Basic Commercial Terms of the Agreement Sample Clauses

Basic Commercial Terms of the Agreement. 1.1. The Parties do agree on the following basic commercial terms of the lease (“Lease”) being subject of this Agreement:
Sample 1
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Basic Commercial Terms of the Agreement. 1.1. The Parties do agree on the following basic commercial terms of the lease (“Lease”) being subject of this Agreement: Object of Lease The Premises and the Parking Spaces Premises The premises located in the Building comprising of: 5007.51 square meters of gross office area (the “Rentable Office Area”) – 4769.06 square meters net office area (the “Offices”) and 5.00 % of add-on factor representing Lessee’s share in common area of the Building; Parking Spaces Right to use 28 garage parking spaces located in the underground of the Building (the “Garage Parking Spaces”) and 39 outside parking spaces located next to the Building (the “External Parking Spaces”) Purpose of Lease Solely office purpose Commencement Date The Delivery Date with respect to the two parts of Rentable Office Area each of them of 598.44 square meters and 10 External Parking Spaces and 12 Garage Parking Spaces, which were not a subject of the Previous Agreement, and the date of signing with respect to the rest of the Object of the Lease. Lease Term The period from the Commencement Date (as it may vary for given parts of the Object of Lease according to this Agreement) until 31st October 2016. Delivery Date The date of execution of this Agreement with respect to 10 External Parking Spaces and 12 Garage Parking Spaces which were not subject of the Previous Agreement, then no later than 31st March 2011 with respect to 598,44 square meters Rentable Office Area as marked in Appendix 1 hereto; further no later than 1st June 2011 with respect to the second part of 598.44 square meters of Rentable Office Area as marked in Appendix 1 hereto, and not applicable to the rest of the Object of the Lease, as it is in Lessee’s possession. Rent The base rent of: EUR 11.00 (eleven Euro) per each square meter of Rentable Office Area monthly EUR 50.41 (fifty Euro and forty one eurocents) per each of the Garage Parking Spaces monthly EUR 31.83 (thirty one Euro and eighty three eurocents) per each of the External Parking Spaces monthly subject to Indexation and Rent Reduction as provided herein, plus additional EUR 0,11 (eleven cents) per each square meter of Rentable Office Area monthly in 64 consecutive months commencing from July 2011 (Additional Monthly Payment), as the reimbursement of the power generator purchase and installation cost according to Appendix 3 hereto, which shall not be subject to Indexation and Rent Reduction as provided herein. Rent Reduction Reduction of the Rent for the Premises (ex...
Sample 1

Related to Basic Commercial Terms of the Agreement

  • OTHER TERMS OF THE AGREEMENT Except as specifically amended hereby, all of the terms and conditions of the Agreement shall continue to be in full force and effect and shall be binding upon the parties in accordance with their respective terms.

  • Terms of the Agreement Each Party shall treat the terms of this Agreement as the Confidential Information of other Party, subject to the exceptions set forth in Section 7.2. Notwithstanding the foregoing, each Party acknowledges that the other Party may be obligated to file a copy of this Agreement with the SEC, either as of the Effective Date or at some point during the Term. Each Party shall be entitled to make such a required filing, provided that it requests confidential treatment of certain commercial terms and sensitive technical terms hereof to the extent such confidential treatment is reasonably available to it. In the event of any such filing, the filing Party shall provide the other Party with a copy of the Agreement marked to show provisions for which the filing Party intends to seek confidential treatment and shall reasonably consider and incorporate the other Party’s comments thereon to the extent consistent with the legal requirements governing redaction of information from material agreements that must be publicly filed. The other Party shall promptly provide any such comments.

  • Term of the Agreement 2.1 The term of this Agreement shall be three years, beginning on the Effective Date and shall apply to the BellSouth territory in the state(s) of Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina and Tennessee. Notwithstanding any prior agreement of the Parties, the rates, terms and conditions of this Agreement shall not be applied retroactively prior to the Effective Date.

  • LIFE OF THE AGREEMENT 10.1 Unless otherwise terminated by the operation of law or by acts of the parties in accordance with the terms of this AGREEMENT, this AGREEMENT will be in force from the Effective Date and will remain in effect for the life of the last-to-expire patent or last-to-be-abandoned patent application licensed under this AGREEMENT, whichever is later.

  • SPECIAL TERMS AND CONDITIONS OF TRUST The following special terms and conditions are hereby agreed to:

  • PARTIES TO THE AGREEMENT ‌ The parties to the Agreement (hereinafter "Party" or "Parties") are:

  • Duration of the Agreement This Agreement shall come into effect on the day and year stated in Box 4 and shall continue until the date stated in Box 17. Thereafter it shall continue until terminated by either party giving to the other notice in writing, in which event the Agreement shall terminate upon the expiration of a period of two months from the date upon which such notice was given.

  • Commercial Terms Seller: PACIFIC GAS AND ELECTRIC COMPANY, limited for all purposes hereunder to its electric procurement and electric fuels functions Buyer: [Buyer to insert its full name here in all caps] Product: The Product shall consist of Electric Energy and associated Green Attributes from the Project, as further described and subject to the provisions herein.

  • Amendment of the Agreement The Agreement is hereby amended as follows:

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