FINANCIAL PRINCIPLES. 15.1 The following represent the key financial principles to be adhered to by the LHBs:
FINANCIAL PRINCIPLES. (a) INTELSAT shall be the owner of the INTELSAT space segment and of all other property acquired by INTELSAT. The financial interest in INTELSAT of each Signatory shall be equal to the amount arrived at by the application of its investment share to the valuation effected pursuant to Article 7 of the Operating Agreement.
FINANCIAL PRINCIPLES. The two parties must comply with the financial and accounting principles as prescribed by the law on accounting of the Socialist Republic of Vietnam. All revenues and expenditures of running business and the maintenance must be clearly, fully and truthfully recorded.
FINANCIAL PRINCIPLES. In preparing the Initial LTAMP Cost Estimates and the In-Service LTAMP Cost Estimates, the Parties shall adhere to and assist each other in adhering to the following principles:
FINANCIAL PRINCIPLES. (a)The General Manager of the company shall be responsible for the financial management of the Company.
FINANCIAL PRINCIPLES. 8.1 The Partner Finance functions have developed principles for joint and shared funding arrangements . The Partners agree to the principles, set out in Schedule 1 - Finance Principles and that they may be amended or varied by written agreement of the Partners from time to time.
FINANCIAL PRINCIPLES. In managing the System’s financial resources, D-HH GO will observe, and may require the System Members to observe as applicable, the financial principles set forth in Schedule 5.5.2(a) as they may be modified from time to time by D-HH GO (the “System Financial Principles”).
FINANCIAL PRINCIPLES. 1. LBR will pay “****” an agreed annual fee of (excl VAT) to carry out the works as confirmed in section 3.1 above. The fee is payable annually in advance.
FINANCIAL PRINCIPLES a. The Cooperation Company shall set up financial principles in accordance with the Accounting Principles of China and other applicable Chinese Laws and submit to the Board of Directors for approval. If required, the Cooperation Company shall file its financial principles with the local financial and tax authority.
FINANCIAL PRINCIPLES. (a) ITSO will be financed for the twelve year period established in Article XXI by the retention of certain financial assets at the time of transfer of ITSO’s space system to the Company.
