Acceptance of Units Sample Clauses

Acceptance of Units. Although the Company may or may not require the Unit holder’s signature upon accepting the Award, the Unit holder remains subject to the terms and conditions of this Agreement.
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Acceptance of Units. 5 3.4 PMS Interface................................................................................5 3.5 Undertakings by the Hotel....................................................................5 4. Maintenance and Operation of the Units..............................................................6 4.1 Maintenance..................................................................................7 4.2 Operation....................................................................................7 4.3 Operators....................................................................................8 4.4 Undertakings by the Hotel....................................................................8 4.5 Manual Posting...............................................................................9 5.
Sample 1
Acceptance of Units. Within five (5) days of receiving notification from the Company of the installation of all the Units at the Hotel, Hotel shall notify Company, in writing, of any Units rejected due to a nonconformity or defect in terms of the specifications set forth in Exhibit 1.1. Company shall use its best efforts to remedy any such nonconformity or defect within thirty (30) days of receiving said written notification from Hotel. Failure of the Hotel to provide Company with notice of any such nonconformity or defect in any Units within said five (5) day period shall be deemed acceptance by Hotel of the Units as being in good working order. 3.4 PMS Interface The Company will interface the Units with the PMS, via the Company Computer, subject to the Hotel providing the necessary assistance and support as set forth in Section 3.5.3 below, said interface to have the functions set forth in Exhibit 3.3 hereto (the "Interface"). The Interface developed by the Company will be the property exclusively of the Company; provided that any and all information, software, data, support and assistance that _______ provides to Company shall remain the exclusive property of _______. 3.5 Undertakings by the Hotel In connection with the Installation, the Hotel hereby undertakes to perform the following actions, to be completed no later than the First Installation Date, in recognition of the fact that the Company will commence Installation only after the Hotel has duly fulfilled these undertakings: 3.5.1 to ensure that all Rooms in which it wishes the Company to install Units in cabinets, contain Cabinets, and to ensure that all Rooms, whether or not they have Cabinets, are equipped with the items set forth in Exhibit 3.5.1 hereto; 3.5.2 to remove any existing minibars from the Rooms; 3.5.3 to obtain the consent and cooperation of the PMS supplier for the Interface, including for any requisite adaptation or addition of code or the like which the Company may perform and including in relation to the functions listed in Exhibit 3.3, of which the Hotel will furnish a copy in advance to the PMS supplier, and to pay any and all license fees or other charges of any kind due to the PMS howsoever in connection with said Interface; and to liaise between said supplier and the Company in order to ensure that the Company receives the supplier's cooperation to facilitate the Interface; 3.5.4 to arrange and place at the Company's disposal, to remain at the Company's disposal throughout the Term of the Agre...
Sample 1
Acceptance of Units. 4 (b) Transfer of Units by Lessor to Lessee if Purchase is not Completed ................................................ 4 (c)
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Acceptance of Units. Lessor does hereby lease and let to Lessee each of the Units described in Exhibit A hereto, and said Units are hereby accepted by Lessee hereunder and declared to be and constitute the machinery, equipment and other personal property leased hereunder, all for the Rent hereinafter stipulated and upon the terms and conditions hereinafter set forth.
Sample 1
Acceptance of Units. Subscriptions for Units shall promptly be accepted or rejected by the General Partner after their receipt by the Partnership (but in any event not later than 30 days thereafter) and a confirmation of acceptance shall be sent by the General Partner to each subscriber admitted to the Partnership as a Limited Partner. The General Partner shall have the unconditional right to refuse to admit any subscriber as a Limited Partner, without liability. Also, each subscriber shall have the right to cancel his or her subscription before it has been accepted by the General Partner by providing written notice to the General Partner, signed by each Person who signed the subscriber’s Subscription Agreement, of their intent to cancel their subscription, in a form satisfactory to the General Partner. The Partnership may not complete a sale of Units to subscriber for Units until at least five business days after the date the subscriber received a final Prospectus.
Sample 1
Acceptance of Units. 5 3.4 PMS Interface................................................................................5 3.5 Undertakings by the Hotel....................................................................5
Sample 1
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Acceptance of Units. Within five (5) days of receiving notification from the Company of the installation of all the Units at the Hotel, Hotel shall notify Company, in writing, of any Units rejected due to a nonconformity or defect in terms of the specifications set forth in Exhibit 1.1. Company shall use its best efforts to remedy any such nonconformity or defect within thirty (30) days of receiving said written notification from Hotel. Failure of the Hotel to provide Company with notice of any such nonconformity or defect in any Units within said five (5) day period shall be deemed acceptance by Hotel of the Units as being in good working order.
Sample 1
Acceptance of Units. Holder hereby accepts the Units as payment in full of the principal and interest due under the Notes and will deliver the original Notes to Maker stamped "paid in full".
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Related to Acceptance of Units

