Proposed Terms. The obligations of the parties to consummate the proposed transaction shall be subject in all respects to the negotiation, execution and delivery of a definitive agreement approved by the boards of directors of Schlumberger and Convergent and the satisfaction of the conditions contained in the definitive agreement.
Proposed Terms. 7 1.92 Q1, Q2, Q3 and Q4............................................7 1.93 Registration.................................................7 1.94
Proposed Terms. 7 1.92 Q1, Q2, Q3 and Q4. 7
Proposed Terms. If the Offered Assets are not so transferred within said 12 month period, or if there is any material change in the Proposed Purchaser, the Proposed Price or the Proposed Terms, then the assets of the Hospital Business and the Real Property shall again be subject to the provisions of Paragraph 13.17(a).
Proposed Terms. 8 1.92 Q1, Q2, Q3 AND Q4................................................8 1.93 REGISTRATION.....................................................8 1.94 REGISTRATION APPLICATION.........................................8 1.95 REGISTRATIONAL STUDIES...........................................8 1.96
Proposed Terms. Attached as Exhibit A is a Preliminary Term Sheet with respect to the Transaction. Although it is the intent of the parties that their discussions initially proceed based on the Preliminary Term Sheet, the terms contained in the Preliminary Term Sheet are not binding on the parties, are subject to change based upon due diligence results and other factors, and are not intended to create rights in favor of the parties with respect to the Transaction or otherwise. The obligations of the parties to consummate the Transaction shall be subject in all respects to the negotiation, execution and delivery of a definitive agreement approved by the boards of directors of KeyStone and Brekford and the satisfaction of the conditions contained in the definitive agreement. Neither KeyStone nor Brekford shall have any liability to the other if either or both of them shall refuse or fail for any reason to enter into any such definitive agreement. However, the obligations of Xxxxxxxx and XxxXxxxx set forth in Section 2 of this letter and in Exhibit A under the heading “Other Considerations” are intended to be binding and enforceable obligations of Brekford and KeyStone as set forth herein and therein, and will continue in force until the Expiration Date (as defined below). 00000 Xxxxxxxxxx Xxxxx Xxxxx ◆ Suite 200 ◆ Chantilly, VA 20151
Proposed Terms. We currently owe the Creditors an aggregate of USD 19,842,331. The distribution among the Creditors as of today's date is set out in Annex 1. We propose the following repayment schedule: • 31 August 2011 – USD 1,700,000; • 9 September 2011 – USD 2,000,000; • 20 September 2011 – USD 2,000,000; • 3 October 2011 – USD 14,000,000;
Proposed Terms. Attached as Exhibit A is a Term Sheet for the Transaction. The Term Sheet summarizes the current status of the agreement between XXXXX and Xxxx with respect to the Transaction. Although the parties hereby agree that they will proceed with the Transaction on the terms set forth in the Term Sheet, the terms contained in the Term Sheet are subject to change based upon new information regarding tax or other issues discovered in the course of the parties' respective due diligence review. The obligations of the parties to consummate the Transaction will be subject in all respects to the satisfaction of the conditions precedent contained herein.
Proposed Terms. We and you acknowledge that the Summary of Proposed Terms attached as Exhibit B to the March Side Letter is intended to be non-binding. In the interests of conforming a Potential ADA and Franchise Agreements executed thereunder to other agreements in Mexico or for other reasons either of us may, in good faith, propose different terms. You acknowledge that a Potential ADA may contain certain minimum holding period restrictions, and that we may request that your affiliates update the legal terms (but not the continuing fees) of their existing franchise agreements with us to conform with our then-current form of Franchise Agreement in Mexico in connection with signing a Potential ADA.
Proposed Terms. Extend the Lease for the Equipment effective January 1, 1998. The new monthly payment is $139,895.00 to be paid in advance for 45 months. At end of lease extension, equipment will have a fair market value cap not to exceed 20% of original equipment cost. OPTION #2
