Transferring Assets. 8.3.1 The Council shall transfer the Transferring Assets to the Company for use in the provision of the Services on the following terms: (a) the price payable by the Company for the Transferring Assets shall be £59,088 (plus VAT). Within five (5) Business Days of receipt by the Company of a VAT invoice, the Company shall pay the Council the sum payable for the Transferring Assets; and (b) the Council shall forthwith transfer to the Company legal and beneficial title to all Transferring Assets and shall forthwith release to the Company the control of all such Transferring Assets. 8.3.2 Neither the Council, its agents nor employees shall be liable to the Company in contract, tort (including negligence or breach of statutory duty), statute or otherwise as a result of any inaccuracy, omission, unfitness for any purpose or inadequacy of any kind whatsoever of the Transferring Assets.
Appears in 2 contracts
Samples: Partnership Agreement, Partnership Agreement
Transferring Assets. 8.3.1 The Council shall transfer the Transferring Assets to the Company for use in the provision of the Services on the following terms:
(a) the price payable by the Company for the Transferring Assets shall be £59,088 7,132 (plus VAT). Within five (5) Business Days of receipt by the Company of a VAT invoice, the Company shall pay the Council the sum payable for the Transferring Assets; and
(b) the Council shall forthwith transfer to the Company legal and beneficial title to all Transferring Assets and shall forthwith release to the Company the control of all such Transferring Assets.
8.3.2 Neither the Council, its agents nor employees shall be liable to the Company in contract, tort (including negligence or breach of statutory duty), statute or otherwise as a result of any inaccuracy, omission, unfitness for any purpose or inadequacy of any kind whatsoever of the Transferring Assets.
Appears in 1 contract
Samples: Services Agreement
Transferring Assets. 8.3.1 The Council shall transfer the Transferring Assets to the Company for use in the provision of the Services on the following terms:
(a) the price payable by the Company for the Transferring Assets shall be £59,088 69,682 (plus VAT). Within five (5) Business Days of receipt by the Company of a VAT invoice, the Company shall pay the Council the sum payable for the Transferring Assets; and
(b) the Council shall forthwith transfer to the Company legal and beneficial title to all Transferring Assets and shall forthwith release to the Company the control of all such Transferring Assets.
8.3.2 Neither the Council, its agents nor employees shall be liable to the Company in contract, tort (including negligence or breach of statutory duty), statute or otherwise as a result of any inaccuracy, omission, unfitness for any purpose or inadequacy of any kind whatsoever of the Transferring Assets.
Appears in 1 contract
Samples: Partnership Agreement