Formal Agreement. 2. Immediately after closing, the new management of Senior Care will make every reasonable effort to register the Tender Offer through a S-4 Registration Statement, or other appropriate registration statement to the U.S. Securities and Exchange Commission.
Formal Agreement. 5. This engagement letter shall inure to the benefit of and be binding upon the parties hereto and their successors and assigns. The provisions of this engagement letter are severable, and in the event that any provision of this engagement letter shall be held to be invalid, illegal, or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. No agreement changing, modifying, amending, extending, superseding, or discharging this engagement letter or any provision hereof shall be valid or enforceable unless it is in writing and is dated and signed by duly authorized representatives of both Senior Care and Tri-National.
Formal Agreement. If the above Agreement and relating exhibits thereto are acceptable, would you please execute the acceptance and acknowledgment hereinafter provided, upon which this letter will become a binding agreement between us. Sincerely, /S/ Xxxxxxx X. Xxxxxxxx ----------------------- Xxxxxxx X. Xxxxxxxx, President and CEO ACCEPTANCE AND ACKNOWLEDGMENT: Senior Care Industries, Inc. hereby accepts this engagement letter and agrees to the terms and provisions herein above set forth with respect to such engagement letter. By: /S/ Xxxxxx X. Xxxxxx, Xx. ----------------------------- Xxxxxx X. Xxxxxx, Xx. Chief Executive Officer Date: April 30, 2001
Formal Agreement. Choose One (1) ☐ Pending the satisfaction of all materials by the Investor within days a formal agreement shall be established between the parties. ☐ There shall be no formal agreement created.
Formal Agreement. 8. Any notice, demand or request required or permitted to be given by either party to the other party pursuant to the terms of this engagement letter shall be in writing and shall be deemed given (i) when delivered personally or by verifiable fax transmission (with an original to follow) on or before 5:00PM, eastern time, on a business day or, if such day is not a business day' on the next succeeding Business Day, (ii) on the next business day after timely delivery to a nationally-recognized overnight courier and (iii) on the business day actually received if deposited in the U.S. mail (certified or registered mail, return receipt requested, postage prepaid), addressed to the parties as follows: IN CASE OF SENIOR CARE: Senior Care Industries, Inc. Mx. Xxxxxx X. Phelan, Sr. Chief Executive Officer 400 Xxxxxxxx, 0xx Xxxxx Xxxxxx Xxxxx, XX 00000 IN CASE OF TRI-NATIONAL: Tri-National Development Corp. Mx. Xxxxxxx X Sunstein President and Chief Executive Officer Tn-National Development Corporation 400 Xxxxxx Xxx Xxx X., Xxxxx 000 XxxXxxxx, XX 00000
Formal Agreement. The Parties will use their best efforts to expeditiously negotiate the terms and conditions of an Agreement to formalize this Memorandum of Understanding and undertake the necessary steps of finalizing, executing and consummating the proposed transaction.
Formal Agreement. If required by either party, the parties will use their best efforts to settle and execute formal documentation as necessary to give effect to this agreement in Peru within a reasonable time after such party delivers notice to the other to enter into such formal Peruvian agreement. Such formal documentation will reflect the terms and conditions of this letter together with such additional terms and conditions as are typical of option agreements of this nature and will reflect a structure among the parties indicated to be the most beneficial by the parties’ Canadian and Peruvian legal and tax advisers, but this agreement is not subject to the settlement and execution such formal documentation and is a binding agreement upon acceptance hereof by Xx. Xxxxxx. If there are disputes with respect to the form of such formal documentation, the matter will be referred to arbitration in accordance with paragraph 12.
Formal Agreement. Whenever a parish facility is hired by a third party, a formal agreement setting out the terms and conditions of its use should be agreed to and signed by the parish Churchwarden (or delegate), the Incumbent and the hirer. Accreditation & Professional Indemnity Insurance There are special considerations that apply to certain users, for example, dance groups and counselling services. For these users there are additional requirements that should be considered such as accreditation and professional indemnity insurance (in addition to public liability insurance). Enquiries should be made to ascertain if the hirer is required to hold any authority or permit from a government authority to use the building in the manner proposed. Hirers operating in such fields should hold Professional Indemnity Insurance of $2 million.
Formal Agreement. The Parties’ intentions expressed in this MOA will be the subject of a future definitive agreement, which will contain detailed provisions stating the Parties’ rights and obligations including:
