Where one of the Parties Clause Samples

The clause titled "Where one of the Parties" typically introduces a condition or scenario in which a specific action or consequence will apply to one of the parties involved in the agreement. It sets out the circumstances under which a party's rights, obligations, or liabilities may change, such as in the event of a breach, failure to perform, or occurrence of a specified event. For example, it might state what happens if one party fails to deliver goods on time or does not fulfill a contractual obligation. The core function of this clause is to clearly define the outcomes or procedures that follow when a particular party is affected by or responsible for a certain situation, thereby ensuring predictability and fairness in the contract's execution.
Where one of the Parties considers that it has a special status with respect to a specific disease or pest, it may request recognition of this status. The Party concerned may also request specific guarantees in respect of imports of animals and animal products, plants and plant products, and other related goods appropriate to the agreed status. The guarantees for specific diseases and pests shall be specified in Implementing Arrangement 4.
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Where one of the Parties commits a breach of this Agreement or fails to comply with any of the provisions hereof, then the Innocent Party shall be entitled to give the Defaulting Party 7 (seven) business days’ notice in writing to rectify such breach. If the Defaulting Party fails to comply with such notice then the Innocent Party shall forthwith be entitled, but not obliged, without prejudice to any other rights or remedies which they may have in law, including the right to claim damages: 11.1.1 to cancel this Agreement and upon such cancellation: a) if the defaulting party is the PURCHASER the SELLER shall be entitled to retain all amounts paid by the PURCHASER, excluding AUCTIONEER’s commission, as “roukoop” or as a genuine pre-estimate of damage suffered by the SELLER (relating to advertising and marketing of the SHARES); and b) if the defaulting party is the SELLER the PURCHASER shall be entitled to claim a full refund of all money paid in terms of this Agreement from the SELLER that it has paid and arising from the SELLER’s default; 11.1.2 to claim immediate performance and/or payment of all the defaulting party’s obligations in terms hereof.
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Related to Where one of the Parties

  • By the Parties Except as specifically provided in this SCIA, modifications of this SCIA shall not be effective unless agreed to in writing by both Parties in an amendment to this SCIA.

  • Role of the Parties Taboola acknowledges that Publisher is a Controller of Personal Data relating to its Visitors. Publisher acknowledges that Taboola shall also be an independent Controller of Personal Data that it processes about Visitors to provide its Services (both to Publisher and to Taboola’s other publishers). In no event shall the Parties process Personal Data that they each collect about Visitors as joint Controllers.

  • AGREEMENT OF THE PARTIES The language used in this Agreement will be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction will be applied against any party hereto. Neither Executive nor the Company shall be entitled to any presumption in connection with any determination made hereunder in connection with any arbitration, judicial or administrative proceeding relating to or arising under this Agreement.

  • Final Agreement of the Parties THIS AMENDMENT, THE CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES.

  • INFORMATION OF THE PARTIES Information of the Company Information of the Lessees