Signatory Status Sample Clauses

The Signatory Status clause defines who is authorized to sign the agreement on behalf of each party. It typically requires that the individuals executing the contract have the necessary authority or legal capacity to bind their respective organizations. This clause helps prevent disputes over the validity of the agreement by ensuring that only duly authorized representatives can commit the parties to the contract's terms.
Signatory Status. Upon the request of any airport authority at any Service City served by an Operator hereunder and subject to Delta’s prior written consent, such Operator shall enter into an operating permit or similar agreement with such airport authority to permit such Operator to serve such Service City. In all such events, subject to Delta’s prior written consent, each Operator shall take all actions required to obtain signatory status at any Service City served by it hereunder and shall perform all conditions required by the applicable airport authority to obtain such status, including without limitation the posting of a bond or letter of credit and furnishing evidence of insurance coverage as may be required by such airport authority, provided that any expenses incurred in obtaining such signatory status shall constitute Direct Expenses of such Operator hereunder for which such Operator shall be reimbursed by Delta pursuant to Exhibit A, Section 1.03 hereof. In the event an Operator qualifies as a signatory carrier at any Service City served by it hereunder, such Operator agrees to vote on any matter submitted to the signatory carriers at such Service City for a vote as directed by Delta. All costs and continuing liabilities, including fiscal year shortfall adjustments, associated with such Operator’s obligations under such operating permit or similar agreement to pay landing fees, common use charges or other rates, charges and fees to the airport operator the Signatory obligations of such Operator shall be included in Direct Expense during the Term, and any such obligations payable after the term of the Agreement shall be paid upon invoice from such Operator to Delta. If an Operator is unable to terminate the operating permit or similar agreement conferring signatory status without cause and without penalty effective upon termination of the Agreement, if requested by such Operator, Delta will cooperate with such Operator to transfer such Operator’s signatory obligations to Delta, when permitted by the airport authority.
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Signatory Status. The Employer shall not subcontract work except to: (i) a subcontractor signatory to this Agreement, or (ii) a subcontractor signatory to another collective agreement with the Union which governs the equivalent work jurisdiction, or (iii) an eligible “non-signatory” subcontractor in accordance with Articles
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Signatory Status. If you are signatory to a Union, list the Name and Local # below. If not signatory, note N/A. 6. 7. 8.
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Related to Signatory Status

  • Regulatory Status The Local Manager is authorised and regulated by the Financial Services Authority (the “FSA”), the UK supervisory authority whose registered office is at 25 The North Colonnade, Canary ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇.

  • Non-Fiduciary Status The Fund hereby acknowledges and agrees that the Custodian is not a fiduciary by virtue of accepting and carrying out its obligations under this Agreement, is not acting as a collateral agent and has not accepted any fiduciary duties, responsibilities or liabilities with respect to its services hereunder.

  • Company Status The Company is a corporation duly formed and validly existing under the general laws of the State of Maryland, with all requisite power and authority to enter into this Agreement and to carry out its obligations hereunder.

  • Pay Status An aggrieved employee and the Union Delegate shall be in a pay status during those working hours in which a grievance, a grievance mediation, or an arbitration hearing is held. Release time for additional employee representation shall be subject to approval by the Labor Relations Officer or designee when a group grievance is filed.

  • Probationary Status This article shall not apply to an employee in probationary status who shall have no right to grieve or arbitrate release from such probationary appointment.