Said Scheme Sample Clauses

Said Scheme. For selling the Units comprised in the Developer’s Allocation and in the Additional Developer’s Allocation, the Developer has adopted a scheme (Said Scheme). The Said Scheme is based on the legal premises that (1) the land contained in the Said Property is owned by the Owners and hence Land Shares therein must be transferred by the Owners, (2) such transfer by the Owners is in consideration of the Developer bearing all costs for the construction of the Owners’ Allocation except the Additional Developer’s Allocation and paying all other consideration to the Owners, (3) consequently, prospective purchaser (Intending Buyers) is nominee of the Developer and would have to pay all consideration for the Land Shares to the Developer and not the Owners, (4) the Units comprised in the Developer’s Allocation belong to the Developer as they have been constructed by the Developer at the Developer’s own cost and hence they shall be transferred by the Developer, (5) to give perfect title to the Intending Buyers, the Owners and the Developer should jointly enter into agreement with the Intending Buyers where under the Owners (accepting the Intending Buyers to be nominee of the Developer) would agree to sell Land Shares to the Intending Buyers and the Developer would agree to sell Units comprised in the Developer’s Allocation to the Intending Buyers and (6) the consolidated consideration payable by the Intending Buyers (for the Units and the Land Shares) should be received entirely by the Developer.
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Said Scheme. The Promoter formulated a scheme for sale of the Apartments, Commercial units/shops and Parking Spaces (Said Scheme). The Said Scheme is based on the legal premise that (1) the Promoter has got legal title of thesaid Property’ (2) such sale of Apartment and Appurtenances, Commercial units/shops by the Promoter to the Allottees shall be subject to the Allottees paying to the Promoter the agreed Total Price on account therefor as provided hereafter, which include the proportionate costs of installation of Grid Tied Rooftop Solar Panel (3) to give perfect title to the Allottees, the Promoter shall enter into agreement with the Allottees where under the Promoter shall agree to transfer its right in respect of the Said Apartments and Appurtenances to the Allottees and (5) the agreed Total Price payable by the Allottees entirely to the Promoter.
Said Scheme. The Developer formulated a scheme for sale of the Apartments and Parking Spaces (Said Scheme). The Said Scheme is based on the understanding that (1) the Owners own the Said Premises (2) the Owners have appointed the Developer to develop the Said Premises conditional to the Developer bearing all costs for the construction of the Said Complex (3) the Buyers shall pay the consideration for the Said Apartment And Appurtenances to the Developer out of which the Developer shall makeover the Owners’ Share in the Consideration to the Owners, as envisaged in the Development Agreement (4) since the Developer has been authorized to implement the Said Scheme and (5) to give perfect title to the Buyers, the Owners and the Developer shall jointly enter into agreement with the Buyers.
Said Scheme. The Promoter has formulated a scheme for sale/transfer of the residential apartments, commercial units/shops and parking spaces (Said Scheme). The Said Scheme is based on the legal premise that (1) the Promoter has got legal title to theLarger Property’, (2) such sale/transfer of residential apartments, commercial Units/Shops and parking spaces by the Promoter to the Allottee shall be subject to the Allottee paying to the Promoter the agreed Total Price on account therefore as provided hereinafter, which includes the Extra Charges, (3) to give perfect title to the Allottee, the Promoter shall enter into an agreement with the Allottee where under the Promoter shall agree to convey its right in respect of the Said Apartment and Said Parking Spaces and Commercial Units/Shops to the Allottee and (4) the agreed Total Price which includes the Extra Charges shall be payable by the Allottee entirely to the Promoter.
Said Scheme. For selling the Units comprised in the Owners' Allocation, the Owners have adopted a scheme (Said Scheme). The Said Scheme is based on the legal premises that (1) the land contained in the Said Premises is owned by the Owners and hence, Land Shares therein must be transferred by the Owners on the basis of their individual shares in the Said Premises (2) prospective purchasers (Intending Buyers) are nominees of the Owners and would have to pay all consideration for the Units, Parking Spaces and other saleable spaces comprised in the Owners' Allocation to the Owners and not to the Developer/Confirming Party (3) to give perfect title to the Intending Buyers, the Owners and the Developer/Confirming Party should jointly enter into agreement with the Intending Buyers where under the Owners shall sell the Units, Parking Spaces and other saleable spaces comprised in the Owners' Allocation to the Intending Buyers and the Developer/Confirming Party shall confirm such sale in favour of the Intending Buyers since the same has been constructed by the Developer/Confirming Party at the Developer's cost and (4) the consolidated consideration payable by the Intending Buyers (for the Units and the Land Shares) should be received entirely by the Owners.
Said Scheme. For selling the Flats comprised in the Developer’s Allocation, the Developer has adopted a scheme (Said Scheme). The Said Scheme is based on the legal premises that (1) the land contained in the Said Premises is owned by the Owners and hence Land Shares therein must be transferred by the Owners, (2) such transfer by the Owners is in consideration of the Developer bearing all costs for the construction of the Owners’ Allocation and paying all other consideration to the Owners, (3) consequently, prospective purchasers (Intending Buyers) are nominees of the Developer and would have to pay all consideration for the Land Shares to the Developer and not the Owners,
Said Scheme. The Transferor formulated a scheme for transfer of the Apartments, Commercial units/shops and Parking Spaces (Said Scheme). The Said Scheme is based on the legal premise that (1) the Transferor has got leasehold interest in the Said Property and hence such leasehold interest in the Apartments and Appurtenances shall be transferred in favour of the Transferees for the residue of the unexpired period of 99 (ninety-nine) years under the Said Deed together with option for renewal thereof for a further term of 99 (ninety-nine) years (2) such transfer of Apartment and Appurtenances, by the Transferor to the Transferees shall be subject to the Transferee paying to the Transferor the agreed Total Price on account therefor as provided hereafter, which include the proportionate costs of installation of Grid Tied Rooftop Solar Panel (3) to give perfect title to the Transferees, the Transferor shall enter into agreement with the Transferees where under the Transferor shall agree to transfer its leasehold right in respect of the Said Apartments and Appurtenances to the Transferees and (5) the agreed Total Price payable by the Transferees entirely to the Transferor.
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Related to Said Scheme

