ARM Services definition
Examples of ARM Services in a sentence
Borrower or BNY may, upon ninety (90) days prior written notice, terminate BNY's right and obligation to provide ARM Services regarding Borrower's Receivables and Affiliate Receivables, provided that Borrower shall continue to remit the proceeds of such Receivables or Affiliate Receivables to a Blocked Account maintained by Borrower in accordance with Section 22 hereof.
BNY's liability to Borrower for any alleged failure on BNY's part to provide adequate ARM Services shall be expressly limited to a refund of commissions paid by Borrower during the period of such alleged failure and BNY shall have no liability of any kind whatsoever for consequential or other damages or penalties based upon any such alleged failure on BNY's part unless BNY shall have significantly and materially adversely departed from its published practices and procedures.
If ARM has stopped providing the ARM Services to Customer in accordance with this Clause 7.6, then ARM shall have no obligation to resume the performance of the ARM Services until Customer pays to ARM, in addition to any sums properly due but not paid, a fee equal to [*****] of the total fees due to ARM in accordance with the relevant Fees Schedule.
BNY shall compute the Minimum Volume Charges on a calendar quarterly basis and charge Borrower's Account for the same on the first day of the month following the end of such calendar quarter or on the first day of the month following the effective date of termination of ARM Services in the case of a Partial Quarter or ARM Termination Partial Quarter.
The procedure manual BNY has delivered to Borrower describes BNY's current practices and procedures regarding its ARM Services.
BY: /s/ ▇▇▇▇ Elbro BY: /s/ ▇▇▇▇▇ ▇▇▇ NAME: ▇▇▇▇ Elbro NAME: ▇▇▇▇▇ ▇▇▇ TITLE: Director, ARM Services Division TITLE: VP, Corporate Development DATE: 30/6/06 DATE: Jun 27, 2006 NH/RT ARM/GCT Semiconductor, Inc.
Upon an Event of Default and during the continuance thereof, BNY itself or through BNY U.K. for itself and not in its capacity as Agent may, in its sole discretion, perform the ARM Services described herein with respect to U.K. Receivables as described herein.
BY: BY: NAME: ▇▇▇▇ Elbro NAME: ▇▇▇▇▇ ▇▇▇ TITLE: Director, ARM Services Division TITLE: VP, Marketing DATE: 22/3/06 DATE: 03/11/2006 [***].
ARM shall use reasonable skill and care in performing the ARM Services for Customer.
ARM shall have no liability for any delays or increased costs in the provision of the ARM Services which result directly from changes to any of the Design Rules, Prefab Characterization Conditions or Assumptions.