Description of the Contract Sample Clauses

Description of the Contract. 1.1.1 Subject Matter of the Agreement
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Description of the Contract. We issue the Contract to the Contract Owner to provide Investment Options and other benefits in connection with a Plan. Typically, the Plan is a governmental deferred compensation plan receiving favorable tax treatment under section 457(b) of the Internal Revenue Code or a defined contribution plan receiving favorable tax treatment under section 401(a) of the Internal Revenue Code. However, we may issue the Contract in connection with other employer sponsored benefit plans. This Brochure describes some of the important terms of the Contract between Nationwide and the Contract Owner. You should read the Contract for a full description of its terms. The Contract does not create any contractual rights or obligations between us and the Participants. The Contract is not a trust, and its terms (and Nationwide’s performance of its terms) do not create any fiduciary relationship between Nationwide or any of its affiliates and the Contract Owner, the Plan, or any of the Participants. The Plan and its Participants exercise all authority and control respecting the management and disposition of any Plan assets. Nationwide and its affiliates do not and will not act as a fiduciary for the Plan or exercise discretion over assets of the Plan. The only legal relationship is between Nationwide and the Contract Owner, and that relationship is limited to the terms of the Contract. The Contract Owner or Nationwide may terminate the Contract under certain circumstances and transfer Participant Accounts to a successor that provides Investment Options. Unless otherwise specified in the Contract, termination of the Contract ends all benefits under the Contract. The Contract is not a part of the Plan. Rights to receive benefits and tax treatment of benefits are not governed by the Contract, but instead are determined by the Plan. The Contract may be accompanied by one or more Variable Accounts. Singular references to Variable Account will also include the plural. A Variable Account is a segregated asset account we established under Ohio law. A Variable Account has its own income, gains, and losses based on its own investment experience. The Variable Account’s assets are held separately from our assets and are not chargeable with liabilities incurred in any of our other business. Purchase Payments allocated to the Variable Account are not Plan assets. We are obligated to accept those Purchase Payments, and to pay benefits, in connection with the Variable Account under the terms of t...
Description of the Contract. 1.1. The seller, for a fee, grants the Acquirer the right to use the electronic content (hereinafter referred to as the “Content”) in the form of access to a closed web page protected by login and password. After payment, the seller provides a username and password from this page. 1.2. This Agreement may be accepted by paying a fee for the right to use the selected Content on the basis of an order placed on the seller’s website. The payment of the fee confirms the acquaintance of the Acquirer with this Agreement, acceptance of its terms and conditions and acceptance. The agreement accepted by the Acquirer does not require subsequent paperwork, has legal force and is considered concluded by the Parties in simple writing. 1.3. This Agreement applies to any Content, the possibility of acquiring rights to use of which is presented on the Site at the time of acceptance. 1.4. The contract is valid till the Parties fulfill their obligations completely.
Description of the Contract. NRC intend to contract reputable suppliers for 1-year, fixed price framework agreements with one or more selected suppliers. Suppliers should therefore use ANNEX A to provide the unit cost for each item listed below. NRC will then issue separate purchase orders against the contract that is signed with the selected supplier(s). Each purchase order will specify the exact quantity required. NRC may order as much or as few of each item as they require over the course of the contract. Regular purchase orders will be issued on an ‘as needed basis, with the quantity on each order varying. This tender procedure is divided into lots. Bidders can submit an offer for one, several or all lots. Offers must clearly show what lots are included. NRC may award all LOTS to a single bidder or award each LOT to a different bidder. This decision will be made by a procurement committee based on a technical and financial evaluation of all bids received. Bids submitted must therefore be valid even if your company is selected for just 1 of the LOTS you have made an offer.
Description of the Contract. NRC intend to contract reputable suppliers for 1-year, fixed price framework agreements with one or more selected suppliers. Suppliers should therefore use ANNEX A to provide the unit cost for each item listed below. NRC will then issue separate purchase orders against the contract that is signed with the selected supplier(s). Each purchase order will specify the exact quantity required. NRC may order as much or as few of each item as they require over the course of the contract. Regular purchase orders will be issued on an ‘as needed basis, with the quantity on each order varying. This tender procedure is divided into lots. Bidders can submit an offer for one, several or all lots. Offers must clearly show what lots are included. NRC may award all LOTS to a single bidder or award each LOT to a different bidder. This decision will be made by a procurement committee based on a technical and financial evaluation of all bids received. Bids submitted must therefore be valid even if your company is selected for just 1 of the LOTS you have made an offer. The selected supplier will be responsible for the cost and risks for: • Provision of goods in-line with the technical specifications agreed • Loss and damage while loading and unloading • Loss and damage while transporting the items to the exact required location NRC will be responsible for: • Issuing separate Purchase Orders against the agreement • Monitoring the performance and quality of all aspects of the supply under this contract • Making payments to the Contractor on satisfactory completion of all required items
Description of the Contract. The Contract supports the implementation of the Civil Works for the execution of infrastructure and landscaping works in Al Nada Neighbourhood.
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Description of the Contract specifications, plans and drawing details for performing the work and the proposed changes.

