Bailment Settlement Invoicing Sample Clauses

Bailment Settlement Invoicing. After the Bailment Period ends on March 31, 2004, Seller shall reconcile Buyer's cumulative Daily Consumption Reports and any Consumption Adjustment Reports issued with respect to each Storage Pile established during the Bailment Period and which has not been previously reconciled in accordance with subsection 2.5 (b) (i) above with the cumulative vessel xxxx of lading weights of material placed onto the Storage Pile. Any quantities of Pellets physically remaining in a Stock Pile on such date and which have not been reported by Buyer in a Daily Consumption Report or Consumption Adjustment Report as consumed shall be deemed for these purposes as consumed by Buyer on the Bailment Period termination date. Seller shall then issue to Buyer (i) a corrected invoice for the number of Tons by which the cumulative vessel xxxx of lading weights placed in the pile exceeds the total amount removed from such Storage Pile by Buyer per its Daily Consumption Reports and any Consumption Adjustment Reports (and including any quantities deemed as consumed under this paragraph), or (ii) a credit memo for the number of Tons by which the total amount removed from such Storage Pile by Buyer per its Daily Consumption Reports and any Consumption Adjustment Reports (and including any quantities deemed as consumed under this paragraph) exceeds the cumulative vessel xxxx of lading weights placed in the Storage Pile. Payment of the corrected invoice shall be made by Buyer via wire transfer on the next Payment Date, or reflect any such credit on a payment to Seller subsequent to receipt of a credit memo. Buyer shall pay interest on all amounts not paid as specified herein at the Late Payment Rate from and including the due date to but excluding the date payment is actually made.
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Related to Bailment Settlement Invoicing

  • Benchmark Replacement Setting Notwithstanding anything to the contrary herein or in any other Loan Document:

  • Assignment Settlement Option ☐ The undersigned Lender hereby agrees to have an amount equal to 100% of the outstanding principal amount of the Existing Term Loans held by such Lender prepaid on the Third Amendment Effective Date and to purchase by assignment 2020 Refinancing Term Loans in an equal principal amount (or such lesser amount allocated to such Lender by the Administrative Agent). ​ CEDAR FUNDING IV CLO, LTD., as a 2020 Refinancing Term LenderBy: AEGON USA Investment Management, LLC, as its Portfolio Manager By: /s/ Xxxxxxxx Xxxxxxxx ​ Name:Xxxxxxxx Xxxxxxxx ​ Title:Associate Director- Settlements ​ ​ ​ Cashless Settlement Option ☒ The undersigned Lender hereby commits an amount equal to 100% of the outstanding principal amount of the Existing Term Loans held by such Lender to be 2020 Refinancing Term Loans and agrees to exchange (on a cashless basis) 100% of the outstanding principal amount of the Existing Term Loans (or such lesser amount allocated to such Lender by the Administrative Agent) held by such Lender for 2020 Refinancing Term Loans in an equal principal amount.

  • Default Settlement Method Net Share Settlement Net Share Settlement: If Net Share Settlement is applicable, then on the relevant Settlement Date, Company shall deliver to Dealer a number of Shares equal to the Share Delivery Quantity for such Settlement Date to the account specified herein free of payment through the Clearance System, and Dealer shall be treated as the holder of record of such Shares at the time of delivery of such Shares or, if earlier, at 5:00 p.m. (New York City time) on such Settlement Date, and Company shall pay to Dealer cash in lieu of any fractional Share based on the Settlement Price on the relevant Valuation Date.

  • PAYMENT AND SETTLEMENT You shall deliver to the Manager on the date and at the place and time specified in the applicable AAU (or on such later date and at such place and time as may be specified by the Manager in a subsequent Wire) the funds specified in the applicable AAU, payable to the order of Xxxxxxx Xxxxx Xxxxxx Inc., for (i) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of the Firm Securities to be purchased by you, (ii) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of such of the Firm Securities to be purchased by you as shall have been retained by or released to you for direct sale as contemplated by Section 3.6 hereof or (iii) the amount set forth or indicated in the applicable AAU, as the Manager shall advise. You shall make similar payment as the Manager may direct for Additional Securities, if any, to be purchased by you on the date specified by the Manager for such payment. The Manager will make payment to the Issuer or Seller against delivery to the Manager for your account of the Securities to be purchased by you, and the Manager will deliver to you the Securities paid for by you which shall have been retained by or released to you for direct sale. If the Manager determines that transactions in the Securities are to be settled through the facilities of DTC or other clearinghouse facility, payment for and delivery of Securities purchased by you shall be made through such facilities, if you are a member, or, if you are not a member, settlement shall be made through your ordinary correspondent who is a member.

  • Pro rata interest settlement If the Agent has notified the Lenders that it is able to distribute interest payments on a “pro rata basis” to Existing Lenders and New Lenders then (in respect of any transfer pursuant to Clause 25.5 (Procedure for transfer) or any assignment pursuant to Clause 25.6 (Procedure for assignment) the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):

  • Interest Settlement The interest rate shall be calculated and paid according to the fixed interest rate, and the 20th day of each month shall be the date for the settlement of interest.

  • Advances by Custodian for Settlement The Custodian may, in its sole discretion and from time to time, advance funds to the Trust to facilitate the settlement of a Fund's transactions in the Fund Custody Account. Any such advance shall be repayable immediately upon demand made by Custodian.

  • Account Details and Settlement Information Payments to Party A: Citibank, New York ABA No.: 021 000 089 Account No.: 4072-4601 Account Name: Morgan Stanley Capital Services Inc. Payments to Party B: Deutsche Bank ABA No.: 021001033 Account No: 01419663 Acct Name: XXXXX Xxnds Control - Stars West Ref: Morgan Stanley ABS Capital I Inc. Trust 2006-HE5

  • Clearance and Settlement If the Pricing Agreement specifies that the Securities will clear and settle through one or more clearing systems, the Securities will be eligible for clearance and settlement through such clearing system or systems.

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