Delivery and Acceptance Date definition

Delivery and Acceptance Date means the date that the Equipment listed on the related Lease Order is accepted at Lessee's premises, such date being specified in the related Delivery and Acceptance Receipt. Unless expressly agreed otherwise by the parties or Lessee notifies Lessor in writing that the Equipment has been rejected, the Equipment must be accepted within seven (7) days after the delivery date, and if not accepted by such time the Delivery and Acceptance Date shall be deemed to be seven (7) days after the delivery date.
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Delivery and Acceptance Date means the date that the Equipment listed on the related Lease Order is accepted at Lessee's premises, such date being specified in the related Delivery and Acceptance Receipt. Unless expressly agreed otherwise by the parties or Lessee notifies Lessor in writing that the Equipment has been rejected, the Equipment must be accepted within seven (7) days after the delivery date, and if not accepted by such time the Delivery and Acceptance Date shall be deemed to be seven (7) days after the delivery date. "Commencement Date" means, as to the Equipment designated on any Lease Order, where the Delivery and Acceptance Date for such Equipment falls on the first day of he month, that date, or, in any other case, the first day of the month or calendar quarter if so provided in the Lease Order, following the Delivery and Acceptance Date unless otherwise agreed by the parties. "Progress Payment Rider" shall refer to that document wherein the seller of the Equipment requires payment prior to the commencement of a Lease Order and Lessee agrees to make payments prior to the commencement of a Lease Order.
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Delivery and Acceptance Date means the latest date of the day when the Parties execute the Delivery and Acceptance Certificate according to Article 5.04 hereof, the Delivery and Acceptance Period (as defined in Article 5.04) expires of the date of issuance of the Initial Title according to Article 5.04(o).
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Examples of Delivery and Acceptance Date in a sentence

  • If the Delivery and Acceptance Date of any Equipment shall be other than the first day of the month, Lessee shall make an initial payment based on the Delivery and Acceptance Date in an amount equal to the fraction of the rent as specified in the related Lease Order for each day from the Delivery and Acceptance Date to (but not including) the Commencement Date.

  • As used herein, “Term” shall mean, collectively, the period from the Delivery and Acceptance Date to the Expiration Date and all Renewal Terms (as defined in the Equipment Schedule relating to such Equipment); provided, however, that this Master Lease shall be effective from and after the date of execution hereof.

  • The term of each lease as to any items of Equipment designated on any Lease Order shall commence on the Delivery and Acceptance Date for such Equipment, and shall continue for the Initial Term and any extended term provided herein.

  • Rental shall begin to accrue on the Delivery and Acceptance Date and Lessee shall pay to Lessor, as rental for the Equipment during the Initial Term, the rent set forth in the respective Lease Order, which shall be due and payable in advance on the first day of each calendar month or quarter as specified in the Lease Order during such Initial Term plus any extended term (each date being hereinafter called a "Rent Payment Date"), unless modified by a Progress Payment Rider.

  • Unless expressly agreed otherwise by the parties or Lessee notifies Lessor in writing that the Equipment has been rejected, the Equipment must be accepted within seven (7) days after the delivery date, and if not accepted by such time the Delivery and Acceptance Date shall be deemed to be seven (7) days after the delivery date.

  • Lessee represents that it has selected both (a) the Equipment, and (b) the manufacturer, vendor or other supplier of the Equipment (the “Supplier”) without assistance from Lessor and either is a party to, or has received a copy of, each agreement and document by which Lessor acquired the Equipment or the right to possession and use of the Equipment (including any documents or agreements with the Supplier (collectively, the “Supply Contract”)) prior to the Delivery and Acceptance Date.

  • Lessee represents and warrants that: (i) it has selected all Equipment based on its own judgment and expressly disclaims any reliance upon statements made by Lessor; and (ii) as of the Delivery and Acceptance Date, as between Lessee and Lessor, Lessee shall have unconditionally accepted such Equipment.

  • The Equipment shall be returned in the same operating order, repair, condition and appearance as on the Delivery and Acceptance Date, reasonable wear and tear excepted.

