CITY OWNERSHIP OF PROPRIETARY INFORMATION All reports, drawings, plans, specifications, and other documents prepared by Consultant as products of service under this Agreement shall be the exclusive property of the City and all such materials shall be remitted to the City by Consultant in a timely manner upon completion, termination or cancellation of this Agreement. Consultant shall not use, willingly allow or cause to have such materials used for any purpose other than performance of Consultant’s obligations under this Agreement without the prior written consent of the City.
Ownership of Proprietary Information Unless otherwise provided by law any reports, histories, studies, tests, manuals, instructions, photographs, negatives, blue prints, plans, maps, data, system designs, computer code (which is intended to be consideration under this Contract), or any other documents or drawings, prepared or in the course of preparation by either party in performance of its obligations under this Contract shall be the joint property of both parties.
PARTICULARS OF PROPERTY DESCRIPTION OF PROPERTY : The subject property is A Condominium identified as Developer’s (as per Original SPA) Parcel Xx. 0X-00-00, Xxxxxx Xx. 00, Xxxxxxxx Xx. 0X together with Accessory Parcel XXX-00 & XXX-00 XXXXXX XXXXXXX OF UNIT : Xxxx Xx. 0X-00-00, Xxxxxxxxxx Xxxx Aiyu, Xx. 00, Xxxxx Xxxxx Xxxxx 22/1, Section 22, 40400 Shah Alam, Selangor Darul Ehsan. STRATA TITLE NO. : Geran 158780/M1-A/16/233 LOT NO : 132 Section 3 TOWN / DISTRICT / STATE : Pekan Batu Tiga / Petaling / Selangor Darul Ehsan PROVISIONAL FLOOR AREA : 194 square metres (2,088 square feet) ACCESSORY PARCEL NO. : A594 & A595 TENURE : Freehold VENDOR / DEVELOPER : Shanghai Reality (M) Sdn. Bhd. (Company No. 350799-U) ENCUMBRANCE : Assigned to Malayan Banking Berhad pursuant to the said Agreements and subject to all easements, leases, tenancies, occupiers, charges, caveats, previous sale and purchase, previous assignment, covenants, liabilities subsisting thereon or thereover. STRATA TITLE : Strata title to the property has been issued The property will be sold on an “as is where is” basis, subject to a reserve price of RM426,000.00 (Ringgit Malaysia Four Hundred Twenty Six Thousand) only, subject to the Conditions of Sale and by way of an assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder (“the Purchaser”) from the developer/proprietor and relevant authorities, if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the relevant authority. All intending bidders are required to deposit 10% of the fixed reserve price by bank draft or cashier’s order only in favour of Malayan Banking Berhad prior to the sale with the under mentioned Auctioneer. Such payment can be made by Master/Visa Card. The Bank shall pay only the outstanding maintenance charges (including late penalty charges, sinking fund, quit rent and assessment) which is unpaid for up to a maximum of 6 years preceding the successful auction date, and subject always to a maximum amount as follows : • 50% of the reserve price for Commercial property • 50% of the reserve price for Residential (RP RM500,000 and above) • 10% of the reserve price for Residential (RP below RM500,000) The Successful Purchaser shall submit evidence of the relevant payments in respect of maintenance charges, late penalty charges, sinking fund, quit rent and assessment by way of original receipt(s) and/or copy of the original receipt(s) duly certified by issuer of the said receipt(s) and itemized billing of the respective charges to the Assignee/Lender within ninety (90) days from the date of the auction sale. All outstanding charges incurred after the date of successful auction shall be borne by the Successful Purchaser. For the avoidance of doubt, in the even such receipt(s) and itemized billing are not submitted, any subsequent claims made thereunder will not be entertained by the Assignee/Lender. Settlement of the balance purchase price : The balance of the purchase price is to be settled within ninety (90) days from the date of auction sale by Bank Draft or Cashier’s Order drawn in favour of Malayan Banking Berhad. For further particulars please contact Messrs. Azam, Baba & Aqmar Solicitor for the Assignee/Bank herein whose address is at Advocates & Solicitors No. 3-1, Xxxxx 00/00X, Xxxxx Xxxxxx, Xxx Xxxxx Xxxxxxxx, 00000 Xxxxxxx, Xxxxx Xxxxxx [Telephone No. : 00-0000 0000 / Facsimile No. : 00-0000 0000 / Reference : ABA/L/PROP/2534/MBB/RRC/SGOR/KLANG/HL-Awin) solicitors for Assignee/Bank or the under mentioned Auctioneer. RAJ Auction House Sdn. Bhd. KOVINDA RAJ NARAINAH No. 9-2, Sinar Sentul Commercial Centre, (LICENSED AUCTIONEER) Jalan Sinar Sentul 0, [XXXXXXX (XX)], XXX. 00000 Xxxxx Xxxxxx Tel: 00-0000000/7 / Fax: 00-0000000 xxx.xxxxxxxxxxxxxxx.xx H/P No.: 012-4089616
LOSS OF PERSONAL PROPERTY The board will not be responsible for any employee’s loss of personal property brought to a school or work site; however, in the event an employee’s personal property is lost or damaged as a direct result of a disaster, such as hurricane, fire, flood, etc., the board will reimburse the employee’s loss or damage in an amount not to exceed $500 per occurrence. In order for an employee to be eligible for such reimbursement, the personal property for which the employee makes a claim must have been pre-approved for use by the employee in connection with the employee’s duties, as evidenced by a written approval form signed by the employee’s principal or site supervisor and by the employee. In addition to the approval form, the employee must attach to the form proof of the property’s value, i.e. receipt, etc. The employee will be responsible for presenting a copy of the approval form in order to secure payment for loss. Payment will not be made unless the form is presented. The maximum amount an employee may receive for loss in any single occurrence is a total of $500, regardless of the amount or number of items approved for use in connection with the employee’s duties.
Real Property; Personal Property (a) On the Disaffiliation Date, Local Church will have full title and ownership of the Real Property and Personal Property. The parties shall ensure all necessary transfers or other transactions relating to the above properties are completed on or prior to the Disaffiliation Date. Any costs resulting from such transfers or other transactions shall be borne by Local Church. Annual Conference shall fully cooperate with Local Church, as needed and applicable, to ensure that such transfers and other transactions convey all of Annual Conference’s interest – both for itself and on behalf of The United Methodist Church – in the Real Property and Personal Property, both tangible and intangible, of Local Church.
Return of Proprietary Information 20.6.1 All Proprietary Information, other than Derivative Information, shall remain the property of the Disclosing Party, and all documents or other tangible media delivered to the Receiving Party that embody such Proprietary Information shall be, at the option of the Disclosing Party, either promptly returned to Disclosing Party or destroyed, except as otherwise may be required from time to time by Applicable Law (in which case the use and disclosure of such Proprietary Information will continue to be subject to this Agreement), upon the earlier of (i) the date on which the Receiving Party’s need for it has expired and (ii) the expiration or termination of this Agreement.
