Ad Hoc Payment Sample Clauses

An Ad Hoc Payment clause allows for payments to be made outside of the regular or scheduled payment terms, typically in response to specific, unforeseen, or one-time circumstances. This clause enables one party to request or require a payment that is not part of the standard invoicing cycle, such as for additional services, emergency expenses, or adjustments due to changes in scope. Its core practical function is to provide flexibility in financial arrangements, ensuring that unique or unexpected costs can be addressed promptly without waiting for the next regular payment period.
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Ad Hoc Payment. The Parties acknowledge that in order to provide the Management Services under this Agreement, Party B may incur expenses and costs from time to time, and the Parties further agree that Party B may request an ad hoc payment every calendar quarter and such payment may be credited against Party A’s future payment obligations of the Management Services Fee.
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Ad Hoc Payment. The Parties acknowledge that in order to provide the Management Services under this Agreement, CETL may incur expenses and costs from time to time, and the Parties further agree that CETL may request an ad hoc payment every calendar quarter and such payment may be credited against HEZL’s future payment obligations of the Management Services Fee.
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Ad Hoc Payment. The Parties acknowledge that in order to provide the Management Services under this Agreement, DSHK may incur expenses and costs from time to time, and the Parties further agree that DSHK may request an ad hoc payment every calendar quarter and such payment may be credited against DSBT’s future payment obligations of the Management Services Fee.
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Ad Hoc Payment. The Parties acknowledge that in order to provide the Management Services under this Agreement, YIBL may incur expenses and costs from time to time, and the Parties further agree that YIBL may request an ad hoc payment every calendar quarter and such payment may be credited against JYBL’s future payment obligations of the Management Services Fee.
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Related to Ad Hoc Payment

  • Interim payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ➢ an interim technical report in accordance with the instructions laid down in ▇▇▇▇▇ ▇; ➢ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • Non-Refundable Payments If the Seller accepts non-refundable payment(s) from a prospective Buyer through a purchase contract, and said ▇▇▇▇▇ does not complete the purchase of the Property, such non-refundable payment(s) shall be distributed equally between the Seller and the Agency up to the commission amount the Agency would have collected if the Property had sold under the agreed upon terms. If the Property is sold afterward to the same or different Buyer, the Agency shall be entitled to a Commission less payments received under this Section.

  • Upfront Payment Upon the execution of this Agreement, the Lessee shall pay to the Lessor the following: (check one) ☐ - First Month’s Rent of: [AMOUNT (IN WORDS)] Dollars ($[AMOUNT (AS A NUMBER)]) ☐ - Last Month’s Rent of: [AMOUNT (IN WORDS)] Dollars ($[AMOUNT (AS A NUMBER)]) ☐ - Security Deposit of: [AMOUNT (IN WORDS)] Dollars ($[AMOUNT (AS A NUMBER)]) POSSESSION. Possession shall commence on [MM/DD/YYYY], unless otherwise agreed upon. The Lessor shall use due diligence to give possession as nearly as possible at the beginning of the Term. The Rent shall be prorated in consideration of any delay in providing possession, but the Term shall not be extended as a result of such delay. The Lessee shall make no other claim against the Lessor for the delay in obtaining possession of the Premises.

  • EXPENSE PAYMENTS The Owner hereby gives power to the Agent to pay expenses and costs for the Property from the Owner’s funds held by the Agent, unless otherwise directed by the Owner. The expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, association or condominium dues, assessments, loan payments, and insurance premiums.

  • Returned Payment Fee If your account is subject to a Returned Payment Fee, the fee will be charged to your account when a payment is returned for any reason.