PARAGRAPH I definition

PARAGRAPH I. It is agreed by the parties that all gaming, casino, and gambling related sites, corporations, companies, partnerships or other forms of business or organizations and operations, virtual, physical or real, based either in the U. S. or abroad, created, set up, developed, mantained spun off, owned, leased, operated, partially or wholly, by eConnect Inc. and/or in which eConnect Inc. has or will havea controlling interest, will be headed and chaired by Mr. Xxxx Xxxx in the capacity of President and C. E. O.; in that order Econnect Inc. has the obligation to nominate and support in any voting process pertaining to the execution to this article, the candidacy of Xxxx Xxxx for any such post related to gaming, casino or gambling operation, site, corporation, companie, partnership or other form of business or organization.
PARAGRAPH I. The Parties agree that THE ADMINISTRATOR shall notify THE OWNER by writing, the date of initiation of operation of the Rental Program, notification that shall only happen after THE OWNER receives THE PROPERTY from Trioholding Investments, SRL, duly finished, furnished and able to be used as a hotel unit, as established in this Agreement. PARAGRAPH II: THE ADMINISTRATOR proposes to market the rent of THE PROPERTY as part of a high quality tourism project. THE OWNER acknowledges that uniformity in the appearance and content of all real properties that participate in the Rental Program, including, without limitation, THE PROPERTY and the FURNITURE, it is absolutely essential for the successful marketing and leaseback of THE PROPERTY by THE ADMINISTRATOR. Therefore, THE OWNER agrees not to modify in any way the design, appearance, furniture of THE PROPERTY, and maintain design, appearance, furniture and other specified content or established by THE ADMINISTRATOR from time to time in its reasonable discretion. THE OWNER acknowledges that the rental occupancy could accelerate normal wear and tear. Also, THE OWNER is responsible for all costs and expenses (covered or not by the Restoration Reserve), associated with major maintenance and periodic restoration of THE PROPERTY and the FURNITURE, in the understanding that this restoration can take place from time to time at the discretion of THE ADMINISTRATOR. THE ADMINISTRATOR shall use its best efforts to notify to THE OWNER for at least sixty (60) days prior to the initiation of any restoration work that exceeds the available funds in the Restoration Reserve. THE ADMINISTRATOR at its discretion shall maintain, on account of the Restoration Reserve, THE PROPERTY and the FURNITURE in acceptable conditions for occupancy of Guests within the guidelines of this Contract. THE ADMINISTRATOR can use the Restoration Reserve provided by this contract to keep in acceptable conditions THE PROPERTY and the FURNITURE, in the understanding that if this reserve is insufficient, THE ADMINISTRATOR shall request the necessary funds to THE OWNER, who shall be responsible for disbursing it. PARAGRAPH III: THE OWNER may assign in use, only gratuitously, THE PROPERTY during the Reserves Dates for its own use, to third parties, relatives or related to it, without having to pay fee per room per night and with the possibility to use and if so, to pay for hotel services that have been requested by him or by said third parties. THE OWNER ackn...
PARAGRAPH I. All payments or credits issued in favor of OWNER will be made by THE ADMINISTRATOR to OWNER quarterly, in a term not exceeding twenty (20) days after the close of each quarter. PARAGRAPH II: Any payments to be made by THE OWNER for THE ADMINISTRATOR, for repairs, and other expenses, deductions or deductions specified in this Agreement and that are not included in the Authorized Expenses will be paid by the OWNER directly to THE ADMINISTRATOR or discounted by it of the Benefits of the OWNER, the latter at the option of THE ADMINISTRATOR. For these purposes, OWNER hereby gives its express permission to THE ADMINISTRATOR for the deduction from the Benefits, of the costs specified herein. THE ADMINISTRATOR shall remit to OWNER the bill corresponding to those costs. PARAGRAPH III: THE OWNER shall make payment thereof within thirty (30) days after receipt by THE OWNER of the invoice to be issued by THE ADMINISTRATOR. In the event that THE OWNER does not perform the payments in favor of THE ADMINISTRATOR, within that period of thirty (30) days, the Parties agree that from the date of expiration of such term and interest of eighteen percent (18%) per annum shall be generated on the amount left to pay within the specified period.

Examples of PARAGRAPH I in a sentence

  • UNDERSTAND THAT THE SUBMISSION OF THIS FORM TO THE CONTRACTING OFFICER FOR THE PUBLIC ENTITY IDENTIFIED IN PARAGRAPH I (ONE) ABOVE IS FOR THAT PUBLIC ENTITY ONLY AND, THAT THIS FORM IS VALID THROUGH DECEMBER 31 OF THE CALENDAR YEAR IN WHICH IT IS FILED.

