IN CONSIDERATION WHEREOF Sample Clauses

IN CONSIDERATION WHEREOF the Employer will provide the Employee with the appropriate training and information, and will make available all the necessary tools and equipment required to perform in the above-mentioned capacity. Compensation for this agreement, as provided for by the Employer, will consist of the following:
AutoNDA by SimpleDocs
IN CONSIDERATION WHEREOF the CONTRACTOR agrees to pay the SUBCONTRACTOR for the full and faithful performance of his work the sum of $82,500.00 in current funds at CONTRACTOR’S office in Gallatin, TN, subject to additions and deductions for changes as may be agreed upon in writing and subject to the other terms of this agreement. This contract price is a guaranteed maximum; all savings due to changes shall be reimbursed to CONTRACTOR.
IN CONSIDERATION WHEREOF the parties hereto have executed the Agreement as of the date first set forth above.
IN CONSIDERATION WHEREOF the City hereby grants the Developer the right and privilege to commence and construct the Project stipulated herein.
IN CONSIDERATION WHEREOF the Lessee covenants to pay as rent in monthly installments, without demand in advance at the Administration Office in the Town House Building from the beginning of the term the sum of five-hundred dollars ($500) per month for each and every month thereafter and a like and equal sum for each and every month pertinent to this Agreement and in advance thereafter during the term of any renewal thereof, following the day last aforesaid until the whole amount of said rent is paid; and this Agreement is with the express understanding that the $500 monthly rental is rental at cost and includes electric, gas, water, and sewage utilities furnished to Lessee but does not include telephone, cable or any other utility services, and all other maintenance charges properly to be borne by Lessor, and that this rental has been computed and is based upon actual costs of the Lessor in the furnishing of utility services and building maintenance for the benefit and use of the Lessee and in no way or manner is to be construed as being any other than a rental at cost and without “profit” to Lessor. IT IS EXPRESSLEY UNDERSTOOD AND AGREED that no additions or improvements made by the Lessor shall be removed or altered in any part or manner thereof and that Lessee may not sublet the premises rented or any part thereof; and Lessee may not post bills or erect billboards or signs without the written approval Lessor and the Lessee may not assign this lease voluntarily, involuntarily, by judicial sale, or otherwise, without the written consent of Lessor and shall under penalty of instant forfeiture of this Agreement and the terms hereof and payment of five- hundred dollars ($500) as additional rent; and Lessee will use the premises only for the purposes of collecting of taxes in the official capacity as Tax Collector, and Lessee agrees to surrender the same in as good order as they now are, reasonable wear and tear and accidents by fire alone excepted. Lessee further agrees to perform, fully obey, and comply with all the ordinances, rules, regulations, and laws of all public authorities, boards, and officers relating to said premises, or the improvements thereon, or to the use thereof, and further not to use or occupy or suffer or permit any person or body to use or occupy the said premises, or any part thereof, for any purpose or use in violation of any lay, statute, or ordinance, whether Federal, State, or Municipal, during the term of said lease or any renewal thereof. Lessee express...
IN CONSIDERATION WHEREOF and upon payment of the purchase price and interest and upon the performance and observance by the Purchaser of each and every covenant, proviso, condition and agreement herein contained on the part of the Purchaser to be performed or observed, the Vendor COVENANTS AND AGREES with the Purchaser to convey and assure, or cause to be conveyed and assured, to the Purchaser, by a good and sufficient transfer in fee simple, ALL THAT the lands above described, together with the appurtenances thereto belonging or appearing, FREED AND DISCHARGED FROM ALL ENCUMBRANCES, subject to the provisions of paragraphs 16, 17 and 18. AND ALSO SAVE AND EXCEPT local improvement assessments or taxes, sewer and water rates from and after the date hereof, and subject to the limitations, exceptions, provisos, conditions and reservations in the original grant thereof from the Crown.
IN CONSIDERATION WHEREOF. TCC shall pay to the Contractor not to exceed $__________, for those services provided herein and in accordance with the budget, Exhibit A, attached hereto and incorporated herein. BILLING PROCEDURE TCC will reimburse the contractor upon receipt of properly executed vouchers. Claims for payment submitted by contractor to TCC for costs due and payable under this agreement that were incurred prior to the expiration date shall be paid by TCC if received by TCC within 60 days after the expiration date.
AutoNDA by SimpleDocs
IN CONSIDERATION WHEREOF the United States agree to pay to the said Indians, under the direction of the President, and in such manner as he shall from time to time prescribe, the sum of three hundred thousand dollars, as follows: one hundred thousand dollars to be invested at an interest of five per centum per annum; the interest of which shall be annually expended for educational and other beneficial purposes. The remaining two hundred thousand dollars to be paid thus: Twenty-five thousand dollars in the month of October, one thousand eight hundred and fifty-four; twenty thousand dollars during the same month in each of the years one thousand eight hundred and fifty-five and one thousand eight hundred and fifty-six; fourteen thousand dollars during the same month in each of the years one thousand eight hundred and fifty-seven and one thousand eight hundred and fifty-eight; nine thousand dollars in the same month of each of the six years next succeeding that of one thousand eight hundred and fifty-eight; seven thousand dollars in the same month of each of the four years next succeeding the expiration of the last-named period of six years; and five thousand dollars in the same month of each of the five years next succeeding the last-named four years. And as the Kickapoos will remove to a new home, and will, therefore, require the principal portion of the annual payments for several years to aid in building houses, in breaking and fencing land, in buying stock, agricultural implements, and other articles needful for their comfort and civilization, it is understood that such portion of said annual payments as may be necessary, will be appropriated to and expended for such purposes.
IN CONSIDERATION WHEREOF the Lessee agrees to pay the sum of Five Thousand Five Hundred ($5,500.00) Dollars on the first day of each and every calendar month in advance, being at the rate of Sixty Six Thousand ($66,000.00) Dollars per annum, and to take good care of the premises, and return the same at the expiration of said time, in as good order as received, ordinary wear and tear and natural decay excepted, unless destroyed by lightning or other natural causes, or fire not caused by its default; and not to erect, or to permit to be erected on the premises any nuisance or commit any waste. This rental amount is for the original structure located on the premises. The Lessee also agrees to pay the sum of Two Thousand Nine Hundred Twenty Five ($2,925.00) Dollars per month for a period of ten (10) years, beginning February 15, 1994, for the 10,000 square feet building addition constructed by the Lessor in 1989. The Lessee additionally agrees to pay the sum of Five Thousand Ten ($5,010.00) Dollars per month for a period of ten (10) years, beginning February 15, 1994, for a new addition to be constructed by the Lessor, which addition is to consist of (1) a nominal 15,000 square feet addition complete with lighting, sprinklers, gas heat and landscape work, and (2) a new mezzanine office, HVCA, ceiling and restrooms in the detached "warehouse" building. A copy of the plans for said addition are attached to this Lease. The total amount of the monthly rental payments on the original building, the 1989 addition, and the new addition shall be $13,435.00 per month, making the total rent $161,220.00 per annum. The lease amount for the addition is based on the amortized cost of the project, including interest, taxes, insurance, and maintenance. Lessor agrees that any benefits realized from the Rural Electrification Authority (REA) 10 year, no interest loan (up to $400,000.00) will be passed on the C&D Charter Power Systems. The principal portion of the lease payment is to be amended to match the amount of the loan granted. The following additional stipulations are hereby declared to be a part of this lease:
IN CONSIDERATION WHEREOF the RECIPIENTS have executed this instrument at the place and date indicated below:
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!