Island Pacific definition

Island Pacific. Represented Golden Gate Capital, as lender, in a $2 million secured subordinated bridge loan to obtain exclusivity in a potential purchase. (2005)
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Island Pacific or "we", and Toys R Us, Inc. is hereafter called "Customer" or "you". Island Pacific agrees to provide and you agree to accept consultancy, training and product support services associated with the implementation and use of the Island Pacific software products (the "Software Products") and the Software being licensed by Island Pacific to Customer pursuant to a certain License Agreement of even date herewith (the "License Agreement"), subject to the following terms and conditions:
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Island Pacific or "we") are entering into a certain License Agreement for Software Products (the "License Agreement") and a certain Services Agreement (the "Services Agreement"). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the License Agreement. This document will serve as a template agreement between Customer and Island Pacific describing the manner in which modifications to Island Pacific's Software Products desired by Toys R Us are developed and delivered. We both agree to the following terms and conditions: DESCRIPTION OF PROJECT - AT THIS TIME THE SCOPE OF EACH DELIVERABLE IS UNKNOWN. AS YOUR STAFF AND OURS AGREE ON THE CONTENTS THEREOF, THE PARTIES WILL GIVE THE BODY OF WORK A NAME WHICH WILL APPEAR IN THIS PARAGRAPH. TO EXPEDITE WORK, UPON YOUR REQUEST, WE WILL HAVE MORE THAN ONE OF THESE MODIFICATION AGREEMENTS IN PROCESS AT ANY GIVEN TIME. DESIGN SPECIFICATIONS - THE PROCESS OF IDENTIFYING USER REQUIREMENTS, DOCUMENTING THE RELATED BUSINESS PROCESS FLOWS, AND DESIGNING THE PANELS, FILES AND PROGRAMS RESULTS IN DESIGN SPECIFICATIONS. THESE SPECIFICATIONS MUST BE COMPLETED BEFORE WE CAN GIVE A FIXED PRICE FOR THE CODE BUILD. UPON SIGNING THE APPLICABLE MODIFICATION AGREEMENT, THE PARTIES WILL AGREE UPON A DELIVERY DATE FOR THE DESIGN SPECIFICATIONS. BOTH PARTIES AGREE THAT THEY WILL EACH USE THEIR REASONABLE BEST EFFORTS TO ASSIST EACH OTHER IN MEETING THIS AGREED DATE. ONCE THE DESIGN SPECIFICATIONS ARE COMPLETED AND WE HAVE GIVEN YOU A FIXED PRICE, MILESTONES AND FIRM DELIVERY DATES FOR THE CODE BUILD, YOU CAN ELECT TO PROCEED WITH THE WORK, AMEND ITS SCOPE, OR CANCEL THE MODIFICATION PROJECT ENTIRELY. IF YOU DECIDE TO CANCEL WORK ON THE MODIFICATION, ANY DESIGN CHARGES ALREADY INCURRED ARE NOT WAIVED. IF YOU DECIDE TO PROCEED, WE WILL EACH SIGN A SCHEDULE, TO BE ATTACHED TO THE APPLICABLE MODIFICATION AGREEMENT, DESCRIBING THE APPLICABLE FIXED PRICE, MILESTONES AND FIRM DELIVERY DATES FOR THE CODE BUILD (THE "PROJECT SCHEDULE"). CODE BUILD - ONCE THE PROJECT SCHEDULE IS APPROVED, WE WILL UNDERTAKE CONSTRUCTION OF THE PANELS, FILES AND PROGRAMS NEEDED TO IMPLEMENT THE DESIGN. WE WILL DO THIS IN PARALLEL WITH OTHER DEVELOPMENT PROJECTS. MILESTONES - AS PART OF OUR AGREEMENT, THE PROJECT SCHEDULE WILL CONTAIN DATES AT WHICH PORTIONS OF THE FINAL DELIVERABLE CAN BE EVALUATED BY YOU. IN THIS WAY YOU CAN JUDGE BOTH OUR PROGRESS AND THE DEGREE TO WHICH THE DEVELOPMENT MEETS YOUR UNDERSTANDING OF THE DESIGN SPECIFICATION...
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Examples of Island Pacific in a sentence

  • The address for such notices and communications shall be as follows: IF TO THE COMPANY: Island Pacific, Inc.

  • All communications shall be sent as follows: IF TO THE COMPANY, TO: Island Pacific, Inc.

  • For the avoidance of doubt, the foregoing shall not be deemed to supersede the License Agreement between Island Pacific Systems Corp.

  • Island Pacific and Company are independent entities and shall not have authority to act for or bind the other in any way or to represent that the other is in any way responsible for acts of the other.

  • Island Pacific provides this assurance based upon the scope of work known at the time.

  • If you request, Island Pacific will provide a written project plan, including a timeline, breakdown of expected tasks, site visits and their associated costs before beginning work on an assignment.

  • Requests for visits to you by Island Pacific employees or requests for services to be performed at our site must be made by you in writing.

  • For this reason, there might be times when the Island Pacific employees you request or those qualified to provide the services you require are not immediately available when you want them.

  • In the case of foreign travel, Island Pacific employees will coordinate with Customer's local personnel in making lodging arrangements.

  • Island Pacific will promptly notify Customer of the availability of new Releases.


More Definitions of Island Pacific

Island Pacific means Island Pacific, Inc., previously known as SVI Solutions Inc., a company incorporated under the laws of the State of Delaware, United States of America;
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Island Pacific or "we") are entering into a certain License Agreement for Software Products (the "License Agreement") and a certain Services Agreement (the "Services Agreement"). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the License Agreement. This document will serve as a template agreement between Customer and Island Pacific describing the manner in which modifications to Island Pacific's Software Products desired by Toys R Us are developed and delivered. We both agree to the following terms and conditions: DESCRIPTION OF PROJECT - [ * ] DESIGN SPECIFICATIONS - [ * ] CODE BUILD - [ * ] MILESTONES - [ * ] COSTS - [ * ] DELIVERY - [ * ] ACCEPTANCE - [ * ] SUPPORT - [ * ] INTELLECTUAL PROPERTY - Any modification or enhancement developed by Island Pacific at your request, whether for a fee or not, becomes part of Island Pacific's software products. Title to the program product source code and related documents will remain with Island Pacific. The application will be incorporated into the I3 product suite and will be made available to all Island Pacific users.
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Island Pacific means Island Pacific Systems Corporation, a California corporation.
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Related to Island Pacific

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  • LLC means Limited Liability Company.

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • Asia means Afghanistan, Australia, Bangladesh, Bhutan, Brunei, Cambodia, Mainland China, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Laos, Macau, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, North Korea, Pakistan, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam.

  • CREST means the system for the paperless settlement of trades and the holding of uncertificated securities operated by EUI in accordance with the Uncertificated Regulations, as amended from time to time.