WLP Purchases definition

WLP Purchases means the aggregate Charges paid by WLP to SITA for all Services obtained by WLP (including for Worldspan Owned Users) for the applicable period, provided, however, that if SITA invoices WLP Charges for Services obtained by WLP during the applicable Contract Year or other applicable period after the end of such Year or period, WLP Purchases shall be calculated after SITA has received payment of such invoices. WLP Purchases shall be calculated prior to the application of any Service Credits/SCUs to which WLP or SITA is entitled under this Agreement. WLP Purchases shall not include Taxes.
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Examples of WLP Purchases in a sentence

  • Upon the execution of a New Order, the New Services or New Service Components included in it shall be considered Services for all purposes under this Agreement, including calculation of WLP Purchases, and the provision of such New Services shall be governed by this Agreement.

Related to WLP Purchases

  • Net Purchases means purchases of goods and services charged to the Account, less refunds and adjustments;

  • Purchases On the settlement date for the purchase (or earlier, if market practice requires delivery of the purchase price before the settlement date), Bank will debit the Cash Account for the settlement amount and credit a separate account at the Bank. Bank then will post the Securities Account as awaiting receipt of the expected Financial Assets. Customer will not be entitled to the Financial Assets that are awaiting receipt until Bank or a Subcustodian actually receives them. Bank reserves the right to restrict in good faith the availability of contractual settlement date accounting for credit or operational reasons.

  • Component purchases means purchases of the component parts of an item that in normal purchasing practices would be made in one purchase. “Separate purchases” means purchases, made sep- arately, of items that in normal purchasing practices would be made in one purchase. “Sequential purchases” means purchases, made over a period, of items that in normal purchasing practices would be made in one purchase.

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • De Minimis Purchases or Sales means purchases or sales by covered persons of up to 500 shares of stock in a company that is in the Standard and Poor's 500 Index provided that Delaware has not traded more than 10,000 shares of that same stock during the last two trading days and there are no open orders for that stock on the Trading Desk.