Guaranteed Purchase definition

Guaranteed Purchase. The right to purchase and the obligation of OWNER to pay for Potable Water at the rate thirty-four thousand nine hundred fifty (34,950) GPD, irrespective of its use of water. Interconnection Point: The place of connection between the CDWTL and the Board’s water transmission lines. Improvement Items: Items that are either (A) requested by the Owner; or (B) required and used to improve or upgrade that portion of the CDWTL necessary to deliver Potable Water to the Delivery Point (and specifically not including any portion of the CDWTL not necessary to deliver Potable Water to the Delivery Point). Improvement Items shall be funded by the Annual Improvement Charge. Main: The approximately 13-mile water transmission line with appurtenances, but excluding the Authority Pump Station, to be constructed and operated by the Authority with a capacity estimated to be 10MGD. The Main is a component of the CDWTL. MGD: Million gallons per day. Non-Delivery: This term is defined in Section X(E). Owner: Town of East Fishkill, on behalf of the West Campus Water Improvement Area Owner Meter: The meter required in accordance with Section XII and located at the Delivery Point. Potable Water: Potable Water shall mean water which has undergone treatment and is fit for human consumption or use and otherwise complies with the standards and regulations of the Dutchess County and the New York State Health Departments, New York State Department of Environmental Conservation, the United States Environmental Protection Agency and such other regulatory agencies as may from time to time have jurisdiction. Preliminary Forecast Date: For each Purchase Period, the immediately preceding September
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Guaranteed Purchase means the number of Points required to satisfy ------------------- CoolSavings' minimum purchase commitment, as set forth in Section 4.5 below.
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Examples of Guaranteed Purchase in a sentence

  • Current purchase rates cannot be less than the rates in the Guaranteed Purchase Rate Table shown on the Contract Schedule.

  • The Guaranteed Purchase Rates are based on the Annuity Mortality Table and the Minimum Annual Annuity Payment Rate shown on the Contract Schedule.

  • Payment of the Guaranteed Purchase Price shall be payable at the Closing to the Persons identified on and in accordance with a funds flow schedule set forth on Schedule 2.11.

  • ISSUE AGE MFYP FOR RATING All 70% COMMISSIONS FOR: Disability Waiver, Accidental Death, Guaranteed Purchase Option, or Applicant Waiver included at initial issue, benefit increase or addition of benefit.

  • In the event a Third Party Relocation Service is utilized to purchase the Staff Employee's principal residence, the Guaranteed Purchase Price of the property shall be the average of appraisals by two (2) certified licensed appraisers both to be selected by the Transferring Staff Employee and selected from a list of appraisers provided by the Third Party Relocation Service.

  • Prior to effecting any changes, amendments or modifications in connection with the Converted Guaranteed Purchase Money Notes, the Company shall notify each of the Private Owner and the Initial Member of any such contemplated changes, amendments or modifications, and the Private Owner and the Initial member agree that they will cooperate in good faith with the Company in effecting all such changes, amendments or modifications.

  • The Guaranteed Purchase Rates for select ages for Option F are shown in Table 3 of the Contract Schedule.

  • Current purchase rates will be greater than or equal to the rates in the Guaranteed Purchase Rate Tables shown on the Contract Schedule.

  • Any overdue principal on the Guaranteed Purchase Money Notes and interest thereon may be paid to the Holders on any Business Day without regard to whether such day is a Distribution Date.

  • The Guaranteed Purchase Rates for Option A are shown in Table 1 of the Contract Schedule.