FIT Agreement definition
Examples of FIT Agreement in a sentence
This FIT Agreement is entered by the following Parties: World Avenues S.A (hereinafter referred to as the "Tour Operator") with its principal office at ▇▇, ▇▇▇ ▇▇▇▇▇▇▇,▇▇-1202 Geneva, Switzerland and the following Hotel of the VICTORIA-JUNGFRAU COLLECTION: (Hereinafter referred to as the “Hotels”), and is valid till March 31st, 2019 This Agreement states the terms and conditions under which the Hotel will co-operate with the Tour Operator.
Each Party acknowledges that in entering into the FIT Agreement on the terms and conditions set out in the FIT Agreement it is not relying upon any representation, warranty, promise or assurance made or given by the other Party or any other person, whether or not in writing, at any time prior to the execution of the FIT Agreement which is not expressly set out therein.
All sums payable under the FIT Agreement are stated exclusive of VAT or any other applicable tax or duty payable upon such sums, which shall be added if appropriate at the rate prevailing at the relevant tax point.
Furthermore, neither Party shall use any such information otherwise than for the purposes of the FIT Agreement.
By this assignment, BTLI will have all rights granted to IOWC pursuant to the FIT Agreement, including the rights to receive any payment of fees, royalties, or income generated pursuant to the Agreement.
This is so that the Buyer can audit compliance with the FIT Agreement and the FIT Scheme.
Either Party may, by notice to the other Party, change the address, email address or facsimile number at which notices or other communications under the FIT Agreement are to be given to it.
The Buyer may assign any of its rights, or transfer any of its obligations, under the FIT Agreement to any person on notice to (and without any further consent by) the Generator.