Compliance and Payment Sample Clauses

Compliance and Payment. The obligation of RCO to pay any amount(s) under this Agreement is expressly conditioned on strict compliance with the terms of this Agreement and other agreements between RCO and the Sponsor.
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Compliance and Payment. The obligation of WUTC to pay any amount(s) under this agreement is expressly conditioned upon strict compliance with the terms of this agreement by the grantee.
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Compliance and Payment. The Borrower’s compliance with this Section 2.4(b) shall be tested from time to time by the Administrative Agent at its sole discretion, but in any event shall be tested on the date on which (A) the Borrower requests that the applicable Lenders make a Revolving Credit Loan, or (B) the Borrower requests that an Issuing Lender issue a Letter of Credit. Each such repayment pursuant to this Section 2.4(b) shall be accompanied by any amount required to be paid pursuant to Section 4.9. (e) From and after the Second Amendment to Limited Waiver Agreement Effective Date, the last sentence of Section 3.1(a) of the Credit Agreement is amended and restated in its entirety to read as follows: Notwithstanding anything to the contrary in this Agreement, the maximum amount of L/C Obligations that the Borrower shall be able to have at any time under this Agreement shall be $12,000,000 in the aggregate; provided, that if the Nuclear Services Letter of Credit is issued on or prior to April 20, 2016, the maximum amount of L/C Obligations that the Borrower shall be able to have at any time under this Agreement shall be $14,000,000 in the aggregate. (f) From and after the Second Amendment to Limited Waiver Agreement Effective Date, Section 4.13 of the Credit Agreement is hereby amended to read as follows:
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Compliance and Payment. (a) To the best of knowledge of the Company, it is in compliance in all material respects with all Applicable Laws in relation to its employees (and so far as relevant to each of its former employees), including all Applicable Laws relating to wages, hours, employment standards, collective bargaining, discrimination, safety and health, and workers’ compensation and under employee legislations. (b) The Company has not received any notice, claim in writing from any Governmental Authorities for the non-compliance of any labour laws which are open or disputed. (c) All salaries, wages and fees and other benefits of all employees of the Company, including statutory contributions, have, to the extent due, been paid or discharged in full.
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Related to Compliance and Payment

  • Billing and Payment The Price will be itemized and included on your bill from the DSP and is due and payable to the DSP on the same day your DSP bill is due. You will continue to be billed by your DSP taxes and other charges consistent with filed tariffs at the Illinois Commerce Commission to transmit and distribute the Retail Power supplied to you per this Agreement. You should continue to follow any bill payment procedures set forth between you and the DSP. You agree to accept the measurements as determined by the DSP for purposes of accounting for the amount of Retail Power services provided by Homefield Energy under this Agreement. If the DSP is unable to read your meter, the DSP will estimate your usage and your charges will be calculated accordingly and adjusted on a future bill. Homefield Energy’s ability to supply you under this Agreement is conditioned on the DSP accepting Homefield Energy’s enrollment of your account for consolidated billing and purchase of receivables by the DSP. If you are not eligible for your DSP’s consolidated billing and purchase of receivables, you will need to secure eligibility with your DSP before Homefield Energy can serve you. Should the DSP cease providing consolidated billing and purchase of receivables for your account and/or commence billing Homefield Energy for any charges relating to you, Homefield Energy will bill you directly and you will pay Homefield Energy for all such charges pursuant to the payment provisions specified in Homefield Energy’s bill.

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