SCOPE OF STRATEGIC ALLIANCE Sample Clauses

SCOPE OF STRATEGIC ALLIANCE. A. Sunset Mortgage shall continue to originate Mortgage Loans in accordance with its historical practices. Commencing as of January 1, 2004, on a monthly basis, SCI shall provide Sunset Mortgage with one or more pricing sheets ("Pricing Sheets") in which SCI shall provide loan parameters (including loan to value ratio, credit scores and other criteria) applicable to Mortgage Loans and the applicable pricing for such Mortgage Loans. Sunset Mortgage agrees and acknowledges that as to any and all Mortgage Loans originated by Sunset Mortgage or its affiliates that are within the parameters set forth in the applicable Pricing Sheets, SCI shall have a right of first refusal to purchase such Mortgage Loans as set forth herein. B. On a regular basis (but no less frequently than monthly), Sunset Mortgage shall send a written report (a "Mortgage Loan Report") to SCI setting forth in reasonable detail all Mortgage Loans within the parameters set forth in the applicable Pricing Sheets. No later than 2 days following its receipt of a Mortgage Loan Report (the "Initial Election Period"), SCI shall send written notice to Sunset Mortgage specifying the Mortgage Loans set forth in the Mortgage Loan Report that SCI is interested in purchasing (a "Preliminary Purchase Notice"). The Preliminary Purchase Notice shall constitute an offer by SCI to purchase the Mortgage Loans set forth therein at the price set forth in the applicable Pricing Sheets and upon the terms set forth herein. In the event that SCI shall fail to deliver a Preliminary Purchase Notice to Sunset Mortgage prior to the expiration of the Initial Election Period, then Sunset Mortgage may sell the Mortgage Loans set forth in the applicable Mortgage Loan Report to one or more third parties without regard to this Agreement. C. No later than two Business Days after its receipt of a Preliminary Purchase Notice (the "Election Period"), Sunset Mortgage shall elect to sell the Mortgage Loans described in the Preliminary Purchase Notice for the purchase price set forth in the applicable Pricing Sheets (a "Sale Election") or elect to offer the Mortgage Loans to SCI at a higher price than set forth in the applicable Pricing Sheets (a "Repricing Election"). Sunset Mortgage shall make a Sale Election or a Repricing Election by delivery of written notice to SCI during the Election Period. In the event that Sunset Mortgage shall fail to deliver such written notice to SCI prior to the expiration of the Election Period, then Su...
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SCOPE OF STRATEGIC ALLIANCE. ​ The Parties agree to collaborate long-term on the design, development, manufacturing, marketing, selling, and servicing of a proprietary software to be used in ZeroNox products. The purpose of this alliance is to allow full transparency and the free flow of ideas between both Parties in all above mentioned areas in a combined effort for a successful, profitable, and streamlined establishment and enhancement of the “Powered by ZeroNox” brand, with all electric vehicles incorporating the proprietary ZeroNox software. Each Party acknowledges their respective roles as outlined below in Section 2 and agrees to work in good faith for the shared benefit of the collective with ZeroNox exclusively managing the front-end brand with sales and marketing throughout the world globally, and Xxxx principally handling the back-end design of the subject software. ​ It is understood and agreed by all Parties to this Agreement that anything developed for ZeroNox pursuant to this Agreement will belong exclusively to ZeroNox. However, this exclusivity does not apply to any software or systems which Xxxx can demonstrate existed prior to this Agreement, but this exclusivity is intended to apply to any add-ons, widgets, upgrades, adaptations, or improvements made to any pre-existing software or systems, including but not limited to the development of CAN communication to be added to Xxxx’x pre-existing software. ​ In addition, it is understood and agreed that ZeroNox will have exclusive rights for a period of 18 months after the date of this Agreement to use Xxxx’x pre-existing software and/or systems for use in locomotion equipment (including but not limited to forklifts, refuse trucks, and UTVs). These exclusivity rights will expire 18 months after the date of this Agreement, unless a separate buyout or other agreement amending this expiration date is executed beforehand. ​ It is further understood and agreed that in order to develop the proprietary ZeroNox software under this Agreement, Xxxx will need to purchase some off the shelf hardware, for which Xxxx will be reimbursed at cost. In addition, Xxxx will invoice ZeroNox at its reasonable and customary hourly rates to be agreed upon beforehand for the work necessary to develop the proprietary ZeroNox software under this Agreement, including but not limited to the development of CAN communication to be added to Xxxx’x pre-existing software. ​ Additionally, it is understood and agreed that ZeroNox intends to incorporate the pr...
