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. AGREED IN consideration of the promises as follows : The Borrower's proposal dated_____________________shall be deemed to constitute the basis of this Agreement and of the loan/advance advanced or to be advanced or already advanced by the bank hereunder and the Borrower, hereby, warrants the correctness of each and every one of the statements and particulars therein contained and undertaken to carry out the proposals therein setforth. The Borrower, hereby agrees that the said advance shall be governed by the terms contained herein as well as those embodied in the security documents listed in the Schedule A hereto, except in so for as the security documents may expressly or by necessary Implication be modified by these presents. The Borrower, expressly, agrees and undertakes that the said advance shall be utilised exclusively for the purpose/s setforth in the Borrower's proposal and for no other purpose. The Borrower agrees and undertakes to notify the Bank in writing of any circumstance affecting the correctness of any of the particulars setforth in the Borrower's proposal within two (2) days after the occurrence of any such circumstance. The loan/advance payable by the Borrower under this agreement shall carry interest at the rate of___________________ percent and at the bank's ruling rate prevailing from time to time per annum compounded monthly and the loan / advance shall be repayable by the borrower on the_________________day of________________ 20 by________________equal________________installments of cash Rs. _____________________________________ that first of shall be Paid on the _____________day of ____________20 , and the subsequent installments on the _____________day of every scheduled month as per Schedule ‘B’ and if any installment or portion of the loan/advance amount is being unpaid on the scheduled date for repayment thereof, the bank shall be at liberty to charge penal interest of.................. percent per annum over and above the prevailing rate of interest on the overdue amount / balance outstanding as applicable to such kinds of advances in the bank till the payment of such amount. Notwithstanding anything contained herein or in the Security Documents, the whole advance shall become, forthwith due and payable by the Borrower to the bank and the Bank will be entitled to enforce security upon the happening of any of the following events namely.
NOW IT IS. DULY COMMUNICATED AND HEREBY AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS: Objectives ACIC IIT (ISM) agrees to incubate the incubate company. The purpose of incubation unit will be to:
NOW IT IS. AGREED in consideration of the proposed Investment and the mutual covenants, warranties and conditions herein as follows:
