Examples of SP Agreement in a sentence
The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the S&P Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.
If the Participant who has made application to receive services under the NFIB/Ohio SP wishes to rescind the application and terminate services under the SP Agreement, Participant agrees to request such action in writing and direct such request to the SP Administrator.
According to the Second S&P Agreement, the Holder and the Acquired Company jointly and severally guarantee that the Target Company’s net profit after tax for the years ending 31 March 2017 and 31 March 2018 shall not be less than RMB37.5 million and RMB50 million (the “Guaranteed Amounts”) respectively.
Details of the S&P Agreement are set out in the Company’s announcement dated 31 August 2010.
If the S&P Agreement is not completed in accordance with its terms because of the default of Fulwealth, Fulwealth shall refund the Deposit to the Purchaser.