DATE FOR PAYMENT Sample Clauses

DATE FOR PAYMENT. 4.1 Where a Tax Schedule Claim involves the Buyer or a Group Company having a liability to make a payment to any Tax Authority, the Seller shall pay to the Buyer in cleared funds the amount claimed on or before the later of the fifth (5th) Business Day after demand is made for such payment and the second (2nd) Business Day before the date on which the amount in question is due and payable to the relevant Tax Authority without any interest, penalty, fine or surcharge arising in respect of it. 4.2 Where a Tax Schedule Claim is in respect of the non-availability of a right to repayment of or in respect of Tax, the Seller shall pay to the Buyer in cleared funds the amount in question on the later of the fifth (5th) Business Day after demand is made for such amount to be paid and the fifth (5th) Business Day after the date on which the Tax or the amount in respect of Tax would have been repaid but for that non-availability. 4.3 Where a Tax Schedule Claim is in respect of the utilisation or set-off of a Relief, the Seller shall pay to the Buyer in cleared funds the amount in question on the later of the fifth (5th) Business Day after the date on which the Tax in question would have been due and payable (without any interest, penalty, fine or surcharge arising in respect of it) but for such utilisation or set-off on the fifth (5th) Business Day after demand is made for such amount to be paid. 4.4 Where a Tax Schedule Claim is in respect of a loss of an Accounts Relief (other than a right to repayment of or in respect of Tax), the Seller shall pay to the Buyer in cleared funds the amount claimed on or before the later of the second (2nd) Business Day before the date on which the Buyer or the relevant Group Company is due to pay (without any interest, penalty, fine or surcharge arising in respect of it) any Tax which it would not have had to pay but for the loss of the Accounts Relief on the fifth (5th) Business Day after demand is made for such amount to be paid. 4.5 Where the Seller is liable to make any payment under this Schedule, the date for the payment of which is not determined pursuant to the foregoing provisions of this Paragraph 4.5 of this Schedule 8, the Seller shall pay to the Buyer in cleared funds the amount in question on the fifth (5th) Business Day after demand is made for such amount to be paid.

DATE FOR PAYMENT. Any invoice under this Agreement must be paid in full on or before the Due Date. Except as otherwise provided in this Agreement, “

DATE FOR PAYMENT. Subject to clause 11.4 and the terms of the applicable Statement of Work, if the Purchasing Agency receives a Valid Tax Invoice: (a) on or before the 3rd Business Day of the month, the Purchasing Agency must pay that Valid Tax Invoice by the 20th calendar day of that month; or (b) after the 3rd Business Day of the month, the Purchasing Agency must pay that Valid Tax Invoice on or before the 20th calendar day of the month following the month it is received.

DATE FOR PAYMENT. The Authority shall pay to the Contractor the Termination Sum, together with any interest at the Prescribed Rate on or before the date falling forty (40) Business Days after the Termination Date.

DATE FOR PAYMENT. 5.1 Subject to paragraphs 5.2 and 5.3, the due date for payment by the Sellers of any sum due under this Schedule shall be: 5.1.1 in the case of any Tax Liability which involves an actual payment of Tax, the later of (i) 3 Business Days before the amount of the Tax Liability is due and payable and (ii) 10 Business Days after a demand in writing is served on the Sellers by the Buyer; and 5.1.2 in the case of any Tax Liability which does not involve an actual payment of Tax, on the date which is 10 Business Days after a demand in writing is served on the Sellers by the Buyer, such demand to be accompanied by a copy of a certificate from the auditors of the relevant Group Company (obtained or procured to be obtained by and at the expense of the Buyer) to the effect that the Sellers have a liability of a stated amount in respect of such Tax Liability. 5.2 If the date on which the Tax can be recovered by the relevant Tax Authority is deferred following application to such Tax Authority, the date for payment by the Sellers shall be 3 Business Days before the later of (i) (a) such later date when the amount of Tax is finally and conclusively determined, or a decision of a court or tribunal is given or any binding agreement or determination is made from which either no appeal lies or in respect of which no appeal is made within the prescribed time limit and (b) if earlier, the date on which such Tax is lawfully recoverable by the relevant Tax Authority, and (ii) 10 Business Days after a demand in writing is served on the Sellers by the Buyer. 5.3 If a payment or payments to the relevant Tax Authority prior to the date otherwise specified by this paragraph would avoid or minimise interest or penalties, the Sellers may at their option pay the whole or part of the amount due to the Buyer on an earlier date or dates, and, in such event, the Buyer shall procure that the Tax in question (or the appropriate part of it) is promptly paid to the relevant Tax Authority.

