Valid and Enforceable definition
Examples of Valid and Enforceable in a sentence
If the City disputes the notice, NYSDEC shall have 15 days from its receipt of the City’s response to determine, after consulting with the City, Executive Committee and Contracting Party, whether the permit condition requiring a Valid and Enforceable Program Contract has been violated and whether thereafter the City has missed a payment under such contract, and whether the City has not cured the failure to make such missed payment.
For purposes of this paragraph, a Valid and Enforceable Program Contract shall mean a contract (i) for which the City has appropriated sufficient funds to allow it to make payments as they become due and owing; (ii) which has been registered pursuant to section 328 of the City Charter; and (iii) which remains in full force and effect and enforceable under applicable law during the term required by this Agreement ("Valid and Enforceable Program Contract").
A failure by the City to comply with the permit condition requiring a Valid and Enforceable Program Contract for a program shall not be a violation of the permit if (i) the City continues to make timely payments for the program in accordance with the terms of this Agreement and the applicable program contract or (ii) the City has properly terminated the contract pursuant to the terms thereof and the City complies with its obligation to continue to fund or complete the subject program.
Whether the County’s Ordinance Complies with—and is Valid and Enforceable under—Section 5622(a) of the MAA despite DELCORA’s Exercise of the Power to Contract pursuant to Section 5607 of the MAA8 The County argues that, pursuant to section 5622(a) of the MAA, it has the unfettered and unilateral right to terminate/dissolve DELCORA without DELCORA’s consent and to mandate that DELCORA remove any “impediments” to its termination/dissolution.
Liquidated Damages for Late Payment Under a Valid and Enforceable Program Contract.
Agreements Legal, Binding, Valid and Enforceable 47 Section 4.05.
Purchaser shall pay royalties hereunder with respect to Net Sales in each country in the Licensed Territory through the expiration of the last-to-expire Valid and Enforceable Patent covering the marketing and sale of the License Product in the relevant country or fifteen (15) years from the date of first commercial sale of the Licensed Product in such country, whichever is longer.