Our commitments Sample Clauses

The "Our commitments" clause outlines the specific obligations and promises that one party, typically the service provider or seller, agrees to uphold under the contract. This may include delivering goods or services to a certain standard, meeting deadlines, or adhering to agreed-upon procedures. By clearly stating these commitments, the clause ensures both parties understand what is expected from the provider, thereby reducing the risk of misunderstandings and helping to hold the provider accountable for their performance.
Our commitments. 3.1 We will deal with you in Good Faith, and subject to your compliance with this Agreement: • purchase all Milk produced by your Farm(s) during the Term. • collect your Milk from your Farm(s). • record the volume of your Milk and Rejected Milk collected, along with all components and quality results in accordance with our Food Safety Program, and make this information available to you, in the form of a statement in writing, on a daily basis or as mutually agreed. • pay you the Price (less any Charges and Deductions) for all Milk supplied by you. • never pay you for your Milk at a rate which is less than the Minimum Price (except possibly in Exceptional Circumstances); and • ensure that you receive payment (in cleared funds) by the 15th of each month for all supplies of Milk supplied in the previous month of a Year, in accordance with the payment system you have elected in writing for that Year. 3.2 The Minimum Price has been set as representing the lowest price we are prepared to pay a Milk supplier for Milk of A grade, under the Standards, taking into account the economic and market conditions existing at the date of this Agreement and forecast to occur over the Term. 3.3 To avoid doubt we have no obligation to provide a Step-Up of the Minimum Price or Opening Price unless and until we publicly announce same. 3.4 In accordance with the Dairy Industry Code, we may unilaterally Step Down the Minimum Price in Exceptional Circumstances provided such Step Down is prospective and: 3.4.1 either: (i) we have taken or will take all reasonable steps to prevent or limit the impact of the Exceptional Circumstances on us; or (ii) there are no such steps that we can take. 3.4.2 because of the Exceptional Circumstances the unilateral prospective Step Down is unavoidable. 3.4.3 no later than 30 days before the Step Down occurs, we give you and the Competition and Consumer Commission written notice of the following: (i) the Step Down (ii) the Exceptional Circumstances (iii) the reasonable steps (if any) we have taken or will take to limit the impact of the Exceptional Circumstances. (iv) why the Step Down is unavoidable; and (v) the period to which the Step Down applies. 3.5 We will not Step Down the Minimum Price retrospectively, that is to say we will not reduce the Minimum Price applying to Milk supplied to us until the Step Down occurs in accordance with sub-clause 3.4. 3.6 The Step Down may not reduce the Minimum Price for Milk supplied after the expected end of the...
Our commitments. The Ministry for Primary Industries (MPI) recognises the level of commitment required from all employees in achieving its long term goals and strives to provide a working environment that attracts, engages and retains good employees. We will operate an overall people capability (PCS) strategy that supports a highly skilled and motivated workforce, emphasising: • using the skills our people have and developing new skills; • being flexible and adaptable to opportunities for continuous improvement and innovation; • developing solutions at an appropriate level through empowerment; and • the spirit of integrity and public service. The State Sector Act (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇) outline the MPI’s obligations as a good employer including with regard to equal employment opportunities. This includes the SSC’s model standards such as positive workplaces and equal pay/pay equity. The PSA recognises the MPI “Statement of Intent” and its role as a Public Service agency. MPI recognises the PSA as a union for its employees and understands that the PSA has a Strategic Agenda. Both parties are committed to working together towards a high quality public service, with its employees at the centre of its operation to deliver services within these framework. Participation of both parties across MPI could include: • planning with a particular focus on projects or initiatives affecting employees including recruitment/attrition policies and programmes; • employees’ development including nationally recognised skill standards, training and qualifications and cross business experience where applicable. We will also work to promote or recognise the following shared outcomes: • co-operative and open relationships, where employee and management needs are better understood and met; • a culture of respect, mutual trust and quality communication; • collective participation of employees, through the union, adding value to the work of all parties; and • skilled, valued, challenged and fulfilled employees. The principles that guide the relationship include: • Honesty and timely sharing of information in good faith; • Managers are required to make decisions; • All parties have mutual and differing interests, and respect the independence of each organisation; and • Receptive listening, positive co-operative attitudes, including the use of a problem solving approach to address issues with the aim to reach consensus.
