Examples of Utilisation in a sentence
What comprises a Utilisation Unit and the price of a Utilisation Unit shall be as provided for in the Meter Based/ Unit Based Utilisation Pricing Policy and any other applicable Cyferd Policy(ies) or other applicable documents forming part of the Agreement from time to time subject only to any special express terms in the applicable Order Form(s).
The Repeating Representations are deemed to be made by the Borrower to each Finance Party (by reference to the facts and circumstances then existing) on Financial Close, the date of each Utilisation Request, each Utilisation Date and the first day of each Interest Period.
In that regard such pricing is not Utilisation based but based on/ tied to the pricing of Utilisation Units.
An applicable Order Form could, for example, in this regard provide that the Premium Fees for a particular Premium Feature be “X Utilisation Units per month for the balance of the Term”.
No default or other adverse event No Event of Default and, on the Signing Date and the date of Financial Close, no Default is continuing or is reasonably likely to result from the making of any Utilisation or the entry into, the performance of, or any transaction contemplated by, any Transaction Document.