ACCOUNTS AND PAYMENT Sample Clauses

ACCOUNTS AND PAYMENT. 5.1 The Trustee undertakes that it shall have opened, prior to the Issue Date, and undertakes that it shall maintain in its name in London, the Transaction Account which account shall be non-interest bearing and operated by the Principal Paying Agent on behalf of the Trustee for the benefit and use of the Certificateholders. 5.2 The Trustee shall unconditionally cause to be deposited by wire transfer into the relevant Transaction Account by no later than 10.00 a.m. local time in the principal financial centre of the country of the Specified Currency: (a) on or before the Business Day preceding each Periodic Distribution Date, to the extent paid by the Services Agent pursuant to the Service Agency Agreement and (if applicable) the Master Murabaha Agreement or by the Guarantor pursuant to the relevant Trust Deed, an amount equal to the Periodic Distribution Amount due on that Periodic Distribution Date; (b) on the Business Day preceding the relevant Dissolution Date or any earlier date on which, all outstanding Certificates are redeemed in accordance with the Conditions, and to the extent paid by Majid Al Futtaim Properties pursuant to the Purchase Undertaking or the Trustee Sale and Purchase Undertaking, as the case may be, and (if applicable) the Master Murabaha Agreement or by the Guarantor pursuant to the relevant Trust Deed, all amounts paid to it by Majid Al Futtaim Properties pursuant to the Purchase Undertaking or the Trustee Sale and Purchase Undertaking, as the case may be, and (if applicable) the Master Murabaha Agreement or by the Guarantor pursuant to the relevant Trust Deed, as the case may be; and (c) on or before the Business Day preceding the relevant Certificateholder Put Option Date, Change of Control Put Option Date or Tangibility Event Put Option Date, as the case may be, an amount equal to the Optional Dissolution Amount (Certificateholder Put), Change of Control Dissolution Amount or Tangibility Event Dissolution Distribution Amount, respectively, specified in the applicable Exercise Notice delivered under the Purchase Undertaking. 5.3 The entity making the relevant payment shall procure that, before 1.00 p.m. (London time) on the third Business Day before each Periodic Distribution Date or the Dissolution Date, as the case may be, the bank effecting payment to the Transaction Account confirms by tested telex or authenticated SWIFT message to the Principal Paying Agent the irrevocable payment instructions relating to such payment. 5.4 ...
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ACCOUNTS AND PAYMENT. 5.1 The Trustee shall have opened, prior to the Issue Date, and shall maintain in its name a Transaction Account in relation to the Certificates which shall be operated by the Principal Paying Agent on behalf of the Trustee for the benefit and use of the Certificateholders. 5.2 The Trustee shall cause to be deposited into the Transaction Account by no later than
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ACCOUNTS AND PAYMENT. Client agrees to pay DataMine all charges incurred for the Products. DataMine shall invoice Client and payment shall be due upon Client’s receipt of such invoice. Client shall be responsible for payment of any and all sales and/or use taxes applicable to the Products. All payments shall be made in United States (“US”) currency.
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ACCOUNTS AND PAYMENT. 9.1 Unless otherwise agreed in writing the price of the Goods shall be paid in cash on or before delivery. 9.2 Where the Company agrees in its sole discretion to supply the Goods on credit, the Goods shall be paid for not later than thirty (30) days from the date of invoice. The Company reserves the right to close the account or withhold further supplies of the Goods if a Contracting Party fails to pay within the thirty (30) day period, without prejudice to any existing rights the Company may have in respect of any such unpaid invoice. 9.3 The Company reserves the right to charge compound interest on overdue invoices at 2% above the current Bank of Ireland rate (calculated from the date of invoice) which said right shall not be determined by the fact that the Company has subsequently or still is supplying Goods to the Contracting Party on credit. 9.4 All charges incurred by the Company in the recovery of overdue monies by means of a solicitor, authorised debt collector or the courts will be payable by the Contracting Party. 9.5 Any query concerning accounts should be notified, in accordance with Condition 6, failing which the Company will look for payment of all due invoices, with any queries being resolved at a later date. Where unresolved queries remain, the undisputed balance should be paid to avoid interest charges on overdue undisputed balances. 9.6 Extensions to the normal thirty (30) day credit terms may only be authorised in writing by a Company Director. 9.7 Where the Company has authorised the issue of a credit and re-invoice, the thirty (30) day credit terms apply to the original invoice date.
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ACCOUNTS AND PAYMENT. 14.01 From and after the occurrence of an Event of Default, all monies received by or on behalf of the Bank under and pursuant to one or more of the Security Documents or otherwise howsoever in connection with the Outstanding Indebtedness may be applied, in the following manner in such order as the Bank considers appropriate:- (i) in or towards satisfaction of all sums due hereunder and under the Security Documents other than principal of or interest on the Loan; (ii) in or towards satisfaction of interest accrued on the Loan; (iii) in or towards satisfaction of the Loan (whether or not then due and payable); (iv) in retention by the Bank of such sum as it considers appropriate by way of security for the Outstanding Indebtedness; and (v) the remainder, if any, in payment to the Borrower or such other person as may for the time being be entitled thereto. 14.02 The Bank will maintain a loan account showing the amount of the Loan and interest accrued thereon from time to time and other charges and expenses and all payments in respect thereof made by the Borrower from time to time pursuant to the terms of this Agreement. The loan account shall, in the absence of manifest error, be conclusive as to the amount from time to time due from the Borrower to the Bank in respect of the principal of, interest on and other charges in respect of the Loan. 14.03 If any sum payable under this Agreement or the Security Documents shall become due on a day which is not a Business Day, the due date in respect thereof shall be extended to the next succeeding Business Day, unless such Business Day falls in the next calendar month, in which event such due date shall be the immediately preceding Business Day. 14.04 Subject as provided in this Agreement all payments of principal or interest or other sums which may fall to be made under this Agreement shall be made to the Bank at its offices referred to in Clause 23 not later than 11.00 hours London time on the due date in Dollars for the credit of the loan account or accounts referred to in Clause 14.02 above and numbered 3427024.
