C.O.D. Transaction definition

C.O.D. Transaction means an agreement by which the seller requires the buyer to pay the full cash price of the goods upon delivery or tender of delivery by the seller, less any down payment made by the buyer. A C.O.D. transaction does not include an agreement by which the seller requires the buyer to pay interim payments before such delivery or tender of delivery.

Examples of C.O.D. Transaction in a sentence

  • By way of example only, if payment is made by the Company on or prior to each of the Monthly Payment Dates for May 2024 and June 2024 but payment is not made on or prior July 5, 2024, the fourth Business Day of July 2024, and the Company conducts a Waived COD Transaction on July 15, 2024, the Shareholders shall have the right to put Certificate of Designation Section 5(f), Subsequent Financing, into effect with regard to the Waived COD Transaction starting on July 15, 2024.

  • In addition, solely with regard to Section 3.1(d), if the Company conducts a transaction that would have given the Shareholders rights pursuant to Certificate of Designation Section 5(f) Subsequent Financing, while a waiver of such section was in effect (the “Waived COD Transaction”), the Shareholders shall have the right to put such section into effect with regard to such Waived COD Transaction in future months in which no payment was made on the prior Monthly Payment Date.

Related to C.O.D. Transaction

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • M&A Transaction means any acquisition, directly or indirectly, by a Project Holdco, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all or a portion of the Equity Interests of, or a business line or unit or a division of, any Person.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Required Transaction means any transaction involving a Swap that is subject to the trade execution requirement of Section 2(h)(8) of the Act.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.