/
178 RQGLWLRQV RI RQWUDFW x000B0LQRU RUNVx000CB5HYLVLRQ x0013x0016 178 RQGLWLRQV RI RQWUDFW x000B0LQRU RUNVx000CB5HYLVLRQ x0013x0016

178 RQGLWLRQV RI RQWUDFW x000B0LQRU RUNVx000CB5HYLVLRQ x0013x0016 - PDF document

deborah
deborah . @deborah
Follow
342 views
Uploaded On 2021-09-26

178 RQGLWLRQV RI RQWUDFW x000B0LQRU RUNVx000CB5HYLVLRQ x0013x0016 - PPT Presentation

2x0012x0014 21x00277216 2 21757 x0014 x002717216 1x0027 175357721x0014x0011x0014 x0027HILQLWLRQV Q WKH RQWUDFW x000BDV KHUHLQDIWHU GHILQHGx000C WKH IROORZLQJ ZRUGV DQG HSUHVVLRQV VKDOO KDYH WKH PHDQLQ ID: 886362

x000f wkh dqg x0011 wkh x000f x0011 dqg x000b x000c rqwudfwru 8qlyhuvlw vkdoo x0014 x0015 runv x0016 iru vxfk

Share:

Link:

Embed:

Download Presentation from below link

Download Pdf The PPT/PDF document "178 RQGLWLRQV RI RQWUDFW x000B0LQRU RUNV..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.


Presentation Transcript

1 &2& 178 &RQGLWLRQV RI &
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³&RQWUDFW´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³'DWH RI 3UDFWLFDO &RPSOHWLRQ´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³'HIHFWV /LDELOLW\

2 3HULRG´ PHDQV WKH 'HIHFWV /LDEL
3HULRG´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

3 ZQ &RVWV RI :RUNV RU 6FKHGXOH RI 7HQGHU
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

4 WR WKH 8QLYHUVLW\ DQ\ RUDO LQVWUXFWLRQ
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¶V RUDO LQVWUXFWLRQ WKDW KDV EHHQ ZLWKGUDZQ )RU WKH SXUSRVHV RI WKLV &ODXVH WKH WHUP ³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

5 FK WKH 8QLYHUVLW\ LV UHTXLUHG WR SURYLG
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

6 VKDOO QRW EH UHVSRQVLEOH H[FHS
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

7 VDPH SXUSRVHV SURYLGH D JXDUDQW
VDPH SXUSRVHV SURYLGH D JXDUDQWHH IRU DQ HTXLYDOHQW DPRXQW IURP D EDQN RU LQVXUHU DSSURYHG E\ WKH 8QLYHUVLW\ DQG LQ WKH SUHVFULEHG IRUP  7KH WHUP ³6HFXULW\ 'HSRVLW´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

8 DQG IURP RU DJDLQVW DOO ORVV H
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

9 \ DQ\ SXEOLF DXWKRULW\ RU SXEOLF VHUYLFH
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

10 WLI\ VXFK HUURU WR WKH VDWLVIDFWLRQ RI W
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

11 O KDYH WKH SRZHU WR FHUWLI\ WKDW WHQ SH
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

12 RQ DQG 0HDVXUHPHQW RI :RUNV EHIRUH &RYHU
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

13 ;F 7R UHPRYH IURP WKH 6LWH DQ\ 3
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

14 W RU FRQWLQXHG HPSOR\PHQW RI DQ\ SHUVRQ
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

15 ZKHWKHU RU QRW LQIRUPDWLRQ ZLWK UHVSHF
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

16 YHUVLW\ HLWKHU SURVSHFWLYHO\ RU UHWURVSH
YHUVLW\ HLWKHU SURVSHFWLYHO\ RU UHWURVSHFWLYHO\ DQG EHIRUH RU DIWHU WKH 7LPH IRU &RPSOHWLRQ E\ VXFK IXUWKHU SHULRG RU SHULRGV RI WLPH DV PD\ UHDVRQDEO\ UHIOHFW GHOD\ LQ FRPSOHWLRQ RI WKH :RUNV ZKLFK QRWZLWKVWDQGLQJ GXH GLOLJHQFH DQG WKH WDNLQJ RI DOO UHDVRQDEOH VWHSV E\ WKH &RQWUDFWRU WR DYRLG RU UHGXFH VXFK GHOD\ ZLOO RU PLJKW EH RU KDV EHHQ FDXVHG E\ DQ\ RI WKH IROORZLQJ HYHQWV D $Q HYHQW ZKLFK LV EH\RQG WKH &RQWUDFWRU¶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

