Background and Purpose of this Agreement Sample Clauses

Background and Purpose of this Agreement. 1. The Parties acknowledge that Health Education England disburses education support and undergraduate Primary Care funding to the University to commission undergraduate medical education and training for Students registered on the 6 year MBBS degree programme managed by the Medical School. A Service Level Agreement between Health Education England and the University sets out the obligations relating to the commissioning of placements by the University and the disbursement of this funding.
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Background and Purpose of this Agreement. (a) Sabal Homes will be the parent company of various limited liability companies established by Sabal Homes for the purpose of constructing homes in various subdivisions throughout South Carolina and possibly in other states (each a “Subdivision’). Sabal Homes contemplates forming a separate subsidiary limited liability company for construction of houses in each Subdivision. Each such subsidiary limited liability company is referred to herein as the “General Contractor” with respect to the Subdivision for which such General Contractor has been formed.
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Background and Purpose of this Agreement. This user agreement is the first step to participating in XXX Pharma Open Innovation with focus on PPI testing. It outlines how XXX Xxxxxx will safeguard the intellectual property belonging to you and that all data generated in the disease-relevant bioassays is owned by you. We use this agreement in order to collaborate for mutual benefit. You benefit with access to biological assays, at no cost and with no risk of jeopardised assets or intellectual property; and XXX Xxxxxx benefits by exploring new partnership opportunities. The format and scope of any future partnership are not covered by this agreement, so we’ll discuss this on a case-by-case basis once the data are available to us both.
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Background and Purpose of this Agreement. Under the Logistics Agreement dated Xxxxx 00, 0000, Xxxx delivers and sells to congatec computer-modules for resale by congatec. Congatec delivers and sells to Efco certain parts for usage in the manufacture of congatec computer-modules. Per the Agreement on Payment Terms between both parties of July 1, 2010, standard payment term for invoices of both parties for both kinds of transactions is 45 days, net. In general, Efco’s receivables balance from congatec is higher than congatec’s receivable balance from Efco. The Purpose of this Agreement is to determine the way of settling the invoices of both parties through an offsetting procedure.
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Background and Purpose of this Agreement 
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Related to Background and Purpose of this Agreement

  • PURPOSE OF THIS AGREEMENT 2.1 To comply with the provisions of Section 57(1)(b),(4B) and (5) of the Systems Act as well as the Contract of Employment entered into between the Parties;

  • Scope of this Agreement 2.1. This Agreement, including Parts A through L, Tables One and Two and exhibits, specifies the rights and obligations of each Party with respect to the establishment, purchase, and sale of Local Interconnection, Collocation, resale of Telecommunications Services and Unbundled Network Elements. Certain terms used in this Agreement shall have the meanings defined in PART A – DEFINITIONS, or as otherwise elsewhere defined throughout this Agreement. Other terms used but not defined in this Agreement will have the meanings ascribed to them in the Act and in the FCC’s and the Commission’s rules, regulations and orders. PART B sets forth the general terms and conditions governing this Agreement. The remaining Parts set forth, among other things, descriptions of the services, pricing, technical and business requirements, and physical and network security requirements.

  • Continuing Nature of this Agreement This Agreement, including the subordination provisions hereof, will be reinstated if at any time any payment or distribution in respect of any of the Parity Lien Obligations is rescinded or must otherwise be returned in an Insolvency or Liquidation Proceeding or otherwise by any holder of Parity Lien Obligations or Parity Lien Representative or any representative of any such party (whether by demand, settlement, litigation or otherwise). In the event that all or any part of a payment or distribution made with respect to the Parity Lien Obligations is recovered from any holder of Parity Lien Obligations or any Parity Lien Representative in an Insolvency or Liquidation Proceeding or otherwise, such payment or distribution received by any holder of Junior Lien Obligations or Junior Lien Representative with respect to the Junior Lien Obligations from the proceeds of any Collateral at any time after the date of the payment or distribution that is so recovered, whether pursuant to a right of subrogation or otherwise, that Junior Lien Representative or that holder of a Junior Lien Obligation, as the case may be, will forthwith deliver the same to the Collateral Trustee, for the account of the holders of the Parity Lien Obligations and other Obligations secured by a Permitted Prior Lien, to be applied in accordance with Section 3.4. Until so delivered, such proceeds will be held by that Junior Lien Representative or that holder of a Junior Lien Obligation, as the case may be, for the benefit of the holders of the Parity Lien Obligations and other Obligations secured by a Permitted Prior Lien.

  • Terms of this Agreement The Parties acknowledge that this Agreement and all of the respective terms of this Agreement shall be treated as Confidential Information of both Parties.

  • Amendment of this Agreement No provision of this Agreement may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against whom enforcement of the change, waiver, discharge or termination is sought, and no amendment of this Agreement shall be effective until approved in a manner consistent with the 1940 Act and rules and regulations thereunder and any applicable SEC exemptive order therefrom.

  • Construction of this Agreement The Parties agree that each Party and its legal counsel have reviewed and revised this Agreement and that any rule of construction to the effect that ambiguities are to be resolved against the drafting Party shall not apply in the interpretation of this Agreement or any amendments or exhibits thereto.

  • Execution of this Agreement This Agreement may be executed in multiple counterparts, each of which will be deemed to be an original copy of this Agreement and all of which, when taken together, will be deemed to constitute one and the same agreement. The exchange of copies of this Agreement and of signature pages by facsimile or other electronic transmission shall constitute effective execution and delivery of this Agreement as to the parties and may be used in lieu of the original Agreement for all purposes.

  • Performance of this Agreement Buyer shall have duly performed or complied with all of the obligations to be performed or complied with by it under the terms of this Agreement on or prior to the Closing Date.

  • Duration of this Agreement The Term of this Agreement shall be as specified in Schedule A hereto.

  • Application of this Agreement 2.1 All facilities made available by the Bank to any Person in respect of a Card or a Card Account are subject to the terms and conditions of this Agreement (as may be amended from time to time subject to prior notice) and any other applicable terms and conditions. A Person becomes subject to such terms and conditions (if not already so subject) by signing, activating or using a Card or permitting its use.

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