  • Acceptance of AAU You will have accepted an AAU for an Offering if: (a) we receive your acceptance, prior to the time specified in the Invitation Wire for such Offering, by wire, telex, telecopy or electronic data transmission, or other written communication (any such communication being deemed “In Writing”) or orally (if promptly confirmed In Writing), in the manner specified in the Invitation Wire, of our invitation to participate in the Offering, or (b) notwithstanding that we did not send you an Invitation Wire or you have not otherwise responded In Writing to any such Wire, you: (i) agree (orally or by a Wire) to be named as an Underwriter in the relevant Underwriting Agreement executed by us as Manager, or (ii) receive and retain an economic benefit for participating in the Offering as an Underwriter. Your acceptance of the invitation to participate will cause such AAU to constitute a valid and binding contract between us. Your acceptance of the AAU as provided above or an Invitation Wire will also constitute acceptance by you of the terms of subsequent Wires to you relating to the Offering unless we receive In Writing, within the time and in the manner specified in such subsequent Wire, a notice from you to the effect that you do not accept the terms of such subsequent Wire, in which case you will be deemed to have elected not to participate in the Offering.

  • Acceptance of Offer In the event that the General Partner elects to accept any such bona fide offer or proposal described in Section 9.01 hereof (an “Accepted Offer”), the General Partner shall deliver written notice of such election along with documentation which sets forth in reasonable detail the general terms and conditions of the bona fide offer or proposal as of the date of such notice (the “Acceptance Notice”) to those Partners with rights to approve such offer or proposal, and only those Partners, not less than fifteen (15) days prior to the closing date of the transaction contemplated by such offer or proposal. In connection with such transaction, each Partner shall, at such time as it is appropriate and, as applicable, (i) provide a written consent with respect to his or its Partnership Interest in favor of such sale of the assets and any subsequent liquidation of the Partnership; (ii) subject to the approval rights set forth in Section 7.06 above, provide a written consent with respect to his or its Partnership Interest (and any Partnership Interest with respect to which such Partner holds a proxy) approving such merger, consolidation, conversion, reorganization or similar transaction; or (iii) transfer and sell either all of his or its Partnership Interest (and any Partnership Interest with respect to which such Partner holds a proxy) or, as applicable, a percentage of his or its Partnership Interest (and any Partnership Interest with respect to which such Partner holds a proxy) that is equal to the Percentage Interest being transferred and sold in such transaction. Each Partner shall execute such documents and take such further actions as may be reasonably required to consummate any of the foregoing transactions.

  • Acceptance of Agreement This Agreement shall not be considered accepted, approved or otherwise effective until the statutorily required approvals and certifications have been given.

  • Acceptance of Award The Grantee shall have no rights with respect to this Award unless he or she shall have accepted this Award. Any consideration due to the Company on the issuance of the Award has been deemed to be satisfied by past services rendered by the Grantee to the Company.

  • Acceptance of Rent 7.1 Acceptance of Rent by the Landlord or the Landlord’s Agent shall be at all times without prejudice to and shall not be a waiver of the rights and remedies of the Landlord in respect of any breach of the Tenant’s agreements of stipulations contained in this Agreement; and any Rent paid by any third party will be accepted from that person as the agent of the Tenant only and will not confer on the third party any rights as the Tenant.

  • Acceptance of Purchase Orders Notwithstanding any contrary language in Buyer’s purchase order, each purchase order shall be subject to acceptance by an authorized employee of Seller and each transaction shall be governed exclusively by these Terms and Conditions of Sale (“Contract”), except if any specific terms have been expressly and mutually agreed by the parties and confirmed in Seller’s sale order acknowledgement of each purchase order. Such acceptance is expressly limited to these Terms and Conditions of Sale, and any additional or different terms proposed by Buyer are automatically rejected unless expressly agreed to in writing by Seller. No contract shall exist except as hereinabove provided.

  • Acceptance of Trust The Trustee hereby accepts the Trust created and provided for by and in this Agreement and agrees to perform the same upon the terms and conditions herein set forth and to hold all rights, privileges and benefits conferred hereby and by law in trust for the various persons who shall from time to time be Beneficiaries, subject to all the terms and conditions herein set forth.

  • Prompt Acceptance of Agreement The Restricted Share Unit grant evidenced by this Agreement shall, at the discretion of the Administrator, be forfeited if this Agreement is not manually executed and returned to the Company, or electronically executed by Awardee by indicating Awardee’s acceptance of this Agreement in accordance with the acceptance procedures set forth on the Company’s third-party equity plan administrator’s web site, within 90 days of the Grant Date.

  • Acceptance of Trusts The Owner Trustee accepts the trusts created by this Agreement and agrees to exercise its rights and powers and perform its obligations under this Agreement.

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