WEL definition
Examples of WEL in a sentence
UPS will provide Health and Welfare benefits as described in their Plan Description titled “THE UPS HEALTH AND WEL- FARE PACKAGE” and benefit comparison that was proposed and presented on August 28, 1997.
Signed: Signed: Name (printed): Name (printed): ▇▇▇ ▇▇▇▇▇, P.E. Title: Title: President Date: Date: E N G I N E E R I N G / L A N D S C A P E A R C H I T E C T U R E / S U R V E Y I N G ST O C K WEL L ENGI ▇▇▇▇ S.C O M / 605.
HBSP/ CVM/ WEL/ TB/ TNC101 The Accountholder acknowledges he is solely responsible for understanding and complying with his tax obligations (including but not limited to, tax payment or filing of returns or other required documentation relating to the payment of all relevant taxes) in all jurisdictions in which those obligations arise and relating to the opening and use of account(s) and/or Services provided by the Bank and/or members of the HSBC Group.
Neither Eurotech nor WEL shall voluntarily undertake any course of action inconsistent with satisfaction of the requirements applicable to them set forth in this Agreement and each shall promptly do all such acts and take all such measures as may be appropriate to enable them to perform as early as practicable the obligations herein required to be performed by them.
If the Gross Revenues reported on such audited financial statements differs from the cumulative amounts shown on the quarterly reports for such calendar year, WEL shall make an adjustment payment to Eurotech if the amounts shown on the quarterly reports were too low, or Eurotech shall make an adjustment payment to WEL if the amounts shown on the quarterly reports were too high, within twenty (20) days following delivery of the applicable audited financial statement.
This Agreement shall inure to the benefit of the successors and assigns of Company and any successors and permitted assigns of WEL, and shall be binding upon the successors and assigns of Eurotech and of WEL.
In the event that any such examination by Eurotech discloses an error in the determination of any amounts due hereunder that is confirmed by WEL's independent auditors, WEL shall make an adjustment payment to Eurotech if the amount previously paid was too low, or Eurotech shall make an adjustment payment to WEL if the amount previously paid was too high, within twenty (20) days following such independent auditor's confirmation of the error.
WEL shall keep at its usual place or places of business complete records of its Gross Revenues for each calendar quarter, for a period of not less than three (3) years following the end of such calendar quarter, and to regularly make entries in such records at its earliest business convenience for the purpose of showing the amounts payable to Eurotech hereunder.
If a first underwritten registration of the offering of the common stock of WEL does not become effective on or before November 30, 2005, then effective December 1, 2005 this Agreement shall be extinguished, and all rights and obligations created hereby shall terminate at the option of Eurotech.
In consideration of the payment of fees and royalties by WEL as set forth in Section 3 below, Eurotech hereby releases and waives the Reversion Rights, and transfers to WEL all of its rights in and to the business concept and URL's.