Examples of Delta Payment in a sentence
Payment terms for the Delta Payment are detailed in the Order Form.
Upon expiration of the Contract Term, Customer agrees to provide SAP with a purchase order for the Delta Payment.
For each following month, a TC Delta Payment shall be calculated and paid by Sears as provided for above, until the Applicable Termination Charge is reduced to twenty percent (20%) of the original Applicable Termination Charge (the “TC Holdback Amount”).
The only difference in this case being that our approach CR does not achieve the best CER reduction rates.
Upon expiration of the Contract Term, Customer agrees to provide (if such condition applicable to the Parties relations) SAP with a purchase order for the Delta Payment.
If prior to Closing, Laramie or Delta, as applicable, fails to obtain a Required Consent to assign that would invalidate the conveyance of the Asset affected by the consent to assign or materially affect the value or use of the Asset (“Affected Asset”), then, unless waived by the other Party, the Affected Asset shall be excluded from the sale and the Laramie Payment or Delta Payment, as applicable, shall be reduced by the Allocated Value of the Affected Asset.
Each of the Laramie Payment and the Delta Payment shall be further adjusted according to this Section 15.1 without duplication, as applicable to the Laramie Assets and Delta Assets respectively.
Once the Aggregate Title Deductible has been reached as to the Laramie Assets or Delta Assets, the Company shall be entitled to adjustments to the Laramie Payment or Delta Payment, as applicable, only with respect to such Title Defects in excess of such Aggregate Title Deductible.
The Delta Payment shall be considered an Assumed Liability with respect to Buyer’s indemnification obligations under Section 7.01 of this Agreement.
Upon receipt of the arbitrator’s decision, the Environmental Defect Properties shall be conveyed and the unpaid portion of the Delta Payment or Laramie Payment, as applicable, shall be paid as provided in such decision.