Automatic acceptance Sample Clauses

Automatic acceptance. The Act is amended by inserting the following after section 223 :
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Automatic acceptance. In the event that Corbis does not notify Busy Box of any deficiencies in the Site within seven (7) days of the initial seven-day trial period, Corbis shall be deemed to have accepted the Site.
Automatic acceptance. Whenever, the CEDING COMPANY requires reinsurance for the excess over its retention of life insurance on a policy which is underwritten with the CEDING COMPANY's usual underwriting standards for individually selected risks and is not a group conversion or classified as a jumbo risk, the CEDING COMPANY will cede and the REINSURER will accept such reinsurance up to four times the retention of the CEDING COMPANY on any one risk whenever the CEDING COMPANY retains its maximum retention as indicated at Exhibit I. The initial minimum amount of life reinsurance under each cession shall be $1,000 unless otherwise mutually agreed to in writing.
Automatic acceptance. The CEDING COMPANY shall automatically cede to the REINSURER the excess over its then applicable retention for standard risks whenever an insured purchases additional insurance in specified amounts and at specified times without being required to produce evidence of INSURABILITY under a Guaranteed INSURABILITY Rider attached to a life insurance policy issued as a standard risk and subject to automatic reinsurance under the Automatic Reinsurance Agreement between the CEDING COMPANY and the REINSURER. The REINSURER shall automatically accept such additional amounts up to $10,000.00.
Automatic acceptance a The Company will accept for membership any person who is Employed under the Xxxxxxx Helicopters Australia (Helicopter Pilots) Union Collective Agreement 2008 and actively carrying out their Occupation on a full time basis b Membership shall entitle the person to insurance cover equal to the Monthly Benefit
Automatic acceptance. In case an automatically accepted design change requires the update of the CAAC Validation of Type Certificate (VTC) or its Data Sheet (VTCDS), a further application for administrative update of the VTC or VTCDS shall be made by the VTC holder and the necessary data shall be provided to CAAC.  No compliance technical data to be provided  No CSV requested to EASA for this purely administrative documentation update  There may be fees and an inherent administrative delay to be taken into account CERTIFICATE APPROVALS: PROCESSES Your safety is our mission. An Agency of the European Union Automatic Acceptance Administrative Validation Streamlined Validation Technical Validation Validation of certificates and approvals For approvals not eligible to automatic Acceptance: risk-based approach influenced by:  the extent of past certification and operational experience with similar CA products  specific design features and operational characteristics of the project presented for validation. This risk-based approach establishes three paths for validation: Validation through Administrative process only Streamlined validation limited to technical familiarisation without involvement of the VA in the showing of compliance Technical validation in accordance with LoI principles CA Approval → TIP §3.5.x gives details on the applicable process for each case. Validation of certificates and approvals → All three validation processes (Administrative Validation, Streamlined Validation, and Technical Validation) require:  A formal application to the VA  a CA’s statement that the design complies with the VA certification basis  and issuance of a VA design approval or certificate. → However, the intermediate steps between application and VA approval vary depending on which process is applied. → §3.5.x gives details on each step of the applicable process for each validation path. Administrative Validation → Applicable only to CAAC validation of:  EU TSOA  EU Non-significant STCs → NO technical investigation: Complete application package received by the Validating Authority  Validated Certificate is issued by the VA within fifteen (15) working days, with notification to the CA. → The minor / major and significant / non-significant classifications are made by the CA in accordance with the criteria and definitions defined in the Annex (similar to EU Part 21) and interpreted in accordance with the applicable rules and procedures of the CA. CERTIFICATE APPROVALS: PROCESSES Yo...

Related to Automatic acceptance

  • Time for Acceptance Unless the Optionee shall evidence his/her acceptance of this Option by execution of this Agreement within ten (10) days after its delivery to him/her, the Option and this Agreement shall be null and void.

