MNWD Payment of PC 2 Costs Attributable to MNWD’s Assigned Capacity Sample Clauses

MNWD Payment of PC 2 Costs Attributable to MNWD’s Assigned Capacity. SCWD will invoice MNWD for the PC 2 costs attributable to MNWD’s Assigned Capacity, which shall be determined by SCWD in its sole and reasonable discretion, on a quarterly basis unless SCWD and MNWD later determine in writing for SCWD to invoice MNWD more or less frequently. Within 30 days of SCWD sending MNWD an invoice, MNWD shall pay to SCWD the full amount of the costs specified therein. MNWD shall pay SCWD a delinquency payment of 2% of the outstanding balance for any late payment and an additional 2% for each 30 days the payment is delinquent thereafter. Within 30 days following receipt of an invoice from SCWD related to any SOCWA audit or expense reconciliation, the Parties will reconcile any over- or under-payments identified in that audit or reconciliation, and will pay or reimburse such payments as applicable.
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Related to MNWD Payment of PC 2 Costs Attributable to MNWD’s Assigned Capacity

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • Entire Agreement This DPA and the Service Agreement constitute the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior communications, representations, or agreements, oral or written, by the Parties relating thereto. This DPA may be amended and the observance of any provision of this DPA may be waived (either generally or in any particular instance and either retroactively or prospectively) only with the signed written consent of both Parties. Neither failure nor delay on the part of any Party in exercising any right, power, or privilege hereunder shall operate as a waiver of such right, nor shall any single or partial exercise of any such right, power, or privilege preclude any further exercise thereof or the exercise of any other right, power, or privilege.

  • Definitions For purposes of this Agreement:

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • NOW, THEREFORE the parties hereto agree as follows:

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

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