DESIGNATED UNIT Sample Clauses

The 'Designated Unit' clause defines a specific unit, department, or entity within an organization that is responsible for carrying out certain obligations or receiving particular rights under the agreement. In practice, this clause identifies which part of a company—such as a particular branch, division, or office—will be involved in the contract's performance, such as handling deliveries, managing payments, or providing services. By clearly specifying the responsible unit, the clause ensures clarity in operational responsibilities and helps prevent confusion or disputes about which part of the organization is accountable for fulfilling contractual duties.
DESIGNATED UNIT. SAID UNIT/ APARTMENT shall mean the Unit described in Part-I of the Second Schedule hereunder written and may include the right of parking motor car at the Parking Space, if so and as specifically mentioned in such Part-I of the Second Schedule hereunder written and wherever the context so permits shall include the Appurtenances;
DESIGNATED UNIT. ALL THAT the flat being Unit No. containing a carpet area of Square feet more or less along with balcony area of Square feet more or less and a total built-up area of Unit (i.e. Carpet Area + Balcony Area+ External Walls of the Unit and share of Common External Walls) of Square feet and a total standard built-up area ( i.e. Built up area + proportionate share of common area) of square feet more or less on the floor of the Block of the Building Complex namely Tanzanite-Gems City at the said premises and shown in the Unit Plan annexed hereto duly bordered thereon in “RED”. 1. Signature Name 2. Signature Name Promoter: 1. Signature Name SCHEDULE – B Allottee: 1. Signature Name Promoter: 1. Signature 2. Signature Name SCHEDULE – C PART - I PAYMENT PLAN FOR “TOTAL PRICE
DESIGNATED UNIT. The Software and Third-Party Database must be promptly deleted in their entirety from the Designated Unit no longer in use and from each back-up copy for that Designated Unit.
DESIGNATED UNIT. In pursuance of the said agreement and in consideration of the sum of Rs. (Rupees ) only by the Purchaser to the Developer paid at or before the execution hereof (the receipt whereof the Developer doth hereby as also by the receipt and memo of consideration hereunder written admit and acknowledge and of and from the payment of the same and every part thereof, both the Developer and the Vendors do acquit release and forever discharge the Purchaser and the Designated Unit hereby conveyed and transferred unto and to the Purchaser by delivering or hand over of the vacant and peaceful possession of the same simultaneously with the execution of these presents), Vendors doth hereby convey transfer and assure and the Developer doth hereby concur and confirm unto and to the Purchaser ALL THAT the proportionate undivided share in the land comprised in the said Properties morefully and particularly mentioned and described in the FIRST SCHEDULE hereunder written and hereinafter referred to as “the SAID PROPERTIES” attributable to the Designated Unit AND the Developer doth hereby convey transfer and assure and the Vendors do hereby concur and confirm unto and to the Purchaser ALL THAT the Designated Unit being the Flat bearing Unit No. containing a total carpet area (includes the area of the flat and the exclusive verandah) of Square feet more or less on the floor of the Block- of the Complex at the said Properties And covered car parking space/s on the ground floor of the Designated Block bearing No. / open car parking space/s at the ground level of the said Properties bearing No. morefully and particularly mentioned and described in the SECOND SCHEDULE hereunder written AND TOGETHER WITH right to use the Common Areas and Installations in common with the Vendors, Developer and other persons permitted by the Vendors and/or the Developer AND reversion or reversions remainder or remainders and the rents issues and profits of and in connection with the Designated Unit AND all the estate right title interest property claim and demand whatsoever of the Vendors into or upon the Designated Unit TOGETHER WITH easements quasi-easements and other stipulations and provisions in connection with the beneficial use and enjoyment of the Designated Unit belonging to the Purchaser in common with the other Co-owners TO HAVE AND TO HOLD the Designated Unit and the Appurtenances unto and to the use of the Purchaser absolutely and forever SUBJECT TO the Purchaser’s acknowledgement of sever...
DESIGNATED UNIT defined in Section 29.1(a).
DESIGNATED UNIT. ALL THAT the flat being Unit No. containing a carpet area of Square feet more or less along with balcony area of Square feet more or less and a total built-up area of Unit (i.e. Carpet Area + Balcony Area+ External Walls of the Unit and share of Common External Walls) of Square feet and a total standard built-up area ( i.e. Built up area + proportionate share of common area) of square feet more or less on the floor of the Block of the Building Complex namely Ruby-Gems City at the said premises and shown in the Unit Plan annexed hereto duly bordered thereon in “RED”. 1. Signature Name 2. Signature Name Promoter: 1. Signature Name SCHEDULE – B FLOOR PLAN OF THE APARTMENT Allottee: 1. Signature Name 2. Signature Name 1. Signature Name The said total consideration of Rs. /- (Including GST) shall be paid by the Allottee to the Promoter in instalments as follows: Sl No. Particulars Amount (in Rupees) (Excluding GST) Amount (in Rupees) (GST) Amount (in Rupees) (Including GST)

