Reciprocal Agreements Sample Clauses

A Reciprocal Agreements clause establishes that both parties to a contract agree to provide similar or equivalent benefits, obligations, or concessions to each other. In practice, this means that if one party grants a right, waives a fee, or provides a service, the other party is expected to do the same under comparable circumstances. For example, if two companies agree to share proprietary information, a reciprocal agreement would require both to protect each other's information equally. The core function of this clause is to ensure fairness and mutuality in the contractual relationship, preventing one-sided advantages and promoting balanced cooperation.
Reciprocal Agreements. For Members of Local 514 resident in Québec who have chosen alternative benefit coverage, an additional percentage from each Member will be deducted from gross wages and shall be remitted weekly to the c/o AQTIS
Reciprocal Agreements. (a) No Loan Party is currently in default in any respect (nor has any notice been given or received with respect to an alleged or current default) under any of the terms and conditions of any REA, and each REA remains unmodified and in full force and effect except where such default, modification or failure to be in full force and effect could not reasonably be expected to cause a Material Property Event. (b) All sums due and owing by any Loan Party to the other parties to each REA (or by the other parties to each REA to any Loan Party) pursuant to the terms of such REA, have been paid, are current, and no lien has attached on any Collateral Property (or threat thereof been made) for failure to pay any of the foregoing except where such failure could not reasonably be expected to cause a Material Property Event.
Reciprocal Agreements. A board may enter into a reciprocal agreement with a licensing authority of another state for the purpose of recognizing licenses issued by the other state, provided that such licensing authority imposes licensure requirements substantially equivalent to those imposed in this state. The board may establish by rule the conditions for the recognition of such licenses and the process for licensing such individuals to practice in this state.
Reciprocal Agreements. ‌ Any paid-up member of the ACTRA Performers Guild, Actors’ Equity Association (AEA) or Union des artistes (UDA) shall be subject to the terms of the applicable reciprocal agreement between Equity and ACTRA, or between Equity and UDA, or between Equity and AEA, provided such agreement is not in conflict with this Agreement.
Reciprocal Agreements. (a) After the Closing, Purchaser agrees that if, at any time during Purchaser's ownership of the sites listed on Schedule 10.4 hereto (the ------------- "Reciprocal Sites"), Purchaser receives a bona fide offer to lease such sites from a third party other than the party (the "Reciprocal Party") whose name is set forth opposite such Reciprocal Site on Schedule 10.4, Purchaser shall ------------- promptly provide the Triton Entities with a copy of any such offer and the Triton Entities shall provide the offer to the Reciprocal Party. The Reciprocal Party shall have thirty (30) days after its receipt of the offer to agree in writing to lease the Reciprocal Site at the rental rate set forth on Schedule -------- 10.4, and upon such other terms and conditions as Purchaser reasonably requests. ---- (b) During Purchaser's ownership of the Sites, Purchaser shall also cooperate in good faith to make available to Virginia Cellular Limited Partnership by GTE Wireless of the South, Inc., up to four (4) lease locations, based on availability at the Sites, at a rental rate of $12,000 per year per lease location. In addition, during Purchaser's ownership of the Sites, Purchaser agrees to cooperate in good faith to make available to prospective lessees identified by the Triton Entities to Purchaser, up to 25 lease locations, based on availability at the Sites, at a rental rate of $1500 per month per lease location.
