SANCTION LETTER Sample Clauses

SANCTION LETTER. The Sanction letter allowing the facility shall be read in conjunction with the provisions of this Agreement and in the event of any inconsistency in the terms of the aforesaid sanction letter vis-à-vis the credit facility agreement, the terms mentioned in the sanction letter will prevail for all intents and purposes.
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SANCTION LETTER. The Borrower(s) hereby agree and confirm that they have read and understood the terms and conditions of the Sanction Letter and undertake to comply with each and every term, condition, covenants and stipulation contained in the Sanction Letter. The Sanction Letter annexed herewith as Annexure A, forms an integral part of this Agreement and unless the contrary intention appears, any reference to this “Agreement” shall include the Sanction Letter.
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SANCTION LETTER. The Sanction Letter (SL) by the bank on its Letter Head specifying the Financial Facilities sanctioned to the CLIENT. It contains the type of facility, limits sanctioned to the Borrower w.r.t. Inventory Funding, CC, OD, TL, BG, LC etc, Rate of Interest, mode of repayment , penalties, processing fees, Security etc. • The SL must be duly signed and accepted by the Authorised Signatory of the Borrower. All the pages of the SL to be signed and rubber stamped accordingly (wherever applicable) by the Borrower. The date of acceptance of the sanction letter to be filled in by the Borrower.
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SANCTION LETTER. The Borrower agrees and confirms the terms and conditions of the Sanction Letter of the Bank should be in addition and be read in conjunction with this Agreement.
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SANCTION LETTER. Notwithstanding anything contained herein, the sanction letter dated [●] attached as Schedule II hereto, as amended from time to time ("Sanction Letter") shall form an integral part of this Agreement as if it were set out expressly herein and shall be read in conjunction with the terms of this Agreement and in the event of express conflict between the contents of the Sanction Letter with the contents herein, the contents of the former shall prevail to the extent of the said conflict. For sake of clarity, the Company acknowledges, agrees and confirms that any breach of terms and conditions of the Sanction Letter shall be construed as a breach of this Agreement.
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Related to SANCTION LETTER

  • Sanctions A. That HHSC may apply, at its discretion, sanctions if the Contractor fails to comply with any provision of the Contract, including:

  • Vendor Certification of Criminal History Texas Education Code Chapter 22 8 Texas Education Code Chapter 22 requires entities that contract with school districts to provide services to obtain criminal history record information regarding covered employees. Contractors must certify to the district that they have complied. Covered employees with disqualifying criminal histories are prohibited from serving at a school district pursuant to this law. DEFINITIONS Covered employees: Employees of a contractor or subcontractor who have or will have continuing duties related to the service to be performed at the District and have or will have direct contact with students. The District will be the final arbiter of what constitutes direct contact with students. Disqualifying criminal history: Any conviction or other criminal history information designated by the District, or one of the following offenses, if at the time of the offense, the victim was under 18 or enrolled in a public school: (a) a felony offense under Title 5, Texas Penal Code; (b) an offense for which a defendant is required to register as a sex offender under Chapter 62, Texas Code of Criminal Procedure; or (c) an equivalent offense under federal law or the laws of another state. Vendor certifies: NONE (Section A): None of the employees of Vendor and any subcontractors are covered employees, as defined above. If this box is checked, I further certify that Contractor has taken precautions or imposed conditions to ensure that the employees of Vendor and any subcontractor will not become covered employees. Contractor will maintain these precautions or conditions throughout the time the contracted services are provided under this procurement. OR SOME (Section B): Some or all of the employees of Vendor and any subcontractor are covered employees. If this box is checked, I further certify that: (1) Vendor has obtained all required criminal history record information regarding its covered employees. None of the covered employees has a disqualifying criminal history; (2) If Vendor receives information that a covered employee subsequently has a reported criminal history, Vendor will immediately remove the covered employee from contract duties and notify the purchasing entity in writing within 3 business days; (3) Upon request, Vendor will provide the purchasing entity with the name and any other requested information of covered employees so that the purchasing entity may obtain criminal history record information on the covered employees; (4) If the purchasing entity objects to the assignment of a covered employee on the basis of the covered employee's criminal history record information, Xxxxxx agrees to discontinue using that covered employee to provide services at the purchasing entity. Which option does Vendor certify? None Certification Regarding "Choice of Law" Terms with TIPS Members Vendor agrees that if any "Choice of Law" provision is included in any sales agreement/contract between Vendor and a TIPS Member, that clause must provide that the "Choice of Law" applicable to the sales agreement/contract between Vendor and TIPS Member shall be the state where the TIPS Member operates unless the TIPS Member expressly agrees otherwise. Any TIPS Sale Supplemental Agreement containing a "Choice of Law" clause that conflicts with these terms is rendered void and unenforceable. If Vendor disagrees, after this solicitation legally closes and TIPS begins evaluating Vendor's file, TIPS will provide Vendor with a draft Word Document version of the Vendor Agreement and will be instructed to include all requested negotiations as redline edits for TIPS consideration. Does Vendor agree? Yes

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