No Demand definition

No Demand means either: no sales of the relevant items to the Buyer during six consecutive months; or actual demand during the six-month period results in the remaining stock being in excess of 12 months’ requirements. If, following payment for stock by the Buyer pursuant to this clause, No Demand for that stock is received in the subsequent six-month period, the Company may, with the prior consent of the Buyer, dispose of the remainder of that stock.
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No Demand means either: no sales of the relevant items to the Customer during six consecutive months; or actual demand during the six month period results in the remaining stock being in excess of 12 months’ requirements. If, following payment for stock by the Customer pursuant to this clause, No Demand for that stock is received in the subsequent six month period, the Company may, with the prior consent of the Buyer, dispose of the remainder of that stock.
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No Demand. The undersigned have received no demand for payment under the terms of the Mortgage and the note which it secures within the last six (6) years. No Payment: The undersigned has not made or caused to be made any payments under the terms of the Mortgage to the holder of the Mortgage or its designee, if any, within the last six (6) years. Indemnification: The undersigned hereby agrees to hold New York Title Abstract Services, Inc. and its underwriter harmless from all liability, loss or damage of any nature, including attorneys’ fees and expenses, which New York Title Abstract Services, Inc. may sustain by reason of its reliance on these statements. Reliance. I make this affidavit in order to induce New York Title Abstract Services, Inc. and its underwriter to issue a policy of title insurance, knowing they will rely on the truth and accuracy of the statements made herein. _________________________________________ Sworn to before me this _____ day of ______________, 20___ _________________________________________ _____________________________ Notary Public
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Examples of No Demand in a sentence

  • No Demand Innovated Leasing shall not, before making any demand or claim upon a Guarantor, be required to make any claim upon or take any action against the Customer or any other Guarantor.

  • After expiration of the maintenance period, provided always that the contractor shall first have been paid final bill and have rendered a "No Demand" certificate, the security deposit mentioned shall be released after satisfactory completion of the maintenance period of the work duly verified by Site In charge.

  • No Demand Registration shall be deemed to have been effected for purposes of Section 2.01(c) if during the Demand Period such Registration or the successful completion of the relevant sale is prevented by any stop order, injunction or other order or requirement of the SEC or other governmental agency or court.

  • No Demand Components due to BUYERS actions such as, but not limited to, changes in Goods Specification, Cancelation of a Purchasing Order or Termination of Goods manufacturing resulting in no foreseen requirement for component at SUPPLIERS facility.

  • After expiration of the maintenance period, provided always that the contractor shall first have been paid final xxxx and have rendered a "No Demand" certificate, the security deposit mentioned in condition 16 above shall be refunded to the contractor as follows: 50% shall be released alongwith the final xxxx and balance 50% shall be released after satisfactory completion of the maintenance period of the work duly verified by Site Incharge.

  • BUYER accepts responsibility for all such components and commits to buy all No Demand components at cost cash value paid by SUPPLIER with additional 5 % of total value for handling cost.

  • No Demand Registration shall be required to be made by the Company for a Holder if it is within six (6) months of another registration that included such Holder's Registrable Securities.

  • No Demand Registration withdrawn pursuant to this Section 6.4 shall count against the number of Demands which may have been made under Section 6.1(a) hereof.

  • The contractor shall submit No Demand Certificate (NDC) for the net payment as finalized in the final bill before release of payment.

Related to No Demand

  • Demand has the meaning set forth in Section 2.1(a).

  • on demand means a system where a user, subscriber or viewer is enabled to access, at a time chosen by such user, any content in electronic form, which is transmitted over a computer resource and is selected by the user;

  • Contract Demand means:-

  • Peak Demand means the maximum Metered Demand in the last 12 months;

  • Notice of Default means a written notice of the kind specified in Section 501(4).

  • Billing Demand means the metered demand or connected load after necessary adjustments have been made for power factor, intermittent rating, transformer losses and minimum billing. A measurement in kiloWatts (kW) of the maximum rate at which electricity is consumed during a billing period;

  • Underwritten Demand shall have the meaning given in subsection 2.1.3 of this Agreement.

  • Maximum Demand means the greatest demand required by a customer during a specific length of time.

  • Video-On-Demand or “VOD” means a programming system for transmission and retransmission of a single motion picture or programme (or series of related programs) delivered by means of a telecommunications or other technical system from a digital storage devise or presented in any form that permits Exhibition of such motion picture or programs in a non-linear form at the discretion of the viewer.

  • Protest means a written objection by an interested party to this solicitation or to a proposed or actual award of a contract pursuant to this solicitation.

  • LC Application an application by Borrower Agent to Issuing Bank for issuance of a Letter of Credit, in form and substance satisfactory to Issuing Bank.

  • Notice of Action shall have the meaning set forth in Section 7.1C.

  • Notice of Dishonor means the right to require the Note Holder to give notice to other persons that amounts due have not been paid.

  • Request for Issuance means a request made pursuant to Section 2.04 in the form of Exhibit B.

  • Notice of Issuance has the meaning specified in Section 2.03(a).

  • Notice of assessment means a written notice by the division, based on a citation, that the employer must pay the amount of wages, penalties, or fines assessed.

  • Written Procedure means the written or electronic procedure for decision making among the Bondholders in accordance with Clause 18 (Written Procedure).

  • Notice of Appeal means a notice given pursuant to Condition 6.2.

  • Notice of Dissent means a notice of dissent duly and validly given by a registered holder of Aphria Shares exercising Dissent Rights as contemplated in the Interim Order and as described in Article 4;

  • Request for Payment means a payment application or declaration of expenditure submitted by the Member State to the Commission;

  • Notice of Sale means the Notice of Sale of the Trust relating to the sale of the Series 2016A-1 Bonds to be dated on or about May 2, 2016, substantially in the form attached hereto as Exhibit D.

  • Facility LC Application is defined in Section 2.19.3.

  • Review Demand Date means, for a Review, the date when the Indenture Trustee determines that each of (a) the Delinquency Trigger has occurred and (b) the required percentage of Noteholders has voted to direct a Review under Section 7.2 of the Indenture.

  • LC Payment Notice has the meaning specified in Section 2.04(e).

  • Notice of Dissatisfaction means the notice given by either Party to the other indicating its dissatisfaction and intention to commence arbitration.

  • Notice of Guaranteed Delivery means the notice of guaranteed delivery in the form printed on green paper accompanying the Offer to Purchase and Circular;