Scheduled Releases Sample Clauses

Scheduled Releases. Subject to the second sentence of this Section, on the first anniversary of the Closing Date ("First Release Date") Escrow Agent shall pay to Seller Fifty Thousand Dollars ($50,000) of the Escrow Deposit, and on the second anniversary of the Closing Date ("Second Release Date") Escrow Agent shall pay to Seller the remainder of funds in the Escrow Account. If claims are pending against the Escrow Property on either the First Release Date or the Second Release Date, then Escrow Agent shall disburse only the difference, if any, between the amount otherwise distributable to Seller on such date and the aggregate amount of such claims. The balance (the "Escrow Balance") shall be retained in escrow hereunder. Escrow Agent shall distribute the Escrow Balance to Seller only as, when and if Escrow Agent is notified pursuant to paragraph (e) of this Section 3(e) that such claims have resolved
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Scheduled Releases. The next sixty (60) days of the forecast are for the procurement of materials. Novel is authorized to purchase materials needed to fill these requirements, subject to minimum order requirements. Upon termination of this Agreement (see Article 0, Xxxxxxx 00), Xxxxx-Xxxxxxxxx commits to purchase, at Novel's direct out of pocket cost, [***] all the non-cancelable or non-returnable materials purchased by Novel in reasonable reliance on the Scheduled Releases. No material procurement or capacity scheduling will take place until Neuro-Biometrix has transmitted the 6- month Rolling Forecast to Novel. In the event of a Technology Transfer (See Article 2, Section 9 below), all materials that Neuro-Biometrix is required to purchase under this paragraph shall be used in the production of FINISHED PRODUCTS that Novel is supplying during the transfer or, if reasonable, transferred to the transferee.
Scheduled Releases. The Supplier is continuously working on new features and updates to the hosted services. New releases are deployed to the production environment at weekly intervals. In case the deployment is expected to make the hosted services unavailable The Supplier will follow the notice period described under “Maintenance Notices”. The Supplier is making release notes available to The Client from the Management Portal or The Client can subscribe to receive updates by mail. Scheduled releases, Preventive and Planned maintenance will NOT take place within CET 06:00-22:00 (GMT+1). However, because of the software being multitenant and having users sitting in different time zones the users might experience the application being unavailable in short periods during updates. A single planned release or maintenance takes on average around 5-10 minutes to complete. During maintenance, The Client can experience longer response times from the Hosted Services and only in rare cases actual downtime. On a monthly basis, the total duration of maintenance will not exceed 120 minutes.
Scheduled Releases. If the aggregate defaults on the Timeshare Loans are less than the Default Levels determined in accordance with Schedule IV hereto, the Collateral Agent shall withdraw from each Special Reserve Sub-Account (x) on the first anniversary of the Pool Closing Date corresponding to such Special Reserve Sub-Account, an amount no greater than 1/3 of the amount on deposit in the relevant Special Reserve Sub-Account, (y) on the second anniversary of the relevant Pool Closing Date, an amount no greater than 2/3 of the amount on deposit in the relevant Special Reserve Sub-Account (calculated without reduction for prior withdrawals under this subsection (ii)) and (z) on the third anniversary of the relevant Pool Closing Date, then all remaining amounts on deposit in the relevant Special Reserve Sub-Account, in each case to be paid directly to the Certificate Distribution Account for distribution pursuant to the Trust Agreement. If the aggregate defaults on the Timeshare Loans do not satisfy such gross cumulative default curve, the Collateral Agent shall not withdraw funds from each Special Reserve Sub-Account.
Scheduled Releases. The second ninety (90) days of the forecast ------------------ are for the procurement of materials. EDAP is authorized to purchase materials needed to fill these requirements. Urologix commits to purchase all the non-cancelable or non-returnable materials and is responsible for any conversion costs applied to this category of requirement. Urologix will produce monthly forecasts that will roll another new month into the Scheduled Release window and which will be used to determine delivery dates. No material procurement or capacity scheduling will take place until Urologix has transmitted an appropriate purchase order or scheduled release to EDAP.
Scheduled Releases. The Supplier is continuously working on new features and updates to the hosted services. New releases are deployed to the production environment at weekly intervals. In case the deployment is expected to make the hosted services unavailable The Supplier will follow the notice period described under “Maintenance Notices”. The Supplier is making release notes available to The Client from the Management Portal or The Client can subscribe to receive updates by mail. Scheduled releases, Preventive and Planned maintenance will NOT take place within CET 06:00-22:00 (GMT+1). However, because of the software being multitenant and having users sitting in different timezones the users might experience the application to be unavailable in short periods during updates. A single planned release or maintenance takes on average around 5-10 minutes to complete. During maintenance, The Client can experience longer response times from the Hosted Services and only in rare cases actual downtime. On a monthly basis, the total duration of maintenance will not exceed 120 minutes.

