WMSA definition
Examples of WMSA in a sentence
The maximum eligible household gross income for Affordable Housing Tenant households for each AHU at each AMI level shall be calculated and reset each year using HUD’s annual estimate of AMI for the WMSA as referenced above, adjusted for household size, and, if applicable, applied in accordance with LIHTC Program.
Further, Parties agree that TSA and WMSA, including their exhibits, shall be Project specific.
The Parties shall execute the Supply Agreements, for each Project, substantially in the form of the TSA and WMSA, except as such agreements may be modified by mutual agreement of the Parties.
For the purposes of this WMSA, a Credit Default and/or an Other Default may each be referred to individually as a “Default”.
In the event of an Other Default by WilTel, Customer’s remedies are limited to its proven direct damages and the right to terminate any or all affected Service Orders, unless this WMSA provides for exclusive remedies in the applicable Service Schedule, in which case Customer’s remedies are exclusively as described therein.
A violation of the AUP shall be an Other Default if the violation of the AUP affects WilTel’s network, or other parties on WilTel’s network, WilTel shall have the right immediately to suspend and/or terminate any or all Services hereunder and/or the WMSA without notice to Customer.
In the event of a Credit Default, WilTel may, in addition to its rights available to it at law or in equity: (i) suspend any or all Services to Customer upon written notice; (ii) cease accepting or processing Service Orders; and/or (iii) terminate this WMSA upon written notice.
Although this WMSA governs the terms of WilTel’s arrangement of Third Party Service, service level parameters and related warranties (if any), surcharges, outage credits, required commitments, termination liability, limitations, and other service specific terms of the Third Party Service shall be those of the provider of the Third Party Service (“Third Party Provider”).
The individuals named below who are executing this WMSA on behalf of the parties are duly authorized to make the representations contained herein.
In the event of an assignment by Customer to an Affiliate, the acquiring or surviving entity or assignee (as applicable) must be at least as creditworthy as Customer and no such assignment will release Customer from Customer’s obligations herein, including, but not limited to payment, except to the extent that the acquiring or surviving entity or assignee meets its obligations under this WMSA.