17 PDWHULDOV RU &RQVWUXFWLRQ (TXLSPHQW UH
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

18 DYDLODEOH WR LW WDNLQJ LQWR DF
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

19 RU V OLDELOLW\ WR SD\ WKH 8QLYHUVLW\ VXF
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

20 QGLQJ ZRUN DQG WKH UHFWLILFDWLRQ
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

21 K DQ\ REOLJDWLRQ H[SUHVVHG RU L
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

22 LYHUVLW\ I D
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¶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

23  &RQWUDFWRU WR
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�

24 0C; WKH LVVXH RI DQ LQVWUXFWLRQ E\ WKH 8
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�

25 011; 
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¶V ULJKW WR GLVSXWH WKH &RQWUDFWRU V HQWLWOHPHQW WR WKH DPRXQW FHUWLILHG HLWKHU LQ SULQFLSOH RU DV WR LWV TXDQWLILFDWLRQ RU IURP UHIHUULQJ VXFK GLVSXWH IRU GHFLVLRQ SXUVXDQW WR &ODXVH  DQG E EH WDNHQ LQWR DFFRXQW E\ WKH 8QLYHUVLW\ RU DQ\ DUELWUDWRU &#

26 x000B;RU RWKHU WULEXQDO LQ GHFL
x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¶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

