Examples of Existing Agreement in a sentence
The Existing Agreement, as amended, is set to expire 3 years after the initial effective date unless, among other things, either party terminates the contract with 30 days’ written notice to the other party or it is renewed by mutual agreement.6If the Existing Agreement, as amended, is terminated prior to the scheduled expiration date, the Postal Service shall promptly notify the Commission.In conclusion, the Commission approves the Existing Agreement, as amended.
The Commission will review the cost coverage of the Existing Agreement, as modified, the cost coverage of the Global Reseller Expedited Package Contracts 2 product, and the contribution of competitive products as a whole to the Postal Service’s institutional costs in the Commission’s Annual Compliance Determination to ensure that they continue to comply with 39 U.S.C. § 3633(a).Other considerations.
In other words, if a product covers its attributable costs, it is likely to comply with 39 U.S.C. § 3633(a).The Existing Agreement provides the customer with Priority Mail shipping services.5 The Amendment implements changes as contemplated by the terms of the original contract.The Amendment does not materially affect the underlying financial analysis of the Existing Agreement.
All amounts outstanding under the Existing Agreement shall have been or concurrently with the Effective Date are being repaid, the Existing Agreementand all related documentation shall have been or concurrently with the Effective Date are being terminated.The Administrative Agent shall notify the Borrower and the Lenders of the Effective Date.
Thus, the Commission finds that the Existing Agreement, as amended, comports with the provisions applicable to rates for competitive products in 39 U.S.C. § 3633(a) and 39 C.F.R. § 3015.7.Other considerations.