Required Response definition
Examples of Required Response in a sentence
The parties acknowledge that the failure to comply on a timely basis with the provisions related to both the Required Filing Date and the Required Response Date would result in a maximum payment of twelve (12%) percent of the then outstanding principal amount of the Debenture.
Within five (5) Business Days after the Required Response Date, the ▇▇▇▇▇▇’▇ Parties shall cause written notices to be delivered in accordance with the notice provisions set forth on Exhibit E to the Specified Mezzanine Lender setting forth the additional Specified Mezzanine Notes that will be purchased with such Remaining Cash Flow in accordance with the terms of this Agreement.
Required Response Supplier shall respond within 1 hour and provide a correction to the error within 24 hours from notice.
City and Contractor agree that the Required Response Time for Wrecker Services performed under this Agreement is thirty (30) minutes.
Any failure by any such Mezzanine Lender to respond to any ECF Purchase Offer on or before the Required Response Date shall be deemed to be a rejection of such ECF Purchase Offer.
CRISP commits to respond to problems reported to CRISP by Participant, via phone or e-mail, in accordance with the following chart: Priority Level Required Response Urgent: A problem that prevents users from using the CRISP service to receive, view or successfully search for data A CRISP representative shall log (with date and time- stamp) the receipt of notification of a critical problem and will acknowledge receipt of the notification within fifteen (15) minutes.
If any such Mezzanine Lender wishes to accept any such ECF Purchase Offer, such Mezzanine Lender shall on or before the Required Response Date deliver to the applicable Mezzanine Borrower a written acceptance of any such ECF Purchase Offer for all or any portion of the applicable Junior Mezzanine Loan or Senior Mezzanine Loan of such Mezzanine Lender.
If Contractor fails to meet the Required Response Times, County may offset against any sums due Contractor by $ _ for each Event that Contractor failed to meet the Required Response Time, which amount the Parties agree is a fair RLI/RFP/Contract # [BCF 301 7/1/23] Page 42 of 48 and reasonable approximation of County’s negative financial impact caused by the delay in Contractor’s response.
The Required Response Time for Performance Failures shall be as follows: Failure of the Developer’s Observed Response Time for a Performance Failure to be equal to or less than the applicable Required Response Time provided in this Section shall result in a Deduction of $550, as specified in Attachment 11B, Table 1, item 6.
The Required Response Time for Unavailability Events shall be as follows: Failure of the Developer’s Observed Response Time for an Unavailability Event to be equal to or less than the applicable Required Response Time provided in this Section shall result in a Deduction of $550, as specified in Attachment 11B, Table 1, item 6.