BASIC ASSUMPTIONS Sample Clauses
The BASIC ASSUMPTIONS clause sets out the foundational facts, conditions, or circumstances that both parties agree are true at the time of entering into the contract. It typically lists key premises such as the legal status of the parties, the existence of necessary permits, or the accuracy of provided information. By clearly stating these assumptions, the clause helps prevent disputes by clarifying what both sides are relying on, and may allow for contract adjustment or termination if any assumption proves false.
BASIC ASSUMPTIONS. The following is a list of assumptions which informs the basis of ENGINEER’s cost proposal for providing the services for the PROJECT outlined herein. It must be noted that any change to these basic assumptions constitutes a change in the PROJECT scope and may constitute a revision to the fee proposal requiring a contract amendment.
1. This project does not include design or construction-phase services.
2. Services provided will be based on information furnished by SPONSOR or public information that is readily available.
BASIC ASSUMPTIONS. The mediation process will yield a set of broad goals for flood damage reduction and natural resource management in the Basin that will guide subsequent watershed planning, project development, and permit process decisions.
BASIC ASSUMPTIONS. In such examination we have assumed:
a) the authenticity of all documents submitted to us as originals and the conformity with the original documents of those submitted to us as certified copies or fax copies thereof;
b) the compliance with matters of, and the validity and enforceability of the Transaction Documents under all such laws as governing or relating to the Transaction Documents other than the laws of the Macau SAR, on which law alone we herein opine;
c) the accuracy of all matters expressed in or implied by the Transaction Documents, and the accuracy of all factual statements made in the documents examined, except as related to the Macau SAR law;
d) that there are no provisions of the laws of any jurisdictions outside the Macau SAR which would be contravened by the execution, delivery and performance of the Transaction Documents and that, in so far as any obligation under the Transaction Documents falls to be performed in any jurisdiction outside the Macau SAR, its performance will not be illegal or adversely affected by virtue of the laws of that jurisdiction; and
e) that the information disclosed by the searches made is true and complete as at the date which such searches relate to and that such information has not since that date been altered and that such searches did not fail to disclose any data which had been delivered for filing prior to that date.
BASIC ASSUMPTIONS. The following is a list of assumptions which forms the basis of ENGINEER's cost proposal for providing the services for the PROJECT outlined herein. It must be noted that any change to these basic assumptions constitutes a change in the PROJECT scope and may constitute a revision to the fee proposal and corresponding contract addendum.
A. The construction time anticipated for this project is 210 calendar days plus 30-day punch list.
B. All permits required as a result of the PROJECT other than mentioned herein shall be obtained by either the SPONSOR or the successful contractor as appropriate prior to the beginning of the construction of the PROJECT.
BASIC ASSUMPTIONS. 1.1. The pension providers Cooperation Aegon Cappital, Aegon Leven and ▇.▇.▇. ▇▇▇▇▇▇ are jointly the pension provider for your net pension scheme. Aegon Cappital is the pension provider for the defined contribution scheme for the Investment Pension. Aegon Cappital is also the contact for: - ▇▇▇▇▇ ▇▇▇▇▇ as the pension provider for: - Pension; - Guaranteed Pension; - partner’s and orphan’s pension; - ANW shortfall pension;
BASIC ASSUMPTIONS. 1. Trading assumptions: If the subject of valuation is in the course of transaction processes, it is assumed that the valuer will conduct the assessment according to simulated marketplace situation, including transaction conditions of the subject of valuation. The result of the valuation is an estimate of the price at which the subject of valuation is most likely to be transacted.
2. Open market assumptions: If the subject of valuation and its assets involved are traded in the open market where each of the buyer and the seller is provided with equal opportunity and time to have access to adequate market information, it is assumed that the trading behaviours of both the buyer and the seller are conducted under voluntary, rational, non-mandatory conditions.
3. Enterprise going concern assumptions: It is assumed that, after the realisation of the valuation purpose (economic behaviour), the assessed entity continues to operate in accordance with the original operation methods and business scope.
BASIC ASSUMPTIONS. (a) Transactional assumption: The appraised assets are in the course of transaction and the valuation is based on a simulated market, including the terms of transaction of the appraised assets;
(b) Open market assumption: The appraised assets can be traded openly in the market;
(c) Going-concern assets assumption: The appraised assets will be used in consistent with their current function and method upon the completion of the present transactions; and
(d) Continuing operation assumption: The entity being appraised has the bases and conditions for continuing operations.
BASIC ASSUMPTIONS. 1.1. The pension providers Cooperation Aegon Cappital, Aegon Leven, and Aegon ▇▇▇▇▇▇ are jointly the pension provider for your net pension scheme. Aegon Cappital is the pension provider for the net defined contribution scheme for the Investment pension. Aegon Cappital is also the contact for: - Aegon Leven as the pension provider for: - Pension; - Partner’s and orphan’s pension. - Aegon ▇▇▇▇▇▇ as the pension provider for the waiver of contribution in the event of disability. Aegon Cappital has selected these two insurers because of their favourable rates, their administrative facilities, and their sound financial basis. Aegon Cappital’s board will periodically assess whether the two insurers meet the criteria that are applied. Aegon Cappital is the point of contact for Aegon Leven and Aegon ▇▇▇▇▇▇. This means that we can offer you a comprehensive net pension scheme whilst you have a single point of contact for your net pension scheme, namely Aegon Cappital.
1.2. Participation in the net pension scheme Participant Former participant Pension beneficiary
BASIC ASSUMPTIONS. Identity and Geographics shall comply with the additional procedures and plans of action specified on SCHEDULE 8.16 in connection with the treatment of transactions occurring subsequent to the Inventory Date and to the extent that the terms hereunder conflict with such SCHEDULE 8.16, SCHEDULE 8.16 shall control.
BASIC ASSUMPTIONS. The following is a list of assumptions forming the basis of the CONSULTANT's cost proposal for providing the services detailed in the Scope of Services for this project. Any modification and/or revision to these basic assumptions will constitute a change in the project scope and may result in a revision to the CONSULTANT's cost proposal.