Related to DESIGNATED UNIT

  • Units Interests in the Partnership shall be represented by Units. The Units initially are comprised of one Class: Class A Units. The General Partner may establish, from time to time in accordance with such procedures as the General Partner shall determine from time to time, other Classes, one or more series of any such Classes, or other Partnership securities with such designations, preferences, rights, powers and duties (which may be senior to existing Classes and series of Units or other Partnership securities), as shall be determined by the General Partner, including (i) the right to share in Profits and Losses or items thereof; (ii) the right to share in Partnership distributions; (iii) the rights upon dissolution and liquidation of the Partnership; (iv) whether, and the terms and conditions upon which, the Partnership may or shall be required to redeem the Units or other Partnership securities (including sinking fund provisions); (v) whether such Unit or other Partnership security is issued with the privilege of conversion or exchange and, if so, the terms and conditions of such conversion or exchange; (vi) the terms and conditions upon which each Unit or other Partnership security will be issued, evidenced by certificates and assigned or transferred; (vii) the method for determining the Total Percentage Interest as to such Units or other Partnership securities; and (viii) the right, if any, of the holder of each such Unit or other Partnership security to vote on Partnership matters, including matters relating to the relative designations, preferences, rights, powers and duties of such Units or other Partnership securities. Except as expressly provided in this Agreement to the contrary, any reference to “Units” shall include the Class A Units and any other Classes that may be established in accordance with this Agreement. All Units of a particular Class shall have identical rights in all respects as all other Units of such Class, except in each case as otherwise specified in this Agreement.

  • Authorized Units Subject to the terms of this Agreement, the Company is authorized to issue equity interests in the Company designated as Units. The total number of Units that the Company shall have authority to issue is 1,000, all of which shall be designated as Common Units.

  • Class B Units Class B Unitholders shall not be entitled to vote in any matters relating to the Company, unless otherwise reserved to the Members by the Act. In addition to the other rights and obligations of Class B Unitholders hereunder, Class B Units shall entitle the holder of such Class B Units to (i) Tax Distributions pursuant to Section 4.01(b), and (ii) a preferred return equal to the Class B Preferred Return Amount. The Class B Preferred Return Amount shall not be required to be paid annually but shall accrue and become payable at the earlier of (x) the fifth (5th) anniversary of the Effective Time, or (y) a liquidation of, or a taxable sale of substantially all of the assets of, the Company. Upon the occurrence of an event referenced in clause (y) above, each Class B Unitholder shall also be paid such Class B Unitholder’s Class B Preferred Return Base Amount, in addition to all of the outstanding, accrued and unpaid Class B Preferred Return Amount. On the seventh (7th) anniversary of the Effective Time, each Class B Unitholder may, at its option and in accordance with the notice and other procedural provisions set forth in Section 11.01(a) (the “7 Year Put Option”), sell all (but not less than all) of its Class B Units to the Company for an amount equal to such Class B Unitholder’s Class B Preferred Return Base Amount plus any outstanding and accrued Class B Preferred Return Amount of such Class B Unitholder (the “Class B Option Consideration”) and, upon the exercise of the 7 Year Put Option by any Class B Unitholder, the Company shall purchase all of such holder’s Class B Units for the Class B Option Consideration. Notwithstanding anything herein to the contrary, no Class B Preferred Return Amount shall be due and payable with respect to such Class B Units pursuant this Section 3.02(b) at such time or times specified in this Section 3.02(b) unless such Class B Units remain issued and outstanding at such time or times and no Redemption or Direct Exchange of such Class B Units described in Article XI hereof has occurred.

  • Partnership Units Each Partner shall own Partnership Units in the amounts set forth for such Partner in Exhibit A and shall have a Percentage Interest in the Partnership as set forth in Exhibit A, which Percentage Interest shall be adjusted in Exhibit A from time to time by the General Partner to the extent necessary to reflect accurately redemptions, additional Capital Contributions, the issuance of additional Partnership Units or similar events having an effect on the number of Partnership Units held by, and the Percentage Interest of, any Partner. Each Partnership Unit shall entitle the holder thereof to one vote on all matters on which the Partners (or any portion of the Partners) are entitled to vote under this Agreement.

  • Common Units The capital structure of the Company shall consist of one class of common interests (the "Common Units"). The Company shall have authority to issue one thousand (1,000) Common Units. Each Common Unit shall have one vote and shall otherwise be identical with each other Common Unit in every respect.