27 Q 
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

28 DQ\ ORVV H[SHQVH FRVWV
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�

29 C; VXFK DSSURYHG SROLF\ DV UHTXLUHG XQGH
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�

30 005; DV GHILQHG LQ &ODXVH 
005; DV GHILQHG LQ &ODXVH   $Q\ VXFK LQVXUDQFH DV LV UHIHUUHG WR LQ &ODXVH   VKDOO EH SODFHG ZLWK DQ LQVXUHU DSSURYHG E\ WKH 8QLYHUVLW\ DQG WKH &RQWUDFWRU VKDOO GHSRVLW ZLWK WKH 8QLYHUVLW\ EHIRUH WKH FRPPHQFHPHQW RI DQ\ ZRUN RQ 6LWH D FRS\ RI WKH SROLF\ RU SROLFLHV RI LQVXUDQFH DQG QR ODWHU WKDQ  GD\V WKHUHDIWHU WKH UHFHLSWV LQ UHVSHFW RI WKH SUHPLXPV SDLG XQGHU VXFK SROLF\ RU SROLFLHV  'HIDXOW LQ ,QVXULQJ 6KRXOG WKH &RQWUDFWRU RU DQ\ VXEFRQWUDFWRU GHIDXOW LQ WDNLQJ RXW RU PDLQWDLQLQJ DQ\ LQVXUDQFH RU DSSURYHG SROLF\ DV VWLSXODWHG LQ &ODXVHV  DQG  WKH 8QLYHUVLW\ ZLWKRXW SUHMXGLFH WR DQ\ RWKHU ULJKWV DQG UHPHGLHV DYDLODEOH PD\ LWVHOI LQVXUH DJDLQVW DQ\ ULVN ZLWK UHVSHFW WR ZKLFK WKH GHIDXOW KDV RFFXUUHG DQG WKH DPRXQW SDLG E\ WKH 8QLYHUVLW\ LQ UHVSHFW RI SUHPLXPV VKDOO EH UHFRYHUDEOH IURP WKH &RQWUDFWRU  ,1685$1&( 2) 7+( :25.6  5LVNV WR EH ,QVXUHG  :LWKRXW OLPLWLQJ KLV REOLJDWLRQV RU UHVSRQVLELOLWLHV XQGHU &ODXVH  WKH &RQWUDFWRU VKDOO EHIRUH FRPPHQFHPHQW RI DQ\ ZRUN XQGHU WKLV &RQWUDFW LQ WKH MRLQW QDPHV RI WKH 8QLYHUVLW\ DQG WKH &RQWUDFWRU LQVXUH DJDLQVW DOO GDPDJH ORVV RU LQMXU\ IURP ZKDWHYHU FDXVH DULVLQJ RWKHU WKDQ WKH H[FHSWHG ULVNV DV GHILQHG LQ &ODXVH  IRU ZKLFK KH LV UHVSRQVLEOH XQGHU WKH WHUPV RI WKH &RQWUDFW WKH 3HUPDQHQW :RUNV DQ\ 7HPSRUDU\ :RUNV DQG DOO XQIL[HG 3ODQW PDWHULDOV DQG JRRGV GHOLYHUHG RQ RU DGMDFHQW WR WKH 6LWH IRU LQFRUSRUDWLRQ LQWR WKH :RUNV EXW H[FOXGLQJ WRROV DQG &RQVWUXFWLRQ (TXLSPHQW RZQHG RU KLUHG E\ WKH &RQWUDFWRU RU DQ\ VXEFRQWUDFWRUV DQG DQ\ VWUXFWXUHV RU RWKHU ZRUNV HUHFWHG RQ RU DGMDFHQW WR WKH 6LWH WR WKH YDOXH RI QRW OHVV WKDQ WKH &RQWUDFW 6XP VKRZQ LQ WKH /HWWHU RI $FFHSWDQFH SOXV WKH SHUFHQWDJH VWDWHG LQ WKH $SSHQGL[ IRU SURIHVVLRQDO IHHV  7KH &RQWUDFWRU VKDOO NHHS VXFK 3HUPDQHQW :RUNV 7HPSRUDU\ :RUNV PDWHULDOV JRRGV VWUXFWXUHV RU ZRUNV VR LQVXUHG XQWLO  GD\V DIWHU WKH 'DWH RI 3UDFWLFDO &RPSOHWLRQ RU WKH ODWHVW 'DWH RI 3UDFWLFDO &RPSOHWLRQ LI PRUH WKDQ RQH FHUWLILHG E\ WKH 8QLYHUVLW\ SXUVXDQW WR &ODXVH  DQG GXULQJ WKH 'HIHFWV /LDELOLW\ 3HULRG IRU GDPDJH ORVV RU LQMXU\ DULVLQJ IURP D FDXVH RFFXUULQJ SULRU WR WKH FRPPHQFHPHQW RI WKH 'HIHFWV /LDELOLW\ 3HULRG  6XFK LQVXUDQFH VKDOO EH HIIHFWHG ZLWK DQ LQVXUHU LQ WHUPV DSSURYHG E\ WKH 8QLYHUVLW\ DQG WKH &RQWUDFWRU VKDOO GHSRVLW ZLWK WKH 8QLYHUVLW\ EHIRUH WKH FRPPHQFHPHQW RI DQ\ ZRUN RQ 6LWH D FRS\ RI WKH SROLF\ RU SROLFLHV RI LQVXUDQFH DQG QR ODWHU WKDQ  GD\V WKHUHDIWHU WKH UHFHLSWV LQ UHVSHFW RI WKH SUHPLXPV SDLG XQGHU VXFK SROLF\ RU SROLFLHV (DFK SROLF\ WDNHQ RXW SXUVXDQW WR &ODXVH  VKDOO SURYLGH H[SUHVVO\ IRU WKH SD\PHQW LQ WKH ILUVW SODFH WR WKH 8QLYHUVLW\ RI DQ\ LQVXUDQFH PRQH\V GXH XQGHU WKH SROLF\  ,Q WKH HYHQW WKDW WKH &RQWUDFWRU GHIDXOWV LQ WDNLQJ RXW RU PDLQWDLQLQJ VXFK LQVXUDQFH SROLFLHV DV DIRUHVDLG WKH 8QLYHUVLW\

