Commercial Discounts Sample Clauses

Commercial Discounts. The Parties agree to select one of the following articles: o The Tenant shall not announce the commercial discounts before notifying the Lessor and obtaining the written consent of the Lessor, and Tenant shall attach the required approvals from the competent official authorities and comply with such approvals and permits. o The Tenant shall not announce the commercial discounts unless the required approvals from the competent official authorities are obtained and such approvals and permits are complied with. 30 Tenant shall comply with the times and dates stated in the Tenant Manual for loading and unloading operations. 31 The Tenant shall insulate the floor of the rental unit according to the specifications provided in the Tenant Manual if they are used as toilets, a restaurant or are used for any activity requiring the use of water and sewage. 32 Commitment to cancel or transfer the fixed telephone lines of the rental unit immediately upon expiry of the contract.
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Commercial Discounts. In recognition of EDF's contribution to the development of HTS conductors for transformers, ASC undertakes to sell any AC and HRS conductor developed by ASC under this Agreement, which is to be used in HTS transformers designated for and sold in the [**] to the manufacturers of these transformers at pricing not to exceed to the one proposed to ABB under ASC's agreement with ABB on development of AC and HRS HTS wire. The current price discount to ABB amounts to a [**] price discount from the lowest commercial price available from ASC for similar quantities for any AC and HRS HTS conductors developed by ASC under this Agreement, or any HTS conductor originating from the Work, and this discount shall not be taken into consideration in determining the lowest commercial price. When a HTS transformer is commissioned for use in the [**], EDF will notify ASC. It is agreed that ASC shall have no right to influence any negotiation between EDF and any transformer manufacturer. The definition of a commercial conductor sale under this Agreement is sale of HRS or AC wire which is applicable to a High Temperature Superconducting Transformer which is either the [**] in the [**] of [**] HTS transformers, or the [**] in the [**] HTS transformers, whichever is sold first. The above-mentioned discount will apply during [**] from the [**] of HTS commercial conductors for HTS transformers by one of these designated manufacturers.
Commercial Discounts a) ASC will provide to ABB and ABB Affiliates, an irrevocable right to at least a [**] price discount from the lowest commercial price available from ASC for similar quantities for all commercial products purchased from ASC which embody the Technology. However, since ASC has agreed to discount certain transactions concerning the [**] in consideration of EDF's development funding for the HRS and AC HTS conductor Work, ASC shall have the right to assign a [**] to the EDF development CONFIDENTIAL TREATMENT AMERICAN SUPERCONDUCTOR CORPORATION HAS REQUESTED THAT THE MARKED PORTIONS OF THIS DOCUMENT BE ACCORDED CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED funding as a portion of [**] of these transactions only. Thus, ABB agrees that no [**] under this section 8.4 shall be applied to the [**] price. The ABB price discount will apply until such time as ABB [**] to ASC under this Agreement or [**] from the [**] of HTS commercial conductors [**], whichever is the earliest.

Related to Commercial Discounts

  • Adjustment of Revolving Loans To the extent the Commitments being increased on the relevant Increase Effective Date are Revolving Commitments, then each of the Revolving Lenders having a Revolving Commitment prior to such Increase Effective Date (the “Pre-Increase Revolving Lenders”) shall assign to any Revolving Lender which is acquiring a new or additional Revolving Commitment on the Increase Effective Date (the “Post-Increase Revolving Lenders”), and such Post-Increase Revolving Lenders shall purchase from each Pre-Increase Revolving Lender, at the principal amount thereof, such interests in the Revolving Loans and participation interests in LC Exposure and Swingline Loans outstanding on such Increase Effective Date as shall be necessary in order that, after giving effect to all such assignments and purchases, such Revolving Loans and participation interests in LC Exposure and Swingline Loans will be held by Pre-Increase Revolving Lenders and Post-Increase Revolving Lenders ratably in accordance with their Revolving Commitments after giving effect to such increased Revolving Commitments.

  • BID; INITIAL PAYMENT The Assuming Institution has submitted to the Receiver a Deposit premium bid of 0% and an Asset premium (discount) bid of $(26,800,000) (the “Bid Amount”). The Deposit premium bid will be applied to the total of all Assumed Deposits except for brokered, CDARS, and any market place or similar subscription services Deposits. On the Payment Date, the Assuming Institution will pay to the Corporation, or the Corporation will pay to the Assuming Institution, as the case may be, the Initial Payment, together with interest on such amount (if the Payment Date is not the day following the day of Bank Closing) from and including the day following Bank Closing to and including the day preceding the Payment Date at the Settlement Interest Rate.

  • Repayment of Revolving Loans The Revolving Loans and all other Liabilities (other than the Term Loan) shall be repaid on the last day of the Original Term or any Renewal Term if this Agreement is renewed pursuant to Section 10 hereof.

  • Minimum Amounts and Maximum Number of Eurodollar Tranches Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurodollar Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurodollar Loans comprising each Eurodollar Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (b) no more than ten Eurodollar Tranches shall be outstanding at any one time.

  • Repayment of Revolver Loans Revolver Loans shall be due and payable in full on the Revolver Termination Date, unless payment is sooner required hereunder. Revolver Loans may be prepaid from time to time, without penalty or premium. If any Asset Disposition includes the disposition of Accounts or Inventory, then Net Proceeds equal to the greater of (a) the net book value of such Accounts and Inventory, or (b) the reduction in the Borrowing Base upon giving effect to such disposition, shall be applied to the Revolver Loans. Notwithstanding anything herein to the contrary, if an Overadvance exists, Borrowers shall, on the sooner of Agent’s demand or the first Business Day after any Borrower has knowledge thereof, repay the outstanding Revolver Loans in an amount sufficient to reduce the principal balance of Revolver Loans to the Borrowing Base.

  • Making Revolving Credit Loans The Administrative Agent shall, promptly after receipt by it of a Loan Request pursuant to Section 2.5 [Revolving Credit Loan Requests; Swing Loan Requests], notify the Lenders of its receipt of such Loan Request specifying the information provided by the Borrower and the apportionment among the Lenders of the requested Revolving Credit Loans as determined by the Administrative Agent in accordance with Section 2.2 [Nature of Lenders’ Obligations with Respect to Revolving Credit Loans]. Each Lender shall remit the principal amount of each Revolving Credit Loan to the Administrative Agent such that the Administrative Agent is able to, and the Administrative Agent shall, to the extent the Lenders have made funds available to it for such purpose and subject to Section 7.2 [Each Loan or Letter of Credit], fund such Revolving Credit Loans to the Borrower in U.S. Dollars and immediately available funds at the Principal Office prior to 2:00 p.m., on the applicable Borrowing Date; provided that if any Lender fails to remit such funds to the Administrative Agent in a timely manner, the Administrative Agent may elect in its sole discretion to fund with its own funds the Revolving Credit Loans of such Lender on such Borrowing Date, and such Lender shall be subject to the repayment obligation in Section 2.6.2 [Presumptions by the Administrative Agent].

  • Repayment of Revolving Credit Loans The Borrower shall repay the Revolving Credit Loans together with all outstanding interest thereon on the Expiration Date.

  • Mandatory Prepayments and Commitment Reductions 27 2.10 Conversion and Continuation Options............................29 2.11 Limitations on Eurodollar Tranches.............................29 2.12 Interest Rates and Payment Dates...............................29 2.13 Computation of Interest and Fees...............................30 2.14 Inability to Determine Interest Rate...........................30 2.15 Pro Rata Treatment and Payments................................31 2.16

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