Trade Agreements. If the Recipient is subject to any provincial or federal trade agreements to which the Province is a party, the Recipient will comply with the applicable requirements of such trade agreements. In particular, and without limitation, if the Recipient is subject to Annex 502.4 of the Agreement on Internal Trade, the Recipient will comply with all applicable requirements of Annex 502.4. In the event of any conflict between any requirement under Annex 502.4 and a requirement under this Article A5 of the Agreement, Annex 502.4 will apply and prevail to the extent of that conflict.
Trade Agreements. (a) If goods or services will be delivered to a destination country having a trade preferential, customs union agreement, or customs program (“Trade Agreement”) with Seller’s country, Seller shall cooperate with Buyer to review eligibility of goods or services for any special program for Buyer’s benefit and provide Buyer required documentation to support the applicable special customs programs to allow duty free or reduced duty entry of goods into the destination country. Similarly, should any Trade Agreement applicable to the scope of a Purchase Order exist at any time during its term and be of benefit to Buyer in Buyer’s judgment, Seller shall cooperate with Buyer’s efforts to realize any such available credits, including counter-trade or offset credit value, which may result from such Purchase Order, and Seller acknowledges that such credits and benefits shall inure solely to Buyer’s benefit.
Trade Agreements. Liabilities and obligations under Trade Agreements shall be prorated in favor of the Buyers to the extent that the total liability of the Stations for air time under such agreements as of the Effective Time exceeds by ten percent (10%) the total value of (as of the date of each Trade Agreement) of the property to be received by the Buyers under such agreements after the Effective Time. The liability of the Stations for unperformed time under a Trade Agreement as of the Effective Time shall be valued according to the Station's prevailing rate as of the date of such Trade Agreement. The Buyers shall not be obligated to make any proration in favor of the Sellers with respect to Trade Agreements, notwithstanding that the fair market value of property to be received by the Buyers exceeds the liability for unperformed time. The Sellers covenant that the net liability of the Stations under Trade Agreements as of the Effective Time shall not exceed $35,000.
Trade Agreements. Schedule 1(e) includes, but is not limited to, a description of agreements for the sale of time on the Stations for merchandise or services ("Trade Agreements") on the date hereof and correctly sets forth Sellers' current obligations under each such Trade Agreement. On the Closing Date, Buyer shall assume the Trade Agreements listed on this Schedule; provided, however, that if Sellers' aggregate obligations under Trade Agreements as of the Closing Date exceed Ten Thousand Dollars ($10,000), then all amounts in excess of $10,000.00 shall be considered an operating expense of Sellers to be pro-rated in accordance with Section 3. The Trade Agreements shall be considered assumed by Buyer. Sellers shall use reasonable efforts to eliminate any negative balance in excess of $10,000.00 for Trade Agreements prior to the Closing Date.
Trade Agreements. All contracts for sale of time on the Station for ---------------- other than monetary consideration.
Trade Agreements. Liabilities and obligations under Trade Agreements shall be prorated in favor of Programmer for the amount, if any, by which the aggregate net value of the Stations' Barter Payable (as defined in the KIXW/KZXY Purchase Agreement) for air time under such agreements as of 12:01 a.m. on the Commencement Date in excess of Twenty-Five Thousand Dollars ($25,000) as of the Commencement Date exceeds the aggregate net value of the Stations' Barter Receivable (as defined in the KIXW/KZXY Purchase Agreement) as of the Commencement Date. Programmer shall not be obligated to make any proration in favor of Licensee with respect to Trade Agreements, notwithstanding that the fair market value of property to be received by Programmer exceeds the liability for unperformed time.
Trade Agreements. Bidders should note that procurements falling within the scope of the Canadian Free Trade Agreement, the Atlantic Procurement Agreement, and/or the Canada-European Union Comprehensive Economic Trade Agreement are subject to those trade agreements but that the rights and obligations of the parties will be governed by the specific terms of this ITT.
Trade Agreements. Liabilities and obligations under the ---------------- Trade Agreements shall be prorated in favor of Buyer, to the extent that the fair market value of the air time not yet carried on the Stations under such agreements as of the Effective Time is greater than the total of the vendor's prices (as of the date of each Trade Agreement) for the property to be received by Buyer under such agreements after the Effective Time (the "Trade Imbalance"); provided, however, that such proration in Buyer's favor shall be ----------------- made only to the extent that the Trade Imbalance exceeds $50,000 in the aggregate for the Stations. No proration shall be made in favor of Seller hereunder. As used in this Section 3.3.3, fair market value for air time not yet carried on the Stations shall be computed on the basis of the trade schedule appended hereto as Schedule 3.3.3, updated to the Effective Time using consistently applied accounting procedures.