Examples of Subject of Agreement in a sentence
Section 1 Subject of Agreement 1.1 Capacity to be sold Seller sells and Purchaser purchases an electric capacity of 159 MW (the Allocated Capacity) for power generation of the Kraftwerk Buschhaus (the Allocated Power Plant) from [●starting date] until decommissioning of the Allocated Power Plant.
The Supplier shall also ensure that the Subject of Agreement complies with the occupational safety and health requirements and the statutory regulations on preventing accidents and that, in particular, protective devices required by the indicated regulations are supplied; the above also applies to the production of individual parts necessary to ensure the proper performance of the Subject of Agreement even if they have not been explicitly indicated in the Order.
The Lender reserves the right to request the return of the Subject of Borrowing before the end of the agreed borrowing period if the Borrower does not use the Subject of Agreement properly or uses it in violation of the purpose of borrowing.
The Supplier warrants that the Subject of Agreement has the required properties, is in line with the latest recognised technical rules and that the Supplier is liable for physical and legal defects which cause or may cause the value or usability to drop against the ordinary value or usability or make it impossible to use the Subject of Agreement as determined in the Agreement..
The amount resulting from the VAT invoice issued to the Ordering Party shall also cover the costs of manufacturing racks and tools necessary to deliver the Subject of Agreement.
The Supplier ensures adequate quality control of the Subject of Agreement with regard to the type, scope and state of the art and demonstrates the fulfilment of this obligation and also allows HAUCK to verify the production process upon HAUCK's request.
The damages also cover the costs of all service actions which HAUCK has undertaken after an accurate examination of the Subject of Agreement.
If the Subject of Agreement is neither repairable nor replaceable, the Ordering Party has the right, at its discretion, to reduce the fixed purchasing price or the Service costs (reduction) or to renounce the Agreement.
If claims are asserted against Exyte because of infringements of industrial property rights or copyrights relating to the Subject of Agreement, the Subcontractor shall indemnify Exyte for such claims upon first demand.
If the Parties have agreed on the shipment of the Goods, the risk of an accidental loss or damage of the Subject of Agreement shall pass to the Ordering Party at the earlier of the following moments: when they are handed over to the forwarder, an entity picking up the shipment, forwarded or sent also in case when HAUCK takes over and pays the costs of transport or HAUCK covers them on behalf of the Ordering Party.