Our commitments. 3.1 We will deal with you in Good Faith, and subject to your compliance with this Agreement: • purchase all Milk produced by your Farm(s) during the Term; • collect your Milk from your Farm(s); • record the volume of your Milk and Rejected Milk collected, along with all components and quality results in accordance with our Food Safety Program, and make this information available to you, in the form of a statement in writing, on a daily basis or as mutually agreed; • pay you the Price (less any Charges and Deductions) for all Milk supplied by you; • never pay you for your Milk at a rate which is less than the Minimum Price (except possibly in Exceptional Circumstances); and • ensure that you receive payment (in cleared funds) by the 15th of each month for all supplies of Milk supplied in the previous month of a Year, in accordance with the payment system you have elected in writing for that Year. 3.2 The Minimum Price has been set as representing the lowest price we are prepared to pay a Milk supplier for Milk of A grade, under the Standards, taking into account the economic and market conditions existing at the date of this Agreement and forecast to occur over the Term. 3.3 To avoid doubt we have no obligation to provide a Step-Up of the Minimum Price or Opening Price unless and until we publicly announce same. 3.4 We may unilaterally Step Down the Minimum Price in Exceptional Circumstances provided such Step Down is prospective and: 3.4.1 either: (i) we have taken or will take all reasonable steps to prevent or limit the impact of the Exceptional Circumstances on us; or (ii) there are no such steps that we can take; 3.4.2 because of the Exceptional Circumstances the unilateral prospective Step Down is unavoidable; 3.4.3 no later than 30 days before the Step Down occurs we give you and the Competition and Consumer Commission written notice of the following: (i) the Step Down (ii) the Exceptional Circumstances (iii) the reasonable steps (if any) we have taken or will take to limit the impact of the Exceptional Circumstances; (iv) why the Step Down is unavoidable; and (v) the period to which the Step Down applies. 3.5 We will not Step Down the Minimum Price retrospectively, that is to say we will not reduce the Minimum Price applying to Milk supplied to us until the Step Down occurs in accordance with sub-clause 3.4. 3.6 The Step Down may not reduce the Minimum Price for Milk supplied after the expected end of the Exceptional Circumstances. 3.7 You acknowled...
Our commitments. We will provide the 1-1 mentoring, career workshops and launch as described in this agreement. Should circumstances make this impossible, for example through illness, we will either provide a reasonable substitute or refund a proportion of any fee you may have paid following discussion with you. We will be responsive when you communicate with us and do our best to work with you in good faith, accommodate your needs and work in a positive way to ensure you get the most out of the scheme. We will do whatever we can to make the scheme accessible to you, including if your circumstances change during the year. Your mentor should communicate with you in timely fashion and be prompt for meetings. If you have concerns or complaints you can contact the project manager, ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇.▇▇▇ who will do her best to help.
Our commitments. We the signatories to the Social Contract, recognise the need to recommit ourselves to the co-production of “Sustainable Human Settlements and Improved Quality of Household Life”. We commit to work together to achieve exponential growth in the economy, through the initiatives we undertake collectively, in our efforts to provide sustainable human settlements for the achievements to the 2030 vision. The Social Contract for Sustainable Human Settlements is a statement of intent to work together for a common goal, whilst appreciating and understanding the relationships between us. It provides a framework for partnerships and targeted resource mobilization, and articulates our commitment to develop answers collectively for a shared future. It is intended to be a living document, maintaining relevance as relationships develop and evolve. It aims to allow for interactive working relationships between all stakeholders in the development of sustainable human settlements and provides a platform to collectively engage challenges and forge new paths to a shared growth. We recognise that this Social Contract provides a framework for partnerships and resource mobilization, and articulates the principles of our commitment to develop answers collectively. We, the signatories to this Social Contract, recommit to the shared vision of promoting the achievement of a non racial, non-sexist, integrated society through accelerated development. (a) Create enabling conditions for the coproduction of integrated sustainable human settlements; (b) Promote choice in the type of housing that suits the needs consistent with citizen’s lifecycles and that of communities, neighbourhoods, cities, towns and villages; (c) Provide decent houses within liveable human settlements; (d) Accelerate delivery of subsidized housing and new affordable housing to enable an overall improved supply of housing to meet the demands of dynamic and growing society; (e) Ensure households have access to functional water and sanitation services, eliminate bucket sanitation in formal areas, ensure access to energy through grid and non-grid connections, and enable efficient movement between places of residence, social development, work, consumption and leisure; (f) Upgrade informal settlements with basic services and infrastructure, and ensure their long term development and integration into the workings of the local municipality and economy; (g) Ensure that all planning processes are satisfactorily complete, effec...
Our commitments. 8. 1. This clause 8 shall not apply where you are using the Software or Service under a Free Subscription.

