Background of This Agreement Clause Samples
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Background of This Agreement. 1. ▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ hereby confirm that both parties understand the processes of negotiation took place as stated in the following items as a background for executing this Agreement, and mutually confirm that both parties execute this Agreement based on the said background.
(1) ▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ executed the Introduction and Verification Agreement on March 4, 2020, and then examined the project to proceed with commercialization by both parties.
(2) After the completion of the introduction and verification of the preceding item, Pixie and ▇▇▇▇▇▇▇▇ executed the Joint Research and Development Agreements, respectively, on March 5, 2021, June 15, 2021, September 1, 2021, January 20, 2022 and September 16, 2022 and jointly conducted research and development activities for products aiming for solving problems of individuals with deaf and hard-of-hearing.
(3) ▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ have agreed that, in the event where ▇▇▇▇▇ solely uses the results (which means any technical results including inventions, intellectual properties, copyrighted works, know-how, tangible objects, data, software, programs, etc., those obtained based on the research and development activities, and hereinafter referred to as the “Joint Research and Development Result”) obtained in the joint research and development activities, as stated in the preceding item, under Article 12, Paragraph 5 of the said Joint Research and Development Agreement on September 16, 2022, for the purpose of commercializing the System (as stipulated in Article 2, Item 1) and the Product (as stipulated in Article 2, Paragraph 2), Pixie will distribute profits from such commercialization to Sumitomo depending on Sumitomo’s dedications in the research and development of the System and the Product. Based on above, ▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ agreed to conduct the Business (as stipulated in Article 2, Item 4) and on how the profits to be obtained from the Business will be distributed, etc. and hereby reached to the execution of this Agreement.
Background of This Agreement. Parties consider the following:
a. Yieldt is a professional service provider that offers the Yieldt – Crypto Managed Investment – service to the Customer;
b. The Customer wants to use Yieldt’s service provision;
c. The Customer understands that Yieldt provides no financial services as referred to in the Financial Supervision Act (FSA) or provides any other regulated services, and is therefore not supervised by AFM or DNB;
d. By signing this Agreement, Customer confirms to have read the conditions under which Yieldt provides and performs its services and to accept its applicability.
Background of This Agreement. It is considered that: ▪ The ERC is a European organisation, representing member (European and non-European) National Resuscitation Councils, European Associations and individuals engaged in the field of resuscitation. ▪ The CERCP is a national organisation, situated in Spain, that is an authority on resuscitation, recognised by the organisations involved in resuscitation in Spain. ▪ Both organisations are registered as a legal body. ▪ Both parties have signed a contract (agreement or MoU) on structural mutual collaboration, dated 22/01/2016. This contract refers to the possibility of a separate agreement about publications and resuscitation-related materials (other than Guidelines) and about the availability of the training network. The agreement herein sets the conditions for this mutual partnership.
Background of This Agreement. On or about February 11, 2016, City, as landlord, and ▇▇▇▇▇▇, as tenant, entered into a lease agreement for certain submerged lands and upland to be utilized as a marina;
Background of This Agreement. Tasty Fries has developed and is the owner of certain patents, registered trademarks, manufacturing trade secrets, technical know how and engineering designs relating to the manufacture of a certain type of french fry vending machine ("The Product"), more specifically set forth on Exhibit "A" which is attached hereto and incorporated herein. Included in Exhibit "A" is the design of machinery that S & H will manufacture, and the engineering drawings, patents, trademarks, specifications, instructions and other documentary descriptive matter identified in Exhibit "A". S & H desires to obtain the right to use such information contained in the documents identified in Exhibit "A" and to manufacture at its principal place of business the vending machine product described therein.
Background of This Agreement. Parties consider the following:
a. Botsinvest is a professional service provider that offers the Yieldt – Crypto Managed Investment – service to the Customer;
b. The Customer wants to use Botsinvest’s service provision;
c. The Customer understands that Botsinvest provides no financial services as referred to in the Financial Supervision Act (FSA) or provides any other regulated services, and is therefore not supervised by AFM or DNB;
d. By signing this Agreement, Customer confirms to have read the conditions under which Botsinvest provides and performs its services and to accept its applicability.
Background of This Agreement