  • Order Acceptance All orders are subject to acceptance only at Seller’s facility in Farmington, Connecticut. These Terms of Sale shall be deemed accepted by Buyer upon Seller’s receipt of Purchase Order from Buyer. No condition stated by Buyer shall be binding upon Seller if in conflict with, inconsistent with or in addition to the Terms of Sale, unless expressly accepted in a writing signed by Seller. In the event of conflict or differences in the terms or conditions of Buyer’s Purchase Order and the Terms of Sale herein, the Terms of Sale shall govern.

  • Grantee Acceptance Grantee shall signify acceptance of the terms and conditions of this Agreement by signing in the space provided at the end hereof and returning a signed copy to the Company.

  • PRODUCT ACCEPTANCE Unless otherwise provided by mutual agreement of the Authorized User and the Contractor in the Authorized User Agreement, Authorized User(s) shall have sixty (60) days from the date of delivery to accept all Product. Where the Contractor is responsible for installation, acceptance shall be from completion of installation. Title or other property interest and risk of loss shall not pass from Contractor to the Authorized User until the Products have been accepted. Failure to provide notice of acceptance or rejection or a deficiency statement to the Contractor by the end of the period provided for under this clause constitutes acceptance by the Authorized User(s) as of the expiration of that period. The License Term shall be extended by the time periods allowed for trial use, testing and acceptance unless the Commissioner or Authorized User agrees to accept the Product at completion of trial use. Unless otherwise provided by mutual agreement of the Authorized User and the Contractor, Authorized User shall have the option to run testing on the Product prior to acceptance, such tests and data sets to be specified by User. Where using its own data or tests, Authorized User must have the tests or representative set of data available upon delivery. This demonstration will take the form of a documented installation test, capable of observation by the Authorized User, and shall be made part of the Contractor’s standard documentation. The test data shall remain accessible to the Authorized User after completion of the test. In the event that the documented installation test cannot be completed successfully within the specified acceptance period, and the Contractor or Product is responsible for the delay, Authorized User shall have the option to cancel the order in whole or in part, or to extend the testing period for an additional thirty

  • BID ACCEPTANCE PERIOD A bid shall constitute an irrevocable offer for a period of ninety (90) days from the bid opening date or until the date of award. In the event that an award is not made by the County within ninety (90) days from the bid opening date, the Bidder may withdraw their bid or provide a written extension of their bid.

  • CONTRACT ACCEPTANCE By acceptance of this order, Xxxxxx agrees that the scope of the work required is understood by Xxxxxx; that there are no informal commitments by Buyer that in any way affect the work under this order; that there are no open or unresolved issues related to this order except as explicitly stated herein; and that Xxxxxx therefore understands and agrees that this order states the complete agreement of the parties. COST ACCOUNTING STANDARDS (CAS) CAS requirements do not apply if the order does not exceed $650,000 or if the Seller claims an exemption per the Proposal Representation and Certification, or if certified cost or pricing data was not provided.

  • STATE ACCEPTANCE All insurance providers are subject to Agency acceptance. If requested by Agency, Grantee shall provide complete copies of insurance policies, endorsements, self-insurance documents and related insurance documents to Agency’s representatives responsible for verification of the insurance coverages required under this Exhibit C. Additional Coverages That May Apply:

  • Card Acceptance MERCHANT agrees to accept American Express Cards in accordance with the terms of this Agreement and agrees to adhere to the American Express Operating Regulations and the American Express OptBlue Program Merchant Requirements, which are both incorporated herein by reference and made a part hereof for all purposes, and are also available at xxx.xxxxxxxxxxxxxxx.xxx/xxxxxxxxxxxxx. MERCHANT ACKNOWLEDGES THAT IT MAY CHOOSE NOT TO ACCEPT AMERICAN EXPRESS CARDS AT ANY TIME DURING THE TERM OF THIS AGREEMENT AND SUCH ACTION DOES NOT DIRECTLY NOR INDIRECTLY AFFECT MERCHANT’S RIGHTS TO ACCEPT ANY OTHER PAYMENT CARD. MERCHANT acknowledges that it is the MERCHANT’s sole obligation to ensure that it possesses the most current version of the American Express Operating Regulations and the American Express OptBlue Program Merchant Requirements as they are amended from time to time.

