PARAGRAPH SECOND Sample Clauses

PARAGRAPH SECOND. At its own expense, LESSEE shall be entitled to make any changes, reworks and refurbishments to the leased goods; however, any changes implying amendments to the original project and to the features of its main facilities shall be previously authorized in writing by LESSOR.
PARAGRAPH SECOND. LESSEE shall be released from any payment regarding any taxes or contributions applicable to the real estate with taxable events prior to the date of receipt of the INDUSTRIAL PLANT.
PARAGRAPH SECOND. Delay in payment of values agreed hereunder shall entitle LESSOR to collect a compensatory fine of 2% (two percent) on the debt balance due, adjusted by the General Price Index-Market (IGP-M) of Fundação ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, plus interest of 1% (one percent) on a monthly basis, and attorneys’ fees, irrespective of any court action. In the latter case, fees shall only be due as from collection by the authorized lawyer.
PARAGRAPH SECOND. Beyond the default charges, in case of judicial collection of the loan, a fine corresponding to 10% (ten percent) of the principal amounts and accessory charges debited, shall be owed. [initials] [stamp:] LEGAL T▇▇ Continuation of PRIVATE AGREEMENT No. 182.2007.4743.847, entered into by Banco do Nordeste do Brasil S.A. and T▇▇ ▇▇▇▇▇▇▇▇ S/A, on January 28, 2008, in the amount of R$ 67,000,000.00 (Sixty-Seven Million Reais).

Related to PARAGRAPH SECOND

  • Paragraph 2nd As of January 1st, 2008, the factor of transference X will be established by Anatel based on methodology considering the optimization of the costs of service rendering, as per terms of the regulation.

  • PARAGRAPH TWO This Agreement shall also be accelerated, upon which the debt shall become enforceable and any disbursements shall be immediately suspended, on the date when any person who exercises a salaried position at the BENEFICIARY or is among its owners, controlling members, or officers is certified or takes office as a Federal Deputy or Senator, as such persons are subject to the prohibitions set forth in article 54, items I and II of the Federal Constitution. No default charges shall be imposed if the payment occurs within five (5) business days from the date of such certification, under penalty of otherwise the charges established for events of acceleration due to default being imposed.

  • Paragraph (c) of sub‑clause (1) of clause 8 is amended by adding thereto a new paragraph as follows:

  • Subparagraph (a) of this Paragraph 15 shall not preclude a party from assigning, charging or otherwise dealing with all or any part of its interest in any sum payable to it under Paragraph 11 hereof.

  • Sole Paragraph The Concessionaire will present to the competent agencies, whenever required, the reports of environmental impact, as well as will arrange for the achievement of the respective license, as per applicable legislation.