Delivery Commitments Clause Samples
The Delivery Commitments clause defines the obligations and timelines for delivering goods, services, or deliverables under a contract. It typically specifies when and how delivery must occur, outlines any conditions or milestones that must be met, and may address consequences for delays or failures to deliver. This clause ensures both parties have a clear understanding of delivery expectations, helping to prevent disputes and manage performance by holding parties accountable to agreed schedules.
Delivery Commitments. (a) As provided in the Guides, the MPF Provider’s Service Center will publish Rate and Fee Schedules for Agency Loans and Closed Loans not purchased in bulk transactions. Rate and Fee Schedules for Closed Loans purchased in bulk transactions may be calculated by the MPF Provider separately for each Delivery Commitment. Rate and Fee Schedules are subject to change as provided for in the Guides. The Boston Bank PFIs will contact the Service Center to obtain and fill Delivery Commitments. The Service Center will provide reports and loan data transmissions concerning all Delivery Commitment activities of the Boston Bank PFIs to the Boston Bank at the times and in the manner provided in the FHLB Guide. The funding and purchasing of Program Loans will be processed through a PFI’s DDA Account with the Boston Bank. The Service Center shall compute any Pairoff Fees that are owed to the Boston Bank by any PFI and will report these amounts to the Boston Bank. The Boston Bank shall be responsible for collecting Pairoff Fees from its PFIs and disbursing the same to itself and its participants (including the MPF Provider), as applicable.
(i) At any time when outstanding Program Loans funded or purchased pursuant to this Agreement (regardless of the issuance of any participation interests therein) are less than One Billion Dollars ($1,000,000,000), the Boston Bank shall have the right to identify Designated Delivery Commitments by giving a Liquidity Option Notice to the MPF Provider. Pursuant to the issuance of such Liquidity Option Notice, the MPF Provider hereby agrees to acquire a 100% participation in the Program Loans funded or purchased under any Delivery Commitments requested by the Boston Bank’s PFIs, such Delivery Commitments shall be issued as Designated Delivery Commitments.
(ii) If outstanding Program Loans funded or purchased pursuant to this Agreement (regardless of the issuance of any participation interests therein) equal or exceed One Billion Dollars ($1,000,000,000), the MPF Provider may, at its sole discretion either accept in writing a Liquidity Option Notice from the Boston Bank and acquire a 100% participation in such Designated Delivery Commitments, or advise the Boston Bank that it elects to treat the Liquidity Option Notice as the Boston Bank’s election not to issue any Delivery Commitments for the remainder of that Business Day. In such later case, the MPF Provider shall cancel all prices published on behalf of the Boston Bank until the next Bus...
Delivery Commitments. (a) As provided in the Guides, the MPF Service Center will publish Rate and Fee Schedules for each MPF Bank’s PFIs employing the prices set by such MPF Bank. Rate and Fee Schedules are subject to change as provided for in the Guides. Delivery Commitments will be managed as specified in the Guides and the FHLB Guide.
Delivery Commitments. The MPF Provider’s Service Center will publish Rate and Fee Schedules for Agency Loans as provided for in the Guides which will be made available to the Pittsburgh Bank and its PFIs. Rate and Fee Schedules for Closed Loans shall be calculated by the MPF Provider for each Delivery Commitment when the Mortgage Loans have been analyzed and a settlement date has been agreed upon by the Pittsburgh Bank and its PFI and communicated to the MPF Provider. Rate and Fee Schedules are subject to change as provided for in the Guides. The Pittsburgh Bank’s PFIs will contact the Service Center to obtain and fill Delivery Commitments. The Service Center will provide regular reports of all Delivery Commitment activities of the Pittsburgh Bank’s PFIs to the Pittsburgh Bank, either electronically or by facsimile, including, without limitation, all requests for funding of individual Mortgage Loans made by Pittsburgh Bank’s PFIs. The Pittsburgh Bank shall fund all Mortgage Loans originated by its PFIs in accordance with the requirements of the Guides. The Service Center will compute any Pairoff Fees (defined in the Guides) that are owed to the Pittsburgh Bank and will report these amounts to the Pittsburgh Bank. The Pittsburgh Bank shall be responsible for collecting Pairoff Fees from its PFIs.
