Examples of Commitment Date in a sentence
In consideration of the Access Holder paying the Access Charges, on and from each Train Service Commitment Date for each Train Service Type until the Train Service Expiry Date for that Train Service Type, Aurizon Network grants, and will provide, to the Access Holder the Access Rights for that Train Service Type in accordance with the Train Description for that Train Service.
In consideration of the End User agreeing to pay the [Access Charges/TOP Charges] and other payments to be made to Aurizon Network by the End User under this Agreement, Aurizon Network grants, and will provide, Access Rights to the End User in accordance with the Train Service Description for the operation of Train Services by an Operator on and from the Commitment Date on the terms in, and subject to the conditions of, this Agreement.
Xxxxxx’s attorney should state his/her calculation of the Commitment Date in the letter delivering the executed contract to Purchaser’s attorney, to prevent confusion later.
The Commitment contingency is satisfied by issuance of a Commitment in the amount specified on or before the Commitment Date, unless the Commitment is conditioned on approval of an appraisal.
This clause means that Purchaser is subject to cancellation by Seller even if Purchaser is willing to risk that he/she will obtain the Commitment after the Commitment Date.