AEM Agreement definition
Examples of AEM Agreement in a sentence
For the first *** gateways purchased by Gulf under the AEty Agreement, verge and Gulf agree that the price to Gulf shall be reduced by $*** per gateway to.reflect an agreed-upon resolution of certain credits for late deliveries called for under Section 3 of Amendment No. 2 to the AEM Agreement, and to address the change in schedule to permit phased deliveries of Products as provided herein.
All Construction Services executed under this Contract shall be free from defective materials and workmanship.
Gulf shall be entitled to insist upon the performance by Comverge of all obligations of Seller (including, without limitation, satisfaction of functionality requirements and timely deliveries) under the AEM Agreement as amended hereby.
Scientific-Atlanta hereby assigns, effective as of the “Closing” (as defined in the Purchase Agreement) all of Scientific-Atlanta’s right, title and interest in and to the AEM Agreement, and Comverge does hereby assume, effective as of the Closing, all liabilities and obligations of the Seller under the AEM Agreement.
Gulf hereby irrevocably consents to the assignment of the AEM Agreement by Scientific-Atlanta to Comverge, effective as of the Closing.
The undersigned will comply with the requirements of the AEM Agreement as they apply to Approved Purchasers and shall be entitled to the rights and benefits of the AEM Agreement as provided therein, except as otherwise specifically agreed in writing by the undersigned and S-A.
Should the AEM Agreement be terminated consistent with provisions for termination prior to Gulf realizing the total cumulative price reductions of $*** provided for in this paragraph, any portion of this amount not yet realized will constitute a liability due Gulf as provided for in Section 3 of Amendment No. 2 to the AEM Agreement.
In consideration of such benefit, which DSSI acknowledges as sufficient, DSSI hereby unconditionally and irrevocably guarantees the full and timely performance by Comverge of all of Comverge’s obligations under the AEM Agreement as so assigned.
On and after February 1, 2000, purchases shall be made and volume deliveries shall be made in accordance with the AEM Agreement.
DSSI acknowledges that as the parent corporation of Comverge, it will benefit from the Closing and Gulf’s consent to the assignment of the AEM Agreement.