Terms of the Agreements Sample Clauses

Terms of the Agreements. The agreements are contracts between the Department of the Treasury and each GSE. They are indefinite in duration and have a capacity of $100 billion each, an amount chosen to demonstrate a strong commitment to the GSEs’ creditors and mortgage backed security holders. This number is unrelated to the Treasury’s analysis of the current financial conditions of the GSEs.
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Terms of the Agreements. 3.1. The term of this Master Agreement will begin on the Effective Date and, will terminate seven (7) years after this date (the "Initial Termination Date"). This Master Agreement will continue thereafter for as long as any single Individual Agreement remains in effect. Upon termination, the Parties' obligations shall continue as to any required payments and audits not completed, and specifically as to sections 1.1.5., 4.5 (with respect to that portion of the manuals that deal with the tool kit), 9., 10., 15.7., 15.8., 20., 21., 28., and 30. of this Agreement. 3.2. On or about the expiration of the fifth year of the Master Agreement, the Parties will commence discussions regarding the possible extension of the Master Agreement for an additional term. Should no agreement be reached concerning such an extension prior to the Initial Termination Date, the Master Agreement and all Individual Agreements will be automatically extended after the Initial Termination Date to a date at least ninety (90) days after MagiNet's receipt of written notice of the Hyatt Parties' and/or a given Hotel's intent to terminate the particular agreement(s) involved. 3.3. Each Individual Agreement will continue to be effective at least until the Initial Termination Date. Upon the expiration of one or more Individual Agreements, or the refusal of MagiNet to install the System at a Hotel as permitted under section 3.4 of this Agreement, other guest video systems may be installed at those Hotels. 3.4. MagiNet will not be required to sign any Individual Agreement if there are less than twenty-four (24) months remaining prior to the Initial Termination Date. If there are less than twenty-four (24) months remaining, MagiNet may, at its option exercised through written notice within thirty (30) days of any installation request, refuse to sign an Individual Agreement. If MagiNet determines not to go forward with any installation, then the Hyatt Parties may seek another vendor to install the guest video services system for any Hotel for which installation has been refused. 3.5. The Parties agree that the System shall be installed in all existing Hotels in accordance with the timetable attached hereto as Exhibit C, and they shall take all commercially reasonable actions to achieve this goal. The Parties warrant August 22, 1995 and agree that, except as set forth in Exhibit C, there are no known existing contractual obligations or legal restrictions that would prevent them or the Hotels from co...
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Terms of the Agreements. The prices of the VLCCs and the Suezmaxs will be payable in RMB in cash. Relevant payments under each of the Agreements will be payable in 5 instalments at various stages of the construction of the relevant VLCC and the Suezmaxs, in the proportion of 5%, 10%, 10%, 10% and 65% of the aggregate price of the relevant VLCC and the Suezmaxs respectively. The expected delivery dates for each of the VLCCs are on or before 31 August 2020, 31 October 2020, 31 December 2020 and 31 March 2021, respectively. Each of the Agreements provides that there will be no adjustment in the price of the relevant VLCC if the delivery is delayed for a period not exceeding 30 days. If the delay exceeds such period of time but does not exceed 210 days, respectively, there will be a reduction in the price of the relevant VLCC determined on the basis of the extent of the delay. Such reductions in the price will be calculated based on daily reduction rates of RMB 100,500 (equivalent to approximately HK$118,419) per day, subject to a maximum aggregate amount of reductions of RMB 18,090,000 (equivalent to approximately HK$21,315,455) in respect of each VLCC. Under the Agreements, delay will be permitted on account of force majeure events. If the delay exceeds 210 days, unless the parties agree otherwise, the Company has the right to refuse to accept delivery of the relevant VLCC in which case all payments paid under the relevant Agreement together with interests will be refunded to the Company.
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Terms of the Agreements. This agreement shall commence on the Effective Date and shall continue for a minimum period of six (6) months and will be automatically renewed thereafter every six (6) months unless terminated pursuant to the provisions of paragraph 7 hereof or just verbally terminated due to the lack of the agent producing orders or collecting on our invoices.
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Terms of the Agreements. Except as expressly modified hereby, all terms, conditions and provisions of each of the Registration Rights Agreement, the Purchase Agreement and the Security Agreement shall continue in full force and effect.
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Related to Terms of the Agreements