Related to Scheduled Releases

  • Scheduled Days Off Except in cases of emergency, no employee will be required to return to his/her place of employment on his/her scheduled day off.

  • Scheduled Vesting If you remain a Service Provider continuously from the Grant Date specified on the cover page of this Agreement, then the Units will vest in the amounts and on the Scheduled Vesting Dates specified in the Vesting Schedule.

  • Scheduled Valid Day A day that is scheduled to be a Valid Day on the principal United States national or regional securities exchange or market on which the Shares are listed or admitted for trading. If the Shares are not so listed or admitted for trading, “Scheduled Valid Day” means a Business Day.

  • Scheduled Outages (1) No later than five (5) Business Days prior to the dates required by the ISO for delivery of schedules for planned outages (which such ISO required delivery dates are currently January 15th, April 15th, July 15th and October 15th of each calendar year during the Facility Term), and at least sixty (60) days prior to the later of: (A) Initial Synchronization, or (B) SCE becoming Seller’s Scheduling Coordinator, Seller shall submit to SCE its schedule of proposed planned outages (“Outage Schedule”) for the subsequent twenty four-month period using the Web Client. If Seller fails to submit an Outage Schedule for any period as required under this Section 3.19, then Seller shall not be permitted to schedule or have any planned outages with respect to such period. The foregoing shall not prevent Seller from modifying its Outage Schedule in cooperation with SCE and the ISO. SCE shall provide Notice to Seller in the event that the ISO changes the ISO required delivery dates for schedules for planned outages. In addition, no later than thirty (30) days prior to October 15 of each year, Seller shall submit to SCE its estimate of its planned outages for the following year. (2) Seller shall provide the following information for each proposed planned outage: (A) Start date and time; (B) End date and time; and (C) Capacity expected to be online, in MW, during the planned outage. (3) Within twenty (20) Business Days after SCE’s receipt of an Outage Schedule, SCE shall notify Seller in writing of any reasonable request for changes to the Outage Schedule, and Seller shall, consistent with Prudent Electrical Practices and as permitted by the ISO, accommodate SCE’s requests regarding the timing of any planned outage. (4) Seller shall cooperate with SCE to arrange and coordinate all Outage Schedules with the ISO. (5) In the event a condition occurs at the Generating Facility which causes Seller to revise its planned outages, Seller shall provide Notice to SCE, using the Web Client, of such change (including an estimate of the length of such planned outage) as soon as practicable after the condition causing the change becomes known to Seller. (6) Seller shall promptly prepare and provide to SCE upon request, using the Web Client, all reports of actual or forecasted outages that SCE may reasonably require for the purpose of enabling SCE to comply with Section 761.3 of the California Public Utilities Code or any Applicable Law mandating the reporting by investor owned utilities of expected or experienced outages by electric energy generating facilities under contract to supply electric energy.

  • Scheduled Termination Unless previously terminated, the Commitments shall terminate on the Commitment Termination Date.

  • Scheduled and Interim Redeterminations The Borrowing Base shall be redetermined semi-annually in accordance with this Section 2.07 (a “Scheduled Redetermination”), and, subject to Section 2.07(d), such redetermined Borrowing Base shall become effective and applicable to the Borrower, the Agents, the Issuing Bank and the Lenders on May 1st and November 1st of each year, commencing November 1, 2018. In addition, the Borrower may, by notifying the Administrative Agent thereof, and the Administrative Agent may, at the direction of the Majority Lenders, by notifying the Borrower thereof, three times during any twelve month period, each elect to cause the Borrowing Base to be redetermined between Scheduled Redeterminations (an “Interim Redetermination”) in accordance with this Section 2.07.

  • Scheduled Downtime For the purposes of this Agreement, Scheduled Downtime will mean those hours, as determined by us but which will not occur between the hours of 9:00 AM and 5:00 PM Eastern Time, Monday through Friday without your authorization or unless exigent circumstances exist, during which time we will perform scheduled maintenance or adjustments to the Environment. We will use our best efforts to provide you with at least twenty-four (24) hours of notice prior to scheduling Scheduled Downtime.

