OTAF definition
Examples of OTAF in a sentence
Effective for 2006 and 2007, the Fixed Cost Payment formula will be multiplied by the OTAF.
Effective for the twelve-month period beginning on January 1, 2006 (i) the Block Hour Rate used for the 2005 calendar year will be multiplied by a One Time Adjustment Factor (OTAF) and multiplied by (1 + CPPI), and (ii) the Cycle Rate shall be calculated by multiplying the Base Cycle Rates for 2005 by (1 + CPPIB)* (OTAF), and then calculating the weighted average of the resulting rates.
Effective for 2007, (i) the Block Hour Rate used for 2006 will be multiplied by (1+CPPI), and (ii) the Cycle Rate shall be calculated by multiplying the Base Cycle Rates for 2005 by (1 + CPPIB)* (OTAF), and then calculating the weighted average of the resulting rates, to establish the 2007 rates.
In the case of OTAF Software, the OTAF Product Warranty Period applicable to any such OTAF Software will be automatically extended for a new ninety (90) day period commencing on the date of the completion of any applicable Software Upgrade and/or Software Enhancement applicable to such OTAF Software upon, and simultaneous with, any Software Upgrade and/or Software Enhancement applicable to such OTAF Software issued pursuant to the terms of Section 12.
Notwithstanding anything contained in this Section 22 to the contrary, risk of loss as to OTAF and/or Actiview Products (as appropriate) will pass to the Owner upon delivery (and installation to the extent applicable) thereof to the Owner's designated location.
Any and all SPARC/OTAF Products and Services provided by the Vendor to the Owner pursuant to the OTAF Statement of Work will be provided, installed and tested at the Vendor's sole cost and expense.
The Vendor will provide the Owner with the quantity of OTAF Operating Manuals set forth in the OTAF Statement of Work.
The unmodified Computer Programs provided by the Vendor, including, but not limited to, the OTAF Software, will remain the intellectual property of the Vendor; and nothing in this subsection 12.7 will be deemed to confer upon the Owner ownership in any aspect of the unmodified OTAF Software.
The Vendor will be solely responsible for any and all costs associated with the deinstallation and/or removal of any SPARC/OTAF Products upon the availability and provision of SCP/OTAF Products pursuant to the OTAF Statement of Work.
In addition to any of the Owner's other rights and remedies, the Owner will have the right to reject the OTAF Operating Manuals and OTAF Maintenance and Instruction Manuals if in its reasonable judgment any of the foregoing does not meet the standards set forth in this Contract.