Examples of Overage Period in a sentence
It should also be noted that a contractual undertaking is also given by the Buyer not to enter into such transactions (subject to certain exceptions).- The Overage Period means the Termination Date referred to under the clawback provisions.- The threshold amount means the amount offered by the Buyer in its Form of Offer.- The Overage Percentage is the amount offered by the Buyer in its Form of Offer.
When is Overage payable?The liability to pay Overage arises upon the disposal of the constructed Units (which includes, amongst other matters freehold sale and leases) during the Overage Period.
The Company shall not be liable for any loss incurred by Users if they decide to dispose of the funds/crypto assets on the basis of a change in the list of Digital Assets.
The Charleston County Park and Recreation Commission (CCPRC) is seeking proposals from a qualified Design-Build Team to provide Master Plan, Design and Build a swimming complex in the Town of Hollywood as part of their rural recreation program.
The Developer covenants with the Council to bind the Surplus Property that during the Overage Period the Developer: will not make any Disposition without complying with the provisions of paragraph 1.2; and will not grant any rights or easements over the Surplus Property or enter into any restrictive covenants binding the Surplus Property which would or may prevent the development of the Property for the Surplus Property Development.
The Developer shall notify the Council in writing within 14 days of the Disposition of the final Unit within the Surplus Property (or (if earlier) the end of the Overage Period) of the Proceeds of Sale that it has received on all Dispositions which have been completed on an open book basis together with a schedule of any Units not Disposed of.
Planning Application: an application for Planning Permission submitted by or on behalf of the Transferee during the Overage Period.
The Transferee covenants with the Transferor not to make any Disposal at any time during the Overage Period without first procuring that the person to whom the Disposal is being made has executed a Deed of Covenant.
On each occasion that a Trigger Date occurs during the Overage Period, an Overage Payment shall immediately become due from the Transferee to the Transferor.
Overage Payment: payment terms If a Qualifying Permission is granted at any time during the Overage Period, an Overage Payment shall immediately become due from the Buyer to the Seller.