Agency; Payments Sample Clauses

Agency; Payments. Except for the employment, supervision and discharge of personnel in connection with the maintenance and operation of the Properties, who shall be employees of Manager and not of Company (although all costs with respect to such employees shall, to the extent allocable to the Properties, be deemed costs of the Properties), all action taken by Manager pursuant to the provisions of this Agreement shall be done as agent of Company and obligations or expenses incurred thereunder shall be for the account, on behalf and at the expense of Company, but any such actions may be taken or made either in Company’s name or Manager’s name. Any payments to be made by Manager hereunder shall be made out of such funds as are available from rentals and other collections from the Properties and such other monies as may be provided by Company. In the event anticipated disbursements for Properties expenses and Company management shall in any month be in excess of the anticipated revenues, Company agrees to advance sufficient funds to meet the obligations (including all costs with respect to the employees of the Properties described in Article II(A)(1) hereof, including Affiliates, the Management Fee, reimbursement of expenses described in Article III(A) hereof,) within fifteen (15) days after Manager’s request. Manager shall not be obligated to make any advance to or for the account of Company or to pay any sum contemplated by this Agreement except out of funds held by Manager on behalf of Company or out of funds provided by Company to Manager, nor shall Manager be obligated to incur any liability of or for the account of Company without assurance or proof from Company that the necessary funds for the discharge thereof will be provided promptly.
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Agency; Payments. During the term of this Agreement, upon Customer identifying to Licensor a qualified prospect that subsequently becomes a new customer of Licensor within one year of such identification, Licensor shall pay to Customer fifteen percent (15%) of all revenue received by Licensor until the end of the first year of revenue receipts for such new customer (the "Agency Payment"). The first year of revenue receipts shall be the time period beginning on the date when Licensor signs an agreement with such new customer, and ending on the first anniversary of such date.
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Agency; Payments. Agency agrees to payments based on actual energy savings not to exceed the payment amortization schedule as set forth in Schedule D (Deliverables and Compensation to Company), or Schedule L (Financing Agreement), if applicable. Thirty days after the Agency formally accepts the installed equipment according to Sec. 3.1, and has received from the Company certificates of title and the Certificate of Acceptance, the Company can submit its first monthly invoice. Agency shall pay Company within the time limits established in Section 489.145(5)(f), Florida Statutes, as set forth in Schedule D (Deliverables and Compensation to Company), or pay the Lender pursuant to Schedule L (Financing Agreement), if applicable. All other payment and contract provisions of Section 287.058 (1), Florida Statutes, are incorporated herein by reference. In the event Agency fails to make payment within forty (40) days of the due date, Agency shall pay as late charges any interest assessed for untimely payment. The interest rate will be the rate set pursuant to Section 55.03, Florida Statutes. Agency shall not be required to begin any payments to Company under this Contract unless and until all equipment installation is completed by Company and accepted by Agency as evidenced by the signed Certificate of Acceptance ? Installed Equipment as set forth in Exhibit II (ii). Agency shall pay Company pursuant to Section 215.422, Florida Statutes. At least one twentieth of the price must be paid within two years from the date of complete installation and acceptance (Commencement Date) by the state, that the remaining costs are to be paid at least quarterly, not to exceed a 20 year term, based on life cycle cost calculations and that the savings are guaranteed to the extent necessary to make payments for the systems.
Sample 1
Agency; Payments. Sendroff & Baruch, LLP is hereby irrevocably appointed by Director/Choreographer as Director/Choreographer's exclusive representative in connection with any and all productions of the Play and hereby directs Producer or any third-party to pay all advances, fees, royalties and any other sums due Director/Choreographer hereunder (except for per diems and reimbursements of expenses) as follows: 90% in the name of and to Xxxxxx Xxxxxxx Dodge, 00 Xxxx 00xx Xxxxxx, Xxx 00, Xxx Xxxx, XX 00000 and 10% in the name of and to Sendroff and Baruch, LLP, 0000 Xxxxxxxx, Xxxxx 0000, Xxx Xxxx, XX 00000.
Sample 1
Agency; Payments. If either Agent is obliged by law or any regulatory action or decision to make any deduction or withholding from any payment to any of the Lenders (an "agency payment") which represents an amount or amounts received by such Agent from the Borrower under the Security Documents, the Borrower shall pay directly to the relative Lender such sum (an "agency compensating sum") as will, after taking into account any deduction or withholding which the Borrower is obliged to make from the agency compensating sum, enable such Lender to receive, on the due date for payment of the agency payment, an amount equal to the agency payment which such Lender would have received in the absence of any obligation to make any deduction or withholding.
Sample 1
Agency; Payments. All payments to Seller hereunder shall be made to Hollywood Hopeful, in care of Wonderful Agency, Inc., Attention: Wonderful Agent. Seller hereby authorizes Purchaser to make all such payments as aforesaid.
Sample 1

Related to Agency; Payments

  • Delay of Payment when Payment Date is Not a Business Day If the due date for a payment on a Note as provided in this Indenture is not a Business Day, then, notwithstanding anything to the contrary in this Indenture or the Notes, such payment may be made on the immediately following Business Day and no interest will accrue on such payment as a result of the related delay. Solely for purposes of the immediately preceding sentence, a day on which the applicable place of payment is authorized or required by law or executive order to close or be closed will be deemed not to be a “Business Day.”

