Sharing Agreements Clause Samples
A Sharing Agreements clause defines the terms under which parties agree to share certain resources, information, or benefits arising from their collaboration. This clause typically outlines what is being shared—such as data, intellectual property, or profits—and specifies the conditions, limitations, and responsibilities of each party regarding the shared items. By clearly delineating these aspects, the clause helps prevent misunderstandings and disputes, ensuring that all parties have a mutual understanding of their rights and obligations in the sharing arrangement.
Sharing Agreements. All material Nexstar/VIE Agreements entered into between Nexstar Media or any of its Subsidiaries with each Material VIE that are effective on the Closing Date are listed on Schedule 5.22, and full and complete copies thereof have been delivered to the Administrative Agent.
Sharing Agreements. The Lender (or its counsel) shall have received from the Broker/Dealer copies of all Sharing Agreements currently in effect certified by an authorized officer of the Broker/Dealer, Parent or its or their Affiliates.
Sharing Agreements. Each of the Sharing Agreements is in full force and effect and no material default exists thereunder; and
Sharing Agreements. There are no joint services, reciprocal easement or other similar sharing agreements relating to the Property.
Sharing Agreements. Other than as set forth on Schedule 4.1.43 hereto, there are no joint services, reciprocal easement or other similar sharing agreements relating to the Property.
Sharing Agreements. In compliance with the terms and conditions of the Cost Sharing Framework Agreement, the Management Company and Huafa Hotel shall enter into the Individual Cost Sharing Agreements. Payment The Management Company shall be responsible for paying the Operation Costs to third party goods and services providers. The Management Company will issue an invoice (the “Invoice”) to Huafa Hotel by the end of every month, detailing the total Operation Costs in that month and the share of the Operation Costs that should be borne by Huafa Hotel. Huafa Hotel shall pay its share of the Operation Costs to the Management Company within 30 calendar days after receiving the Invoice. If Huafa Hotel fails to pay the amount stated in the Invoice within 30 calendar days after receiving the Invoice, the management Company shall have the right to charge Huafa Hotel the Interests on any unpaid amount at the interest rate of 6% per annum from the date of the Invoice until the amount is paid in full. The detailed terms for sharing the Operation Costs shall be provided in the relevant Individual Cost Sharing Agreement, in which case the terms and the sharing ratios shall be determined through arm’s length negotiations on the basis of the actual operation costs of the Hotels estimated by the Parties, having regard to relevant factors such as the historical operation costs, historical operation cost sharing arrangements, number of rooms, floor area, quality standard operation requirements of the Hotels, and the expected future operation costs of the Hotels estimated by the Parties based on the historical operation costs of the Hotels. The monthly total Operation Costs to be shared between the Parties shall be based on the actual Operation Costs incurred by the Hotels in the relevant month. The Parties shall review and update the sharing ratios from time to time with reference to the above factors to ensure that the sharing arrangements between the Parties remain fair and reasonable. The payment and settlement terms shall be on terms no less favourable to the Group than those offered by independent third parties. conditional upon, among others, (i) the Company having obtained its Independent Shareholders’ approval of the Cost Sharing Framework Agreement and the transactions contemplated thereunder; (ii) the Parties obtaining all the necessary approvals from the local authorities for the sharing of the Operation Costs; (iii) the representations and warranties of the Management Company being ...
Sharing Agreements. Except as set forth on TSR Paging Disclosure Letter Schedule 5.13.5, TSR Paging is not a party to any agreement for the shared use of facilities or equipment used in connection with the TSR Paging Business.
Sharing Agreements. No agreement exists for the shared use of facilities, trunk lines, airspace, radio frequencies or other assets used in connection with the Authorizations or the Future Authorizations, except for such agreements as ART may have requested or entered into.
Sharing Agreements. The Broker/Dealer shall not directly or indirectly enter into any management, consulting or expense sharing arrangement with any Affiliate of the Broker/Dealer, Parent or any Subsidiary of the Broker/Dealer or Parent or any holder of Debt of the Broker/Dealer and/or Parent, or pay or accrue any management, consulting or similar fees to any Affiliate of the Broker/Dealer or Parent, or any Affiliate or Subsidiary of the Broker/Dealer or Parent without prior written approval from the Lender, except for the Sharing Agreements as set forth on Schedule 7(x) (it being understood that the Broker/Dealer is permitted to unilaterally update Schedule 7(x) from time to time to reflect additional Sharing Agreements entered into by the Broker/Dealer in the ordinary course of business consistent with past practice); provided that upon the occurrence or during the continuance of an Event of Default or Unmatured Event of Default, the Broker/Dealer shall not make payments under any of the Sharing Agreements, as may be updated from time to time, except (i) as required under SEC rules or by FINRA or its predecessor, the National Association of Securities Dealers or (ii) to the extent required to fund or reimburse payroll in the ordinary course of the Broker/Dealer’s business consistent with past practice.
Sharing Agreements. To the extent not heretofore delivered to Administrator, copies of all Sharing Agreements currently in effect certified by an authorized officer of the Broker/Dealer, Parent or its or their Affiliates.