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Cutoff Sample Clauses

CutoffFailure or delay on the part of the Administrative Agent or any Lender, Lending Installation, or LC Issuer to demand compensation pursuant to Section 3.1 or 3.2 shall not constitute a waiver of such Person’s right to demand such compensation; provided that Borrower shall not be required to compensate any such Person for any increased costs or reductions incurred more than nine months prior to the date that such Person notifies Borrower of the event giving rise to such increased costs or reductions and of such Person’s intention to claim compensation therefor; provided further that, if the event giving rise to such increased costs or reductions is retroactive, then the nine month period referred to above shall be extended to include the period of retroactive effect thereof.
Cutoff. Buyer is purchasing Seller’s accounts receivable, which have accrued through (and including) the date of Closing, and for all accounts receivable generated after the Closing. Buyer is not assuming any of Seller’s accounts payable except as specifically set forth in Schedule 2.4(a). Seller shall be responsible for all expenses incurred or accrued with respect to the Assets through and including the Closing Date. Buyer shall be responsible for all expenses incurred or accrued and shall be entitled to all revenues earned with respect to the Assets commencing on the day after the closing date. To the extent either party is required to pay any expense that is the responsibility of the other, the responsible party shall promptly reimburse the paying party, on the receipt of reasonable notice. To the extent either party receives revenues that were earned or are due to the other party, then the receiving party shall promptly pay such revenues to the other party.
Cutoff. All room allocation unit types have a 7 day cutoff in WINTER (January 03, 2019 – April 21, 2019) and 3 day cutoff in SUMMER/FALL (April 22, 2019 – December 20, 2019). After cutoff, all unit types are on a call and request basis.
Cutoff. (1) The deadline for receipt of Entries (the “Cutoff Time”) is 3:00 PM EST one (1) Business Days prior to the Effective Date. Entries received after the Cutoff Time shall be deemed to have been received on the next Business Day. (2) Upon request, we offer same-day procession for certain ACH Entries ("Same Day ACH"). The Cutoff Time for Same Day ACH is 12 PM EST. Entries received after the Same Day ACH Cutoff Time will be processed as non-Same Day ACH Entries in accordance with subsection (1), above. Same Day ACH Entries are subject to special limits and policies including, among other things, the dollar amount of Entries and pre-funding, which limits and policies we reserve the right to modify from time to time.
Cutoff the analytical value (i.e., drug or drug metabolite concentration) used as the decision point to determine a result (i.e., negative, positive, adulterated, substituted) or the need for further testing.

Related to Cutoff

  • Characteristics of Receivables Each Receivable (A) shall have been originated in the United States by a Dealer for the retail sale of the related Financed Vehicle in the ordinary course of such Dealer’s business, shall have been fully and properly executed by the parties thereto, shall have been purchased by the Seller from such Dealer under an existing agreement with the Seller, shall have been validly assigned by such Dealer to the Seller in accordance with its terms and, to the best knowledge of the Seller, shall have been sold by a Dealer without fraud or misrepresentation, (B) shall have created or shall create a valid, subsisting and enforceable first priority security interest in favor of the Seller in the related Financed Vehicle, (C) shall contain customary and enforceable provisions such that the rights and remedies of the holder thereof shall be adequate for realization against the collateral of the benefits of the security, (D) shall provide for level Monthly Payments (provided that the first or last payment in the life of the Receivable may be minimally different from the level payment) that fully amortize the Amount Financed over its original term and shall provide for a finance charge or shall yield interest at its APR, (E) shall provide for, in the event that such Receivable is prepaid, a prepayment that fully pays the Principal Balance and includes accrued but unpaid interest at least through the date of prepayment in an amount calculated by using an interest rate at least equal to its APR, (F) shall have an Obligor that is not a federal, state or local governmental entity and (G) is a retail installment contract.

  • Origination Date The Receivable was originated at least eight days prior to the Cutoff Date. Receivable File

  • Maturity of Receivables Each Receivable shall have an original maturity of not less than 24 months nor greater than 72 months and, as of the Cutoff Date, a remaining maturity of not less than 6 months nor greater than 69 months.