GMTR definition

GMTR means the guaranteed maximum time to respond to an incident or query logged by the Customer at the SOC;
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GMTR means General Motors Trade Receivables LLC, a Delaware limited liability company.
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Examples of GMTR in a sentence

  • The balance of the GMTR shall be paid in accordance with the provisions of paragraph 4.2(c) above.

  • Year One: (2003) $ 500,000 Year Two: (2004) $ 625,000 Year Three: (2005) $ 780,000 Year Four: (2006) $ 975,000 Year Five: (2007) $ 1,218,750 Option Terms Year Six: (2008) $ 1,525,000 Year Seven: (2009) $ 1,906,250 Notwithstanding the preceding, LICENSEE may avoid termination of this Agreement for failure to meet the Minimum Sales Volumes in a given Year by paying the GMTR due for that Year as defined below in Sections 4.2 and 4.3.

  • Year One: (2003) $ 1,500,000 (Adjusted for August) $ 750,000 Year Two: (2004) $ 1,875,000 Year Three: (2005) $ 2,345,000 Year Four: (2006) $ 2,930,000 Year Five: (2007) $ 3,662,500 Option Terms Year Six: (2008) $ 4,578,000 Year Seven: (2009) $ 5,722,600 Notwithstanding the preceding, LICENSEE may avoid termination of this Agreement for failure to meet the Minimum Sales Volumes in a given Year by paying the GMTR due for that Year as defined below in Sections 4.2 and 4.3.

  • This Advance Trademark Royalty shall be credited against the GMTR due for the year of the Initial Term.

  • This Advance Trademark Royalty shall be credited against the GMTR due for the year of the Initial Tenn.

  • In the event that a default is declared and the rights of LICENSEE under this Agreement are terminated, all payments required hereunder, including, but not limited to, Trademark Royalty and Advertising Payments on past sales, and all GMTR for the Licensed Term, unpaid bills, etc., shall be immediately due and payable to LICENSOR, in full, plus any interest due thereon at the rate prescribed in 5.2 above.

  • Notwithstanding the preceding sentence, SEL-LEB may avoid termination of this Agreement by paying to KOBRA, within ten (10) business days of SEL-LEB's receipt of such termination notice, the difference between the amount earned by KOBRA in such year and the maximum GMTR for such year.