Acceptance Procedure Clause Samples
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Acceptance Procedure. 9.1 No later than * B▇▇▇ shall inform Buyer by facsimile or telegraphic communication or other expeditious means, of the projected week of delivery within the delivery month. B▇▇▇ shall give Buyer at least * advance notice, by facsimile or telegraphic communication or other expeditious means, of the projected date of readiness of each Aircraft for inspection and delivery. B▇▇▇ and Buyer shall then agree on a mutually acceptable targeted delivery schedule within the delivery month. B▇▇▇ shall give Buyer at least * advance notice, by facsimile or telegraphic communication or other expeditious means, of the date on which an Aircraft will be ready for Buyer's inspection, flight test and acceptance (the "Readiness Date"), which Readiness Date shall take into account the targeted delivery schedule mentioned above or such other date as the parties my have agreed upon.
9.2 Within two (2) days following receipt by Buyer of the notice of Readiness Date Buyer shall:
(a) provide notice to B▇▇▇ as to the source and method of payment of the balance of the Aircraft Purchase Price;
(b) identify to B▇▇▇ the names of Buyer's representatives who will participate in the inspection, flight test and acceptance; and
(c) provide evidence of the authority of the designated persons to execute the Certificate of Acceptance and other delivery documents on behalf of Buyer.
9.3 Buyer shall have three (3) consecutive working days commencing on the Readiness Date in which to complete the inspection and flight test (such three (3) working day period being the "Acceptance Period"). This three (3) day period may be extended in the event of any delay by B▇▇▇ in making the Aircraft available for inspection and flight test.
9.4 Up to four (4) representatives of Buyer may participate in Buyer's ground inspection of the Aircraft and two (2) representatives of Buyer may participate in the flight test. B▇▇▇ shall, if requested by Buyer, perform an acceptance flight of not less than one (1) and not more than three (3) hours duration. Ground inspection, in accordance with procedures to be mutually agreed to, and flight test shall be conducted in accordance with BRAD's acceptance procedures (a copy of which shall be provided to Buyer at least 30 days prior to the Scheduled Delivery Date of the First Aircraft hereunder), as may be amended by mutual agreement of Buyer and B▇▇▇, and at BRAD's expense. At all times during ground inspection and flight test, B▇▇▇ shall retain control over the Aircraft.
9.5...
Acceptance Procedure. Lessor hereby authorizes one or more employees of the related Lessee, to be designated by such Lessee, as the authorized representative or representatives of Lessor to accept delivery on behalf of Lessor of that Leased Property identified on the applicable Funding Request. Each Lessee hereby agrees that such acceptance of delivery by such authorized representative or representatives and the execution and delivery by such Lessee on each Closing Date for property to be leased hereunder of a Lease Supplement in substantially the form of Exhibit A hereto (appropriately completed) shall, without further act, constitute the irrevocable acceptance by such Lessee of that Leased Property which is the subject thereof for all purposes of this Lease and the other Operative Documents on the terms set forth therein and herein, and that such Leased Property, together with, in the case of Land, any Building or other improvements thereon or to be constructed thereon pursuant to the Construction Agency Agreement, shall be deemed to be included in the leasehold estate of this Lease and shall be subject to the terms and conditions of this Lease as of such Closing Date. The demise and lease of each Building pursuant to this Section 2.2 shall include any additional right, title or interest in such Building which may at any time be acquired by Lessor, the intent being that all right, title and interest of Lessor in and to such Building shall at all times be demised and leased to the related Lessee hereunder.
Acceptance Procedure. The Wrecker Contractor shall render the deliverables as described in services to be performed, under the terms and conditions thereof. The City shall have a maximum of thirty (30) days from the delivery completed reports and recommendations within which to respond in writing to such delivery. If the City believes the completed work does not conform to the requirements of the Agreement, it shall notify the Wrecker Contractor in writing thereof, within the above-mentioned thirty (30) days and shall indicate with particularity in what manner the reports fails to conform. In the absence of such notice of non-conformance, acceptance of the work will be presumed.
