Procedures and Conditions Sample Clauses

Procedures and Conditions. Each Revolving Credit Loan obtained by the Borrower shall be subject to the following terms and conditions: (a) Each Revolving Credit Loan obtained by the Borrower shall be in the minimum principal sum of One Thousand Dollars ($1,000.00). (b) Whenever the Borrower desires to obtain a Revolving Credit Loan it shall deliver to the Lender a Request for Disbursement (either orally or in writing) (unless waived by the Lender in writing) before the day on which it wishes to have the fund made available. Each such Request for Disbursement shall specify the amount of the Revolving Credit Loan requested, the date on which the Borrower desires the funds to be made available, and the purpose for which the Revolving Credit Loan is requested. The Borrower hereby authorizes the treasurer of the Borrower, and any person designated by the board of directors of the Borrower pursuant to a resolution which has been certified to the Lender by the corporate secretary or an assistant corporate secretary of the Borrower, to make either an oral or a written Request for Disbursement. As long as the Lender believes in good faith that the person actually making any oral Request for Disbursement is, in fact, such treasurer or other person designated by the Borrower's board of directors, then any Revolving Credit Loan made as a result of the Request for Disbursement shall be deemed to have been made pursuant to a valid and authorized Request for Disbursement, regardless of whether the maker of the Request for Disbursement was truly who he or she claimed to be. (c) The Borrower shall not be entitled to obtain any Revolving Credit Loan if any Event of Default or Unmatured Default shall exist at the time of the making of the Request of Disbursement, or would exist upon the making of the Revolving Credit Loan requested, even if the Lender does not elect to terminate the Revolving Credit as a Borrower with notice of any determination by the Lender to refuse to make additional advances of the Revolving Credit Loan because of the existence of an Unmatured Default as soon as practicable following any such determination, and the Lender acknowledges that the Borrower shall again be entitled to advances of the Revolving Credit Loan if, in such event, such Unmatured Default is cured prior to the occurrence of any Event of Default. (d) The Borrower shall not be entitled to obtain any Revolving Credit Loan if immediately after making the Revolving Credit Loan were to be made, the aggregate of the u...
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Procedures and Conditions. Customer agrees to comply with such procedures, conditions, instructions or other requirements as any Scotia Entity shall impose from time to time with respect to the services to be provided by it.
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Procedures and Conditions. The obtaining by the KFC Cooperative of each advance under the KFC Line of Credit shall be subject to the following terms and conditions: (a) Each advance under the KFC Line of Credit shall be in integral multiples of One Hundred Thousand Dollars ($100,000.00) or, if less, the amount available to be borrowed under the KFC Line of Credit at the time the advance is requested by the KFC Cooperative. Whenever the KFC Cooperative desires that the Bank make an advance under the KFC Line of Credit to the KFC Cooperative, the KFC Cooperative shall give the Bank telephonic or facsimile notice of the amount of the advance requested and the date on which such advance is to be made by the Bank. At the request of the Bank, the KFC Cooperative shall confirm in writing any telephonic request for an advance under the KFC Line of Credit. (b) The Bank shall not incur any liability to the KFC Cooperative in acting upon any telephonic notice referred to above which the Bank believes in good faith to have been given by a duly authorized officer or other person authorized to borrow on behalf of the KFC Cooperative or for otherwise acting in good faith under this Section 2.5, and, upon the funding of any advance under the KFC Line of Credit by the Bank in accordance with this Loan Agreement pursuant to any telephonic notice, the Borrower shall have effected such advance hereunder. (c) The Bank shall make the proceeds of each advance under the KFC Line of Credit requested by the KFC Cooperative available to the KFC Cooperative on the date requested by the KFC Cooperative (which shall be a Business Day) by causing an amount of same day funds equal to the proceeds of such advance to be credited to the operating account maintained by the KFC Cooperative with the Bank. (d) The KFC Cooperative shall have no right to obtain, and the Bank shall have no obligation to make, any advance under the KFC Line of Credit if a KFC Default or a KFC Event of Default has occurred and is continuing. (e) Each request by the KFC Cooperative for an advance under the KFC Line of Credit shall, in and of itself, constitute a continuing representation and warranty by the KFC Cooperative to the Bank (i) that the KFC Cooperative then is, and at the time the advance is actually made will be, entitled under this Loan Agreement to obtain the particular advance, and (ii) that all of the covenants, agreements, representations and warranties made by the KFC Cooperative herein and in the other Loan Documents to whic...
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Procedures and Conditions. Each disbursement under the Revolving Credit obtained by the Borrower shall be subject to the following terms and conditions:
