Warranty Payment. With respect to a Distribution Date and to a Warranty Receivable to be repurchased as of the last day of the related Monthly Period, a payment equal to the Amount Financed minus that portion of all payments received from the related Obligor on or prior to the last day of the related Monthly Period allocable to principal and minus any Liquidation Proceeds (to the extent applied to reduce the Principal Balance of such Simple Interest Receivable) previously received with respect to such Simple Interest Receivable.
Warranty Payment. With respect to a Distribution Date and to a Warranty Receivable to be repurchased as of the last day of the related Monthly Period, a payment equal to (i) the Receivables Principal Balance minus that portion of all payments received from the related Obligor on or prior to the last day of the related Monthly Period allocable to principal and minus any Liquidation Proceeds (to the extent applied to reduce the Principal Balance of such Simple Interest Receivable) previously received with respect to such Simple Interest Receivable plus (ii) the product of the amount set forth in clause (i), the greater of the Discount Rate and the Annual Percentage Rate and 30/360.
Warranty Payment. (a) After the Buyer has submitted a warranty claim to SGIMB/SG, SGIMB/SG has 30 days to acknowledge and question the claim. Both parties shall make their best efforts to resolve any issues arising from the warranty claim. After any issues have been resolved SGIMB/SG will credit the Buyer within 30 days of said resolution.
(b) Credit shall be in the form of film cost at the original time of purchase 1 for 1 for only quantity of film affected by the defect.
(c) SGIMB/SG reserves the right to question and/or refuse warranty claims on reasonable grounds.
(d) Grounds for questioning or refusal may include but not be limited to: (i) Incorrect documentation, (ii) Lateness of claim, (iii) Rate of claims exceeding historical levels
Warranty Payment. With respect to a Distribution Date and to a Warranty Receivable, a payment equal to (i) the Receivables Principal Balance minus that portion of all payments received from the related Obligor on or prior to the last day of the related Monthly Period allocable to principal and minus any Liquidation Proceeds (to the extent applied to reduce the Principal Balance of such Simple Interest Receivable) previously received with respect to such Simple Interest Receivable plus (ii) the product of the amount set forth in clause (i), the greater of the Discount Rate or the Annual Percentage Rate and 30/360.
Warranty Payment. With respect to a Distribution Date and to a Warranty Receivable repurchased as of the related Accounting Date, (i) the sum of all remaining Scheduled Payments on such Warranty Receivable due after the Accounting Date, plus (ii) all past due Scheduled Payments with respect to which a Monthly Advance has not been made, plus (iii) the amount of any reimbursements made pursuant to the last sentence of Section 2.14 of the Servicing Agreement with respect to such Warranty Receivable plus (iv) all Outstanding Monthly Advances made on such Warranty Receivable minus (v) the Rebate minus (vi) any Liquidation Proceeds with respect to such Warranty Receivable to the extent applied prior to the Accounting Date that are not reflected in items (i) through (iv).
Warranty Payment. With respect to a Distribution Date and to a Warranty Receivable, a payment equal to the Receivables Principal Balance plus one month of interest on such Receivable, calculated at the greater of the Discount Rate or the Annual Percentage Rate and 30/360.
Warranty Payment. 9.10.1 In return for the DB Contractor’s satisfactory performance of the specified Performance Warranty duties set forth in this Section 9.10.1, TxDOT agrees to pay to DB Contractor for such Warranty Work performed up to a maximum amount of [$ ]2 per annum (the “maximum Warranty Payment”). Such amount shall be subject to deductions as set forth in Section 9.10.2. DB Contractor may submit an invoice for such amount on each anniversary of the date of Final Acceptance to the end of the Warranty Term.
(a) DB Contractor has responded within the periods defined in the Contract Documents to all correspondence from TxDOT in connection with the Performance Warranty;
(b) DB Contractor has arranged and attended all Warranty Inspections with personnel having appropriate qualifications and experience in accordance with Design Build Specification Item 32;
(c) DB Contractor has provided an Authorized Representative who has satisfactorily performed the functions described in accordance with the requirements of Design Build Specification Item 32;
(d) Other than any Warranty Action that is the subject of a dispute by DB Contractor as to the existence of a Warranty Defect, and provided DB Contractor has followed all the requirements and preconditions to Dispute Resolution set forth in the Contract Documents, DB Contractor has performed all necessary Warranty Action within the required defect repair period and in accordance with the Contract Documents;
(e) DB Contractor has provided timely and accurate reports, including a Warranty Action Plan in accordance with the requirements of Design Build Specification Item 32; and
(f) DB Contractor has maintained records of Warranty Defects and their status in accordance with the requirements of Design Build Specification Item 32.
9.10.2 In the event of any failure by DB Contractor to perform the duties set forth in Section 9.10.1 over the previous 12 month period, TxDOT may withhold from the Warranty Payment the amounts to the extent set forth in the following table: 2 Amount to be set by District. Amount to be based on estimated administrative costs for performing the specified Performance Warranty duties, e.g., $100,000 - $200,000. Ref Main Heading Failure to: Deduction Percentage per Incident 1 Correspondence Respond within the periods defined in the Contract Documents to correspondencefrom TxDOT in connection with the Performance Warranty. % 2 Warranty Inspections Arrange and attend Warranty Inspections with personnel having appro...
Warranty Payment. After Party B retains the project development moulds, fixtures, and gauges tooling for Party A for 12 months (starting from the completion of the delivery of the EP BIW), each additional order is postponed when the last batch of orders is delivered. Party A pays Party B 10% of the total cost of RMB [***]for tooling and development, which is RMB [***] (in words: RMB [***]). Party B first provides Party A with a full legal VAT special invoice. Party A will complete the payment to Party B within 15 days after receiving Party B’s invoice. Payment method: bank acceptance (6 months).
Warranty Payment. With respect to a Distribution Date and to a Warranty Receivable to be repurchased as of the last day of the related Monthly Period:
Warranty Payment. If the ASL is exceeded in production, meaning low defect counts are reported to the help desk, the Contractor shall be eligible for final payment before the 90 day warranty period.