Prompt Administration Sample Clauses
The Prompt Administration clause requires parties to carry out their contractual duties or respond to requests within a specified, reasonable timeframe. In practice, this means that actions such as approvals, submissions, or notifications must be completed without undue delay, often within a set number of days. This clause ensures that projects or transactions proceed efficiently and helps prevent unnecessary hold-ups, thereby reducing the risk of disputes or project delays caused by inaction or slow responses.
Prompt Administration. Spirit is assigned a Warranty Analyst whose job is to provide individual attention and obtain prompt and effective settlements of Warranty and Service Policy claims. A typical claim properly submitted is generally settled, including issuance of applicable credit memo, within thirty days. Experience generated by much of the data derived from such claims often enables IAE to monitor trends in operating experience and to address and often eliminate potential problems.
Prompt Administration. Each airline customer is assigned a Warranty Analyst whose job is to provide individual attention and obtain prompt and effective settlements of Warranty and Service Policy claims. A typical claim properly submitted is generally settled, including issuance of applicable credit memo, within thirty days. Experience generated by much of the data derived from such claims often enables IAE to monitor trends in operating experience and to address and often eliminate potential problems.