No Demand definition

No Demand means either: no sales of the relevant items to the Buyer during six consecutive months; or actual demand during the six-month period results in the remaining stock being in excess of 12 months’ requirements. If, following payment for stock by the Buyer pursuant to this clause, No Demand for that stock is received in the subsequent six-month period, the Company may, with the prior consent of the Buyer, dispose of the remainder of that stock.
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No Demand. The undersigned have received no demand for payment under the terms of the Mortgage and the note which it secures within the last six (6) years. No Payment: The undersigned has not made or caused to be made any payments under the terms of the Mortgage to the holder of the Mortgage or its designee, if any, within the last six (6) years. Indemnification: The undersigned hereby agrees to hold New York Title Abstract Services, Inc. and its underwriter harmless from all liability, loss or damage of any nature, including attorneys’ fees and expenses, which New York Title Abstract Services, Inc. may sustain by reason of its reliance on these statements. Reliance. I make this affidavit in order to induce New York Title Abstract Services, Inc. and its underwriter to issue a policy of title insurance, knowing they will rely on the truth and accuracy of the statements made herein. _________________________________________ Sworn to before me this _____ day of ______________, 20___ _________________________________________ _____________________________ Notary Public
Sample 1
No Demand means either: no sales of the relevant items to the Customer during six consecutive months; or actual demand during the six month period results in the remaining stock being in excess of 12 months’ requirements. If, following payment for stock by the Customer pursuant to this clause, No Demand for that stock is received in the subsequent six month period, the Company may, with the prior consent of the Buyer, dispose of the remainder of that stock.
Sample 1

Examples of No Demand in a sentence

  • The security deposit shall be refunded to the contractors only after due and satisfactory performance of the services and on completion of all obligations by the contractor under the terms of the contract and on submission of a No Demand Certificate, subject to such deduction from, the security as may be necessary for making up of the Corporation’s claims against the contractor.

  • Security Deposit will be refunded to the party on due completion of the contract, without interest, and upon furnishing of No Demand Certificate from the concerned Authority of the Corporation.

  • He will also submit No Demand Certificate duly signed by the concerned officer.

  • The No Demand Certificate will be issued only after clearance of all claims of the Lessee against the Lessor.

  • On due performance and completion of the contract in all respects, the Performance Security will be returned to the SP without any interest on presentation of an absolute 'No Demand Certificate' from the SP and upon return in good condition of any specifications, samples or other property belonging to the client, which may have been issued to the SP, for carrying out work stipulated in the contract.

  • The Contractor shall give unqualified `No Claim’ and `No Demand' certificates.

  • On due performance and completion of the contract in all respects, the Security Deposit will be returned to the contractor without any interest on presentation of an absolute No Demand Certificate in the prescribed form and upon return in good condition of any specifications, samples or other property belonging to the purchaser, which may have been issued to the contractor.

  • The Performance bank guarantee will be returned to the bidder within 15 days after completion of Contract period subject to satisfactory performance and on the contractor rendering a No Demand and No Due Certificate, and after adjusting any sums due to Canara Bank from the contractor.

  • The Contractor shall give ‘No Claim’ and `No Demand' certificates.

  • At BHEL cash office through POS machine No Demand Drafts shall be accepted.The contractors may physically visit the work place before quoting their rates.

Related to No Demand

  • Demand has the meaning set forth in Section 2.1(a).

  • on demand means a system where a user, subscriber or viewer is enabled to access, at a time chosen by such user, any content in electronic form, which is transmitted over a computer resource and is selected by the user;

  • Contract Demand means:-

  • Peak Demand means the maximum Metered Demand in the last 12 months;

  • Notice of Default means a written notice of the kind specified in Section 501(4).

  • Billing Demand means the metered demand or connected load after necessary adjustments have been made for power factor, intermittent rating, transformer losses and minimum billing. A measurement in kiloWatts (kW) of the maximum rate at which electricity is consumed during a billing period;

  • Underwritten Demand shall have the meaning given in subsection 2.1.3 of this Agreement.

  • Maximum Demand means the greatest demand required by a customer during a specific length of time.

  • Video-On-Demand or “VOD” means a programming system for transmission and retransmission of a single motion picture or programme (or series of related programs) delivered by means of a telecommunications or other technical system from a digital storage devise or presented in any form that permits Exhibition of such motion picture or programs in a non-linear form at the discretion of the viewer.

  • Protest means a written objection by an interested party to this solicitation or to a proposed or actual award of a contract pursuant to this solicitation.

  • LC Application an application by Borrower Agent to Issuing Bank for issuance of a Letter of Credit, in form and substance satisfactory to Issuing Bank.

  • Notice of Action shall have the meaning set forth in Section 7.1C.

  • Notice of Dishonor means the right to require the Note Holder to give notice to other persons that amounts due have not been paid.

  • Request for Issuance means a request made pursuant to Section 2.04 in the form of Exhibit B.

  • Notice of Issuance has the meaning specified in Section 2.03(a).

  • Notice of assessment means a written notice by the division, based on a citation, that the employer must pay the amount of wages, penalties, or fines assessed.

  • Written Procedure means the written or electronic procedure for decision making among the Bondholders in accordance with Clause 18 (Written Procedure).

  • Notice of Appeal means a notice given pursuant to Condition 6.2.

  • Notice of Dissent means a notice of dissent duly and validly given by a registered holder of Company Shares exercising Dissent Rights as contemplated in the Interim Order and as described in Article 4.

  • Request for Payment means a payment application or declaration of expenditure submitted by the Member State to the Commission;

  • Notice of Sale means the Notice of Sale of the Trust relating to the sale of the Series 2014A Bonds to be dated on or about April 28, 2014, substantially in the form attached hereto as Exhibit D.

  • Facility LC Application is defined in Section 2.19.3.

  • Review Demand Date means, for a Review, the date when the Indenture Trustee determines that each of (a) the Delinquency Trigger has occurred and (b) the required percentage of Noteholders has voted to direct a Review under Section 7.2 of the Indenture.

  • LC Payment Notice has the meaning specified in Section 2.04(e).

  • Notice of Dissatisfaction means the notice given by either Party to the other indicating its dissatisfaction and intention to commence arbitration.

  • Notice of Guaranteed Delivery means the notice of guaranteed delivery in the form printed on green paper accompanying the Offer to Purchase and Circular;