Purpose and Effect. 1.1 The purpose of this MoU is to provide a framework within which DNP and the Friends can work collaboratively to perform the functions of DNP and carry out the objects of the Friends.
Purpose and Effect. The purpose of this Agreement is to provide Termination Benefits, as defined in Section 9 hereof, in the event of a Termination or Change in Control as provided in Section7(a).
Purpose and Effect. This Supplement 13, effective as of May 13, 1991, is intended to comply with the requirements of the applicable provisions of the tax code of Puerto Rico, currently Section 1165(a) and (e) of the Puerto Rico Internal Revenue Code of 1994 (the “PRIRC”). The provisions of this Supplement 13 shall only apply to any resident of the Commonwealth of Puerto Rico (“Supplement 13 Participant”) who is employed by an Employer.
Purpose and Effect. The purpose of this Amendment No. 1 is (i) to revise the provision concerning Closing of this subscription to be contingent upon the closing of the voluntary share exchange transaction described in the amended Section 1.2 and (ii) to provide the Subscriber with further written disclosure materials upon which to base his or her investment decision. [this space intentionally left blank] INDIVIDUAL INVESTOR SIGNATURE PAGE
Purpose and Effect. This Agreement authorizes Customer and its authorized converters (“Converters”) to purchase the 3M Components set forth in Schedule 1 at the prices shown as Contract Price in Schedule 1, meeting the specifications set forth in Schedule 2, and such other materials as the parties may agree in writing to add in the future, (“Components”). Customer agrees to use Components solely for its use or use by Converters in the manufacture of nasal dilators and other products as described in paragraph 5 of this Agreement. This Agreement does not establish Customer or its Converters as a dealer or distributor of the Components. Customer shall direct its Converters not to resell any Components to any third party for resale. In the event a Converter is in breach of Medical Specialties Terms and Conditions of Sale or any other contractual obligations Converter may have to 3M, 3M reserves the right not to supply Components to such Converter. Customer acknowledges and agrees that it has sole responsibility for testing and evaluating the safety and suitability of use of Components in the product(s) for which Customer or Converters are purchasing Components.
Purpose and Effect a. The terms constitute the entire agreement and understanding (“the agreement”) in relation to the sale and purchase of the work (or works) of art identified on the invoice (“the Work”) for the price stated on the invoice (being the agreed price for the sale of the Work to you) (“Price”). To the fullest extent permitted by law no other terms express or implied shall apply. We confirm that to the best of our knowledge we either own the Work or are authorised to sell it on behalf of the owner.
Purpose and Effect. The purpose of this Amendment No. 1 is to -------------------- revise the provision concerning the grant of the Additional Options to allow for the grant of the stock options from the Parent through one or more separate stock option agreements.
Purpose and Effect. 1.1 This letter is the letter referred to in Article 6.3 sub (h) of the Agreement (hereinafter: the “Disclosure Letter”).
Purpose and Effect. This agreement is entered into by the parties solely in recognition of the mutual benefits resulting from filing a Federal (or foreign or state or other local) consolidated tax return. The respective amounts of tax liability allocated to Parent and each Subgroup Member for purposes of computing such corporations' eaming and profits for Federal (or foreign or state or other local) income tax purposes may differ from those determined in accordance with this Agreement. Furthermore, any amount treated for Federal (or foreign or state or other local) income tax purposes, on account of such a difference, as a contribution to capital or a distribution with respect to stock, or a combination thereof, as the case may be, shall be treated as a contribution to capital, a distribution with respect to stock, or a combination thereof, solely for Federal (or foreign or state or other local) income tax purposes.
Purpose and Effect. Purchaser is not acquiring the Shares for the purpose of or, to the knowledge of Purchaser, with the effect of, changing or influencing the control of Agenus, or in connection with or as a participant in any transaction that to the knowledge of Purchaser has that purpose or effect.
