Transferred Portion definition
Examples of Transferred Portion in a sentence
CCCIC cannot standby passively and be benefitted by payments made by the Republic, as owner of the Project, to Kawasaki, as contractor, for the Transferred Portion of Work.
Equally without merit is the averment of CCCIC that by executing the Agreement dated August 24, 1989, which gave Kawasaki the right to the profits and benefits corresponding to the Transferred Portion of Work, Kawasaki and FFMCCI colluded or connived to deprive CCCIC of its source of indemnification.
For each Transfer the Master Developer makes regarding a Transferred Portion of the Project, the Master Developer shall use the form Transfer Deed attached hereto as “Exhibit I.” This form Transfer Deed includes an acknowledgment by the Transferee that the Transferee is bound by the terms of the Master Development Agreement and Addendum.
The right of Kawasaki to the profits and benefits corresponding to the Transferred Portion of Work was granted under the Agreement dated August 24, 1989 because Kawasaki was the one that would actually perform the remaining portion of work and complete the Project and should be duly compensated for the same.
Following the Merger, New Topco shall contribute to New GmbH all right, title and interest of New Topco in and attaching to the aggregate amount of issued and outstanding Transferred Company Shares, Transferred Portion Company Shares and Transferred Remaining Company Shares owned by New Topco.
Developer acknowledges that the City will not be obligated to fund such reimbursement from its general fund or other City revenues (other than fees or revenues from the development of such Transferred Portion).
Besides, there is utter lack of basis for the claim of CCCIC that without the compensation for the Transferred Portion of Work, FFMCCI would have no means to indemnify CCCIC for any payments the latter would have to make to Kawasaki under the Surety and Performance Bonds.
The driver must check in the order with store personnel and verify invoicing accuracy.
THE SCHEDULE Bank's Commitment Bank's Outstandings Portion of Commitment Transferred Portion of Outstandings Transferred [Or otherwise insert details of amount transferred] Transferee Bank's Agreed Facility Office for the Facility *Transferor Bank [*Transferee Bank] Address.
The DDAs for both the Development Phase One Property and such Transferred Portion will contain a mechanism for granting priority and security for such reimbursement.