of the contract, the responsibilities of the parties, and the procedures for communication or documentation. For example, it may specify how notices must be delivered, how amendments are to be made, or how disputes are to be handled. The core function of SECTION 1501 is to establish a clear framework for managing the contractual relationship, thereby reducing ambiguity and helping prevent misunderstandings between the parties.
SECTION 1501. Purposes for Which Meetings May Be Called..............79 SECTION 1502. Call, Notice and Place of Meetings.....................79 SECTION 1503. Persons Entitled to Vote at Meetings...................80 SECTION 1504. Quorum; Action.........................................80
SECTION 1501. Purposes For Which Meetings May Be Called . . . . . . . . . .77 SECTION 1502. Call, Notice and Place of Meetings. . . . . . . . . . . . . .77 SECTION 1503. Persons Entitled to Vote at Meetings. . . . . . . . . . . . .77
SECTION 1501. Applicability of Article; Company's Option to Effect Defeasance or Covenant Defeasance.............................................................................67
SECTION 1501. Purposes for Which Meetings May Be Called.......... 70
SECTION 1501. Securities Subordinate to Senior Debt........................................... 69 SECTION 1502. Payment Over of Proceeds Upon Dissolution, Etc.................................. 69 SECTION 1503. Prior Payment to Senior Debt Upon Acceleration of Securities.................... 70 SECTION 1504. No Payment in Certain Circumstances............................................. 71
SECTION 1501. Securities Subordinate to Senior Indebtedness......................... 67 SECTION 1502. Payment Over of Proceeds of Securities.. 67 SECTION 1503. Disputes with Holders of Certain Senior Indebtedness.................. 69
SECTION 1501. Exemption from Individual Liability...........................75 INDENTURE, dated as of December 1, 1997, between NorAm Energy Corp., a corporation duly organized and existing under the laws of the State of Delaware (herein called the "Company"), having its principal office at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, and Texas Commerce Bank National Association, a national banking association duly organized and existing under the laws of the United States of America, as Trustee (herein called the "Trustee").
SECTION 1501. Securities Subordinate to Senior Indebtedness. . . . . . . . . . . . . . . . . . . . 67
SECTION 1501. The employer agrees not to enter into any Agreement or Contract with his Employees, 15 individually or collectively, which is inconsistent with the terms of a Collective Bargaining 16 Agreement then in effect.
SECTION 1501. Company's Option to Effect Defeasance or Covenant Defeasance.............................73 SECTION 1502. Defeasance and Discharge.................................................................73