Legal Effect definition

Legal Effect means the requirements of the implementing body to fulfill the policy. As discussed in detail in Section 16.1 (Legal Effect of Policies), the policies in the Source Protection Plan have one of three types of legal effect – “must conform/comply with” policies, “have regard to policies”, and “non‐legally binding” policies.

Legal Effect. This Agreement constitutes, and any instrument, document or agreement required hereunder when delivered hereunder will constitute, legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms.

Legal Effect. This MOU shall be binding on the Parties, subject to the Due Diligence Period (and, if applicable, the Fifteen-Day Period) as outlined herein, the approval of the Board of Directors of CDP and Cadim (to be obtained on or prior to the expiration of the Due Diligence Period) and the execution of mutually acceptable definitive documentation. In the event that (a) the transaction is not approved by the respective decision making entities of CDP and Cadim during the Due Diligence Period or (b) definitive Transaction Documents and definitive agreements related to the Cadim PGI Loan and the Cadim Mezzanine Loan (or, if applicable, the Alternative Mezzanine Loan) are not executed during the Due Diligence Period (and, if applicable, the Fifteen-Day Period), then in either such event, this MOU shall be null and void and shall have no legal effect except for the Representations and the Indemnification clauses set forth below.

Legal Effect means any impact on a person’s legal status or their legal rights.

Legal Effect means the requirements of the implementing body to fulfill the policy. The policies in the Source Protection Plan have one of three types of legal effect: “must conform/comply with” policies, “have regard to policies”, and “non-legally binding” policies. An explanation of which policies fall under each legal effect provision can be found in Appendix D;

Legal Effect means that the ordinance, resolution, permit, license or other grant of approval (collectively, "permit") in question, has been adopted by City and that all applicable administrative appeal periods and statutes of limitations have run and that the permit has not been overturned or otherwise rendered without legal and/or equitable force and effect by a court of competent jurisdiction or other tribunal with final and binding decision authority.

Legal Effect. This Agreement shall constitute the operative agreement between FibroGen and Astellas and shall be in full force and effect as of its execution by the parties. The parties shall make best efforts to enter into a more detailed collaboration agreement reflecting more fully the terms and conditions of this Agreement (the “Detailed Commercialization Agreement”) within ninety (90) days of the execution of this Agreement unless mutually extended. If the parties do not enter into a Detailed Commercialization Agreement in such period, then this Agreement shall become the final operative agreement governing the relationship between the parties. Limitation of Liability: IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR INCIDENTAL, CONSEQUENTIAL, INDIRECT, PUNITIVE OR SPECIAL DAMAGES OF THE OTHER PARTY ARISING OUT OF OR RELATED TO THIS AGREEMENT, HOWEVER CAUSED, UNDER ANY THEORY OF LIABILITY EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. This Agreement constitutes the entire understanding between the parties with respect to the subject matter hereof. No modification or waiver of this Agreement will be effective unless in writing and signed by both parties hereto. If any provision of this Agreement should be held invalid or unenforceable, the remaining provisions will be unaffected and will remain in full force and effect, to the extent consistent with the intent of the parties as evidenced by this Agreement as a whole. Titles and headings are for convenience only and are not to be used for interpreting this Agreement. This Agreement is governed by the laws of the State of California, excluding application of, or reference to, its conflicts of laws principles. This Agreement may not be assigned, in whole or in part, except (a) in connection with the merger, acquisition or sale of a party or of the business of such party to which this Agreement relates or (b) with the prior written consent of the other party. Subject to the foregoing, this Agreement shall inure to the benefit of and bind parties and their respective successors and permitted assigns. The relationship of the parties under this Agreement is that of independent contractors, and nothing contained in this Agreement shall be construed to (a) give either party the power to direct or control the day-to-day activities, expressly including marketing activities, of the other, (b) constitute the parties as partners, joint venturers, co-owners or otherwise as participants in a joint or common undertaking, or (c) all...

Legal Effect means people undertaking land use activities will both benefit from and need to comply with the rules of the PDP, or seek consent to breach or infringe them. Consent will also need to be obtained under any relevant rule in the ODP until the equivalent provisions in the PDP are made operative or treated as operative.

Legal Effect. This MOU shall be binding on the Parties, subject to the Due Diligence Period as outlined herein, the approval of the Board of Directors of CDP and Cadim (to be obtained on or prior to the expiration of the Due Diligence Period) and the execution of mutually acceptable definitive documentation. In the event that (a) the transaction is not approved by the respective decision making entities of CDP and Cadim no later than thirty (30) days after PGE has signed the PGE SSA, or (b) definitive documentation is not executed within thirty (30) days from the execution of the PGE SSA, then in either such event, this MOU shall be null and void and shall have no legal effect except for the Representations and the Indemnification clauses set forth below.