31 ;ZLWKRXW SUHMXGLFH WR DQ\ RWKHU ULJKWV R
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¶ $OO 5LVNV LQVXUDQFH SROLF\ 7KH &RQWUDFWRU LV WR QRWH WKDW KH LV KRZHYHU VWLOO UHVSRQVLEOH IRU WKH SD\PHQW RI SUHPLXP IRU WKLV LQVXUDQFH 7KH LQVXUDQFH DUUDQJHPHQW VKDOO QRW LQ DQ\ ZD\ UHGXFH WKH &RQWUDFWRUV¶ OLDELOLW\ LQ UHODWLRQ WR  L KLV UHVSRQVLELOLW\ WR PDNH JRRG DW KLV RZQ H[SHQVH VXFK ORVV RU GDPDJH WR :RUNV IRU ZKLFK KH LV KHOG OLDEOHUHVSRQVLEOH XQGHU &ODXVH  RI WKH &RQGLWLRQV RI &RQWUDFW  DQG LL KLV OLDELOLW\ WR LQGHPQLI\ WKH 8QLYHUVLW\ XQGHU &ODXVH  DQG &ODXVH  RI WKH &RQGLWLRQV RI &RQWUDFW LQ UHVSHFW RI ERGLO\ LQMXU\

32 WR SHUVRQV RU GDPDJH WR SURSHUW\ &#
WR SHUVRQV RU GDPDJH WR SURSHUW\  7KH FRYHUDJH SURYLGHG E\ WKH LQVXUDQFH VSHFLILHG LQ &ODXVH  VKDOO EH DV IROORZV L ORVV RU GHVWUXFWLRQ RI RU GDPDJH FDXVHG WR WKH :RUNV LQFOXGLQJ DQ\ XQIL[HG PDWHULDOV RU RWKHU WKLQJ GHOLYHUHG WR WKH &RQWUDFW VLWH IRU LQFRUSRUDWLRQ WKHUHLQ GXULQJ WKH &RQWUDFW 3HULRG DV VWDWHG LQ WKH $SSHQGL[ SOXV 'HIHFWV /LDELOLW\ 3HULRG IRU ORVV RU GHVWUXFWLRQ RI RU GDPDJH DULVLQJ IURP D FDXVH RFFXUULQJ SULRU WR WKH FRPPHQFHPHQW RI WKH 'HIHFWV /LDELOLW\ 3HULRG DQG IRU DQ\ ORVV RU GHVWUXFWLRQ RI RU GDPDJH RFFDVLRQHG E\ WKH &RQWUDFWRU &2& 178 &RQGLWLRQV RI &RQWUDFW 0LQRU :RUNV B5HYLVLRQ  LQ WKH FRXUVH RI DQ\ RSHUDWLRQ FDUULHG RXW E\ KLP IRU WKH SXUSRVH RI FRPSO\LQJ ZLWK KLV REOLJDWLRQV XQGHU &ODXVH  RI WKH &RQGLWLRQV RI &RQWUDFW  LL ORVV RU GHVWUXFWLRQ RI RU GDPDJH FDXVHG WR H[LVWLQJ SURSHUW\ EHORQJLQJ WR WKH 8QLYHUVLW\ IURP DQ\ FDXVH LQ UHODWLRQ RU LQ FRQQHFWLRQ ZLWK WKH H[HFXWLRQ RI WKH &RQWUDFW VXEMHFW WR D OLPLW RI 6 LQ WKH DJJUHJDWH RQ ILUVW ORVV EDVLV  DQG LLL OLDELOLW\ IRU GDPDJH ORVV ZKLFK PD\ RFFXU WR DQ\ WKLUG SDUW\ SURSHUW\ RU LQMXU\ WR DQ\ SHUVRQ FDXVHG E\ RU DULVLQJ RXW RI WKH H[HFXWLRQ RI WKH 6HUYLFHV RU LQ FDUU\LQJ RXW RI WKH &RQWUDFW  $ VXPPDU\ RI WKH GHWDLOV RI FRYHU SURYLGHG E\ WKH LQVXUDQFH VSHFLILHG LQ &ODXVH  LV DV IROORZV  ,QVXUHG 3DUWLHV  &RQWUDFWRU DQG KLV VXEFRQWUDFWRUV RI DOO WLHUV WKH 8QLYHUVLW\ DV WKH (PSOR\HU3ULQFLSDO DQG UHSUHVHQWDWLYH RI FRQVXOWDQWV DQG (PSOR\HU3ULQFLSDO RQO\ LQ UHVSHFW RI WKHLU RQVLWH DFWLYLWLHV 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�

