ASEC definition
Examples of ASEC in a sentence
The case was brought by a plaintiff who alleges that she is a participant in the Delphi Savings-Stock Purchase Program for Salaried Employees and purports to bring claims on behalf of all participants in that plan as well as participants in the Delphi Personal Savings Plan for Hourly-Rate Employees; the ASEC Manufacturing Savings Plan and the Delphi Mechatronic Systems Savings-Stock Purchase Program against GMIMCo and State Street.
The Borrower and the applicable Funds are in compliance in all material respects with all federal and state securities or similar laws and regulations, including all material rules, regulations and administrative orders of the Securities and Exchange Commission (the ASEC") and applicable Blue Sky authorities.
Any order may be cancelled by Purchaser only upon prior written notice and payment of termination charges, including but not limited to, all costs identified to the order incurred prior to the effective date of notice of termination and all expenses incurred by ASEC attributable to the termination, plus a fixed sum of ten (10) percent of the final total price to compensate for disruption in scheduling, planned production and other indirect costs.
If delivery is delayed by Purchaser, payment shall be due on the date ASEC is prepared to make delivery.
Upon prompt written notice from the Purchaser of a breach of this warranty, ASEC will replace the affected part or modify it so that it conforms to such standard or regulation.
Except with respect to Software (for which title shall not pass, use being licensed) title to Equipment shall remain in ASEC until fully paid for.
Unless the context otherwise requires, the term "Services" as used herein means all labor, supervisory, technical and engineering, installation, repair, consulting or other services provided by ASEC under the order.
Purchaser agrees to pay or reimburse any such taxes which ASEC or its suppliers are required to pay or collect.
ASEC warrants that Equipment (excluding Software, which is warranted as specified in paragraph (d) below) shall be delivered free of defects in material and workmanship and that Services shall be free of defects in workmanship.
Upon request, ASEC shall provide to UOR its financing plans or financial statements for a Designated Property, or the financial statements of a Designated Party, which shall show reasonable likelihood, in each respective case, of the Designated Project to be financed.