Nature of Performance Sample Clauses

Nature of Performance. During the existence of the joint venture the partners shall be solely responsible for performing the following duties: (A) The first party shall contribute all monies needed to purchase, repair, maintain, advertise, market and any other expenses as well as mortgage payments that become due during the period of ownership of the subject property as well as qualifying for any necessary financing. (B) The second party shall be solely responsible for the day to day management maintenance, renovation and marketing of the subject property for resale, thereby protecting the investment for both parties. The second party my make, at his sole option and expense, make alterations and improvements to the property as in her discretion are necessary and advisable.
Sample 1See All (4)
AutoNDA by SimpleDocs
Nature of Performance. Synlait shall perform its production activities described herein in a lawful, competent, professional and timely manner with the degree of skill, care and diligence expected of a company expert and experienced in performing such activities. Without limiting the generality of the foregoing, Synlait shall, throughout the term of this Agreement: (i) maintain all regulatory approvals necessary to lawfully produce and supply to Immuron HIC that Immuron orders hereunder, and (ii) comply with all New Zealand laws and regulations, as well as any applicable international conventions which have the force of law, in performing its obligations hereunder.
Sample 1Sample 2
Nature of Performance. During the existence of the joint venture the parties shall be solely responsible for performing the following duties: (A) The Investor shall be solely responsible for contributing the Investment Contribution. (B) The Contractor shall be solely responsible for the day to day management, maintenance, renovation and marketing of the Property for resale, thereby protecting the investment for both parties. The Contractor shall adhere to the Approved Budget (defined below) and any alterations or improvements desired above the approved budget amount must be agreed upon in writing by both parties.
Sample 1
Nature of Performance. (a) The IPro will perform the Services as set out in Part 1 of the Schedule and any other conditions stipulated by the Client in Part 11 of the Schedule, when requested by ESS and the Client, in accordance with all applicable laws, to the best of his/her skill and knowledge and at all times acting in good faith. (b) The IPro shall: (i) make good any unsatisfactory Services it performs, including the rectification of defects in the performance of the Services at no further cost to the Client or ESS; and (ii) immediately notify ESS of any activity it is involved in which may create a conflict of interest with the duties the IPro owes ESS and/or the Client. (c) The IPro shall maintain all authorisations, permits and licences required to perform the Services, and must produce evidence of such to ESS, upon request. (d) The IPro may delegate the performance of the Services to another person (Delegated Person) with the prior consent of the Client and/or ESS and upon the Delegated Person executing this Agreement. (e) The parties acknowledge this agreement may be extended to involve the future provision of Services to other Clients of ESS at the conclusion of any initial engagement. Such further engagement shall be in accordance with clause 1.1.
Sample 1
Nature of Performance. During the experience of the joint venture, the venturers shall be solely responsible for performing the following duties: (a) The First Party shall , in addition to those duties set out in Schedule "B-1", which is attached incorporated herein by reference. The First Party shall perform all work in full compliance with any an requirements, and in strict compliance with any and all governmental requirements applicable thereto. (b) The Second Party shall _, in addition to those duties set out in Schedule "B-2", which is attached hereto and in reference. The Second Party shall perform all work in full compliance with any and all contract require compliance with any and all governmental requirements applicable thereto.
Sample 1
Nature of Performance. During the experience of JVA, the companies shall be responsible for performing the following duties. REALEZA at its option shall undertake the site preparation, site development, mechanical, electrical, plumbing, masonry works, metal fabrication works/installation including some finishing works and painting works on any and all construction projects awarded to the JVA in addition to those responsibilities set out in “Section-3” of this JVA. ABC shall undertake the building foundation, civil and structural works on any building construction including newly introduced wall cladding and finishing technology not locally available in the Philippine construction standard on any and all construction projects awarded to the JVA in addition to those duties set out in “Section-4” of this JVA.
Sample 1
Nature of Performance. During the existence of the joint venture the partners shall be solely responsible for performing the following duties: (A) Except as provided in this paragraph, each of the parties will not dispose (i.e., transfer, devise, convey, lease, mortgage or otherwise encumber his undivided interest) in the subject property without the written consent of the other party. (B) The first party shall be solely responsible for providing all available information for the purchase of the subject note including all contacts, communications and providers, thereby protecting the investment for all parties. (C) Project funds shall be deposited to an operating account solely controlled by the first party. (D) The first party shall be solely responsible for the day-to-day management, negotiation, contracts, account setup, maintenance, renovation and marketing of the subject property, thereby protecting the investment of all parties. The first party may, at his sole option and expense make alterations and improvements to the property as in his discretion are necessary and advisable. (E) The second party shall contribute all expected monies needed to purchase, maintain servicing, insurance, legal and any other operating expenses that become due during the period of ownership of the subject property as well as qualifying for any required financing, thereby protecting the investment of both parties.
Sample 1
AutoNDA by SimpleDocs
Nature of Performance. During the existence of the Supply Agreement, the Parties shall be solely responsible for performing the following duties: a) ESW shall perform all work in full compliance with any and all contract requirements and in strict compliance with any and all governmental requirements applicable thereto. b) The Supplier shall, in addition to providing those products set out in Exhibit A, which is attached hereto and incorporated herein by reference at prices, which will be negotiated between the parties from time to time. The Supplier shall perform all work in full compliance with any and all contract requirements and in strict compliance with any and all governmental requirements applicable thereto. ESW shall place orders with the Supplier in a manner acceptable to the Supplier and shall pay obligations there under in a timeframe acceptable to the Supplier.
Sample 1
Nature of Performance 
Sample 1Sample 2Sample 3See All (8)

