Accepted for Clearing definition
Examples of Accepted for Clearing in a sentence
If RSP elects not to do so it shall notify the Licensee accordingly of this decision within five (5) Business Days and also advise the Licensee within ten (10) Business Days of any costs which the Licensee shall have to pay in respect of correcting this information for resubmission to RSP, so that the relevant Rail Product and/or Refund can be Accepted for Clearing in the subsequent Settlement Period.
This Paragraph 12 relates to settlement of revenues arising under this Agreement as a result of Rail Products Sold, Issued or of Refunds made by the Licensee which were Accepted for Clearing by RSP in that Settlement Period or any other amounts payable by the Licensee in that Settlement Period.
If RSP decides to make this calculation, that Operator shall not be entitled to receive Licensee's Remuneration on those Rail Products at that time, but will receive the Licensee’s Remuneration when the Rail Products Issued by the Licensee are Accepted for Clearing, less RSP’s reasonable costs.
If any information which the Agent is bound to provide under Paragraphs G3 to G7 of this Annex G is lost or destroyed before the relevant Rail Product and/or Refund information has been Accepted for Clearing or for any other reason it is impossible or impracticable for the Agent to provide the information, the Agent shall notify RSP accordingly as soon as reasonably practicable after such an event occurs.
G13.1 Paragraphs G13 to G17 of this Annex G relate to settlement of revenues arising under this Agreement as a result of Rail Products sold, or issued, or of Refunds made by the Agent which were Accepted for Clearing by RSP or of any other amounts payable by the Agent in that Settlement Period.
Circor hereby acknowledges that ▇▇▇▇▇ is the sole and exclusive owner of the Trademark and agrees not to challenge at any time, directly or indirectly, the rights of ▇▇▇▇▇ thereto or the validity or distinctiveness thereof.
If RSP elects not to do so it shall notify the Agent accordingly of this decision within five (5) business days and also advise the Agent within ten (10) business days of any costs which the Agent shall have to pay in respect of correcting this information for resubmission to RSP, so that the relevant Rail Product(s) and/or Refund(s) can be Accepted for Clearing in the subsequent Settlement Period.
This Paragraph 12 relates to settlement of revenues arising under this Agreement as a result of Rail Products Issued or of Refunds made by the Licensee which were Accepted for Clearing by RSP in that Settlement Period.
This Paragraph 12 relates to settlement of revenues arising under this Agreement as a result of Rail Products Sold, Issued or of Refunds made by the Agent which were Accepted for Clearing by RSP in that Settlement Period or any other amounts payable by the Agent in that Settlement Period.