DETAILS OF THE PROPOSED REPAYMENT Sample Clauses

DETAILS OF THE PROPOSED REPAYMENT. 2.1 Background of the Amount Owing by YKGI to MISI The Company had, in the month of July 2019, commenced negotiations with MISI to reschedule the Amount Owing by YKGI to MISI. As at 30 June 2019, the Amount Owing by YKGI to MISI amounted to USD10.76 million. From 1 July 2019 up to and including the LPD, the Company had paid, in total of approximately USD2.76 million, to MISI. As at the LPD, the Amount Owing by YKGI to MISI amounted to approximately USD8.00 million, which is equivalent to approximately RM32.74 million based on the RM to USD exchange rate of RM4.0905 : USD1.00 as at the LPD. This amount of approximately USD8.00 million is reflected by the invoices with the original due dates as stated in the table below. No Invoice Number (1) Amount (2) Amount Original Due Date USD RM 1 8J5A0443 2,220,464 9,082,808 7 February 2019 2 8J5A0525 1,910,921 7,816,623 2 March 2019 3 8J5AX032 1,170,964 4,789,830 3 March 2019 4 8J5A0666 1,343,798 5,496,805 5 April 2019 5 8J5AX038 279,183 1,141,998 1 May 2019 6 8J5AX039 727,481 2,975,760 5 May 2019 7 8J5AX040 351,423 1,437,494 12 May 2019 Total 8,004,234 32,741,318 n.a Notes:-
AutoNDA by SimpleDocs

Related to DETAILS OF THE PROPOSED REPAYMENT

  • Scope of the Project Under this Agreement, the scope of the Project (the “Scope of the Project”) shall mean and include:

  • Steps of the Procedure 18. a. Except for grievances involving multiple employees or discipline, all grievances must be initiated at Step 1 of the grievance procedure.

  • Reduction in Scope of the Project 16.6.1 If the Concessionaire shall have failed to complete any Construction Works on account of Force Majeure or for reasons solely attributable to the Authority, the Authority may, in its discretion, require the Concessionaire to pay 80% (eighty percent) of the sum saved therefrom, and upon such payment to the Authority, the obligations of the Concessionaire in respect of such works shall be deemed to have been fulfilled. For the avoidance of doubt, it is agreed that in the event such reduction in Scope of the Project causes or will cause a reduction in net after-tax return of the Concessionaire, the Parties shall meet, as soon as reasonably practical, and agree on a full or partial waiver of the aforesaid payment of 80% (eighty per cent) so as to place the Concessionaire in the same financial position as it would have enjoyed had there been no reduction in Scope of the Project. It is further agreed that the liability of the Authority under this Clause 16.6 shall not extend beyond waiver of the aforesaid 80% (eighty per cent). It is also agreed that in the event of a dispute, the Dispute Resolution Procedure shall apply.

  • Details of the Processing The subject-matter of Processing of Personal Data by Data Processor is the performance of the Services pursuant to the Agreement. The duration of the Processing, the nature and purpose of the Processing, as well as the types of Personal Data Processed and categories of Data Subjects under this DPA are further specified in Schedule 1 (Details of the Processing) to this DPA.

  • Changes to the Project 9.1 All Changes must be approved by the Secretary of State prior to the relevant Change being deemed to be effective. The Grant Recipient shall request the Change on a Project Change Request Form. The Secretary of State shall either agree to the change request or reject the change request within 60 days of the date of the Project Change Request Form.

  • Project Budget A Project Budget shall be prepared and maintained by Grantee. The Project Budget shall detail all costs for which the Grant will be used during each calendar month of the Term. The Project Budget must be approved in writing by the Project Monitor. Grantee shall carry out the Project and shall incur costs and make disbursements of funds provided hereunder by the Sponsor only in conformity with the Project Budget. The current approved Project Budget is contained in Attachment B. Said Project Budget may be revised from time to time, but no Project Budget or revision thereof shall be effective unless and until the same is approved in writing by Project Monitor. The funds granted under this Grant Contract cannot be used to supplant (replace) other existing funds.

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Self Scheduling The Home and the Union may agree to implement a self-scheduling process. Self-scheduling is the mechanism by which employees in a Home create their own work schedules. The purpose of self scheduling is to improve job satisfaction and quality of work life for the participating employees. Self scheduling requires a collaboration of employees and management to ensure proper coverage of the Home and to meet the provisions of the Collective Agreement. It is agreed that self scheduling will be negotiated locally by the Home and the Union and will include a trial period. Each Home must have the majority agreement of the full-time and part-time employees who vote on the issue to agree on a trial period of up to six months. Once the trial period is complete, each Home must have a minimum of 66⅔% agreement of the full-time and part-time employees who vote on the issue to continue with the new schedule on a permanent basis.

  • Parties to the Process a) There shall be established a Central Dispute Resolution Committee (“The Committee”), which shall be composed of equal representation of up to four (4) representatives each of the employer bargaining agency and employee bargaining agency (“the central parties”), and up to three representatives of the Crown. The Committee will be co-chaired by a representative from each bargaining agency. All correspondence to the committee will be sent to both co-chairs.

  • SCOPE OF THE WORK The Contractor shall furnish all the materials, perform all of the Work, and do all things required by the Contract Documents.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!