Warranty Compensation definition

Warranty Compensation has the meaning given such term in Section 4.5(d).
View Source
Warranty Compensation means the amounts determined to be payable to Company in accordance with Clause 21.1 and Part C of Schedule 2.
View Source
Warranty Compensation means the amounts determined to be payable to CPC in accordance with Clause 17.1 and Part C of Schedule 2.
View Source

Examples of Warranty Compensation in a sentence

  • Payment of the Warranty Compensation shall be made in accordance with the terms of Article II governing payment of the Purchase Price.

  • If the FSRU’s War Risks insurers require Owner to move the FSRU to a safe place or berth in accordance with the terms of its War Risks policy, Owner shall be permitted to comply with such instructions, and to bring the FSRU back to the Mooring and resume operations under this agreement as soon as reasonably practicable, and the FSRU shall be On-Hire and no Warranty Compensation shall be payable during such time.

  • Owner shall pay any Warranty Compensation due to Company under Clause 21, in respect of all but the last Performance Period, by deduction from amounts due pursuant to the next following Monthly Invoice, and with respect to the last Performance Period, within ***** Banking Days after being invoiced by Company therefor by payment to such account as Company shall designate.

  • The aggregate of sums payable by Owner under sections 1(a), (b), (e), and (f) in respect of any day shall not in aggregate exceed the Warranty Compensation Cap.

  • This foundation is the basis upon which students are impelled to: • Bring honor to ancestors • Seek and attain knowledge to sustain family • Contribute to the well-being and flourishing of the Hawaiian language and culture; and • Contribute to the quality of life in Hawaiʻi.

  • OUFRWCm  {(0.19PD  PRLNG  RFSRU )* DERFRh  AARFRh )* 24 } h1   Where: OUFRWCm Off-Use Flow Rate Warranty Compensation payable by the company to CPC during a month.

  • If the Pipeline System’s War Risks insurers require Pipeline Company to take precautionary or other steps in accordance with the terms of its War Risks policy, Pipeline Company shall be permitted to comply with such instructions, and to restart the Pipeline System and resume operations under this PS Agreement as soon as reasonably practicable, and the Pipeline System shall be Off-Use and no Off-use charge or Warranty Compensation shall be payable during such time.

  • Delivery Point Refer Schedule 2 - FSRU&M Performance Criteria and Warranty Compensation - Item 1 (a) The Mooring will be capable of permitting the FSRU to be permanently moored at the Mooring during the Lease Period.

  • The Warranty Compensation is designed, and the parties hereto understand and agree that it is designed, as the sole and exclusive method to compensate ▇▇▇▇▇▇ for its costs and materials reasonably expected to be used in ▇▇▇▇▇▇'▇ service activities during the applicable warranty periods.

  • VENDOR'S sole obligation with regards to warranties of each and every kind or nature shall be fulfilled when the Warranty Compensation as set forth in Appendix F, is paid or credited to ▇▇▇▇▇▇ by VENDOR.