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Procedures and Conditions. Each draw on the Draw Facility that is requested by the Borrower shall be subject to the following terms and conditions:
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Procedures and Conditions. For those passport holders who arrive for the purpose of residence, each Party shall exempt the applicant for exchange of a driving license issued by the other Party from the related theoretical and practical tests. This exemption shall be limited to driving license categories for motorcycles and light vehicles only. The exchange of driving licenses shall be permitted after the issue of the permanent residence visa and shall be valid for a period of time as defined by national legislation of the respective Parties. Types of driving licenses are exchanged according to the following table: Republic of Estonia United Arab Emirates 1) A – motorcycle. A1 – motorcycle with a motor capacity not exceeding 125 cubic centimeters and motor power not exceeding 11 kilowatts or a motorcycle with a power and weight ratio not exceeding 0.1 kilowatts per kilogram. A three-wheel power-driven vehicle with symmetrically arranged wheels and with a motor power not exceeding 15 kilowatts is also an A1 subcategory power-driven vehicle A2 – motorcycle with motor power not exceeding 35 kilowatts or with power to weight ratio not exceeding 0.2 kilowatts per kilogram and that has not been modified from a vehicle with a motor capacity at least twice the amount. 1) Motorcycles 2) Light vehicles  weight not exceeding 3.5 tons;  microbus up to maximum of 14 passengers. 2) B – motor vehicle with maximum mass not exceeding 3500 kilograms and designed and manufactured to carry up to eight passengers in addition to the driver; the same motor vehicle coupled with a light- weight trailer or with a trailer that is not a light-weight trailer and where the maximum mass of the road train does not exceed 3500 kilograms. B1 – four-wheel vehicle that is not a moped and whose unladen mass does not exceed 400 kilograms or 550 kg for vehicles for transporting goods and net power no higher than 15 kilowatts. In the event of the unladen mass of vehicles with an electric actuator, the battery mass must not be taken into account.
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Procedures and Conditions. Contractor shall provide SBWMA with the written credit for the procured compost for the benefit of the SBWMA Member Agency(ies) designated by SBWMA. The annual compost procurement services shall be subject to the following conditions: • Up to 2,000 total tons of finished compost shall be allocated to SBWMA per each year of the agreement term. • Any finished compost material requested by the SBWMA from 1 to 2,000 tons per contract year shall be allocated at no additional charge to the SBWMA or its Member Agencies. • Contractor will not be responsible for the transportation of, nor the costs of delivery, of finished product to either the Shoreway Environmental Center or to a location designated directly by a Member Agency of the SBWMA. • Any finished compost material requested by SBWMA above the 2,000 tons per contract year shall be in accordance with the per ton rates outlined further in this Exhibit. • Of the 2,000 total tons of finished compost allocated to SBWMA per each year of the agreement term, up to 500 of these tons may be given away to 3rd party recipients by way of a direct service provider agreement. Such direct service provider agreement shall be made available to SBWMA in lieu of the physical delivery of finished compost material to SBWMA and its Member Agencies as previously described in this Exhibit. The remaining balance of the 2,000 annual tons of finished compost material shall be physically received by SBWMA. • Any finished compost material requested by SBWMA above the 2,000 tons per contract year, shall be made available to SBWMA and its Member Agencies by either the same physical delivery procedures outlined in this Exhibit or by way of a direct service provider agreement. • Compost quality will meet the U.S. Compost Council Seal of Testing.
Sample 1
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Procedures and Conditions. Customer agrees to strictly follow all procedures and conditions established for EBIB and initiation of wire transfers via EBIB, which may be issued from time to time by Bank and any amendments thereto including, without limitation, all procedures and conditions set forth in this Booklet. Customer acknowledges and agrees that Customer has sole responsibility for the security of the Identification Codes, Passwords, Security Devices, Security Procedures utilized by the Administrator and all Users.
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Procedures and Conditions. Each Revolving Credit Loan obtained by the Borrower shall be subject to the following terms and conditions: (a) Each Revolving Credit Loan obtained by the Borrower shall be in the minimum principal amount of $25,000.00 unless the balance of the Revolving Credit available for Revolving Credit Loans is at any time less than $25,000.00, in which event a single draw in the amount of such available balance shall be permitted.
Sample 1

Related to Procedures and Conditions

  • Agreements and Conditions On or before the Closing Date, Seller shall have complied with and duly performed and satisfied in all material respects all agreements and conditions on its part to be complied with and performed by such date pursuant to this Agreement.

