The Customer may, from time to time, ask the Service Provider to issue a certificate of insurance. If the Supplier wishes to change the Service Description, it will from time to time inform the Customer of any proposed changes in accordance with the Customer`s Technical Modification Procedure (CE). 11. This Agreement shall remain in effect from year to year unless it is amended or terminated by the consent of all Parties. In addition, the Company may terminate this Agreement at any time by notifying the Manager of written notice of termination after the Manager and its affiliates have ceased to have partnership interests in KKR Renaissance Aggregator L.P. (partnership); provided that upon termination, the Company will pay the Manager in cash all outstanding consulting fees payable to the Manager under this Agreement and all expenses due to the Manager under this Agreement with respect to periods prior to the date of termination. In addition, (i) in connection with the effect of a change of control (as set forth in the amended and reformulated limited partnership agreement of September 29), the Company may, July 2013 between the Parties), which may be amended from time to time (the Partnership Agreement), terminate this Agreement by sending written notice of termination to the Manager, and (ii) immediately upon completion of an Initial Public Offering (as defined in the Partnership Agreement), this Agreement will automatically terminate unless the Company chooses to do so by providing written notice to the Manager prior to: such performance otherwise for the purpose of maintaining this Agreement in full force and effect. Upon termination of this Agreement in accordance with the preceding immediate sentence, upon such termination, the Company will pay the Manager in cash (i) all outstanding consulting fees payable to the Manager under this Agreement and all expenses due to the Manager under this Agreement for periods prior to the date of termination, plus (ii) the net present value (using a discount rate equal to the rate of return at the time of the moment). the termination of U.S. Treasury bonds of the same maturity based on the dates on which such payments would have been due), the advisory fees that would have been payable in respect of the period from the date of termination to the twelfth anniversary of the effective date or, if terminated after the twelfth anniversary of the effective date, until the first anniversary of the effective date that occurs after the date of termination. Without the suffix from time to time, the client can only request this certificate once.
The phrase allows the customer to request the certificate as often as they want. A second use from time to time serves to clarify that the subject mentioned may change after the entry into force of the agreement: I carried out my analysis by Mike O`Sullivan. He agreed that the modified form itself serves no purpose: “This is another manifestation of our fetish for false precision. The premise – without “as amended”, we would refer to the original version of the law – is so absurd that only a lawyer could think of it. The so-called smart design solution – automatically attaching “as modified” to every law name – turns out to be no solution, as you illustrate. This company cannot resolve to exclude the risk that, in the context of the resolution of an insolvent ERISA plan, a court will interpret ERISA as incorporating the U.S. Bankruptcy Act, as it existed in 1971 on the bankruptcy of the plan, rather than the Code of Conduct in its form in force at the time of the bankruptcy. This is a problem because the “safe havens” relied on to securely enter into swaps were not included in bankruptcy law until the 1980s. [3] So no compensation against the ERISA plans. Just in case.
Well, once upon a time, I thought this ERISA gag could be tacitly appreciated, at least among my contrary co-conspirators in the world of financial derivatives, but that doesn`t seem to be the case. So, at the risk of explaining the joke: But adding it in the amended version is useless: compliance with a law or a contract can only be measured by the law or agreement as it is then in force, even without it in the modified version. The modified term can be used in a contract to modify references to laws and other treaties. It appears in different categories of contractual languages. For example: 7. Applicable law and interpretation. This Agreement shall be governed by and controlled by the laws of the State of New York, without regard to its conflict of law provisions. The exclusive venue for any action to enforce or violate the terms of this Agreement will be the Circuit Court in and for Palm Beach County, Florida. If any provision of this Agreement is held to be illegal or unenforceable by a court of competent jurisdiction and not modifiable to be enforceable, except as provided in the general version, that provision shall immediately become null and void, leaving the remainder of this Agreement in full force and effect. The Parties reaffirm that this Agreement is the result of negotiations and agree that it shall not be interpreted on the basis of the exclusive authorship of any Party.