Delivery Commitments. 5.1 Delivery commitments are entered into in good faith but are not guaranteed, and the Offeror shall not be liable for any loss or damage occasioned by failure to deliver on the specified date howsoever caused. Nor shall failure be deemed to be a breach of the Contract, or any of its conditions, or part thereof.
Delivery Commitments. Toshiba will deliver Wafers to the carrier for -------------------- shipment, (i) within two days plus the Fabrication Cycle Time from the date of purchase order for Prototype Production, and (ii) within three days plus the Fabrication Cycle Time from the date of purchase order for Volume Production, unless NMI requests a longer period. Toshiba will use reasonable efforts to distribute the manufacture of Wafers evenly throughout each month (i.e., start and complete Wafers linearly). Upon NMI's reasonable request, Toshiba will hold Products during their manufacture in [*] Confidential Treatment Requested accordance with terms to be agreed upon by the parties. If Wafers are held by NMI during manufacture, Toshiba will not be bound by the foregoing delivery commitments.
Delivery Commitments. (a) As provided in the Guides, the Service Center will publish Rate and Fee Schedules for Bank Funded Loans and Closed Loans. Rate and Fee Schedules are subject to change as provided for in the Guides. The Pittsburgh Bank PFIs will contact the Service Center to obtain and fill Delivery Commitments. The Service Center will provide reports and loan data transmissions concerning all Delivery Commitment activities of the Pittsburgh Bank PFIs to the Pittsburgh Bank at the times and in the manner provided in the FHLB Guide. The funding and purchasing of Program Loans will be processed through a PFI’s DDA with the Pittsburgh Bank. The Service Center shall compute any Pairoff Fees (or any similar fees) that are owed to the Pittsburgh Bank by any PFI and will report these amounts to the Pittsburgh Bank. The Pittsburgh Bank shall be responsible for collecting Pairoff Fees (or any similar fees) from its PFIs and disbursing the same to itself and its Participants (including the MPF Provider), as applicable.
(b) On any Business Day, the Pittsburgh Bank may give a Liquidity Option Notice to the MPF Provider as provided for in the FHLB Guide. Upon receipt, the MPF Provider shall set the MPF Program system so that no Delivery Commitments will be issued to the Pittsburgh Bank’s PFIs until the next Business Day.
Delivery Commitments. Dates For turnkey builds Concisys, LLC is dependent on raw material suppliers to perform and deliver on time. From time to time, on rare occasions, raw material deliveries are delayed. Concisys, LLC will not be liable whatsoever for late deliveries of finished product to customers for items that are out of their control (i.e. late material delivery of suppliers), acts of God, or natural disasters.
Delivery Commitments. Siemens will deliver Wafers to the carrier for shipment, (i) within three (3) days plus the Fabrication Cycle Time from the date of purchase order for Prototype Production, and (ii) within one (1) week plus the Fabrication Cycle Time from the date of purchase order for Volume Production, unless NMI requests a longer period. Siemens will use reasonable efforts to distribute the manufacture of Wafers evenly throughout each month (i.e., start and complete Wafers linearly). Upon NMI's reasonable request, Siemens will hold Products during their manufacture in accordance with terms to be agreed upon by the parties. If Wafers are held by NMI during manufacture, the foregoing delivery commitments will be extended by the number of days that the Wafers are held.
Delivery Commitments. STATS will deliver products to the carrier for shipment, within one (1) day. Upon Centillium request, STATS will halt production during manufacture, the foregoing delivery commitments will be extended by the number of days that the products are held.
Delivery Commitments. Dates For turnkey builds XLR8 is dependent on raw material suppliers to perform and deliver on time. From time to time, on rare occasions, raw material deliveries are delayed. XLR8 will not be liable whatsoever for late deliveries of finished product to customers for items that are out of their control (i.e. late material delivery of suppliers), acts of God, or natural disasters.