  • 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.

  • SETTLEMENT TERMS AND CONDITIONS Contour is willing to resolve the violations cited herein by entering into this Agreement and freely and voluntarily waives its right to a hearing under Banking Law Sections 44 and 598. Therefore, in consideration of the promises and covenants set forth herein, the Settling Parties agree, as follows: 1. Contour shall not: a. Under any name or designation conduct or transact business in this state at any physical location that has not been approved by the Superintendent; b. Under any name or designation conduct or transact business in this state through the use of any website or domain name that has not been approved by the Superintendent; c. Conduct or transact business under any name or designation other than that shown on its license or branch certificate; d. Assign mortgage loan originators to locations that are not licensed by the Superintendent; e. Engage in net branching or offer net branching opportunities in violation of the Department’s prohibition against net branching; f. Transfer or assign its mortgage banker license; g. Engage in conduct prohibited by Part 38 of the General Regulations. 2. Contour agrees to take all necessary steps to ensure its compliance with all applicable federal and state laws, regulations, supervisory requirements, and guidance letters relating to its mortgage business, including but not limited to: a. Complying with the requirements of Banking Law Articles 12-D and 12- E, Part 420 of the Superintendent’s Regulations, and Part 38 of the General Regulations; b. Assigning mortgage loan originators only to locations licensed by the Superintendent, and displaying the license for each mortgage loan originator working at such location; c. Providing the proper oversight and supervision of each individual who becomes employed by, or affiliated as an independent contractor of or consultant for, Contour; and d. Maintaining books and records in a manner that will enable the Superintendent to determine whether Contour is complying with all applicable federal and state laws, regulations, supervisory requirements, and guidance letters. 3. Contour agrees to develop a comprehensive operations manual governing its day-to-day operations, which shall, at a minimum, address the: a. Establishment of new business locations; b. Use of business names and designations; c. Activities and supervision of employees, independent contractors, and consultants; and d. Maintenance of books and records. 4. Contour agrees to develop a written compliance manual designed to ensure compliance with all applicable federal and state laws, regulations, supervisory requirements, and guidance letters. The manual shall, at a minimum, address: a. The designation of an individual responsible for monitoring compliance with all applicable laws, regulations, supervisory requirements, and guidance letters; b. Prohibited conduct as described by Section 38.7 of the General Regulations; c. The duties of an originating entity as described by Part 420 of the Superintendent’s Regulations; d. Reporting requirements as described by Part 420 of the Superintendent’s Regulations; e. Use of business names and designations, domain names, and websites; f. The duties and responsibilities of employees, independent contractors, and consultants; and g. A compliance training program for employees and independent contractors. 5. Within ninety (90) days from the effective date of this Agreement, Xxxxxxx agrees to submit drafts of its operations and compliance manuals to the Department. 6. Within one hundred twenty (120) days from the effective date of this Agreement, Xxxxxxx agrees to submit copies of its final operations and compliance manuals to the Department together with a letter from an authorized officer of Contour indicating his or her approval of said manuals. 7. Contour agrees that its mortgage banking activities will be subject to examinations semi-annually for a twenty-four-month period following the execution of this Agreement. 8. Contour agrees to pay a fine of $20,000. Contour further agrees that such payment will be made in immediately available funds in accordance with Department payment instructions.

  • 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.

  • Specific Terms and Conditions To the extent that Contractor has received an award for Lot 4, Implementation Services, the following terms and conditions apply to Lot 4 Implementation Services. All Services covered under Lot 4 – Implementation Services must be performed within CONUS. An RFQ for this Lot will be awarded based on, and result in, a deliverable-based Statement of Work (SOW) which will be incorporated into an Authorized User Agreement. The RFQ will include but is not limited to: Authorized User timeframes; system integration requirements; and other risks that may affect the cost to the Authorized User. All responses to RFQs must include detailed price information, including but not limited to: hours required per title, cost per hour, etc. Travel, lodging and per diem costs must be itemized in the total quote and may not exceed the rates in the NYS OSC Travel Policy. More information can be found at xxxx://xxx.xxx.xxxxx.xx.xx/agencies/travel/travel.htm. All costs must be itemized and included in the Contractor’s quote. Article 17-B of the New York State Executive Law provides for more meaningful participation in public procurement by certified Service-Disabled Veteran-Owned Businesses (“SDVOB”), thereby further integrating such businesses into New York State’s economy. OGS recognizes the need to promote the employment of service-disabled veterans and to ensure that certified service-disabled veteran-owned businesses have opportunities for maximum feasible participation in the performance of OGS contracts. In recognition of the service and sacrifices made by service-disabled veterans and in recognition of their economic activity in doing business in New York State, Bidders are expected to consider SDVOBs in the fulfillment of the requirements of the Contract. Such participation may be as subcontractors or suppliers, as protégés, or in other partnering or supporting roles.

