Utilities Supply Agreement Sample Clauses

Utilities Supply Agreement. On 16 November 2012, the Utilities Supply Agreement was entered into between various members of the XLX Chem Group and Henan XLX (a wholly-owned subsidiary of the Company), pursuant to which Henan XLX has agreed to supply water, electricity and steam to such members of the XLX Chem Group. The Utilities Supply Agreement has a term commencing with effect from 16 November 2012 up to and including 31 December 2014.
Sample 1
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Utilities Supply Agreement. Date: 16 November 2012 (i) Henan XLX (as supplier) (iv) XLX Equipment (v) XLX Lifting (vi) XLX Hotel (each as purchaser) Henan XLX will supply water, electricity and steam to each of the purchasers at the following rates: The supply of water shall be charged at RMB1.356 per ton. The supply of electricity shall be charged at RMB0.6513 per kWh. The supply of steam shall be charged at the rate of 10% over the cost of supply. The quantity of water, electricity and steam to be supplied by Henan XLX to each of the purchasers would depend on the actual consumption of each of the purchasers on an as-needed basis. From 16 November 2012 up to and including 31 December 2014. Prior to the end of each calendar year of 2012 and 2013, the parties shall discuss and confirm in writing whether to vary or continue with the existing terms. In the event the parties fail to confirm the terms prior to the end of such calendar year, the agreement shall automatically terminate. The price for the supply of electricity was determined on the basis of usage rate as recorded in the relevant metres with reference to the price set out by the PRC government or relevant authorities. The price for supply of water and steam is determined on the basis of usage rate as recorded in the relevant metres with reference to the actual costs plus a profit margin of 10% over the actual costs in order to cover the maintenance and repair costs, labour costs and management fees. The Utilities Supply Agreement was negotiated and determined on an arm’s length basis based on normal commercial terms.
Sample 1
Utilities Supply Agreement. Prior to the listing of the Company on the Stock Exchange, the facilities to supply water, electricity and steam for the Group’s production were built and registered under Henan XLX and had additional connecting lines, pipes and conduits installed to deliver water, steam and electricity to the XLX Chem Group along with independent metres to monitor their utilisation rate and actual consumption of utilities. As a result of the installation set-up, Henan XLX had continued to supply utilities to the XLX Chem Group due to the close proximity and convenience of accessing such utilities. This arrangement provided mutual benefits as it also helps the Group to improve the utilisation of its utilities facilities and the additional income received from providing such utilities to the XLX Chem Group could be used to reduce the overall maintenance, labour and management costs to the Group of maintaining such facilities. As mentioned above, the prices for Equipment purchases were determined by the Group’s internal qualification and tendering procedures with potential suppliers of Equipment. XLX Equipment was selected as the successful supplier after having gone through the selection procedures mentioned above. Given the close geographical location of the respective operations of XLX Equipment and the Group, the Group also enjoys the benefit of reliable and timely delivery of Equipment and cost effectiveness.
Sample 1

Related to Utilities Supply Agreement

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Supply Agreement Seller and Buyer, or their Affiliates, shall have executed the Supply Agreement.

  • Supply Agreements For a period of three years from the consummation of the IPO, Odetics shall not unilaterally terminate or assign its guarantee obligation with respect to any supply agreement pursuant to which it has guaranteed the performance by ATL of ATL's obligations, unless such suppliers have consented to the termination or assignment of such guarantee.

  • Services Agreement “Services Agreement” shall mean any present or future agreements, either written or oral, between Covered Entity and Business Associate under which Business Associate provides services to Covered Entity which involve the use or disclosure of Protected Health Information. The Services Agreement is amended by and incorporates the terms of this BA Agreement.

  • Interconnection Agreement Seller shall comply with the terms and conditions of the Interconnection Agreement.

  • Maintenance Agreement The parties will abide by the terms of the Maintenance Agreement including the capacity to dispute the classification in accordance with the Maintenance Agreement (Information Appendix C).

  • Sub-Servicing Agreements Between Servicer and Sub-Servicers (a) The Servicer may enter into Sub-Servicing Agreements with Sub-Servicers, which may be Affiliates of the Servicer, for the servicing and administration of the Mortgage Loans; provided, however, such sub-servicing arrangement and the terms of the related Sub-Servicing Agreement must provide for the servicing of the Mortgage Loans in a manner consistent with the servicing arrangement contemplated hereunder. The Trustee is hereby authorized to acknowledge, at the request of the Servicer, any Sub-Servicing Agreement. No such acknowledgment shall be deemed to imply that the Trustee has consented to any such Sub-Servicing Agreement, has passed upon whether such Sub-Servicing Agreement meets the requirements applicable to Sub-Servicing Agreements set forth in this Agreement or has passed upon whether such Sub-Servicing Agreement is otherwise permitted under this Agreement. Each Sub-Servicer shall be (i) authorized to transact business in the state or states where the related Mortgaged Properties it is to service are situated, if and to the extent required by applicable law to enable the Sub-Servicer to perform its obligations hereunder and under the Sub- Servicing Agreement and (ii) a Xxxxxxx Mac or Xxxxxx Mae approved mortgage servicer. Each Sub- Servicing Agreement must impose on the Sub-Servicer requirements conforming to the provisions set forth in Section 3.08 and provide for servicing of the Mortgage Loans consistent with the terms of this Agreement. The Servicer will examine each Sub-Servicing Agreement and will be familiar with the terms thereof. The terms of any Sub-Servicing Agreement will not be inconsistent with any of the provisions of this Agreement. Any variation in any Sub-Servicing Agreements from the provisions set forth in Section 3.08 relating to insurance or priority requirements of Sub-Servicing Accounts, or credits and charges to the Sub-Servicing Accounts or the timing and amount of remittances by the Sub-Servicers to the Servicer, are conclusively deemed to be inconsistent with this Agreement and therefore prohibited. The Servicer shall deliver to the Trustee copies of all Sub- Servicing Agreements, and any amendments or modifications thereof, promptly upon the Servicer's execution and delivery of such instruments. (b) As part of its servicing activities hereunder, the Servicer, for the benefit of the Trustee and the Certificateholders, shall enforce the obligations of each Sub-Servicer under the related Sub-Servicing Agreement, including, without limitation, any obligation to make advances in respect of delinquent payments as required by a Sub-Servicing Agreement. Such enforcement, including, without limitation, the legal prosecution of claims, termination of Sub-Servicing Agreements, and the pursuit of other appropriate remedies, shall be in such form and carried out to such an extent and at such time as the Servicer, in its good faith business judgment, would require were it the owner of the related Mortgage Loans. The Servicer shall pay the costs of such enforcement at its own expense, and shall be reimbursed therefor only (i) from a general recovery resulting from such enforcement, to the extent, if any, that such recovery exceeds all amounts due in respect of the related Mortgage Loans, or (ii) from a specific recovery of costs, expenses or attorneys' fees against the party against whom such enforcement is directed.

  • Second Amendment to Exhibit A to Services Agreement Exhibit A to the Services Agreement shall be, and here by is, supplemented with the following:

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

  • Transitional Services Agreement Seller shall have executed and delivered the Transitional Services Agreement.

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