Stipulation of Value Sample Clauses

Stipulation of Value. Within three days of confirming the Direct Payment has been deposited and cleared, counsel to the Board of Education shall sign a Stipulation of Value agreeing 1 The formula for calculating the Direct Payment is: [($5,972,850 - $5,000,000) x .35 x 41.768569 xxxxx / 1,000] + [($5,972,850 - $5,000,000) x .35 x 40.831896 xxxxx / 1,000 x .75] + [($5,972,850 - $5,000,000) x .35 x 41.3 xxxxx / 1,000]. to a market value of $5,000,000 for the Subject Property for tax years 2019 and 2020 and to carry- forward a market value of $5,000,000 for the Subject Property for tax year 2021. A copy of the Stipulation of Value is attached and incorporated herein by reference.
Sample 1
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Stipulation of Value. The Voting Members, at their annual meeting, or a special meeting called for said purpose shall determine the total value of the membership interest in the Company for the then current fiscal year and shall enter the same in the annual minutes or special minutes. The value of the Company’s membership interests shall be controlling but there shall be added to or subtracted from this value a pro-rata percentage of any profits or losses which the Company may have derived or incurred from the sale of any of the assets of the Company, distribution of assets to the members or for any other reason from the date of the last determination to the date of the member’s death or date of sale of member’s interest in the Company.
Sample 1

Related to Stipulation of Value

  • ACCEPTANCE OF DEED The acceptance and recording of a deed by the BUYER or his nominee as the case may be, shall be deemed to be a full performance and discharge of every agreement and obligation herein contained or expressed, except such as are, by the terms hereof, to be performed after the delivery of said deed.

  • Construction of Contract Both parties have participated fully in the review and revision of this contract. Any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not apply to the interpretation of this contract.

  • Interpretation of Contract In the event of a conflict or question involving the provisions of any part of this Contract, interpretation and clarification as necessary shall be determined by the County’s assigned buyer. If disagreement exists between the Contractor and the County’s assigned buyer in interpreting the provision(s), final interpretation and clarification shall be determined by the County’s Purchasing Agent or his designee.

  • Violation of Contract a. If Purchaser violates any provision of this contract, the Contract Administrator, by written notice, may suspend delivery of further loads of forest products. If the violation is capable of being remedied, the Purchaser has five (5) days after receipt of suspension notice to remedy the violation. If the violation cannot be remedied (such as violation of WAC 240-15-015) or Purchaser fails to remedy the violation within five (5) days after receipt of a suspension notice, the State may terminate the rights of the Purchaser under this contract and collect damages as described in the damages clause in this contract.

  • Interpretation of Lease The captions preceding the articles and sections of this Lease and in the table of contents have been inserted for convenience of reference only and such captions shall in no way define or limit the scope or intent of any provision of this Lease. This Lease has been negotiated at arm’s length and between persons sophisticated and knowledgeable in the matters dealt with herein and shall be interpreted to achieve the intents and purposes of the parties, without any presumption against the party responsible for drafting any part of this Lease. Provisions in this Lease relating to number of days shall be calendar days. Use of the word “including” shall mean “including, without limitation.” References to statutes, sections, ordinances or regulations are to be construed as including all statutory, ordinance, or regulatory provisions consolidating, amending, replacing, succeeding or supplementing the statute, section, ordinance or regulation. Whenever the singular number is used in this Lease and when required by the context, the same includes the plural, the plural includes the singular, and the masculine gender includes the feminine and neuter genders, and the word “person” shall include corporation, partnership, firm, limited liability company, and association.

  • Conclusion of Contract Within 30 days after the termination, cancellation, expiration or other conclusion of the Contract, the Contractor must, at no cost to the County, return all County Information to the County in a format defined by the County Project Officer. The County may request that the Information be destroyed. The Contractor is responsible for ensuring the return and/or destruction of all Information that is in the possession of its subcontractors or agents. The Contractor must certify completion of this task in writing to the County Project Officer.

  • Constitution There shall be an Advisory Board for each trade covered by the Apprenticeship Agreement, consisting of two (2) representatives of the Industry; two (2) from the Union, one (1) representing the Vocational School and one (1) from the Apprenticeship and Industrial Training Branch.

  • Construction of Agreement The parties mutually acknowledge that they and their attorneys have participated in the preparation and negotiation of this Agreement. In cases of uncertainty this Agreement shall be construed without regard to which of the parties caused the uncertainty to exist.

  • Acceptance of Agreement This Agreement shall not be considered accepted, approved or otherwise effective until the statutorily required approvals and certifications have been given.

  • Determination of Agreement 29. (1) In any of the following events namely if —

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