PARAGRAPH THREE definition

PARAGRAPH THREE. Should SELLER be interested in factoring the invoices issued in connection with this Agreement, it shall first offer this option to BUYER.

PARAGRAPH THREE. The values were adjusted in accordance with the change in the monthly TR (Taxa Referencial) [Benchmark Rate] issued by Banco Central do Brasil, added to the average annual interest rate paid by SANEPAR for its other loans, as follows: 1998: 8.31% 1999: 8.05% 2000: 8.08% 2001: 8.02% 2002: 8.02%

PARAGRAPH THREE. The guarantee shall cover the period in which the contract is extended, amicably or by law, by accepting (as) guarantor (s), as of now, all adjustments of leases negotiated by Lessee.

Examples of PARAGRAPH THREE in a sentence

• PARAGRAPH THREE All and Singular the Miscellaneous Lands and Real Estate or Rights and Interests therein of the Company now owned, or, subject to the provisions of Section 87 of the Mortgage, hereafter acquired during the existence of this trust.

• PARAGRAPH THREE All and singular the Miscellaneous Lands and Real Estate or Rights and Interests therein of the Company, and buildings and improvements thereon, now owned, or, subject to the provisions of Section 15.03 of the Original Indenture, hereafter acquired during the existence of this trust.

• PARAGRAPH THREE SHARES The amount of the total authorized capital of this corporation is $75,000 as 75,000,000 shares each with a par value of one mill ($.001).

• PARAGRAPH THREE - The information considered confidential according to the terms of the previous paragraph, shall only be used in procedures correlated to the present Statement of Authorization, and Anatel, or any party appointed by it, will answer for any wide or restricted publicizing of said information outside the scope of this use.

• PARAGRAPH THREE: Prior to its publication and application, every regulation for underwriting shares shall be approved by the competent entity or entities.

More Definitions of PARAGRAPH THREE

PARAGRAPH THREE. The fine in concern shall not be due either in case LESSEE redelivers the real estate on an early basis and even before the fulfillment of 50% of the agreement term in virtue of the completion of its activities in the City of Campinas/SP.

PARAGRAPH THREE. Each student shall be responsible for the expenses with life and health insurance policies for the length of their stay abroad, as well as visas and other documents that might be required for entry into the country of destination.

PARAGRAPH THREE. The policies are an essential part of this Contract and will be totally or partially in effect in accordance to what is established in the insurance agreement. PARAGRAPH FOUR: Under no circumstance, will the applicable limitations to these insurance policies be considered as limitations of the responsibility of IDG LATAM in accordance what is established in this Contract.

PARAGRAPH THREE. Quotas "B" are not entitled to any vote in the resolutions of the Quotaholders General Meetings, except any vote affecting the rights or restrictions provided in paragraphs four and five of this Article V.

PARAGRAPH THREE. The Board of Directors shall convene whenever a meeting is called by any of its members, by delivery of a written notice with receipt to all members containing a proposed agenda for such meeting at least 15 (fifteen) days prior to the proposed meeting. Any defect in the calling of the meeting shall be cured by the attendance of all the members of the Board of Directors.

PARAGRAPH THREE. The Company, represented by the Manager, may appoint attorneys-in-fact to perform specific acts or transactions, and such attorneys-in-fact shall be empowered to sign individually or jointly depending on the powers conferred by their respective powers-of-attorney. The powers-of-attorney granted by the Company shall expressly state the powers granted thereunder and shall have a limited term of validity, except for those powers-of-attorney granted with the clause ad-judicia, which shall be for an indefinite term. The granting of powers under powers-of-attorney with the clause ad-negotia are expressly prohibited.

PARAGRAPH THREE. The Company shall deduct losses, as the case may be, from profits. Remaining profits shall be allocated in accordance with resolutions of the holders of a majority of the quotas "A", subject to Article V, Paragraph Four hereof.