Examples of Threshold Notice in a sentence
Upon issuance of the Threshold Notice, Company shall suspend performance of the Company Work pending Company’s receipt of a Notice to Proceed (as defined below).
Following Customer’s receipt of the Threshold Notice, Company and Customer shall consult and Customer shall determine whether it wishes to (a) deliver an unconditional written direction to Company to complete the Company Work (“Notice to Proceed”) or (b) terminate this Agreement for convenience by delivering a written notice thereof to Company (“Convenience Termination Notice”).
The hospitals, which were institutions concerned with public health, were the first to be established.
Following Developer’s receipt of the Threshold Notice, Company and Developer shall consult and Developer shall determine whether it wishes to (a) deliver an unconditional written direction to Company to continue performance of the Company Work (“Notice to Proceed”) or (b) terminate this Agreement for convenience by delivering a written notice thereof to Company (“Convenience Termination Notice”).
Any amount paid pursuant to a Threshold Notice shall be credited towards amounts due under an invoice to be issued for the Billing Period or if such invoice has already been issued, towards the payment for such invoice.
In the event that Developer does not deliver either a Notice to Proceed or a Convenience Termination Notice on or before ninety (90) Days following the date of the Threshold Notice, this Agreement, at Company’s election, shall be deemed terminated for convenience by Developer.
Following such Reporting Threshold Notice, the Depositor shall direct the Swap Counterparty to transfer its rights and obligation under the Swap Agreement to a Replacement Swap Counterparty (as defined in the Swap Agreement) (which may be an affiliate of the Swap Counterparty) that would not be a Disqualified Swap Counterparty, such transfer to be effected prior to the next Distribution Date.
The initial Threshold Notice must be filed within twenty-four hours of reaching or exceeding this threshold.
Upon our notification to you of this occurrence, you agree to be bound by the Merchant Services Agreement for Sub-merchants set forth in Exhibit A to this MMA (“Sub-merchant Agreement”) as if you had executed the Sub-merchant Agreement as of the date of our Threshold Notice.
USTR Threshold Notice, supra note 10; see also Annex 13A of the U.S.-Singapore Free Trade Agreement, available at [http://www.ustr.gov/new/fta/Singapore/final/text% 20final.pdf.]; Annex 9.1, Sec.