Flotsam definition

Flotsam means goods lost from a ship which has sunk or otherwise perished which are recoverable by reason of their remaining afloat.
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Flotsam. Snoopy" and "Tsunami" and any error corrections or updates prior to the Closing.
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Examples of Flotsam in a sentence

  • In the absence of consent by the Company, which shall not be unreasonably withheld, none of the rights of Flotsam to receive any form of fees or compensation payable pursuant to this Agreement shall be assignable or transferable.

  • The Company hereby retains and engages Flotsam and Flotsam hereby accepts such retainer and engagement to perform the services described in Section 2 hereof on the terms and conditions hereinafter set forth (the “Engagement”).

  • The Company will pay Flotsam a one-time signing bonus (the “Signing Bonus”) of C$250,000 plus GST payable by March 30, 2020.

  • The rights of the Company under this Agreement may, without the consent of Flotsam, be assigned by the Company to any person, firm, corporation, or other business entity which at any time, whether by purchase, merger, or otherwise, directly or indirectly, acquires all or material portions of the stock, assets or any line of business of the Company.

  • All documents, information or other material relating to the business of the Company prepared or received by Flotsam during the continuance of this Agreement shall be the property of the Company.

  • The Company and its subsidiaries carry on the business of mineral exploration and development in Canada and elsewhere and the Company wishes to retain Flotsam as an independent contractor to provide certain management and administrative consulting services to the Company on the terms and conditions of this Agreement.

  • Nothing in Section 7 hereof shall be deemed to operate or shall operate as a release, settlement of discharge of any liability to the Company or others from any action or omission by Flotsam enumerated in Section 6.1(b) hereof as a possible basis for termination of Flotsam’s engagement for Fundamental Breach.

  • At the option of Flotsam on providing to the Company with 60 days prior written notice in accordance with section 6.2.

  • Such Incentive Fee may be satisfied in whole or in part by payments from the Company’s subsidiaries and may be payable in shares of the Company at the option of the Flotsam.

  • If a Notice of Termination is given by the Company or Flotsam, such notice shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances that provide a basis for termination of the Engagement under the provision so indicated.

Related to Flotsam

  • SAMR means the State Administration for Market Regulation of the PRC or, with respect to the issuance of any business license or filing or registration to be effected by or with the State Administration for Market Regulation, any Governmental Authority which is similarly competent to issue such business license or accept such filing or registration under the Laws of the PRC.

  • Roomer means a person occupying a dwelling unit that lacks a major bathroom or kitchen facility, in a structure where one or more major facilities are used in common by occupants of the dwelling unit and other dwelling units. Major facility in the case of a bathroom means toilet, or either a bath or shower, and in the case of a kitchen means refrigerator, stove or sink.

  • Tabarru ” means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • CSAM or "Credit Suisse" (or any combination thereof).

  • snippet means a legally binding agreement (made pursuant to the provisions of this Framework Agreement) for the provision of the Services made between a Contracting Body and the Supplier comprising of an Order Form and the Call-Off Terms;","size":74,"snippetLinks":[{"key":"legally-binding-agreement","type":"clause","offset":[8,33]},{"key":"the-provisions-of-this","type":"clause","offset":[52,74]},{"key":"framework- agreement","type":"definition","offset":[75,94]},{"key":"the-provision-of-the-services","type":"clause","offset":[100,129]},{"key":"contracting-body","type":"definition","offset":[145,161]},{"key":"the-supplier","type":"clause","offset":[166,178]},{"key":"order-form","type":"clause","offset":[196,206]},{"key":"off-terms","type":"clause","offset":