Promisee Clause Samples

Promisee. The person with whom the motor carrier enters into a motor carrier transportation contract and any agents, employees, servants, or independent contractors who are directly responsible to that person, except for motor carriers party to a motor carrier transportation contract with the person, and the motor carrier's agents, employees, servants, or independent contractors directly responsible to the motor carrier.

Promisee. BUYER shall be bound to hold BR DISTRIBUIDORA harmless against all and any lien, risks, losses or expenses derived from eventual environmental damages or performance/sanctions derived from non-compliance of laws and rules regulating the environment, whether before public law bodies or entities, private individuals or private entities, indemnifying directly or indirectly all damages, losses and/or expenses caused and eventually imputed, directly or indirectly to BR DISTRIBUIDORA.

Promisee. BUYER hereby shall be bound to present new guarantors in the maximum term of 15 (fifteen) days, should any other fact modifying or preventing the guarantee presented herein occurs. The acceptance shall always depend on the previous agreement of BR DISTRIBUIDORA, depending on the economic-financial conditions of the person appointed.

Promisee. BUYER shall also offer as a guarantee to the full compliance with all clauses and conditions hereof, including for the payment of any and all monies due by PROMISSEE-BUYER to BR DISTRIBUIDORA during the effectiveness hereof, and any extensions thereof, in a first and special mortgage, the property owned by AUREA ADMINISTRACAO E PARTICIPACOES S.A., described below, the among ▇▇ ▇▇ich is estimated by the undersigned parties at ***** (R$ *****), ONE PARCEL OF LAND located in the City of Sao Vicente, at a site called ILHA DAS CAXETAS, a part of a larger object ▇▇ ▇ ▇3549, with 133.28 m frontward to Rua Fernando Ferrari, 180.00 m on the right side, plus the improvemen▇ ▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇e it confronts the parcel of land of Raimundo de Lucca Filho and wife; 108.15 m backwards, plus the improv▇▇▇▇▇ ▇▇ ▇▇▇▇▇, ▇here it confronts with Lago Pompeba, ending an area of 27.133.45 square meters [description of the property according to the property registration of S. Vicente, book 2 - General Register, enrollment 92011, name of the ▇▇▇▇▇▇▇▇ ▇lha das Caxetas, in the city of Sao Vicente - SP]. In addition to the property described above, PROMISSEE-▇▇▇▇▇ ▇▇▇▇▇ give to BR DISTRIBUIDORA [LOGO]PETROBRAS 4 DISTRIBUIDORA S.A. in a first and special mortgage, the constructions and improvements now existing and/or to be made in the future regarding the same property. The properties now mortgaged are free and clear of any and all personal and real tax burdens, debts or responsibilities, such as legal and conventional mortgage, charges (taxes, fees, etc.) servitude, jurisdiction, rent, etc. 11.2.1 The property mortgaged hereby was inherited by AUREA ADMINISTRACAO E PARTICIPACOES S.A. from the estate of Raimundo ▇▇ ▇▇cca Filho, according to deed transcribed in the 2nd Not▇▇▇'▇ ▇▇▇▇▇▇ ▇▇ ▇antos/SP, deed book 758, page 202, on 12/14/2001, registered in the ▇▇▇▇▇▇ty Registration of Sao Vicente, State of Sao Paulo, book 2 - General Register, enrollment 92▇▇▇, ▇▇cord 02, on 4/9/2002.

Promisee. When the person to whom the proposal is made signifies his assent thereto the proposal is said to be accepted a proposal when accepted becomes a promise.

Promisee. BUYER and BR DISTRIBUIDORA represent, for all legal purposes and effects that the conditions included in this instrument result from negotiation among the parties. CLAUSE FIFTEEN 15.1 The parties attribute to such agreement, for tax effects only, the value of one hundred reais (R$ 100.00).

Promisee. BUYER shall not assign, subrogate, negotiate or, in any other form, transfer this agreement or any rights or obligations arisen thereof, under penalty of application of the sanctions provided for in the agreement.

Promisee. The promisors who had fulfilled their promise in all respects excepting the execution of a formal sale deed were not entitled to raise a plea that B’s wife was not entitled to demand specific performance thereof on the ground that she was not a party to the contract. It was held that her suit was not barred by Section 66, Civil Procedure Code, since the mortgagees who purchased the property in their own name did so in order to fulfil their agreement with B’s wife, the plea of benami in such situation was unsustainable. Her suit could not also be resisted on the ground of delay since she had been in possession all the time and had incurred considerable expenses.13