Agreement of Payment Sample Clauses

Agreement of Payment. Ali publication cost is each author’s responsibility from both parties.
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Agreement of Payment. In addition to the warranties and representations contained in this Agreement, if for any reason any creditor or third party who is owed a debt by Seller on or before the Closing, or who otherwise possesses any type of right or interest in the Personal Property arising from the ownership or operation of the Business by Seller prior to the Closing, holds or obtains a lien on the Personal Property, then the following shall apply: a. Any mortgage or chattel lien shall be paid in full and released on or before the Closing Date. b. Any judgment lien or mechanic’s lien less than $100,000 shall be paid in full or bonded over and released on or before the Closing Date. Seller, at Seller’s election, shall not be obligated to cause the release of any judgment lien or mechanic’s lien of $100,000 or more; provided, however, in the event of any judgment lien or mechanic’s lien, Seller shall have a right to extend Closing by no more than thirty (30) days to resolve such judgment lien or mechanics lien. Only after the expiration of the thirty (30) day extension may Seller terminate this Agreement as provided herein, and the Deposit shall be fully refunded to Buyer.
Agreement of Payment. In addition to the warranties and representations contained in this Agreement, if for any reason any creditor or third party who is owed a debt by Seller on or before the Closing, or who otherwise possesses any type of right or interest in the Personal Property arising from the ownership or operation of the Business by Seller prior to the Closing, holds or obtains a lien on the Personal Property, then the following shall apply: a. Seller, without notice from Buyer, shall pay such monies arising from the ownership or operation of the Business by Seller prior to the Closing required to obtain the release of any lien on the property.
Agreement of Payment. It is agreed to by both parties that the cost of this contract will be shared between ………………………. UNY and ………………………… as outlined in Article 2. Responsibilities.
Agreement of Payment. The Customer agrees to pay Tomahawk all charges relating to the use of his or her account(s) according to the rates and prices in the customers original agreement. The Customer is responsible for charges at the times the service is used and Tomahawk may apply the amount due to the Customer's credit card (or bank account) at any time. The Customer is solely responsible for informing Tomahawk of any changes regarding the current method of payment, including new expiry dates on his or her listed credit card.
Agreement of Payment. In addition to the warranties and representations contained in this Agreement, if for any reason any creditor or third party who is owed a debt by Personal Property Seller on or before the Closing, or who otherwise possesses any type of right or interest in the Personal Property arising from the ownership or operation of the Business by Personal Property Seller before the Closing, holds or obtains a lien on the Personal Property, the following shall apply: a. Personal Property Seller, on written notice given by Personal Property Purchaser to Personal Property Seller, shall pay such monies arising from the ownership or operation of the Business by Personal Property Seller before the Closing required to obtain the release of any lien on the property within six months of such notice or before the seizure of the property, whichever occurs earlier. b. In the event of default by Personal Property Seller as to the foregoing, Personal Property Purchaser, on written notice given by Personal Property Purchaser or Personal Property Seller, shall have the right to pay for the same and/or obtain the release of lien, if any, and receive a credit toward the payment of any obligations owing by Personal Property Purchaser to Personal Property Seller until the indebtedness is paid in full or satisfied. c. If the indebtedness is paid in full or satisfied by Personal Property Purchaser, Personal Property Seller shall immediately reimburse Personal Property Purchaser for any payment made by Personal Property Purchaser.
Agreement of Payment. In addition to the warranties and representations contained in this Agreement, if for any reason any creditor or third party who is owed a debt by Seller on or before the Closing, or who otherwise possesses any type of right or interest in the Purchased Assets arising from the ownership or operation of the Business, including the Purchased Assets, by Seller before the Closing, holds or obtains a lien on the Purchased Assets, the following shall apply: X. Xxxxxx, on written notice given by Purchaser to Seller, shall pay such monies arising from the ownership or operation of the Business, including the Purchased Assets, by Seller before the Closing required to obtain the release of any lien on the property within [number] months of such notice or before the seizure of the property, whichever occurs earlier. B. In the event of default by Seller as to the foregoing, Purchaser, on written notice given by Purchaser or Seller, shall have the right to pay for the same and/or obtain the release of lien, if any, and receive a credit toward the payment of any obligations owing by Purchaser to Seller until the indebtedness is paid in full or satisfied. C. If the indebtedness is paid in full or satisfied by Purchaser, Seller shall immediately reimburse Purchaser for any payment made by Purchaser.
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Agreement of Payment. In xxxxxxon to the warranties and representations contained in this Agreement, if for any reason any taxing authority, creditor or third party, in addition to Huntington Bank, who is owned a debt by Seller on or before the Closing, or who otherwise possesses any type of right or interest in the Purchased Assets arising from ownership or operation of the Business, including the Purchased Assets, by Seller prior to the Closing, holds or obtains a lien on the Purchased Assets, then the following shall apply: A. Seller, on written notice given by Purchaser to Seller, shall pay such monies arising from the ownership or operation of the Business, including the Purchased Assets, by Seller prior to the Closing required to prevent the seizure of the property; B. In the event of default by Seller as to the foregoing, Purchaser, shall have the right to pay for the same and/or obtain the release of lien, if any, and receive a credit toward the payment of any obligations owing by Purchaser to Seller until the indebtedness is paid in full or satisfied; and 5.2
Agreement of Payment. In accordance with the terms and conditions of this agreement, Purchaser agrees to and shall, on the date hereof, pay Seller $50,800 in cash.
Agreement of Payment. If: A. Any indebtedness or liability of Seller (not assumed by Purchaser) pertaining to the personal property conveyed pursuant to this Agreement (property) becomes a lien upon the property, and B. Seller has a legal obligation to pay for such indebtedness; Seller, on written notice given by Purchaser to Seller, shall pay for the same and/or obtain the release of any lien on the property within six months or before the seizure of the property, if earlier.
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