Reciprocal Agreements. (a) At all times during the Renewal Term, MNH, Rutgers and Rutgers Enhanced, and any other person affiliated with any of them or AEG, severally agree not to solicit or offer renewals to any holder of an In Force Policy or any Mutual Replacement Policy, nor shall they solicit or market to any of Mutual’s insurance agents or producers for the purpose of inducing the agents or producers to place such In Force Policy or Mutual Replacement Policy with any insurer other than Mutual. (b) Subject to Paragraph 4(c), from the effective date of the Merger and at all times during the Renewal Term, MNH, Rutgers and Rutgers Enhanced, and any other person affiliated with any of them or AEG, severally agree not to (i) solicit any of Mutual’s then existing Traditional Insurance Business from any of Mutual’s agents or producers, or (ii) solicit or offer to any of their insurance agents or Final Document producers to place with any insurer other than Mutual any new insurance coverage that meets the definition of Traditional Insurance Business that is then currently written by Mutual. (c) Notwithstanding anything in this Agreement to the contrary, MNH, Rutgers and Rutgers Enhanced may, during the Renewal Term and thereafter: (i) Solicit business from independent agents or producers who have not written new Traditional Insurance Business with Mutual or MNH during the twelve (12) months ending on the Renewal Effective Date; and (ii) Solicit business from independent agents or producers who have not had initial production of Traditional Insurance Business for Mutual in any period of twelve (12) consecutive months ending after the Renewal Effective Date; and (iii) Solicit any class of business from independent agents or producers who have been appointed by Mutual , pursuant to Section 8(d), as agents or producers of only Merchants Mutual or Preferred and not MNH; and (iv) Solicit business from any agents or producers in which the primary location of the risk to be insured is located in the five (5) New York State counties of Bronx, Queens, Kings, New York and Richmond, and Final Document (v) Solicit business anywhere from any agents or producers of the following classes of risk: 1. bar and taverns, that is establishments at which liquor sales are more than 50% of total sales; 2. contractors with less than three years of experience in their trade in the construction and renovation business, and contractors which subcontract more than 50% of their work, based on gross revenue; 3. p...
Reciprocal Agreements. The ▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇ Public Library's local interlibrary loan policies are in conformance with the policies established in the ILLINET Interlibrary Loan Code (see attached) for the state of Illinois. This state code is considered a part of our local ILL policy. The library has adopted additional policies which complement and expand upon the state code. The library also complies with any policies and protocol developed by OCLC and RAILS (Reaching Across Illinois Library System).
Reciprocal Agreements. For pur- poses of the exclusion for a no-addi- tional-cost service, any service pro- vided by an employer to an employee of another employer shall be treated as provided by the employer of such em- ployee if all of the following require- ments are satisfied: (1) The service is provided pursuant to a written reciprocal agreement be- tween the employers under which a group of employees of each employer, all of whom perform substantial serv- ices in the same line of business, may receive no-additional-cost services from the other employer; (2) The service provided pursuant to the agreement to the employees of both employers is the same type of service provided by the employers to customers both in the line of business in which the employees perform sub- stantial services and the line of busi- ness in which the service is provided to customers; and (3) Neither employer incurs substan- tial additional cost (including forgone revenue) in providing the service to the employees of the other employer or pursuant to the agreement. If one employer receives a substantial payment from the other employer with respect to the reciprocal agreement, the paying employer will be considered to have incurred a substantial addi- tional cost pursuant to the agreement. [T.D. 8063, 50 FR 52298, Dec. 23, 1985, as amended by T.D. 8256, 54 FR 28600, July 6, 1989] § 1. 132–3 Qualified employee dis- counts. (a) In general—(1) Definition. Gross in- come does not include the value of a qualified employee discount. A ‘‘quali- fied employee discount’’ is any em- ployee discount with respect to quali- fied property or services provided by an employer to an employee for use by the employee to the extent the discount does not exceed— (i) The gross profit percentage multi- plied by the price at which the prop- erty is offered to customers in the ordi- nary course of the employer’s line of business, for discounts on property, or (ii) Twenty percent of the price at which the service is offered to cus- tomers, for discounts on services.
Reciprocal Agreements. In furtherance of the Business Relationship, Antero will provide Veritec with a non-transferable, perpetual, exclusive right to use the Antero SVS and any supporting documentation as further set forth in the License Agreement, which is attached hereto as Exhibit A, in exchange Veritec will engage Antero under its Independent Sales Organization (“ISO”) and Processor Agreement with First California Bank (“FCB”) and Visa, as a strategic partner of Veritec as further set forth in the ISO/Processor Agreement, which is attached hereto as Exhibit B (collectively the License Agreement and the ISO/ Processor Agreement shall be referred to herein as the “Reciprocal Agreements”). Except for the payment of the Fee set forth herein, Veritec and Antero understand and agree to work out a fair and comparable arrangement with regards to the cost difference associated with the consideration provided by each of the Reciprocal Agreements; however, neither Party wishes to pay such cost difference upfront. Notwithstanding the foregoing, Antero currently has in place, and the same shall be excluded from the exclusivity provided hereunder, the following programs InforServ/Secopay, Refpay, GTP, Antero and FIS.
Reciprocal Agreements. The employer will guarantee that a reciproc al agreement between the pension plans of Inergi LP and NHSS will be in place prior to the implemen tation of Item 43.3