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. During the Program Term, in connection with the drilling of an Exploratory Well on a Prospect, McMoRan shall have complete authority to enter into unit agreements, acreage swap agreements, bottom hole and dry hole contribution agreements and any similar agreements with unrelated third parties. The cost or proceeds of any of the forgoing agreements shall be credited or charged to the members of the McMoRan Group (1) in the proportion that such parties participated in the drilling of the affected Exploratory Well, or (2) if the costs relate to the payment by the Exploratory Program of a dry hole or bottom hole contribution to a third party, in the proportion that such parties bear Exploration Expenditures hereunder, and any interest in leases or oil or gas thus acquired by exchange shall constitute Leasehold Interests subject hereto and be owned by the members of the McMoRan Group in proportion to their ownership interest in such Prospect.
Trade Agreements. Contractors should note that procurements falling within the scope of Chapter 5 of the Agreement on Internal Trade and/or the Atlantic Procurement Agreement are subject to those trade agreements but that the rights and obligations of the parties shall be governed by the specific terms of this tender.
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. (a) If goods or services will be delivered to a destination country having a free trade agreement or other preferential trade customs union agreement, or customs program (“Trade Agreement”) with the country from which the goods are shipped, or the two countries are members of a customs union, Seller shall cooperate with Buyer to review eligibility of goods or services for any preferential tariff treatment and provide Buyer required documentation to support the applicable treatment. 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 realise 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. The requirement is subject to the provisions of the Canadian Free Trade Agreement (CFTA).
Trade Agreements. If Goods will be delivered to a destination country having a preferential tariff or trade agreement, customs union agreement, or customs program (“Trade Agreement”) with Seller’s country or country from which the Goods originate, Seller shall cooperate with Buyer’s benefit and provide Buyer required documentation (e.g., NAFTA Certificate). All Orders for Goods produced in Mexico and other countries with IMMEX or similar programs shall be processed under such programs as may be requested by Buyer.
Trade Agreements. From the date of the Agreement through the Closing, the Equity Entities shall not modify or amend any existing Trade Agreements or enter into any new Trade Agreements (other than in the ordinary course of the Business or Trade Agreements that provide for termination upon thirty (30) days notice without financial penalty) without the prior written consent of the Buyer which shall not be unreasonably withheld or delayed.