Amounts to be Paid. The City shall pay to the County, pursuant to this Agreement, half of the cost for salaries, benefits and operating expenses for the Warrant Control Office in an amount not to exceed $198,200.00. The City shall reimburse the County monthly upon receipt of an end-of-month report detailing personnel expenses incurred as further described above and below in Section 4A. The County shall maintain one cost center for the shared costs in its SAP system to include all costs. This cost center should not include County-only budget or costs. The City shall not be obligated to pay any payments, fees, expenses or compensation other than those authorized by this Section 4.
Amounts to be Paid. As a condition precedent to the removal of the General Partner, the Partnership shall pay all amounts payable by the Partnership to the General Partner pursuant to this Agreement accrued to the date of removal.
Amounts to be Paid. The Members acknowledge that the Closing Payment represents the aggregate amount payable to them hereunder at Closing after the payment of Debt and Transaction Expenses. The Members intend to allocate the entire Escrow Amount to the Initial Members and pay the Additional Members as if the Escrow Amount had been received by the Members at Closing, as more specifically described in Exhibit 3.3. For the avoidance of doubt, the Additional Members shall not be entitled to any payment hereunder other than their allocated portion of the Closing Payment, and it is the express intention of the parties not to pay any portion of the Escrow Amount or any Excess Amount to the Additional Members.
Amounts to be Paid. The City and County agree to share equally in the costs of the staff for the Warrant Control Office and operating expenses identified in Attachment A for the first year and then adjusted for subsequent years to reflect salary and benefits increases afforded to the Warrant Control Office clerks and operating expenses, same to be reflected in amendments to this Agreement. The City shall pay to the County pursuant to this Agreement, for the first year, an amount not exceed $182,516.00. The City shall reimburse the County monthly upon receipt of an end-of-month report detailing personnel expenses incurred as further described above and below in Section 4A. The County shall maintain one cost center for the shared costs in its SAP system to include all costs. This cost center should not include County-only budget or costs. The City shall not be obligated to pay any payments, fees, expenses or compensation other than those authorized by this Section 4.
Amounts to be Paid. The amount required to be paid to Infineon as full pay-off of all amounts due and to become due under the Debenture is US$1,696,553.42, ("Payoff Amount"), which represents the aggregate principal, and the amount of any future interest payments which would have become due if the Debenture were repaid on its Maturity Date. The Payoff Amount shall be paid to Infineon on the effective date of this Agreement by wire transfer of funds to the U.S. bank account designated by Infineon prior to the date of this Agreement.
Amounts to be Paid. The Partnership shall pay all amounts payable by the Partnership to the Managing Partner pursuant to this Agreement accrued to the date of resignation by or removal of the Managing Partner.