Related to Our commitments

  • Other Commitments (1) If provisions in the legislation of either Contracting Party or rules of international law entitle investments by investors of the other Contracting Party to treatment more favourable than is provided for by this Agreement, such provisions shall to the extent that they are more favourable prevail over this Agreement. (2) Each Contracting Party shall observe any obligation it has assumed with regard to investments in its territory by investors of the other Contracting Party.

  • Revolving Commitments (a) Subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Borrower from time to time on any Business Day during the Commitment Period, at such times as the Borrower may request in accordance with Section 2.2, in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Applicable Percentage of the aggregate principal amount of Swingline Loans then outstanding, does not exceed the amount of such Lender’s Commitment; provided, however, that (i) no Revolving Loan shall be made to the extent the aggregate unpaid principal amount of all Loans would exceed the Total Commitments, (ii) no Borrowing Base A Loans shall be made to the extent that the aggregate unpaid principal amount of all Borrowing Base A Loans would exceed the aggregate Loan Value of the Pledged Eligible Assets (including the Pledged Eligible Assets referred to in Section 2.2(a)(ii) with respect to such Revolving Loan) and (iii) no Borrowing Base B Loans shall be made to the extent that the aggregate amount of all Borrowing Base B Loans would exceed the Borrowing Base B Limit; provided further that Borrowing Base B Loans may not be borrowed on any date in any rolling period of 90 consecutive days if Borrowing Base B Loans have already been outstanding for 30 days during such period. During the Commitment Period, the Borrower may borrow, prepay the Revolving Loans in whole or in part, and reborrow, all in accordance with the terms and conditions hereof. (b) The Borrower shall repay all outstanding Revolving Loans on the Termination Date. (c) The failure of any Lender to make any Revolving Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Revolving Loans as required.

  • The Commitments (a) Subject to and upon the terms and conditions set forth herein, each Lender severally agrees to make on and after the first Initial Borrowing Date and prior to the Commitment Termination Date and at the times specified in Section 2.02 term loans to the Borrower (each a “Loan” and collectively the “Loans”), which Loans (i) shall bear interest in accordance with Section 2.06, (ii) shall be denominated and repayable in Dollars, (iii) shall be disbursed on any Borrowing Date, (iv) disbursed on any Borrowing Date shall not exceed on such Borrowing Date for all Lenders the Dollar Equivalent of the maximum available amount for such Borrowing Date as set forth in Section 2.02, (v) disbursed on any Borrowing Date shall not exceed for any Lender the Dollar Equivalent of the Commitment of such Lender on such Borrowing Date, (vi) disbursed on any Borrowing Date shall not exceed the Dollar Availability on any such Borrowing Date and (vii) shall not in the aggregate exceed the Dollar Maximum Amount. (b) Loans disbursed to indirectly fund installments and delivery payments to the Yard in respect of (x) Vessel 1 together with 50% of the Loans disbursed to fund payments of the Hermes Premium hereunder shall be herein referred to as “Tranche A Loans” and (y) Vessel 2 together with 50% of the Loans disbursed to fund payments of the Hermes Premium hereunder shall be herein referred to as “Tranche B Loans”.

  • Loan Commitments (i) Subject to the terms and conditions hereof, each Lender with an Initial Tranche A Term Loan Commitment severally agrees to make, on the Closing Date, one or more term loans (each, an “Initial Tranche A Term Loan”) to the Borrower in Dollars in an amount equal to such Lender’s Initial Tranche A Term Loan Commitment. The Borrower may make only one borrowing under the Initial Tranche A Term Loan Commitment which shall be on the Closing Date. Any amount borrowed under this Section 2.1(a)(i) and subsequently repaid or prepaid may not be reborrowed. Subject to Sections 2.11(a) and 2.12, all amounts owed hereunder with respect to the Initial Tranche A Term Loans shall be paid in full no later than the Maturity Date applicable to such Initial Tranche A Term Loans. Each Lender’s Initial Tranche A Term Loan Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Lender’s Initial Tranche A Term Loan Commitment on such date. (ii) Subject to the terms and conditions hereof, each Lender with an Initial Tranche B Term Loan Commitment severally agrees to make, on the Closing Date one or more term loans (each, an “Initial Tranche B Term Loan”) to the Borrower in Dollars in an amount equal to such Lender’s Initial Tranche B Term Loan Commitment. The Borrower may make only one borrowing under the Initial Tranche B Term Loan Commitment which shall be on the Closing Date. Any amount borrowed under this Section 2.1(a)(ii) and subsequently repaid or prepaid may not be reborrowed. Subject to Sections 2.11(a) and 2.12, all amounts owed hereunder with respect to the Initial Tranche B Term Loans shall be paid in full no later than the Maturity Date applicable to such Initial Tranche B Term Loans. Each Lender’s Initial Tranche B Term Loan Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Lender’s Initial Tranche B Term Loan Commitment on such date.

  • 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.