SRT Clause Samples

The SRT (Shortened Response Time) clause establishes a reduced timeframe within which a party must respond to requests, notifications, or actions specified in the contract. Typically, this clause applies to situations where prompt communication or action is critical, such as responding to breach notices, approving deliverables, or providing feedback. By setting a shorter response window, the SRT clause ensures that processes move forward efficiently and helps prevent unnecessary delays, thereby supporting timely project completion and minimizing the risk of stalled negotiations or unresolved issues.
SRT. SRT’s adjusted Percentage Interest is calculated by dividing (1) the positive difference, if any, between (a) the sum of (i) one hundred percent (100%) of the aggregate Capital Contributions (excluding Substituted Capital Contributions) then or theretofore made by SRT to the Company ($190,000), plus (ii) 200% of the Substituted Capital Contributions then or theretofore made by SRT to the Company ($0), minus (b) the Excess Amounts attributable to the Substituted Capital Contributions then or theretofore made by GAP and Operating Member to the Company ($93,827.16 and ($1,172.84, respectively), by (2) one hundred percent (100%) of the aggregate Capital Contributions (including without limitation Substituted Capital Contributions) then or theretofore made by all of the Members to the Company ($1,500,000). This results in a Percentage Interest for SRT of (i) the difference between $190,000 minus $95,000, divided by (ii) $1,500,000 = 6.33%. *Relative Percentage Interests are calculated by dividing the Percentage Interest of a Member by the aggregate Percentage Interest of all contributing Members (i.e., 80/(80+1) = 98.77% and 1/(80+1) = 1.23%, respectively). Investment must (i) achieve 90% of budgeted NOI based on projections at closing and (ii) maintain leases covering in excess of 75% of the rentable square footage of all properties comprising the Investment. Oaktree may assign Operating Member’s Incentive Fee to a replacement third party upon a specified termination event relating to “bad boy” acts of the Operating Member or violation of the Performance Tests. Aurora Commons - Office $ 103,783 $ 122,995 $ 135,802 $ 144,896 $ 148,587 Aurora Commons - Retail 554,960 635,590 646,705 636,246 642,877 Constitution Trail 1,999,228 2,189,356 2,357,942 2,510,337 2,537,873 Osceola Village 1,440,618 1,635,762 1,658,377 1,628,515 1,468,885 % of Budgeted NOI 90 % 90 % 90 % 90 % 90 % Operating Member: $239,437.94 GAP: $19,155,035.46 SRT: $4,549,320.92 The land referred to herein below is situated in the City of Aurora, County of Portage, State of Ohio, described as follows: TRACT I: Parcel "A" Situated in the City of Aurora, County of Portage, State of Ohio and known as being part of Original Aurora Township, Lot No. 18 and is further bounded and described as follows: Beginning at a 7/8" iron pin found at the intersection of the center line of West Garfield Road (State Route 82) (60 feet wide) with the center line of Bissell Road (50 feet wide). Thence South 89° 41’ 30" Ea...
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SRT. SRT is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and is duly qualified to conduct business under the laws of each jurisdiction where the character of the properties owned, leased or operated by it or the nature of its activities makes such qualification necessary, except for any such failures to be qualified that would not reasonably be expected to have a Business Material Adverse Effect, and the Disclosure Schedule contains a complete list of those jurisdictions. SRT has all requisite corporate power and authority to carry on the business in which it is now engaged and to own and use the properties now owned and used by it.
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SRT. Snaper, ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ acknowledge this agreement modifies the terms of the SRT Partnership Agreement, including without limitation the fact that the transfer of rights in the Technology to ACT by SRT, Snaper, ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ is unconditional
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Related to SRT

