U S E S. FIRST: SUBJECT OF THE AGREEMENT To state the terms and conditions through which the bonding scheme will operate in relation with obligations of advance payment, performance, good quality and/or hidden vices and conventional penalties raised from Contracts, Purchase Orders that the Beneficiary executes with his Suppliers, Contractors or Services Providers. The Contractors and Suppliers Master Bond is constituted by the following obligations that may be included, all or some, as the Beneficiary and Principal requires, upon the corresponding Inclusion Endorsements: Bid Offer The offer intending submitted by the Contractor or Supplier will be guaranteed upon each Inclusion Endorsement. Advance Payment The duly investment, partial or total, of all those amounts delivered to the Principal at any time within the effectiveness period executed by said Principal, that as an advance payment by the Beneficiary, will be guaranteed for the amounts of each Inclusion Endorsement, as well as the reimbursement of the amount of money neither invested nor amortized. Performance The delivery of goods, the work performance and/or the fulfillment of the obligations arisen upon the guaranteed contracts, under the conditions and specifications stated in said Contracts or Purchase Orders, as may be the case, executed by and between the Principal and the Beneficiary, referred at the Inclusion Endorsement will be guaranteed and it will be effective according to the non-fulfilled proportion, unless written acceptance by the Bonding Company, specifically at the corresponding Inclusion Endorsement, so that the proportionality means should not operate at those cases where the nature of the guaranteed obligation is clearly non divisible.
U S E S. FIRST. “TERM OF THE AGREEMENT”. The present Labor Agreement is executed for an Indefinite Term and may not be modified, suspended, breached, or terminated if not by the parties’ mutual agreement or as provided by the Federal Labor Law and its applicable regulations. The “EMPLOYEE” will commence its services as Controller of the “COMPANY” on May 22 of 2006.
U S E S. I. SCOPE OF LEASE AGREEMENT. On the express terms and conditions set forth hereinafter, the scope of this Lease Agreement is as follows: PIMSA hereby leases to COMPANY and COMPANY hereby leases from PIMSA the land in the Industrial Park as described on EXHIBIT "B", which is attached hereto and made a part hereof, and PIMSA's Improvements as more specifically described hereinafter in this Lease Agreement.
U S E S. Cláusula 1.
U S E S. FIRST. The deadline to sign this agreement will be January 2nd (or August 2nd), year 20 , and once the due date has expired, this agreement will be considered as accepted and signed by both Parties.
U S E S. FIRST. The Trustor hereby irrevocably delivers and transfers to the Trustee, and the Trustee hereby receives and accepts delivery of the the share certificate representing the SBC Shares, in the trust and for the purposes set forth in this Agreement. The Trustee shall then grant to the Trustor the receipt that corresponds to the assets held in this trust. At any time, the Beneficiary may transfer to this Trust additional Series "AA" shares of America Movil in order to fulfill the purposes of this trust, and such shares shall become assets of this trust; provided, that the Beneficiary shall not transfer to this trust a higher percentage of Series "AA" shares than that allowed by America Movil's bylaws.
U S E S. ARTICLE 1 – Purpose of the Exhibit The purpose of this Exhibit II is to regulate the terms and conditions of the services received by ADHESION PARTIES and of the commitment of the ADHESION PARTIES/Partners to pay Consultant their assigned fees each as agreed for the provision of services by CONSULTANT relating to supporting the CLIENT and the ADHESION PARTY in the process of preparing the proposal to EIC Pathfinder Open call, (hereinafter, the “Services”) to the European Commission, being the CLIENT as coordinator partner, according to the terms and conditions set out in the Agreement referred above.
U S E S. FIRST.- Both parties are in agreement that, for the purposes of abbreviation, the following words shall be used: "THE COMPANY" to denote NORTH AMERICAN SHOE COMPANY S.A. DE C.V. "THE WORKER" to refer to Xxxxxxx Xxxxxxx Xxxxxxxx and "THE LAW" in reference to the Federal Labor Law.
U S E S. FIRST. THE DEBTOR hereby constitutes in favor of THE CREDITOR a pledge on the EQUIPMENT, which shall guarantee 100% of the Obligations assumed by THE CREDITOR towards THE DEBTOR pursuant to the Equipment Purchase Agreement and the Promissory Note. In addition, THE DEBTOR hereby constitutes in favor of THE CREDITOR a pledge in second degree on the TAG SHARES owned by THE DEBTOR which are kept in escrow by Tarrant Apparel Group.
U S E S. ONE. Amendments to the “