  • Commission Payments A. Broker/Dealer shall be entitled to receive a commission based upon premiums received and accepted by the Insurer for Contracts issued pursuant to this Agreement, based on the applicable rate of commission set forth in the Commission Schedule attached hereto as Exhibit 1 which is incorporated herein by reference. Broker/Dealer shall be solely responsible for the payment of any commission or consideration of any kind to Subagents.

  • Interest Loan Payments Late Payment Charge 49 2.2.1 Payments. 49 2.2.2 Interest Calculation. 51

  • Indemnity Payments In the event that either Party agrees to, or is determined to have an obligation to, reimburse the other Party for Losses as provided in this Article VIII, the Indemnifying Party shall promptly pay such amount to the Indemnified Party in U.S. Dollars via wire transfer of immediately available funds to the accounts specified in writing by the Indemnified Party.

  • Remittance of Payments and Collections 13.18.1. All payments by any Lender to Agent shall be made not later than the time set forth elsewhere in this Agreement on the Business Day such payment is due; provided, however, that if such payment is due on demand by Agent and such demand is made on the paying Lender after 11:00 a.m. on such Business Day, then payment shall be made by 11:00 a.m. on the next Business Day. Payment by Agent to any Lender shall be made by wire transfer, promptly following Agent’s receipt of funds for the account of such Lender and in the type of funds received by Agent; provided, however, that if Agent receives such funds at or prior to 12:00 noon, Agent shall pay such funds to such Lender by 2:00 p.m. on such Business Day, but if Agent receives such funds after 12:00 noon, Agent shall pay such funds to such Lender by 2:00 p.m. on the next Business Day.

  • Taxes on Payments As at the date of this Agreement all amounts payable by them hereunder in Dollars or in Euro may be made free and clear of and without deduction for or on account of any Taxation.

  • Timely Payments LIFE COMPANY will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by LIFE COMPANY by 1:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable LIFE COMPANY to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.

  • Payment of Deposits In the event any depositor does not accept the obligation of the Assuming Institution to pay any Deposit liability of the Failed Bank assumed by the Assuming Institution pursuant to this Agreement and asserts a claim against the Receiver for all or any portion of any such Deposit liability, the Assuming Institution agrees on demand to provide to the Receiver funds sufficient to pay such claim in an amount not in excess of the Deposit liability reflected on the books of the Assuming Institution at the time such claim is made. Upon payment by the Assuming Institution to the Receiver of such amount, the Assuming Institution shall be discharged from any further obligation under this Agreement to pay to any such depositor the amount of such Deposit liability paid to the Receiver.

  • Loan Payments (a) The Loan shall bear interest at a fixed rate per annum equal to the Note Rate. Interest shall be computed based on the daily rate produced assuming a three hundred sixty (360) day year, multiplied by the actual number of days elapsed. Except as otherwise set forth in this Agreement, interest shall be paid in arrears.

  • Remittance of Payments Forthwith after the withdrawal from the Designated Account by the Administrative Agent of any payment of principal, interest, fees or other amounts for the benefit of the Lenders pursuant to Section 3.7, the Administrative Agent shall, subject to Sections 3.2 and 8.3, remit to each Lender, in immediately available funds, such Lender’s Pro Rata Share of such payment (except to the extent such payment results from a Loan with respect to which a Defaulting Lender had failed, pursuant to Section 3.2, to make available to the Administrative Agent its Pro Rata Share and, where any other Lender has made funds available in the place and stead of such Defaulting Lender); provided that if the Administrative Agent, on the assumption that it will receive, on any particular date, a payment of principal (including, without limitation, a prepayment), interest, fees or other amount under the Credit Facility, remits to each Lender its Pro Rata Share of such payment and the Borrower fails to make such payment, each Lender agrees to repay to the Administrative Agent, forthwith on demand, to the extent that such amount is not recovered from the Borrower on demand and after reasonable efforts by the Administrative Agent to collect such amount (without in any way obligating the Administrative Agent to take any legal action with respect to such collection), such Lender’s Pro Rata Share of the payment made to it pursuant hereto together with interest thereon at the then prevailing interbank rate for each day from the date such amount is remitted to the Lenders until the date such amount is paid or repaid to the Administrative Agent, the exact amount of the repayment required to be made by the Lenders pursuant hereto to be as set forth in a certificate delivered by the Administrative Agent to each Lender, which certificate shall constitute prima facie evidence of such amount of repayment.

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