CONTRACTUAL COMMITMENT Clause Samples

CONTRACTUAL COMMITMENT. The student, upon successful completion of his/her studies, will be expected to work in a South African based company in the steel and engineering manufacturing sector for six (6) months in respect of every year for which the Bursary has been awarded. Students will be required to supply SEIFSA with confirmation of employment on an annual basis. • Wherever possible the adopting Company and SEIFSA will arrange for experiential learning for the student. • Should the student fail to meet the terms and conditions of the proposed award or withdraw from the course of study or obtain financial assistance from somewhere else without advising the Administration, the bursary / assistance will be cancelled. • In the event of the student being offered employment by the adoptive Company or within the steel and engineering manufacturing sector after the successful completion of studies, and not being able to fulfil this obligation, SEIFSA will be entitled to recover the total costs incurred plus interest at current bank overdraft rate or such lesser amount as SEIFSA at its sole discretion may determine. • Should SEIFSA or adopting Company be unable to offer employment within 18 months of the successful completion of studies, the student will be released of his/her indebtedness to SEIFSA.
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CONTRACTUAL COMMITMENT. This Contractor’s Agreement, along with the Site Environmental Management Plan (SEMP) forms part of the induction package and is a contract between the homeowners, the contractor and the Vulintaba HOA. This contract is valid for the entire duration of the building period until the completion and occupation certificate for the house has been issued by the Vulintaba HOA. All contractors are required to submit a Site Environmental Management Plan (SEMP).
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CONTRACTUAL COMMITMENT. Breach: This Contractor’s Agreement along with the Site Environmental Management plan (SEMP) forms part of the induction package and is a contract between the homeowner, the contractor and the “THE ASSOCIATION”. This contract is valid for the entire duration of the building period until the completion certificate for the house is issued by the “THE ASSOCIATION”. All contractors are required to submit a Site Environmental Management Plan (SEMP)
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CONTRACTUAL COMMITMENT. The parents declare that they are aware of the reception plan, undertake to respect it and adhere to it. Done in duplicate onClick here to enter a date., each of the parties acknowledging having received the The host environment respects privacy. The personal data collected in this document is essential for the proper management of the reception of your child and is processed in accordance with the provisions of the law of 30 July 2018 relating to the protection of individuals with regard to the processing of personal data and Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of individuals with regard to the processing of personal data and on the free movement of such data ( GDPR). In concrete terms, this means in particular that: personal data may only be collected and processed for the aforementioned purposes; personal data will not be communicated to third parties; you have the right to consult your personal data and you can check their accuracy and have any errors concerning them corrected. For this purpose, you can contact the address: ▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ All the steps related to the registration procedure remain the same for the reception of a child over 6 months old, with the exception of the following provisions: (to be completed by the parents and the host environment) As part of the activities organized within the host environment, I the undersigned, Parent/Legal guardian of (Child's first and last name) ☐▇▇▇▇ my agreement☐mark my disagreement: ☐for taking photographs and making videos in the host environment (for educational, etc.). ☐for displaying photographs and presenting videos in the reception area. ☐dissemination of photographs and/or videos. (*) - On the host institution's website. - On the Internet. - On social networks. - For publications (host environment folder, ONE brochure, etc.). - In the media (television, etc.).
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CONTRACTUAL COMMITMENT. It is the express intent of the parities that this Contract shall govern all shipments tendered to the Service Provider by Shipper and that the published rates filed with the Interstate Commerce Commission shall not apply to any Shipper shipment.
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CONTRACTUAL COMMITMENT. You are insured for the amount you are legally liable to pay under contracts for purchases unavoidably not used during the indemnity period resulting from any interruption to or interference with your business solely as a result of insured damage, less any sums received or receivable by you in respect of such purchases through any salvage handling operations or resale. You are insured for any key money you have to pay:
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CONTRACTUAL COMMITMENT. The Project is operated by the City of Galesburg which, in an agreement dated November 16, 1992, contracts with Galesburg Transit, Inc. for bus services. The contract requires the City to finance the operating deficits of the Project up to annually approve limits. This information is an integral part of the accompanying financial statements Page 5 401 Passenger fares for transit services $ 55,577 402 Special transit fares 9,963 403 School Bus Service - 404 Freight Tariffs - 405 Total charter service revenues - 406 Auxiliary revenue 22,741 407 Non-transportation revenue - 407 .99 Sec. 5307 force acct & admin cost reimbursement - 411 State cash grants and reimbursement - other than - Downstate Operating Assistance - 412 State special fare assistance - 413 Federal cash grants & reimbursement 304,335 413 .99 Sec. 5307 capital funds applied to state eligible op. expenses - .99 Job Acess Reverse Commute & New Freedom - 414 Interest income 9 440 Subsidy from other sectors of operations - Total Operating Revenues $ 392,625 Operating Expenses 501 Labor $ 873,951 503 Professional services 84,038 504 Materials & supplies consumed 216,020 505 Utilities 25,560 506 Casualty & liability 135,379 507 Taxes - 508 Net purchased transportation - 509 Miscellaneous expense 35,314 511 Interest expense - 512 Leases, rentals, and purchase-lease payments - - Total Operating Expenses $ 1,701,133 Ineligible Expenses: APTA and IPTA dues 360 Other: N/A Less Total Ineligible Expenses $ 360 Total Eligible Operating Expenses $ 1,700,773 Revised 01/06/17 DPIT- OP-ASRE-DOAP close of fiscal year and subsequently received) $ 277,179 FY 18 Downstate Operating Assistance (Over) Under Paid $ 0 Prepared By: See Attached Independent Auditors' Report Title: See Attached Independent Auditors' Report Reviewed by PCOM: Date: Signature PCOM Type PCOM Name Reviewed by Grantee: Date: Authorized Representative Signature Authorized Rep Type Name of Authorized Rep CPA Approval: See Attached Independent Auditors' Report Date: See Attached Independent Auditors' Report Revised 01/08/17 DPIT-OP-ASRE-DOAP Year ended June 30, 2018 Project service revenues: Passenger and other fares $ 65,540 Other nontransportation revenue 22,750 88,290 Project Expenses 1,701,133 Less ineligible expenses 360 1,700,773 Approved operating (deficit) (1,612,483) Cash grants: Federal government 304,335 State government 1,105,502 1,409,837 Approved operating (deficit) in excess of federal and state cash grants $ (202,646) REPORT ON INTE...
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Related to CONTRACTUAL COMMITMENT