  • Scheduled and Interim Redetermination Procedure (i) Each Scheduled Redetermination and each Interim Redetermination shall be effectuated as follows: Upon receipt by the Administrative Agent of (A) the Reserve Report and the certificate required to be delivered by the Borrower to the Administrative Agent, in the case of a Scheduled Redetermination, pursuant to clauses (a) and (c) of Section 5.13, and, in the case of an Interim Redetermination, pursuant to clauses (a) and (c) of Section 5.13, and (B) such other reports, data and supplemental information, including, without limitation, the information provided pursuant to clause (c) of Section 5.13, as may, from time to time, be reasonably requested by the Required Lenders (the Reserve Report, such certificate and such other reports, data and supplemental information being the “Engineering Reports”), the Administrative Agent shall evaluate the information contained in the Engineering Reports and shall propose a new Borrowing Base which shall be based upon such information from the Engineering Reports and such other information as the Administrative Agent deems appropriate in its sole discretion consistent with its lending criteria as it exists at such time. In no event shall the Proposed Borrowing Base exceed the Aggregate Maximum Loan Amount; (ii) The Administrative Agent shall notify the Borrower and the Lenders of the Proposed Borrowing Base (the “Proposed Borrowing Base Notice”) after the Administrative Agent has received complete Engineering Reports from the Borrower and has had a reasonable opportunity to determine the Proposed Borrowing Base in accordance with Section 2.4(c)(i); and (iii) Until the Borrowing Base is redetermined in accordance with this Section 2.4, the then-existing Borrowing Base will remain in effect. Any Proposed Borrowing Base that would increase the Borrowing Base then in effect must be approved by all of the Lenders as provided in this Section 2.4(c)(iii); and any Proposed Borrowing Base that would decrease or maintain the Borrowing Base then in effect must be approved or be deemed to have been approved by the Required Lenders as provided in this Section 2.4(c)(iii). Upon receipt of the Proposed Borrowing Base Notice, each Lender shall have fifteen (15) days to agree with the Proposed Borrowing Base or disagree with the Proposed Borrowing Base by proposing an alternate Borrowing Base. If, at the end of such fifteen (15) days (A) in the case of any Proposed Borrowing Base that would decrease or maintain the Borrowing Base then in effect, any Lender has not communicated its approval or disapproval in writing to the Administrative Agent, such silence shall be deemed to be an approval of the Proposed Borrowing Base and (B) in the case of any Proposed Borrowing Base that would increase the Borrowing Base then in effect, any Lender has not communicated its approval or disapproval in writing to the Administrative Agent, such silence shall be deemed to be a disapproval of the Proposed Borrowing Base. If, at the end of such 15-day period, all of the Lenders, in the case of a Proposed Borrowing Base that would increase the Borrowing Base then in effect, or the Required Lenders, in the case of a Proposed Borrowing Base that would decrease or maintain the Borrowing Base then in effect, have approved or, in the case of a decrease or reaffirmation, deemed to have approved, as aforesaid, then the Proposed Borrowing Base shall become the new Borrowing Base effective on the date specified in Section 2.4(d). If, however, at the end of such 15-day period, all of the Lenders or the Required Lenders, as applicable, have not approved or, in the case of a decrease or reaffirmation, deemed to have approved, as aforesaid, then the Administrative Agent shall poll the Lenders to ascertain the highest Borrowing Base then acceptable to (x) in the case of a decrease or reaffirmation, a number of Lenders sufficient to constitute the Required Lenders and (y) in the case of an increase, all of the Lenders, and such amount shall become the new Borrowing Base effective on the date specified in Section 2.4(d).

  • Scheduled Overtime Scheduled overtime is overtime which is assigned by the end of the employee's last worked shift prior to the overtime assignment and which does not immediately precede or immediately follow a scheduled work shift. Unless notified otherwise in advance of the scheduled starting time of the scheduled overtime assignment, any employee who is scheduled to report for work and who reports as scheduled shall be assigned at least two (2) hours work. If work is not available, the employee may be excused from duty and paid for two (2) hours at the employee's appropriate rate. If the employee begins work but is excused from duty before completing two (2) hours of work, the employee shall be paid for two (2) hours at the employee's appropriate rate.

  • Scheduled Termination of Commitments Unless previously terminated, the Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Credit Amounts or the Borrowing Base is terminated or reduced to zero, then the Commitments shall terminate on the effective date of such termination or reduction.

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