Business Value Clause Samples

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Business Value. Both the Seller and AsiaFIN hereby agreed the business value of StarFIN to be US$9,055,242 (“Business Value”). The Business Value includes, comprises, covers all the customers, fixed assets, cash and cash equivalents, liabilities of StarFIN as at the date of December 22, 2022. The Seller will produce and provide a set of financial statements as at December 31, 2021 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that StarFIN is a going concern entity and the Seller hereby confirmed that StarFIN is a going concern entity.
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Business Value. Both the Seller and GRNQ hereby agreed the business value of A&G to be HK$7,423,260 i.e. equivalent to US$957,840(Exchange rate: $1.00=HK$7.75) (“Business Value”). The Business Value includes, comprises, covers all the customers, fixed assets, cash and cash equivalents, liabilities of A&G as at the date of April 30, 2015. The Seller will produce and provide a set of financial statements as at April 30, 2015 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that A&G is a going concern entity and the Seller hereby confirmed that A&G is a going concern entity.
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Business Value. Both the Sellers and GRNQ hereby agreed the business value of GPVC to be US$7,962,000 (“Business Value”). The Business Value includes, comprises, and covers all the customers, fixed assets, investment, cash and cash equivalents, liabilities of GPVC as at the date of September 30, 2015. The Sellers will prepare and provide a set of financial statements as at September 30, 2015 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that GPVC is a going concern entity. The Sellers hereby confirmed that GPVC is a going concern entity.
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Business Value. Both the Sellers and Buyer hereby agreed the business value of JustLorry to be MYR78,000,000 (“Business Value”). The Business Value includes, comprises, covers all the customers, fixed assets, cash and cash equivalents, liabilities of JustLorry as at the date of December 31, 2022 (the “Closing Date”). The Sellers will produce and provide a set of financial statements as at December 31, 2022 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that JustLorry is a going concern entity and the Sellers hereby confirmed that JustLorry is a going concern entity.
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Business Value. Both the Sellers and GRNQ hereby agreed the business value of Yabez to be HK$3,265,447 i.e. equivalent to US$421,348(Exchange rate: $1.00=HK$7.75) (“Business Value”). The Business Value includes, comprises, covers all the customers, fixed assets, cash and cash equivalents, liabilities of Yabez as at the date of April 30, 2015. The Sellers will produce and provide a set of financial statements as at April 30, 2015 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that Yabez is a going concern entity and the Sellers hereby confirmed that Yabez is a going concern entity.
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Business Value. Both the Sellers and GRNQ hereby agreed the business value of BSHL to be HK$15,400,000 i.e. equivalent to US$1,987,097 (Exchange rate: $1.00=HK$7.75) (“Business Value”). The Business Value includes, comprises, covers all the assets including customers, fixed assets, cash and cash equivalents, liabilities of BSHL as at the date of March 31, 2017. The Sellers will produce and provide a set of financial statements as at March 31, 2017 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that BSHL is a going concern entity and the Sellers hereby confirmed that BSHL is a going concern entity.
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Business Value. The value of each owner’s respective interest in said business (including not only physical assets but also good will, all intangible assets, use of the firm name, and all profits earned to the date of sale) for the purpose of sale on the withdrawal or retirement, the disability or the death of an owner shall be the value set forth in Schedule A attached to this agreement and made a part hereof. Each year the owners shall establish a value for the business and their respective interests (either by affirmation of the immediately preceding value or by establishment of a new value) and such valuation shall be endorsed on Schedule A and signed by each owner and shall be the sale price for their respective interests. If the parties fail in any year to so establish a value, the immediately preceding established value shall control; provided, however, that if no value shall have been affirmed or established within two years prior to accountants is vital. This sample document is provided solely for informational referential purposes and does not constitute tax, legal or financial advice. the withdrawal or death of an owner, the value of an owner’s interest shall be established by the independent accountant usually retained to audit the books of the business. If no such accountant is regularly retained, the valuation shall be established by a certified public accountant acceptable to the business and the executor or administrator of the deceased owner.
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Business Value. Standards should support business processes, be tied to trading partner needs and demonstrate its business value. In order to provide this value, standards should be created pragmatically, only in response to business requirements coming from trading partners, where there is a genuine intention to implement. The definition of the standards is driven by the business needs of trading partners. The overall cost of implementation of standards needs to be considered aiming to achieve the best overall value for the total supply chain. Savings in one part of the supply chain could result in larger efforts and/or costs elsewhere in the same supply chain. Impacts for implementing and maintaining standards need to be taken into account. Costs and benefits should be spread fairly across participants.
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Related to Business Value

  • STIPULATED LOSS VALUE If for any reason any unit of Equipment becomes worn out, lost, stolen, destroyed, irreparably damaged or unusable ("CASUALTY OCCURRENCES") Lessee shall promptly and fully notify Lessor in writing. Lessee shall pay Lessor the sum of (i) the Stipulated Loss Value (see Schedule) of the affected unit determined as of the rent payment date prior to the Casualty Occurrence; and (ii) all rent and other amounts which are then due under this Agreement on the Payment Date (defined below) for the affected unit. The Payment Date shall be the next rent payment date after the Casualty Occurrence. Upon Payment of all sums due hereunder, the term of this lease as to such unit shall terminate.