  • XIN shall, at its own cost, take out insurance strictly in accordance with the Lease Contract up to the Delivery and Acceptance Date.

  • As set forth on applicable Lease Order Equipment Addendum The Delivery and Acceptance Date in respect to such Equipment is February 16, 1998.


More Definitions of Delivery and Acceptance Date

Delivery and Acceptance Date. In the second sentence replace "seven (7)" with "fifteen (15)" in both parts of the sentence.
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Related to Delivery and Acceptance Date

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • Commitment and Acceptance is defined in Section 2.18(b).

  • Assignment and Acceptance Agreement means an assignment and acceptance agreement entered into by a Lender, an Eligible Assignee and the Administrative Agent, and, if required, the Borrower, pursuant to which such Eligible Assignee may become a party to this Agreement, in substantially the form of Exhibit C hereto.

  • Date of Acceptance means the date, which appears on the Notice of Acceptance and if no date appears is the date on which the Principal sent the Notice of Acceptance accepting the Contractor’s Tender.

  • Assignment and Acceptance means an assignment and acceptance entered into by a Lender and an Eligible Assignee, and accepted by the Administrative Agent, in substantially the form of Exhibit C hereto.

  • Certificate of Acceptance means written certification, delivered to Contractor and signed by an authorized representative of the State, stating that any Defects in a particular Phase or the Solution discovered after implementation and testing have been corrected as required under this Contract, and that the Phase complies in all material respects with all of the applicable Requirements.

  • Acceptance Date has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Final Acceptance Date means, in respect of any Offer, the final date for acceptance of such Offer which, if such Offer is extended prior to becoming unconditional, shall be the final date for acceptance of the extended Offer (but, if such Offer is or becomes unconditional, disregarding any additional or further period during which such Offer is open for acceptance);

  • Permitted Loan Purchase Assignment and Acceptance means an assignment and acceptance entered into by a Lender as an Assignor and Holdings, the Borrower or any of the Subsidiaries as an Assignee, as accepted by the Administrative Agent (if required by Section 9.04) in the form of Exhibit F or such other form as shall be approved by the Administrative Agent and the Borrower (such approval not to be unreasonably withheld or delayed).

  • AGREED AND ACCEPTED BUYER: , a By: Name: Title:

  • Confirmation of Acceptance shall have the meaning specified in paragraph 2B(5).

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

  • Letter of Acceptance (LOA) means the written notice issued by JMRC to the selected bidder(s) intimating the acceptance of selected bidder's Proposal for the award of Lease;

  • Final Acceptance Certificate “– shall mean ISR's issuance of a signed Final Acceptance Certificate in the form attached hereto as Appendix D.

  • Assignment and Assumption Agreement means the Assignment and Assumption Agreement in substantially the form attached hereto as Exhibit A.

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Letter of Acceptance means the letter of formal acceptance, signed by the contractor. Procuring Entity, including any annexed memoranda comprising agreements between and signed by both Parties.

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.1. Demand Bid:

  • Assignment and Assumption means an assignment and assumption entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of Exhibit A or any other form approved by the Administrative Agent.

  • Order Form Effective Date means the date on which an Order Form comes into effect as indicated in that Order Form.

  • Acceptance Day shall have the meaning specified in paragraph 2B(5).

  • Notice of Acceptance means the written notification and any accompanying documentation sent to the Consultant by the Principal advising acceptance of its Tender to provide the Services under the Contract.

  • Designated Borrower Request and Assumption Agreement has the meaning specified in Section 2.14.

  • Contract Effective Date means the date agreed upon by the parties for beginning the period of performance under the contract. In no case shall the effective date precede the date on which the contracting officer or designated higher approval authority signs the document.

  • Assignment and Assumption Agreements means each of the Assignment and Assumption Agreements to be executed between a Trustee and trustee of the relevant Successor Trust in accordance with the relevant Trust Agreement, as the same may be amended, modified or supplemented from time to time.

  • nment and Assumption means an assignment and assumption agreement entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of E xhibit A or any other form approved by the Administrative Agent.