  • C-36, AS AMENDED INFORMATION LETTER FOR THE CLAIMS PROCEDURE PARAGRAPH I OF THE PROOF OF CLAIM AND GENERAL COMMENTSThe Claimant must state the full and complete legal name of the Claimant.

  • For R.Ravindran & AssociatesChartered AccountantsFRN:003222S R.RavindranProprietorMumbai, 30th May, 2014 M.No:023829 ANNEXURE REFERRED TO IN PARAGRAPH I OF THE REPORT OF EVEN DATE OF THE AUDITORS TO THE MEMBERS OF GV FILMS LIMITED ON THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2013.

  • PUBLIC EMPLOYEES AS DEFINED BY PARAGRAPH (A) OF SUBDIVISION 7 OF SECTION 201 OF THE CIVIL SERVICE LAW AND WHO ARE EMPLOYED BY AUTHOR- IZED ENTITIES AS DEFINED IN PARAGRAPH (I) OF SUBDIVISION (A) OF SECTION TWO OF THIS ACT SHALL EXAMINE AND REVIEW CERTIFICATIONS PROVIDED BY CONTRACTORS FOR CONFORMANCE WITH MATERIAL SOURCE TESTING, CERTIFICATIONS TESTING, SURVEYING, MONITORING OF ENVIRONMENTAL COMPLIANCE, INDEPENDENT QUALITY CONTROL TESTING AND INSPECTION AND QUALITY ASSURANCE AUDITS.

  • Pursuant to ARTICLE IX, SECTION III, PARAGRAPH I of the Georgia Constitution, the County is authorized to contract for any period not exceeding 50 years with any other public agency, public corporation, or public authority for joint services, for the provision of services, or for the joint or separate use of facilities or equipment, provided such contracts deal with activities, services, or facilities which the contracting parties are authorized by law to undertake or provide.


More Definitions of PARAGRAPH I

PARAGRAPH I. Such coverage will be signed by an acceptable insurance management company. THE ADMINISTRATOR is not responsible for any damage or destruction of THE PROPERTY, including without limitation, damage to furniture, to computers, applications or any other property used or preserved in the building by the owner, unless it is caused by the negligence or misconduct of the Administrator. Any deductibles or related reinsurance claims against THE OWNER, are the sole responsibility of the latter. THE OWNER shall deliver the administering insurance certificates that authenticate that (i) the insurance coverages described above are completely covered, (ii) THE ADMINISTRATOR will receive a notice at least thirty
PARAGRAPH I. It has been expressly agreed between the parties that the assets given in collateral will remain in the same place as indicated and they may not be transferred without previous written approval FROM "THE BANK", unless it is due to force majeure due to their preservation, in which case "THE DEBTORS" should notify "THE BANK" in writing within the next forty-eight (48) hours about any type of shortage, loss or any other variation that is produced with the assets given ass collateral in virtue of this agreement. It has been expressly agreed that under such assumptions "THE DEBTORS" are bound to produce a real subrogation that fully substitutes the shortage of the security. It is understood that the provisions f this article do not imply in any way authorization from "THE BANK" to "THE DEBTORS" so that without their consent they can make free use of the assets given as collateral, as this faculty is stipulated, not in its benefit, but as protection of the interests of "THE BANK".
PARAGRAPH I. It has been agreed by the parties that, in the case of a law posterior to the date of this agreement was approved and put into effect by the competent authorities, that permits
PARAGRAPH I. If THE LESSEE shall have any contractor other than THE LESSOR construct any changes or improvements to the Building, THE LESSEE shall hold THE LESSOR harmless from and against any claim or lien imposed by contractors or materialmen and against any damages which may result from changes or improvements made by THE LESSEE to the Building.
PARAGRAPH I. The policy shall provide that the insurance company does not have the right of subrogation against THE LESSOR.
PARAGRAPH I. The parties herein agree hereby that Top Sports and eConnect shall within a term not to exceed six (6) months as of the date hereof, organize, develop and operate an on-line electronic sportsbook to be sited if possible in the world wide web under the xxx.xxxxxxxxxxxx.xxx electronic address, where bets for all types of sporting events shall be accepted; the infrastructure, physical base and logistics of such on-line electronic sports bookings shall be located at Top Sports premises in the Dominican Republic.
PARAGRAPH I. ECONNECT, INC. formally resigns to any pretension or claim related to benefits, gains, commissions, dividends, valuables, movable and immovable properties that have been realized, generated, gained or acquired by Top Sports, S.A., previous to the date of subscription of this Contract;