Delay Credit definition

Delay Credit is defined in Section 6.2.
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Delay Credit is defined in Section 6.2 of the Agreement. SCHEDULE 1.5 ***.
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Delay Credit shall have the meaning specified in Paragraph 6.4 (Credits for Delays) below.
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Examples of Delay Credit in a sentence

  • The amount of the Delivery Delay Credit will be equal to Five Hundred Dollars ($500) for each day completion is delayed beyond the applicable Delivery Milestone Date.

  • For the avoidance of doubt, Cox and Customer agree that Customer’s sole and exclusive remedy for any COI Service Interruptions, installation delays, missed Data Delivery Rate, missed Network Latency, missed repair objectives, service degradations, or any other outages or issues related to the COI Services provided under the Agreement shall be strictly limited to the Service Credits or the Installation Delay Credit, as applicable, as set forth in this SLA.

  • This Installation Delay Credit shall apply only to Cox standard NRCs and shall not apply to construction or other non-standard charges billed to Customer that are associated with providing COI Services to Customer.

  • But as charters became available by simple registration, the existence and actions of corporations came to be viewed as products of private rights and freedom of contract.


More Definitions of Delay Credit

Delay Credit has the meaning set forth in Section 4.5 of Exhibit J (Pricing).
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Related to Delay Credit

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) the Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Revolving Facility Lender at any time shall be the sum of (a) the aggregate principal amount of such Revolving Facility Lender’s Revolving Facility Loans outstanding at such time and (b) such Revolving Facility Lender’s Revolving Facility Percentage of the Swingline Exposure and Revolving L/C Exposure at such time.

  • Pension Credit ; means the means-tested Guarantee or Savings Credit administered by the Department for Work and Pensions under the State Pension Credit Regulations 2002;

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • Letter of Credit Fees shall have the meaning set forth in Section 3.2.

  • LC means Letter of Credit

  • Letter of Credit Fee has the meaning specified in Section 2.03(h).

  • Revolving Letter of Credit means a letter of credit issued by a Revolving Fronting Bank pursuant to Section 2.03(a) and shall also include each Existing Letter of Credit.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Letter of Credit Expiration Date means the day that is seven days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).