SALIENT TERMS OF THE SUPPLEMENTAL AGREEMENT Sample Clauses

SALIENT TERMS OF THE SUPPLEMENTAL AGREEMENT. The salient terms of the Supplemental Agreement include, amongst others, the following:-
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SALIENT TERMS OF THE SUPPLEMENTAL AGREEMENT. (a) Sale and Purchase of Sale Shares The Company shall purchase up to ninety percent. (90%) of the entire issued and paid-up capital of Mopie BVI Limited (the “Sale Shares”), a private limited liability company established in accordance with the laws of the British Virgin Islands (“Mopie BVI”) as the holding company of Luckybull. Pursuant to a share exchange agreement entered into between Mopie Technology Limited and Luckybull on or around 6 December 2007 (“Share Exchange Agreement”), Mopie BVI shall own the entire issued and paid-up capital of Luckybull.
SALIENT TERMS OF THE SUPPLEMENTAL AGREEMENT. The salient revision and amendment to the terms of the Shareholders Agreement include, amongst others, the following:
SALIENT TERMS OF THE SUPPLEMENTAL AGREEMENT. The salient terms and conditions of the Supplemental Agreement, amongst others, are set out as follows:- a. The purpose of the Upgrading Project is to ensure that the effluent quality standards meet the required standards of “Discharge standard of pollutants for municipal wastewater treatment plant (GB18918-2002)” (“the Standard”), of Class 1A (from Class 1B currently). b. Upon the completion of the Upgrading Project, the wastewater treatment capability shall increase from 40,000m3 per day to 52,000m3 per day. c. SCSW will be responsible for all the processes required for the implementation of the Upgrading Project i.e. environmental impact assessment, bidding, construction and etc. SCSW is required to fulfill all the responsibilities and obligations stated in the Supplemental Agreement in order to continue to enjoy the benefits of the TOT Agreement. d. The Upgrading Project is expected to be completed before 31 May 2013 and meets the Class 1A of the Standard as required by the Weifang Environmental Bureau. e. The Upgrading Project will not affect the duration of the existing TOT Agreement. The TOT has a concession period of 30 years. f. With retrospective 1 January 2012, the wastewater treatment service fee is increased from RMB0.80 per m3 to RMB1.16 per m3. The difference arising therefrom shall be payable by PGCC to SCSW before 30 June 2013. Upon the effluent quality standards meeting Class 1A of the Standard, the wastewater treatment service fee shall be increased from RMB1.16 per m3 to RMB1.84 per m3. g. The total investment cost of the Upgrading Project is approximately RMB22,950,000 (equivalent to approximately RM11.3 million).
SALIENT TERMS OF THE SUPPLEMENTAL AGREEMENT. The salient terms of the Supplemental Agreement are as follows: (i) Unless otherwise agreed between the Parties, the costs and expenses incurred by RPG Logistics to perform the services as stipulated in Schedule 1 of the JOA (which includes transportation of nickel such as barging, supervision of mining operations, provision of mining equipment and provision of mining services (“Services”)) shall be borne by PT Prima; (ii) PT Prima acknowledges and agrees that as at 31 December 2019, RPG Logistics has incurred the sum of approximately US$1.26 million to perform the Services, and this sum is fully recoverable from PT Prima; (iii) The Parties agree that the calculation basis of the Royalty shall be reviewed in good faith in July 2020 or such further time to be agreed between them, with any adjustments to be made by mutual agreement; and (iv) RPG Logistics has the right to review the Supplemental Agreement from time to time, and to make the necessary amendments to its terms and conditions. Except to the extent that the JOA is expressly amended or supplemented by the terms of the Supplemental Agreement, all terms and conditions of the JOA shall remain in full force and effect and be applicable in all respects.
SALIENT TERMS OF THE SUPPLEMENTAL AGREEMENT 