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ACCOUNTS AND PAYMENT. 7.1. For clients who are individuals, payment is due at the end of the service. The invoice will be sent to the client prior to the service date. At the end of the service, the client should either show our technicians the PayNow or Bank Transfer proof of payment for the invoiced amount, or provide a cheque / cash for the amount specified on the invoice. Our technicians will take a photo of the payment as evidence they received it. 7.2. For clients who are corporations, payment is due within 15 days of the service. The invoice will be sent to the client prior to the service date. Payment shall be made through bank transfer or cheque addressed and mailed to Oasis Aircon Pte. Ltd. 7.3. In the event of upgrading service to package, another invoice will be sent to client and it’s due together with the first invoice. 7.4. Late payment fees will be charged at a rate of 1.5% per month. 7.5. For continued non-payment, Oasis Aircon Pte. Ltd. will undertake collection action, and the costs of collection will be borne by the Client.
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ACCOUNTS AND PAYMENT. ‌ 5.1 The Trustee shall have opened with the Principal Paying Agent, prior to the Issue Date of any Series, and shall maintain in its name, a separate Transaction Account in London in respect of each Series which shall be non-interest bearing and operated by the Principal Paying Agent on behalf of the Trustee for the benefit and use of the Certificateholders. 5.2 The Trustee shall unconditionally cause to be deposited by wire transfer into the relevant Transaction Account by no later than 10.00 a.m. (local time in the country of the Specified Currency in same day freely transferable, cleared funds): 5.2.1 on the date which is the Business Day immediately preceding each Periodic Distribution Date, to the extent paid by the Bank (acting in its relevant capacities) pursuant to the relevant Transaction Documents, an amount equal to the relevant Required Amount due with respect to each Series on the relevant Periodic Distribution Date;‌ 5.2.2 on the date which is the Business Day immediately preceding the relevant Dissolution Date (other than the Dissolution Event Redemption Date), to the extent paid by the Bank (acting in its relevant capacities) pursuant to the relevant Transaction Documents an amount equal to the relevant Dissolution Amount applicable to such Dissolution Date, as the case may be; and‌ 5.2.3 provided that a Dissolution Event has occurred, on the Dissolution Event Redemption Date, to the extent paid by the Bank (acting in its relevant capacities) pursuant to the relevant Transaction Documents.‌ 5.3 Subject to Clause 5.5 below, and in all cases in accordance with the Master Declaration of Trust, on each Periodic Distribution Date or on any Dissolution Date, or any earlier date specified for the dissolution of the Trust for each Series, the Principal Paying Agent shall apply‌ the monies standing to the credit of the relevant Transaction Account in accordance with Condition 6(b). 5.4 In respect of all Periodic Distribution Amounts and all Dissolution Amounts, the Paying Agent shall perform its obligations as set out in, and in accordance with, the Conditions. 5.5 The Principal Paying Agent shall apply each amount paid into the Transaction Account under this Clause 5 in accordance with the provisions of this Agreement and Condition 10 and shall not be obliged to repay any such amount unless in respect of any payment made pursuant to paragraphs (iii) and/or (iv) of Condition 6(b), the claim for the relevant payment becomes void under Condition 13, ...
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ACCOUNTS AND PAYMENT. Payment is due on the Completion Date and against presentation of an invoice by the Company or in accordance with clause 7.2 below. Payment may not be withheld as a result of a dispute between the Customer and the Company. Value-Added Tax (VAT) shall be payable on all Goods and Services as set out in the quotation. Any dispute which the Customer may have with regard to such invoice must be notified in writing by the Customer to the Company within 7 (seven) days of the date of such invoice in which event the entries of such invoice shall be conclusive evidence of the transaction and proof of the amount owing by the Customer. All amounts payable by the Customer shall be made to the Company free of deduction or set-off and shall be made by way of cash or electronic transfer into the Company’s Bank Account as set out in the invoice and in the manner prescribed therein. All outstanding amounts shall bear interest at a rate equivalent to the maximum permissible finance charge rate allowed from time to time in terms of the National Credit Act 34 of 2005. In the event of a breach by the Customer to fulfill any of its obligations in terms of this Agreement, including for the avoidance of doubt any payment due, and upon notice being provided to the Customer in terms of clause 13 all amounts owing by the Customer to the Company shall become immediately due and payable with effect from the date of such breach, without the obligation of the Company to give any prior written notice or demand to the Customer and the Customer shall forfeit all Discounts of whatsoever nature granted to it by the Company and the Company shall be entitled to invoice the Customer for the amounts that were subject to the Discount. The Company reserves the right to perform a credit check on the Debtor with one or more of the registered credit bureaus when assessing this application. The Company reserves the right to cancel the Debtor’s credit status with the Company should the Debtor not comply with the terms and conditions stipulated herein. The Company reserves the right, at its sole discretion, and without prior notice, to rescind the credit facilities as detailed hereunder, including but not limited to the following circumstances. upon ascertaining that any information supplied by the Debtor in the application form is false, and / or if the Debtor be liquidated / sequestrated, placed under judicial management or makes any offer of compromise, and / or if the Debtor fails to comply with any ...
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ACCOUNTS AND PAYMENT a) Advance Payments - At the time of approval of advertising and ---------------- promotions projects, the Client shall receive an invoice and pay the Agency fifty percent (50%) of all fees and charges for authorized work as an advance payment against such fees and charges. Agency will deduct such advance payments from final billing on projects.
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Related to ACCOUNTS AND PAYMENT

