hereinbefore. Unless otherwise provided for in writing by both Parties to this Agreement, it is hereby agreed that the Principal shall not be required to honor any of its obligations under this Agreement (including payment of Commission) whereupon the Agent acts (whether in his/her own capacity or not), in breach of the provisions of Sub-clause 5.2 hereinabove. In the event that the Agent receives Commission payments for orders that are subsequently refunded, charged back, or the Principal otherwise fails to realize the income from such a sale, the Agent shall offset any future commissions paid by the amount by which the commissions actually paid would be reduced if the sales associated with income the Principal failed to realize were never completed. The Principal shall pay the Agent the Commission by cheque in favour of the Agent only. Without prejudice to the generality of this Clause all the foregoing provisions herein, the total Commission due to the Agent shall be paid by the Principal not as a one-off payment but in two (2) tranches, staged as follows: For Cicada and Roseville Transactions: Thirty Percent (30%) of the total Commission -Upon signing of the Letter of Offer, and Upon receipt of the minimum deposit of fifty Percent (50%) of the total sale value and, Seventy Percent (70%) of the total Commission - Upon signing of the Sale Agreement and receipt of the remaining balance towards the purchase price, tendered to the Vendor in full, cleared funds. For Woodville Transactions: Thirty Percent (30%) of the total Commission -Upon receipt of the minimum deposit of Fifty Percent (50%) of the total sale value; and, Seventy Percent (70%) of the total Commission - Upon signing of the Sale Agreement and receipt of remaining balance towards the purchase price, tendered to the Vendor in full, cleared funds. For COVO Transactions: Thirty-three percent (33%) of the total Commission -Upon signing of the Offer Letter and payment of the Initial Deposit by the Purchaser (subject to a minimum deposit of Thirty Percent (30%) of the total sale value); and, Sixty-seven percent (67%) of the total Commission - Upon signing of the Sale Agreement. For KENZI Transactions: Thirty-three percent (33%) of the total Commission -Upon signing of the Offer Letter and payment of the Initial Deposit by the Purchaser (subject to a minimum deposit of Thirty Percent (30%) of the total sale value); and, Sixty-seven percent (67%) of the total Commission - Upon signing of the Sale Agreement.
hereinbefore. It is specifically recorded and agreed that all such discussions must be held in the presence of a CCP representative.
hereinbefore. After receipt of the payment, Party A shall issue a statement of payment to Party B. Where dispute arises, adjustments shall be made in the next quarter upon confirmation by the two Parties.
hereinbefore. All repairs performed by the LESSEE shall have to be of an equal quality to that of the originals. All expenses as a result of carelessness and negligence of the part of the LESSEE, as stated hereof, shall have to covered by the LESSEE.
hereinbefore. Prior to any demonstration, the LESSOR shall communicate the identity of said client to the LESSEE, and in the event the prospect client is a competitor of the LESSEE, the latter shall have the right to deny such Demonstration. By the same token, during said period of six (6) months, the LESSOR shall have the right to post signs its deems appropriate on the facade of the Leased Property in order to promote the leasing of it.
hereinbefore. 22.1.4 It is agreed upon that in the event the option to build an expansion to the industrial building in Phase 1 of the Adjacent Land is not exercised, the option to sublease Phase 2 of the Adjacent Land shall be automatically cancelled. In case the LESSEE exercises its option for expansion during the term stated in paragraphs 22.1.1 and 22.1.3 hereinbefore, there shall be no "option" rent for the land during the construction period.
hereinbefore. 5.16. To defend and enforce the Contracted Party's ownership rights over the object of this Agreement, forthwith notifying it about any violation or attempted violation by third parties, that it may eventually know about.
hereinbefore. 13.3 Tenant shall permit Landlord to erect, use, maintain and repair pipes, cables, conduits, plumbing, vents and wire, in, to and through the Leased Premises, as often and to the extent that Landlord may now or hereafter deem to be appropriate for the operation and maintenance of the Leased Premises and the Building.
hereinbefore. The Consulting Engineer will be either provided with or reimbursed for such items at the direction of the Client. These items and their cost shall be strictly within the limits of, and in accordance with, Government standards and all applicable Regulations or Decisions for accommodation and allowances shall apply.
hereinbefore. 11.1.2 If the possession is taken after the prescribed period of 15 days as said upon payment of the balance amount, the Purchaser will be, liable to pay the interest for the delayed period at the rate of 24% per annum on the balance due amount.
