INITIAL FUNDING, EQUIPMENT, SOFTWARE Sample Clauses

INITIAL FUNDING, EQUIPMENT, SOFTWARE. Following its receipt of the Initial Payment, GlobeTel (or its affiliate) shall make a capital contribution of US$50,000,000 (FIFTY MILLION US DOLLARS) either to JVCo or OpCo (in the case of OpCo either directly or via JVCo), such funds to be applied to the operating costs. Provided that RP timely complies with all its obligations hereunder, GlobeTel (or its affiliate) shall transfer or procure the transfer (by way of in-kind capital contribution or in other arrangements (not involving significant expenditure by the JV Entities)) the equipment necessary for the Project to OpCo (either directly or via the JVCo), the deemed value of which equipment together with associated know-how and Intellectual Property, the parties agree (and in no circumstances dispute), is at least US$***), which equipment shall be transferred in connection with the deployment of the network in particular Project Cities. Provided that RP timely complies with all its obligations hereunder, GlobeTel (or an affiliate thereof) shall transfer or procure the transfer (by way of in-kind capital contribution or in other arrangements (not involving significant expenditure by the JV Entities)) the Software necessary for the Project to JVCo, which Software shall then be made available for use by OpCo (in an arrangement not involving significant expenditure by OpCo), the deemed value of which Software together with associated know-how and Intellectual Property, the parties agree (and in no circumstances dispute), is at least US$***). OpCo will enter into customer contracts for use of the network. Costs associated with the operation of the deployed networks will be the responsibility of OpCo as funded by its operations.
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Related to INITIAL FUNDING, EQUIPMENT, SOFTWARE

  • Additional Equipment Additional Equipment may from time to time be added as the subject matter of this Agreement as agreed on by the parties. Any additional property will be added in an amendment describing the property, the monthly rental, security deposit, and stipulated loss value of the additional Equipment. All amendments must be in writing and signed by both parties. Other than by this amendment procedure, this Agreement may not be amended, modified, or altered in any manner except in writing signed by both parties.

  • Computer Equipment Recycling Program If this Contract is for the purchase or lease of computer equipment, then Contractor certifies that it is in compliance with Subchapter Y, Chapter 361 of the Texas Health and Safety Code related to the Computer Equipment Recycling Program and the Texas Commission on Environmental Quality rules in 30 TAC Chapter 328.

  • Additional Software Should any additional Software licenses be purchased during the Term: (a) In the case of Permanent Licenses, the maintenance Fees will be pro-rated till the Expiry Date and these licenses will be added to the Supported Software. (b) In the case of Subscription Licenses, the license Fees will be pro-rated till the Expiry Date and these licenses will be added to the Supported Software. (c) In the case of Monthly Licenses, the licenses will be subject to their own support and maintenance agreement. (d) The Customer may request that support of certain bundles of licenses be subject to their separate support and maintenance agreements, in which case the expiry dates of these agreements may not coincide.

  • Basic Equipment Warranty The Contractor warrants that all equipment rented or supplied under this Agreement shall be in good working order and shall conform to the needs specified by the Judicial Council. The Contractor shall immediately replace any inoperative equipment with operative equipment, or make all adjustments, repairs, and parts replacements required to maintain the equipment rented or supplied hereunder in working condition.

  • Hardware Warranty Company warrants that for a period of one (1) year from delivery of Hardware, Hardware will be free from defects in material and workmanship in normal use, but does not cover any of the following: (i) improper installation, maintenance, adjustment, repair or modification by Customer or a third party; (ii) misuse, neglect, or any other cause other than ordinary use, including without limitation, accidents or acts of God; (iii) improper environment, excessive or inadequate heating or air conditioning, electrical power failures, surges, water damage or other irregularities; (iv) third party software or software drivers; or (v) damage during shipment.

  • Equipment and Software To use the Mobile Remote Deposit Services, you must obtain and maintain at your expense, compatible equipment and software that we may specify from time to time.

  • NEW MATERIALS The Work to be delivered hereunder shall consist of new materials, not used, or reconditioned, remanufactured, or of such age as to impair its usefulness or safety.

  • Equipment Specifications All equipment must meet the contract specifications and all federal and State safety codes and regulations in effect at the date of manufacture. All equipment must be Original Equipment Manufacturer (OEM) equipment unless otherwise stated in the contract. All products, materials, supplies, replacement parts, and equipment offered and furnished must be new, of current manufacturer production, and must have been formally announced by the manufacturer as being commercially available, unless otherwise stated in this Contract.

  • Required hardware and software The minimum system requirements for using the DocuSign system may change over time. The current system requirements are found here: xxxxx://xxxxxxx.xxxxxxxx.xxx/guides/signer-guide- signing-system-requirements.

  • Equipment Use Lessee agrees that the Equipment will be operated by competent, qualified personnel in connection with Lessee's business for the purpose for which the Equipment was designed and in accordance with applicable operating instructions, laws, and government regulations, and that Lessee shall use all reasonable precautions to prevent loss or damage to the Equipment from fire and other hazards. Lessee shall procure and maintain in effect all orders, licenses, certificates, permits, approvals, and consents required by federal, state, or local laws or by any governmental body, agency, or authority in connection with the delivery, installation, use, and operation of the Equipment.

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