BASIS AND METHOD OF PAYMENT Sample Clauses

BASIS AND METHOD OF PAYMENT. (1) The Business Scheme and Revenue Sharing may be reviewed and amended by mutual consent periodically *. For the first 3 (three) month period * and for the subsequent period. The result of the Business Scheme and revenue sharing in accordance with the consensus reached by the PARTIES, which will be written in Side Letter to this Agreement. If and when in future rates as may be regulated by the Authority, hence there shall be reviewed, and Agreement on the rates aforementioned rates will be stated in Side Letter. (2) On every subsequent month (n+1) there shall be reconciliation of Revenue of the respective PARTIES for pre-paid TELKOMSave services for the current month (n) billing data. The Rights of TELKOM shall be the sale of pre-paid TELKOMSave service overseas deducted by the Rights of CCCGC in the form of marketing fees and rates for providing Global PoP CCCGC, as agreed in Attachment VI. * CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. (3) Not later than the 7th (seventh) day of each month, TELKOM shall issue to CCCGC note of settlement for the use of the infrastructure of TELKOM VoIP for distributing traffic VoIP Global, exclusive Global PoP CCCGC which is used by TELKOM for the global traffic terminating to Indonesia and refile. (4) Within 30 (thirty) calendar days of the date of receipt by CCCGC of the inote of settlement issued by TELKOM and vice versa, CCCGC shall pay TELKOM the sum/amount of payable due to TELKOM in the form of the billed rates for global traffic terminating to Indonesia * which are due and payable from CCCGC for the use of Global PoP. The payment shall be made in accordance with paragraph (3) and (4) of these Articles. (5) Payment of the settlement due (to TELKOM) from CCCGC and/or the 3rd parties, shall be made by CCCGC and/or the 3rd parties, to and in favor of TELKOM by electronic bank transfer to the account of Banking Account of TELKOM in foreign currency US Dollar and shall be transferred to the Account of TELKOM Revenue in US Dollar through * and all transfer charges shall be borne by CCCGC. (6) A late Payment Penalty of 1.5% (one and a half percent) per month on or the penalty permitted by law will be charged on the amount not paid by CCCGC within 10 (ten) days from the date due in accordance with paragraph (3) of this Article. If and when payment becomes late within 2 (two) consecutive months ...
Sample 1
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BASIS AND METHOD OF PAYMENT. A. Rates 1. For solid waste services required to be performed pursuant to this Agreement the charges shall be as listed on Exhibit A. This fee includes all Authority costs required to meet the obligations of this Agreement 2. For special collection provided by Authority, the charges are to be negotiated between Authority and Producer prior to collection. 3. The solid waste collection charges provided in Exhibit A shall include transportation and disposal in the Authority's primary disposal site operated by Xxxxxxxx County in Rio Rancho, New Mexico.
Sample 1
BASIS AND METHOD OF PAYMENT. In consideration for Contractor's performance of the Contract Work as herein contemplated, the Authority agrees to pay Contractor, in current United States Funds, the monthly sums set forth in the Contract. The Contractor shall submit invoices to the Authority for approval no later than the 15th day of each month for work scheduled for completion during that month based on the Residential Unit and Municipal Unit counts and rates in effect at the time of invoices. The Executive Director will review the invoices and resolve any errors or other issues with the Contractor before the end of the month. The Authority will pay the Contractor the net amount due for each approved invoice within 45 days after approval of the invoice by the board of directors of the Authority.
Sample 1
BASIS AND METHOD OF PAYMENT. (a) The rates, fees and charges payable to the Contractor for the recycling, collection and disposal of refuse and materials, and the Contractor’s services pursuant to this Contract shall be as provided in Appendix No. 1 to this Agreement. For recycling, collection and disposal services required to be performed pursuant to this Contract, the charges payable to the Contractor shall not exceed the rates as fixed by the Contract Documents or, as permitted for Commercial Customers by contract with the Customer, as adjusted in accordance with paragraph 12.02. (b) The rates and fees charged by the City to its residents for such services shall be in the discretion of the City Council and shall include sufficient sums to recover its fees and charges for billing and accounting. The actual rates charged to the residential and commercial customers shall be as set by the City Council from time to time. (c) The fees payable to the Contractor for service to Residential Units shall be based on the actual count and number of the Residential Units served, and City shall be responsible for collections. The City will pay Contractor the Residential Unit fee, provided in Appendix No. 1, each month for Residential Units receiving service. The City shall withhold the franchise fee from the monthly payments, and credit such withheld amounts to the franchise fee. (d) For special collection provided by the Contractor pursuant to Section 3.01(b), the charges shall be negotiated between the Contractor and Producer prior to collection. If agreement cannot be reached, the matter may be submitted to the City for determination of a reasonable fee. (e) The refuse collection charges provided by Section 12.01(a)-(b), shall include all disposal and related costs. (f) Contractor may, at its option, elect to acquire Bags from a supplier of its choice and attempt to market such Bags to Residential Units; however, this option in no way interferes with the right of each owner or occupant of a Residential Unit to obtain Bags from another sources.
Sample 1
BASIS AND METHOD OF PAYMENT 
Sample 1

