GMSV definition
Examples of GMSV in a sentence
The following clauses in the Agreement are not applicable to this contract between IBM Spain and GMSV: Base Agreement, Section 8, Purchase of Assets Base Agreement, Section 9, Personnel.
The GMSV for each Guaranteed Interest Account will be reduced by the amount requested from that account.
GMSV agrees that these payments will not take place before GMSV has made the corresponding payment for the license fees.
Accordingly, IBM Spain and GMSV hereby recognizing each other capacity to act hereunder have decided to grant the present Contract pursuant to the terms and conditions of the above-mentioned Agreement, and its attachments, having the same Effective Date that is defined in that Agreement, and the following specific conditions: ---------- [*] = Information redacted pursuant to a confidential treatment request.
Materials costs that GMSV incurs in other than pesetas will be converted to pesetas at the exchange rate agreed for the quarter in which GMSV pays for those materials.
The Surrender Value attributable to each Guaranteed Interest Account will be increased if necessary to at least equal the GMSV for that account.
Components of cost for which third party quotes are in other than pesetas will be translated to pesetas at the rate IBM Spain and GMSV agree for the period for which the prices are defined.
The terms and conditions, including pricing, governing the use of IBM's MVS software shall be granted under a separate licensing agreement between IBM Spain and GMSV.
Any write-up or write-down necessary to update GMSV inventory prices in pesetas to the component prices in pesetas agreed for the following period will be paid by/to IBM Spain through specific Purchase Order.
For each Guaranteed Interest Account, this amount may be increased if necessary to at least equal the GMSV for that account.