Examples of Applicable Month in a sentence
In the event that the Agreement is terminated pursuant to Section 7.1, the day immediately prior to the termination date will be deemed to be the last day of the Applicable Month.
The aggregate purchase price for the Acquired Shares at each Closing (the “Purchase Price”) shall be equal to the product of (i) the aggregate number of Acquired Shares to be purchased at such Closing multiplied by (ii) the Average Price for the Applicable Month.
The Purchase Price shall also include an adjustment to the Average Price of the Acquired Shares, if necessary, to take into account the effect of any dividends or similar distributions relating to the Acquired Shares to be settled for the Applicable Month in the same manner and under the same conditions as provided for in the definition of “Dividend Adjusted Average Price”.
The SPD shall issue to SECI a signed Monthly Bill/ Supplementary Bill for the immediately preceding Month after issuance of REA of the Applicable Month, along with all relevant documents (payments made by SPD for drawal of power, payment of reactive energy charges, Metering charges or any other charges as per guidelines of SERC/ CERC, if applicable.
The WPD shall issue to Buyer a signed Monthly Bill for the immediately preceding Month after issuance of REA of the Applicable Month.