Advance Payment Option Sample Clauses

Advance Payment Option. At its option, and upon reasonable advance notice to Contractor, Owner may elect to pay Contractor in accordance with the following process: CONTRACT MINING AGREEMENT 5
Sample 1
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Advance Payment Option. (a) For each Parcel, the Seller shall have the right (the “Advance Payment Option”) to receive from the Buyer the Advance Provisional Payment. If the Seller wishes to exercise its Advance Payment Option for any Parcel, the Seller shall give a notice to the Buyer not later than 60 days prior to the first day of the Month of Notified Shipment for that Parcel. If the Seller fails to give such notice to the Buyer by such date, the Seller shall not be entitled to receive Advance Provisional Payment for such Parcel. (b) If the Seller exercises the Advance Payment Option on a particular shipment, interest on such advance payment shall be calculated from the Advance Provisional Payment Date through to the Provisional Payment Date, at a rate to be mutually agreed between the Buyer and the Seller which shall reflect the Buyer’s then prevailing cost of capital. Such interest due from the Seller to the Buyer shall be included in the Final Invoice. (c) Notwithstanding the foregoing Section 8.03(a), the Seller shall only be permitted to exercise the Advance Payment Option in respect of a Parcel after the Buyer has gone through its internal credit review. In addition, acceptance by the Buyer of the third-party warehouse where the Concentrates are stored at the Port of Loading, and agreement on documentation evidencing clean title transfer from the Seller to the Buyer shall be required prior to the Seller’s exercise of the Advance Payment Option.
Sample 1
Advance Payment Option. Instead of the revenue share option described above in sub-sections (i) and (ii), which is paid only after CMC’s collection of such revenues, You may choose the advance payment option by which You would receive 95% of Your Share by the 15th day of each month following the display of Your Content/Licensed Content/Advertising.
Sample 1
Advance Payment Option. (i) This Payment Option is available in connection with the Advantage 2, Advantage 5, Advantage 10 and Advantage 4 Sales Programs. (ii) If upon Delivery You select the Advance Payment Option and that Payment Option is available in connection with the Sales Program You have selected, or You are deemed to have selected the Advance Payment Option we will pay to You: (A) in respect of each Sales Program within 3 Business Days of Delivery an advance payment, being a payment in advance of a proportion of Distributions You will receive in respect of Grain Delivered by You, in the amount determined and Published by us (Advance Payment); (B) in respect of each Sales Program, subject to paragraph 7.1, a Monthly Distribution in respect of each Sales Month on or about the 15th day of the Month immediately following the Sales Month; (iii) Where you select or are deemed to select the Advance Payment Option You agree to pay the Advance Payment Fee.
Sample 1
Advance Payment Option. PROVIDER understands that PROVIDER will receive monthly payments in accordance with the rules of the Division Office of Early Learning. PROVIDER further understands that PROVIDER may elect to receive monthly advance payments based on the number of children enrolled in the PROVIDER’s VPK Program class(es) by checking the appropriate box for each program: □ PROVIDER elects to receive monthly advance payments for the school-year program and understands that advance payments will be reconciled and adjusted in accordance with the rules of the Division Department. □ PROVIDER elects not to receive monthly advance payments for the school-year program. or □ PROVIDER does not intend to offer the school-year program.
Sample 1
Advance Payment Option. Monthly advance payments are based on the number of children enrolled in your VPK class. The advance will be compared to submitted attendance, and adjusted up or down as needed. • Check the box to indicate if you do or do not want to receive advance payments.
Sample 1

Related to Advance Payment Option

  • Advance Payment The right to indemnification conferred in this Article VII shall include the right to be paid or reimbursed by the Company the reasonable expenses incurred by a Person of the type entitled to be indemnified under Section 7.3 who was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition of the Proceeding and without any determination as to the Person’s ultimate entitlement to indemnification; provided, however, that the payment of such expenses incurred by any such Person in advance of the final disposition of a Proceeding shall be made only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief that he has met the standard of conduct necessary for indemnification under Article VII and a written undertaking, by or on behalf of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is not entitled to be indemnified under this Article VII or otherwise.

  • Termination; Advance Payments Upon termination of this Lease pursuant to Paragraph 6.2(g) or Paragraph 9, an equitable adjustment shall be made concerning advance Base Rent and any other advance payments made by Lessee to Lessor. Lessor shall, in addition, return to Lessee so much of Lessee's Security Deposit as has not been, or is not then required to be, used by Lessor.

  • Advance Payments The Employer agrees to issue advance payments of estimated net salary for vacation periods of two (2) or more complete weeks, providing a written request for such advance payment is received from the employee at least six (6) weeks prior to the last pay before the employee’s vacation period commences, and providing the employee has been authorized to proceed on vacation leave for the period concerned. Pay in advance of going on vacation shall be made prior to departure. Any overpayment in respect of such pay advances shall be an immediate first charge against any subsequent pay entitlement and shall be recovered in full prior to any further payment of salary.

  • NO ADVANCE PAYMENT No advance payments shall be made for any products or services furnished by Contractor pursuant to this Master Contract.

  • Payment Options The exercise price shall be paid by one or any combination of the following forms of payment that are applicable to this option, as indicated on the cover page hereof: (i) by check payable to the order of the Company; or (ii) delivery of an irrevocable and unconditional undertaking, satisfactory in form and substance to the Company, by a creditworthy broker to deliver promptly to the Company sufficient funds to pay the exercise price, or delivery by the Optionee to the Company of a copy of irrevocable and unconditional instructions, satisfactory in form and substance to the Company, to a creditworthy broker to deliver promptly to the Company cash or a check sufficient to pay the exercise price; or (iii) subject to Section 7(b) below, if the Common Stock is then traded on a national securities exchange or on the Nasdaq National Market (or successor trading system), by delivery of shares of Common Stock having a fair market value equal as of the date of exercise to the option price. In the case of (iii) above, fair market value as of the date of exercise shall be determined as of the last business day for which such prices or quotes are available prior to the date of exercise and shall mean (i) the last reported sale price (on that date) of the Common Stock on the principal national securities exchange on which the Common Stock is traded, if the Common Stock is then traded on a national securities exchange; or (ii) the last reported sale price (on that date) of the Common Stock on the Nasdaq National Market (or successor trading system), if the Common Stock is not then traded on a national securities exchange.

  • Reimbursement Option Provided that the Recipient satisfies the terms and conditions of this Agreement, the Recipient may elect to receive Fund proceeds for land acquisition directly from the OPWC after Closing. After Closing, which Closing shall not occur until the Recipient's submission of the Request to Proceed and the Recipient's receipt of the Notice to Proceed, the Recipient may submit a Disbursement Request to the OPWC for reimbursement of acquisition and other eligible costs. The Recipient shall attach to the Disbursement Request a copy of: (i) the executed and recorded deed, or such other instrument conveying the interest approved by the Director, with respect to the Land acquired by the Recipient, (ii) a copy of the recorded Deed Restrictions, (iii) a copy of the executed settlement statement, (iv) certification, or other documentation acceptable to the Director from the Title Agent that the Recipient has marketable title in and to the Land, and (v) such other documentation required by the OPWC. After receipt of such documentation, and subject to Recipient's compliance with the terms and conditions of this Agreement, the OPWC shall disburse Funds payable under this Agreement.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • PRE-PAYMENT The Tenant shall: (check one)

  • Lump Sum Severance Payment Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated Bonus, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

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