CMC Agreement definition
Examples of CMC Agreement in a sentence
For purposes of the definitions contained in the Master CMC Agreement, this CMC Contract shall constitute the “Transaction” and the “Cover Sheet,” and the “Effective Date” shall constitute the “Trade Date.” Capitalized terms used and not otherwise defined herein shall have the same meaning as in the Master CMC Agreement.
References to “Confirmation” or “Product Order” in the Master CMC Agreement shall refer to this Cover Sheet.
Subject to Section 5.4 of the Master CMC Agreement, a Party may withhold payment of the disputed amount until two (2) Business Days following the resolution of the dispute, and any amounts not paid when originally due, and subsequently determined to be due and payable, shall bear interest at the Default Rate from the original due date of the invoice.
If final resolution of the dispute is not completed within sixty (60) days after notification of the dispute, the Parties shall be entitled to pursue the remedies provided in Section 9.8 of the Master CMC Agreement.
All Pre-Paid Accounts will be reconciled at the Closing and the cash component of the Purchase Price in the CMC Agreement will be adjusted as required to effect such reconciliation.
The term of this Agreement shall commence on the Effective Date and remain in effect until December 31, 2027; unless terminated earlier as provided in Section 5.2 or as provided in Section 9.1(b) of the Master CMC Agreement.