TEO definition
Examples of TEO in a sentence
If Tenant fails to execute or deliver such TEO or pay the entire cost of such Additional Work within such 5-day period, then Landlord shall not be obligated to do any of the Additional Work and may proceed to do only the Work, as specified in the Working Drawings.
Tenant shall execute and deliver to Landlord such TEO and shall pay to Landlord the entire cost of the Additional Work, including Landlord's Additional Compensation (as reflected in Landlord's statement of such cost), within five (5) days after Landlord's submission of such statement and TEO to Tenant.
Tenant agrees to pay to Landlord, concurrently with its execution of the TEO, the entire cost of the Additional Work as shown in the statement delivered by Landlord.
Such supply shall continue as long as the TEO Scaler is employed as a TEO Scaler.
The Parties shall use reasonable best efforts to cause TEO to execute a joinder and become a party to this Agreement as soon as practicable.
As promptly as practicable after the Closing, the Purchaser agrees, subject to applicable fiduciary duties and contractual and legal obligations and only to the extent it has the power or right to do so under its voting, governance and contractual rights, to use commercially reasonable efforts in its capacity as a shareholder to cause each TEO Company other than Sofora to execute a mutual release and discharge in favor of the Sellers, substantially in the form of the Seller Release mutatis mutandis.
For decisions regarding expenditure above these limits, TEO approval will be required.
HAKMILIK INDUK TANAH : NT 023219329 & NT 023126338 DAERAH/NEGERI : Papar / Sabah PEGANGAN : Kekal KELUASAN LANTAI : 112.5 meter persegi (1,211 kaki persegi ) PEMAJU/PENJUAL : TEO Development Sdn Bhd (725157-A) PEMBELI : ▇▇▇▇▇ ▇▇▇ ▇▇▇ BEBANAN : Diserahhak kepada RHB Bank Berhad [196501000373 (6171-M)] Hartanah tersebut terletak di Kimanis Industrial Park, Papar.
Prior to commencing any Additional Work requested by Tenant, Landlord shall submit to Tenant a written statement of the cost of such Additional Work, and, concurrently with such statement of cost, Landlord shall also submit to Tenant a proposed tenant extra order (the "TEO") for the Additional Work in the standard form then in use by Landlord.
If Tenant shall fail to enter into said TEO within one (1) week after Tenant's receipt thereof, Landlord shall proceed to do only the Work specified in the Plan and Working Drawings.