Dedicated Assets definition
Examples of Dedicated Assets in a sentence
At no time will the Company own or include in Company Property, the SEIS Dedicated Assets, the Modis Dedicated Assets or the Cayenta Dedicated Assets.
Within five Business Days of the last day of each month, each Member shall notify the Company in writing of the compensation due for services under its Related Agreement and for the use of its Dedicated Assets, during the preceding month.
If the auditing Member and the audited Member agree that the Company has been overcharged with regard to the audited Member's Related Agreement or Dedicated Assets, such Member shall refund the agreed upon amount plus interest to the Company within 30 days (or, alternatively, with prior written approval of the Company, deduct the dollar amount from the next invoice submitted to the Company).
The Company shall conduct an annual audit to examine the costs, payments, and/or settlements charged to the Company pursuant to Section 4.02(d) in respect of Related Agreements and Dedicated Assets.
In any event each Member reserves the right to designate its own employee representative, or its contracted representative, who shall have the right to audit and to examine any cost, payment, settlement, or supporting documentation charged to the Company pursuant to Section 4.02(d) in respect of any other Member's Related Agreement or Dedicated Assets.