Validity Start Date Sample Clauses

The Validity Start Date clause establishes the specific date on which the terms and obligations of an agreement become effective. This clause typically identifies a calendar date or a triggering event, such as the signing of the contract or the completion of a prerequisite action, after which the contract's provisions are enforceable. By clearly defining when the agreement begins to operate, this clause ensures both parties are aware of their rights and responsibilities from a known point in time, thereby preventing disputes over when contractual duties commence.
Validity Start Date. Day on which GRTgaz’s obligations related to a Daily or Hourly Capacity come into force. The Validity Start Date for each Daily or Hourly Capacity is defined in Appendix 2 to the Contract.
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Related to Validity Start Date

  • Validity, etc The Agreement constitutes the legal, valid and binding obligation of the Collateral Custodian, enforceable against the Collateral Custodian in accordance with its terms, except as such enforceability may be limited by applicable Insolvency Laws and general principles of equity (whether considered in a suit at law or in equity).

  • Validity Period This FSA is valid for a time-defined period. Should the Service Operator be in breach of any terms of condition of the Agreement and fail to remedy the same in such manner and within such time as shall be specified in a written notice from SWD that the same be remedied, SWD may after expiry of such notice, terminate this Agreement by giving 30 days’ notice in writing to the Service Operator.

  • Validity and Construction The validity and construction of this Agreement shall be governed by the laws of the State of Utah.

  • Validity of this Agreement It shall not (i) permit the validity or effectiveness of this Agreement or any grant of Collateral hereunder to be impaired, or permit the Lien of this Agreement to be amended, hypothecated, subordinated, terminated or discharged, or permit any Person to be released from any covenant or obligation with respect to this Agreement and (ii) except as permitted by this Agreement, take any action that would permit the Lien of this Agreement not to constitute a valid first-priority perfected security interest (subject to Permitted Liens) in the Collateral.

  • Validity and Binding Nature Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.