Principal Understanding Sample Clauses

Principal Understanding. 2.1 In consideration of the various amounts stipulated herein and/or as determined by the Owner from time to time, each agreed to be paid and/or deposited by the Allottee to/with the Owner and/or the Other Entities, and in further consideration of the Allottee agreeing and undertaking to perform, observe and comply with each of the terms, conditions, covenants and obligations stipulated by the Owner including but not limited to those stated herein, and the performance thereof by the Allottee, each to the satisfaction of the Owner, the Owner has at the request of Allottee provisionally agreed to: (i) sell and/or transfer in favour of the Allottee All That the Said Apartment; and (ii) permit the Allottee to park private medium sized car(s) owned by the Allottee within the space comprising the Car Parking Space; and (iii) transfer in favour of the Association All That the Undivided Share, each of which the Allottee has agreed to accept, on the clear and unequivocal understanding that nothing in this Agreement does and/or shall and/or shall be construed/deemed to be a demise or transfer in praesenti, as such transfer is intended to take place only upon execution of the Deed of Conveyance in terms hereof and/or subject to the provisions of this Agreement.
Sample 1
AutoNDA by SimpleDocs
Principal Understanding. 1. The Author has agreed to grant Rights of the “Said Book” and all aspects and incidents connected thereto and all characters forming a part of the Life Story and contents of the book out of which the Producer and/or any other third party, as decided by the Producer, shall develop the Script for the Productions.
Sample 1
Principal Understanding i. The Investor shall make a total payment of Rs. /-(Investment Amount) to the following bank accounts as set out in this Clause, free of any bank transfer charges: Or in such other bank account as may be communicated by the Group to the Investor.
Sample 1
Principal Understanding. 2.2.1 Purchase Consideration and Advances paid by CME The Parties has agreed that the aggregate amount of purchase consideration and advances that CME has paid to the Vendors and AASB Group of Ringgit Malaysia One Million Five Hundred Ten Thousand (RM1,510,000.00) only (“Final Consideration”) as payment towards the Total Consideration pursuant to the terms of the SSA and SA (including sums that were paid towards the Purchase Price and towards working capital as provided in the SA).
Sample 1
Principal Understanding. Subject to the terms and condifions set forth in this Agreement, GetNaty and the Designer hereby agree to enter into this engagement wherein GetNaty shall display, through the Website or through its E-Commerce PlaVorm, the Designer’s Products. GetNaty and the Designer may, from fime to fime, mutually agree on new ideas, creafion of Products and designs to achieve mutually agreed targets and may also work out unique markefing inifiates to drive sales of the Designer’s Products.
Sample 1

Related to Principal Understanding

  • Principal Underwriter The Trustees may in their discretion from time to time enter into an exclusive or non-exclusive underwriting contract or contracts providing for the sale of Shares for any one or more of its Series or Classes or other securities to be issued by the Trust, including a contract whereby the Trust may either agree to sell Shares or other securities to the other party to the contract or appoint such other party its sales agent for such Shares or other securities. In either case, the contract may also provide for the repurchase or sale of Shares or other securities by such other party as principal or as agent of the Trust.

  • FULL UNDERSTANDING Executive acknowledges that Executive has been afforded the opportunity to seek legal counsel, that Executive has carefully read and fully understands all of the provisions of this Agreement and that Executive, in consideration for the compensation set forth herein, is voluntarily entering into this Agreement.

  • Additional Understandings You agree, for yourself and others acting on your behalf, that you (and they) have not disparaged and will not disparage, make negative statements about, or act in any manner which is intended to or does damage to the good will of, or the business or personal reputations of the Company or any of its incumbent officers, directors, agents, consultants, employees, successors and assigns or any of the Covered Parties. The Company agrees that, except as necessary to comply with applicable law or the rules of the New York Stock Exchange or any other stock exchange on which the Company’s stock may be traded (and any public statements made in good faith by the Company in connection therewith), it and its corporate officers and directors, employees in its public relations department or third party public relations representatives retained by the Company will not disparage you or make negative statements in the press or other media which are damaging to your business or personal reputation. In the event that the Company so disparages you or makes such negative statements, then notwithstanding the “Additional Understandings” provision to the contrary, you may make a proportional response thereto. In addition, you agree that the Company is the owner of all rights, title and interest in and to all documents, tapes, videos, designs, plans, formulas, models, processes, computer programs, inventions (whether patentable or not), schematics, music, lyrics and other technical, business, financial, advertising, sales, marketing, customer or product development plans, forecasts, strategies, information and materials (in any medium whatsoever) developed or prepared by you or with your cooperation in connection with your employment by the Company (the “Materials”). For purposes of clarity, Materials shall not include any music or lyrics written (in the past or in the future) by you, and shall not include any documents, tapes or videos that relate to such music or lyrics or the performance of such music or lyrics other than music or lyrics written in connection with your employment. The Company will have the sole and exclusive authority to use the Materials in any manner that it deems appropriate, in perpetuity, without additional payment to you. If requested by the Company, you agree to deliver to the Company upon the termination of your employment, or at any earlier time the Company may request, all memoranda, notes, plans, files, records, reports, and software and other documents and data (and copies thereof regardless of the form thereof (including electronic copies)) containing, reflecting or derived from Confidential Information or the Materials of the Company or any of its affiliates which you may then possess or have under your control. If so requested, you shall provide to the Company a signed statement confirming that you have fully complied with this Paragraph. Notwithstanding the foregoing, you shall be entitled to retain your contacts, calendars and personal diaries and any materials needed for your tax return preparation or related to your compensation.

  • GENERAL UNDERTAKINGS The undertakings in this Clause 22 remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force.

  • Additional Undertakings The Pledgor will not, without the prior written consent of the Collateral Agent:

  • Acknowledgement of Full Understanding THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT HE HAS FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTERS INTO THIS AGREEMENT. THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT HE HAS HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF HIS CHOICE BEFORE SIGNING THIS AGREEMENT.

  • Financial Undertakings The Borrower will not enter into or remain liable upon, nor will it permit any Subsidiary to enter into or remain liable upon, any Financial Undertaking, except to the extent required to protect the Borrower and its Subsidiaries against increases in interest payable by them under variable interest Indebtedness.

  • Acknowledgment of Full Understanding THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT HE HAS FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTERS INTO THIS AGREEMENT. THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT HE HAS HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF HIS CHOICE BEFORE SIGNING THIS AGREEMENT.

  • Investment Company The Company is not, and is not an Affiliate of, and immediately after receipt of payment for the Securities, will not be or be an Affiliate of, an “investment company” within the meaning of the Investment Company Act of 1940, as amended. The Company shall conduct its business in a manner so that it will not become an “investment company” subject to registration under the Investment Company Act of 1940, as amended.

  • Project Understanding This project is understood to be the replacement of one (1) hydraulic elevator. The project delivery system is understood to be Design−Bid. Our mechanical and electrical engineering services for this project will consist of the following. Services not indicated below are considered outside of our basic scope and will be provided upon request as an additional service. It is our understanding that the design of this project will include four (4) deliverables as defined below. The design duration for this project is estimated to be six (6) weeks (not including owner review).

Time is Money Join Law Insider Premium to draft better contracts faster.