  • No Commitment None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the Borrower.

  • Time Commitment The Advisor shall, and shall cause its Affiliates and their respective employees, officers and agents to, devote to the Company such time as shall be reasonably necessary to conduct the business and affairs of the Company in an appropriate manner consistent with the terms of this Agreement. The Company acknowledges that the Advisor and its Affiliates and their respective employees, officers and agents may also engage in activities unrelated to the Company and may provide services to Persons other than the Company or any of its Affiliates.

  • Revolving Commitment Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Borrowers from time to time from the Effective Date until the Termination Date, or such earlier date as the Revolving Commitments shall have been terminated as provided herein for the purposes hereinafter set forth (provided, that, all Revolving Loans made prior to the Effective Time (as defined in the Merger Agreement) shall be made to Speedway Funding); provided, however, that (x) the sum of the aggregate principal amount of outstanding Revolving Loans at any time shall not exceed the Revolving Committed Amount and (y) the sum of the aggregate principal amount of outstanding Revolving Loans on the Effective Date shall not exceed $20,000,000 (which outstanding amount shall result only from borrowings of Revolving Loans the proceeds of which are used to finance the Offer (as defined in the Merger Agreement) and for fees and expenses related to the Merger); provided, further, (i) with regard to each Revolving Lender individually, such Lender’s share of outstanding Revolving Obligations shall not exceed such Lender’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Revolving Lenders collectively, the aggregate principal amount of outstanding Revolving Obligations shall not exceed ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may from time to time be increased pursuant to Section 2.6 or reduced as provided in Section 3.3). Revolving Loans may consist of Base Rate Loans or Eurodollar Loans, or a combination thereof, as the Borrowers may request and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, that no more than six Eurodollar Loans shall be outstanding hereunder at any time with respect to Revolving Loans. For purposes hereof, Eurodollar Loans with different Interest Periods shall be considered as separate Eurodollar Loans, even if they begin on the same date and have the same duration, although borrowings, extensions and conversions may, in accordance with the provisions hereof, be combined at the end of existing Interest Periods to constitute a new Eurodollar Loan with a single Interest Period.

