NOW IT IS HEREBY AGREED AS FOLLOWS. Words and expressions defined in the Principal Agreement when used in this Agreement have, unless the context otherwise requires, the same meanings as are ascribed to them in the Principal Agreement and the provisions of clause 2 of the Principal Agreement as to the interpretation thereof shall apply to this Agreement.
NOW IT IS HEREBY AGREED AS FOLLOWS. In this Agreement (including the recitals) the following words shall have the respective meaning given to them below: -
NOW IT IS HEREBY AGREED AS FOLLOWS. Division into parts 10
NOW IT IS HEREBY AGREED AS FOLLOWS. PART ONE:
NOW IT IS HEREBY AGREED AS FOLLOWS. Division into parts 8
NOW IT IS HEREBY AGREED AS FOLLOWS. In consideration of the contract rate to be paid by the Uttarakhand Jal Sansthan at the time and in the manner set forth in said conditions, the supplier will upon and subject to the said conditions execute and complete the supply.
NOW IT IS HEREBY AGREED AS FOLLOWS. The contract comprises:
NOW IT IS HEREBY AGREED AS FOLLOWS a) This agreement will come into effect from and will remain in force up to
b) In consideration of the Contract Amount (as per attached price schedule accepted and approved by the SBI) to be paid at the times and in the manner set forth in the said Conditions, the Contractor shall upon and subject to the said Conditions execute and complete the work shown upon and described in the said Specifications and the priced Schedule of Quantities.
c) The Employer shall pay to the Contractor the said Contract Amount, or such other sum as shall become payable, at the times and in the manner specified in the said Conditions as per accepted Tender, covering the cost of manpower, materials/consumables etc. for efficient rendering of the maintenance services. Such sums/dues shall be payable on monthly basis subject to submission of bill / invoice. The specified materials / fittings/ fixtures not covered within the scope of work, shall be arranged by the contractor and actual cost thereof shall be reimbursed by the Bank at prevailing market Rates or any approved rates of the Bank subject to production of GST paid Invoice/Bills duly authenticated by the Officer/Engineer-in-Charge of SBI. The contractor has to take necessary approval of rates, make and model of various maintenance material / items from the SBIs prior to its use in the work and Official payment thereon will be made after the same is duly certified by the Bank’s officials to the effect that the maintenance services have been provided satisfactorily, including use of material, if any, subject to statutory deductions.
d) The above charges do not include Goods & Service Tax, but inclusive of all other taxes/duties/levies, whether existing or levied in future by the Central Government or the State Government or any local authority.
e) The contractor shall be responsible for providing services on regular basis as per the scope of work and terms and conditions of the contract.
NOW IT IS HEREBY AGREED AS FOLLOWS. CLAUSE 1 –
NOW IT IS HEREBY AGREED AS FOLLOWS. Clause 2.4 of the Agreement be further amended in its entirety and read the below: "Following the date of issuance of the Additional Shares, the Company shall effect true-up adjustments, duration and frequency of which shall depend on the Company's sole option (each a "True-Up Period"), whereupon in the event that the Shares' Trading Value (as defined below) is less than the shares' value at the date of issuance such deficit referred to herein as the "True-Up Amount"), the Company shall issue further additional shares (the "True-Up Shares” to Kossimar, with the price per share being the last trading day preceding the date on which the shares are issued. For the purposes of this Clause, the "Shares' Trading Value" shall mean the value of any Shares or Additional Shares remaining unsold. Upon any sale of shares, Kossimar shall be entitled to True-Up Shares should the sale proceeds be less than its Receivable (as defined in the respective Settlement Agreement). The Company shall issue True-Up Shares subject to receipt of a ten days prior written notification, which shall include (a) the relevant supporting brokerage statement indicating the number of shares sold and any proceeds obtained, (b) the balance of the Receivable entitled by Kossimar, and (c) the number of True-Up Shares to be issued Kossimar shall be entitled to request such number of True-Up Shores and in such .frequency as may be required in order to realize its Receivable. "