DATE FOR PAYMENT. Where any amount is required to be paid to the Purchaser by the Vendors in respect of an Actual Tax Liability the Vendors shall pay such amount in cleared funds three Business Days before the date on which the Tax in question is due for payment to the relevant Tax Authority or if later ten Business Days following the date on which the Purchaser notifies the Vendors of its liability to make such payment.

DATE FOR PAYMENT. 8.1 A payment to be made by the Warrantors under the Tax Covenant or for breach of any of the Tax Warranties shall be made in cleared funds on the following dates: (a) in the case of an amount under paragraphs 4(a), 4(c) and 4(e) to 4(j) (inclusive) on or before the later of: (i) seven days after written demand for that payment; and (ii) seven days before the date on which the Tax is finally due to the Tax Authority demanding that amount; (b) in the case of an amount in respect of an Effective Tax Liability within paragraph 2.2(a) on or before the later of: (i) seven days after written demand for that payment; and (ii) seven days before the date on which Tax becomes payable which would have been saved if no liability had arisen under paragraph 4(a) of the Tax Covenant or, in the case of a repayment of Tax, the date on which that repayment would have been made; (c) in the case of an amount in respect of an Effective Tax Liability within paragraph 2.2(b), on or before the later of: (i) seven days after written demand for that payment; and (ii) seven days before the date on which the Tax saved thereby would otherwise have become due and payable to the relevant Tax Authority; (d) in the case of an amount under paragraphs 4(d) and 4(i) on or before the later of: (i) seven days of the Buyer giving written notice of the costs and expenses to the Warrantors; and (ii) seven days before the date on which the costs and expenses are due for payment. (e) in the case of any claim for breach of any of the Tax Warranties seven days after demand is made.

DATE FOR PAYMENT. The amount payable by Enbridge pursuant to Section 3(a) shall be paid upon the occurrence of the latest of: (1) subject to Section 6 and the next sentence, 15 Business Days after the receipt by Enbridge of a notice from Management accompanied by its computations in accordance with Section 6; (2) if any such indemnity payment relates to an Indemnifiable Event that is contested pursuant to Section 5, 15 Business Days after the date of a Final Determination with respect to such Indemnifiable Event; and (3) in the case of, and to the extent such amount payable by Enbridge pursuant to Section 3(a) relates to, the redemption or other disposition of the MLP I-Units, and subject to Section 6 and the next sentence, 15 Business Days after the redemption or other disposition of the MLP I-Units. The date required for payment pursuant to the preceding sentence shall be delayed until 15 Business Days after delivery to Enbridge of any verification requested pursuant to Section 6.

DATE FOR PAYMENT. 3.1 Without prejudice to clauses 1.3 and 1.4 of this Deed, Where the Vendors become liable to make any payment pursuant to this Deed, the due date for the making of that payment shall be: (a) where that payment relates to a liability on the part of the Purchaser or the Company to pay an amount of or in respect of Taxation, the fifth Business Day prior to the date on which that amount must be paid to the Taxing Authority concerned in order to avoid incurring a liability to interest or a charge or penalty in respect of such Taxation; and (b) in any case under 1.1(f) or (g), the date falling five Business Days after the date when the Vendors have been notified by the Purchaser or the Company that the Vendors have a liability for a determinable amount pursuant to this Deed. 3.2 If any payment required to be made by the Vendors pursuant to this Deed is not made by the due date then the amount payable shall carry interest from the due date until the date when payment is actually made at the rate of 2% above the base rate from time to time of Barclays Bank PLC.

DATE FOR PAYMENT. Any invoice under this Agreement must be paid on or before the Due Date. Except as otherwise provided in this Agreement, Due Date means the later of: (a) the 20th day of the month in which the invoice is issued or the next Business Day if the 20th day of the month is not a Business Day; or (b) five Business Days from the date the invoice is received by the Customer (including the day of receipt as the first Business Day if the invoice is received prior to 10.00 am on a Business Day).