  • Rental Value Lessor shall also obtain and keep in force during the term of this Lease a policy or policies in the name of Lessor, with loss payable to Lessor and any Lender(s), insuring the loss of the full rental and other charges payable by all lessees of the Building to Lessor for one year (including all Real Property Taxes, insurance costs, all Common Area Operating Expenses and any scheduled rental increases). Said insurance may provide that in the event the Lease is terminated by reason of an insured loss, the period of indemnity for such coverage shall be extended beyond the date of the completion of repairs or replacement of the Premises, to provide for one full year's loss of rental revenues from the date of any such loss. Said insurance shall contain an agreed valuation provision in lieu of any co-insurance clause, and the amount of coverage shall be adjusted annually to reflect the projected rental income, Real Property Taxes, insurance premium costs and other expenses, if any, otherwise payable, for the next 12-month period. Common Area Operating Expenses shall include any deductible amount in the event of such loss.

  • MEASURING EQUIPMENT 1. Seller will maintain and operate, at its own, expense and at the point of delivery of gas hereunder, a meter or meters and other necessary equipment by which the volume of gas delivered hereunder shall be measured. Such meters and equipment shall remain the property of the Seller. 2. ▇▇▇▇▇ agrees to furnish to Seller for operating Seller's meters, at not cost to Seller. 3. ▇▇▇▇▇ agrees to change the charts on meters at no cost to Seller and forward same to Seller. 4. Buyer hereby grants to Seller suitable rights-of-way and easements necessary or incidental for the installation, maintenance, operation and removal of pipeline and other facilities together with rights of ingress thereto and egress there from at all times and hereby agrees to deliver to Seller, for the sum of one dollar ($1 .00), an appropriate instrument or grant defining such rights and easements located on Buyer's plant site. 5. Buyer may install, maintain and operate such check measuring equipment, including a recording gravitometer and calorimeter as it shall desire, provided that such equipment shall be so installed so as not to interfere with the operation of Seller's measuring equipment at or near the point of deliver. However, all ▇▇▇▇▇▇▇▇ to the Buyer shall be based on the metering of the Seller, subject only to the provisions of Paragraph 8 of this Article. 6. Each party shall have the right to be present at the time of any installing, reading, cleaning, changing, repairing, inspecting, testing, calibrating, or adjusting done in connection with the other's measuring equipment used in measuring deliveries hereunder and each party shall advise the other of any intended major maintenance operation sufficiently in advance in order that the other party may conveniently have its representative present. 7. All installation of measuring equipment, applying to or effecting deliveries hereunder, shall be made in such manner as to permit an accurate determination of the quantity of gas delivered and ready verification of the accuracy of measurement. Orifice meter installations, if used, shall conform to the recommendation for design and installation contained in the Gas Measurement Committee Report No. 3 to the American Gas Association published April, 1955, and any modifications and amendments thereof and shall include the use of flange connections. 8. Measurement on meter or meters shall be conclusive of both parties except where the meter is defective or fails to register, or if found in error, in either of which case Seller shall (a) By using the registration of any check meter if installed and accurately registering, or, in the absence of (a): (b) By correcting the error if the percentage of error by calibration, test or mathematical calculation, or, in the absence of both (a) and (b) then: (c) By estimating the quantity of delivery from deliveries during periods under similar conditions when the meter was registering accurately; and an appropriate billing adjustment shall be made in accordance wtth the current Rules and Regulations governing gas systems issued by the Commission. 9. Seller will maintain its meters in good order and to this end will make periodic tests of its meters pursuant to the current Rules and Regulations governing gas systems issued by the Commission, or at such shorter intervals as seem to Seller desirable. If ▇▇▇▇▇ is dissatisfied with the accuracy at any time, it may call upon Seller to have the meter tested ·in accordance with all regulations relating to such tests and results of such tests as found in the current Rules and Regulations governing gas systems issued by the Commission. 10. Each party shall preserve all records for a period of at least two (2) years.

  • SIGNIFICANT LANDS INVENTORY FINDING Find that this activity is consistent with the use classification designated by the Commission for the land pursuant to Public Resources Code section 6370 et seq.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.