Allocation of Payment. In the event that several units of payment are to be made as payment of the Borrowing Obligations and any and all obligations incidental thereto, or in the event that Party B has other obligations from Party A, if payment is made that is not sufficient to extinguish all of the obligations, the Borrowing Obligations may be appropriated at any time in an order and in a manner deemed appropriate by Party A, and Party B, the Guarantor and the Security Provider shall not raise any objection to such appropriation.
Allocation of Payment. The Debtor represents and agrees that any payments that it makes to the Creditors hereunder, if any, will be allocated to past-due debts in the following order: /a/ fees; /b/ default interest; /c/ compensation ordered pursuant to a final non-appealable court judgment directly associated with this Agreement; /d/ taxes; /e/ expenses; /f/ court fees ordered pursuant to a final non-appealable court judgment directly associated with this Agreement; /g/ ordinary interest; and /h/ principal.
Allocation of Payment. We use any payments you make to pay off Transactions that appear on your statement starting with those on which we charge the highest rate of interest, and so on down to the lowest rate of interest. If the payment is not enough to pay off all Transactions at a particular interest rate, we will pay off Transactions charged at that interest rate in the following order
4.1. For accounts that are not in arrears: Fees and Charges Cash Withdrawals Purchases Within each category, the funds received will be paid to clear the oldest balance first.
4.2. For accounts in arrears, the minimum monthly repayment will include any previous month(s) overdue minimum amount, and will be paid in this order Cash Withdrawals Purchases Interest, Fees and Charges Again, the oldest balance will be paid first in each category.
Allocation of Payment. Any monthly channel fees, any Net AR/AP Amounts and any Assumed Liabilities in respect of an Assigned Contract shall be allocated to the applicable Assigned Contract(s). Any cash payments pursuant to Section 2.03(a)(x) shall be allocated to the applicable Purchased Tangible Personal Property. QTS TRS and Buyer shall treat any indemnity payments made pursuant to Article VIII as adjustments to the amount of payments under Section 2.03 apportioned to the Assigned Contract(s), beginning with the earliest Transfer Effective Time, for income Tax purposes unless applicable Tax Law causes such payment not to be so treated.
Allocation of Payment. Any payment (whether made as an adjustment to the Earnout Payments or otherwise) pursuant to this Section 2.09 shall be allocated to the Purchase Price paid by Buyer and/or SVT as Buyer and SVT shall determine in their sole discretion.
Allocation of Payment. MVC declares and accepts that the payments made to the Creditors in accordance with this Agreement will be credited to the amounts owing under the Financing Documents in the following order: /i/ Stamp Tax; /ii/ Commissions; /iii/ indemnifications; /iv/ late payment interest on Tranche A Loans and then late payment interest on Tranche B Loans; /v/ expenses; /vi/ legal costs; /vii/ ordinary interest on Tranche A loans and then ordinary interest on Tranche B Loans; and /viii/ principal on Tranche A Loans and then principal on Tranche B Loans.
Allocation of Payment. Seller and Purchaser shall jointly prepare, within ninety (90) days after the Closing Date, a schedule allocating the Payment among the Assigned Patents (the “Allocation Schedule”), which allocation shall take into account the relative fair market values of the U.S. and non-U.S.
Allocation of Payment. The Company reserves the right to allocate any payments made by the Customer to
(i) Previously unpaid orders
(ii) Interest
(iii) Costs,
Allocation of Payment. The Parties agree that SARC may internally allocate the payment as follows: (a) $37,500.00 toward acquisition of the Transfer Interests; and (b) $50,000 toward settlement of the Lawsuit. The Payment and Transfer are made in satisfaction and settlement of the claims, counterclaims and defenses asserted in the Lawsuit and the Reassignment of the PAC Interests as specified in Paragraph No. 2, above, and the Transfer of Interests.
Allocation of Payment. The above $5,050,000.00 payment made at Closing shall be allocated as follows: $ 150,000.00 to the non-compete agreement $ 2,100,000.00 to Land and Improvements $ 800,000.00 to Furniture/Fixtures and Equipment $ 2,000,000.00 to Goodwill and other Capital intangible assets where value is derived from:
a) attainment of various critical Federal/State Permits & Licenses $ 800,000.00 b) development of certain critical Standard Operating Procedures. $ 600,000.00 c) other special expertise $ 400,000.00 d) existing customer base $ 200,000.00
