Processing Considerations Sample Clauses

Processing Considerations. (a) MTF shall undertake reasonable efforts to present a consistent flow of Donors to Osteotech with the goal of minimizing second-half-of-month bunching of Donors, and Osteotech shall undertake similar reasonable efforts in respect of Processing of MTF Tissue. Subject to the foregoing sentence, to Osteotech's right to refuse to accept Tissue pursuant to Section 2.1.5(c) and to the provisions of clauses (b) and (c) below, MTF Tissue received at Osteotech for Processing pursuant to this Agreement will be processed within a reasonable period of time (which shall be reviewed at the meetings provided for in Section 2.1.8(e)) from the time all required, complete and accurate Donor documentation as specified by the Processing Standards is received at Osteotech. Subject to the foregoing, Osteotech will use commercially reasonable efforts to complete the Processing of MTF Tissue delivered to it pursuant to this Agreement and deliver such processed Tissue to MTF within a reasonable period of time.. Osteotech will advise MTF no later than the following business day if there will be a material delay in the commencement of Processing of MTF Tissue which has been released from Osteotech's Quality Assurance Department. Once Processing of the Donor is complete, subject to the provisions of Section 3.1, all MTF Tissue will be shipped to MTF upon final inspection and release thereof by Osteotech's Quality Assurance Department.
Sample 1
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Processing Considerations. (a) ARC will pre-plan, which will include a written primary and secondary donor plan, the expected production from each donor prior to the scheduled day of processing. If Tissue cannot be processed according to either the primary or secondary donor plan, verbal approval will first be obtained from the procuring ARC Area for changes to the primary or secondary donor plan prior to processing by Osteotech and ARC will confirm by faxed written approval. Osteotech will use its best efforts to maximize the planned yield from each donor. (b) Osteotech may present valid evidence to ARC if Osteotech determines that FDA, AATB or other applicable government agency mandated changes in processing techniques or the quality and condition of ARC donor Tissue prevents the achievement of the planned yield provided for in Subsection (a). The parties agree to discuss the implications of such parameters and to determine a reasonable yield based on such new requirements.
Sample 1
Processing Considerations. (a) MTF will pre-plan, including a written primary and secondary donor plan, the expected production from each donor prior to the scheduled day of Processing. If Tissue cannot be processed according to either the primary or secondary donor plan, verbal approval will first be obtained by Osteotech from MTF for changes to the primary or secondary donor plan prior to Processing by Osteotech which MTF will confirm by faxed written approval. Osteotech will use its Best Efforts to maximize the planned yield from each donor. (b) Osteotech may present valid evidence to MTF if Osteotech determines that FDA, AATB or other applicable government agency mandated changes in processing techniques or the quality and condition of MTF Tissue prevents the achievement of the planned yield provided for in subsec- tion (a). The parties agree to discuss the implications of such parameters and to determine a reasonable yield based on such new requirements. (c) MTF and Osteotech shall each undertake reasonable efforts to present a consistent flow of donors and Tissue to the other with the goal of minimizing second-half-of-month bunching of donors and Tissue. Subject to the foregoing sentence, donors received at Osteotech for Processing will be processed within a reasonable period of time (which shall be reviewed at the weekly production
Sample 1
Processing Considerations. (a) Subject to MTF's compliance with its obligations under Section 1.1.3 hereof, MTF will pre-plan, including a written primary and secondary donor plan, the expected production from each donor at least three (3) working days prior to the scheduled day of Processing. Upon inspection of the Tissue in the Processing Rooms, if the Tissue cannot be processed according to either the primary or secondary donor plan Osteotech will use its Best Efforts to process the donor in accordance with prior general guidelines to maximize the yield from the donor.
Sample 1
Processing Considerations 
Sample 1

Related to Processing Considerations

  • Closing Consideration The closing consideration shall be delivered at the Closing as follows:

  • General Servicing Considerations Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. x 1122(d)(1)(i) 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. x 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. x Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. x 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. x 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. x 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. x Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. x 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. 1122(d)(2)(vii) Reconciliations are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days specified in the transaction agreements. x Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. x 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. x 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. x 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. x

  • Stock Consideration 3 subsidiary...................................................................53

  • Cash Consideration In case of the issuance or sale of additional Shares for cash, the consideration received by the Company therefor shall be deemed to be the amount of cash received by the Company for such Shares (or, if such Shares are offered by the Company for subscription, the subscription price, or, if such Shares are sold to underwriters or dealers for public offering without a subscription offering, the public offering price), without deducting therefrom any compensation or discount paid or allowed to underwriters or dealers or others performing similar services or for any expenses incurred in connection therewith.

  • Transaction Consideration The Transaction Consideration;

  • Purchase Price; Consideration Purchaser shall, on the date hereof (the “Closing Date”), issue to Seller a promissory note, substantially in the form attached hereto as Exhibit B, in the sum of Fifteen Thousand Dollars ($15,000) (the “Promissory Note”) as the consideration for the Ownership Interests.

  • Initial Consideration On the Effective Date, Retrocessionaire shall reimburse Retrocedant for one hundred percent (100%) of any and all unearned premiums paid by Retrocedant under such Inuring Retrocessions net of any applicable unearned ceding commissions paid to Retrocedant thereunder.

  • Acquisition Consideration (a) The consideration (the "ACQUISITION CONSIDERATION") to be received by each Grantor in respect of the contribution of the Grantor's Interests to the Operating Partnership shall be an amount equal to $100.00 (one hundred dollars). The Acquisition Consideration shall be paid in the form of a combination of (i) cash and/or (ii) units of limited partnership interest in the Operating Partnership ("OP UNITS"), in the percentages and allocations set forth on Schedule B attached hereto. To the extent a percentage of the Acquisition Consideration includes one or more OP Units, as set forth on Schedule B, the number of OP Units the Grantor shall be entitled to receive upon the exercise of the Option with respect to such percentage shall equal the quotient of

  • Sole Consideration Employee and the Company agree and acknowledge that the sole and exclusive consideration for the Incentive Payments is Employee’s forbearance as described in subsection 7(h)(iii) above. In the event that subsection 7(h)(iii) is deemed unenforceable or invalid for any reason, then the Company will have no obligation to make Incentive Payments for the period of time during which it has been deemed unenforceable or invalid. The obligations and duties of this subsection 7(h) shall be separate and distinct from the other obligations and duties set forth in this Agreement, and any finding of invalidity or unenforceability of this subsection 7(h) shall have no effect upon the validity or invalidity of the other provisions of this Agreement.

  • Merger Consideration Subject to the provisions of this Agreement, at the Effective Time, automatically by virtue of the Merger and without any action on the part of any Person:

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