Principal Understanding Sample Clauses

Principal Understanding. 2.2.1 Purchase Consideration and Advances paid by CME The Parties has agreed that the aggregate amount of purchase consideration and advances that CME has paid to the Vendors and AASB Group of Ringgit Malaysia One Million Five Hundred Ten Thousand (RM1,510,000.00) only (“Final Consideration”) as payment towards the Total Consideration pursuant to the terms of the SSA and SA (including sums that were paid towards the Purchase Price and towards working capital as provided in the SA).
AutoNDA by SimpleDocs
Principal Understanding. 1. The Author has agreed to grant Rights of the “Said Book” and all aspects and incidents connected thereto and all characters forming a part of the Life Story and contents of the book out of which the Producer and/or any other third party, as decided by the Producer, shall develop the Script for the Productions.
Principal Understanding i. The Investor shall make a total payment of Rs. /-(Investment Amount) to the following bank accounts as set out in this Clause, free of any bank transfer charges: Or in such other bank account as may be communicated by the Group to the Investor.
Principal Understanding. Subject to the terms and condifions set forth in this Agreement, GetNaty and the Designer hereby agree to enter into this engagement wherein GetNaty shall display, through the Website or through its E-Commerce PlaVorm, the Designer’s Products. GetNaty and the Designer may, from fime to fime, mutually agree on new ideas, creafion of Products and designs to achieve mutually agreed targets and may also work out unique markefing inifiates to drive sales of the Designer’s Products.
Principal Understanding. 2.1 In consideration of the various amounts stipulated herein and/or as determined by the Owner from time to time, each agreed to be paid and/or deposited by the Allottee to/with the Owner and/or the Other Entities, and in further consideration of the Allottee agreeing and undertaking to perform, observe and comply with each of the terms, conditions, covenants and obligations stipulated by the Owner including but not limited to those stated herein, and the performance thereof by the Allottee, each to the satisfaction of the Owner, the Owner has at the request of Allottee provisionally agreed to: (i) sell and/or transfer in favour of the Allottee All That the Said Apartment; and (ii) permit the Allottee to park private medium sized car(s) owned by the Allottee within the space comprising the Car Parking Space; and (iii) transfer in favour of the Association All That the Undivided Share, each of which the Allottee has agreed to accept, on the clear and unequivocal understanding that nothing in this Agreement does and/or shall and/or shall be construed/deemed to be a demise or transfer in praesenti, as such transfer is intended to take place only upon execution of the Deed of Conveyance in terms hereof and/or subject to the provisions of this Agreement.

Related to Principal Understanding

  • GENERAL UNDERSTANDING (1) The courses of instruction to be provided (the “Applied Learning Experience” or “ALE”) will be of such content, and cover such periods of time as may from time to time be mutually agreed upon by the University and the Facility. The starting and ending date for each ALE shall be agreed upon at least one month before the program commences.

  • Mutual Understanding Each party has read this Agreement, fully understands the contents of it, has had the opportunity to obtain independent legal advice regarding the Agreement’s legal effect, and is under no duress regarding its execution.

  • FULL UNDERSTANDING Executive acknowledges that Executive has been afforded the opportunity to seek legal counsel, that Executive has carefully read and fully understands all of the provisions of this Agreement and that Executive, in consideration for the compensation set forth herein, is voluntarily entering into this Agreement.

  • General Undertakings The undertakings in this Clause 22 remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force.

  • Investment Company The Company is not, and is not an Affiliate of, and immediately after receipt of payment for the Securities, will not be or be an Affiliate of, an “investment company” within the meaning of the Investment Company Act of 1940, as amended. The Company shall conduct its business in a manner so that it will not become an “investment company” subject to registration under the Investment Company Act of 1940, as amended.

  • Project Understanding This project is understood to be the replacement of one (1) hydraulic elevator. The project delivery system is understood to be Design−Bid. Our electrical engineering services for this project will consist of the following. Services not indicated below are considered outside of our basic scope and will be provided upon request as an additional service. It is our understanding that the design of this project will include four (4) deliverables as defined below. The design duration for this project is estimated to be six (6) weeks (not including owner review).

  • Basic Understandings 1.1 The Maine Legislature enacted An Act to Restructure the State’s Electric Industry Public Law 1997, Chapter 316 codified as 35-A M.R.S.A. §§ 3201-3217 (the “Restructuring Act”). Accordingly, the T&D agrees to provide services to Provider in accordance with the Restructuring Act, all applicable Maine Public Utilities Commission (“MPUC”) Rules and Regulations, the Maine Electronic Business Transactions Standards approved by the MPUC (“EBT Standards”), all applicable FERC jurisdictional tariffs, rate schedules and agreements and the T&D's Terms and Conditions, incorporated herein by reference (all of the foregoing being further identified in Exhibit C and hereinafter collectively referred to as the “Precepts”), and the terms of this Agreement.

  • Complete Understanding The terms and conditions set forth in this Agreement represent the full and complete understanding between the parties. The terms and conditions may be modified only through the written mutual consent of the parties.

  • Understanding The parties acknowledge and agree to the following:

  • FULL UNDERSTANDING, MODIFICATION AND WAIVER 3.1.1 This Agreement sets forth the full and entire understanding of the parties regarding the matters set forth herein, and any and all prior or existing Memoranda of Understanding, understandings and agreements, whether formal or informal, are hereby superseded and terminated in their entirety.

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