OR Option 2 definition

OR Option 2. Acknowledgement Required <<Insert >> Note that all Advertising Materials are to be approved by the State prior to publication. Please email: [Contact Person]@[Department].▇▇▇.▇▇▇.▇▇ The State may require the Organisation to acknowledge its support of the State’s Initiative, in addition to the use of the Initiative Artwork and Coat of Arms. You must insert clear details of any written or verbal acknowledgement which the State requires (i.e. when, where and how the Sponsorship Acknowledgement is to be made). You must be clear on the form of acknowledgement that is permitted: sponsorship or partnership. For example: The following text should appear in all Advertising Materials: “Proud [sponsor or partner] of the Queensland Government’s [Initiative Name]”.

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OR Option 2. Sponsorship Fee payable in a lump sum <<Within fourteen (14) days of the Commencement Date, the State will submit a tax invoice to the Organisation for the Sponsorship Fee. The Organisation will pay the Sponsorship Fee to the State by bank cheque made payable to the State or by electronic funds transfer (EFT) to an account nominated by the State, within fourteen (14) days of receipt of the tax invoice from the State.>>

OR Option 2. Sponsorship Fee payable <<$[amount] plus GST payable upon the achievement of the Milestones detailed in Schedule 2.>> If a Sponsorship Fee is payable, you must insert at Schedule 2 the Milestones to be achieved by the Organisation before an instalment of the Sponsorship Fee is payable by the State.

Examples of OR Option 2 in a sentence

• Option 1 Not applicable OR Option 2 The following field in which the Company intends to make commercial use of the Inventions generated under the Project and comprised by clause 6: field description Foreground Knowledge: All information, including any data and/or result, regardless of form and regardless of whether it is or can be protected and intellectual property rights derived thereof, which is generated under the Project by a person employed with or allocated by a Party to the Project.

• Support <<Not applicable (Sponsorship Fee only).>> OR Option 2: In-Kind Support <<Insert>> In-Kind Support will be provided where the State provides goods or services in return for the Sponsorship Entitlements or a portion of the Sponsorship Entitlements, such as advertising space in a Government publication or free bus travel for Initiative attendees.

• Support <<Not applicable (Sponsorship Fee only).>> OR Option 2: In-Kind Support <<Insert>> In-Kind Support will be provided where the Organisation provides goods or services in return for the Sponsorship Entitlements.

• OR [Option 2: The Agreement is entered into for the entire duration of the Project and shall end when all the Partners - have completed their Share of the Work, in accordance with the appendix to this Agreement, entitled “Project Description”, i.e. this Agreement will come into effect on XX and end on XX (XX-month project).

• A change from Option 1 to Option 2 OR Option 2 to Option 1 is also allowed.

• OR Option 2 – Automatically (Recommended) – This is the quickest and easiest option.

• OR Option 2: The Project Plan for Financial Year 1 of the Project is attached as Annexure 1.

• Network: Guest Wifi / PW: ilovewarden8$8$ OR Option 2: WiFi is offered via local internet provider “Locatel” for approximately $60.00/mon.

• OR Option 2 Contractor represents and warrants that it is providing the Solution, Services, and related components hereunder, on terms, including pricing and warranties, that are no less favorable to OSC than those terms provided to any other governmental entity for the same or similar products.

More Definitions of OR Option 2

OR Option 2. In-Kind Support <<Insert>> In-Kind Support will be provided where the Organisation provides goods or services in return for the Sponsorship Entitlements. You should consider whether the relevant obligation constitutes In-Kind support or is a condition on the supply of the Sponsorship Entitlements. You should consider whether the support will offer value to the State. For example an obligation on the Organisation to facilitate a meeting with the State and Stakeholders regarding the delivery of the Sponsorship Entitlements is unlikely to constitute a supply of In-Kind Support. Rather, the obligation should be noted in the Sponsorship Entitlements. It is in the State’s interest to ensure the In-Kind Support is specified as clearly as possible so there is no argument about what the Organisation should be providing. When drafting the In-Kind Support, you should consider the following (as a minimum): What exactly is to be delivered by the Organisation? When will the Organisation deliver the support to the State? Does the State need the support delivered by a certain date? How will the Organisation deliver the support to the State? If applicable, where will the support be delivered by the Organisation? Will there be any costs associated with the delivery of the support? If so, who will bear these costs? For example: Product The Organisation will provide twenty (20) cartons, each containing twenty-four (24) cans of soft drink from its Sunny Delicious range of beverages (ten (10) cartons of lemonade, ten (10) cartons of orange drink and ten (10) cartons of ginger ale) (Product), for use by the State at the conference to be held as part of the Initiative at Parliament House at 10 am on 5

OR Option 2. In-Kind Support <<Insert>> In-Kind Support will be provided where the State provides goods or services in return for the Sponsorship Entitlements or a portion of the Sponsorship Entitlements, such as advertising space in a Government publication or free bus travel for Initiative attendees. You should consider whether the relevant obligation constitutes In-Kind support or whether the obligation is a condition of the contract and not a separate consideration for the supply of Sponsorship Entitlements. For example, an obligation on the State to facilitate a meeting with the Organisation and Stakeholders to facilitate the delivery of the Sponsorship Entitlements is unlikely to constitute a supply of In-Kind Support. Rather, the obligation should be noted in the Sponsorship Entitlements. It is in the State’s interest to ensure the In-Kind Support is specified as clearly as possible so there is no dispute about what the State should be providing. When drafting the In-Kind Support, you should consider the following (as a minimum): What exactly is to be delivered by the State? When will the State deliver the support to the Organisation? Does the Organisation need the support delivered by a certain date? How will the State deliver the support to the Organisation? If applicable, where will the support be delivered by the State? Will there be any costs associated with the delivery of the support? If so, who will bear these costs? For example: Product The State will provide the Organisation with 20,000 free day passes for travel on public transport to facilitate attendance at the Initiative to be held at the Brisbane Convention and Exhibition Centre on 1 June 2018. The day passes will be delivered by the State to the Organisation by 15 May 2018. Venue The State will provide the Organisation with reduced venue hire for the Initiative to be held at [venue] between 9 am and 12 noon on 1 April 2018. [Details of the reduction in venue hire price]. Staff The State will provide the Organisation, at no charge to the Organisation, additional Queensland Police Service rostered officers to control the CBD street procession as part of the Initiative to be held at South Bank Parklands, Brisbane between 12 noon and 2 pm on 1 September 2018. Clause 1.1, 8.4 and 8.5 Reasonable market value of In-Kind Support Please choose one option from below and delete the other, depending on whether the State is providing In-Kind Support. Option 1: No In-Kind Support <<Not applicable.>> OR Option ...

OR Option 2. Other than MSME (Manufacturing) Enterprise.

OR Option 2. [COMMISSION RATE] ($XX.XX) per LCFS Credit ("Maximum Rate").] The actual fee ("Fee"), which Anaheim will pay Broker for a particular Transaction, shall equal that rate set forth in the applicable Broker Bid; provided, the Fee does not exceed the Maximum Rate. No Fee shall be deemed earned by Broker until such time that (i) payment for these LCFS Credits is received in full from the Buyer, (ii) the LCFS Credits set forth in the Transaction Agreement are completely transferred as confirmed by CARB, as applicable, and (iii) Broker is the sole procuring cause of the Transaction in conformance with Section 6(a) (collectively, "Fee Payment Conditions").