Related to Description of the Contract

  • Description of the service 10.1.1 Automatic transfer service implies a transfer by the bank of the funds from the client’s account without further consent of the client, on the basis of fixed amount determined by the client in its application form or of information provided by the client’s creditor to the bank on the client’s debt. 10.1.2 The parties agree that the payment order created (generated) by the bank for the purposes of automatic transfer services shall have the legal force equal to the document having been printed on the paper and executed by the person(s) authorized to manage of the account. 10.1.3 The bank shall carry out the automatic transfer services in accordance with requirements and conditions stipulated in this agreement, the application on registration for automatic transfer service and the sources disseminated by the bank. 10.1.4 For the purposes of obtaining automatic transfer services the client shall apply to the bank with the application as per paragraph 1.2 of this agreement.

  • Description of the Services 1.1 The scope of the service to be rendered is described more fully in the Annexures and Schedules referred to below: ❑ Annexure A – Scope / Specification ❑ Annexure C – Pricing Schedule The Deliverables, due for completion by and governed by this Schedule 1. In the event that the Service Provider fails to meet the delivery dates as agreed, the following penalties will be imposed:

  • Description of Processing Include a description of how the disclosed information will be processed by each receiving party.

  • Description of the Project THIS SHOULD BE NO MORE THAN A TWO PARAGRAPH DESCRIPTION THAT PROVIDES A BACKGROUND OF THE PROBLEM, AS WELL AS HOW THE CONTRACTOR INTENDS TO SOLVE THE PROBLEM. KEEP IN MIND THAT THE CONTRACT SHOULD “STAND ON ITS OWN,” I.E. ANYONE SHOULD BE ABLE TO PICK IT UP AND FIGURE OUT WHAT IS GOING ON.)

  • Description of Goods or Services and Additional Terms and Conditions The Contractor shall perform as set forth in Exhibit A. For purposes of this Contract, to perform and the performance in Exhibit A is referred to as “Perform” and the “Performance.”

