Main Terms and Conditions Clause Samples

The Main Terms and Conditions clause sets out the fundamental rules and obligations that govern the agreement between the parties. It typically outlines key elements such as the scope of services or goods provided, payment terms, timelines, and responsibilities of each party. For example, it may specify when payments are due, what deliverables are expected, and how disputes will be handled. This clause serves to ensure that both parties have a clear understanding of their rights and duties, reducing the risk of misunderstandings and disputes during the course of the contract.
Main Terms and Conditions. The Parties
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Main Terms and Conditions of the Deposit Agreement 2.01 Number of the deposit account   2.02 Currency of the deposit   2.03 Amount of the deposit   2.04 Term of the deposit 12 (twelve) months 2.05 Number of interest accrual account   2.06 Type of interest rate fixed 2.07 Annual interest rate   2.08 Effective interest rate   2.09 Periodicity of interest accrual   2.10 Financial expenses Commission fee for Withdrawal of amount deposited in non-cash way   of deposit principal amount Commission fee for Withdrawal of interest accrued to the deposit amount   of accrued interest amount Adding money to the Deposit amount is inadmissible. Interest is calculated daily for 365 days in a year, on the deposit amount. In case of monthly accrual, interest shall be accrued monthly on the day relevant to the day the deposit became effective. In case of accrual at the end of the term, interest shall be accrued on the last day of the term of the Deposit, if the day of accrual coincides with non-working day, bank is able to perform accrual on the following day. Deposit/withdrawal of amount and accrual/withdrawal of interest shall be held through the account used for the interest accrual. In case of breaching the Deposit agreement by the Depositor before the agreed term, if the termination of the agreement is carried out: a) Within the first calendar month from the date of entering into force, interest shall not be accrued on the Deposit amount, herewith from the deposit amount will be subtracted accrued and interest paid by the bank in advance (if so) and penalty 0,25 % of the Deposit amount for breaching.   From the date of entering into force,  after 1 (one) calendar month, within next 2 (two) calendar month, interest shall be accrued on the deposit amount according to interest rate of saving deposit on the day of termination of the agreement from the date of entry into force of the agreement until the date of termination.  after 3 (three) calendar months from its entry into force, interest of the relevant maturity flex deposit, established in the bank at the moment of breaching shall accrue on the deposit, for each full calendar month. In case of incomplete month the interest shall not accrue. In case of using Depositors’ accounts opened in the Bank in order to secure obligation according to the legislation of Georgia, agreement shall not prolong. Herewith, the Bank is empowered and free to refuse unilaterally to prolong the agreement. The bank has right...
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Main Terms and Conditions. Position 5 3. Commencement, Duration & Notice 5 4. Continuous Employment 5 5. Duties 5 6. Place of Employment 7 7. Hours of Work 7 8. Other Interests 7
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Main Terms and Conditions. China Innovation agreed to purchase and Nopo International agreed to sell the Shares for Sale.
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Main Terms and Conditions. Trust shall be incorporated with a Technical Committee, with at least 3 members, as follows:
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Main Terms and Conditions. 6 PAYMENTS CONSULTANT TO THE 6 PAYMENTS TO THE CONSULTANT No provision (8) The Employer is agreeable to the Consultant assigning its Receivables to any Factor, subject to the following: a. the Consultant warrants and represents to the Employer that it has not previously assigned such Receivable to any person other than the Payee of such Receivable; b. the Consultant shall provide to the Employer any information in relation to the Payee and the factoring arrangement as the Employer may from time to time reasonably require; c. such assignment shall be without prejudice to the Employer’s rights against the Consultant under the Contract, at law or in equity, including the Employer’s rights of deduction and set-off; d. the Consultant shall ensure that: (i) each of its invoices for assigned Receivables (each, a “Factored Invoice”) indicate a Factor as the Payee; (ii) it shall not issue any Factored Invoice indicating a person that is not a Factor as the Payee; (iii) where any Factored Invoice is in respect of goods or services on which GST is chargeable by the Consultant, the Payee is indicated as the payee of the entire amount (including GST) of such Factored Invoice, unless the Employer agrees otherwise in writing; and (iv) where payment of the Receivable to the Factor is subject to withholding tax under Singapore law, the Consultant shall give prior written notice of this to the Employer and comply with all reasonable invoicing directions of the Employer in connection with such withholding; e. the Consultant acknowledges and agrees that: (i) the Employer shall not be required to verify whether: (A) payment of any Factored Invoice to the Payee is in accordance with a valid factoring arrangement; or (B) the Consultant has complied with Clause 6(8)(d); (ii) payment made by the Employer to the Payee in respect of any Factored Invoice shall constitute a full discharge of the Employer’s payment obligations to the Consultant in respect of such Factored Invoice; (iii) where a Factored Invoice includes GST, payment made by the Employer to the Payee in respect of such GST shall constitute a full discharge of the Employer’s payment obligations to the Consultant in respect of such GST; (iv) if the Consultant issues a Factored Invoice which indicates a Payee that is not a Factor, the Employer shall have the right to reject such invoice and require the Consultant to reissue such invoice indicating either the Consultant or a Factor as the Payee; and (v) in the event withhol...
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Main Terms and Conditions. Blue Holdings agreed to purchase, and The Company agreed to sell the Shares for Sale.
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Main Terms and Conditions 
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Related to Main Terms and Conditions