Related to SALIENT TERMS OF THE SUPPLEMENTAL AGREEMENT

  • Sales and Supplemental Agreements The terms of the specific TIPS order, including but not limited to: shipping, freight, insurance, delivery, fees, bonding, cost, delivery expectations and location, returns, refunds, terms, conditions, cancellations, order assistance, etc., shall be controlled by the purchase agreement (Purchase Order, Contract, Invoice, etc.) (hereinafter “Supplemental Agreement”) entered into between the TIPS Member Customer and Vendor only. TIPS is not a party to any Supplemental Agreement. All Supplemental Agreements shall include Vendor’s Name, as known to TIPS, and TIPS Contract Name and Number. Vendor accepts and understands that TIPS is not a legal party to TIPS Sales and Vendor is solely responsible for identifying fraud, mistakes, unacceptable terms, or misrepresentations for the specific order prior to accepting. Vendor agrees that any order issued from a customer to Vendor, even when processed through TIPS, constitutes a legal contract between the customer and Vendor only. When Vendor accepts or fulfills an order, even when processed through TIPS, Vendor is representing that Vendor has carefully reviewed the order for legality, authenticity, and accuracy and TIPS shall not be liable or responsible for the same. In the event of a conflict between the terms of this TIPS Vendor Agreement and those contained in any Supplemental Agreement, the provisions set forth herein shall control unless otherwise agreed to and authorized by the Parties in writing within the Supplemental Agreement.

  • TIPS Sales and Supplemental Agreements If awarded, when making a sale under this awarded contract, the terms of the specific TIPS order, including but not limited to: shipping, freight, insurance, delivery, fees, bonding, cost, delivery expectations and location, returns, refunds, terms, conditions, cancellations, defects, order assistance, etc., shall be controlled by the purchase agreement (Purchase Order, Contract, AIA Contract, Invoice, etc.) (“Supplemental Agreement” as used herein) entered into between the TIPS Member Customer and Vendor only. TIPS is not a party to any Supplemental Agreement. All Supplemental Agreements shall include Vendor’s Name, as known to TIPS, and TIPS Contract Name and Number. Vendor accepts and understands that TIPS is not a legal party to TIPS Sales and Vendor is solely responsible for identifying fraud, mistakes, unacceptable terms, or misrepresentations for the specific order prior to accepting. Vendor agrees that any order issued from a customer to Vendor, even when processed through TIPS, constitutes a legal contract between the customer and Vendor only. When Vendor accepts or fulfills an order, even when processed through TIPS, Vendor is representing that Vendor has carefully reviewed the order for legality, authenticity, and accuracy and TIPS shall not be liable or responsible for the same. In the event of a conflict between the terms of this TIPS Vendor Agreement and those contained in any Supplemental Agreement, the provisions set forth herein shall control unless otherwise agreed to and authorized by the Parties in writing within the Supplemental Agreement. The Supplemental Agreement shall dictate the scope of services, the project delivery expectations, the scheduling of projects and milestones, the support requirements, and all other terms applicable to the specific sale(s) between the Vendor and the TIPS Member.

  • Amendment Terms All revisions to this Agreement may only be made by written amendment executed by both parties and approved by the Office of the Attorney General prior to the end date of this Agreement.

  • Terms of the Purchase Agreement The terms of the Purchase Agreement, including, but not limited to, the representations, warranties, covenants, agreements and indemnities relating to the Assigned Contracts are incorporated herein by this reference. The parties hereto acknowledge and agree that the representations, warranties, covenants, agreements and indemnities contained in the Purchase Agreement shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of any conflict or inconsistency between the terms of the Purchase Agreement and the terms hereof, the terms of the Purchase Agreement shall govern.

