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.
5.2 The Company shall send its staff to check for the quality of completion of the Project(s) together with the Client. The Client shall pay for the Company’s Services within 90 days upon the completion of the Project(s) to the satisfaction of the Client.
5.3 The Company shall be entitled to the receivables from the Client for the percentage of Work completed. The date of payment of such Work is stated in the Termsheets and unless the Company is not satisfied with the quality of Work completed and/or the Client has not fulfilled the terms and conditions specified under the Termsheets.
Consideration Payment. Department agrees to pay a daily per diem rate where "daily" means each day, or part of a day, including the first but not the last day of program participation/confinement. This applies to each subsection listed below. Department shall compensate Contractor for successful delivery of services provided in the following manner:
Consideration Payment. The consideration paid to Contractor is the entire compensation for all Work performed under this Agreement, including all of Contractor's approved reimbursable expenses incurred, such as travel and per diem expenses, unless otherwise expressly provided, as set forth in Exhibit 8 (Fees, Pricing and Payment Terms).
Consideration Payment. 5.1 In consideration of the aforesaid the Buyer has agreed to make payment of an aggregate sum of Rs. /- (Rupees Only) (hereinafter called the CONSIDERATION AMOUNT) (which amount includes the cost of construction of the said Flat, common parts and facilities).
5.2 The said consideration amount to be paid in respect of the said Flat shall be paid in the manner provided for in the FOURTH SCHEDULE hereunder written.
5.3 The entirety of the consideration amount will be paid to the Seller and all amounts paid to the Seller shall be a complete discharge of the obligation of the Buyer to make payment under this agreement and/or in respect of the said Flat.
5.4 In addition to the aforesaid consideration the Buyer has also agreed 71to pay to the Seller charges if any in respect of:
i) Charges for providing any additional work in and/or relating to the said Flat at the request of the Buyer and for providing any additional facilities or utility for the said Flat shall be paid borne and discharged by the Buyer.
ii) All betterment fees taxes and other levies charges imposed by the Government or any other authority relating to the said Premises and/or the said Flat shall be paid and borne by the Buyer proportionate to his/ her/ its interest therein.
5.5 Time for payment shall always remain as the essence of the contract. In the event of any default on the part of the Buyer in making payment of any of the amounts agreed to be paid in terms of this Agreement the Seller shall be entitled to claim interest at the rate of 18% per annum on the amount remaining outstanding subject to what is hereinafter appearing.
5.6 In the event of any default on the part of the Buyer in making payment of any of the amounts in terms of this Agreement and if such default shall continue for a period of Sixty days from the same becoming due the Seller shall be entitled to and are hereby authorized to determine and/or rescind this Agreement and forfeit a sum equivalent to ten percent of the consideration amount as and by way of predetermined liquidated damages and the Buyer hereby consents to the same and refund the balance upon the Seller entering into an agreement for sale with another person in respect of the said Flat. Upon such termination the Buyer shall cease to have any right or claim under this Agreement and/or in respect of the said Flat and the Seller shall be entitled to enter into agreements for sale and transfer with any other person or persons without any claim on the part of the ...
Consideration Payment. 4.1 In lieu of the consideration mentioned in PART – I of the THIRD SCHEDULE hereto (hereinafter referred to as the “Consideration Amount”) to be paid by the Purchaser to the Owners/Developers in the manner set out in PART – II thereof, the Owners/Developers agrees to construct and sell to the Purchaser the said Unit described in the SECOND SCHEDULE, it being recorded that the Purchaser has informed the Owners/Developers that such payment schedule is more convenient to the Purchaser.
4.2 The Purchaser has been informed that the total consideration amount payable by the Purchaser to the Owners/Developers as stated under the Third Schedule has been arrived at on the basis of the Super Built up Area of the said flat as mentioned in clause 1.21 above and the Purchaser has fully understood the same and hereby agrees and consents to the same.
4.3 The Purchaser has also agreed to pay to the Owners/Developers in addition to the consideration amount hereinabove mentioned, all charges and costs for any alterations/additions in the said Unit or any other extra facilities with specifications in construction etc. which the Owners/Developers may on a later date decide to provide, which is presently not taken into consideration and further proportionately all applicable statutory outgoing and expenses including the costs, charges and expenses for revision of the plan to the extent it relates to such alteration, all betterment fees, taxes and other levies/ charges imposed by the Government or any other authority relating to the said Premises and/or the said Unit and shall also pay wholly the sales tax, service tax, G.S.T or any tax payable under the Works Contracts Tax or any other tax (but excluding Income Tax) of the amounts payable to the Owners/Developers.
