Delivery Threshold definition

Delivery Threshold means the date on which the Buyer has received the applicable number of title commitments from the Title Company as set forth in this paragraph. The first Delivery Threshold will occur on the date Buyer has received title commitments for thirty (30) Restaurants. The second Delivery Threshold will occur on the date Buyer has received title commitments for an additional twenty (20) Restaurants. The final Delivery Threshold will occur on the date Buyer has received title commitments for the remaining Restaurants except the Restaurants identified on Schedule 4.1(d). For purposes herein, Buyer’s receipt of a title commitment means Buyer’s receipt of the commitment and all recorded exception documents.
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Delivery Threshold means the date on which the Buyer has received the applicable number of title commitments from the Title Company as set forth in this paragraph. The first Delivery Threshold will occur on the date Buyer has received title commitments for thirty (30)
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Examples of Delivery Threshold in a sentence

  • The Buyer agrees to pay a fee of US$4,000 per calendar month (pro-rata) for each day the Delivery Date extends beyond the Delivery Threshold Date.

  • The Estoppel Delivery Threshold shall have been met or waived by Purchaser as set forth in Section 8.1f.

  • The final Delivery Threshold will occur on the date Buyer has received title commitments for the remaining Restaurants except the Restaurants identified on Schedule 4.1(d).

  • The cost for the first twelve million (12,000,000) barrels of fresh water (the "Initial Delivery Threshold") delivered by Operator or its agent to Customer shall be $0.75 per barrel.

  • Buyer to provide the Seller with 30/15/10/5 approximate and 3 and 1 definite advance days notice prior to arrival at the Yard, such arrival to not be earlier than the Nominated Delivery Date and not later than 60 days after the Nominated Delivery Date (the "Delivery Threshold Date").

  • On or before the thirtieth (30th) day following each Delivery Threshold, Buyer shall notify Seller, in writing, of any material conditions or exceptions that do not reasonably satisfy Buyer or its lenders following review of the title commitments and surveys for the Restaurants included in such Delivery Threshold (to the extent that Buyer elects or is required to obtain surveys) (each such notice, a “Title Deficiency Notice”).

  • Once Operator has exceeded the Initial Delivery Threshold, the delivery cost for each barrel shall not be less than $0.75 per barrel, but shall be subject to renegotiation between the parties based on current market conditions.

  • Buyer shall order surveys, to the extent Buyer elects to do so, within fifteen (15) days following the Delivery Threshold with respect to the commitments associated with such Delivery Threshold.

Related to Delivery Threshold

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.