  • CENTRAL LABOUR RELATIONS COMMITTEE C4.1 OPSBA, the Crown and OSSTF agree to establish a joint Central Labour Relations Committee to promote and facilitate communication between rounds of bargaining on issues of joint interest.

  • Central Bargaining Committee (a) In central bargaining between the Canadian Union of Public Employees and the participating hospitals, an employee serving on the Union's Central Negotiating Committee shall be paid for time lost from his normal straight time working hours at his regular rate of pay and without loss of leave credits for attending central negotiating meetings with the Hospitals' Central Negotiating Committee in direct negotiations up to the point of arbitration. In addition, an employee serving on the Union’s Central Negotiating Committee shall be paid for time lost from his normal straight time working hours at his regular rate of pay and without loss of leave credits for two (2) days of preparation time for such central negotiating meetings with the Hospital’s Central negotiating Committee. Upon reference to arbitration, the Negotiating Committee members shall receive unpaid time off for the purpose of attending arbitration hearings. It is understood and agreed that the maximum number of Union Central Negotiating Committee members entitled to payment under this provision shall be eight (8), and in no case will more than one employee from a hospital be entitled to such payment. The Union shall advise the Hospitals' Central Negotiating Committee, before negotiations commence, of those employees to be paid under this provision. The Hospitals' Central Negotiating Committee shall advise the eight (8) Hospitals accordingly. (b) Vice-Presidents of the Ontario Council of Hospital Unions shall be granted leave of absence by their employers in accordance with (a) above or Article 12.02 as the case may be, in order to fulfil the duties of their position.

  • Organ Transplants This plan covers organ and tissue transplants when ordered by a physician, is medically necessary, and is not an experimental or investigational procedure. Examples of covered transplant services include but are not limited to: heart, heart-lung, lung, liver, small intestine, pancreas, kidney, cornea, small bowel, and bone marrow. Allogenic bone marrow transplant covered healthcare services include medical and surgical services for the matching participant donor and the recipient. However, Human Leukocyte Antigen testing is covered as indicated in the Summary of Medical Benefits. For details see Human Leukocyte Antigen Testing section. This plan covers high dose chemotherapy and radiation services related to autologous bone marrow transplantation to the extent required under R.I. Law § 27-20-60. See Experimental or Investigational Services in Section 3 for additional information. To speak to a representative in our Case Management Department please call 1-401- 000-0000 or 1-888-727-2300 ext. 2273. The national transplant network program is called the Blue Distinction Centers for Transplants. SM For more information about the Blue Distinction Centers for TransplantsSM call our Customer Service Department or visit our website. When the recipient is a covered member under this plan, the following services are also covered: • obtaining donated organs (including removal from a cadaver); • donor medical and surgical expenses related to obtaining the organ that are integral to the harvesting or directly related to the donation and limited to treatment occurring during the same stay as the harvesting and treatment received during standard post- operative care; and • transportation of the organ from donor to the recipient. The amount you pay for transplant services, for the recipient and eligible donor, is based on the type of service.

  • Labour Relations Code The decision of the arbitrator shall be final and binding.

