Consideration and Term Sample Clauses

Consideration and Term. In consideration of the sum of Five Dollars ($5.00), receipt of which Writer hereby acknowledges, Writer grants to Producer a one-year extension of the exclusive and irrevocable option to purchase all motion picture, television, and allied rights in the Property ("Option"), such option period commencing on the date hereof ("Commencement Date," which shall be the date both parties signed or the later of the two dates, if different) and continuing for twelve (12) months ("Term").
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Consideration and Term. In consideration of the sum of Five Thousand (5,000) Shares of Futura Pictures, Inc., common stock, and other good and valuable consideration, receipt of which Writer hereby acknowledges, Writer grants to Producer an exclusive and irrevocable option to purchase all motion picture, television, and allied rights in the Property ("Option"), such option period commencing on the date hereof ("Commencement Date," which shall be the date both parties signed or the later of the two dates, if different) and continuing for twelve (12) months ("Term").
Consideration and Term. As consideration for this Option, Buyer shall pay Seller the sum of Twenty-Five Thousand and 00/100 Dollars ($25,000.00) on or before the effective date of this option.. This Option shall exist for a period of one hundred eighty (180) days following the Effective Date of this Option. Buyer shall be entitled to extend the term of this Option for a maximum of two (2) additional consecutive ninety (90) day periods on the same terms as are contained herein upon payment by Buyer to Seller of the sum of Twelve Thousand and Five Hundred 00/100 Dollars ($12,500.00) per ninety (90) day period prior to the expiration of the previous term, or any extension thereof.
Consideration and Term. In consideration of the conditions contained in this Ice Rental Contract, the City through its appointed agent(s) leases and lets to the Rental Party, Arctic Winter Games & Arnaitok Arena Ice and the Rental Party agrees to pay the following amounts indicated in Section 1 on or before the dates mentioned in the payment section of this contract.
Consideration and Term. In consideration of the conditions contained in this Ice Rental Contract, the Arena through its appointed agent(s) leases and lets to the Second Party, the Moose Sherritt Ice Arena skating rink and facilities, and the Second Party agrees to pay the following amounts for the attached contracted ice on or before the dates mentioned in the payment section of this contract.
Consideration and Term. In consideration for the Contractor’s agreement to provide services to the Sub-licensor as specified elsewhere, the Sub-licensor hereby agrees to grant such licence terms as are specified in this Contractor Licence in respect of Ordnance Survey Data for as long as the Contractor shall require use of such Ordnance Survey Data in order to meet its obligations to the Sub-licensor, subject to other termination provisions contained in this Contractor Licence.
Consideration and Term. 2.1. Prior to commencing the Work, Weizmann will send the PI a quote for the services discussed. The PI will provide Weizmann with a purchase order for these services. In consideration for the provision of Weizmann’s infrastructure for performance of the Work the Company shall pay Weizmann the amounts set in the said quote upon the completion of the Work, or any part thereof which will be invoiced accordingly. 2.2. All payments shall be made by direct wire transfer to Weizmann's bank account: Account number 583000/12, Leumi Bank Ltd., branch no. 800, Israel. Weizmann shall notify the Company in writing of any change in the bank account details. All payments hereunder will be made within thirty (30) days from the end of the month in which Weizmann has issued to the Company the applicable invoice. 2.3. The Company shall notify Weizmann prior to each payment by email (xxxxxxxxxxxx@xxxxxxxx.xx.xx) or by fax (00-0000000). Late payments will bear interest of Libor + 3% from due date until date of actual payment. 2.4. The term of this Agreement is one year as of . Each Party has the right to cancel this Agreement upon a 30 (thirty) day written notice to the other Party, and providing each Party has fulfilled its obligations up to that point, in accordance with this Agreement. 2.5. Without derogating from the aforesaid, Weizmann has the right to terminate the Work immediately in any of the following cases: 2.5.1. In the event that Weizmann, at its sole discretion has determined that in view of the nature of the activities, which are required for the completion of the Work, the Work should be done as a collaboration rather than a service, and thus, the agreement between the parties should be converted to a collaboration agreement. In such case, the parties will sign a new agreement.
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Consideration and Term. In consideration of the conditions contained in this Ice Rental Agreement, the City through its appointed agent(s) leases and lets to the Rental Party, Arctic Winter Games Arena or Arnaitok Arena Ice (as indicated). The Rental Party agrees to pay the ice rental fees, as found in the City of Iqaluit Consolidated Fees Bylaw # 813 as per Section 1 of this agreement. Ice rental time is not considered reserved until the agreement is signed and payment is made in full. Each of the parties has caused these presents to be executed by the City of Iqaluit, its Authorized Agent, and the Rental Party by its Authorized Agent. This agreement is dated the day and year first above written BY CITY OF IQALUIT REPRESENTATIVE SIGNATURE of Rental Party Authorized Representative Name Phone Phone 2 PO Box Number Email Name Phone Phone 2 PO Box Number Email Rental Party: _ Date: Approved By: Director of Recreation Date Approved: August 31, 2015 Review Revision Date: October 3, 2018 3 Years
Consideration and Term. 2.1. Prior to commencing the Work, Weizmann will send the PI a quote for the services discussed. The PI will provide Weizmann with a purchase order for these services. In consideration for the provision of Weizmann’s infrastructure for performance of the Work, the Institution shall pay Weizmann the amounts set in the said quote upon the completion of the Work, or any part thereof which will be invoiced accordingly. 2.2. All payments shall be made by direct wire transfer to Weizmann's bank account: Account number 583000/12, Leumi Bank Ltd., branch no. 800, Israel. Weizmann shall notify the Institution in writing of any change in the bank account details. All payments hereunder will be made within thirty (30) days from the end of the month in which Weizmann has issued to the Institution the applicable invoice. 2.3. The Institution shall notify Weizmann prior to each payment by email (xxxxxxxxxxxx@xxxxxxxx.xx.xx) or by fax (00-0000000). 2.4. The term of this Agreement is two years as of up to . Each Party has the right to cancel this Agreement upon a 30 (thirty) day- written notice to the other Party, and providing each Party has fulfilled its obligations up to that point, in accordance with this Agreement.
Consideration and Term 
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