  • Deemed Acceptance You are required to accept the terms and conditions set forth in this Agreement prior to the Vesting Date in order for you to receive the Award granted to you hereunder. If you wish to decline this Award, you must reject this Agreement prior to the Vesting Date. For your benefit, if you have not rejected the Agreement prior to the Vesting Date, you will be deemed to have automatically accepted this Award and all the terms and conditions set forth in this Agreement. Deemed acceptance will allow the shares to be released to you in a timely manner and once released, you waive any right to assert that you have not accepted the terms hereof.

  • Procedure for Acceptance If Tenant wishes to exercise Tenant’s right of first refusal with respect to the space described in the First Refusal Notice, then within five (5) business days after delivery of the First Refusal Notice to Tenant (“Election Date”), Tenant shall deliver notice to Landlord of Tenant’s exercise of its right of first refusal with respect to the entire space described in the First Refusal Notice and on the First Refusal Economic Terms contained therein. Subject to the remaining provisions of this Section 1.4.2, if Tenant does not exercise its right of first refusal within the five (5) business day period (on all of the First Refusal Economic Terms), then Landlord shall be free to lease the space described in the First Refusal Notice to anyone to whom Landlord desires on any terms Landlord desires and Tenant’s right of first refusal with respect to the space identified in the First Refusal notice shall thereupon automatically terminate; provided, however, that if Landlord intends to enter into a lease upon First Refusal Economic Terms which are, in the aggregate, materially more favorable to a prospective tenant than those First Refusal Economic Terms proposed by Landlord in the First Refusal Notice to Tenant, then Landlord shall first deliver written notice to Tenant (“Second Chance Notice”) providing Tenant with the opportunity to lease the First Refusal Space on such more favorable First Refusal Economic Terms. For purposes hereof, First Refusal Economic Terms shall be materially more favorable to a third party if such First Refusal Economic Terms reflect a net effective rental rate (including any rent abatement and Tenant Improvement costs/allowance and any other economic concessions) less than ninety-five percent (95%) of the net effective rental rate for such First Refusal Space as those proposed by Landlord in the First Refusal Notice to Tenant. Tenant’s failure to elect to lease the First Refusal Space upon such more favorable First Refusal Economic Terms by written notice to Landlord within five (5) business days after Tenant’s receipt of such Second Chance Notice from Landlord shall be deemed to constitute Tenant’s election not to lease such space upon such more favorable First Refusal Economic Terms, in which case Landlord shall be entitled to lease such space to any third (3rd) party on terms not materially more favorable to the third (3rd) party than those set forth in the Second Chance Notice; provided, however, that for purposes of the Second Chance Notice, First Refusal Economic Terms shall be materially more favorable to a third party if such First Refusal Economic Terms reflect a net effective rental rate (including any rent abatement and Tenant Improvement costs/allowance and any other economic concessions) less than ninety-eight percent (98%) of the net effective rental rate for such First Refusal Space as those proposed by Landlord in the First Refusal Notice to Tenant. If Landlord does lease such First Refusal Space to a third (3rd) party tenant pursuant to the terms and conditions of this Section 1.4.2, Tenant shall have no further right to lease such First Refusal Space. If Landlord does not enter into a lease or leases all of the First Refusal Space identified by Landlord in such First Refusal Notice within three (3) months after the date Landlord first delivered such First Refusal Notice to Tenant, then Landlord shall submit to Tenant a new First Refusal Notice with respect to any such unleased First Refusal Space before Landlord may lease such space to another party, provided that no existing Superior Right holder wishes to lease such space in accordance with its Superior Rights in which event the foregoing procedures shall again apply following Tenant’s receipt of such new First Refusal Notice. Notwithstanding anything to the contrary contained herein, Tenant must elect to exercise its right of first refusal, if at all, with respect to all of the space comprising the First Refusal Space offered by Landlord to Tenant at any particular time, and Tenant may not elect to lease only a portion thereof or object to any of the First Refusal Economic Terms.

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