SCOPE OF STRATEGIC ALLIANCE. A. TURBINE will, upon signing of this Agreement, deliver to, a file of milestones (detailed description step by step) for the DCGT project, for the purpose of allowing TIANJIN to learn the progress and schedule of the DCGT to date. B. TURBINE will file for patent protection in China under the PCT (Patent Cooperation Treaty). And the new engine application filed and accepted by the WORLD INTELLECTUAL PROPERTY ORGANIZATION. (WO 2009/073406). C. TURBINE and TIANJIN shall, in good faith, and in a professional manner, work collectively in a friendly manner towards the modification of the DCGT for motorcycle engine applications. D. TIANJIN will commit up to 10 million US dollars over the next 18 months for project development cost and devote all resources available, and work in collaboration with all of TURBINES development partners to aid in Redesign Modifications, Construction, Testing and Integration of a viable DCGT motorcycle engine. E. TIANJIN acknowledges that the DCGT engine is a proprietary design, covered by United States Patents, and being developed by TURBINE under a License Agreement with Alpha Engines. TIANJIN warrants and represents to TURBINE that it will do nothing which will interfere or infringe on the Patents and or the License Agreement. TIANJIN may not use the licensed technology, including any improvements made thereto, in any manner, without the prior written consent of TURBINE under a formal license agreement. F. TIANJIN will purchase up to a 5% stake in TURBINE by acquiring common shares of TURBINE in the open market. G. All core designs shall belong to the Inventor. H. For and in consideration of the execution of this Strategic Alliance and the participation and performance by TIANJIN hereunder, TURBINE and TIANJIN intend to form a joint venture whereby TIANJIN will be licensed to manufacture market and sell the DCGT motorcycle engines in China.
SCOPE OF STRATEGIC ALLIANCE. ​ The Parties agree to collaborate long-term on the design, development, manufacturing, marketing, selling, and servicing of electric vehicles. The purpose of this alliance is to allow full transparency and the free flow of ideas between both Parties in all above mentioned areas in a combined effort for a successful, profitable, and streamlined establishment and enhancement of electric vehicles being labeled “Powered by ZeroNox”. Each Party acknowledges their respective roles as outlined below in Section 2 and agrees to work in good faith for the shared benefit of the collective with ZeroNox exclusively managing the front-end sales and marketing throughout the world globally and the battery package design and production for the electric vehicles, and Dayun principally handling the back-end design and manufacture of the electric vehicles.
SCOPE OF STRATEGIC ALLIANCE. ​ The Parties agree to collaborate long-term on the design, development, manufacturing, marketing, selling, and servicing of electric forklifts. The purpose of this alliance is to allow full transparency and the free flow of ideas between both Parties in all above mentioned areas in a combined effort for a successful, profitable, and streamlined establishment and enhancement of the “PEAK” brand, with all electric vehicles being labeled “Powered by ZeroNox”. Each Party acknowledges their respective roles as outlined below in Section 2 and agrees to work in good faith for the shared benefit of the collective with ZeroNox exclusively managing the front-end brand with sales and marketing throughout the world globally, GoodSense principally handling the back-end design and manufacture of the forklifts, and Progreens together with ZeroNox principally handling the battery package design and production for the forklifts.
SCOPE OF STRATEGIC ALLIANCE. ​ The Parties agree to collaborate long-term on the design, development, manufacturing, marketing, selling, and servicing of electric vehicles. The purpose of this alliance is to allow full transparency and the free flow of ideas between both Parties in all above mentioned areas in a combined effort for a successful, profitable, and streamlined establishment and enhancement of electric vehicles being labeled “Powered by ZeroNox”. Each Party acknowledges their respective roles as outlined below in Section 2 and agrees to work in good faith for the shared benefit of the collective with ZeroNox exclusively managing the front-end sales and marketing throughout the world globally, BAIC together with Ruili principally handling the back-end design and manufacture of the electric vehicles, and Progreens together with ZeroNox principally handling the battery package design and production for the electric vehicles. ​
SCOPE OF STRATEGIC ALLIANCE. A. D&O shall, in a professional manner, take all steps necessary to market and perform its Business Development Programs ("BDP"), solutions and other services (collectively the "D&O Services") for an unlimited variety of strategic ventures, projects and/or clients referred to D&O by EMGL. Any engagement to perform D&O Services shall be on such terms and conditions as D&O may approve in its sole discretion on a case by case basis. D&O will perform, schedule, staff and manage all D&O Services. Notwithstanding the foregoing, EMGL may, at its election, recover the costs for D&O Services through administrative and management fees and/or levies applied to each venture and under such circumstances D&O shall bill EMGL the pre-agreed xxxunt for the engagement as adjusted by any client-approved fees; in the alternative, D&O will apply its fees and charges to the venture or bill the client directly. XXGL agrees to include reference to D&O in each contract and proposal involving D&O Services. D&O's BDP and other proprietary information and associated products, copyrights, trademarks, trade names and logos developed by D&O shall remain the property of D&O and reference to D&O's rights shall be made in all uses of such materials. B. EMGL shall, in a professional manner, take all steps necessary to perform its business management, and/or aggregation and acquisitions (collectively the "EMGL Services") for D&O Services performed by D&O for EMGL. Any engagement to perform EMGL Services shall be on such terms and conditions as EMGL may approve in its sole discretion on a case by case basis. EMGL will perform, schedule, staff and manage all EMGL Services.
