Key Terms and Conditions. Definition Description Unit, Start Date, Rent See Page 1. Deposit $50 (due on signing of this Agreement) Late Charge $10 (due 10 days after Rent is not paid and applies cumulatively to each month of late Rent; for example, if Rent is late for 2 months, the Late Charge is $10 for the first month and $20 for the second month, for a cumulative Late Charge of $30 at the end of the second month.) Lien Handling Charge $20 for registered letter (due 31 days after Rent is not paid; whether or not sale occurs) and $500 for sales costs to dispose of contents if unit does not include an automobile or automobile like item, $1,000 if unit does contain a car or car like item Returned Checks $20 per returned check Lost Access Card $20 per access card
Key Terms and Conditions. The terms and conditions of the Transfer of Shares shall include the following:
Key Terms and Conditions i. The Partner will rent/ lease the Asset(s) to the Lessee for its Business for the Term. The Lessee will in return pay to the Partner, every month “Lease Rent” (exclusive of applicable taxes). The Partner will have the right to proportionately increase or decrease the Lease Rent during the Term to adjust and account for any changes in Applicable Laws, including but not limited to, change in taxes levied by appropriate Governmental Authorities.
Key Terms and Conditions. 1.1 For a list of membership benefits relevant to each category of member, please see the Annex to this agreement.
Key Terms and Conditions. For good and valuable consideration, the receipt and sufficiently of which is hereby acknowledged, the parties hereto, intent to be legally bound, agree as follows:
Key Terms and Conditions. (i) The Agreement shall become effective upon satisfaction of approval of the Agreement and the transactions contemplated thereunder by the Shareholders in accordance with the Listing Rules.
Key Terms and Conditions. An agreement (the "Tax Matters Agreement") was entered into on September 22, 2016 between Valvoline and Ashland, that generally provides that Valvoline is required to indemnify Ashland for the following items: • The utilization of certain legacy tax attributes transferred from Ashland as the result of the Contribution; • Taxes for the pre-IPO period that arise on audit or examination and are directly attributable to the Valvoline business; • Certain U.S. federal, state or local taxes for the pre-IPO period of Ashland and/or its subsidiaries that arise on audit or examination and are not directly attributable to either the Valvoline business or the Ashland chemicals business; • Taxes of Valvoline for the period between the IPO and Distribution that are not attributable to Ashland Group Returns (as defined below); • Taxes of Valvoline for all taxable periods that begin on or after the day after the date of the Distribution; and • Taxes and expenses resulting from the failure of the Contribution or Distribution to qualify for their intended tax-free treatment. For the periods prior to the Distribution, Valvoline was included in Ashland’s consolidated U.S. and state income tax returns and in the income tax returns of certain Ashland international subsidiaries (collectively, the “Ashland Group Returns”). For the taxable periods that began on and after the Distribution, Valvoline is not included in the Ashland Group Returns and files tax returns that include only Valvoline and/or its subsidiaries, as appropriate. Valvoline has joint and several liability with Ashland to the U.S. Internal Revenue Service for the consolidated U.S. federal income taxes of the Ashland consolidated group for the taxable periods in which Valvoline was part of the Ashland Group Returns. Valvoline has joint control with Ashland, over any audit or examination related to taxes for which Valvoline is required to indemnify Ashland. Accordingly, these portions of the Tax Matters Agreement will be settled as examinations of the pre-Distribution periods are completed. Summary of activity Adjustments to the net obligations to Ashland under the Tax Matters Agreement are recorded within Net legacy and separation-related (income) expenses, with any resulting impacts to Valvoline's stand-alone income tax provision recorded in Income tax expense within the Consolidated Statements of Comprehensive Income. In connection with filing the Company's fiscal 2019 income tax returns in the fourth quarter of ...
Key Terms and Conditions. The terms and conditions of the Transfer of Shares shall include the following: For each Share the purchase price shall be the same. All considerations for the Shares shall be paid on the same date and in cash. Each other Shareholder's liability for representations and warranties shall, to the extent legally permissible, be limited to [the same percentage of its purchase price as applicable for the Relevant Selling Shareholder[s]' liability/a maximum of ……….. percent of its purchase price], and be subject to the same time limitations as the Relevant Selling Shareholder[s]' liability. Each other Shareholder shall, upon request by the Relevant Selling Shareholder[s], be obliged to pay the same percentage of its purchase price for the same time periods into an escrow account in favor of the acquirer as the Relevant Selling Shareholder[s]. Disclosures shall only limit the other Shareholders' liability if expressly agreed with the acquirer. Each other Shareholder shall be [severally, and not jointly/jointly and severally with each of the other Shareholders] liable for the representations and warranties. Each other Shareholder shall give the representations and warranties which the acquirer or the Relevant Selling Shareholder[s] may reasonably request[, reflecting such Shareholder's stake in and position with respect to the Company (i.e. founder, senior manager, employee, passive investor, [other]]). Such representations and warranties shall include, but not be limited to, the following: ………………………………………………………………………………………….Representations and warranties regarding the future shall be excluded. Except as otherwise provided for herein and unless the Relevant Shareholders may reasonably request otherwise (in particular because they agreed to such term or condition with respect of their Shares), the terms and conditions of ……………………………………………… regarding representations and warranties, indemnification and remedies shall apply, mutatis mutandis. Each Other Shareholder shall bear its own costs and taxes imposed on it.
Key Terms and Conditions. It is now agreed that Licensor grants Licensee the following Rights: 1. Program(s)/Event(s) Hereinafter individually referred to as the “P rogram /Event”and collectively referred to as the “P rogram s/Events ”. 2. Rights 3. Sublicensing Licensee is not permitted to sublicense the Rights granted herein. 4.
Key Terms and Conditions a) The Locker keys given to you is the Bank’s property, and you undertake to safeguard, not to copy, and acknowledge and agree that you will be personally liable in case of any misuse of the keys and shall bear the cost of a procuring a new keys if required and any other costs or expenses for repairing and opening the Locker.