  • 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.

  • Insurance Terms and Conditions Company must maintain the following limits and coverages uninterrupted or amended through the term of this Agreement. In the event Company becomes in default of the following requirements, Authority reserves the right to take whatever actions it deems necessary to protect its interests. Required liability policies other than Workers’ Compensation / Employer’s Liability will provide that Authority, members of Authority’s governing body, and Authority’s officers, volunteers and employees are included as additional insureds.

  • Other Terms & Conditions 15.6.1. On termination of License Agreement: a. All third party agreements, entered by the Licensee with respect to the said property business space, shall stand terminated with immediate effect ; b. In case of termination of agreement on account of Licensee’s Events of Default, the interest free Security Deposit and/or Performance Security shall be forfeited in favour of Maha-Metro. Any outstanding dues payable to Maha-Metro shall be adjusted/ recovered from the advance license fee and forfeited interest free Security Deposit. Balance outstanding dues, if remaining after adjustment of outstanding dues from the advance license fee and interest free Security Deposit, shall be recovered from the licensee. c. All utilities shall be disconnected with immediate effect, unless otherwise specified elsewhere, and 15.6.2. A notice of vacation shall be issued to the Licensee to vacate the premises within 30 days. i. On termination of the license agreement, the Licensee shall handover the vacant possession of premises to the Maha-Metro’s authorized representative within 30 days from the date of termination of License Agreement, after removal of plants, equipments, furniture, fixtures, etc. installed by the Licensee at its own cost, without causing damage to Maha-Metro structures. The Licensee shall be allowed to remove their temporary structures, assets like furniture, almirahs, airconditioners, DG sets, equipments, etc without causing damage to the structure. However, the Licensee shall not be allowed to remove any facility, equipment, fixture, etc. which has become an integral part of the development plan of the space. The Licensee agrees voluntarily and un-equivocally not to seek any claim, damages, compensation or any other consideration whatsoever on this account. If the premise is not handed over in good condition as required under this clause, Maha-Metro reserves the right to deduct/ recover damage charges. No grace period shall be provided to licensee, if licensee terminates the contract within the lockin period. ii. If the Licensee fails to vacate the premises within the grace period of thirty (30) days, penalty of twice the prevalent monthly License Fee shall be chargeable for occupation for this thirty (30) days period. And, after lapse of this 30 (thirty) days grace period, Maha- Metro shall take over the goods / property treating at NIL/ Zero value, even if it is under lock & key; and shall be free to dispose-off the property in whatsoever manner as it deems fit. Licensee shall have no claim for compensation or consideration / damages after completion of grace period. If, licensee fails to pay the penalty, applicable in case of non- vacation of premises, the same shall be adjusted from the Interest Free Security Deposit / Performance Security available with Maha-Metro. No grace period shall be provided to licensee, if licensee terminates the contract within the lock-in period. iii. After vacating the premises, the Licensee shall submit a vacation certificate from the Maha-Metro’s authorized representative as a proof of Licensee having vacated the site. Licensee’s statement regarding vacation, without a vacation certificate from the Station in-charge or its authorized representative, shall not be accepted. iv. The termination of this Agreement shall not relieve either party from its obligation to pay any sums then owing to the other party nor from the obligation to perform or discharge any liability that had been incurred prior thereto. The Licensee shall be liable to pay all dues outstanding to Maha-Metro including electricity, chiller and other utility charges under this agreement without prejudice to rights and remedies applicable under the law. The final settlement of dues shall take place after submission of vacation certificate from the Depot in charge or his authorized representative subsequent to termination of License Agreement. v. On termination of Agreement, Maha-Metro shall have rights to re-enter, re-market or to seal/ lock the Licensed Space.

  • 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.

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