YWC definition
Examples of YWC in a sentence
No later than 20 days after the Starting Date and on the fifteenth day of each subsequent quarter of each Contract Year, the Management Contractor shall render an invoice to YWC for the services provided by the Management Staff in the forthcoming quarter.
If YWC approves, no later than 30 days after the date established for the submission of a particular Deliverable under the Contract, a Deliverable which meets either of the tests set out in GC Sections 2.7(2)(a) or (b), YWC shall pay to the Management Contractor the amounts suspended pursuant to this GC Section 2.7(2), without interest, no later than 15 days after YWC’s approval of the Deliverable that gave rise to the suspended amounts pursuant to this GC Section 2.7(2).
If, pursuant to GC Sections 4.2(3) or 4.2(4), the Management Contractor provides a replacement person to the Management Staff, it shall be at no additional cost to YWC.
No later than 90 days after the end of each fiscal year ( 2012-2016) , YWC shall receive the Independent Auditor and the corporate financial auditor evaluation and audit reports including the Independent Auditor’s calculations of the Incentive Compensation and Liquidated Damages for the previous fiscal year together with the Annual Report (pursuant to the SA Article 5).
No amendment or other variation of the Contract shall be effective unless it is in writing, is dated, expressly refers to the Contract, has been approved by the body or bodies legally authorized in accordance with the Applicable Law to make such an amendment or variation on behalf of YWC, and is signed by a duly authorized representative of each Party to the Contract.
In consideration of the performance by the Management Contractor of its obligations hereunder, YWC hereby agrees to pay to the Management Contractor a fee as compensation which is determined in accordance with the terms and conditions of the Contract and the Bidder’s Price Form.
All data, information, documentation, account, plans, programs, reports, surveys and guidelines of any kind whatsoever (the “Contract Records”) prepared by the Management Contractor in performing the Services shall become and remain the property of YWC and the Management Contractor shall deliver all Contract Records and a detailed inventory of those Contract Records to YWC no later than the date of termination or expiration of the Contract.
Notwithstanding GC Section 5.3.1(1), the Management Contractor shall play the lead role in the preparation of the Annual Operations and Maintenance Budgets for YWC.
The Form of Contract shall be executed by the Management Contractor prior to its execution by YWC and the effective date of the Contract (the “Effective Date”) shall be the date the Form of Contract is executed by YWC, contingent on final approval by KfW.
YWC may terminate the Contract pursuant to GC Sections 2.8.1(a)-(g) by delivering a written notice of termination (the “Notice of Termination – For Cause”) to the Management Contractor and the termination of the Contract shall occur 30 days after the date of the Notice of Termination – For Cause.