SALE OBLIGATIONS Sample Clauses

SALE OBLIGATIONS. 3.1 During the Supply Term, we agree to sell to you, and you agree to buy from us, the Services and any Other Services.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
SALE OBLIGATIONS. 4.1 The principal role of airHomes Sale is to establish and maintain the Platform and provide a stellar marketing fee structure to generously reward Marketing Partners for completed sales of Stock Properties to Clients.
Sample 1
SALE OBLIGATIONS the Network Charge. You must also pay our reasonable administrative costs of arranging any new connection.
Sample 1
SALE OBLIGATIONS. In the event that the General Partner or the Public Company (as applicable, the "Seller") or the shareholders of the Seller enters into an agreement ("Sale Agreement") for the sale of the General Partner or its Shares or assets to, or the merger of the Seller with and into, any person (an "Unaffiliated Buyer") who is unaffiliated with the Seller (a "Sale"), then the Seller shall have the right to require the sale of all of the Shares held by the Limited Partners to, or the merger of the Partnership with and into, such Unaffiliated Buyer. To exercise such co-sale rights, the Seller must deliver written notice (the "Sale Notice") to the Limited Partners within 15 days of the date the Sale Agreement is executed. Such sale by the Limited Partners shall be on the same terms and conditions as are applicable to the Seller except that the consideration to be paid to the Limited Partners shall collectively be equal to 59.4% (i.e., 60% x 99% of the consideration that bears the same relationship to the total consideration to be received by the Seller or the shareholders of the Seller in connection with the transaction as the Adjusted Pre-Tax Earnings (as defined in Section 16.11B) of the Partnership during the Sale Measurement Period (as defined below) bears to the Seller Pro Forma Adjusted Pre-Tax Earnings (as defined below) during the Sale Measurement Period. The consideration to be distributed to the Limited Partners shall be allocated based on their relative Participating Percentages. "Seller Pro Forma Adjusted Pre-Tax Earnings" means the pre-tax income of the Seller, as adjusted by adding back general and administrative expenses, nonrecurring items and restaurant pre-opening expenses for the Seller.
Sample 1
SALE OBLIGATIONS 
Sample 1Sample 2Sample 3See All (4)

Related to SALE OBLIGATIONS

  • Client Obligations Client shall fulfill its obligations and responsibilities as set forth in this Agreement and the SOW so that Spirent can perform the Services efficiently and effectively. Client is responsible for the operation and security of its applications and the information technology environment in which the Services are to be performed. Client agrees that it shall have the sole responsibility for protecting and backing up its systems, networks, applications, content, and data used in connection with the Services. Client shall secure and provide to Spirent any rights and licenses necessary to allow Spirent to perform the Services. Client shall ensure the cooperation and performance of its employees and contractors as well as the accuracy and completeness of data and information provided to Spirent that are necessary to perform the Services. Client shall make and be responsible for all decisions and actions based or related to advice and recommendations provided by Spirent in connection with the performance of the Services hereunder. Client shall be liable for all Spirent owned equipment while in Client’s possession or control and, if lost or. damaged or not returned to Spirent upon expiration of the engagement, Client agrees to pay for such equipment upon receipt of an invoice referencing this Agreement. Equipment received by Spirent from Client more than five (5) calendar days after the end of engagement shall be subject to a fifteen (15%) per month late fee based on the list price of the equipment.

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