Actual Local Content Spend definition

Actual Local Content Spend means the monetary value of local content initiatives actually delivered by the Supplier during the period under review.
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Examples of Actual Local Content Spend in a sentence

  • Non-compliance penalties shall apply at the following rate: the difference in value between the Required Local Content Spend and the Actual Local Content Spend, plus 5% of such difference.

  • To the extent that the Actual Local Content Spend1 is lower than the Required Local Content Spend2 (or the Adjusted Required Local Content Spend3, as the case may be), the Supplier shall be liable for Penalties which is the difference in value between the Actual Local Content Spend and the Required Local Content Spend (or the Adjusted Required Local Content Spend, as the case may be) plus an additional percentage of such difference.

  • To the extent that the Actual Local Content Spend is lower than the Required Local Content Spend (or the Adjusted Required Local Content Spend , as the case may be), the Supplier shall be liable for Penalties which is the difference in value between the Actual Local Content Spend and the Required Local Content Spend (or the Adjusted Required Local Content Spend, as the case may be) plus an additional percentage of such difference.

  • Xx the extent that the Actual Local Content Spend1 is lower than the Required Local Content Spend2 (or the Adjusted Required Local Content Spend3, as the case may be), the Supplier shall be liable for Penalties which is the difference in value between the Actual Local Content Spend and the Required Local Content Spend (or the Adjusted Required Local Content Spend, as the case may be) plus an additional percentage of such difference.

  • To the extent that the Actual Local Content Spend1 is 1 Actual Local Content Spend means the monetary value of local content initiatives actually delivered by the Seller during the period under review.

  • To the extent that the Actual Local Content Spend is lower than the Required Local Content Spend (or the Adjusted Required Local Content Spend, as the case may be), the Supplier shall be liable for Penalties which is the difference in value between the Actual Local Content Spend and the Required Local Content Spend (or the Adjusted Required Local Content Spend, as the case may be) plus an additional percentage of such difference.

  • Such Non-compliance Penalties shall be calculated and levied at the relevant milestones as stipulated in the Local Content Plan or shall be 1 Actual Local Content Spend means the monetary value of local content initiatives actually delivered by the Supplier during the period under review.

  • To the extent that the Actual Local Content Spend1 is lower than the Required Local Content Spend2 (or the Adjusted Required Local Content Spend3, as the case may be), the Supplier shall be liable for Penalties which is the difference in value between 1 Actual Local Content Spend means the monetary value of local content initiatives actually delivered by the Supplier during the period under review.

Related to Actual Local Content Spend

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