Agreed Principles. 1 The provisions of this Agreement represent the conditions upon which Homes England makes the Allocated Capital Grant available to the Grant Recipient for the purposes of Sections 19 and 31 HRA 2008;
Agreed Principles. 1 The provisions of this Agreement represent the conditions upon which the GLA: makes the Allocated Net Grant available to the Grant Recipient; and permits the Grant Recipient to use the Allocated RCGF Funds.
Agreed Principles. 1 The provisions of this Agreement represent the conditions upon which the Agency makes the Allocated Grant available to the Grant Recipient for the purposes of Sections 19 and 31 HRA 2008;
Agreed Principles. 1 Named Projects
1.1 This Agreement contemplates the Delivery of four (4) types of Named Projects:
1.1.1 the acquisition of one or more dwellings which require no or minimal work in order to meet the CASSH Minimum Standards and are fit for occupation as CASSH Housing immediately following such acquisition (Acquisition (No Work Required) Project).
1.1.2 the acquisition of one or more dwellings which require repairs to be undertaken before such dwellings meet the CASSH Minimum Standards and are fit for occupation as CASSH Housing (Acquisition (Work Required) Project).
1.1.3 the development of one or more new build dwellings (including by way of any MMC Project) to the CASSH Minimum Standards for use as CASSH Housing on a site either owned by the Grant Recipient or acquired by the Grant Recipient for this purpose (New Build Project).
1.1.4 the remodelling of dwellings already owned by the Grant Recipient to the CASSH Minimum Standards to be used as CASSH Housing (Social Housing Remodelling or Refurbishment Project).
1.2 OPS will identify certain Milestones which must be achieved before Named Project Grant may be claimed pursuant to Condition 10.
1.3 Start on Site will be deemed to have been achieved for Acquisition (No Work Required) Projects and Acquisition (Work Required) Projects where a Completed Interest in the relevant Site has been acquired by the Grant Recipient.
Agreed Principles. Except as provided in the Valuation Assumptions or in the definitions of Hypothetical Tax Liability or NOL Benefit (when applicable) or Section 7.12, for purposes of interpreting this Agreement and determining the amount of any TRA Payment, the Parties agree as follows:
(a) All calculations and determinations will be made in accordance with any elections, methodologies or positions taken on the relevant Corporation Return.
(b) Net operating loss carryforwards of the Corporation and its Subsidiaries (including the Pre-IPO NOLs) will not be deemed to expire except to the extent that they actually expire unused under applicable law for the purposes of computing the actual Tax liability of the Corporation and its Subsidiaries.
(c) Carryovers or carrybacks of any Tax item attributable to the Basis Adjustments, Imputed Interest, Section 707(c) Deductions or the Pre-IPO NOLs will be considered to be subject to the rules of the Code and the Treasury Regulations (and any other applicable Tax Laws), governing the use, limitation and expiration of carryovers or carrybacks of the relevant type. Net operating loss carryforwards (including the Pre-IPO NOLs) will be treated as used in the order prescribed by applicable law.
(d) The Overall Realized Tax Benefit or Overall Realized Tax Detriment for a Taxable Year is intended to measure the decrease or increase, respectively, in the actual liability for Taxes of the Corporation and its Subsidiaries for such Taxable Year attributable to the Basis Adjustments, Section 707(c) Deductions and the Step-Up Imputed Interest Attributes, determined using a “with and without” methodology, and will be construed accordingly.
(e) The NOL Benefit for a Taxable Year is intended to measure the decrease in the actual liability for Taxes of the Corporation and its Subsidiaries for such Taxable Year attributable to the Pre-IPO NOLs and the NOL Imputed Interest Attributes, determined using a “with and without” methodology, and will be construed accordingly.
(f) Any reference in this Agreement to the Taxes of the Corporation and its Subsidiaries includes a reference to any Taxes of the LLC and its Subsidiaries (without duplication), but only with respect to Taxes imposed on the LLC or its Subsidiaries that are allocable to the Corporation or to the members of the Corporation’s Consolidated Group.
(g) In a Taxable Year that includes the IPO, the NOL Benefit calculation will be based only on the portion of the Taxable Year beginning on the day af...
Agreed Principles. Having regard to the underlying public policy objectives of domestic systems, the Parties recognise the need to:
(a) promote innovation and creativity;
(b) facilitate the diffusion of information, knowledge, technology, culture and the arts; and
(c) xxxxxx competition and open and efficient markets, through their respective intellectual property systems, while respecting the principles of, inter alia, transparency and non- discrimination, and taking into account the interests of relevant stakeholders including right holders and users.
Agreed Principles. The agreed amendments to this Agreement must be consistent with the following principles. To the extent permitted by law:
(a) Carbon Costs attributable to the Gas transported under this Agreement to be passed through to User;
(b) the responsibility for acquiring, purchasing, holding or surrendering carbon credits, permits or similar instruments (Carbon Instruments) in respect of the embodied emissions in the Gas transported under this Agreement to be transferred to User;
(c) Service Provider must use reasonable endeavours to minimise any Carbon Costs; and
(d) User may request reasonable information substantiating the calculation of Carbon Costs or Carbon Instruments from Service Provider, and Service Provider must provide such information to User and permit it to be audited by an independent third party.
Agreed Principles. The parties agree that this Agreement has been negotiated in accordance with the following underlying principles -
1.8.1 recognition of the necessity to provide quality, cost effective service to all clients of the company;
1.8.2 recognition of the necessity for the company to operate under flexible arrangements which enable it to fulfil existing delivery requirements and respond quickly to accommodate changing market demands of the client;
1.8.3 working patterns can be flexibly arranged to the mutual benefit of the parties, provided output and deadlines are not adversely affected;
Agreed Principles. The parties agree that this Agreement has been negotiated in accordance with the following underlying principles:
(a) Recognition of the necessity to provide quality, cost effective service to all clients of the company;
(b) Recognition of the necessity for the company to operate under flexible arrangements which enable it to fulfil existing delivery requirements and respond quickly to accommodate changing market demands of the client;
(c) Working patterns can be flexibly arranged to the mutual benefit of the parties, provided output and deadlines are not adversely affected;
(d) Recognition of the necessity to embrace and adapt to changing logistic, workplace health & safety, rehabilitation ,quality and food safety techniques and technologies. The parties are committed to ensuring the provisions of this Agreement operate to accommodate these principles.
