Examples of Partial Acceptance in a sentence
If at any time during the prosecution of the Project, Contractor achieves, in regard to a Network or Segment, satisfaction with respect to the Network or Segment, of all conditions and terms set forth in regard to Segments in Section 20.3, and upon written notice requesting same, Owner may, but shall not be required to, accept said Network or Segment ("Partial Acceptance").
Provided Lessee completes, executes and delivers to Lessor a Partial Acceptance and Authorization for Progress Payment ("Authorization") in form acceptable to Lessor, and such Authorization is consistent with all terms and conditions of this Agreement and the Lease, and Lessee is not in default of this Agreement or the Lease, Lessor agrees to make payments against the purchase price for such items of Property as directed by the Authorization.
The inspection will be carried out in the presence of the Contractor, or of one of its representatives appointed to that effect; likewise, the Project Director or person authorized will prepare and sign the corresponding Partial Acceptance Certificate for INE, whom will notify the Contractor about the work performance or rejection within the following five (5) business days.
TELKOM has the option to request PARTNER to conduct the Partial Acceptance Test of the Sub-Ring System or certain Sub Sub-Ring System or that that will be determined later by TELKOM in any Ring System being constructed.
The Pro Rata Rental Fees shall be due monthly and apply at all times during the period commencing on the date designated as the Partial Acceptance Date in the first Partial Authorization Certificate and continuing until the Final Acceptance Date (the “Progress Funding Period”).
In case that the Partial Acceptance Test results in the proper function and operation of the Sub-Ring System or Sub Sub-Ring System both from technical aspect in accordance with the technical specification set forth in this Agreement and commercial aspect, TELKOM shall issue a Partial BAST covering only the completed Sub-Ring System or Sub Sub-Xxxx System.
Partial Acceptance: Eligible Shareholder may choose to only pay for partial shares whereby the rest of the shares shall be sold to the Underwriters at TZS.
If, within thirty (30) days, the CONTRACTING PARTY chooses not to have the training carried out in the ninety (90) day period following the issuance of the Statement of Initial Acceptance and should no irregularity be found, the Statement of Partial Acceptance, as defined in the CONSOLIDATED RFP, shall be issued by the CONTRACTING PARTY, its being made clear as from now that the Statement of Final Acceptance shall only be issued after training is held.
Twenty per cent (20%) of the total value of the AGREEMENT, as per item 7.6, if the Statement of Initial Acceptance is issued, or twenty per cent (20%) of the AGREEMENT’s total value, prorated by commercially activated Site, if commercial activation takes place, taking into account the table included in item 8.1.1. 3 Issuance of the Statement of Partial Acceptance of the System that is the subject-matter of the AGREEMENT.
Pro Rata Rental Fees shall begin on the first Partial Acceptance Date, shall be cumulative for all Progress Payment(s), and shall be due in arrears on the last day of each month of the Progress Funding Period.