Initial Statements Clause Samples
The Initial Statements clause serves to set out the foundational facts, context, and intentions of the parties entering into the agreement. Typically, this section outlines the background of the transaction, identifies the parties involved, and may reference relevant prior agreements or circumstances leading to the contract. By clearly establishing these baseline facts, the clause helps ensure that both parties share a mutual understanding of the agreement’s context, reducing the risk of misunderstandings or disputes about the contract’s purpose and scope.
Initial Statements. The references in Section 2.10(a), Section 2.11(a) and Section 2.12(a) of the Purchase Agreement to “twenty-one (21) days” are hereby deleted and replaced with “thirty (30) days”, in each case.
Initial Statements. Each Party shall have the right to release publicly, upon or after execution of this Agreement, that certain press release of such Party attached hereto as Annex S.
Initial Statements. 1.1 SPV represents that the acquisition of the Shares by it pursuant to this Agreement does not require any approval of the competition authority, as a result of which the parties declare that even though no such approval was obtained the obligation to enter into the Final Agreement within the meaning of Preliminary Agreement arose.
1.2 The Purchaser and SPV represent that they will be jointly and severally liable for any obligations arising from the Preliminary Agreement and this Agreement, including in particular the obligation to pay the Price.
Initial Statements. Each person already in a position when it is designated by an amendment to the Conflict of Interest Code for ACERA shall file an initial statement within 30 days after the effective date of the amendment.
Initial Statements. In the first year of the project, WP5 analysed EDM in detail and defined some specifications and requirements for library data. The initial focus was on monographs, multi-volume works and serials. Different issues were raised and addressed during this phase and a report with recommendations produced1. The objective of the second year of the project was twofold: first of all to validate the recommendations and then to transform data samples into EDM. These two phases of the validation aimed at separating the issues raised by the model itself and the issues raised by the implementation of EDM in the main aggregation infrastructure (WP4 activities).
Initial Statements. The parties shall share their initial press releases (if any) with each other and LendingClub shall share with ▇▇▇▇▇▇ any Current Report on Form 8-K that it elects to file with the SEC regarding this Agreement and the transactions contemplated hereby or relevant portion of any script for an earnings statement in advance of any such publication or filing and each party shall reasonably and in good faith consider any comments the other party may make with respect to any such press release or filing.
Initial Statements. By the tenth (10th) Business Day after the end of such Billing Period, Seller shall deliver to Buyer a statement setting forth for the Billing Period (i) the sum of the electric energy delivered for all Hours during that Billing Period, and (ii) Seller’s calculation of any amounts due from Buyer under this Agreement for the Billing Period. Notwithstanding the foregoing, Seller’s failure to render a statement as set forth above shall not relieve Buyer from its obligation to make payment when such statement is rendered; provided, such statement is rendered within thirty-six (36) Months after the end of the Billing Period. Subject to Section 10.2(b), Seller may adjust any statement for arithmetic or computational error within thirty-six