Related to BASIS AND METHOD OF PAYMENT

  • Time and Method of Payment (Amounts Distributed by the Administrative Agent). Except as otherwise provided in Section 4.02, all amounts payable to any Funding Agent or Investor hereunder or with respect to the Series 2019-1 Class A-1 Advance Notes shall be made to the Administrative Agent for the benefit of the applicable Person, by wire transfer of immediately available funds in Dollars not later than 3:00 p.m. (Eastern time) on the date due. The Administrative Agent will promptly, and in any event by 5:00 p.m. (Eastern time) on the same Business Day as its receipt or deemed receipt of the same, distribute to the applicable Funding Agent for the benefit of the applicable Person, or upon the order of the applicable Funding Agent for the benefit of the applicable Person, its pro rata share (or other applicable share as provided herein) of such payment by wire transfer in like funds as received. Except as otherwise provided in Section 2.07 and Section 4.02, all amounts payable to the Swingline Lender or the L/C Provider hereunder or with respect to the Swingline Loans and L/C Obligations shall be made to or upon the order of the Swingline Lender or the L/C Provider, respectively, by wire transfer of immediately available funds in Dollars not later than 3:00 p.m. (Eastern time) on the date due. Any funds received after that time on such date will be deemed to have been received on the next Business Day. The Master Issuer’s obligations hereunder in respect of any amounts payable to any Investor shall be discharged to the extent funds are disbursed by the Master Issuer to the Administrative Agent as provided herein or by the Trustee or Paying Agent in accordance with Section 4.02, whether or not such funds are properly applied by the Administrative Agent or by the Trustee or Paying Agent. The Administrative Agent’s obligations hereunder in respect of any amounts payable to any Investor shall be discharged to the extent funds are disbursed by the Administrative Agent to the applicable Funding Agent as provided herein whether or not such funds are properly applied by such Funding Agent.

  • Compensation and Method of Payment Subject to any limitations set forth in this AGREEMENT, CITY agrees to pay CONSULTANT the amounts specified in EXHIBIT "B" "COMPENSATION" and made a part of this AGREEMENT. The total compensation, including reimbursement for actual expenses, shall not exceed unless additional compensation is approved in writing by the City Council or City Manager. Each month CONSULTANT shall furnish to CITY an original invoice for all work performed and expenses incurred during the preceding month. The invoice shall detail charges by the following categories: labor (by sub-category), travel, materials, equipment, supplies, sub-consultant contracts and miscellaneous expenses. CITY shall independently review each invoice submitted by the CONSULTANT to determine whether the work performed and expenses incurred are in compliance with the provisions of this AGREEMENT. In the event that no charges or expenses are disputed, the invoice shall be approved and paid according to the terms set forth below. In the event any charges or expenses are disputed by CITY, the original invoice shall be returned by CITY to CONSULTANT for correction and resubmission. Except as to any charges for work performed or expenses incurred by CONSULTANT which are disputed by CITY, CITY will use its best efforts to cause CONSULTANT to be paid within thirty (30) days of receipt of CONSULTANT’s invoice. Payment to CONSULTANT for work performed pursuant to this AGREEMENT shall not be deemed to waive any defects in work performed by CONSULTANT.

