Amount and conditions for the Payment Sample Clauses

Amount and conditions for the Payment. Guarantee The Shipper shall provide the Operator with a Payment Guarantee that covers the Shipper's minimum payment obligations concerning Loading in relation to the Operator under the Contract. The Payment Guarantee shall take the form of : o a guarantee deposit to the Operator, or o a first demand guarantee based on the template supplied by the Operator, provided by a banking establishment or credit insurer having its registered office in a country of the European Union and with a long-term credit rating equal to or above A- (Standard & Poor’s) or A3 (Xxxxx’x), or o a first demand guarantee provided by the Shipper's Parent Company when and for as long as this company has its registered office in an OECD country and has a long-term credit rating equal to or above A- (Standard & Poor’s) or A3 (Xxxxx’x), or o a first demand guarantee provided by the Shipper's Parent Company when and for as long as this company has a long-term credit rating equal to or above AA- (Standard & Poor’s) or Aa3 (Xxxxx’x), to the extent that the company does not have its registered office in an OECD country. The amount of the Payment Guarantee shall be the sum of the following amounts:
Sample 1
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Amount and conditions for the Payment. Guarantee The Shipper shall provide the Operator with a Payment Guarantee that covers the Shipper's minimum payment obligations concerning Unloading in relation to the Operator under the Contract. The Payment Guarantee shall take the form of: o a guarantee deposit to the Operator, or o a first demand guarantee based on the template supplied by the Operator, provided by a banking establishment or credit insurer having its registered office in a country of the European Union and with a long-term credit rating equal to or above A- (Standard & Poors) or A3 (Xxxxx’x), or o a first demand guarantee provided by the Shipper's Parent Company when and for as long as this company has its registered office in an OECD country and has a long-term credit rating equal to or above A- (Standard & Poors) or A3 (Xxxxx’x), or o a first demand guarantee provided by the Shipper's Parent Company when and for as long as this company has a long-term credit rating equal to or above AA- (Standard & Poors) or Aa3 (Xxxxx’x), to the extent that the company does not have its registered office in an OECD country. The first demand guarantee provided by the Shipper’s Parent Company is not accepted for the Contract period for which the scheduling of the Vessels is known as the Annual Schedule or, failing that, as the Monthly Schedule. The amount of the Payment Guarantee shall be the sum of the following amounts:
Sample 1
Amount and conditions for the Payment. Guarantee The Shipper shall provide the Operator with a Payment Guarantee that covers the Shipper's minimum payment obligations concerning Unloading in relation to the Operator under the Contract. The Payment Guarantee shall take the form of: o a guarantee deposit to the Operator, or o a guarantee commitment issued by the French establishment of a first-ranking bank that has a long-term credit rating that is equal to or higher than A (Standard & Poors) and A2 (Xxxxx’x). The amount of the Payment Guarantee shall be the sum of the following amounts:
Sample 1

Related to Amount and conditions for the Payment

  • Payment and Contract Price C1 Contract Price

  • Payment Instructions and Late Payments The Parties agree that all payments shall be made in a timely manner and in a method set forth in the attached “Payment Instructions.” Respondent acknowledges and agrees to comply with the “Late Payment” provisions provided therein.

  • Conditions Precedent to Disbursement Agency’s obligation to disburse Grant Funds to Grantee under this Grant is subject to satisfaction of each of the following conditions precedent:

  • 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.

  • INVOICE PAYMENT 3.1. The CUSTOMER shall pay all valid invoices submitted by the CONTRACTOR in accordance with the provisions of this Schedule in accordance with the provisions of Clause 5 of this Contract.

  • PAYMENT AND INVOICE PROVISIONS An itemized invoice addressed to the ordering entity shall reference purchase order number, contract number, quantity, description, list and net unit price. Installation/Labor and any other ancillary charges will be shown as a separate line item on all quotes and invoices. Payment will be made in accordance with applicable State of Arkansas accounting procedures upon acceptance by the Agency. The State may not be invoiced in advance of delivery and acceptance of any commodity. Payment will be made only after the contractor has successfully satisfied the state agency as to the goods purchased. Contractor should invoice agency by an itemized list of charges. Purchase Order Number and/or Contract Number should be referenced on each invoice.

  • Conditions Precedent to Effectiveness This Agreement shall become effective on and as of the first date (the “Effective Date”) on which the following conditions precedent have been satisfied:

  • ADVANCE PAYMENT PROHIBITED Except as authorized by law, Contractor shall not request or receive advance payment for any Goods and/or Services furnished by Contractor pursuant to this Master Contract.

  • Additional Fee on Late Payments For any payments thirty (30) calendar days or more overdue under this Agreement, Registry Operator shall pay an additional fee on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law.

  • Types and Amounts of Coverage Without limiting Grantee's liability pursuant to Article 9, Grantee shall maintain in force, during the full term of this Agreement, insurance in the following amounts and coverages:

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