Acceptance Procedure. The Supplier will advise the Buyer when the Deliverable is ready for review and the Buyer shall promptly review within two working days. If a Deliverable materially meets the relevant (‘’Acceptance Criteria’’), the Buyer shall notify the Supplier immediately in writing, and such Deliverable shall be accepted by the Buyer. If the Deliverable materially fails to meet the relevant Acceptance Criteria then the Buyer shall notify the Supplier immediately in writing, with sufficient details and comments in respect of the failure to enable the Supplier to use reasonable endeavours to remedy any material defects and confirm the relevant Deliverable is ready for review against the relevant Acceptance Criteria within 5 (five) Working Days from the date of the Buyer’s initial notice of the failure of the Deliverable to satisfy the Acceptance Criteria. Any remediation work associated with a failure is to be completed at the supplier’s expense.
Acceptance Procedure. The Lessee hereby agrees that the execution and delivery by the Lessee on the Acquisition Date of an appropriately completed Lease Supplement in the form of Exhibit B hereto covering the Property thereon shall, without further act, constitute the irrevocable acceptance by the Lessee of the Property for all purposes of this Lease and the other Operative Documents on the terms set forth therein and herein, and that the Property, shall be deemed to be included in the leasehold estate of this Lease and shall be subject to the terms and conditions of this Lease as of the Acquisition Date.
Acceptance Procedure. 2 Section 2.3. Lease Term.............................................................................2 Section 2.4. Title..................................................................................3
Acceptance Procedure. INFN and Nikhef Technical Coordinators shall grant acceptance of the deliverables set out in Annex 3 within two (2) months from submission by CERN of the relevant report demonstrating successful completion.
Acceptance Procedure. PROVIDER shall render the deliverables described in Attachment A under the terms and conditions thereof. The CITY may perform site visits and records reviews to assess PROVIDER’s performance in fulfilling this contract, and will receive from PROVIDER semi-annual reports describing the actions taken and results obtained toward fulfilling the scope of services requirements. The CITY shall have thirty (30) working days from the delivery of each semi-annual report prepared hereunder within which to respond in writing to such delivery. If the CITY believes any completed semi-annual report does not conform to the requirements of the Agreement, it shall notify PROVIDER in writing thereof, within the above-mentioned thirty (30) days and shall indicate with particularity in what manner the report fails to conform. If the report defect is not remedied within 30 days after notice of deficiency, the parties agree that 1/12th of the total contract compensation shall become due to the CITY as liquidated damages, and not as a penalty.
Acceptance Procedure. D8.1 This Condition D8 shall apply in the absence of any specific acceptance procedures elsewhere in the Contract.
Acceptance Procedure. With respect to each BA Advance:
5.2.1 The Agent shall promptly notify in writing each Lender of the details of the proposed BA Advance, specifying:
5.2.1.1 for each BA Lender (a) the principal amount of the Bankers’ Acceptances to be accepted by such Lender, and (b) the Designated Period of such Bankers’ Acceptances; and
5.2.1.2 for each Non-BA Lender (a) the principal amount of the Discount Notes to be issued to such Lender and (b) the Designated Period of such Discount Notes.
5.2.2 The Agent shall establish the Bankers’ Acceptance Discount Rate at or about 10:00 a.m. on the Acceptance Date, and the Agent shall promptly determine the amount of the BA Proceeds.
5.2.3 Forthwith, and in any event not later than 11:30 a.m. on the Acceptance Date, the Agent shall indicate to each Lender, in the manner set out in Section 16.5 and to the Borrower:
5.2.3.1 the Bankers’ Acceptance Discount Rate;
5.2.3.2 the amount of the Stamping Fee applicable to the Bankers’ Acceptances to be accepted by such Lender on the Acceptance Date, calculated by multiplying the appropriate percentage determined in accordance with subsection 2.7.1 by the face amount of each Bankers’ Acceptance (taking into account the number of days in the Designated Period), each such Lender being authorized by the Borrower to deduct such Lender’s Stamping Fee out of the BA Proceeds of the Bankers’ Acceptances accepted by it;
5.2.3.3 the BA Proceeds of the Bankers’ Acceptances to be purchased by such Lender on such Acceptance Date; and
5.2.3.4 the amount obtained (the “Available Proceeds”) by deducting the Stamping Fee referred to in subsection 5.2.3.2 from the BA Proceeds mentioned in subsection 5.2.3.3.
5.2.4 Not later than 1:00 p.m. on the Acceptance Date, each Lender shall make available to the Agent its Available Proceeds.
5.2.5 Not later than 3:00 p.m. on the Acceptance Date, subject to the applicable provisions of this Agreement, the Agent shall transfer the Available Proceeds to the Borrower and shall notify the Borrower of the details of the issue.