Financial Commitment. 4.1. The cost associated with the representative season (refer representative season handbook) MUST be paid with the signing of this agreement.
Financial Commitment. It is understood that neither organisation can commit the other to any expenditure, save that from administering this agreement, without the specific written agreement of both organisations.
Financial Commitment. Contractor will make a Financial Commitment to University in the amount of __________ ($_______) (the “Financial Commitment”). University will invest the Financial Commitment for renovation and future improvements to existing Food Service Locations, establishment of additional food service locations and other uses related to food service operations.
Financial Commitment. The borrower shall maintain following financial commitment: ________/_________
Financial Commitment. (40) In accepting your offer of accommodation, you agree to pay:
Financial Commitment. The Parties agree to the financial commitments set forth on Exhibit E (the “Financial Commitments”).
Financial Commitment. After signing the agreement, and the exhibitor fails to make final payment before the event date, the organizers will have no obligation to refund any deposit or payments received and may refuse the exhibitor to setup for the event until such payment has been received A 50% deposit is payable to reserve space/stand. In the case of no payment after we received signed application and agreement, Xxxxxx Classic Africa has the right to hand over the contract for collection and all fees, legal cost and interest will be for the exhibitor’s account. Xxxxxx Classic Africa cannot be held responsible and will have no claim against the organizers for an exhibitor/vendor not selling or reaching his goals at the event and the onus will be on the exhibitor to market and promote his brand presence at the event and before the event. It is not the organizer/owner’s responsibility to do any marketing of an exhibitor/vendor but will market the brand and event in general to the best of their ability. Occasional marketing of an exhibitor/vendor will appear on social platforms but will and cannot be guaranteed.
Financial Commitment. 14) The $300 Residence Deposit will be applied against your residence room fee during the fall semester of the academic year. Students offered and accepted to the Residence Program with a start date in the winter semester will have the $300 Residence Deposit applied toward their winter semester residence fee.
Financial Commitment. Aramark shall make a financial commitment to the County of up to Fifty-Five Thousand Dollars ($55,000.00) (the “Financial Commitment) for the purchase of the equipment listed on Schedule B. Any equipment purchased by Aramark on the County’s behalf shall be purchased as a “sale-for resale” to the County. The County shall hold title to all such equipment (with the exception of those items which bear the name of Aramark, its logo, or any of its logo, service marks or trademarks or any logo, service marks or trademarks of a third party) upon such resale. The County acknowledges that it is a tax-exempt entity and will provide Aramark with a copy of the appropriate tax-exempt certificate. The Financial Commitment shall occur during the Initial Term of this Agreement, commencing upon the effective date of the Agreement, and shall be amortized on a straight line basis over the Initial Term. Upon expiration or termination of this Agreement by either party for any reason whatsoever prior to the complete amortization of the Financial Commitment, the County shall reimburse Aramark for the unamortized balance of the Financial Commitment as of the date of expiration or termination plus all accrued but unbilled interest as of the date of expiration or termination. Such interest shall accrue from the effective date of the Agreement at the Prime Rate plus two percentage points per annum, computed each accounting period on the declining balance. The term “Prime Rate” shall mean the interest rate published in The Wall Street Journal as the base rate on corporate loans posted by at least Seventy-Five Percent (75%) of the thirty (30) largest U.S. commercial banks, such rate to be adjusted on the last day of each Aramark’s accounting period. In the event such amounts owing to Aramark are not paid to Aramark within thirty (30) days of expiration or termination, the County agrees to pay interest on such amounts at the Prime Rate plus two percentage points per annum, compounded monthly from the date of expiration or termination, until the date paid. The right of Aramark to charge interest for late payment shall not be construed as a waiver of Aramark’s right to receive payment of invoices within thirty (30) days of the invoice date. Any portion of the Financial Commitment that is not expended prior to the expiration or earlier termination of the Agreement shall revert to Aramark.
Financial Commitment. This agreement reflects the commitment of each party to collaborate as expressed, and it is not intended to be of a legally binding nature. As a result of this framework, neither party will incur any financial obligations resulting from the actions of the other party without a separate prior agreement, in writing, to accept specific financial obligations. Any additional agreement pertaining to financial matters will be negotiated separately and will be based upon the availability of funds for each party. Funding of Activities Separate agreements under this MOU should make financial costs and obligations explicit. Collaborating units are encouraged to work together to identify and secure any outside funding which may be needed. Activities requiring funding must be approved by both parties. Each party will commit, to the extent allowed by law in their respective countries, the necessary resources of their respective institutions pledged under specific terms of supplemental agreements. Nondiscrimination Texas State University and [Institution] agree that no person shall on the grounds of race, religion, color, sex, age, national origin or ancestry, genetic information, marital status, parental status, gender identity and expression, disability, or status as a veteran be excluded from participation under the terms of this agreement. In their execution of this agreement, all contractors, subcontractors, their respective employees, and others acting by or through them shall comply with all policies and laws of their respective countries prohibiting discrimination, harassment, and sexual misconduct. Any breach of this covenant may result in termination of this agreement. Use of Name [Institution] will not use the name of Texas State University, nor of any Texas State University student, staff or faculty, in any publicity, advertising, or news release without the prior written approval of an authorized representative of Texas State University. Texas State University will not use the name of [Institution], or any employee or student of [Institution], in any publicity, advertising, or news release without the prior written approval of [Institution].