  • LOCATION AND DESCRIPTION OF THE PROPERTY The subject property is a four-bedroom apartment unit bearing postal address of Unit No. D-13A-08, Residensi Bayan Desa Petaling, Xx. 00X, Xxxxx 0/000, Xxxx Xxxxxxxx, 00000 Xxxxx Xxxxxx. RESERVE PRICE: The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM730,000.00 (RINGGIT MALAYSIA SEVEN HUNDRED THIRTY THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. Online bidders are further subject to the Terms & Conditions on xxx.xxxxxxxxxxxxxxxx.xxx. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of UOBM for XXXXX XXXX XXXX or remit the same through online banking transfer, one (1) working day before auction date. The balance of the purchase money shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). For online bidders please refer to the Terms & Conditions on xxx.xxxxxxxxxxxxxxxx.xxx on the manner of payment of the deposit. FOR FURTHER PARTICULARS, please contact M/S KHAW & PARTNERS, of 6th Floor, Xxxxxx Xxxxxxxx, 00, Xxxxx Xxxx Xxxxxx, 00000 Xxxxx Xxxxxx. (Ref No.: 390/67/29269/2021, Tel No.: 00-0000 0000) solicitors for the Assignee herein or the undermentioned Auctioneer. EHSAN AUCTIONEERS SDN. BHD. (Co. No. 617309-U) DATO’ HAJI XXXXX XXXXX BIN X.X. XXXX (D.I.M.P) Xxxxx X-00-0X, Xxxxx 00, Xxxxx X, Xxxxx Xxxxxx II, / XXXXX XXXXX BIN XXXXXX 00, Xxxxx Xxx Xxxx Xxxx, 50450 Kuala Lumpur (Licensed Auctioneers) Tel No.: 00-0000 0000 Fax No.: 00-0000 0000 Our Ref: XXXXX/UOB0366/KP Website: xxx.xxxxxxxxxxxxxxxx.xxx E-mail: xxxx@xxxxxxxxxxxxxxxx.xxx HP NO.: 000 0000 000 (CALL, WHATSAPP & SMS) PERISYTIHARAN JUALAN DALAM PERKARA MENGENAI PERJANJIAN PINJAMAN, SURATIKATAN PENYERAHAN XXX XXX SURAT KUASA WAKIL KESEMUANYA BERTARIKH 05HB SEPTEMBER, 2017 UNITED OVERSEAS BANK (MALAYSIA) BHD [No. Pendaftaran: 199301017069/271809-K] PIHAK PEMEGANG SERAHHAK/BANK XXX XXXXX XXXX XXXX (NO. KP: 890319-14-5947) PIHAK PENYERAHHAK/PIHAK PEMINJAM Dalam menjalankan xxx xxx kuasa xxxx telah diberikan kepada Pihak Pemegang Serahhak/Bank dibawah Perjanjian Pinjaman, Suratikatan Penyerahan Xxx Xxx Surat Kuasa Wakil Kesemuanya Bertarikh 05hb September, 2017 diantara Pihak Penyerahhak, Pihak Pelanggan xxx Pihak Pemegang Serahhak/Bank yang diperbuat dalam perkara diatas, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Bank tersebut dengan bantuan Pelelong yang tersebut dibawah. AKAN MENJUAL HARTANAH YANG DIHURAIKAN DI BAWAH SECARA LELONGAN AWAM SECARA ATAS TALIAN PADA 09HB MAC 2022 BERSAMAAN XXXX XXXX, JAM 3.00 PETANG, XX XXXXX WEB XXX.XXXXXXXXXXXXXXXX.XXX Bakal pembida boleh mengemukakan bida untuk hartanah dalam talian melalui xxx.xxxxxxxxxxxxxxxx.xxx (Untuk pembidaan dalam talian, xxxx daftar sekurang-kurangnya satu (1) hari bekerja sebelum hari lelong untuk tujuan pendaftaran & pengesahan) Xxxxx-xxxxx pembeli adalah dinasihatkan agar membuat perkara-perkara yang berikut sebelum jualan lelong:-

  • DESCRIPTION OF THE PROPERTY 13.1 The Property as referred to in the Proclamation of Sale shall be deemed to have been correctly and sufficiently described. 13.2 All intended bidders including the Purchaser shall be deemed to have sought independent legal advice, made necessary enquiries, searches and inspection of the Property and is satisfied with the identity, description, state and condition of the Property. 13.3 In the event of any error, misstatement, omission and/or misdescription of any kind relating to the Property in the Proclamation of Sale or any other documents, such error, misstatement, omission and/or misdescription shall not in any manner annul the sale, nor shall there be any adjustment of the Purchase Price nor shall compensation be allowed nor shall the Bank be open to any liability of any form. 13.4 If the land or floor area of the property is found to exceed that as described and additional payment is imposed for the excess area by the Developer and/or relevant authorities, then such additional payment shall be solely and absolutely borne and paid by the Purchaser 13.5 If the land or floor area of the property is found to be less that as described, any claim for the reduced area shall be undertaken solely by the Purchaser against the Developer and/or such party and neither the Assignee/ Bank , the Assignee/ Bank’s solicitors nor the Auctioneer shall in any way responsible or liable for such claim. The auction sale herein shall not be annulled and there shall not be any adjustment of the Purchase Price as a result of such shortfall in the area of the Property.

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