Acceptance and Acknowledgement Clause Samples
The Acceptance and Acknowledgement clause establishes that the parties involved formally recognize and agree to the terms and conditions set forth in the agreement. Typically, this clause requires each party to confirm, often in writing or by signature, that they have read, understood, and accepted the contractual obligations. Its core practical function is to provide clear evidence that all parties are aware of and consent to the agreement, thereby reducing the risk of future disputes over whether the terms were understood or accepted.
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Acceptance and Acknowledgement. Participant hereby accepts and agrees to be bound by all of the terms, provisions, conditions and limitations of the Plan and any subsequent amendment or amendments thereto, as if it had been set forth verbatim in this Award. Participant shall be deemed to have timely accepted this Agreement and the terms hereof if Participant has not explicitly rejected this Agreement in writing to the Company within sixty (60) days after the Grant Date. Participant hereby acknowledges receipt of a copy of the Plan, this Agreement and Appendix A. Participant has read and understands the terms and provisions thereof, and accepts the Restricted Units and DERs subject to all of the terms and conditions of the Plan and this Agreement. Participant acknowledges that there may be adverse tax consequences upon payment of DERs and/or the vesting or settlement of the Restricted Units or disposition of the underlying Units and that Participant has been advised to consult a tax advisor prior to such vesting, settlement or disposition.
Acceptance and Acknowledgement. Via electronic ACCEPT, I accept the Award Agreement described herein and in the Plan, acknowledge receipt of a copy of this Award Agreement and the Plan Prospectus, and acknowledge that I have read them carefully and that I fully understand their contents.
Acceptance and Acknowledgement. I accept the Award described herein and in the Plan, acknowledge receipt of a copy of this Agreement and the Plan, and acknowledge that I have read them carefully and that I fully understand their contents.
Acceptance and Acknowledgement. All Purchase Orders submitted at least […***…] prior to the start of the Working Segment for Wafers shall be accepted by Company up to the Wafer Volume Commitment and as specified in Section 2.1(d) (Requirements in Excess of the Wafer Volume Commitment), and may be accepted by Company in all other cases. Subject to the terms of this Supply Agreement, once Company accepts a Purchase Order, it will be obligated to produce and deliver the Wafers in the volumes specified in the Purchase Order (subject to the applicable Planning Yield Assumption), and Conexant will be obligated to purchase such Wafers in the volumes specified in the Purchase Order. Within […***…] after receipt of each Purchase Order or Purchase Order Release or, if received on a non-business day or on the day prior to a non-business day, within […***…], Company will acknowledge such Purchase Order or Purchase Order Release in writing by either fax or e-mail notice to Conexant’s purchasing agent identified on the face of the Purchase Order or Purchase Order Release. Such acknowledgement will include Company’s projected delivery date for the order; provided that, in establishing such delivery date, Company shall use reasonable efforts to comply with the delivery dates specified in Conexant’s Purchase Order Release. The Wafer process cycle times set forth in Exhibit E (Wafer Cycle Times) shall be updated each Segment. If at any time during the production of such Wafers Company believes or becomes aware that the delivery may be delayed by more than […***…], Company shall provide Conexant with written notice of such change in the delivery schedule and the quantity of Wafers affected. Such report shall be referred to as an “Exception Report” and any Wafer Lots not specifically identified in an Exception Report shall be delivered by Company no later than the delivery date specified in the Purchase Order Release. Purchase Orders or Purchase Order Releases not acknowledged or rejected by Company within such time will be deemed accepted by Company.
Acceptance and Acknowledgement. I, a resident of the State ofFlorida, accept the non-qualified stock option described in the Non-Qualified Stock Option Agreement dated as ofMay 21, 1997 and in the Top Source Technologies, Inc. 1993 Stock Option Plan, as amended, and acknowledge receipt of a copy of this Agreement. I have read and understand all the provisions and limitations of the Plan, particularly those relating to non-qualified stock options and the provisions of Section 15 of the Plan relating to securities regulations. Dated: As of May 21, 1997 /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. ------------------------------ Signature Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Jr. Address: TOP SOURCE TECHNOLOGIES, INC. NOTICE OF EXERCISE OF NON-QUALIFIED STOCK OPTION ------------------------------ (Name, please print) ------------------------------ (Date) TOP SOURCE TECHNOLOGIES, INC. ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Gentlemen: I hereby exercise my right to purchase _______________ shares of Common Stock of Top Source Technologies, Inc., a Delaware corporation (the"Company"), pursuant to, and in accordance with, the Top Source Technologies, Inc. 1993 Stock Option Plan and the Non-Qualified Stock Option Agreement ("Agreement") dated as of , 1997. As provided in that Agreement, I hereby: [check one] [ ] deliver herewith a certified or bank cashier's check in the amount of the aggregate option exercise price; or [ ] undertake to deliver shares of the capital stock of the Company held by me having a fair market value at the time of exercise, as determined in good faith by the Plan Administrator, equal to the aggregate option exercise price. Please deliver to me stock certificates representing the subject shares registered as follows: Name:___________________________________________ Address:_________________________________________ ------------------------------------------------ Social Security Number ____________________________ The aggregate exercise price is $ _________ (total number of shares to be purchased x $--------).
Acceptance and Acknowledgement. Section 3.5 Wafer Lot Expedites
Acceptance and Acknowledgement. 13.1 The Client(s) hereby accepts the quotation from The Planner to render and supply all services and materials as agreed upon on these terms and conditions as stated herein. The Client(s) by signing this contract acknowledges that they have read and understood the terms and conditions and agrees to all of the
Acceptance and Acknowledgement. I/We have read each document comprising the Agreement and accept the offer of the facility set out in the Agreement. I/we acknowledge that the Agreement represents the entire agreement between me/us and Westpac NZ in respect of the facility and that it replaces all earlier representations, warranties, understandings and agreements, whether oral or written between me/us and Westpac NZ in respect of the facility. I/We acknowledge that for the purposes of initial disclosure under the Credit Contracts and Consumer Finance Act 2003 (if this Agreement is a consumer credit contract for the purposes of that Act) I/we have been provided with a completed copy of the Agreement (including a copy of the Westpac NZ General Terms and Conditions brochure and the Transaction and Service Fees or Business Transaction and Service Fees brochures) and the Security (if any) and other documentation relating to the facility. Example Customer …………………………………… Signature Dated:
Acceptance and Acknowledgement. The Purchaser doth hereby, agree, accept and covenant with each of the Vendors as follows:
(i) Inspection of Plan, Fixtures, Fittings: The Purchaser has, inter alia, inspected, perused and/or verified:
(a) All the documents relating to the title of the Vendors to the Said Land.
(b) All the documents, inter alia, the First Development Agreement and the Second Development Agreement, relating to the right of the Developer to execute the Said Project.
(c) The plan of the Unit of the Purchaser, the Said Block and the Said Phase as sanctioned by the Sanctioning Authority.
(d) The construction and workmanship of the Said Block and the Unit of the Purchaser and the condition and description of all the fixtures and fittingsinstalled and/or provided therein and also as to the amenities and facilities appertaining to the Said Apartment.
(e) The measurement of the Carpet Area of the Unit of the Purchaser.
Acceptance and Acknowledgement. Before signing these Details, you should read the General Terms & Conditions, as the General Terms & Conditions and these Details form your loan agreement with us. If you do not understand anything in these documents, you should seek independent advice. You should keep these Details and the attached General Terms & Conditions in a safe place.