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • meminta nasihat daripada Pihak ▇▇▇▇▇▇ dalam semua perkara berkenaan dengan jualan lelongan, termasuk Syarat-syarat Jualan (iii) membuat carian Hakmilik ▇▇▇▇▇ ▇▇▇▇▇▇ rasmi di Pejabat Tanah ▇▇▇/atau ▇▇▇▇-▇▇▇▇ Pihak-pihak Berkuasa yang berkenaan ▇▇▇ (iv) membuat pertanyaan dengan Pihak Berkuasa yang berkenaan samada jualan ini terbuka kepada semua bangsa atau kaum Bumiputra Warganegara Malaysia sahaja atau melayu sahaja ▇▇▇ juga mengenai persetujuan untuk jualan ini sebelum jualan lelong.Penawar yang berjaya ("Pembeli") dikehendaki dengan segera memohon ▇▇▇ mendapatkan kebenaran pindahmilik (jika ada) daripada Pihak Pemaju ▇▇▇/atau Pihak Tuanpunya ▇▇▇/atau Pihak Berkuasa Negeri atau badan-badan berkenaan (v) memeriksa ▇▇▇ memastikan samada jualan ini dikenakan cukai. HAKMILIK : Hakmilik strata bagi hartanah ini masih belum dikeluarkan HAKMILIK INDUK / NO. LOT : Pajakan Negeri 35263, Lot No.29096 MUKIM/DAERAH/NEGERI : Setapak / Kuala Lumpur / Wilayah Persekutuan Kuala Lumpur PEGANGAN : Pajakan selama 82-tahun berakhir pada 08/08/2085 KELUASAN LANTAI : 81.104 meter persegi ( 873 kaki persegi ) PEMAJU/PENJUAL : Mega Planner Jaya Sdn Bhd (326287-W)(Dalam Likuidasi) TUANPUNYA : Datuk Bandar Kuala Lumpur PEMBELI : ▇▇▇▇▇▇▇▇ Bin ▇▇▇▇▇ @ ▇▇▇▇ BEBANAN : Diserahhak kepada RHB Bank Berhad [196501000373 (6171-M)] Hartanah tersebut terletak di tingkat 9 pada bangunan apartment 14-tingkat terletak di Melati Impian Apartment, Setapak Fasa 1, Kuala Lumpur. Hartanah tersebut adalah sebuah unit apartment 3 ▇▇▇▇▇ dikenali sebaga ▇▇▇▇▇ Pemaju No. 9, Tingkat No.9, Pembangunan dikenali sebagai Melati Impian Apartment Setapak Fasa 1, Kuala Lumpur ▇▇▇ mempunyai alamat surat-▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇. ▇-▇, ▇▇▇▇▇▇ Impian Apartment, ▇▇▇▇▇ ▇/▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇. Harta ini dijual “keadaan seperti mana sediada” dengan harga rizab sebanyak RM 300,000.00 (RINGGIT MALAYSIA: TIGA RATUS RIBU SAHAJA) ▇▇▇ tertakluk kepada syarat-syarat Jualan ▇▇▇ melalui penyerahan hakkan dari Pemegang Serahak, tertakluk kepada kelulusan di perolehi oleh pihak Pembeli daripada pihak berkuasa, jika ada, termasuk semua terma, syarat ▇▇▇ perjanjian yang dikenakan ▇▇▇ mungkin dikenakan oleh Pihak Berkuasa yang berkenaan. Pembeli bertanggungjawab sepenuhnya untuk memperolehi ▇▇▇ mematuhi syarat-syarat berkenaan daripada Pihak Berkuasa yang berkenaan, jika ada ▇▇▇ semua ▇▇▇ ▇▇▇ perbelanjaan ditanggung ▇▇▇ dibayar oleh ▇▇▇▇▇ ▇▇▇▇▇▇▇.Pembeli atas talian (online) juga tertakluk kepada terma-terma ▇▇▇ syarat-syarat terkandung dalam ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Pembeli yang berminat adalah dikehendaki mendeposit kepada Pelelong 10% daripada harga rizab dalam bentuk Bank Draf atau Cashier’s Order di atas nama RHB Bank Berhad sebelum lelongan awam ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ hendaklah dibayar dalam tempoh sembilan puluh (90) hari dari tarikh lelongan kepada RHB Bank Berhad melalui Bank Draf / ▇▇▇▇▇▇. Butir-butir pembayaran melalui ▇▇▇▇▇▇, ▇▇▇▇ berhubung dengan Tetuan Zahrin Emrad & Sujaihah. Untuk maklumat lanjut, ▇▇▇▇ berhubung dengan TETUAN ZAHRIN EMRAD & SUJIAHAH, yang beralamat di Suite 10.3, 10th Floor, ▇▇▇ ▇▇▇▇ Building, ▇▇.▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇. Tel: ▇▇-▇▇▇▇ ▇▇▇▇ / Fax: ▇▇-▇▇▇▇ ▇▇▇▇. [ Ruj: ZES/ZHR/RHB-FC/16250-17/0614-pae ], peguamcara bagi pihak pemegang ▇▇▇▇▇ ▇▇▇ atau pelelong yang tersebut dibawah.

  • HOSPITALITY The College shall ensure that a comprehensive set of guidelines on the provision of hospitality is in place in line with DoF guidance.

  • Management Company The UCITS and its Sub-Funds are managed by the Management Company, in accordance with this Unit Trust Agreement for the account, and in the sole interest, of the Unitholders. In accordance with the applicable laws and regulations and this Unit Trust Agreement, the Management Company is entitled to dispose of the assets of the UCITS / Sub-Funds and to exercise any and all rights thereunder.

  • NO HARDSTOP/PASSIVE LICENSE MONITORING Unless an Authorized User is otherwise specifically advised to the contrary in writing at the time of order and prior to purchase, Contractor hereby warrants and represents that the Product and all Upgrades do not and will not contain any computer code that would disable the Product or Upgrades or impair in any way its operation based on the elapsing of a period of time, exceeding an authorized number of copies, advancement to a particular date or other numeral, or other similar self-destruct mechanisms (sometimes referred to as “time bombs,” “time locks,” or “drop dead” devices) or that would permit Contractor to access the Product to cause such disablement or impairment (sometimes referred to as a “trap door” device). Contractor agrees that in the event of a breach or alleged breach of this provision that Authorized User shall not have an adequate remedy at law, including monetary damages, and that Authorized User shall consequently be entitled to seek a temporary restraining order, injunction, or other form of equitable relief against the continuance of such breach, in addition to any and all remedies to which Authorized User shall be entitled.