Standalone Basis Clause Samples

The 'Standalone Basis' clause establishes that a particular agreement or provision is to be interpreted and enforced independently of any other agreements or related documents. In practice, this means that the rights and obligations set out in the clause or contract are not affected by the existence, validity, or enforceability of other contracts between the parties. For example, if two companies have multiple contracts together, a Standalone Basis clause ensures that a dispute or termination in one contract does not automatically impact the others. This clause is essential for maintaining the integrity of individual agreements and preventing unintended cross-liability or confusion between separate contractual arrangements.
Standalone Basis. Whenever it is necessary to determine the liability of Genco or any Subsidiary of Genco for Taxes, such liability shall be computed as if Genco or such Subsidiary of Genco was not a member of Seller's consolidated, affiliated, combined or unitary group for Tax purposes.
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Standalone Basis. Whenever it is necessary to determine the liability of any Company or any Subsidiary of a Company for Taxes, such liability shall be computed as if such Company or such Subsidiary of a Company was not a member of Sithe's or Genco's consolidated, affiliated, combined or unitary group for Tax purposes.
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Related to Standalone Basis

  • Settlement Date Basis For purposes of this Agreement, all determinations of whether an investment is to be included as a Portfolio Investment shall be determined on a settlement-date basis (meaning that any investment that has been purchased will not be treated as a Portfolio Investment until such purchase has settled, and any Portfolio Investment which has been sold will not be excluded as a Portfolio Investment until such sale has settled); provided that no such investment shall be included as a Portfolio Investment to the extent it has not been paid for in full.

  • Cash Basis and Budget Laws The right of the City to enter into this Agreement is subject to the provisions of the Cash Basis Law (K.S.A. 10-1112 and 10-1113), the Budget Law (K.S.A. 79-2935), and all other laws of the State of Kansas. This Agreement shall be construed and interpreted so as to ensure that the City shall at all times stay in conformity with such laws, and as a condition of this Agreement the City reserves the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement may be deemed to violate the terms of such laws.

  • Interest Rate Basis Interest on this Note will be determined by reference to the applicable Interest Rate Basis or Interest Rate Bases, which may, as described below, include the CD Rate, the CMT Rate, the Commercial Paper Rate, the Constant Maturity Swap Rate, the Federal Funds Open Rate, the Federal Funds Rate, LIBOR, the Prime Rate or the Treasury Rate (each as defined below).

  • Adjusted Quick Ratio A ratio of (i) Quick Assets to (i) Current Liabilities minus the current portion of Deferred Revenue of at least 1.15 to 1.00.

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.