33 7;
7; LQ UHVSHFW RI DQ\ RWKHU ORVV GHVWUXFWLRQ RU GDPDJH ,Q UHVSHFW RI 'LUHFW )LW2XW &RQWUDFWV DQG 5HQRYDWLRQ DQG 5HGHFRUDWLRQ &RQWUDFWV DQG 7HUP &RQWUDFWV L 6 IRU HDFK DQG HYHU\ RFFXUUHQFH 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 3HULRG RI ,QVXUDQFH VKDOO EH WKH VDPH DV WKH &RQWUDFW 3HULRG DV VSHFLILHG LQ WKH $SSHQGL[  7KH &RQWUDFWRUV¶ $OO 5LVNV VSHFLPHQ LQVXUDQFH SROLF\ ZLWK WKH GHWDLOHG WHUPV DQG FRQGLWLRQV LV VKRZQ LQ ([KLELW $ DQG FDQ EH GRZQORDGHG IURP WKH 8QLYHUVLW\¶V ZHEVLWH DW KWWSVZZZQWXHGXVJRGIP XQGHU 8VHIXO ,QIRUPDWLRQ ĺ 7HQGHU&RQWUDFW 'RFXPHQWV ĺ ³([KLELW $  6SHFLPHQ &RQWUDFWRUV $OO 5LVNV ,QVXUDQFH 3ROLF\  ±  3 )RU WKH SXUSRVH RI &RQWUDFW SULFLQJ WKH &RQWUDFWRU VKDOO DVVXPH WKH IROORZLQJ LQVXUDQFH SUHPLXP UDWHV  &RQWUDFWRUV¶ $OO 5LVNV ,QVXUDQFH ±  $ PLQLPXP SUHPLXP DW 6 SHU SROLF\ DSSOLHV 7KH SUHPLXP IRU WKH DERYH LQVXUDQFH VKDOO EH FDOFXODWHG DV IROORZV &RQWUDFWRUV¶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

34 LQVXUDQFH DV VSHFLILHG LQ &ODXVH �
LQVXUDQFH DV VSHFLILHG LQ &ODXVH  &ODXVH  DQG &ODXVH   7D[ ,QYRLFH IRU WKH LQVXUDQFH ZLOO EH LVVXHG E\ WKH $SSRLQWHG ,QVXUHU WR WKH &RQWUDFWRU DV D IRUPDO UHTXHVW IRU SD\PHQW ZLWKLQ ILYH  ZRUNLQJ GD\V IURP &RQWUDFWRU¶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¶V LQVXUDQFHV DV GHVFULEHG EXW DQ\ FRQWLQJHQW OLDELOLW\ DULVLQJ RXW RI WKH &RQWUDFWRU¶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�

35 0F; SUHSDUH QHJRWLDWH DQG VHWWOH
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¶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

36 GHEW GXH IURP WKH &RQWUDFWRU
GHEW GXH IURP WKH &RQWUDFWRU  7KH &RQWUDFWRU VKDOO DW KLV RZQ H[SHQVH SURYLGH LQ DGGLWLRQ EXW QRW EH OLPLWHG WR WKH IROORZLQJ LQVXUDQFHV LQVRIDU DV WKH\ PD\ EH DSSOLFDEOH L :RUN ,QMXU\ &RPSHQVDWLRQ ,QVXUDQFH LQFOXGLQJ WKH 8QLYHUVLW\ DV DQ LQVXUHG SDUW\ LQ KLV FDSDFLW\ DV ³3ULQFLSDO´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

