SUPERSESSION AND EFFECTIVENESS Sample Clauses

The Supersession and Effectiveness clause establishes that the current agreement overrides and replaces any prior agreements or understandings between the parties regarding the same subject matter. In practice, this means that once the new contract becomes effective, any previous contracts, negotiations, or communications are no longer valid or enforceable unless specifically incorporated into the new agreement. This clause ensures clarity and prevents disputes by confirming that only the terms of the current agreement govern the parties' relationship moving forward.
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SUPERSESSION AND EFFECTIVENESS. 5.01 This Agreement supersedes any other agreement or understanding, written or oral, between the parties with respect to the matters covered hereunder, and it contains the entire understanding of the parties and all of the covenants and agreement between them with respect to West’s employment. 5.02 This Agreement shall be for the benefit of the parties to the Agreement, as well as their respective successors, heirs and assigns, it being understood, however, that this Agreement may be assigned only with the written consent of both parties. 5.03 The existence and effectiveness of this Agreement between the parties hereto does not preclude or otherwise interfere with employment of West by subsidiary corporations of Cap Rock Energy Corporation, or by any corporation organized by the Company’s Board of Directors for the benefit of the Company, or the receipt of compensation by West from any such corporations. 5.04 This Agreement shall become binding upon the parties from an as of the date of the execution.
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SUPERSESSION AND EFFECTIVENESS. 5.01 This Agreement supersedes any other agreement or understanding, written or oral, between the parties with respect to the matters covered hereunder, and it contains the entire understanding of the parties and all of the covenants and agreement between them with respect to ▇▇▇▇▇▇'▇ employment. 5.02 This Agreement shall be for the benefit of the parties to the Agreement, as well as their respective successors, heirs and assigns, it being understood, however, that this Agreement may be assigned only with the written consent of both parties. 5.03 The existence and effectiveness of this Agreement between the parties hereto does not preclude or otherwise interfere with employment of ▇▇▇▇▇▇ by subsidiary corporations of Cap Rock Electric Cooperative, Inc., or by any corporation organized by the Cooperative's Board of Directors for the benefit of the Cooperative, or the receipt of compensation by Pruitt from any such corporations. 5.04 This Agreement shall become binding upon the parties from an as of the date of the execution.
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SUPERSESSION AND EFFECTIVENESS. 5.01 This Agreement supersedes any other agreement or understanding, written or oral, between the parties with respect to the matters covered hereunder, and it contains the entire understanding of the parties and all of the covenants and agreements between them with respect to North's employment. 5.02 This Agreement shall bind and be for the benefit of the parties to the Agreement, as well as their respective successors, heirs and assigns, it being understood, however that this Agreement may be assigned only with the written consent of both parties. 5.03 The existence and effectiveness of this Agreement between the parties hereto does not preclude or otherwise interfere with employment of North by subsidiary corporations of Cap Rock Energy Corporation, or by any corporation organized by the Company's Board of Directors for the benefit of the Company, or the receipt of compensation by North from any such corporations. 5.04 This Agreement shall become binding upon the parties from an as of the date of the execution.
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SUPERSESSION AND EFFECTIVENESS. 8.01 This Agreement supersedes any other agreement or understanding, written or oral, between the parties with respect to the matters covered hereunder, and it contains the entire understanding of the parties and all of the covenants and agreements between them with respect to ▇▇▇▇’▇ employment. 8.02 This Agreement shall bind and be for the benefit of the parties to the agreement, as well as their respective successors, heirs and assigns, it being understood, however that this Agreement may be assigned only with the written consent of both parties. 8.03 The existence and effectiveness of this Agreement between the parties hereto does not preclude or otherwise interfere with employment of ▇▇▇▇ by subsidiary corporations of Cap Rock Energy Corporation, or by any corporation organized by the Company’s Board of Directors for the benefit of the Company, or the receipt of compensation by ▇▇▇▇ from any such corporations. 8.04 This Agreement shall become binding upon the parties from and as of the date of the execution.
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SUPERSESSION AND EFFECTIVENESS. 8.01 This Agreement supersedes any other agreement or understanding, written or oral, between the parties with respect to the matters covered hereunder, and it contains the entire understanding of the parties and all of the covenants and agreements between them with respect to Lyon’s employment. 8.02 This Agreement shall bind and be for the benefit of the parties to the agreement, as well as their respective successor, heirs and assigns, it being understood, however that this Agreement may be assigned only with the written consent of both parties. 8.03 The existence and effectiveness of this Agreement between the parties hereto does not preclude or otherwise interfere with employment of Lyon by subsidiary corporations of Cap Rock Energy Corporation, or by any corporation organized by the Company’s Board of Directors for the benefit of the Company, or the receipt of compensation by Lyon from any such corporations. 8.04 This Agreement shall become binding upon the parties from and as of the date of the execution.
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SUPERSESSION AND EFFECTIVENESS. 2.01 This Amendment supersedes any other agreement or understanding, written or oral, between the parties with respect to the matter covered hereunder. 2.02 This Amendment shall be for the benefit of the parties to the Amendment, as well as their respective successors and heirs. This Agreement may be assigned by the Company with the written consent of West. 2.03 This Amendment shall become binding upon the parties from and as of the date of its execution.
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Related to SUPERSESSION AND EFFECTIVENESS

