External Advisors definition
Examples of External Advisors in a sentence
The role of the External Advisors will be to assist the work of the Strategic Management Board and the Principal Investigator and Project Manager by reviewing the scientific programme and ensuring continued relevance and focus within the consortium of the Collaborating Organisations.
Initially the External Advisors shall be ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ of University of Buea (Cameroon) and ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Federal University of Rio de Janeiro (Brazil).
Seller and Buyer certify that on [*], [*], 2021, payment was made by Buyer to the External Advisors under Section 2.2(d) of the Agreement.
External Advisors can be invited by the Board to attend or speak at meetings of members, but they do not vote, and generally do not receive notice of or attend such meetings.
External Advisors are individuals whose intellectual and/or organizational contributions would result in significant benefits relating to the mission of Xalgorithms Alliance.
Except for the External Advisors Fees, this Agreement only generates obligations in favor of the Parties, and therefore nothing in this Agreement, either express or implied, confer or is intended to confer on any other Person any right, benefit or remedy of any nature under or by reason of this Agreement.
Seller and Buyer declare and agree that as of the date hereof, the Buyer is at peace and except for payment of the Final Purchase Price and payment to the External Advisors and accordingly such obligations have been completed under the terms of the Agreement.
On the Closing Date and prior to the fulfillment of the condition precedent contained in Section 6.2(d), Buyer shall have sufficient funds to make payment of the Final Purchase Price and the costs and expenses related to the Transaction; as well as the External Advisors Fees.
However, in any case the Company will only bear the costs for the appropriate External Advisors up to the maximum amount of € 1,250,000 (the “Maximum Amount”); in case that the Company’s costs for the External Advisors exceed the Maximum Amount, such exceeding amount shall be paid by the Slovak Shareholders, it is being understood that costs for the External Advisors had been agreed by the special selection committee pursuant to Article IV.
Within ninety (90) calendar days after the Closing Date, the Buyer shall make the payment of fees to the External Advisors, on behalf of the Seller, at the expense of the Buyer for an amount equivalent to two billion Colombian Pesos plus VAT (COP$2,000,000,000), plus zero point zero one percent (0.01%) of the Final Purchase Price, plus VAT (the " External Advisors Fees"), in accordance with the electronic transfer instructions included in Schedule 2.2(d).