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Extend or pay clausola

WebTake or Pay. 9.3.1 In respect of each Contract Year the amount of the Minimum Xxxx Quantity which has not been taken by the Buyer in such Contract Year under this Agreement shall be known as the “ Annual Take or Pay Quantity ” for such Contract Year. Sample 1 Sample 2 Remove Advertising Take or Pay. WebJul 31, 2024 · A take-or-pay clause refers to a situation where a purchaser agrees to either purchase a minimum threshold volume of gas or electricity or, if the purchaser opts not to offtake the minimum agreed volume, to make an agreed payment as a result of having not done so – usually based on a reconciliation calculation or formula.

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WebAn extension moves the due date to a later date (up to 30 days) to allow you more time to pay your bill in full. A payment arrangement will allow you to split up your existing … WebThe Chargor covenants with the Agent that it will on demand pay and discharge each of the secured obligations when due to the Agent. Covenant to pay The Chargor covenants with the Agent that it will on demand pay and discharge each of the secured obligations when due to the Agent. This site uses cookies. books read online free now https://spencerslive.com

EXTENSION OR RENEWAL OF BANK GUARANTEES - Law Insider

WebPay verb - To give (someone) the sum of money owed for goods or services received. Show all Definitions. Synonyms for Pay. Antonyms for Pay. Extend is a synonym for pay in give topic. Sometimes you can use "Extend" instead a verb "Pay", if it concerns topics such as bestow, services. Nearby Words: payment, paid, paying, payable, payout. WebAug 11, 2016 · A scenario frequently seen in the area of demand guarantees is ‘extend or pay' which relates to a beneficiary requesting an extension to the expiry or, if this is not given, settlement of its demand for payment. Article 23 expands upon this situation. Not all demands are compliant and article 24 outlines the procedure to be followed in the ... http://www.cipcic-bragadin.com/wp-content/uploads/2015/09/ICC-URDG-758.pdf books read online aloud

Extension Sample Clauses: 6k Samples Law Insider

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Extend or pay clausola

8. Key elements in a demand guarantee. - LinkedIn

WebIn the event an adjustment is made to the computation of the net asset value of Fund shares as reported to Insurance Company under paragraph 7, (1) the correction will be handled in a manner consistent with SEC guidelines and the Investment Company Act of 1940, as amended and (2) the Funds or Transfer Agent shall notify Insurance Company as soon … WebMay 4, 2010 · The handling of ‘extend or pay’ requests is now more explicit, removing uncertainty. Georges Affair, who chaired the revision process, has mentioned that such requests constitute 90% of cases in practice. Under URDG 458 when a request to extend a guarantee was received, the guarantor could suspend payment for a ‘reasonable time’.

Extend or pay clausola

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WebC'è una clausola sull'infedeltà nel nostro accordo prematrimoniale. The education bill officially passed without the abstinence-only clause. Il progetto per l'educazione è … Web14.10.1 With respect to the claim accounts deserved by the contract letting party determined by negotiation, adjudicated by arbitration or judged by the court, the contract letting party may deduct such claim accounts from the payment paid to the contractor according to the monthly project progress accounts or payment schedule of current …

Webextend meaning: 1. to add to something in order to make it bigger or longer: 2. to make something last longer: 3…. Learn more. WebJun 11, 2024 · A take or pay contract is an agreement that helps protect the seller if the buyer refuses to buy or take delivery of the items. It is an agreement in writing between the buyer and seller. The objective is to protect the seller if the buyer refuses to take the delivery of the items. Many also call this the “killing clause.”.

WebJan 7, 2024 · La clausola “pay-or-play” non obbliga il produttore ad utilizzare l’attore o il regista per il suo film. Se l’attore o il regista non dovessero prendere parte al film, anche in presenza di ... WebExtension; Waiver At any time prior to the Effective Time any party hereto may, to the extent legally allowed, (i) extend the time for the performance of any of the obligations or other acts of the other parties hereto, (ii) waive any inaccuracies in the representations and warranties made to such party contained herein or in any document …

WebJan 27, 2024 · "Extend or pay" provisions are sometimes used in construction performance bonds and bank guarantees as a way of ensuring that performance …

WebApr 1, 2011 · If you could borrow money at 6% per year or 0.5% per month: Extended terms of “60 Days Rather Than 30 Days” gives you an additional one-half percent discount on … harwich port real estate for sale“Extent” is a noun that refers to the area that a given thing encompasses, either in a literal way of taking up space, or in a more figurative way that entails the given importance and relevance of a specific thing. Extent is always a noun. When you use “extent”, you have totreat it like you would treat any … See more “Extend” and “extent” are different words that refer to vaguely similar concepts differently. “Extend” is always a verb, and “extent” is always a noun. It’s easy to confuse these because they look very similar and refer to … See more “Extend” is a verb that refers to making something larger. When you “extend” something, you’re making it bigger, normally by somehow adding to its own space or territory. … See more The verb “extend” means “to make something longer or larger”. Naturally, such a concept is not unique, and there are plenty of similar … See more The correct phrasing is “to some extent”. “To some extend” does not make grammatical sense, as “extend” is a verb. Say you were to … See more books read online for kidsWebAny agreement to extend this Contract shall include, but not necessarily be limited to: an unambiguous identification of the Contract being extended; the term of the extension; the amount of any payment to be made during the extension, or a statement that no payment will be made during the extension; a statement that all terms and conditions of … harwich port resortsWebJan 27, 2024 · An "extend or pay" provision in a time-limited performance bond or bank guarantee is one which entitles the beneficiary of the bond or bank guarantee (typically the employer) to require the ... books read to you freeWebAn "extend or pay" provision in a time-limited performance bond or bank guarantee is one which entitles the beneficiary of the bond or bank guarantee (typically the employer) to require the ... books real imageWebguarantor to pay under the counter-guarantee is not subject to claims or defences arising from any relationship other than a relationship between the counter-guarantor and the … harwich port rentalsWebCapturing response from the Applicant/ Instructing party for Extend or Settle request (As per Article 23 or URDG - Extend or Pay, the guarantor may suspend payment for a period not exceeding 30 calendar days following its receipt of the demand an in case of counter-guarantees, the counter-guarantor may suspend payment for a period not exceeding … harwich port shopping