  • Terms of the Agreement Each Party shall treat the terms of this Agreement as the Confidential Information of other Party, subject to the exceptions set forth in Section 7.2. Notwithstanding the foregoing, each Party acknowledges that the other Party may be obligated to file a copy of this Agreement with the SEC, either as of the Effective Date or at some point during the Term. Each Party shall be entitled to make such a required filing, provided that it requests confidential treatment of certain commercial terms and sensitive technical terms hereof to the extent such confidential treatment is reasonably available to it. In the event of any such filing, the filing Party shall provide the other Party with a copy of the Agreement marked to show provisions for which the filing Party intends to seek confidential treatment and shall reasonably consider and incorporate the other Party’s comments thereon to the extent consistent with the legal requirements governing redaction of information from material agreements that must be publicly filed. The other Party shall promptly provide any such comments.

  • OTHER TERMS OF THE AGREEMENT Except as specifically amended hereby, all of the terms and conditions of the Agreement shall continue to be in full force and effect and shall be binding upon the parties in accordance with their respective terms.

  • Amendments of the Agreement This Agreement may be amended by a writing signed by both parties hereto, provided that no material amendment to this Agreement shall be effective until approved (i) by the vote of a majority of those Trustees of the Trust who are not interested persons of Xxxxx Xxxxx or the Trust cast in person at a meeting called for the purpose of voting on such approval, and (ii) if required by the Investment Company Act of 1940, by vote of a majority of the outstanding voting securities of the Fund.

  • Copies of the Agreement The Employer and the Union desire all parties to be familiar with the provisions of this Agreement and the rights and obligations under it. For this reason, the parties shall share equally the cost of printing and distribute sufficient copies of this Agreement to all parties.

  • Amendment of the Agreement The Company and the Participant may amend this Agreement only by a written instrument signed by both parties.

  • Benefits of the Agreement The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective permitted successors and assigns of the parties. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and assigns any rights, remedies, obligations, or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.

  • AGENTS OF THE AGREEMENT 1.1 The Authorized Official(s) for the State of Montana shall be the State Accountant of the State Financial Services Division, Department of Administration in all matters concerning this Agreement. 1.2 The Assistant Commissioner, Revenue Collections Management, Bureau of the Fiscal Service (Fiscal Service), U.S. Department of the Treasury, shall act as the Secretary's representative in all matters concerning this Agreement.

  • Modification of the Agreement Notwithstanding any of the provisions of this Agreement, the parties may agree to amend this Agreement. No alteration or variation of the terms of this Agreement shall be valid unless made in writing and signed by the parties hereto. No oral understanding or agreement not incorporated herein shall be binding on any of the parties hereto.

  • Duration of the Agreement This Agreement shall come into effect on the day and year stated in Box 4 and shall continue until the date stated in Box 17. Thereafter it shall continue until terminated by either party giving to the other notice in writing, in which event the Agreement shall terminate upon the expiration of a period of two months from the date upon which such notice was given.

  • Assignment of the Agreement This Agreement and the rights hereunder may be assigned by FirstLink to any majority-owned subsidiary of FirstLink or to an affiliate or party acquiring all or substantially all of the assets of FirstLink upon prior written consent of Owner. Such consent shall not be unreasonably withheld. Alternatively, the Agreement may be assigned by FirstLink to any FirstLink subsidiary so long as FirstLink agrees in writing that it shall remain liable for all obligations arising under this Agreement. FirstLink may also assign this Agreement to any party providing financing to FirstLink; provided that such assignment shall not relieve FirstLink from its obligations hereunder. In connection with a sale or disposition of the Properties, Owner shall request FirstLink's written consent to assign this Agreement and shall require any subsequent owner of the Properties to assume this Agreement and the rights and obligations hereunder. Subject to the foregoing, this Agreement shall be binding upon and shall inure to the benefit of the successors and assigns of the respective parties to this Agreement.

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