XXXXXXX DEL MAR MARINA (PDM Sample Clauses

XXXXXXX DEL MAR MARINA (PDM. PROJECT The Parties agree that the Joint Venture shall do such acts and things, and to execute and deliver such documents, filings and instruments, that are necessary and/or advisable to develop, construct, market and sell the Xxxxxxx del Mar Marina (PDM) Project according to a to be prepared Business Plan, to be prepared by the Parties and approved by each Party and the Board, which Business Plan shall include, but not be limited to, the following: 1. The Joint Venture shall apply to the Panamanian Government or any other competent authority for the authorization and granting of each and all of the necessary concessions, licenses, authorizations, permits to develop, construct, build, operate and manage the Xxxxxxx del Mar Marina (PDM) Project (the "Licenses"). -------- 2. All Licenses shall be issued under LBHI name. 4. If SDRI elects to participate in the development of this Project, SDRI shall confirm such election in writing to LBHI. If such election is not received by LBHI within thirty (30) calendar days following SDRI's receipt of the Marina Notice, LBHI will be authorized to develop the Xxxxxxx del Mar Marina (PDM) Project through its own means or in association with a third party. 5. If SDRI elects to participate in the development of the Xxxxxxx del Mar Marina (PDM) Project, then (i) SDRI shall secure and/or provide all the necessary financing (which may at its option include Project Financing(s)) according to terms mutually agreed to by LBHI and SDRI, and bear any and all the Operating and Sales Cost related to the development of said Project, and (ii) the Parties shall negotiate and execute a Management and Operation Agreement governing the operation of the Xxxxxxx del Mar Marina (PDM) Project pursuant to which, among other items, LBHI and SDRI shall share Profits and Losses on a 50/50 basis.
Sample 1
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XXXXXXX DEL MAR MARINA (PDM. CONTRIBUTION The Parties agree that with respect to Xxxxxxx del Mar Marina (PDM) Project each party upon approval by the Board and each Party of a Business Plan for the Project, will contribute to the Joint Venture the following Joint Venture Contributions: 1. LBHI will contribute all the Licenses under LBHI name, for the operation and management of the Xxxxxxx del Mar Marina (PDM) Project. 2. LBHI will contribute all information that it has to date (and/or obtains in the future) such as drawings, master(s) plan(s), environmental impact studies, boundary studies, any core boring samples, data for geophysical work and any other work, papers, documents and or information performed in connection with or necessary for the development of the Xxxxxxx del Mar Marina (PDM) Project in accordance with the Business Plan for this Project. 3. SDRI will contribute all architecture and design work, construction management, marketing and sales plans, marketing, sales and any other work, papers, documents and or information performed or to be performed in connection with or necessary for the development of the Xxxxxxx del Mar Marina (PDM) Project according to specifications to be provided in the Business Plan to be prepared for this Project. 4. SDRI will secure and or obtain all funds and aids whether through itself or through a third party. 5. Profits and losses shall be split 50/50 by SDRI and LBHI.
Sample 1

Related to XXXXXXX DEL MAR MARINA (PDM

  • Xxxxxx, P A., special counsel for IMC, in IMC's capacity as both Seller and Servicer under the Sale and Servicing Agreement, and/or Xxxxx & Xxxxxx LLP shall have furnished to the Underwriters their written opinion or opinions, addressed to the Underwriters and the Depositor and dated the Closing Date, in form and substance satisfactory to the Underwriters, to the effect that:

  • Xxxxxxxx Tobacco Co [Xxxxx Progeny] Circuit Court, Levy County, (Bronson, FL) $8 million in compensatory damages; 90% of fault assigned to RJR Tobacco, which reduced the award to $7.2 million; $72 million in punitive damages. See “— Xxxxx and Xxxxx Progeny Cases” below.

  • Xxxxxxx, P E. will perform as the Consultant’s principal for this Project. As principal on this Project, this person shall be the primary contact with the Utilities Director, Utilities Engineer, or another person so designated, and shall have authority to bind the Consultant. So long as the individual named above remains actively employed or retained by the Consultant, he/she shall perform the function of principal on this Project.

