Use of the Technology Reserve Funds Sample Clauses

Use of the Technology Reserve Funds. During the Term of this Agreement, the Technology Reserve Fund shall be used by SCN to procure such hardware, software, materials and equipment, and for the installation, addition, alteration or changes to the ACC deemed necessary and appropriate for the integration thereof into the ACC, and for such other uses as shall be agreed to in writing by both Parties. All hardware, software, materials and equipment procured by SCN using funds from the Technology Reserve Fund and Capital Investment Commitment shall be referred to herein collectively as the “Products”. All charges and costs incurred by SCN in connection with the installation, alterations, additions or changes to the ACC deemed necessary and appropriate for the integration of Products in or at the ACC shall be paid out of the funds referenced in and pursuant to Sections 3.2.2 and 3.2.3, as applicable. ANAHEIM shall not be required to pay any costs or any portion of the price for the procurement, installation, alteration, addition or change to the ACC in connection with the integration of the Products in or at the ACC. All Products procured out of the Technology Reserve Fund, that may be installed or placed in or about the ACC from time to time, during the Term of this Agreement, shall be and become the property of ANAHEIM upon the time of acceptance by ANAHEIM. At the end of the Term any amounts allocated to the Technology Reserve Fund shall be paid over to ANAHEIM and be used at the ACC in the sole discretion of ANAHEIM, and SCN shall have no rights with respect to such amounts.
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Related to Use of the Technology Reserve Funds

  • Reserve Funds Section 7.1.

  • Reserve Fund (a) On the Closing Date, the Seller will deposit the Reserve Fund Initial Deposit into the Reserve Fund from the net proceeds of the sale of the Notes. The Reserve Fund shall be the property of the Issuer subject to the rights of the Indenture Trustee in the Reserve Fund Property.

  • Records Maintenance; Access Contractor shall maintain all financial records relating to this Contract in accordance with generally accepted accounting principles. In addition, Contractor shall maintain any other records, books, documents, papers, plans, records of shipments and payments and writings of Contractor, whether in paper, electronic or other form, that are pertinent to this Contract (“Records”) in such a manner as to clearly document Contractor's performance. Contractor acknowledges and agrees that Agency and the Oregon Secretary of State's Office and the federal government and their duly authorized representatives will have access to such financial records and other Records that are pertinent to this Contract, whether in paper, electronic or other form, to perform examinations and audits and make excerpts and transcripts. Contractor shall retain and keep accessible all such financial records and other Records for a minimum of 6 years, or such longer period as may be required by applicable law, following final payment and termination of this Contract, or until the conclusion of any audit, controversy or litigation arising out of or related to this Contract, whichever date is later.

  • MAINTENANCE OF THE SAID BUILDING / APARTMENT / PROJECT The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the project by the association of the allottees. The cost of such maintenance has been included in the Total Price of the [Apartment/Plot]. [Insert any other clauses in relation to maintenance of project, infrastructure and equipment]

  • Deposit Pay ment of The Fixed Reserve Price 5.1. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price.

  • MAINTENANCE OF THE BUILDING /APARTMENT / PROJECT The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the project by the Association upon the issuance of the completion certificate of the Project. The cost of such maintenance has been included in the Total Extras and Deposits as mentioned in clause 1.2.

  • Use of the Property 3.9.1 To use the Property for the purpose of a private residence only in the occupation of the Permitted Occupant and not for business purposes.

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