Settlement Consideration 2. In consideration of the full settlement, satisfaction, compromise and release of the Released Plaintiffs’ Claims, an aggregate $115 million in cash (the “Escrow Amount”) shall be paid on behalf of the Settling Defendants to Freeport by the D&O Carriers. The Settling Defendants shall cause the Escrow Amount to be deposited by the D&O Carriers into an interest-bearing escrow account controlled by an agreed upon representative of Plaintiffs and of the Settling Defendants (the “Escrow Account”) within fifteen (15) business days after the Stipulation is submitted to the Court. Upon the Effective Date, the Escrow Amount, together with any and all interest thereon, shall be paid to Freeport from the Escrow Account. For the avoidance of doubt, the Settling Defendants shall have no obligation to deposit any portion of the Escrow Amount into the Escrow Account but shall have an obligation to take all reasonably available steps to seek to cause the D&O Carriers to deposit the Escrow Amount into the Escrow Account.
Consideration Payment 5.1 In consideration of the Company’s Services, the Client shall pay to the Company the Consideration to be stipulated in the Termsheet and all reasonable out of pocket expenses (if any) in accordance with the commercial terms and payment terms as detailed in the Separate Agreement.
PRIORITY HIRING CONSIDERATIONS If this Contract includes services in excess of $200,000, the Contractor shall give priority consideration in filling vacancies in positions funded by the Contract to qualified recipients of aid under Welfare and Institutions Code Section 11200 in accordance with Pub. Contract Code §10353.
Taxes and Fees Imposed on Purchasing Party But Collected And Remitted By Providing Party 11.3.1 Taxes and fees imposed on the purchasing Party shall be borne by the purchasing Party, even if the obligation to collect and/or remit such taxes or fees is placed on the providing Party.
MEMO OF CONSIDERATION RECEIVED on the day month and year first above written of and from the within named Purchasers the within mentioned sum of Rs. /- (Rupees only)paid as and by way of full consideration in terms of these presents. Sl. No. Details Amount (Rs) 1 By cheque no. dated 2 By cheque no. dated 3 By cheque no. dated 4 By cheque no. dated 5 By cheque no. dated 6 TDS ( ) 7 By cheque no. dated TOTAL (RUPEES ONLY) WITNESSES:
Payment Claims The Subcontractor must give the Contractor’s Representative claims for payment on account of the Subcontract Price and all other amounts then payable by the Contractor to the Subcontractor under the Subcontract: at the times specified in the Subcontract Particulars until Completion or termination of the Subcontract (whichever is earlier); unless terminated earlier, after Completion or the Defects Liability Period, within the time required by clause 12.9 or 12.11; in the format set out in the Schedule of Collateral Documents or in any other format which the Contractor’s Representative reasonably requires; which are based on the Table of Variation Rates and Prices or the Schedule of Rates to the extent these are relevant; which show separately the amounts (if any) claimed on account of: the Subcontract Price; and all other amounts then payable by the Contractor to the Subcontractor under the Subcontract; and which set out or attach sufficient details, calculations, supporting documentation and other information in respect of all amounts claimed by the Subcontractor: to enable the Contractor’s Representative to fully and accurately determine (without needing to refer to any other documentation or information) the amounts then payable by the Contractor to the Subcontractor under the Subcontract; and including any such documentation or information which the Contractor’s Representative may by written notice from time to time require the Subcontractor to set out or attach, whether in relation to a specific payment claim or all payment claims generally.