  • Xxxxxx, Esq Anyone to whom a notice may be given under this Agreement may designate a new address by notice to that effect given to the other party in accordance with this subsection (b). Each such notice shall be deemed given upon the receipt thereof when delivered in person and on the second business day after the mailing when sent by mail as aforesaid. (c) You understand that, upon exercise of this Option, you may recognize income for tax purposes in an amount equal to the excess of the then fair market value of the Shares purchased over the Option Price for such Shares. Your employer may withhold tax from your current compensation with respect to such income or any other income which it deems you to have received in connection therewith; to the extent that your then current compensation is insufficient to satisfy the withholding tax liability, you will be required to make a cash payment to cover such liability as a condition of exercise of this Option. (d) If this Option shall be mutilated, lost, stolen or destroyed, the Company shall issue in exchange and substitution for and upon cancellation of the mutilated Option, or in lieu of and in substitution for the Option lost, stolen or destroyed, a new Option of like tenor and denomination, but only upon receipt of evidence satisfactory to the Company of such loss, theft or destruction of such Option and such indemnity and, if requested by the Company, such bond, as shall in each case be satisfactory to the Company. You must also comply with such other reasonable requirements and pay such other reasonable charges as the Company may prescribe in connection with such issuance. (e) This Option shall be governed and construed in accordance with the substantive laws of the State of New York applicable to contracts executed, delivered and to be fully performed in the State of New York, without giving effect to contrary provisions regarding conflict of laws. (f) This Agreement shall inure to the benefit of and shall be binding upon your heirs, executors, administrators and legal representatives, and shall inure to the benefit of and be binding upon the Company and its successors and assigns. You may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement, or any of your rights hereunder except if and to the extent expressly permitted by Section 8 of this Agreement, and any such attempted prohibited delegation or disposition shall be null and void and without effect. (g) This Agreement constitutes the complete understanding between the parties with respect to the subject matter hereof, and no statement, representation, warranty or covenant has been made by either party with respect thereto except as expressly set forth herein. This Agreement shall not be altered, modified, amended or terminated except by written instrument signed by each of the parties hereto. (h) This Agreement may be executed in any number of counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument. (i) The section headings contained herein are for the purposes of convenience only, are not intended to define or limit the contents of said sections and are not part of this Agreement. (j) By signing below, you hereby accept this Option subject to all of the terms and provisions hereof and acknowledge all of the representations, warranties and agreements set forth above. This Option shall not be effective until you have signed this Option and delivered it to the Company.

  • XXXXXXXX AND W XXXXXXX XXXXXX

  • Xxxxxx X Xxxxxxxx ----------------------------- Xxxxxx X. Xxxxxxxx

  • Xxxxx, P C. shall be the closing attorney if Property is in the Greater Augusta or Aiken area. XxXxxxxx Xxxxx, P.C. shall be the closing attorney if Property is in the Savannah area, and Xxxxxxx Xxxxxxx shall be the closing attorney if Property is in the Statesboro area, and Xxxxxxxx Xxxxxxxxxx Law Firm shall be the closing attorney if Property is in the Greenwood area. Buyer agrees Seller will schedule closing date and time in accordance with Section 4 E (a) of the Agreement. Seller will notify Buyer of the date and time of closing. Failure to close home by Closing Date stated in Paragraph 3, page 1, of the Agreement will, at Seller’s option, result in termination of the Agreement, and forfeiture of the xxxxxxx money, Construction Deposits and any extras deposits. In addition, any remaining balance of money owed for extras ordered by the Buyer shall be immediately due and payable.

  • Xxxxxxx, Esq If to the Executive, to him at the offices of the Company with a copy to him at his home address, set forth in the records of the Company. Any person named above may designate another address or fax number by giving notice in accordance with this Section to the other persons named above.

  • Xxxxx, Esq Sher & Xxxxxxxxx LLP; 0000 X Xxxxxx, XX.; Xxxxx 000; Xxxxxxxxxx, XX 00000.

  • Xxxxxxx X Xxxxxxxx

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