  • Disbursements and Payments Each disbursement by the Bank and each payment by the Borrower will be: (a) made at the Bank's branch (or other location) selected by the Bank from time to time; (b) made for the account of the Bank's branch selected by the Bank from time to time; (c) made in immediately available funds, or such other type of funds selected by the Bank; (d) evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.

  • Deposits and Payments A $1,500 per person deposit is required with your reservation. A second deposit in the amount of $2,500 is due 3/30/24. Final payment is due 5/10/24. All payments can be made by credit card or check.

  • Collection and Payment The Trustees shall have power to collect all property due to the Trust; to pay all claims, including taxes, against the Trust Property or the Trust, the Trustees or any officer, employee or agent of the Trust; to prosecute, defend, compromise or abandon any claims relating to the Trust Property or the Trust, or the Trustees or any officer, employee or agent of the Trust; to foreclose any security interest securing any obligations, by virtue of which any property is owed to the Trust; and to enter into releases, agreements and other instruments. Except to the extent required for a corporation formed under the Delaware General Corporation Law, the Shareholders shall have no power to vote as to whether or not a court action, legal proceeding or claim should or should not be brought or maintained derivatively or as a class action on behalf of the Trust or the Shareholders.

  • Costs and Payments During the period that Sprint PCS is curing a breach or operating the Service Area Network under this Section 11.6.3, Sprint PCS and Manager will continue to make any and all payments due to the other party and to third parties under this agreement, the Services Agreement and any other agreements to which such party is bound, except that Sprint PCS may deduct from its payments to Manager all reasonable costs and expenses incurred by Sprint PCS in connection with the exercise of its right under this Section 11.6.3. Sprint PCS' operation of the Service Area Network pursuant to this Section 11.6.3 is not a substitution for Manager's performance of its obligations under this agreement and does not relieve Manager of its other obligations under this agreement.

