Main Terms and Conditions Sample Clauses

Main Terms and Conditions. The Parties
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Main Terms and Conditions of the Deposit Agreement 2.01 Number of the deposit account   2.02 Currency of the deposit   2.03 Amount of the deposit   2.04 Term of the deposit 12 (twelve) months 2.05 Number of interest accrual account   2.06 Type of interest rate fixed 2.07 Annual interest rate   2.08 Effective interest rate   2.09 Periodicity of interest accrual   2.10 Financial expenses Commission fee for Withdrawal of amount deposited in non-cash way   of deposit principal amount Commission fee for Withdrawal of interest accrued to the deposit amount   of accrued interest amount Adding money to the Deposit amount is inadmissible. Interest is calculated daily for 365 days in a year, on the deposit amount. In case of monthly accrual, interest shall be accrued monthly on the day relevant to the day the deposit became effective. In case of accrual at the end of the term, interest shall be accrued on the last day of the term of the Deposit, if the day of accrual coincides with non-working day, bank is able to perform accrual on the following day. Deposit/withdrawal of amount and accrual/withdrawal of interest shall be held through the account used for the interest accrual. In case of breaching the Deposit agreement by the Depositor before the agreed term, if the termination of the agreement is carried out: a) Within the first calendar month from the date of entering into force, interest shall not be accrued on the Deposit amount, herewith from the deposit amount will be subtracted accrued and interest paid by the bank in advance (if so) and penalty 0,25 % of the Deposit amount for breaching.   From the date of entering into force,  after 1 (one) calendar month, within next 2 (two) calendar month, interest shall be accrued on the deposit amount according to interest rate of saving deposit on the day of termination of the agreement from the date of entry into force of the agreement until the date of termination.  after 3 (three) calendar months from its entry into force, interest of the relevant maturity flex deposit, established in the bank at the moment of breaching shall accrue on the deposit, for each full calendar month. In case of incomplete month the interest shall not accrue.   In case of using Depositors’ accounts opened in the Bank in order to secure obligation according to the legislation of Georgia, agreement shall not prolong. Herewith, the Bank is empowered and free to refuse unilaterally to prolong the agreement. The bank has ...
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Main Terms and Conditions. Trust shall be incorporated with a Technical Committee, with at least 3 members, as follows:
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Main Terms and Conditions. Blue Holdings agreed to purchase, and The Company agreed to sell the Shares for Sale.
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Main Terms and Conditions. Position 5 3. Commencement, Duration & Notice 5 4. Continuous Employment 5 5. Duties 5 6. Place of Employment 7 7. Hours of Work 7 8. Other Interests 7
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Main Terms and Conditions. China Innovation agreed to purchase and Nopo International agreed to sell the Shares for Sale.
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Main Terms and Conditions. 6 PAYMENTS CONSULTANT TO THE 6 PAYMENTS TO THE CONSULTANT No provision (8) The Employer is agreeable to the Consultant assigning its Receivables to any Factor, subject to the following: a. the Consultant warrants and represents to the Employer that it has not previously assigned such Receivable to any person other than the Payee of such Receivable; b. the Consultant shall provide to the Employer any information in relation to the Payee and the factoring arrangement as the Employer may from time to time reasonably require; c. such assignment shall be without prejudice to the Employer’s rights against the Consultant under the Contract, at law or in equity, including the Employer’s rights of deduction and set-off; d. the Consultant shall ensure that: (i) each of its invoices for assigned Receivables (each, a “Factored Invoice”) indicate a Factor as the Payee; (ii) it shall not issue any Factored Invoice indicating a person that is not a Factor as the Payee; (iii) where any Factored Invoice is in respect of goods or services on which GST is chargeable by the Consultant, the Payee is indicated as the payee of the entire amount (including GST) of such Factored Invoice, unless the Employer agrees otherwise in writing; and (iv) where payment of the Receivable to the Factor is subject to withholding tax under Singapore law, the Consultant shall give prior written notice of this to the Employer and comply with all reasonable invoicing directions of the Employer in connection with such withholding; e. the Consultant acknowledges and agrees that: (i) the Employer shall not be required to verify whether: (A) payment of any Factored Invoice to the Payee is in accordance with a valid factoring arrangement; or (B) the Consultant has complied with Clause 6(8)(d); (ii) payment made by the Employer to the Payee in respect of any Factored Invoice shall constitute a full discharge of the Employer’s payment obligations to the Consultant in respect of such Factored Invoice; (iii) where a Factored Invoice includes GST, payment made by the Employer to the Payee in respect of such GST shall constitute a full discharge of the Employer’s payment obligations to the Consultant in respect of such GST; (iv) if the Consultant issues a Factored Invoice which indicates a Payee that is not a Factor, the Employer shall have the right to reject such invoice and require the Consultant to reissue such invoice indicating either the Consultant or a Factor as the Payee; and (v) in the event withhol...
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Related to Main Terms and Conditions

  • Standard Terms and Conditions Executive expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are incorporated herein by reference, deemed a part of this Agreement and are binding and enforceable provisions of this Agreement. References to “this Agreement” or the use of the term “hereof” shall refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.

