Tapout definition

Tapout or “Tap Out” means a combative sports contest ending by the Contestant verbally indicating or physically tapping or patting either the contest area floor or any part the opponent’s body in an effort to signal the Referee that Contestant no longer wishes to continue participating in the contest. A Tapout may be officially reported using the abbreviation “TKO,” if due to strikes, or “Submission.”
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Examples of Tapout in a sentence

  • No termination or expiration of this Agreement shall (a) relieve either party from any obligations hereunder which have accrued on or before the effective date of such termination or expiration including without limitation any obligation to pay to the other party any sum owed pursuant to this Agreement, (b) affect any rights of either party with respect to any breach of this Agreement, or (c) cancel any purchase order for the Products placed by Tapout and accepted by 7Base pursuant to this Agreement.

  • The Tapout Purchase Price (TPP) for the Products shall be set forth in Exhibit B, the Product Information Document (PID).

  • Upon receipt of such notice from Tapout, 7Base will, except to the extent otherwise specified in such notice, immediately stop all work previously authorized.

  • Tapout will accept or reject the PID within thirty (30) days after delivery (unless another time period is specified in a Statement of Work).

  • The provisions of this Agreement shall inure to the benefit of, and be binding upon, 7Base and its successors and assigns and Tapout and Tapout’s successors and assigns.

  • Tapout reserves the right to hire a third party (a US nationally recognized auditing firm) to audit 7Base’s books and records limited to the transaction documents between Tapout and 7Base, during the term of this Agreement and for sixty (60) days thereafter to verify 7Base’s compliance with this Section.

  • The monthly and quarterly Reports shall be delivered to Tapout within fifteen (15) days after the end of the applicable period of the Term to which the Reports relate.

  • Tapout may submit TCO’s to 7Base for TPO’s within fifteen (15) calendar days of submitting the TPO.

  • During the Term and for a period of three (3) years following the expiration or termination of this Agreement, Tapout and its duly authorized representative(s) shall have the right, upon reasonable notice and at all reasonable hours of the day, to examine and copy and otherwise audit said books of account, records and all other documents and materials in the possession or under the control of 7Base with respect to this Agreement.

  • Tapout may provide 7Base with a cancellation notice within three (3) business days of placing a TPO.