Seller’s Scheduled Notices of Availability Clause Samples

The Seller’s Scheduled Notices of Availability clause requires the seller to provide advance notifications to the buyer regarding when goods or services will be available for delivery or performance. Typically, this involves the seller sending periodic or scheduled notices that specify dates, quantities, or other relevant details about upcoming availability. This clause ensures that the buyer can plan accordingly, coordinate logistics, and avoid disruptions, thereby promoting transparency and efficient scheduling in the transaction.
Seller’s Scheduled Notices of Availability. Each day, between the hours of 12:01 a.m. and 5 a.m., commencing one week prior to the Expected Initial Delivery Date and continuing thereafter throughout the Services Term, Seller shall provide Buyer a complete and accurate Notice of the expected availability and Capacity of each Unit (as reasonably determined at that time) for that day and each of the next 13 days or such shorter period as the Buyer may specify from time to time, setting forth therein the percentage of, or the amount of, per Buyer’s specification, the Monthly Contract Capacity of the Units that is expected to be available for Scheduled Operations and a disclosure of the existence and expected duration of any Outage or any Instructed Operation, the amount of Capacity affected by such Outage and the nature and effect of the Instructed Operation on each Unit’s availability, regardless of whether or the extent to which a Unit is then or may be scheduled for dispatch; provided that such information shall be provided only for days that are part of the Services Term. Additionally, each month, commencing one month prior to the Expected Initial Delivery Date and continuing thereafter throughout the Services Term (at such time of month as agreed to by the Parties from time to time), Seller shall provide Buyer a complete and accurate Notice of the expected availability and Capacity of each Unit for the next calendar month (as reasonably determined at the time), setting forth therein the percentage of the Monthly Contract Capacity that is expected to be available for Scheduled Operations and a disclosure of the existence and expected duration of any Outages, and the amount of Capacity affected by such Outage. The Notices required pursuant to this Section 3.5(b)(i) shall be provided in the forms attached as Appendix III and referred to as “Scheduled Availability Notices.”
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Related to Seller’s Scheduled Notices of Availability

  • Collection Notices The Program Agent (acting with the consent or at the direction of the Required Committed Investors) is authorized at any time when an Amortization Event exists or a Collection Notice Event has occurred and is continuing, to date and to deliver to the Collection Banks the Collection Notices and thereafter to make transfers and payments from Blocked Accounts and the Collection Account in lieu of Servicer in accordance with Article II of this Agreement. In making any such transfers and payments, the Program Agent shall be entitled to rely on the periodic reports provided by Servicer hereunder and upon notices from any Managing Agent and any Investor with respect to amounts payable to such Managing Agent (or members of its Investor Group) or to such Investor and upon the Program Agent’s records with respect to payments to be made to the Program Agent, any Managing Agent and any Investor and shall be fully protected in acting thereon; provided that if the Program Agent determines in good faith that it does not have sufficient information to determine amounts transferable or payable from Blocked Accounts and the Collection Account hereunder or has conflicting information with respect thereto, the Program Agent shall be entitled, but shall not be required, to transfer such amounts to, or to retain such amounts in, the Collection Account pending its receipt of further information satisfactory to it. Seller hereby transfers to the Program Agent for the benefit of the Investors, effective when the Program Agent delivers any such notice, the exclusive ownership and control of the applicable Blocked Account and control of the applicable Lock-Box. In case any authorized signatory of Seller whose signature appears on a Blocked Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. Seller hereby authorizes the Program Agent, and agrees that the Program Agent shall be entitled, when an Amortization Event exists or a Collection Notice Event has occurred and is continuing, to (A) endorse Seller’s name on checks and other instruments representing Collections, (B) enforce the Receivables, the related Contracts and the Related Security and (C) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Program Agent rather than Seller.

  • Notices of Borrowing The Administrative Agent shall have received a Notice of Borrowing in connection with any such request for extension of credit which complies with the requirements hereof.

  • Processing Redemption Requests You shall not purchase any share of any of the Funds from a record holder at a price lower than the net asset value next determined by or for the Funds’ shares. You shall, however, be permitted to sell any shares for the account of a shareholder of the Funds at the net asset value currently quoted by or for the Funds’ shares, and may charge a fair service fee for handling the transaction provided you disclose the fee to the record owner.

  • Notices of Material Events The Borrower will furnish to the Administrative Agent and each Lender prompt written notice of the following: (a) the occurrence of any Default; (b) the filing or commencement of, or the threat in writing of, any action, suit, proceeding, investigation or arbitration by or before any arbitrator or Governmental Authority against or affecting the Borrower or any Affiliate thereof not previously disclosed in writing to the Lenders or any material adverse development in any action, suit, proceeding, investigation or arbitration (whether or not previously disclosed to the Lenders) that, in either case, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and (c) any other development that results in, or could reasonably be expected to result in, a Material Adverse Effect. Each notice delivered under this Section 8.02 shall be accompanied by a statement of a Responsible Officer setting forth the details of the event or development requiring such notice and any action taken or proposed to be taken with respect thereto.

  • Advance Notice of Layoff Unless legislation is more favourable to the Employees, the Employer shall notify Employees who are laid off with a written notice thirty (30) calendar days prior to the effective date of layoff. If the Employee has not had the opportunity to work the days as provided in this Article, they shall be paid for the days for which work was not made available.