4.4 In addition to the aforesaid consideration amount, the Purchaser shall also deposit with the Owners/Developers the amounts as detailed under the SIXTH SCHEDULE hereunder written and payment of such amounts shall be made at or before taking possession of the said Unit. In case the exact liability on any head cannot be quantified, then the payment shall be made according to the Owners/Developers’s reasonable estimation subject to subsequent accounting and settlement within a reasonable period.
4.5 Time for payment shall be the essence of the contract. The Purchaser agrees and covenants not to claim any right of possession over and in respect of the said Unit till such time the Purchaser has made and/or deposited a...
Consideration Payment. In consideration of the License granted and the other Services (as hereinafter defined) provided pursuant to this Agreement, Licensee or an Affiliate of Licensee has paid or caused to be paid to Licensor an aggregate of Two Million Five Hundred Thousand U.S. Dollars ($2,500,000) (the “Payment”), of which $2,000,000 (the “USA Payment”) was paid to Licensor on behalf of Licensee and its Affiliate TO LLC. Licensor hereby acknowledges that (a) the Payment was made timely, and constitutes full payment of all obligations under Section VII of the MOU (as defined herein), and (b) that portions of such USA Payment shall be allocated to Licensee and TO LLC as payment of consideration pursuant to this Agreement and the US Medical Cannabis License Agreement, as determined by Licensee and its Affiliates, without duplication. No royalties or other payments are required hereunder.
Consideration Payment. In consideration of the License granted and the other Services (as hereinafter defined) provided pursuant to this Agreement, Licensee or an Affiliate of Licensee has paid or caused to be paid to Licensor an aggregate of Two Million Five Hundred Thousand U.S. Dollars ($2,500,000) (the “Payment”), of which $500,000 (the “Cayman Payment”) was paid to Licensor on behalf of Licensee. Licensor hereby acknowledges that the Payment was made timely, and constitutes full payment of all obligations under Section VII of the MOU (as defined herein). No royalties or other payments are required hereunder.
Consideration Payment. 2.1 In consideration for consulting services provided by the Consultant to the Company hereunder, the Company shall pay to the Consultant a consulting fee of $[ ] per hour for each hour devoted to consulting for the Company as provided hereunder (“Consulting Hour”). Unless otherwise agreed to in writing by the parties, the Consultant’s consulting time shall not include travel time.
2.2 In addition to any consulting fees due to the Consultant pursuant to Section 2.1 above, the Company will reimburse reasonable out-of-pocket expenses (including reasonable travel expenses) actually incurred by the Consultant in the course of performing the consulting services hereunder, in compliance with the Company’s travel policies for its officers and subject to customary written verification of such expenses in a form reasonably satisfactory to the Company, within thirty (30) business days after the Company’s receipt from the Consultant of a proper written invoice therefore.
2.3 The Consultant shall provide to the Company a written invoice of any services provided by Consultant and the date and time spent on such consulting services.
2.4 The Consultant and Company agree that the time spent on services Consultant is expected to perform under this Agreement will not exceed 20% of the average level of time spent on services Consultant performed for the Company over the immediately preceding three-year period.
2.5 The Consultant will not be eligible for, nor will participate in, any health, pension, or other employee benefit plan sponsored or established by the Company for the benefit of its employees.
Consideration Payment. On the Commencement Date, Tenant is paying as provided for in Section 3.1 a payment which (i) is consideration for the execution and delivery of the Option by Landlord, (ii) is non-refundable and (iii) will be retained by Landlord notwithstanding any other provision of this Lease.
Consideration Payment. The aggregate consideration (collectively, the “Purchase Price”) to be paid by Purchaser for the purchase of the Acquired Assets shall be: (i) the assumption of Assumed Liabilities and (ii) a cash payment in an amount equal to forty five million United States Dollars ($45,000,000) (the “Cash Consideration”). At the Closing, Purchaser shall deliver, or cause to be delivered, to Sellers Cash Consideration less the Deposit (the “Closing Date Payment”) and shall assume the Assumed Liabilities. The Cash Consideration and any payment required to be made pursuant to any other provision hereof shall be made in cash by wire transfer of immediately available funds to such bank account as shall be designated in writing by the applicable Party to (or for the benefit of) whom such payment is to be made at least two (2) Business Days prior to the date such payment is to be made.
