Customary Terms definition

Customary Terms means (i) the most favorable terms, practices, and programs (including, without limitation, credit limits, pricing, cash discounts, timing of payments, allowances, rebates, coupon reconciliation, and other applicable terms and programs), in effect between the Critical Vendor and the Debtors during the 180 days preceding the Petition Date, or (ii) such other terms favorable to the Debtors as the Debtors and the Critical Vendor may mutually agree upon.
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Customary Terms as defined in the Letter Agreement signed by such Vendor.
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Examples of Customary Terms in a sentence

  • If satellite in-orbit insurance with respect to the Satellite on the XM Customary Terms is not available, Lessee will obtain such insurance on terms reasonably available in the insurance market for a commercially reasonable premium.

Related to Customary Terms

  • Primary Terms and Conditions means the terms and conditions applicable to the ICICI Bank’s internet banking facility/service.

  • Key Terms means, with respect to a Relevant Transaction and a party, the valuation of such Relevant Transaction and such other details the relevant party deems relevant from time to time which may include the effective date, the scheduled maturity date, any payment or settlement dates, the notional value of the contract and currency of the Relevant Transaction, the underlying instrument, the position of the counterparties, the business day convention and any relevant fixed or floating rates of the Relevant Transaction. For the avoidance of doubt, "Key Terms" does not include details of the calculations or methodologies underlying any term.

  • Delivery Terms as defined in Section 10.1;

  • URL Terms means the terms with which Customer must comply, which are located at a URL, referenced in this Agreement and are hereby incorporated by reference.

  • FIA Terms and Conditions means the supplemental terms and conditions relating to the School's fees in advance scheme;