Related to Nature of Performance

  • Excuse of Performance Seller shall not be liable for delays in performance or for non-performance due to failure or interruption of computer or telecommunication systems, acts of God, war, riot, fire, terrorism, labor trouble, unavailability of materials or components, explosion, accident, compliance with governmental requests, laws, regulations, orders or actions, or other unforeseen circumstances or causes beyond Seller's reasonable control. In the event of such delay, the time for performance or delivery shall be extended by a period of time reasonably necessary to overcome the effect of the delay.

  • Failure of Performance (Art. 44)

  • Review of Performance The Board of Directors shall periodically review and evaluate the performance of Employee under this Employment Agreement with Employee.

  • Time of Performance Time for performance of the Scope of Services under this Agreement shall begin with receipt of the Notice to Proceed and end no later than December 31, 2026. Consultant shall complete the tasks described in the Scope of Services, within this time or within such additional time as may be extended by the County.

  • Monitoring of Performance Vendor shall continuously monitor and record its performance to ensure that all of Vendor's responsibilities and obligations hereunder are being met and fulfilled. Citizens may conduct programmatic and other administrative contract monitoring during the term of this Agreement. The purpose of this monitoring is to ensure that all of Vendor's responsibilities and obligations are being met and fulfilled. Such monitoring may include on-site visits, report reviews, invoice reviews, compliance reviews, and a review of any other areas reasonably necessary. Vendor acknowledges and agrees that Citizens may also monitor and record Vendor Staff communications to the extent they occur within or are connected to any Citizens’ resource, such as electronic or telecommunications systems.

  • Limitations of Performance The Custodian shall not be responsible under this Agreement for any failure to perform its duties, and shall not be liable hereunder for any loss or damage in association with such failure to perform, for or in consequence of the following causes:

  • Assurance of Performance If at any time the COUNTY has good objective cause to believe CONTRACTOR may not be adequately performing its obligations under this Agreement or that CONTRACTOR may fail to complete the Services as required by this Agreement, COUNTY may request from CONTRACTOR prompt written assurances of performance and a written plan acceptable to COUNTY, to correct the observed deficiencies in CONTRACTOR’s performance. CONTRACTOR shall provide such written assurances and written plan within thirty (30) calendar days of its receipt of COUNTY’s request and shall thereafter diligently commence and fully perform such written plan. CONTRACTOR acknowledges and agrees that any failure to provide such written assurances and written plan within the required time is a material breach under this Agreement.

  • Manner of Performance Subject to the provisions of Article XII hereof, the Contractor shall perform all of the Work described in the Statement of Work, or cause such Work to be performed in an efficient and expeditious manner and in accordance with all of the terms and provisions of this Agreement. The Contractor shall perform the Work in accordance with the current professional standards and with the diligence and skill expected for the performance of work of the type described in the Statement of Work. The Contractor shall furnish such personnel and shall procure such materials, machinery, supplies, tools, equipment and other items as may reasonably be necessary or appropriate to perform the Work in accordance with this Agreement.

  • Suspension of Performance Notwithstanding any other provision hereof, if an Event of Default or a Potential Event of Default has occurred and is continuing, the Non-Defaulting Party, upon written notice to the Defaulting Party, has the right (i) to suspend performance under any or all Transactions and (ii) to the extent an Event of Default has occurred and is continuing, to exercise any remedy available at law or in equity, except as limited be Section 5.7.

  • Standard of Performance Consultant represents and warrants that it has the qualifications, experience and facilities necessary to properly perform the services required under this Agreement in a thorough, competent and professional manner. Consultant shall at all times faithfully, competently and to the best of its ability, experience and talent, perform all services described herein. In meeting its obligations under this Agreement, Consultant shall employ, at a minimum, generally accepted standards and practices utilized by persons engaged in providing services similar to those required of Consultant under this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!