  • General Terms and Conditions During the term of this Contract, Contractor agrees to procure and maintain insurance which meets all County’s requirements in the General Terms and Conditions.

  • SETTLEMENT TERMS AND CONDITIONS Without admitting or denying the Department’s findings, Associated is willing to resolve the violations cited herein and in the visitation report by entering into this Agreement and freely and voluntarily waives its right to a hearing under Banking Law Sections 44 and 598 on such violations. Therefore, in consideration of the promises and covenants set forth herein: 1. Associated agrees to take all necessary steps to ensure its compliance with all applicable federal and state laws, regulations, and supervisory requirements relating to its mortgage business, including, but not limited to: a. complying with the requirements of Article 12-D and Article 12-E of the Banking Law, Section 420 of the Superintendent’s Regulations, and Part 38 of the General Regulations; and b. ensuring that its MLOs who conduct mortgage origination activities are licensed pursuant to Article 12-E of the Banking Law and Section 420 of the Superintendent’s Regulations; c. ensuring that its MLOs do not mislead consumers as to their license status; and d. ensuring that its MLOs do not share their unique identifier with any other individual or entity; and e. ensuring that its non-MLO staff does not engage in mortgage activities that require a license; and f. ensuring that its non-MLO staff does not have access to any mortgage loan origination system, software, and documents, and they do not utilize a MLOs unique identifier; and g. ensuring that its books and records, specifically the application logs, are in compliance with Section 410.7 of the Superintendent’s Regulation. 2. Associated agrees to continue to further develop appropriate written compliance policies and procedures designed to ensure compliance with all applicable federal and state laws, regulations, supervisory requirements and guidance letters. The policies and procedures shall, at a minimum: (i) designate an individual responsible for monitoring compliance with all applicable federal and state laws, regulations, supervisory requirements and guidance letters; and (ii) establish a training program to ensure that Associated and its MLO and non-MLO employees understand all applicable federal and state laws, regulations, supervisory requirements and guidance letters. 3. Within ninety (90) days from the effective date of this Agreement, Associated agrees to submit a draft of its compliance policies and procedures to the Department. 4. Within one hundred twenty (120) days from the effective date of this Agreement, Associated agrees to submit a copy of its final compliance policies and procedures to the Department together with a letter from an authorized officer of Associated indicating his/her approval of such policies and procedures. 5. Associated agrees to pay a fine of $ $25,000 payable in two (2) equal installments as follows: $12,500 upon execution of this Agreement $12,500 within 30 days after the execution of this Agreement. 6. Associated further agrees that such payment will be made in immediately available funds in accordance with the Department’s payment instructions.

  • Other Terms and Conditions You also agree to be bound by any other specific terms and conditions governing such recurring/instalment payment scheme. In the event of conflict, such specific terms and conditions are to prevail over the provisions of this clause but only to the extent necessary to give full effect to those terms and conditions.

  • Payment Terms and Conditions 67.6.1 CLEC shall pay a Transit Service Charge as set forth in Table 1 for any Transit Traffic routed to CenturyLink by CLEC. 67.6.2 CLEC shall be responsible for payment of Transit Service charges on Transit Traffic routed to CenturyLink by CLEC and for any charges assessed by the terminating carrier. CLEC agrees to enter into traffic exchange agreements with third-parties prior to routing any Transit Traffic to CenturyLink for delivery to such third parties, and CLEC will indemnify, defend and hold harmless the Transit Service provider against any and all charges levied by such third-party terminating carrier with respect to Transit Traffic, including but not limited to, termination charges related to such traffic and attorneys’ fees and expenses.

  • Changes to these Terms and Conditions Reserving the right to change these terms and conditions. We reserve the right to change or add to these terms and conditions from time to time for legal, safety or other substantive reasons or in order to assist the proper delivery of education at the School. The School will send you notice of any such modifications prior to the end of the penultimate term before the modifications are to take effect.

  • ONLINE TERMS AND CONDITIONS The Terms and Conditions specified herein shall govern all members of xxx.xxxxxxxxxxxxxxxx.xxx (“EHSAN AUCTIONEERS SDN. BHD. website”).

  • CONTRACT TERMS AND CONDITIONS This section sets forth the terms and conditions of the Contract.

  • Governing Terms and Conditions If there is an irreconcilable conflict between the terms and conditions set forth in this Contract or any Contract Amendment and the terms and conditions set forth in any Exhibit, Appendix, Work Authorization or Supplemental Work Authorization to this Contract, the terms and conditions set forth in this Contract or any Contract Amendment shall control over the terms and conditions set forth in any Exhibit, Appendix, Work Authorization or Supplemental Work Authorization to this Contract.

  • Special Terms and Conditions It is the intent of TIPS to award to reliable, high performance vendors to supply products and services to government and educational agencies. It is the experience of TIPS that the following procedures provide TIPS, the Vendor, and the participating agency the necessary support to facilitate a mutually beneficial relationship. The specific procedures will be negotiated with the successful vendor.

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