37 x000B; ,Q WKH FDVH RI GD
x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¶ SULQFLSDO IXQFWLRQV RI FRQWUROOLQJ WKH 6LWH ZLWK KLV RZQ 6LWH VWDII FRRUGLQDWLQJ WKH ZRUN RI DQ\ VXEFRQWUDFWRUV DQG RUGHULQJ RI &2& 178 &RQGLWLRQV RI &RQWUDFW 0LQRU :RUNV B5HYLVLRQ  PDWHULDOV DQG JRRGV IRU WKH :RUNV LV RI WKH HVVHQFH RI WKH &RQWUDFW DQG XQOHVV WKH 8QLYHUVLW\ VKDOO DJUHH LQ ZULWLQJ WKH &RQWUDFWRU VKDOO QHLWKHU DVVLJQ KLV LQWHUHVWV ULJKWV RU EHQHILWV XQGHU WKH &RQWUDFW QRU WUDQVIHU KLV OLDELOLW\ QRU PDNH DUUDQJHPHQWV IRU WKH YLFDULRXV SHUIRUPDQFH RI VXFK IXQFWLRQV E\ DQ\ RWKHU SHUVRQ QRU PDNH DUUDQJHPHQWV ZKHUHE\ WKH H[HFXWLRQ RI WKH :RUNV LV FDUULHG RXW E\ DQRWKHU SHUVRQ RU SHUVRQV  6XEFRQWUDFWRUV ([FHSW ZKHUH H[SUHVVO\ SURYLGHG E\ WKH &RQWUDFW WKH &RQWUDFWRU VKDOO QRW HQJDJH RU SHUPLW WKH HQJDJ

38 HPHQW RI DQ\ VXEFRQWUDFWRU ZLWKRXW WKH S
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¶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

39 QGHU WKH VDLG $FWV
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

40 WHPSRUDU\ EXLOGLQJV VWUXFWXUHV&
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³WKH 8QLYHUVLW\¶V &RVW´ UHSUHVHQWLQJ WKH WRWDO RI WKH FRVW WR WKH 8QLYHUVLW\ RI FRPSOHWLRQ DQG UHPHG\LQJ RI DQ\ 'HIHFWV GDPDJHV IRU GHOD\ LQ FRPSOHWLRQ LI DQ\ DV SURYLGHG E\ &ODXVH  RU RWKHUZLVH DQG DOO RWKHU H[SHQVHV LQFXUUHG E\ WKH 8QLYHUVLW\ 7KH &RQWUDFWRU VKDOO WKHQ EH HQWLWOHG WR UHFHLYH RQO\ VXFK VXP LI DQ\ DV WKH 8QLYHUVLW\ PD\ FHUWLI\ ZRXOG KDYH EHHQ SD\DEOH WR WKH &RQWUDFWRU XSRQ GXH FRPSOHWLRQ RI WKH :RUNV E\ WKH &RQWUDFWRU DIWHU GHGXFWLQJ WKH 8QLYHUVLW\¶V &RVW ,I WKH 8QLYHUVLW\¶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

41
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³3D\PHQW &ODLP´  )RU WKH SXUSRVHV RI SD\PHQW FODLPV PDGH XQGHU WKLV &ODXVH WKH 3D\PHQW &ODLP VKDOO KDYH WKH VDPH &2& 178 &RQGLWLRQV RI &RQWUDFW 0LQRU :RUNV B5HYLVLRQ  PHDQLQJ DVFULEHG LQ WKH %XLOGLQJ DQG &RQVWUXFWLRQ ,QGXVWU\ 6HFXULW\ RI 3D\PHQW $FW  KHUHDIWHU UHIHUUHG WR DV WKH ³$FW´  7KH 3D\