  • Term and Effectiveness This Agreement shall become effective as of the first date written above. Once effective, this Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive one-year periods; provided that such continuance is specifically approved at least annually by: (i) the vote of the Board of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Independent Directors, in accordance with the requirements of the 1940 Act.

  • Filing and Effectiveness The Company shall file a Registration Statement relating to any Demand Registration as promptly as practicable, but in any event no later than sixty (60) days after receipt of a Demand Notice, with the SEC and use its reasonable best efforts to cause such Registration Statement to be declared effective as soon as practicable thereafter and to remain effective for a period of time reasonably required for the disposition of the Registrable Securities covered by such Registration Statement. If any Demand Registration is requested to be effected as a shelf registration pursuant to Rule 415 under the Securities Act by the Holders demanding such Demand Registration, the Company shall keep the Registration Statement filed in respect thereof effective for a period of six (6) months from the date on which the SEC declares such Registration Statement effective or such shorter period that will terminate when all Registrable Securities covered by such Registration Statement have been sold pursuant to such Registration Statement. The Company shall promptly, and in any event within ten (10) Business Days after receipt of a Demand Notice, notify all other Holders in writing of the receipt of such Demand Notice and each such other Holder shall have the right to have all or a part of such Holder’s Registrable Securities included in such registration thereof by delivering a written notice (a “Participating Notice”) to the Company within ten (10) Business Days after receipt of the aforementioned notice from the Company (each Holder that delivers a Participating Notice to the Company pursuant to this Section 3(b), a “Participating Demand Holder”). Each Participating Demand Holder shall specify in the Participating Notice the number of Registrable Securities that such Participating Demand Holder elects to include in such registration and the Company shall include in such registration all Registrable Securities requested by the Participating Demand Holders for inclusion as specified in the Participation Notices.

  • Counterparts and Effectiveness This Agreement may be executed in several counterparts, which shall be treated as originals for all purposes, and all so executed shall constitute one agreement, binding on all of the parties hereto, notwithstanding that all the parties are not signatory to the original or the same counterpart. Any such counterpart shall be admissible into evidence as an original hereof against each Person who executed it. The execution of this Agreement and delivery thereof by facsimile shall be sufficient for all purposes, and shall be binding upon any party who so executes.

  • Confirmation and Effect The provisions of the Credit Agreement (as amended by this First Amendment) shall remain in full force and effect in accordance with its terms following the effectiveness of this First Amendment, and this First Amendment shall not constitute a waiver of any provision of the Credit Agreement or any other Loan Document, except as expressly provided for herein. Each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof’, “herein”, or words of like import shall mean and be a reference to the Credit Agreement as amended hereby, and each reference to the Credit Agreement in any other document, instrument or agreement executed and/or delivered in connection with the Credit Agreement shall mean and be a reference to the Credit Agreement as amended hereby.

  • Continued Effectiveness The Company shall use its reasonable best efforts to keep any Shelf Registration Statement filed pursuant to Section 2.02(a) continuously effective under the Securities Act in order to permit the Prospectus forming a part thereof to be usable by Shelf Holders until the earliest of (i) the date as of which all Registrable Securities have been sold pursuant to the Shelf Registration Statement or another Registration Statement filed under the Securities Act (but in no event prior to the applicable period referred to in Section 4(3) of the Securities Act and Rule 174 thereunder), (ii) the date as of which each of the Shelf Holders is permitted to sell its Registrable Securities without Registration pursuant to Rule 144 without volume limitation or other restrictions on transfer thereunder and (iii) such shorter period as the Institutional Investors with respect to such Shelf Registration shall agree in writing (such period of effectiveness, the “Shelf Period”). Subject to Section 2.02(d), the Company shall not be deemed to have used its reasonable best efforts to keep the Shelf Registration Statement effective during the Shelf Period if the Company voluntarily takes any action or omits to take any action that would result in Shelf Holders not being able to offer and sell any Registrable Securities pursuant to such Shelf Registration Statement during the Shelf Period, unless such action or omission is (x) a Shelf Suspension permitted pursuant to Section 2.02(d) or (y) required by applicable law, rule or regulation.