  • Hearing Aids Any active employee who is insured under any one of the 9 District sponsored medical plans may request reimbursement for the costs of 10 hearing aids. The maximum amount of reimbursement shall not exceed one 11 thousand dollars ($1,000) within any three (3) year period. The cost of 12 hardware, fitting tests, and other tests related to the hearing aids purchased 13 shall be included for reimbursement purposes. 14

  • European Monetary Union If, as a result of the implementation of European monetary union, (a) any currency ceases to be lawful currency of the nation issuing the same and is replaced by a European common currency, then any amount payable hereunder by any party hereto in such currency shall instead be payable in the European common currency and the amount so payable shall be determined by translating the amount payable in such currency to such European common currency at the exchange rate recognized by the European Central Bank for the purpose of implementing European monetary union, or (b) any currency and a European common currency are at the same time recognized by the central bank or comparable authority of the nation issuing such currency as lawful currency of such nation, then (i) any Loan made at such time shall be made in such European common currency and (ii) any other amount payable by any party hereto in such currency shall be payable in such currency or in such European common currency (in an amount determined as set forth in clause (a)), at the election of the obligor. Prior to the occurrence of the event or events described in clause (a) or (b) of the preceding sentence, each amount payable hereunder in any currency will continue to be payable only in that currency. The Borrowers agree, at the request of the Required Lenders, at the time of or at any time following the implementation of European monetary union, to enter into an agreement amending this Agreement in such manner as the Required Lenders shall reasonably request in order to avoid any unfair burden or disadvantage resulting from the implementation of such monetary union and to place the parties hereto in the position they would have been in had such monetary union not been implemented, the intent being that neither party will be adversely affected economically as a result of such implementation and that reasonable provisions may be adopted to govern the borrowing, maintenance and repayment of Loans denominated in any Alternative Currency or a European common currency after the occurrence of the event or events described in clause (a) or (b) of the preceding sentence.

  • HEALTH AND WELFARE PLAN 9.01 The Employer shall make available the following or similar benefits as mutually agreed between the Employer and the Union to eligible regular full-time employees (as defined below). The cost of the benefits under Sections 9.07, 9.08, 9.09, 9.10, 9.11, 9.12 and 9.13 below shall be paid one hundred percent (100%) by the Employer. An eligible full-time employee shall be one who has three (3) consecutive months current employment at the effective date of the Plan. Benefits for full-time employees who are laid off will be maintained by the Employer for one half (½) of the employee's recall period as specified in Section 14.04 on the following basis: - B.C. Medical Services Plan (M.S.P.) - Group Life Insurance - Hearing aid, eyeglasses and prescription drug coverage A regular full-time employee who does not have three (3) months' current consecutive full-time service at the effective date of the Plan, or a new employee, shall be eligible the day following the date their current consecutive full-time service reaches three (3) months. 9.02 A regular full-time employee reduced to part-time shall continue to be eligible to participate in the Plan. Full-time employees reducing to below thirty-two (32) hours per week shall receive proportionate Weekly Indemnity benefits. Employees shall return completed enrollment forms as soon as possible. The Employer will only offer benefits after first eligibility test is met. If refused at that time by the employee, further testing is not required. If an employee later wants coverage, it is his or her responsibility to make application to the Employer. If he or she is eligible for coverage, the same rules regarding late enrollment as apply to full- time staff may be imposed. 9.03 The Employer shall also make available the benefits to employees (except students) who work an average of thirty-two (32) hours per week for a period of three (3) consecutive months. Such employees shall receive the same benefits as set out for full-time employees in this Section of the Agreement. 9.04 For the purposes of entitlement and disentitlement, the conditions set out below will apply: A. Employees who average thirty-two (32) hours per week for a three (3) month period will be eligible for all benefits under Section 9 on the first of the month following meeting this requirement. Eligibility verifications will be done each month ending on the last Saturday of the month on a 4, 4, 5 basis, i.e.: if an employee had averaged thirty-two (32) hours per week in the three (3) months prior to April 25, he/she would become eligible for the benefit package on May 1. B. If an employee fails to meet the eligibility test, he/she will continue to be eligible for three (3) months. At that time he/she will be tested again and, if eligible, will continue receiving benefits. If not eligible, will cease receiving benefits. Thereafter at the end of each month, the employee's eligibility will be tested and, as soon as he/she becomes eligible again, benefits will be reinstated. 9.05 The Employer shall also make available: - Medical Services Plan (M.S.P.) - Extended Health Benefit (E.H.B.) - Hearing Aid, Eyeglass, Prescription Drug Plan (H.E.P.) to employees (except students) who work an average of twenty-four (24) hours per week for a period of three (3) consecutive months. For the purposes of entitlement and disentitlement, the hours' tests set out above will apply, but will be based on twenty-four (24) hours instead of thirty-two (32) hours per week. New employees who are covered by the B.C. Medical Services Plan at the date of their employment can elect to maintain their continuity of coverage to be paid as defined above. 9.06 Enrollment of group benefits shall be compulsory at the option of the Employer. The Employer, at his option, may require all enrollment cards to be signed within three (3) months from the date that regular full-time employment commenced. If, under exceptional circumstances, an employee does not sign an enrollment card within three (3) months of employment, he or she may be allowed a further month of grace at the option of the Employer. A period of grace longer than one (1) month may be allowed by the Employer; but, in such cases, a medical examination at the employee's own expense shall be compulsory and a three (3) month penalty period may be imposed.

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  • Trade Union Training Leave Subject to all qualifications in this clause, an employee appointed or elected as an accredited representative of the union to which he/she belongs will, upon application in writing to the Enterprise, be granted up to 5 days leave with pay each calendar year non-cumulative to attend courses conducted or approved by the Union.

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