Examples of Parent Body Agreement in a sentence
In the event that the Authority is found to have acted reasonably, the Contractor’s costs relating to the reference of the dispute to the Dispute Resolution Procedure shall be Disallowable and the Authority shall claim its relevant costs from the Parent Body Organisation pursuant to the Parent Body Agreement.
In the Contract Year in which the Parent Body Agreement is terminated, the relevant Contract Year shall be deemed to be split into two separate Contract Years and, when determining the level of Base Fee earned by the Contractor for each such deemed Contract Year, the Base Fee for each relevant Contract Year shall be apportioned across the deemed Contract Years on a pro rata basis.
Subject to the terms of the Parent Body Agreement (including without limitation clause 14 of the Parent Body Agreement and any terms governing the ownership and licensing of IP agreed pursuant to the Parent Body Agreement) the SLC shall be the legal and beneficial owner of all IP created by the Secondee in the course of the Secondee providing services to the SLC under this Secondment Agreement.
Without prejudice to the provisions of clause 4 (Governance) of the Parent Body Agreement, and provided that the Authority has given its prior written consent pursuant to those provisions, any Nominated Staff may sit on the Contractor's board of directors.
Without prejudice to the provisions of clause 4 (Governance) of the Parent Body Agreement, and provided that the Authority has given its prior written consent pursuant to those provisions, Key Personnel may sit on the Contractor's board of directors.
Subject to the provisions in Clause 8 (Intellectual Property) of this Contract, all Legal Proceedings shall be handled in accordance with the Parent Body Agreement.
Notwithstanding any inspection by the Authority under this Contract, the Parent Body Agreement or any documents referred to in them, or the failure of the Authority to make any inspection under this Contract, the Parent Body Agreement or any documents referred to in them, the Contractor’s responsibility under this Contract shall not be relieved or absolved or otherwise modified.
Subject to Clause 8 (Intellectual Property), the Authority and the Contractor agree that in respect of any claim received from Third Parties they shall comply with the procedures in respect of such claims which they are obliged to follow pursuant to clause 8 of the Parent Body Agreement.
In contrast, the Parent Body Agreement defines the terms on which the parent body organisation holds the shares in the site licence company and defines the role and financial obligations of the parent body organisation.
In cases of issues with the same final score, ranking preference shall be given to the issue with the higher ⑤(a) 3-year average ROE ranking ⑧ Selection shall be conducted as below, based on the final scores in ⑦ above.