PTI Clause Samples
The PTI (Post-Termination Interest) clause defines the obligation to pay interest on amounts that remain unpaid after the termination of an agreement. Typically, this clause specifies the interest rate, the period for which interest accrues, and the types of outstanding payments it covers, such as unpaid fees or damages. By establishing clear terms for post-termination interest, the clause incentivizes timely payment and compensates the owed party for delays, thereby reducing disputes and financial risk associated with late payments.
POPULAR SAMPLE Copied 1 times
PTI. Periodical Technical Inspection, Information on how to perform a technical inspection on specific parts of the vehicle, for example: Brakes, Steering, Lamps, Chassis, etc.
PTI. PTI may sublicense its rights under clauses (i) and (ii) of Section 7.2(c) only to Collaborators and Qualified Service Providers, and may not sublicense its rights under clause (iii) of Section 7.2(c) to any Third Party. With respect to any Discontinued Collaboration Compounds, and related products, PTI may sublicense the rights granted to it under clause (iv) of Section 7.2(c) to any Third Parties, provided that any such sublicense must be consistent with the terms of this Agreement and PTI shall remain responsible for the performance of those of its obligations under this Agreement that it has sublicensed or delegated to its and its Affiliates’ Sublicensees. PTI shall deliver to Biogen Idec written notice of all such sublicenses, together with a copy of all executed sublicense agreements, no later than [***] following the granting of such sublicense. PTI may redact from any copies of sublicenses provided to Biogen Idec hereunder any terms that are not applicable to the determination of whether such sublicense is consistent with the terms of this Agreement and the Harvard License and PTI’s obligations hereunder and thereunder.
PTI. PTI shall have agreed by written agreement in form and substance in conformance with the terms of the draft previously provided to Parent to amend the terms of the Service Agreement, dated as of June 21, 1996, by and between MAGroup, Inc. (assignor of PTI) and the Company, as previously amended.
PTI. PTI involvement in WP1 has been focused on generate the full specification of the CO, ARN and CPE objects, with the interfaces and modules to interact with the hardware. Final requirements of SODALES will require to adjust MS11 and D1.1 as the initial architecture has been slightly modified. PTI has also studied the CO to ARN connection, in order to provide synchronized services with both SYNC-E and PTP 1588v2. Finally, PTI has reviewed different options to provice 100G services, using both WDM and coherent options.
PTI. PTI has led and contributed to D3.1 by providing general information about PTI platforms in order to understand the communication schemes with the hardware that will be used in SODALES.
PTI. PTI involvement in WP1 has been focused on the study of the practical implementation of the SODALES architecture, especially of the optical elements such as ROADMs and AWGs. PTI has also analysed the coexistence of the legacy aggregation with packet-based networks and TDM networks such as SDH.