Consideration and Payment Terms. The Parties hereto understand that the fees and royalties payable by Licensee to Licensors under this Agreement are partial consideration for the license granted under this Agreement. Licensors acknowledge and agree that all payments to be made under or in connection with this Agreement shall be made to Foundation on behalf of Licensors, and Licensee does not have an obligation to make payments directly to PSRF unless specifically agreed to otherwise by all the Parties in writing. Any sharing of such payments between the Licensors that is required under the IIA shall be the sole responsibility of Foundation.
Consideration and Payment Terms. The parties hereto understand that the fees and royalties payable by Licensee to Foundation under this Agreement are partial consideration for the license granted under this Agreement. Licensee will pay Foundation:
Consideration and Payment Terms. 3.1. Vendor shall make the payment for Sign-up fees as specified in Form (Annexure “A”) for the creation of Online Store/Panel at the time of execution of this Agreement. Payment of Sign- up fees shall be made 100% in advance, unless specified. The service tax if any shall be charged by the Company, at the applicable rates.
3.2. The said sign-up fee is a non- refundable fee for the creation of an account and access to Vendor Online Store/Panel on the Rejoiz Shopping website.
3.3. The Company shall collect the Payment on behalf of the Vendor in respect of the Orders received through Rejoiz Shopping Website. In consideration of the services rendered under these presents, the Company shall charge the Services charges to the Vendor at the rates specified by the Company in the Form i.e Annexure “A”.
3.3.1 The Company shall pay the Vendor an amount recovered as Price minus the (i) Service charges,(ii) minus sum of shipping charges paid by the Company, if any and (iii) minus Shipment cost in respect of approved ans processed order(s) through the Rejoiz Shopping website. The Shipment costs vary based on the product categories, materials used and Government regulated customs & duty revisions.However, in the event, the Vendor handles and pays for the Shipment costs of the Products and bears the shipping expenses ; the Company shall pay to the Vendor an amount recovered as Price minus the Service charges. Any amount to be paid to the Vendor by the Company shall be paid net of reversals.
3.4. In the event any order is reversed due to “Damaged product”, “Quality Issue”, “Not delivered” or “Wrong Item delivered”, Vendor agrees that the Company shall levy the Service charges, plus a penalty of the service charge of the product (upto a maximum limit of 5% of the price) and the said charges will be deducted from the amount due and payable to Vendor.
Consideration and Payment Terms. The total consideration for the acquisition is RMB20,738,200 (equivalent to approximately HK$26,251,000). The consideration equals the market value of the assets as at 31 December 2014 as determined by China Alliance Appraisal Co., Ltd (北京中同華資產評估有限公司), an independent third party property valuation company engaged by the Company. Pingwei Power Plant will pay Pingwei Maintenance Company a sum of RMB10,369,100 (equivalent to approximately HK$13,125,000) (50% of the total consideration) within 20 days after the date of the Pingwei Maintenance Asset Acquisition Agreement and a sum of RMB10,369,100 (equivalent to approximately HK$13,125,000) (the remaining 50% of the total consideration) within 20 days after completion of the assets transfer, failing which Pingwei Power Plant will be subject to a late payment penalty of 0.05% of the default amount per day. If payment is delayed for over 3 months from the due date for payment, Pingwei Maintenance Company will be entitled to terminate the Pingwei Maintenance Asset Acquisition Agreement and claim damages.
Consideration and Payment Terms. 4.1 In consideration for the rights granted under this Agreement, the Company, shall pay Licensors the following fees and payments:
Consideration and Payment Terms. 4.1 In consideration for the rights granted under this Agreement, the Licensee shall pay the Licensor the following fees and payments:
Consideration and Payment Terms. All Parties hereby agree that the purchase price of the Subject Shares shall be paid in the currency of US Dollar. The aggregate purchase price to be paid by the Purchaser shall be US$ 145,975,594 (hereinafter called “Consideration”), and the respective Consideration paid to each Seller shall be specified in Appendix 1. In the event that under laws of China, Seller has the obligation to pay the tax and also the Purchaser has the legal obligation to withhold the tax, then the Purchaser shall deduct the withholding tax from the Consideration in the payment. All Parties expressly acknowledge and agree that the Consideration shall be paid through SPV and the SPV shall hold the Subject Shares immediately following the closing of the Transaction.
Consideration and Payment Terms. In consideration for supply of Spare Parts, as shall be purchased by the IAA under any approved PO, the IAA shall pay the Supplier the price stipulated in the Supplier's Official Price List as at the date of order, less 10%.
Consideration and Payment Terms. The charges payable for the provisions of signal shall be based on the number of STBs issued to you for providing services to the subscribers.
(i) It is here by clarified that as per TRAI guidelines, we are required to arrange for you bills for subscription fees and other services if any on the subscriber. Such invoices to subscribers shall be raised on or before the 10th (Tenth) day of each month. We may provide a web login to access your invoices for printing and delivering to the subscriber. You shall on receipt of the invoices print the same and hand deliver/provides of copy to each subscriber the invoice for the applicable subscription fees that has been raised to such subscriber in such monthly/quarterly/annual basis as per data available in our subscriber Management System (SMS).
(ii) On or before the 25th (fifteenth) day of each month, you shall collect from each subscriber the applicable subscription fee, as per the invoice raised. we will raise invoice on you for subscription against content Broadcast Reproduction Rights’ Charges (BRR Charges) and dues and services for STBs availed by you .
(iii) You shall pay the full BRR Charges for each month to us in accordance with the invoice furnished by us. The BRR Charges will be based on the bouquets/channels and other services etc. subscribed by the subscriber .Failure on your part to make payment of the monthly BRR Charges within the due date as mentioned in our invoice shall make you liable to pay interest at the rate of 24 % (twenty four percent) per annum on the due amount for the period of delay in payment of the due amount in full.
(iv) The imposition and collection of interest on late payment does not constitute a waiver of the your obligation to pay the monthly BRR Charges by the due date, and we shall retain all other rights and remedies under this agreement and/or Applicable Laws, including without limitation, the right to terminate the agreement and disconnect/ deactivate the signal of the Bouquets/channels.
(v) Payment of all taxes levied will be made by us as per the term sheet. You shall have no right to withhold or claim adjustment /set off monthly BRR Charges under this agreement for any reason whatsoever (including but not limited to by virtue of any of alleged loss of Subscriber, counter claim against us, etc.).
(vi) Pre – Paid Services
(a) You may also offer pre-paid services to your subscribers.
(b) If you wish to offer pre-paid services to your Subscribers, you will be provided acc...
Consideration and Payment Terms. 1Consideration All prices and the detailed terms governing the consideration to be paid by the Customer for the deliverables provided by the Contractor are set out in Appendix 7. Disbursements shall only be reimbursed to the extent agreed. Travel and subsistence costs are to be specified separately, and are to be paid pursuant to the Government Travel Allowance Scale applicable at any given time, unless otherwise agreed. Travel time shall only be invoiced if this is agreed in Appendix 7. Unless otherwise specified in Appendix 7, all prices are quoted exclusive of Value Added Tax, but inclusive of customs duties and any other indirect taxes. All prices are quoted in Norwegian kroner. The prices also include insurance for the Contractor until the risk of accidental damage has been transferred to the Customer.
