Assets and Services Sample Clauses

Assets and Services. 9.1 The Partner will keep all assets funded by this SLA in good repair and will make sure they have adequate insurance cover for all of them. Any loss resulting from payments made for assets before delivery will be The Partner’s responsibility. If the asset is damaged, destroyed, or stolen, The Partner must inform WVSC in writing and must repair or replace it.
AutoNDA by SimpleDocs
Assets and Services. The Partner will keep all assets funded by this SLA in good repair and will make sure they have adequate insurance cover for all of them. Any loss resulting from payments made for assets before delivery will be The Partner’s responsibility. If the asset is damaged, destroyed, or stolen, The Partner must inform WVSC in writing and must repair or replace it. During the funding monitoring period The Partner will provide an annual statement that assets are still held and insured by The Partner. The Partner will not sell, give away, or borrow against assets without first receiving WVSC’s written consent. Any assets purchased utilising funding provided by WVSC will remain the property of the project and WVSC reserves the right to take ownership of these assets at any time. If any part of the grant is used to purchase capital items or services, or a series of services costing more than £10,000 The Partner will put this out to competitive tender. The exception to this will be if the application to deliver project services specifies Partnership arrangements and that these are agreed with WVSC. If there are any other reasons why The Partner cannot tender The Partner will obtain WVSC’s written agreement in advance. The Partner will ensure all purchases are procured in line with the Public Procurement Policies. Payment of Funds WVSC will not be liable to make payments to the Partner until an accurate claim has been received and processed and all partner costs have been defrayed. WVSC will make payments in accordance with the detailed financial breakdown of the project. Subject to 10.1 and 10.2 WVSC will pay in accordance with Appendix 2. WVSC will pay the funds by bank transfer (BACS) into a UK based bank account or building society account in The Partner’s name, which requires the signatures of at least two authorised people for every withdrawal. The Partner will not use ATM’s or debit cards to make funding related cash withdrawals or payments from this account. WVSC will not be liable for any losses or costs (including, but not only, bank charges) if WVSC does not make payments on the agreed date. The Partner may not use any payments made through this funding agreement as match funding for ESF direct bid projects. If WVSC is not satisfied that The Partner has met all the terms of the SLA, or WVSC need extra information or documentation, WVSC may ask for this and may postpone payment of funds until WVSC feel that terms are met or until WVSC receives the material requ...
Assets and Services 

Related to Assets and Services

  • Products and Services General Information The Vendor Agreement (“Agreement”) made and entered into by and between The Interlocal Purchasing System (hereinafter “TIPS”) a government cooperative purchasing program authorized by the Region 8 Education Service Center, having its principal place of business at 0000 XX Xxx 000 Xxxxx, Xxxxxxxxx, Xxxxx 00000 and the TIPS Vendor. This Agreement consists of the provisions set forth below, including provisions of all attachments referenced herein. In the event of a conflict between the provisions set forth below and those contained in any attachment, the provisions set forth shall control unless otherwise agreed by the parties in writing and by signature and date on the attachment. A Purchase Order (“PO”), Agreement or Contract is the TIPS Member’s approval providing the authority to proceed with the negotiated delivery order under the Agreement. Special terms and conditions as agreed between the Vendor and TIPS Member should be added as addendums to the Purchase Order, Agreement or Contract. Items such as certificate of insurance, bonding requirements, small or disadvantaged business goals are some, but not all, of the possible addendums.