42 PHQW &ODLP VKDOO EH PDGH LQ FRPSOLDQFH
PHQW &ODLP VKDOO EH PDGH LQ FRPSOLDQFH ZLWK WKH UHTXLUHPHQWV RI WKH $FW DQG VKDOO VKRZ WKH DPRXQWV KHUHDIWHU UHIHUUHG WR DV WKH ³&ODLPHG $PRXQW´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³3D\PHQW &HUWLILFDWH´ WR WKH &RQWUDFWRU VKRZLQJ WKH DPRXQWV ZKLFK PD\ FRQVLVW RI GHGXFWLRQ RI DQ\ VXPV ZKLFK KDYH EHHQ RU PD\ EHFRPH GXH DQG SD\DEOH E\ WKH &RQWUDFWRU WR WKH 8QLYHUVLW\ XQGHU WKH &RQWUDFW RU RWKHUZLVH KHUHDIWHU UHIHUUHG WR DV WKH ³5HVSRQVH $PRXQW´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¶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

43 �
 )LQDO 3D\PHQW &ODLP  :LWKLQ  GD\V RI WKH 'DWH RI 3UDFWLFDO &RPSOHWLRQ RU WKH ODVW 'DWH RI 3UDFWLFDO &RPSOHWLRQ LI PRUH WKDQ RQH  WKH &RQWUDFWRU VKDOO VXEPLW LQ ZULWLQJ WR WKH 8QLYHUVLW\ D FODLP IRU ILQDO SD\PHQW LQ VXFK IRUP DV WKH 8QLYHUVLW\ PD\ SUHVFULEH KHUHDIWHU UHIHUUHG WR DV WKH ³)LQDO 3D\PHQW &ODLP´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³*67´ FKDUJHDEOH XQGHU WKH *RRGV DQG 6HUYLFHV 7D[ $FW KHUHDIWHU LQ &ODXVH  FDOOHG ³WKH $FW´ IRU WKH VXSSO\ RI JRRGV VHUYLFHV RU ZRUNV UHTXLUHG XQGHU WKH &RQWUDFW  8QOHVV WKH &RQWUDFWRU LV QRW D WD[DEOH SHUVRQ XQGHU WKH $FW WKH 8QLYHUVLW\ VKDOO UHLPEXUVH WKH &RQWUDFWRU DQ\ *67 FKDUJHG RQ WKH JRRGV VHUYLFHV RU ZRUNV UHTXLUHG XQGHU WKH &RQWUDFW  7KH &RQWUDFWRU ZKHQ VXEPLWWLQJ WKH 3D\PHQW &ODLPV UHTXLUHG E\ &ODXVH  DQG WKH )LQDO 3D\PHQW &ODLP UHTXLUHG

44 E\ &ODXVH 
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

45 WHUPLQDWLRQ RI WKH &RQWUDFW RU WKH &RQW
WHUPLQDWLRQ RI WKH &RQWUDFW RU WKH &RQWUDFWRU¶V HPSOR\PHQW HLWKHU SDUW\ PD\ JLYH QRWLFH WR WKH RWKHU SDUW\ &2& 178 &RQGLWLRQV RI &RQWUDFW 0LQRU :RUNV B5HYLVLRQ  RI KLV LQWHQWLRQ WR UHIHU WKH GHFLVLRQ RU WKH GLVSXWH RU GLIIHUHQFH WR DQ DUELWUDWRU 7KH DUELWUDWRU PD\ EH DJUHHG XSRQ E\ WKH SDUWLHV RU IDLOLQJ VXFK DJUHHPHQW VKDOO EH D SHUVRQ WR EH QRPLQDWHG RQ WKH DSSOLFDWLRQ RI HLWKHU SDUW\ E\ WKH &KDLUPDQ RI WKH 6LQJDSRUH ,QWHUQDWLRQDO $UELWUDWLRQ &HQWUH 6XFK UHIHUHQFH VKDOO QRW ZLWKRXW 8QLYHUVLW\¶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

46 HVROYHG E\ DUELWUDWLRQ LQ 6LQJDSRUH LQ
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³WKH 6HUYLFH $GGUHVV´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

Related Contents

Next Show more