QUALITY INDUSTRIAL CORP Sample Clauses

QUALITY INDUSTRIAL CORP a Nevada corporation established under the laws of the State of Nevada, United States of America, with company IRS employer identification number XX-XXXXXX, and whose address is at 300 Xxxxxxxxxx Xxxxxx, San Francisco, 94104 California, United States of America (hereinafter referred to as the “QIND”, which expression shall include its successor-in-title and permitted assigns),
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QUALITY INDUSTRIAL CORP a Nevada corporation established under the laws of the State of Nevada with company IRS Employer identification number 30-0000000 addressed at 300 Xxxxxxxxxx Xxxxxx, San Francisco, 94104 California, USA having Jxxx-Xxxx Xxxxxxxx as the authorized representative and signatory for and on behalf of the company (hereinafter referred to as “First Party” or the “Purchaser”).
QUALITY INDUSTRIAL CORP. Address: By: /s/ Xxxx-Xxxx Xxxxxxxx Name: Xxxx-Xxxx Xxxxxxxx Title: CEO 27th March 2024 SELLER: AL Shola Al Modea Gas Distribution LLC Address: By: /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Title: CEO 27th March 2024 Basis of Valuation (Including planned investments in this agreement) Xx Xxxxx Gas 2022 2023 Amount in usd Business valuation working Actual* Actual* 2024 FC 2025 FC 2026 FC 2027 FC Sales $ 8,875,433 $ 10,839,209 $ 15,206,100 $ 18,754,190 $ 24,329,760 $ 29,398,460 Cost of sales $ 5,996,456 $ 6,848,289 $ 9,883,965 $ 11,252,514 $ 14,111,261 $ 17,051,107 Gross Profit $ 2,878,977 $ 3,990,920 $ 5,322,135 $ 7,501,676 $ 10,218,499 $ 12,347,353 Operating expenses $ 1,779,294 $ 2,198,830 $ 2,585,037 $ 3,938,380 $ 4,865,952 $ 5,585,707 Net Profit $ 1,099,683 $ 1,792,090 $ 2,737,098 $ 3,563,296 $ 5,352,547 $ 6,761,646 * Unaudited

Related to QUALITY INDUSTRIAL CORP

  • Environmental, Health and Safety Matters (a) The Company has complied and is in compliance with all Environmental, Health, and Safety Requirements.

  • Environmental, Health and Safety The Policy Board shall review, approve and monitor environmental and workplace health and safety guidelines, the goal of which is to achieve compliance with current national, state and local laws and regulations regarding environmental and workplace health and safety.

  • Environmental, Health and Safety Laws There does not exist any violation by the Borrower or any Subsidiary of any applicable federal, state or local law, rule or regulation or order of any government, governmental department, board, agency or other instrumentality relating to environmental, pollution, health or safety matters which will or threatens to impose a material liability on the Borrower or a Subsidiary or which would require a material expenditure by the Borrower or such Subsidiary to cure. Neither the Borrower nor any Subsidiary has received any notice to the effect that any part of its operations or properties is not in material compliance with any such law, rule, regulation or order or notice that it or its property is the subject of any governmental investigation evaluating whether any remedial action is needed to respond to any release of any toxic or hazardous waste or substance into the environment, the consequences of which non-compliance or remedial action could constitute an Adverse Event.

  • General Compliance This Agreement is intended to comply with Section 409A or an exemption thereunder and shall be construed and administered in accordance with Section 409A. Notwithstanding any other provision of this Agreement, payments provided under this Agreement may only be made upon an event and in a manner that complies with Section 409A or an applicable exemption. Any payments under this Agreement that may be excluded from Section 409A either as separation pay due to an involuntary separation from service or as a short-term deferral shall be excluded from Section 409A to the maximum extent possible. For purposes of Section 409A, each installment payment provided under this Agreement shall be treated as a separate payment. Any payments to be made under this Agreement upon a termination of employment shall only be made upon a “separation from service” under Section 409A. Notwithstanding the foregoing, the Company makes no representations that the payments and benefits provided under this Agreement comply with Section 409A, and in no event shall the Company be liable for all or any portion of any taxes, penalties, interest, or other expenses that may be incurred by the Executive on account of non-compliance with Section 409A.

  • Environmental and Safety Matters Except as disclosed in Schedule 4.13:

  • Quality Specifications SANMINA-SCI shall comply with the quality specifications set forth in its Quality Manual, incorporated by reference herein, a copy of which is available from SANMINA-SCI upon request.

  • Quality Standards Each Party agrees that the nature and quality of its products and services supplied in connection with the other Party's Marks will conform to quality standards set by the other Party. Each Party agrees to supply the other Party, upon request, with a reasonable number of samples of any Materials publicly disseminated by such Party which utilize the other Party's Marks. Each Party will comply with all applicable laws, regulations, and customs and obtain any required government approvals pertaining to use of the other Party's marks.

  • Quality Service Standards/NAV Errors Price Associates and the Fund may, from time to time, agree to certain quality service standards, with respect to the Services hereunder. In the event Price Associates is the party responsible for causing an error in the computation of the net asset value for a Fund or share class of a Fund (“NAV Error”), the actions that are required to be taken as to such NAV Error shall be made in accordance with the Fund’s Net Asset Value Error Correction Policy and Procedures (“NAV Error Policy”) attached hereto as Schedule II.

  • Landlord and Storage Agreements Upon request, provide Agent with copies of all existing agreements, and promptly after execution thereof provide Agent with copies of all future agreements, between an Obligor and any landlord, warehouseman, processor, shipper, bailee or other Person that owns any premises at which any Collateral may be kept or that otherwise may possess or handle any Collateral.

  • XXXXEAS Employer is engaged in the telephone and telecommunication installation and service, and manufacture sale and installation of highway signs and traffic control products.

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