Standard Advance definition
Examples of Standard Advance in a sentence
A Standard Advance Payment for Class 1 kiwifruit of $2.45 per tray for Hayward Conventional count sizes 18-39 and $2.25 per tray for count size 42, $2.45 per tray for Hayward Organic, $3.30 per tray for Gold3, $2.80 per tray for Green14 and $3.30 per tray for RubyRed will be paid on each Friday up to the completion of harvest for packed and UFI Class 1 kiwifruit which has been received into the ZGL electronic inventory on or before midnight of the Sunday of the preceding week.
From this Standard Advance Payment the Grower authorises and directs the Registered Supplier to pay $1.75 Class 1 per tray for Hayward kiwifruit, $2.50 per Class 1 tray for Gold3 kiwifruit, $2.30 per Class 1 tray for Green14 kiwifruit and $2.50 per Class 1 tray for RubyRed to Trevelyan’s Pack and Cool Ltd as a payment on account of charges for packing, packing differential and cool storage of the Grower’s crop.
A Standard Advance Payment for Class 1 kiwifruit of $2.25 per tray for Hayward and $2.80 per tray for PVR kiwifruit will be paid on each Friday up to the completion of harvest for packed and UFI Class 1 kiwifruit which has been received into the ZGL electronic inventory on or before midnight of the Sunday of the preceding week.
The Disbursement Agent and the Bank Agent shall use reasonable efforts to review the Initial Standard Advance Date Deliverables and respond to the Company as soon as practicable after their receipt thereof.
Notwithstanding Paragraph 1.1 above, Advance Payments in respect of any Aircraft that is subjected to a Permitted Transaction will be made in accordance with the Standard Advance Payment Schedule.
The Company shall have certified in the Company’s Initial Standard Advance Certificate that such Construction Contracts and Trade Contracts satisfy the requirements of this Section 3.2.2 and are consistent with the Project Budget, the Project Schedule and the Plans and Specifications for the Four Seasons Macao Overall Project.
The Project Budget for the Four Seasons Macao Overall Project shall be reasonably satisfactory to the Bank Agent and to the Construction Consultant (as and to the extent certified to in the Construction Consultant’s Initial Standard Advance Date Certificate for such Project).
To the Company’s knowledge, the Project Schedule for each Active Project accurately specifies in summary form the work that the Company, the Construction Manager and each Contractor propose to complete in each calendar month from the Initial Standard Advance Date for such Project through the Final Completion Date for such Project, all of which is expected to be achieved.
The Company shall have certified in the Company’s Initial Standard Advance Certificate that such Construction Contracts and Trade Contracts satisfy the requirements of this Section 3.1.2 and are consistent with the Project Budget, the Project Schedule and the Plans and Specifications for such Projects.
A Standard Advance Payment for Class 1 kiwifruit of $ 2.25 per tray for Hayward and $2.80 per tray for PVR kiwifruit will be paid on each Friday up to the completion of harvest for packed and UFI Class 1 kiwifruit which has been received into the ZGL electronic inventory on or before midnight of the Sunday of the preceding week.