  • Purchase Price and Method of Payment The purchase price for the Property is Sixteen Million Five Hundred Thousand DOLLARS and No CENTS ($16,500,000.00) adjusted, if required, as provided in Sections 5 and 14 and payable as follows: (a) Two Hundred Fifty Thousand DOLLARS and No CENTS ($250,000.00) xxxxxxx money deposit (the “First Xxxxxxx Money Deposit”) paid by Buyer to Xxxxxx & Xxxxx LLC (the “Escrow Agent”) within five (5) business days following receipt, by Buyer, of a copy of this Contract dated and signed by Seller. The First Xxxxxxx Money Deposit shall be held in trust by the Escrow Agent subject to such agent’s standard form of escrow agreement (the “Escrow Agreement”) which Seller and Buyer shall join in and execute and disbursed as set forth below. (b) Seven Hundred Fifty Thousand DOLLARS and No CENTS ($750,000.00) xxxxxxx money deposit (the “Second Xxxxxxx Money Deposit”) (collectively the First Xxxxxxx Money Deposit and the Second Xxxxxxx Money Deposit are referred to herein as the “Xxxxxxx Money Deposits” and are to be held pursuant to the terms of the Escrow Agreement) paid by Buyer to the Escrow Agent within three (3) business days following the expiration of the Inspection Period (as hereinafter defined) in the event Buyer elects not to terminate this Contract by written notice to Seller prior to expiration of the Inspection Period. (c) The balance of Fifteen Million Five Hundred Thousand DOLLARS and No CENTS ($15,500,000.00) shall be payable in cash, by completed bank wire transfer of federal funds to an account designated by Seller, or by way of a cashier’s check issued by a state or national banking institution located in Orange County, Florida, it being understood that the precise amount of cash payable at closing to complete payment of the cash portion of the purchase price may vary depending upon the applicable adjustments and prorations, including, but not limited to, the adjustment to the purchase price pursuant to Sections 5 and 14 below.

  • Currency and method of payments All payments to be made by the Lenders or by the Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower to the Agent or any Lender, to such account with such bank as the Agent may from time to time notify to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower and the other Creditor Parties.

  • Method of Payments Any amount due under this Guarantee shall be paid: (a) in immediately available funds; (b) to such account as the Security Trustee may from time to time notify to the Guarantor; (c) without any form of set-off, cross-claim or condition; and (d) free and clear of any tax deduction except a tax deduction which the Guarantor is required by law to make.

  • Method of Payment Subject to Section 9.01(c), distributions required to be made to Certificateholders on any Distribution Date shall be made to each Certificateholder of record on the related Record Date either by check mailed to such Certificateholder at the address of such holder appearing in the Certificate Register or by wire transfer, in immediately available funds, to the account of any Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Distribution Date.

  • Withholding of Payment City reserves the right to withhold, in whole or in part, payment for any and all work that: (i) has not been completed by Contractor; (ii) is inadequate or defective and has not been remedied or resolved in a manner satisfactory to the City Project Manager; or (iii) which fails to comply with any term, condition, or other requirement under this Agreement. Any payment withheld shall be released and remitted to Contractor within THIRTY (30) calendar days of the Contractor’s remedy or resolution of the inadequacy or defect.

  • Withholding of Payments Notwithstanding anything to the contrary herein, the Grantee acknowledges that payments due under this Contract may be withheld or permanently suspended, in whole or in part, if Grantee fails to comply with any federal or state law, administrative rule, or regulation applicable to the services provided herein, or if Grantee fails to perform its duties and responsibilities in accordance with the terms and conditions of this Contract.

  • Method of Compensation It is understood by the parties that, insofar as pay is concerned, employees temporarily filling a position in a higher broadband level shall be paid according to the same compensation method as promoted employees pursuant to the Rules of the State Personnel System.

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following:

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