PRICE AND CONSIDERATION. Section 1. MCWD shall pay for the water delivered by BWS according to the Bid Price as indicated in the Schedule of Prices. The ABC includes price changes not limited to wage increases, power cost, fuel cost, price increases of materials and supplies and other production and maintenance costs, inflation, currency fluctuation and foreign currency devaluation. Hence, the contract price is not subject to price adjustment and escalation during contract implementation considering that the exemption provided in Section 61, Rule XIX – Contract Prices and Warranties of the 2016 IRR of RA 9184 is already incorporated herein. All prices are inclusive of all applicable taxes and net of penalties.
PRICE AND CONSIDERATION. The contract price is inclusive of all applicable taxes. Day One of Delivery – the original date of which potable water is required to be delivered by the BWS to MCWD’s designated injection point(s), which shall be within a maximum period of twelve (12) months after receipt of the Notice to Proceed (NTP) by the BWS or actual first day of delivery whichever comes later. Drop-off Point(s) – additional injection point(s) identified by MCWD along the interconnecting pipelines of BWS before the main injection point. Facilities – refers to raw water intake, pre-treatment, Seawater Reverse Osmosis (SWRO) treatment plant, storage tanks, production and water treatment facilities, land and other associated equipment and facilities, both onshore and offshore, interconnecting pipelines, flow meter assembly, backup power equipment, power supply systems and other appurtenances and auxiliary equipment necessary to efficiently operate the desalination plant under this Agreement. Independent Laboratory - is any Department of Health (DOH) accredited laboratory capable of conducting water analysis which is neither owned nor controlled by one or both parties to this agreement. Injection Point - refers to delivery or drop-off point(s) or the point(s) where BWS’s pipe interconnects to MCWD’s receiving infrastructure / facility. Inspection - means the conduct of any investigation/verification/ examination of Bulk Water Supplier’s water source and other facilities which includes but not limited to water sampling for analysis. Off-peak hour flow rate – the time between 8:01PM and 4:00AM Peak hour flow rate – the time between 4:01AM and 8:00PM Potable Water - refers to the delivered treated water with quality within the standards limits set in the latest Philippine National Standards for Drinking Water and MCWD Drinking Water Quality Standards both for acceptability and health aspects. Project – refers to the herein Bulk Water Supply Contract including the facilities as herein defined. Raw Water Source – is the unprocessed water taken directly from the sea or the ocean or within ten (10) meters onshore from the highest tide of the shoreline, provided that the raw water shall have a Total Dissolved Solids (TDS) value of not less than 30,000 parts per million (ppm) Seawater – refers to water from the sea or ocean with Total Dissolve Solids (TDS) value of at least 30,000 parts per million (ppm).
PRICE AND CONSIDERATION. In full consideration for the purchase by Premier of the Purchased Stock, Premier shall cancel that amount of the Debt Owed then held by Premier in the amount of twenty-five dollars ($25.00) per share of Series B Preferred Stock purchased by Premier as Purchased Stock (the "Purchase Price"). Premier shall deliver to OIS written evidence, in a form acceptable to OIS, showing the cancellation of the aforementioned indebtedness under the terms of this Agreement.
PRICE AND CONSIDERATION. Purchaser shall pay to Seller the sum of $*Amount*, the entire amount of compensation due Seller for: (a) the real property to be conveyed, including all fixtures; (b) all damages to any residual lands of Seller; (c) Seller’s covenants set forth herein; (d) all supplemental instruments reasonably necessary to transfer the title of the property; 1and (e) *other items*. Seller shall be exclusively responsible for all delinquent taxes and assessments, including penalties and interest, and for all other real estate taxes and assessments that are a lien when this Agreement closes. The taxes and assessments for the current calendar year shall be prorated on an estimated basis to the date of acquisition of title or date of possession, whichever is earlier. Seller shall be responsible for all future installments of special assessments levied and assessed against the real property, whether or not the assessment has been certified to the county auditor for collection, provided that such installments of special assessments shall be a lien on the property as of the transfer of title. Purchaser may withhold in escrow a sufficient amount of the purchase money to satisfy the foregoing items to be paid by Seller; any balance remaining after such taxes and assessments are discharged and shall be paid to Seller. Any deficiency shall be the responsibility of Seller.
PRICE AND CONSIDERATION. Purchaser shall pay to Seller the sum of $*Amount*, which sum shall constitute the entire amount of compensation due Seller for: (a) the real property to be conveyed, including all fixtures; (b) any and all damages to any residual lands of Seller; (c) Seller’s covenants set forth herein; (d) any and all supplemental instruments reasonably necessary to transfer the title of the subject property; 1and (e) *other items*. Seller shall be exclusively responsible for all delinquent taxes and assessments, including penalties and interest, and for all other real estate taxes and assessments that are a lien as of the date on which this Agreement closes. The taxes and assessments for the current calendar year shall be prorated on an estimated basis to the date of acquisition of title or date of possession, whichever is earlier in time. Seller shall be responsible for any and all future installments of any special assessments levied and assessed against the real property, whether or not any such special assessment has been certified to the county auditor for collection, provided that such installments of special assessments shall be a lien on the subject real property as of the date of transfer of title. Purchaser may withhold in escrow a sufficient amount of the purchase money to satisfy the foregoing items to be paid by Seller; any balance remaining after such taxes, assessments, etc., are discharged shall be paid to Seller and any deficiency shall be the responsibility of Seller.
PRICE AND CONSIDERATION. 4.1 The Purchase Price to be paid by Purchaser for the Sale Shares is:
PRICE AND CONSIDERATION. Effective as of the Closing, the Recipient Parties shall, in exchange for the Property, cause consideration with a value equal to US$197,000,000 (the "Consideration to Contributor") to be paid to the Contributor. The Consideration to Contributor shall consist of the following:
PRICE AND CONSIDERATION. ODOT shall pay to the Owner the sum of One Hundred Dollars and No Cents ($100.00), which sum shall constitute the compensation due to the Owner for granting to ODOT the rights, interests and privileges described in Section 1 - Rights of Possession and Use. Owner is not entitled to receive from ODOT any interest, rent or other compensation of any kind for the period of time during which ODOT occupies, possesses and uses the real property described in Exhibit A. The Parties agree that this compensation shall be credited to and applied against the total purchase price the Parties may negotiate for the sale and purchase of the property described in Exhibit A.
PRICE AND CONSIDERATION. 2.1. As a condition to receive the discounted price, the Client agrees to pay it in advance of the start of the Service, in the sum of EUR 375, VAT included.
PRICE AND CONSIDERATION. As agreed by both parties, the purchase price to be paid by Purchaser is 63,750,000 outstanding shares of its common stock at $0.012 per share, on or before the Closing Date without further evaluation of the stock price.
