Changes in payments Sample Clauses

Changes in payments and resignation from a part of the services provided, general payment terms and conditions 10.1 Advance payments made for a period of five, ten or eighteen years for Biological Material storage shall be refundable. As under this section, PBKM shall reimburse proportionally the prepayment amount if the whole aliquot of Biological Material stored under the selected option is used for purposes of treatment of an authorized recipient/patient before the end of the prepaid storage period; section 10.2 below shall apply accordingly. Should the Contract – for reasons other than the Biological Material being used for the purposes of treatment of an authorized recipient/ patient – be terminated earlier than at the end of prepaid storage period, PBKM shall settle the already paid pre-payment according to standard payment rates for one year of storage set forth in the Price Table. Only the amount exceeding the product of payments for one year of storage according to standard rates and the sum of years of actual storage shall be subject to reimbursement. 10.2 During the term of the Contract, the Parents may cancel storage of Umbilical Cord Blood and/or Placental Blood and/or Umbilical Cord or MSC cells isolated from it (if the Parents decided to extend the service to include an additional package: Umbilical Cord Cell Isolation or Extended Umbilical Cord Cell Isolation). Cancellation shall result in switching to the fees set forth in the Price Table, according to the quantity of Biological Materials stored. Cancellation shall be effective upon the end of the pending annual subscription period. 10.3 Prices for storage shall be gross prices and include VAT tax at the applicable rate. Should the VAT rate applicable for Biological Material storage service be increased, PBKM shall notify the new rate in writing, allowing the Parents 30 days to cancel the Contract in writing. Should the Parents withdraw from the Contract, PBKM shall issue a final invoice for the Parents, covering the unpaid period of storage (until a Contract termination notice is received). Should no statement on withdrawal from the Contract be submitted, PBKM shall assume that the Parents are willing to continue the Contract under the new price terms and shall issue an invoice for the next period, increased by the new applicable tax rate. 10.4 During the term of this Contract, PBKM shall have the right to adjust the one year storage payment (by increasing it) respectively by the twelve month consumer price ...
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Related to Changes in payments

  • Certain Payments Without the prior consent of the Dealer Manager, none of the Company, the Advisor or any of their respective affiliates will make any payment (cash or non-cash) to any associated Person or registered representative of the Dealer Manager.

  • ALL-IN PAYMENTS It is agreed all-in payments breach the award and this Agreement. All-in payments to employees will not be made. Where it is alleged all-in payments are being made, the provisions of the VBIA shall apply.

  • Default in Payment Any payment not made within ten (10) business days after it is due in accordance with this Agreement shall thereafter bear interest, compounded annually, at the prime rate in effect from time to time at Citibank, N.A., or any successor thereto. Such interest shall be payable at the same time as the corresponding payment is payable.

  • Report-In Pay An employee who reports to work on a regularly scheduled workday without previous notice not to report shall receive a minimum of four (4) hours work or four (4) hours pay in lieu thereof at the applicable hourly rate.

  • Changes in Payment Instructions to Obligors The Borrower will not make any change, or permit the Collateral Manager to make any change, in its instructions to Obligors regarding payments to be made with respect to the Collateral to the Collection Account, unless (x) the change in such instructions is to comply with the terms of the Transaction Documents or (y) the Administrative Agent has consented to such change.

  • CALL-IN PAY 14.01 An employee who is called in to work outside their regularly scheduled hours shall be paid a minimum of four (4) hours pay at their applicable rate whenever there is a break between the employee's regularly scheduled hours and the work the employee is called to perform.

  • IN PAY An employee who is called in for work outside his standard hours other than for scheduled overtime work, shall be paid either

  • Delay in Payment Notwithstanding anything else to the contrary in this Agreement, the BEP, or any other plan, contract, program or otherwise, the Company (and its affiliates) are expressly authorized to delay any scheduled payments under this Agreement, the BEP, and any other plan, contract, program or otherwise, as such payments relate to the Executive, if the Company (or its affiliate) determines that such delay is necessary in order to comply with the requirements of Section 409A of the Internal Revenue Code. No such payment may be delayed beyond the date that is six (6) months following the Executive’s separation from service (as defined in Section 409A). At the end of such period of delay, the Executive will be paid the delayed payment amounts, plus interest for the period of any such delay. For purposes of the preceding sentence, interest shall be calculated using the six (6) month Treasury Xxxx rate in effect on the date on which the payment is delayed, and shall be compounded daily. If the conditions of the severance exception under Treasury Regulation Section 1.409A-1(b)(9)(iii) (or any successor Regulation thereto) are satisfied, payment of benefits shall not be delayed for six (6) months following termination of employment to the extent permitted under the severance exception.

  • REPORTING IN PAY An employee reporting for work on his/her regularly scheduled shift who has not been properly notified not to report will receive a minimum of four (4) hours pay in lieu at the applicable rate or at least four (4) hours employment at his/her regular rate.

  • Reinstatement; Certain Payments If any claim is ever made upon any Secured Party for repayment or recovery of any amount or amounts received by such Secured Party in payment or on account of any of the Obligations, such Secured Party shall give prompt notice of such claim to each other Agent and Lender and the Administrative Borrower, and if such Secured Party repays all or part of such amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over such Secured Party or any of its property, or (ii) any good faith settlement or compromise of any such claim effected by such Secured Party with any such claimant, then and in such event each Loan Party agrees that (A) any such judgment, decree, order, settlement or compromise shall be binding upon it notwithstanding the cancellation of any Indebtedness hereunder or under the other Loan Documents or the termination of this Agreement or the other Loan Documents, and (B) it shall be and remain liable to such Secured Party hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by such Secured Party.

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