  • Standard Terms and Conditions Executive expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are incorporated herein by reference, deemed a part of this Agreement and are binding and enforceable provisions of this Agreement. References to “this Agreement” or the use of the term “hereof” shall refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.

  • General Terms and Conditions During the term of this Contract, Contractor agrees to procure and maintain insurance which meets all County’s requirements in the General Terms and Conditions.

  • SETTLEMENT TERMS AND CONDITIONS Without admitting or denying the Department’s findings, RBI is willing to resolve the violations cited herein by entering into this Agreement and freely and voluntarily waives its right to a hearing under Banking Law Sections 44 and 598 on such violations. Therefore, in consideration of the promises and covenants set forth herein: 1. RBI agrees to take all necessary steps to ensure its compliance with all applicable federal and state laws, regulations, and supervisory requirements relating to its mortgage business, including, but not limited to: a. complying with the requirements of Article 12-D of the Banking Law, and Part 38 of the General Regulations of the Banking Board; and b. ensuring that its advertisements do not mislead consumers as to the identity of the party offering credit; and c. clearly identifying itself by name and an approved office address located in New York in any advertisement targeted to New York consumers; and d. ensuring that its advertisements do not mislead consumers as to the terms and conditions of credit it is offering and that such advertisements disclose clearly and conspicuously the existence of material terms, conditions, and limitations relating to any advertised offer of credit; and e. ensuring that it will not advertise terms of credit using footnotes, asterisks, small print and color contrasts that materially contradict or modify the principal message of its advertisements, and will disclose clearly, and conspicuously all material information. 2. RBI agrees to develop appropriate written advertisement policies and procedures designed to ensure compliance with all applicable federal and state laws, regulations, supervisory requirements and guidance letters. The policies and procedures shall, at a minimum: (i) designate an individual responsible for monitoring compliance with all applicable federal and state laws, regulations, supervisory requirements and guidance letters; and (ii) establish a training program to ensure that RBI and its employees involved in preparing or approving advertisements understand all applicable federal and state laws, regulations, supervisory requirements and guidance letters. 3. Within ninety (90) days from the effective date of this Agreement, RBI agrees to submit a draft of its advertisement policies and procedures to the Department. 4. Within one hundred twenty (120) days from the effective date of this Agreement, RBI agrees to submit a copy of its final advertisement policies and procedures to the Department together with a letter from an authorized officer of RBI indicating his/her approval of such policies and procedures. 5. RBI further agrees to provide copies of all advertisements run by it for the twelve (12) month period following the effective date of this Agreement. 6. RBI agrees to pay a fine of $ 7,500 payable in ten (10) equal monthly installments as follows: $750 upon execution of this Agreement, and $750 each on or before the 15th day of each consecutive month for the following nine (9) months. 7. RBI further agrees that such payment will be made in immediately available funds in accordance with the Department’s payment instructions.

  • Other Terms and Conditions You also agree to be bound by any other specific terms and conditions governing such recurring/instalment payment scheme. In the event of conflict, such specific terms and conditions are to prevail over the provisions of this clause but only to the extent necessary to give full effect to those terms and conditions.

  • Payment Terms and Conditions 67.6.1 CLEC shall pay a Transit Service Charge as set forth in Table 1 for any Transit Traffic routed to CenturyLink by CLEC. 67.6.2 CLEC shall be responsible for payment of Transit Service charges on Transit Traffic routed to CenturyLink by CLEC and for any charges assessed by the terminating carrier. CLEC agrees to enter into traffic exchange agreements with third-parties prior to routing any Transit Traffic to CenturyLink for delivery to such third parties, and CLEC will indemnify, defend and hold harmless the Transit Service provider against any and all charges levied by such third-party terminating carrier with respect to Transit Traffic, including but not limited to, termination charges related to such traffic and attorneys’ fees and expenses.