  • Assets and Contracts Except as expressly set forth in this Agreement, the Parent Balance Sheet or the notes thereto, or the Parent SEC Documents, Parent is not a party to any written or oral agreement not made in the ordinary course of business that is material to Parent. Parent does not own any real property. Except as expressly set forth in this Agreement, the Parent Balance Sheet or the notes thereto, or the Parent SEC Documents, Parent is not a party to or otherwise barred by any written or oral (a) agreement with any labor union, (b) agreement for the purchase of fixed assets or for the purchase of materials, supplies or equipment in excess of normal operating requirements, (c) agreement for the employment of any officer, individual employee or other Person on a full-time basis or any agreement with any Person for consulting services, (d) bonus, pension, profit sharing, retirement, stock purchase, stock option, deferred compensation, medical, hospitalization or life insurance or similar plan, contract or understanding with respect to any or all of the employees of Parent or any other Person, (e) indenture, loan or credit agreement, note agreement, deed of trust, mortgage, security agreement, promissory note or other agreement or instrument relating to or evidencing Indebtedness for Borrowed Money or subjecting any asset or property of Parent to any Lien or evidencing any Indebtedness, (f) guaranty of any Indebtedness, (g) lease or agreement under which Parent is lessee of or holds or operates any property, real or personal, owned by any other Person, (h) lease or agreement under which Parent is lessor or permits any Person to hold or operate any property, real or personal, owned or controlled by Parent, (i) agreement granting any preemptive right, right of first refusal or similar right to any Person, (j) agreement or arrangement with any Affiliate or any “associate” (as such term is defined in Rule 405 under the Securities Act) of Parent or any present or former officer, director or stockholder of Parent, (k) agreement obligating Parent to pay any royalty or similar charge for the use or exploitation of any tangible or intangible property, (1) covenant not to compete or other restriction on its ability to conduct a business or engage in any other activity, (m) distributor, dealer, manufacturer’s representative, sales agency, franchise or advertising contract or commitment, (n) agreement to register securities under the Securities Act, (o) collective bargaining agreement or (p) agreement or other commitment or arrangement with any Person continuing for a period of more than three months from the Closing Date that involves an expenditure or receipt by Parent in excess of $1,000. Parent maintains no insurance policies or insurance coverage of any kind with respect to Parent, its business, premises, properties, assets, employees and agents. No consent of any bank or other depository is required to maintain any bank account, other deposit relationship or safety deposit box of Parent in effect following the consummation of the Merger and the transactions contemplated hereby.

  • Assumed Business Names Borrower has filed or recorded all documents or filings required by law relating to all assumed business names used by Borrower. Excluding the name of Borrower, the following is a complete list of all assumed business names under which Borrower does business: None.

  • The Business The parties acknowledge that the Company is engaged in the development, marketing and sale of certain proprietary technologies, processes and related products in the areas of chemical detection, technical processes, and technical/business services, and that the Company may also from time to time become or may intend to become engaged in other business endeavors (individually and collectively, the "BUSINESS"). The Company shall be deemed to intend to become engaged in a business endeavor if it has devoted or expended any significant resources, either financial or human resources, towards the proposed endeavor, either in planning or implementing the undertaking of such planned endeavor.

  • Business Locations Set forth on Schedule 6.20(a) is a list of all Real Properties located in the United States that are owned or leased by the Loan Parties as of the Closing Date. Set forth on Schedule 6.20(b) is a list of all locations where any tangible personal property of a Loan Party is located as of the Closing Date. Set forth on Schedule 6.20(c) is the chief executive office, jurisdiction of incorporation or formation and principal place of business of each Loan Party as of the Closing Date.

  • Hosting Services 13.1 If Supplier or its subcontractor, affiliate or any other person or entity providing products or services under the Contract Hosts Customer Data in connection with an Acquisition, the provisions of Appendix 1, attached hereto and incorporated herein, apply to such Acquisition.

  • Customer Services Customer Relationship Management (CRM): All aspects of the CRM process, including planning, scheduling, and control activities involved with service delivery. The service components facilitate agencies’ requirements for managing and coordinating customer interactions across multiple communication channels and business lines. Customer Preferences: Customizing customer preferences relative to interface requirements and information delivery mechanisms (e.g., personalization, subscriptions, alerts and notifications).

  • Disposition Services The Manager shall:

  • Business Assets The Company Assets comprise all of the property and assets of the Business, and none of the Vendor or the Significant Shareholders nor any other person, firm or corporation owns any assets used by the Company in operating the Business, whether under a lease, rental agreement or other arrangement;

  • Acquisition Services (i) Serve as the Company’s investment and financial advisor and provide relevant market research and economic and statistical data in connection with the Company’s assets and investment objectives and policies;

Time is Money Join Law Insider Premium to draft better contracts faster.