  • Supplemental Agreement If the State finds that the work does constitute additional work, the State shall so advise the Engineer and a written supplemental agreement will be executed as provided in General Provisions, Article 6,

  • Supplemental Agreements The TIPS Member entity participating in the TIPS Agreement and awarded Vendor may enter into a separate Supplemental Agreement or contract to further define the level of service requirements over and above the minimum defined in this Agreement such as but not limited to, invoice requirements, ordering requirements, specialized delivery, etc. Any Supplemental Agreement or contract developed as a result of this Agreement is exclusively between the TIPS Member entity customer and the Vendor. TIPS, its agents, TIPS Members and employees not a party to the Supplemental Agreement with the TIPS Member customer, shall not be made party to any claim for breach of such agreement unless named and agreed by the Party in question in writing in the agreement. If a Vendor submitting a Proposal requires TIPS and/or TIPS Member to sign an additional agreement, those agreements shall comply with the award made by TIPS to the Vendor. Supplemental Vendor’s Agreement documents may not become part of TIPS’ Agreement with Vendor unless and until an authorized representative of TIPS reviews and approves it. TIPS review and approval may be at any time during the life of this Vendor Agreement. TIPS permits TIPS Members to negotiate additional terms and conditions with the Vendor for the provision of goods or services under the Vendor’s TIPS Agreement so long as they do not materially conflict with this Agreement. All applicable sales, leases, Supplemental Agreements, contracts, software license agreements, warranties or service agreements that were entered into between Vendor and TIPS or the TIPS Member Customer under the terms and conditions of this Agreement shall survive the expiration or termination of this Agreement. All Orders, Purchase Orders issued or contracts executed by TIPS or a TIPS Member and accepted by the Vendor prior to the expiration or termination of this agreement, shall survive expiration or termination of the Agreement, subject to previously agreed terms and conditions agreed by the parties or as otherwise specified herein relating to termination of this agreement.

  • Execution of Supplemental Agreements In executing, or accepting the additional agencies created by, any supplemental agreement permitted by this Article or the modifications thereby of the agencies created by this Agreement, the Agent shall be entitled to receive and (subject to Section 7.1) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such supplemental agreement is authorized or permitted by this Agreement. The Agent may, but shall not be obligated to, enter into any such supplemental agreement which affects the Agent's own rights, duties or immunities under this Agreement or otherwise.

  • Supplementary Agreement The parties stipulate and agree that the escrow provisions in this Section 6(b) (Escrow Establishment) of Attachment B (Facility Owned by Seller) and the Source Code Escrow Agreement and Proceeds Escrow Agreement are "supplementary agreements" as contemplated in Section 365(n)(1)(B) of the Code. In any voluntary or involuntary bankruptcy proceeding involving Seller, failure by Company to assert its rights to "retain its rights" to the intellectual property encompassed by the Source Code or the funds in the Proceeds Escrow, pursuant to Section 365(n)(1)(B) of the Code, under an executory contract rejected in a bankruptcy proceeding, shall not be construed as an election to terminate the contract by Company under Section 365(n)(1)(A) of the Code.

  • Amendment of Terms a) In accordance with the School Boards Collective Bargaining Act, the central terms of this agreement, excepting term, may be amended at any time during the life of the agreement upon mutual consent of the central parties and agreement of the Crown.

  • Indemnity for Underlying Sales and Supplemental Agreements Vendor shall be solely responsible for any customer claims or any disputes arising out of TIPS Sales or any Supplemental Agreement as if sold in the open-market. The Parties agree that TIPS shall not be liable for any claims arising out of Vendor’s TIPS Sales or Supplemental Agreements, including but not limited to: allegations of product defect or insufficiency, allegations of service defect or insufficiency, allegations regarding delivery defect or insufficiency, allegations of fraud or misrepresentation, allegations regarding pricing or amounts owed for TIPS sales, and/or allegations regarding payment, over-payment, under-payment, or non-payment for TIPS Sales. Payment/Drafting, overpayment/over-drafting, under- payment/under-drafting, or non-payment for TIPS Sales between customer and Vendor and inspections, rejections, or acceptance of such purchases shall be the exclusive respective obligations of Vendor/Customer, and disputes shall be handled in accordance with the terms of the underlying Supplemental Agreement(s) entered into between Vendor and Customer. Vendor acknowledges that TIPS is not a dealer, subcontractor, agent, or reseller of Vendor’s goods and services and shall not be responsible for any claims arising out of alleged insufficiencies or defects in Vendor’s goods and services, should any arise.

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