Examples of Initial Delivery Period in a sentence
In addition, such an audit shall be prepared to cover all transactions relating to the Interim Delivery Period, as well as a separate audit covering transactions relating to the Initial Delivery Period.
On the last day of the Initial Delivery Period, all Films for which FLI has provided the necessary title documents as well as Elements which meet the criteria of Subparagraph 5(b) below shall be deemed accepted by TEAM.
In the event TEAM violates any of the terms and conditions set out herein and fails to cure such violation within fifteen (15) business days from the date on which it receives written notice of said violation, Film Libraries shall have the immediate right to declare the entire unpaid balance due and payable, provided that TEAM shall be limited to a three (3) day cure period with regard to the payments due at the end of the Initial Delivery Period and the Delivery Cure Period.
Subject to the terms of this Agreement, during the Initial Delivery Period, Shasun will manufacture at the Manufacturing Site under cGMP, and CTI will purchase, [**] metric tons of commercial scale batches of Compound.
Elements: With regard to the videotape masters and underlying film elements (the "Elements") to be purchased by TEAM with regard to the Film Library, TEAM and FLI hereby agree that during the Initial Delivery Period, FLI shall be responsible for shipping the Elements for each Film to one of the film or video laboratories listed on Exhibit 2 to this agreement.
In the event that more than 12, but less than 25 Films have been accepted during the Initial Delivery Period and the Delivery Cure Period, then TEAM shall be entitled to reduce the stock portion of the purchase price by $76,000 for each said Film which was not accepted.
In the event less than 12 Films have been accepted during the Initial Delivery Period and the Cure Delivery Period, the cash portion of the purchase price will be reduced by $76,000 for each Film not accepted and all stock certificates placed in the escrow account referenced above shall be released to TEAM without further 3 Mr. David Black June 25, 1999 Page 3 obligation to FLI.
Delivery, Acceptance and Payment: During the 30 day period commencing on July 1, 1999 and ending on July 31, 1999 (the "Initial Delivery Period"), FLI shall have the obligation to provide TEAM with (1) documentation of title pursuant to Subparagraph 5 (a) below, and (2) access to Elements which meet the standards set forth in Subparagraph 5(b) below.
Subject to the terms of this Agreement, during the Initial Delivery Period, RPS will manufacture at the Manufacturing Site under cGMP, and CTI will purchase, [**] metric tons of commercial scale batches of Compound Subject to the terms of this Agreement, during each Calendar Year after the Initial Delivery Period, RPS will manufacture at the Manufacturing Site under cGMP, and CTI will purchase, the Annual Contract Volume.
During the period commencing August 1, 1999 and ending August 31, 1999 (the "Delivery Cure Period"), FLI shall provide TEAM with access to any additional Elements and title documents which (1) were not supplied by FLI during the Initial Delivery Period or (2) which would render a Film (which was rejected during the Initial Delivery Period) acceptable.