NOW IT IS Sample Clauses
The "NOW IT IS" clause typically serves as a transitional or declarative statement in legal documents, marking the point at which the parties formally state their agreement or the operative provisions of the contract. In practice, this clause often precedes the main terms and conditions, signaling that the recitals or background information have concluded and the binding obligations are about to begin. Its core function is to clearly delineate the start of the enforceable part of the agreement, ensuring that there is no ambiguity about when the contractual commitments take effect.
NOW IT IS. HEREBY AGREED as follows:
NOW IT IS. AGREED in consideration of the mutual promises and undertakings set out herein as follows:
NOW IT IS. DULY COMMUNICATED AND HEREBY AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS:
NOW IT IS. HEREBY AGREED in consideration of the sum of €2.00 (the receipt of which is hereby acknowledged by the Contractor) as follows:
NOW IT IS. HEREBY AGREED that in consideration of the payments to be made by APL in the time and manner set out in Clause 17 of this Agreement, CDKX shall grant the right of use of the Hardware and Software (as hereinbelow defined) and supply all services necessary for the operation of the System in accordance with the terms and conditions and other matter hereinafter set out.
NOW IT IS. HEREBY AGREED as follows: The lease is renewed or extended for a further term of __________________________ (____) MONTHS beginning _________________________ and ending on ________________________ based on the same terms and conditions as contained in the said Tenancy Agreement except for those provisions contained in this Lease Extension Agreement. All terms, provisions and covenants of the said Tenancy Agreement that shall remain in full force for the duration of the extended term, are hereby incorporated by attachment. In connection with this LEASE RENEWAL / EXTENSION AGREEMENT, the monthly rent payable shall be SINGAPORE DOLLARS ____________________________________________________________ only (S$ __________________ ) per month. The security deposit for this agreement shall remains at SINGAPORE DOLLARS ________________________________________________________ only (S$ _________________). *Diplomatic Clause of the said Tenancy Agreement shall not apply. *Delete where applicable If at any time after the expiration of twelve (12) months from the date of the commencement of this LEASE RENEWAL / EXTENSION AGREEMENT, the immediate occupant of the said premises shall be transferred out of the Republic of Singapore permanently by his firm, ceased to be employed or if for any cause whatsoever he shall be ordered to leave the Republic of Singapore, then and in such a case, it shall be lawful for the Tenant to determine this tenancy by giving not less than _____________ (____) months' advance notice (this is in addition to the twelve (12) months aforesaid) in writing to the Landlord or by paying _________________ (____) months' rent in lieu of such notice. Documentary evidence of such transfer, cessation or order shall be required and such notice shall be deemed to have commenced on such date as the Landlord shall have actually received such evidence. If this Agreement should be lawfully terminated by notice in writing by the Tenant before the expiry of the LEASE RENEWAL / EXTENSION AGREEMENT herein aforesaid, the Tenant shall undertake to reimburse the Landlord on a pro-rata basis, the renewal commission paid to OrangeTee & Tie Pte Ltd (hereinafter called the Estate Agent) as the real estate broker in this transaction. The Landlord shall be entitled to deduct such reimbursement from the security deposit held. The stamp duty for stamping this Agreement in duplicate shall be borne by the Tenant and shall be paid on the date of signing this Agreement. This Agreement...
NOW IT IS. DULY COMMUNICATED AND HEREBY AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS: ACIC IIT (ISM) agrees to incubate the incubate company. The purpose of incubation unit will be to:
NOW IT IS. HEREBY AGREED by and between the parties hereto as follows :- in consideration of the Bank having agreed to grant in favour of the Borrower the said guarantee-cum-letter of credit limit of Rs. [[Amount]] as hereinbefore stated the Borrower hereby covenants with the Bank to pay and make good to the Bank on demand all such moneys as may be paid by the Bank or as the Bank may become liable to pay under or by virtue or in respect of any of the guarantees and import/inland letters of credit issued an opened and/or to be issued and opened by the Bank under the said guarantee-cum-letter of credit limit as aforesaid and also at all times hereafter to indemnify and keep indemnified the Bank against all actions, proceedings, claims and demands, duties penalties, taxes, losses, damages, costs (as between Attorney and Client) charges, expenses and other liabilities whatsoever that may be brought or made against or sustained or incurred by the Bank (and whether paid by the Bank or not) In consequence of the Bank having issued or agreed to issue such guarantees and/or having opened or agreed to open such letters of credit as aforesaid or otherwise howsoever in relation thereto and also to pay and make good to the Bank on demand any such liabilities as aforesaid and that this covenant and obligations there under shall not be deemed to be satisfied or become inoperative by reason of the cessation at any time of any such guarantees that may be issued and/or import/inland Letters of Credit that may be opened by the Bank as aforesaid but shall continue in force or revive in the event of any subsequent renewal or renewals thereof and shall remain in full force and effect until any such guarantees and/or import/inland Letters of Credit or any subsequent renewal or renewals thereof expire by the efflux of time mentioned in any such guarantees and/or import/inland Letters of Credit as aforesaid. The whole of the Borrower’s stocks of whether raw or in process of manufacture and all articles manufactured there from and stores which now or hereafter from time to time during this security shall be brought into stored or be in or about the Borrower’s godowns or premises at [[Place]] or wherever else the same may be (including any such goods in course of transit or delivery) (all hereinafter called “the said goods”) and; All the present and future book debts outstanding moneys receivable claims bills, contracts, engagements, securities, investments, rights and assets (all hereinafter ...