Examples of NTP in a sentence

Further, if Buyer does not make the initial payment or provide the required Payment Security in a timely manner in accordance with the terms of this Agreement (a “Delayed NTP”), in addition to Honeywell’s right to terminate under Section 16(b) (Termination), Honeywell shall have the right to an equitable adjustment in pricing and/or any milestones or delivery date(s) as a result of such Delayed NTP, which shall be memorialized as a Change Order.

More Definitions of NTP

NTP has the meaning set forth in Section 5.2B.

NTP means the notice provided by Seller to the EPC Contractor following execution of the EPC Contract between Seller and such EPC Contractor and satisfaction of all conditions precedent to performance of such contract, by which Seller authorizes such EPC Contractor to commence and complete full performance of the work under the EPC Contract without any delay or waiting periods.

NTP means the Network Terminating Point(s) which is/are supplied, installed, maintained and owned by JT to enable the termination of any cables which are used to deliver a Service to the Premises.

NTP means Notice To Proceed i.e., letter to be given to Selected Bidder authorising for installation, operation & maintenance of the infrastructure installed by him for making use of the leased Optical Fiber(s) subsequent to signing of agreement pursuant to this RFP;