Incorporation of terms 2.1 The following Framework Agreement clauses (including clauses and defined terms referenced by them) as modified under clause 2.2 are incorporated as separate Call-Off Contract obligations and apply between the Supplier and the Buyer: • 4.1 (Warranties and representations) • 4.2 to 4.7 (Liability) • 4.11 to 4.12 (IR35) • 5.4 to 5.5 (Force majeure) • 5.8 (Continuing rights) • 5.9 to 5.11 (Change of control) • 5.12 (Fraud) • 5.13 (Notice of fraud) • 7.1 to 7.2 (Transparency) • 8.3 (Order of precedence) • 8.6 (Relationship) • 8.9 to 8.11 (Entire agreement) • 8.12 (Law and jurisdiction) • 8.13 to 8.14 (Legislative change) • 8.15 to 8.19 (▇▇▇▇▇▇▇ and corruption) • 8.20 to 8.29 (Freedom of Information Act) • 8.30 to 8.31 (Promoting tax compliance) • 8.32 to 8.33 (Official Secrets Act) • 8.34 to 8.37 (Transfer and subcontracting) • 8.40 to 8.43 (Complaints handling and resolution) • 8.44 to 8.50 (Conflicts of interest and ethical walls) • 8.51 to 8.53 (Publicity and branding) • 8.54 to 8.56 (Equality and diversity) • 8.59 to 8.60 (Data protection • 8.64 to 8.65 (Severability) • 8.66 to 8.69 (Managing disputes and Mediation) • 8.80 to 8.88 (Confidentiality) • 8.89 to 8.90 (Waiver and cumulative remedies) • 8.91 to 8.101 (Corporate Social Responsibility) • paragraphs 1 to 10 of the Framework Agreement glossary and interpretation • any audit provisions from the Framework Agreement set out by the Buyer in the Order Form 2.2 The Framework Agreement provisions in clause 2.1 will be modified as follows: 2.2.1 a reference to the ‘Framework Agreement’ will be a reference to the ‘Call-Off Contract’ 2.2.2 a reference to ‘CCS’ will be a reference to ‘the Buyer’ 2.2.3 a reference to the ‘Parties’ and a ‘Party’ will be a reference to the Buyer and Supplier as Parties under this Call-Off Contract 2.3 The Parties acknowledge that they are required to complete the applicable Annexes contained in Schedule 4 (Processing Data) of the Framework Agreement for the purposes of this Call-Off Contract. The applicable Annexes being reproduced at Schedule 7 of this Call-Off Contract. 2.4 The Framework Agreement incorporated clauses will be referred to as incorporated Framework clause ‘XX’, where ‘XX’ is the Framework Agreement clause number. 2.5 When an Order Form is signed, the terms and conditions agreed in it will be incorporated into this Call-Off Contract.
Defined Terms As used in this Agreement, the following terms have the meanings specified below:
Financial Statements (a) Section 4.7(a) of the Company Disclosure Schedule contains complete copies of the audited balance sheet, statement of income, statement of cash flow and statement of members’ equity of the Company as of and for the fiscal years ended December 31, 2022 and December 31, 2021 (the “Audited Financial Statements”) and unaudited financial statements consisting of the balance sheet of the Company (the “Balance Sheet”) as of July 31, 2023 (the “Interim Financial Statements Date”) and the related statements of income for the seven-month period then ended (the “Interim Financial Statements” and, together with the Audited Financial Statements, the “Financial Statements”). The Financial Statements have been prepared in accordance with GAAP applied on a consistent basis throughout the periods represented thereby, subject, in the case of the Interim Financial Statements, to normal and recurring year-end adjustments (the effect of which will not be materially adverse) and the absence of notes (that, if presented, would not differ materially from those presented in the Audited Financial Statements). The Financial Statements (a) are consistent with the books and records of the Company (which books and records are correct and complete in all material respects); (b) fairly present the financial condition of the Company and its assets and Liabilities as of the respective dates they were prepared and the results of the operations of the Company for the periods indicated in all material respects, in each case, in accordance with GAAP, applied on a consistent basis throughout the periods represented thereby, and in the case of the Interim Financial Statements, subject to the exceptions set forth in the preceding sentence; (c) do not include any extraordinary or nonrecurring operation or transaction except as expressly set forth in the notes thereto; and (d) comply with all Laws and Governmental Orders in all material respects and subject to the exceptions set forth in the preceding sentence. (b) The Company maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management’s authorization, (ii) transactions are recorded as necessary to permit preparation of financial statements of the Company in conformity with GAAP applied on a consistent basis and to maintain accountability for assets, (iii) access to assets is permitted only in accordance with management’s authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences (“Internal Controls”). The Company has not identified or received notice from an independent auditor of (x) any significant deficiency or material weakness in the system of Internal Controls utilized by the Company, (y) any facts, that in their totality, reasonably constitute fraud that involves the Company or the Company’s management or other employees who have a role in the preparation of financial statements or the Internal Controls utilized by the Company, or (z) any claim or allegation regarding any of the foregoing. There are no significant deficiencies or material weaknesses in the design or operation of the Internal Controls over financial reporting that would reasonably be expected to adversely affect, in a material manner, the Company’s ability to record, process, summarize and report financial information.
Use of Proceeds The Company will use the net proceeds received by it from the sale of the Securities in the manner specified in the Prospectus under “Use of Proceeds.”
Saturdays, Sundays, Holidays, etc If the last or appointed day for the taking of any action or the expiration of any right required or granted herein shall not be a Business Day, then such action may be taken or such right may be exercised on the next succeeding Business Day.