Examples of Owner Contracts in a sentence
Special Rules Applicable under Joint Owner and Non-Natural Owner Contracts For Contracts with Non-Natural Owners, lifetime income is guaranteed for the life of the Annuitant.
Contractor shall perform all inspection, component testing, expediting, quality surveillance and traffic services as necessary for the performance of the Work, including the provision of such services in connection with the Owner Contracts.
Contractor shall maintain in an orderly fashion all books, records and written communications with respect to the performance of its responsibilities under this Agreement with respect to Owner Suppliers and the administration of Owner Contracts.
Except with respect to the administration of Owner Contracts in accordance with Appendix M, Contractor shall not perform any act or make any representation to any Person to the effect that Contractor, or any of its Personnel or Subcontractors, is the agent, representative, employee or servant of Owner.
Appendix E includes a list of Owner Contracts that have been provided to Contractor.
Invoicing for and payments to Owner Suppliers under Owner Contracts shall be handled by the Parties in accordance with Appendix M.
Except as set forth below in this Section 2.2.20.4, liquidated damages, backcharges, refunds or other amounts of any kind recovered under the Owner Contracts or Contractor Subcontracts are the property of Owner and will either be payable directly to Owner or, if received by Contractor, shall be credited against amounts to be paid by Owner in any of the next succeeding Applications for Payment.
For purposes of Withdrawal Charge waiver items 1 through [6] reference to “Owner” means: (a) under Successor Owner Contracts, the older of the Owner and Successor Owner and (b) under Contracts owned by Non-Natural Owner(s), the Annuitant, or the older of the Annuitant and Joint Annuitant, if applicable.
Owner is responsible for entering into the Owner Contracts; provided, however, that for future Owner Contracts, Contractor shall provide the support contemplated by Appendix M.
For purposes of Withdrawal Charge waiver items 1 through [6] reference to “Owner” means: (a) under Joint Owner Contracts, the older of the Owner and Joint Owner and (b) under Contracts owned by Non-Natural Owner(s), the Annuitant, or the older of the Annuitant and Joint Annuitant, if applicable.