Examples of Offset Notice in a sentence
Lessor shall invoice Lessee monthly commencing in the month following the date of the Offset Notice.
Each Affected Contract Offset Notice shall (i) identify the Affected Contract and the customer thereto (ii) contain a brief description of the reason given by such customer for refusing to consent to the transfer of such Affected Contract to the applicable Buyer, (iii) state the Affected Contract Offset Amount that will be reflected by a Note Offset.
Upon receipt of the Offset Notice City shall have up to one hundred twenty (120) days to either (1) maintain the commitment with the understanding that the value shall be offset from Franchise Fees; (2) relieve Grantee from the commitment obligation under the Franchise; or (3) pay for the services rendered pursuant to the commitment in accordance with Grantee’s regular and nondiscriminatory term and conditions.
The Offset Notice shall document the proposed offset or service charges so that the City can make an informed decision as to its course of action.