  • No Commitments Any commitment or transaction by Company (including, without limitation, any borrowing or capital expenditure) other than in the ordinary course of business consistent with past practice;

  • L/C Commitment (a) Subject to the terms and conditions hereof, each Issuing Lender, in reliance on the agreements of the other Lenders set forth in Section 3.4(a), agrees to issue Letters of Credit upon the request and for the account of the Borrower (and for the benefit of the Borrower or any Subsidiary of the Borrower) on any Business Day during the Revolving Commitment Period in such form as may be approved from time to time by such Issuing Lender; provided that no Issuing Lender shall issue any Letter of Credit if, (i) after giving effect to such issuance, (A) the L/C Exposure would exceed the L/C Commitment or (B) the aggregate amount of the Available Revolving Commitments would be less than zero or (C) unless otherwise agreed to by such Issuing Lender, the L/C Exposure with respect to all Letters of Credit issued by such Issuing Lender would exceed such Issuing Lender’s Specified L/C Commitment or (ii) such Issuing Lender shall have received written notice from the Administrative Agent or the Borrower, at least one Business Day prior to the requested date of issuance or amendment of the applicable Letter of Credit, that one or more applicable conditions contained in Section 5.2 shall not have been satisfied. On the Restatement Effective Date, each Existing Letter of Credit shall be deemed to be a Letter of Credit issued hereunder for the account of the Borrower. Each Letter of Credit shall (i) be denominated in Dollars and (ii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date (as it may be extended, so long as the Available Revolving Commitments of all Continuing Lenders would equal or exceed zero following such extension); provided, however, that any Letter of Credit, whether newly requested or an existing Letter of Credit that is extended or automatically renewed, may have an expiration date after the Revolving Termination Date (so long as such expiration date remains in compliance with clause (x) above) so long as the Borrower cash collateralizes such Letter of Credit at 101% of the available face amount of such Letter of Credit on or prior to the date which is five Business Days prior to the Revolving Termination Date and the Administrative Agent and the relevant Issuing Lender providing such Letter of Credit agree to such expiration date at the time such Letter of Credit or extension is requested or at the time such existing Letter of Credit is to be automatically renewed, as applicable; provided further that any Letter of Credit (other than a Letter of Credit to which Section 2.18(c)(ii) applies) with a one-year term may provide for the renewal thereof for additional one-year periods (which shall only extend beyond the date referred to in clause (y) above if the condition described in the first proviso of this sentence is satisfied). (b) No Issuing Lender shall at any time be obligated to issue any Letter of Credit if (i) any order, judgment or decree of any Governmental Authority or arbitrator having jurisdiction over the Issuing Lender shall by its terms (x) purport to enjoin such Issuing Lender from issuing such Letter of Credit, or any Requirement of Law applicable to such Issuing Lender shall prohibit such Issuing Lender from the issuance of letters of credit, generally, or such Letter of Credit, in particular or (y) impose upon such Issuing Lender with respect to any such Letter of Credit any reserve, capital or liquidity requirement (for which such Issuing Lender is not compensated hereunder or otherwise by agreement of the Borrower) not in effect on the Restatement Effective Date or impose on such Issuing Lender any loss, cost or expense (for which such Issuing Lender is not compensated hereunder or otherwise by agreement of the Borrower) which such Issuing Lender in good ▇▇▇▇▇ ▇▇▇▇▇ material to it or (ii) the issuance of such Letter of Credit would violate the legal, regulatory or compliance policies of such Issuing Lender applicable to letters of credit generally, in each case, to the extent such policies and prohibitions are implemented to comply with applicable law or regulation binding upon such Issuing Lender and are being applied with respect to the Borrower consistently with such application thereof to all similarly situated Borrowers under similar circumstances.