Payment Deed definition
Examples of Payment Deed in a sentence
If the Access Payment Deed is terminated, then this document will automatically terminate with immediate effect on the date the Access Payment Deed is terminated.
A Party must not assign, novate, transfer or otherwise dispose of (in this section F.10, “assign”) the whole or part of its rights or obligations under the Transmission Payment Deed without the prior written consent of the other Party, which consent must not be withheld unreasonably in the case of an assignee that is technically and financially capable of performing the assigned rights and obligations.
For the avoidance of doubt, the terms of any Transmission Payment Deed entered into on or after the commencement date of this Access Arrangement must be consistent with the terms of this Schedule F (as amended from time to time in any subsequent Access Arrangement).
Service Provider retains ownership of and all intellectual property rights in the Information Interface and grants the Shipper a non-exclusive, non-assignable, non- transferable right to access the Information Interface solely for the purposes of receiving information regarding billing and payment under the Transmission Payment Deed.
Either Party may propose to refer, for determination by a specified independent expert, an issue in respect of the Transmission Payment Deed in dispute between the Parties that is only capable of determination by audit or by reference to accounting, engineering or scientific knowledge and practice, to the extent that it does not otherwise involve the interpretation of the Transmission Payment Deed.
The Reference Tariff payable under a Transmission Payment Deed may be varied in accordance with the Reference Tariff Adjustment Mechanism set out in section 4 of this Access Arrangement.
Execution by the assignee of a covenant to be bound by the Transmission Payment Deed, in a form satisfactory to the non- assigning party acting reasonably, is a condition precedent to any assignment permitted under this clause.
Payment Deed between The General Electric Company, p.l.c. and British Aerospace Public Limited Company dated 27 April 1999 (the PAYMENT DEED).
Payment Deed between The General Electric Company, p.l.c. and British Aerospace Public Limited Company dated 27th April, 1999 (the PAYMENT DEED).
Letter Agreement dated 2nd November, 2001 entered into between Marconi plc and BAE SYSTEMS plc, amending the terms of the Transactions Agreement and the Payment Deed (the AMENDMENT TO THE TRANSACTIONS AGREEMENT).