Pursuant to Clause 2. CONTRACT TERM, THIS AGREEMENT IS HEREBY RENEWED FROM JULY 1, 2021 TO NOVEMBER 30, 2021.
Pursuant to Clause 2. 3.1the tenderer shall furnish, as part of its tender, documents establishing the tenderers eligibility to tender and its qualifications to perform the contract if its tender is accepted.
Pursuant to Clause 2. 4.2 of this Lease Deed, the Lessee shall at least 6 (six) months prior to the expiry of the Lease Term/ Renewed Term (as the case may be) exercise [his/her/it’s] discretion / option and communicate [his/ her/ it’s] decision for renewing the Lease of the Leased Property for the Renewed Term, or otherwise. In the event, the Lessee exercises [his/ her/ it’s] option to renew the Lease for the Renewed Term (as specified in Clause 2.4.2 above), the Lessor shall execute a fresh lease deed (on terms comparable with terms hereof) along with the Lessee and complete any other documentation as required, in respect of each Renewed Term, and cause registration thereof, provided the Lessee has complied with all its outstanding obligations (including on account of payment of the Annual Lease Rent and the Other Charges) in respect of the expired/ expiring Lease Term/ Renewed Term. However, it is clarified that, in such an event, no further amounts of Total Lease Premium shall be applicable to or payable by the Lessee in respect of any Renewed Term(s), and no escalation shall be made in the Annual Lease Rent applicable to the Renewed Term(s). In relation to execution of the fresh lease deed and any other documentation w.r.t. the Renewed Term(s), it is further clarified that the Lessee shall solely bear & pay the cost and expenses on account of the stamp duty, registration charges, etc., as payable for such renewal of the Lease.
Pursuant to Clause 2. 2.2, each of the Members shall make its Initial Capital Contribution on the date of this Agreement.
Pursuant to Clause 2. CONTRACT TERM, THIS AGREEMENT IS HEREBY RENEWED FROM JANUARY 1, 2022 TO DECEMBER 31, 2022.
Pursuant to Clause 2. 4, the Second Party shall undertake Preventive Maintenance of the goods under this Annual Maintenance Contract on quarterly basis, at New Delhi, hqrs site.
Pursuant to Clause 2. 10, Annual Maintenance Fee shall be payable by the First Party to the Second Party in quarterly instalments. The payment shall be made after the expiry of each quarter and after getting the Performance report to be signed by the Authorized person of First Party along with the daily service Call Reports duly signed by the Authorized person of First Party. All taxes applicable on prevailing rates will be deducted.
Pursuant to Clause 2. 1 of this Agreement, the Hirer is granted a licence to access the Facility and the Land for the purpose of the Event as stipulated in the Hire Agreement, which may be revoked on the terms of this Agreement.
Pursuant to Clause 2. 4(a) of the Credit Agreement, Borrower hereby requests a [New Loan][Redrawn Loan] in accordance with the following parameters:
Pursuant to Clause 2. 9.1 above, Pace undertakes to (i) assist Arris in relation to satisfying the Regulatory Conditions and in communicating with any Relevant Authority in relation to the Clearances including by providing as promptly as reasonably practicable such information and assistance to Arris as Arris may reasonably require for the purposes of obtaining any Clearance and making a submission, filing or notification to any Relevant Authority (including but not limited to producing all documents and information requested by a Relevant Authority in connection with the Transaction as promptly as practicable); and (ii) as promptly as practicable, Pace undertakes, with the assistance of its external accountants, to provide Arris with consolidated audited annual financial statements and unaudited interim financial statements for Pace and its Subsidiaries fulfilling the requirements of Regulation S-X, Item 3-05 under the Securities Act for an acquired business, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board, and thereafter will provide Arris such subsequent financial statements as may be required by said Item 3-05.
