Express Exclusions from Sample Clauses

Express Exclusions from. Property". Notwithstanding anything to the contrary contained in this Agreement, the Parties agree that the term "Property" shall not include any of the following items, all of which are excluded from either the Property Contribution or the LLC Membership Contribution to the Partnership: (a) all cash on hand, checks, money orders and accounts receivable; (b) any accounts maintained by or on behalf of LGI De or any affiliate of LGI De with respect to the Property; and (c) any refundable cash or other security deposits or any bonds posted by or on behalf of LGI De with any lender, governmental authority, utility or other Party. 2.2 NetREIT's Capital Contributions. NetREIT shall make the following contributions to the Partnership's Capital: 2.2.1 NetREIT's Contribution to Preferred Stock. For its limited partner interest in the Partnership, NetREIT shall deliver the Preferred Stock, estimated to be one thousand five hundred thirty one and six hundred seventy five one thousandths (1,531.675) shares, issued in the name of the Partnership, which number shall be adjusted at the Closing as required herein. The exact number of such shares to be adjusted at the Closing to equal (x) the Net Value of the Property as of the Closing, divided by (y) $1,000.00. The Statement of Rights, Preferences and Privileges of the Preferred Stock (the "Preferred Stock Statement") shall be filed with the Maryland Secretary of State and authorize NetREIT's issuance of the Preferred Stock with the rights, preferences and privileges set forth therein. The exact number of shares of the Preferred Stock shall be determined at Closing; and 2.2.2 NetREIT's Contribution of Cash. NetREIT shall contribute cash to the capital of the Partnership as follows: (a) By Closing, cash in the amount of $5,000.00 in its capacity as General Partner; and (b) By Closing, cash in the amount of the Capitalization Costs. 2.2.3
Sample 1
AutoNDA by SimpleDocs

Related to Express Exclusions from

  • EXCLUSIONS FROM WARRANTY This warranty does not cover problems caused by your acts (or failures to act), the acts of others, or events beyond Microsoft’s reasonable control.

  • DISCLAIMERS; EXCLUSIONS; LIMITATIONS Subject to §4, neither party makes any warranties (express, implied, or otherwise), including implied warranties of merchantability, non-infringement, fitness for a particular purpose, or title, related to its performance or anything else provided under this Agreement. Neither party will be liable for any special, incidental, punitive, or consequential damages of any kind for any reason whatsoever relating to this Agreement, even if such damages were reasonably foreseeable.

  • Exclusions from Coverage The Long-Term Disability Plan does not cover total disabilities resulting from:

  • GENERAL EXCLUSIONS We do not insure for loss caused directly or indirectly by any of the following. Such loss is excluded regard- less of any other cause or event contributing concur- rently or in any sequence to the loss.

  • Exclusions and Limitations for Third Party Software SUBJECT TO THE EXCLUSION OF DAMAGES STATED IN SECTION 9.2 AND WITH RESPECT TO THIRD PARTY SOFTWARE, UNDER NO CIRCUMSTANCES AND REGARDLESS OF THE NATURE OF ANY CLAIM SHALL SAP OR ITS LICENSORS’ BE LIABLE FOR AN AMOUNT IN EXCESS OF THE PAID LICENSE FEES FOR THE THIRD PARTY SOFTWARE DIRECTLY CAUSING THE DAMAGES.

  • GENERAL EXCLUSIONS AND LIMITATIONS 1. This Agreement does not cover performance of routine maintenance. You are responsible for performing all routine maintenance and cleaning for all covered Items as specified and recommended by the manufacturer. You are also responsible for providing all routine maintenance for all areas of a Covered Property around covered Items to ensure that these Items are able to function properly as specified by the manufacturer.

  • Warranty Exclusions The Limited Warranty in clauses 1.2 and 1.3 does not apply:

  • Eligibility Exclusions Subject to Clause 2.5 of this Schedule 1, an individual is not eligible for training subsidised through the Skills First Program under this VET Funding Contract if the individual is: a student enrolled in a school (excluding a school based Apprentice/Trainee). This includes: any government, non-government, independent or Catholic school; or a student registered for home schooling in Victoria. Government schools are responsible for funding these opportunities for VET within the school curriculum through their Student Resource Package (SRP) allocation, including targeted VET in schools funding. Non-government schools make similar decisions for students on the basis of the resources available to them; within the meaning of the Corrections Act 1986 (Vic), a prisoner held at a prison, including: Xxxxxxx Correctional Centre (Ararat); Barwon Prison; Beechworth Correctional Centre; Dame Xxxxxxx Xxxxx Centre; Dhurringile Prison; Langi Kal Kal Prison; Loddon Prison Precinct; Marngoneet Correctional Centre; Tarrengower Prison; Metropolitan Remand Centre; Melbourne Assessment Prison; Fulham Correctional Centre; Port Xxxxxxx Prison; or Karrenga Annex; a person who is detained under the Mental Health Act 2014 (Vic), or the Crimes (Mental Impairment and Unfitness to be Tried) Act 1997 (Vic) or the Sentencing Act 1991 (Vic) at the Xxxxxx Xxxxxxx Hospital; or a person who is detained (other than on weekend detention) under the Children, Youth and Families Act 2005 (Vic) or the Sentencing Act 1991 (Vic) or who is held on remand in one or more of the following youth justice facilities: Malmsbury Youth Justice Centre; Parkville Youth Residential Centre; or Melbourne Youth Justice Centre. The exclusions described in Clauses 2.4(b), (c) and (d) of this Schedule 1 do not apply to: young people on community based orders made under the Children, Youth and Families Act 2005 (Vic); or individuals held in Xxxx Xxxxxxx Transition Centre, who, subject to otherwise complying with the requirements in this Clause 2, may be eligible for training subsidised through the Skills First Program as they are able to physically access training outside of a custodial setting without supervision.

  • Program Exclusions The borrower cannot be in active bankruptcy. The borrower’s first-lien mortgage cannot be a home equity line of credit, third party contract, or other private party loan. The borrower cannot own other residential real property. Employees of contractor Further.

  • PRESCRIPTION MEDICATION BENEFITS, LIMITATIONS AND EXCLUSIONS The following items are limited or excluded from your Prescription Medication coverage:

Time is Money Join Law Insider Premium to draft better contracts faster.