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SCOPE OF STRATEGIC ALLIANCE. The parties intend that Spindle may discuss and offer its clients the opportunity to utilize VyaPay’s payments platforms (the “Platforms”) in conjunction with Spindle’s business and in conjunction with this Agreement. The parties shall separately enter into any necessary license or other agreements between themselves or with customers relating to access to the Platforms. Pursuant to the alliance, Spindle shall, introduce and market VyaPay Processing Services and other services offered by VyaPay (collectively the "Services"), on terms mutually agreeable to Spindle, VyaPay and Spindle’s customer. VyaPay shall support and perform its VyaPay Processing Services and payment services (collectively the "VyaPay Services") for Spindle customers and projects referred to VyaPay by Spindle. Any engagement to perform VyaPay Services shall be on such terms and conditions as VyaPay may approve in its sole discretion. VyaPay will perform, schedule, staff and manage all VyaPay Services. Spindle may provide its products and solutions to VyaPay, to be installed at the VyaPay Processing Center. Revenues generated from business generated through the parties’ alliance is intended be shared between the parties, [redacted: business confidential] for business generated by VyaPay and with Spindle retaining [redacted: business confidential] of net revenue for business generated by Spindle. The parties recognize that each party may generate its own individual projects and customers that are not subject to the terms of the contemplated alliance or these revenue sharing provisions.
SCOPE OF STRATEGIC ALLIANCE. The purpose of this Agreement, is cooperation between the Parties, in turn of a fee, to provide services legal and relevant alike and in general, to provide any such service which is for a lawyer to provide, towards natural and legal persons, association of persons, organizations etc. of any legal form and origin, of private or public law. The intention is to set up a synergy between two reputable law firms in order to have a strong partnership and help each other to support clients in other countries too with utmost efficiency for both the Parties. The goal is to create a specialized legal and advocacy synergy scheme between the Parties in order to support their respective clients worldwide, so that both the firms are exposed to the same mentality and represent as a common structure and one entity. CHRISTOS OIKONOMAKIS Digitally signed by CHRISTOS OIKONOMAKIS Date: 2022.03.19 10:23:37 +02'00' Xxxxxxx Xxxx Digitally signed by Xxxxxxx Xxxx Date: 2022.03.18 07:12:06 +02'00'
SCOPE OF STRATEGIC ALLIANCE. A. Beautyfresh shall take all steps necessary to import, market and distribute, throughout mainland China, all OBJE branded products and shall act exclusively on behalf of OBJE. In addition, Beautyfresh shall facilitate the marketing and export of OBJE's cosmetic products within the Nation of Greece (collectively "Beautyfresh Services"). The performance of Beautyfresh's services shall be on such terms and conditions as Beautyfresh may approve in its sole discretion. Beautyfresh will perform, schedule, staff and manage all Beautyfresh services. OBJE's designs, materials, manufacturers, and other proprietary information and associated products, copyrights, trademarks, trade names and logos developed by OBJE shall remain the property of OBJE and reference to OBJE's rights shall be made in all uses of such materials. B. OBJE shall, in a professional manner, provide all start up and operating expenses such as to facilitate the completion of the undertaking of Beautyfresh (collectively "OBJE Services"). The performance of OBJE's services shall be on such terms and conditions as OBJE may approve in its sole discretion. OBJE will perform, schedule and manage all OBJE Services. The distribution and customer lists as well as the contacts in Greece of Beautyfresh shall remain the property of OBJE. C. OBJE and Beautyfresh shall each sign the Mutual Non-Disclosure Agreement attached hereto as Exhibit "1". D. Profit and Loss allocation and a Funding Agreement for the operation detailing the Line of Credit and Loan Agreements shall be as set out in the Operating Agreement.
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