Contracts, Arrangements Clause Samples
The "Contracts, Arrangements" clause defines the rules and requirements for entering into, modifying, or enforcing agreements and arrangements between the parties involved. Typically, this clause outlines the procedures for documenting such contracts, specifies any necessary approvals, and may set limitations on the types of arrangements that can be made. Its core function is to ensure that all contractual relationships and related arrangements are properly authorized and documented, thereby reducing the risk of unauthorized commitments and potential disputes.
Contracts, Arrangements. 9.1 Save as disclosed in the Audited Accounts and where applicable, the Management Accounts, none of the Vsource Companies is a party to:
9.1.1 any joint venture, consortium or other partnership agreement or arrangement not made in the ordinary course of business;
9.1.2 any guarantee, warranty, undertaking or contract for indemnity or for suretyship under which the relevant Vsource Company assumes a prospective or contingent liability otherwise than in the ordinary course of its business; or any unlimited undertaking or indemnity given in favour of its clients or third parties in the ordinary course of business;
9.1.3 any long term or abnormal contract or undertaken any obligations with any third party except in the ordinary course of its business. “Long term contract” means a contract exceeding a term of twelve (12) months or is otherwise not terminable by giving three (3) months’ notice in writing. For the avoidance of doubt, the representations made under Clause 9.1 only relate to contracts which have a value of at least Ringgit Malaysia Five Hundred Thousand (RM500,000.00) or higher.
Contracts, Arrangements. Under- standings or Relationships With Respect to Se- curities of the Issuer. Describe any contracts, arrangements, understandings or relation- ships (legal or otherwise) among the persons named in Item 2 and between such persons and any person with respect to any securi- ties of the issuer, including but not limited to transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giv- ing or withholding of proxies, naming the persons with whom such contracts, arrange- ments, understandings or relationships have been entered into. Include such information
Contracts, Arrangements. Understandings or Relationships with Respect to Securities of the Issuer.
Contracts, Arrangements. Under- standings or Relationships With Respect to Se- curities of the Issuer. Describe any contracts, arrangements, understandings or relation- ships (legal or otherwise) among the persons named in Item 2 and between such persons and any person with respect to any securi- ties of the issuer, including but not limited to transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giv- ing or withholding of proxies, naming the persons with whom such contracts, arrange- ments, understandings or relationships have been entered into. Include such information for any of the securities that are pledged or otherwise subject to a contingency the oc- ▇▇▇▇▇▇▇▇ of which would give another person voting power or investment power over such securities except that disclosure of standard default and similar provisions contained in loan agreements need not be included.
Contracts, Arrangements