Fundamental Terms. As used in this Lease, the following capitalized terms shall have the following meanings:
Fundamental Terms. The Organization hereby warrants and covenants with KGSC(B)L that it will, at all times, during the subsistence of the Agreement comply with all KGSC(B)L requirements necessary for the issuance of the Certificate of Registration including (but without prejudice to the generality thereof) all statutes, rules, regulations issued by any statutory or other competent authority, all recommendations, codes and similar matters issued by any authority, pursuant to which in compliance of which or for the purpose of which the Certificate of Registration is issued or such other reasonable requirements of KGSC(B)L as are Necessary to enable the Certificate of Registration to be issued and maintained in force in conformity with KGSC(B)L's Accredited Quality System Certification Scheme Regulations. As a mandatory requirement for continued validity of an Accredited Certificate of Registration, issued by KGSC(B)L, the Organization, hereby, agrees to its certification or surveillance audit scheduled by KGSC(B)L, to be witnessed by KGSC(B)L's Accreditation bodies who’s Auditors may accompany KGSC(B)L audit team as and when required. The Organization hereby warrants the completeness and accuracy of all documents and accuracy of all information supplied to KGSC(B)L for the purposes of this Agreement. The organization shall ensure that the information provided to KGSC(B)L by the organization, relevant to its management system is kept updated and it shall promptly notify KGSC(B)L of any intended change in its Management system which would significantly affect the effective implementation of its management system. Changes such as contact address and sites, legal status, scope of Certification, organizational structural changes needs to be communicated to the KGSC(B)L. Also the organization is bound to inform KGSC(B)L in without delay, of any significant events including, but not limited to fatal incidents, serious injuries, occupational disease or legal action by a regulatory authority and inform the OHS related findings by any third party at surveillance or recertification audit. KGSC(B)L shall inform the client, in advance, of the information it intends to place in the public domain All other information, except for information that is made publicly accessible by the client, will be considered confidential by KGSC(B)L Except as required in this International Standard, is information about a particular client or individual disclosed to a third party without the written consent o...
Fundamental Terms. The obligations in special condition 13.1 are fundamental terms of this contract.
Fundamental Terms. Each party acknowledges that the warranties contained in this clause 16 (Warranties) are fundamental terms of this Agreement. ASSIGNMENT, TRANSFER
Fundamental Terms. 9.1. The Organization hereby warrants and covenants with IMC that it will, at all times, during the subsistence of the Agreement comply with all IMC requirements necessary for the issuance of the Certificate of Registration including (but without prejudice to the generality thereof) all statutes, rules, regulations issued by any statutory or other competent authority, all recommendations, codes and similar matters issued by any authority, pursuant to which in compliance of which or for the purpose of which the Certificate of Registration is issued or such other reasonable requirements of IMC as are Necessary to enable the Certificate of Registration to be issued and maintained in force in conformity with IMC's Non-Accredited Quality System Certification Scheme Regulations.
9.2. As a mandatory requirement for continued validity of an Non-Accredited Certificate of Registration, issued by IMC, the Organization, hereby, agrees to its certification or surveillance audit scheduled by IMC, to be witnessed by IMC's Independent Accreditation bodies who’s Auditors may accompany IMC audit team as and when required.
9.3. The Organization hereby warrants the completeness and accuracy of all documents and accuracy of all information supplied to IMC for the purposes of this Agreement.
Fundamental Terms. The provisions in this section 2 are included to summarize for convenience some of the important terms of this Agreement, and the provisions in this section are supplemented by and subject to the other sections of this Agreement. In the event of any conflict between this section 2 and any other provisions, the other provisions shall supersede and control.
Fundamental Terms. 2.1 The Banking Company and the Founders will ensure that Investor is not considered or classified to be the ‘promoter’ of the Banking Company under applicable Laws for any reason whatsoever and that the Investor CCPS held by the Investor is not subject to any restriction on Transfer or otherwise (including that of lock-in or other restriction) which are applicable to promoters under any applicable Law, subject to terms of the Shareholders’ Agreement.
2.2 The Parties expressly acknowledge and agree that in the context of the Founders’ relationship with the Banking Company as promoters and the appointers of key employees of the Banking Company, the Founders’ direct and indirect ownership interest in the Banking Company is a substantial ownership interest, and that the Investor will not proceed with the subscription to the Subscription Securities on the terms and conditions set out herein, but for the Founders’ covenants under the Definitive Agreements to ensure the protection of the value of the Banking Company. It is hereby clarified that the decision of the Investor to invest in the Banking Company is its own independent decision on the basis of the representations, warranties and undertakings herein and under the Shareholders’ Agreement.
2.3 Simultaneously with the execution of this Agreement, the Banking Company shall have provided the Investor certified true copies of the resolution of the Board of the Banking Company approving this Agreement including the consummation of the transactions under this Agreement and authorizing the Person(s) executing this Agreement on behalf of the Banking Company to so sign the Investor shall have received a certified true copy of such resolution.
Fundamental Terms. 5 ROYALTIES.............................................................
Fundamental Terms. 18 ALTERNATE DISPUTE RESOLUTION (ADR).................................... Negotiation...........................................................
Fundamental Terms. Paragraph 4.1 (Best Efforts to Commercialize) is a fundamental term of the MASTER LICENCE.