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Usage
Usage contract clause examples

Usage. Whenever applicable, the singular, when used in the Plan, will include the plural.

Share Usage. The Committee shall determine the method for calculating the number of Shares available for grant under the Plan, subject to the following:

Excess Usage. Tenant shall reimburse Landlord for the actual cost without markup of any excess water, sewer and chiller usage in the Premises. Excess usage shall mean the excess of the estimated usage in the Premises (per square foot of rentable area) during any three (3) month billing period over the average usage (per square foot of rentable area) during the same period for the entire Commercial/Garage Unit, as reasonably calculated by Landlord in good faith and with commercially reasonable documentation thereof provided to Tenant promptly upon Tenant’s written requests from time-to-time.

Target Usage; Termination for Non-Usage. While pursuant to Section 2.2, [[Organization C:Organization]] is not obligated to purchase, and [[Organization B:Organization]] is not obligated to sell, any Participation Interests, or any minimum amount of Participation Interests, [[Organization C:Organization]] and [[Organization B:Organization]] contemplate that [[Organization B:Organization]] shall sell, and [[Organization C:Organization]] shall purchase, Participation Interests such that, [[Organization C:Organization]]’s total Participation Interest for a calendar month shall equal or exceed the Target Usage Amount. Should for any calendar quarter, the total Participation Interest, on average for such calendar quarter, not equal or exceed the Target Usage Percentage, [[Organization C:Organization]] may elect to increase the Participation Interest Rate Floor or, pursuant to Section 5.2(b), terminate [[Organization B:Organization]]’s right hereunder to submit any Request to [[Organization C:Organization]] to purchase a Participation Interest.

Hazardous Materials Usage Neither [[Tenant:Organization]], nor [[Tenant:Organization]]’s employees, contractors and subcontractors of any tier, entities with a contractual relationship with [[Tenant:Organization]] (other than [[Landlord:Organization]]), or any entity acting as an agent or sub-agent of [[Tenant:Organization]], shall be entitled to produce, use, store, generate, transport or dispose of any Hazardous Materials on, in, or about any portion of the Premises, Building or the Project, nor cause or permit any Hazardous Materials to be brought upon, placed, stored, manufactured, generated, blended, handled, recycled, used or released on, in, under or about the Premises (herein referred to as “Hazardous Materials Usage”) which were not specifically listed on the Approved Hazardous Materials Exhibit, without, in each instance, obtaining [[Landlord:Organization]]’s prior written consent thereto, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that in the event [[Tenant:Organization]] desires to use, store or dispose of Hazardous Materials which are not similar to the Hazardous Materials specifically listed on the Approved Hazardous Materials Exhibit in terms of their hazardous character, handling profile, usage and quantity (“New Hazardous Materials Usage”), then [[Landlord:Organization]] shall have the right to impose additional terms and conditions on this Lease based upon the hazardous character, handling profile, use, storage and/or disposal of such New Hazardous Materials Usage, to the extent such additional terms and conditions are consistent with the requirements of landlords of comparable projects in the vicinity of the Project when leasing

Non-usage Fee. From and following the Closing Date to the date the Revolver Commitment expires or is otherwise terminated, Borrowers shall pay Bank a per annum non-usage fee in an amount equal to the Revolver Commitment Amount less # the actual daily balance of the sum of the Revolver Loans outstanding, multiplied by # fifty basis points (0.50%) (computed on the basis of a calendar year of 360 days but assessed for the actual number of days elapsed during each quarterly accrual period). Such fee is to be paid quarterly in arrears, commencing with the calendar quarter ending December 31, 2023, and payable within ten (10) days following Borrowers' receipt of a written invoice therefor reasonably detailing Bank's calculation thereof.

Restriction on Name Usage. At all times during the Term of this Agreement, and in perpetuity thereafter, [[Parties:Organization]] shall be prohibited from using any of the following trade names, or any combination(s) thereof, in any capacity, without the express written consent of [[Parties:Organization]] (provided, however, that [[Parties:Organization]] shall not be restricted from the following trade names with respect to the resale of the Products pre-marked or packaged by or on behalf of [[Parties:Organization]]):

Data Collection and Usage. The Corporation collects, processes and uses the Participant’s personal data, including, name, home address, email address and telephone number, date of birth, social insurance number, passport or other identification number, salary, citizenship, nationality, job title, any shares of stock or directorships held in the Corporation, and details of all awards, canceled, vested, or outstanding in the Participant’s favor, which the Corporation receives from the Participant or the Participant’s employer. If the Corporation offers the Participant the opportunity to participate in the Plan, then the Corporation will collect the Participant’s personal data for purposes of allocating stock and implementing, administering and managing the Plan. The Corporation’s legal basis for the processing of the Participant’s personal data would be the Participant’s consent.

Revolver Usage” means, as of any date of determination, the sum of # the principal amount of outstanding Revolving Loans (inclusive of Swing Loans and Protective Advances), plus # the amount of the Letter of Credit Usage.

with respect to such Defaulting [[Organization C:Organization]]’s Letter of Credit Usage shall be payable to the applicable Issuing Bank until and to the extent that such Letter of Credit Usage is reallocated and/or Cash Collateralized.

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