TFY definition
Examples of TFY in a sentence
If PNV removes the PNV Equipment, PNV shall restore the Fleet Terminal as near as reasonably possible to the condition of such premises prior to the installation of the System, existing defects and normal wear and tear excepted, but shall not be obligated or permitted without the prior consent of TFY to remove any underground cables.
This Agreement and each of the other documents to be executed and delivered by TFY pursuant to this Agreement have been duly executed and delivered by TFY and are the valid and binding obligations of TFY enforceable in accordance with their respective terms, subject only as to enforceability affected by bankruptcy, insolvency or similar laws affecting the rights of creditors generally and by general equitable principles.
TFY and PNV have caused this Agreement to be executed pursuant to appropriate legal authority duly given, as of the day and year first above written.
In consideration for PNV installing the System at the Fleet Terminal, it is agreed that: (i) PNV shall cancel the 1,000 hours of phone time currently held in TFY's account and credit $30,000 against the Installation Cost; and (ii) TFY shall pay PNV $5,000 per month commencing on February 1, 1999 and ending on January 31, 2000, which shall be applied against the Installation Cost.
TFY shall provide to PNV, on or before the twenty-fifth (25th) day of each month, the name and unique all-numeric number of all drivers for which TFY shall purchase a membership for the following month (the "Member List").
The Parties hereby agree that pursuant to the terms of this Agreement: (i) PNV shall provide and TFY shall purchase memberships to be used by certain of TFY's drivers; and (ii) PNV shall install the System and provide the Services at the Fleet Terminal.
PNV shall invoice TFY for the Monthly Fee on the first day of each month for the purchase of memberships for its drivers for that month.
If TFY does not provide PNV with an updated Member List on a timely basis, PNV shall issue memberships for the following month based upon the prior months Member List.
PNV and TFY shall each select one arbitrator, and the two arbitrators shall select a third with the same qualifications.
The Dormant Member will begin to accrue long distance phone time when TFY adds the driver's name to the new Member List; and (ii) PNV shall credit $50.00 to TFY's Monthly Fee (as defined below) for each Dormant Member.