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Although still uncommon in Egypt, applying service contracts for brownfield operations have been subject of debate to enhance production prospects and the profitability of Egypt's mature fields.
The company won the service contract in the last Philippine Energy Contracting Round-5 that the DOE had undertaken three years ago.
The EV-specific Service Contracts will be applicable to new vehicles only.
"Service contracts are characterized by regular requirement of funds; therefore, access to liquidity has been included as a qualifying criterion," said a statement.
The merger is expected to offer expansive product solutions, offering a stream of revenue for direct marketing companies, auto dealerships and service contract administrators.
The benefits of a service contract extend beyond simply repairing equipment.
New service contract management module allows photocopier and printer rental businesses to efficiently manage photocopier or printer contracts, keep track of monthly page counters, paper & cartridge consumption and bill customers for usage as well as for recurring monthly rentals.
The courts have ruled that it may be unconstitutional to enforce a personal service contract. The common interpretation is that enforcing specific or continued performance of such a contract falls under the Thirteenth Amendment's prohibition of involuntary servitude.
BANKING AND CREDIT NEWS-January 22, 2015-Ally previews vehicle service contract and technology platform
Monaghan concludes: "A service contract is a two-way relationship that benefits both parties.
In return the Scandinavian construction giant received mortgage repayments and income from a lucrative service contract.
Each service contract will have a pre-development term of three years and a 25-year development stage, which is likely to be extended for another 25 years.
TELECOMWORLDWIRE-10 August 2009-NewMarket Technology launches new service contract in China(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
Steve Ridenhour, CEO of ServRight, the leading North American vendor-independent technical services provider, has announced the company has completed the purchase of the service contract customer database of Data Business Systems (DBS), a Birmingham,
The European Commission decided, on 26 November, that the public service contract concluded between the Austrian bus company Postbus and the Verkehrsverbund Tirol, the private law body in charge of organising public transport in the district of Lienz, contains state aid but that this is compatible with the common market.
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