Settlement of the Contract Sample Clauses

Settlement of the Contract. 13.14 The GRANTOR shall pay the CONCESSIONAIRE the product of the tender process, as per Clause 13.12, for up to a maximum equivalent to (i) the Book Value of the Concession Assets plus the Pre-Operating Expenditures, if the event occurs prior to the Commercial Start-Up; or (ii) the Book Value of the Concession Assets, if the event occurs after the Commercial Start-Up. The distribution of the amount indicated in this clause shall be subject to the following rules:
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Related to Settlement of the Contract

  • SUBJECT OF THE CONTRACT 1. The subject of the Contract is the creation of the work ordered as a result of own creative intellectual activity of the Author – to elaborate the evaluation of applications delivered to the Client (hereinafter “Work”) within an open call for submitting applications to solve projects of research and development in particular science and technology fields pursuant to the Article 6 Section 3 of Act No.172/2005 Coll. On State Aid Administration and Central State Administration as amended (hereinafter “Act”) subsequently as amended, labelled VV 2021 (hereinafter “Open Call”).

  • Termination of the Contract 11.1. The Coordinator may terminate the contract if the Co-beneficiary has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Co-beneficiary by registered letter has remained without effect for one month.

  • OBJECT OF THE CONTRACT 1.1. FINC’s obligations shall consist in supplying one “Anchor Handling, Towing and Supply“ Vessel (hereinafter referred to as the "Ship"), to be built at FINC’s Shipyards and delivered to the Owner, which agrees to accept delivery from FINC, and built in accordance with the conditions and stipulations stated herein, and as specified in the following technical documents: Specification : 382688/BS 8000000M rev. 0 dated 16/03/07 – Technical Specifications; Side Letter No. 1 dated 20/03/07. Drawings : 2000-100 rev. 02 – General Arrangement (Xxxx Maritime) 2000-101 rev. 02 – Tankplan (Xxxx Maritime) which, signed by both Parties, are an integral part hereof, although not attached hereto.

  • SCOPE OF THE CONTRACT 4.1 The Contractor shall perform the Services set out [in Schedule 1] [below2] in accordance with the Contract.

  • Control of the Contract F1 Transfer and Sub-Contracting

  • Duration of the contract This contract becomes effective on , and will continue in effect for 365 days from the above date. Either party may terminate treatment with reasonable notice to the other party, as provided in the agreement. Notwithstanding this right to terminate treatment, both Provider and Beneficiary agree that the obligation not to pursue Medicare reimbursement for items and services provided under this contract will survive this contract.

  • PARTIES TO THE CONTRACT This Contract is solely between the Company and the SBA which administers the FHCF. In no instance shall any insured of the Company or any claimant against an insured of the Company, or any other third party, have any rights under this Contract, except as provided in Article XIV. The SBA will only disburse funds to the Company, except as provided for in Article XIV of this Contract. The Company shall not, without the prior approval of the Office of Insurance Regulation, sell, assign, or transfer to any third party, in return for a fee or other consideration any sums the FHCF pays under this Contract or the right to receive such sums.

  • of the Contract (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS DAY OF , 20 . ATTEST: (NAME OF Contractor) By Secretary(*) President (SURETY) (*)(*) (TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*)Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney GEORGIA SECURITY AND IMMIGRATION COMPLIANCE ACT AFFIDAVIT(S)

  • ADMINISTRATION OF THE CONTRACT 2.2.1 The Architect will provide administration of the Contract as hereinafter described.

  • PERFORMANCE OF THE CONTRACT II.1.1 The Contractor shall perform the Contract to the highest professional standards. The Contractor shall have sole responsibility for complying with any legal obligations incumbent on him, notably those resulting from employment, tax and social legislation.

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