  • Statements and Payments The Fig Share and the Developer Royalty shall be paid by Developer and Fig, respectively, no later than thirty (30) days after the end of the calendar month in which the Gross Receipts are received by the applicable Party together with a statement detailing calculation of the Fig Share or the Developer Royalty, as applicable (including copies of payment statements from Distributors and calculation of any adjustment to reflect Third-Party Distributor terms as provided in the definition of Fig Share). Upon request, Distributor will provide Fig with access to real-time reporting posted or made available by any Distributor.

  • Additional Deposits and Payments (a) On the date specified in Section 3.6 hereof or Section 3.4 of the Purchase Agreement, as applicable, the Servicer and Santander Consumer, as applicable, will deposit into the Collection Account the aggregate Repurchase Price with respect to Repurchased Receivables purchased or repurchased by the Servicer or Santander Consumer, respectively, on such date, and on the Payment Date specified in Section 8.1, the Servicer will deposit into the Collection Account all amounts, if any, to be paid under Section 8.1. All such deposits with respect to any such date which is a Payment Date will be made, in immediately available funds by noon, New York City time, on the Business Day immediately preceding such Payment Date related to such Collection Period. (b) The Indenture Trustee will, on or before the Payment Date relating to each Collection Period, withdraw from the Reserve Account the Reserve Account Draw Amount and deposit such amounts in the Collection Account in accordance with the Servicer’s Certificate. (c) The Indenture Trustee will, on each Payment Date, withdraw from the Reserve Account (i) all investment earnings (net of investment losses and expenses on funds on deposit in the Reserve Account during the related Collection Period) and distribute such investment earnings to the Servicer and (ii) the Reserve Account Excess Amount, if any, for such Payment Date and deposit such amount in the Collection Account. (d) On the Closing Date the Seller will cause the amount available in the Reserve Account to equal the Initial Reserve Account Deposit Amount through a cash deposit from proceeds of the sale of the Notes. (e) On or prior to the third Business Day preceding each Determination Date, the Relevant Trustee shall send a written notice, or make such information available electronically, to the Servicer stating the amount of investment income earned, if any, during the related Collection Period on each Trust Account maintained at the Relevant Trustee.

  • Billings and Payments Billings and payments shall be sent to the addresses set out in Appendix F.

  • Expense Accrual and Payment Services (1) For each valuation date, calculate the expense accrual amounts as directed by the Trust as to methodology, rate or dollar amount. (2) Process and record payments for Fund expenses upon receipt of written authorization from the Trust. (3) Account for Fund expenditures and maintain expense accrual balances at the level of accounting detail, as agreed upon by USBFS and the Trust. (4) Provide expense accrual and payment reporting.

  • Invoices and Payments 5.5.1 The Contractor shall invoice the County only for providing the tasks, deliverables, goods, services, and other work specified in Exhibit A - Statement of Work and elsewhere hereunder. The Contractor shall prepare invoices, which shall include the charges owed to the Contractor by the County under the terms of this Contract. The Contractor’s payments shall be as provided in Exhibit B - Pricing Schedule, and the Contractor shall be paid only for the tasks, deliverables, goods, services, and other work approved in writing by the County. If the County does not approve work in writing no payment shall be due to the Contractor for that work. 5.5.2 The Contractor’s invoices shall be priced in accordance with Exhibit B - Pricing Schedule. 5.5.3 The Contractor’s invoices shall contain the information set forth in Exhibit A - Statement of Work describing the tasks, deliverables, goods, services, work hours, and facility and/or other work for which payment is claimed. 5.5.4 The Contractor shall submit the monthly invoices to the County by the 15th calendar day of the month following the month of service. 5.5.5 All invoices under this Contract shall be submitted to the County Project Manager in one (1) set to the following address: County of Los Angeles Chief Executive Office, Service Integration Branch 000 X. Xxxx Street, Fifth Floor Los Angeles, CA 90012 Attn: Xxxxxxx Xxxxxxxx 5.5.6 County Approval of Invoices

  • Calculation and Payment Interest on LIBOR Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof); and (iii) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof); and (iv) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise.

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