Purpose Term Sample Clauses

Purpose Term. This Agreement has been executed and the deposit of the Escrow Proceeds hereunder shall be made pursuant to Section 2.5 of the Asset Purchase Agreement. The deposit of the Escrow Proceeds has been made for the purpose of funding and securing, to the extent of the Escrow Proceeds, the Escrow Fund Obligations until the close of business on the one hundred eightieth (180th) day after the date hereof (the "Termination Date").
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Purpose Term. The State of Florida Department of Management Services’ Division of State Purchasing (“the Department”) is requesting proposals from responsible Respondents to establish a State Term Contract for Office and Educational Consumables. The initial term of the expected State Term Contract will be for three (3) years, with the potential option for renewals as allowed by Section 287.057 (14)(a), Florida Statutes. The initial contract term is anticipated to begin on July 1, 2010. Eligible Users of the new State Term Contract would include Florida state agencies, counties, cities, universities, colleges and Other Eligible Users as defined in Rule 60A-1.005, Florida Administrative Code (FAC). Respondents should carefully review all Sections of this ITN with particular attention to Xxxxxxx 0 (XXX 0000), Xxxxxxx 0 (XXX 1000), and Section 5 (Special Contract Conditions). All Sections of this ITN must be accepted and will be incorporated into the Contract without modification. The State’s MyFloridaMarketPlace e-Procurement system Sourcing Tool (“MFMP Sourcing Tool”) will be used to conduct this competitive event.
Purpose Term. The purpose of the Partnership shall be to engage in any one or more enterprises, ventures, undertakings and businesses permissible under applicable laws, including the making, protecting, enhancing and otherwise dealing with investments of whatever nature in property, whether real or personal, including but not limited to investments in common and preferred stock, puts and calls, convertible bonds, bonds, debentures, commodities and interests in existing businesses, and to do all other things proper and necessary to effect such purposes. The term of the Partnership shall commence on the date a Certificate of Limited Partnership is filed with the Secretary of State of the State of Delaware and shall continue until December 31, 2047, unless earlier dissolved as provided herein.
Purpose Term. The Library is a non-profit organization and is organized exclusively for charitable and educational purposes, including the operation of Xxxxxxx Public Library that serves County taxpayers. The operations of the Library are managed by Library Trustees (collectively, the “Trustees”, individually, each, a “Trustee”) who have the authority to appoint officers, employ personnel, and make decisions on how the Xxxxxxx Public Library operates. The Warren County Board of Supervisors (the “Supervisors”) governs the County. The purpose of this Agreement is to establish the terms and conditions upon which the Library shall receive County funds, as County taxpayers contribute approximately 90% of the Library’s operational funding.
Purpose Term. The Company is formed for the object and purpose of, and the nature of the business to be conducted and promoted by the Company is, engaging in any lawful act or activity for which limited liability companies may be formed under the Act and engaging in any and all activities necessary or incidental to the foregoing. The term of the Company commenced on April 22, 2005. The existence of the Company will be perpetual, unless the Company is sooner dissolved pursuant to Section 9.
Purpose Term. The State of Florida, Department of Management Services, Division of State Purchasing, invites interested Bidders to submit proposals in accordance with these solicitation documents. The purpose of this solicitation is to establish a forty-eight (48) month State Term Contract with the option for renewals per section 287.057 (14)(a.) for the purchase of Mainframe Software. The contract term is anticipated to begin on or about April 20, 2009. The State’s MyFloridaMarketPlace e-Procurement system (the “System”) will be used to conduct this competitive event.
Purpose Term. This Agreement sets forth the terms and conditions under which Service Provider agrees to license certain hosted “software as a service” and provide all other services, data import/export, monitoring, support, backup and recovery, change management, technology upgrades, and training necessary for Customer’s productive use of such software (the “Services”), as further set forth in one or more attachments to Exhibit A (each of which is sequentially numbered (i.e. A.1, A.2, A.3 and so on) and is substantially in the form of Attachment A.1 to the Exhibit A).
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Purpose Term. Section 2.1.Purpose. (a) The purpose of the Company is, to (i) directly or indirectly, acquire, own, hold, finance and sell the Assets, and in connection therewith, to sell, assign, transfer, manage, develop, operate, lease, hypothecate, pledge or otherwise deal with all or any part of the Assets, (ii) own and hold one hundred percent (100%) of the direct or indirect membership, partnership or other interests in the Subsidiary Companies (the “Subsidiary Interests”), and in connection therewith, to sell, assign, transfer, operate, lease, hypothecate, pledge or otherwise deal with such Subsidiary Interests, and (iii) act as the member, managing member, partner, manager or stockholder of the Subsidiary Companies (as applicable) and in connection therewith cause the Subsidiary Companies to assign, transfer, operate, manage, hypothecate, pledge, sell and otherwise deal with the Subsidiary Company Assets (including, without limitation, the Property) owned by such Subsidiary Company. In furtherance of the foregoing purposes and businesses, the Company, and the Manager on behalf of the Company, shall have and exercise all of the powers now or hereafter conferred under the laws of the State of Delaware on limited liability companies formed under such laws and may do any and all things necessary or incidental to such purposes or businesses.
Purpose Term. 1.1 The purpose of this Agreement is to provide the terms and conditions under which persons arrested by the Forest Hill Police, Mansfield Police, a Mansfield Affiliate, or Xxxxxxx Police may be detained and housed at the Facility as well as the respective responsibilities of the Parties relating to the provision of Jail Services. Further, the Recitals set forth above are true and correct and incorporated herein. 1.2 The initial term of this Agreement during which Jail Services will be provided as described herein shall commence on December 28, 2022, as to Mansfield (including the Mansfield Affiliates) and Everman (the “Commencement Date”) and on January 17, 2023, as to Forest Hill (the “Forest Hill Commencement Date”), and shall terminate on September 30, 2024 (“Primary Term”), unless terminated earlier or extended in accordance with this Agreement. Upon the completion of the Primary Term, if construction is not completed on Mansfield’s new jail facility, the Primary Term of this Agreement may be extended, by mutual written agreement of the Parties, for one additional term of six (6) months (“Primary Term Extension”). At the conclusion of the Primary Term or, if applicable, the Primary Term Extension, this Agreement shall terminate as to Mansfield (including all Mansfield Affiliates) and shall renew as between Everman and Forest Hill only for one (1) additional period which shall have an expiration date of September 30, 2034 (the “Renewal Term”) unless terminated earlier in accordance with this Agreement. The Primary Term, any Primary Term Extension, and Renewal Term are collectively referred to herein as the “Term” or “the Term of this Agreement.”
Purpose Term. This Agreement is intended to set forth the roles Broker and Xxxx with respect to Client’s trading through Broker on Xxxx’x PaaS DMA Platform (the “Platform”), including Broker’s risk management controls over Client’s use of the Platform with respect to trading through Broker. This Agreement is not a part of Client’s license with Xxxx nor Client’s account agreements with Broker, and neither Xxxx nor Broker shall be deemed a third-party beneficiary of, nor have any obligations to the other party hereto under the other’s agreement with Client, except to the extent expressly set forth in any such other agreement. The term of each Broker Framework Agreement shall be for the period during which a Client has the ability to enter live trades through the Platform.
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