Delivery of the Funds. If Notice is given and written approval from the County is received, Escrow Agent will disburse to the party or parties specified in the Notice the amount(s) specified in the Notice.
Delivery of the Funds. 1. Para los efectos de dar cumplimiento a este Xxxxxxx, el Mandante hace entrega en este acto al Mandatario, en los términos del Artículo 241 del Código de Comercio , de la cantidad de [___________] pesos, equivalente al día xx xxx a US$24.000.000 (veinticuatro millones de dólares de los Estados Unidos de América), según el valor del "Dólar Observado" publicado con esta fecha en el Diario Oficial (en adelante los "Fondos"). Lo anterior, mediante el depósito de los Fondos, en una cuenta especialmente abierta al efecto, en [____] y a nombre de [_____], lo que consta en el comprobante que se protocoliza con esta misma fecha en la Notaría xx Xxxxxxxx de don [____________], bajo el Repertorio número [___], con el objeto que el Mandatario administre los Fondos hasta el cabal y completo cumplimiento de este Xxxxxxx. Las partes dejan expresamente establecido que la ejecución del Xxxxxxx interesa al Banco, por formar parte éste de los denominados Acreedores. Madeco hereby gives to the Bank, under the terms of Article 241 of the Commercial Code, the amount of [___] Pesos equivalent on the date hereof to US$24,000,000 (twenty four million dollars of the Unites States of America) pursuant to the value of the "Dolar Observado" published in the "Official Gazette" on the date hereof (hereinafter the "Funds"). The delivery of the funds is performed by its deposit at [___] under the name [___] which is certified by the bank certificate that is registered with the Notary Public Mr. [___] under the Repertory number [___] on the date hereof. The Bank shall manage the Funds complying with all the provisions and instructions contained herein. Considering that the Bank is one of the Lenders, the parties hereto hereby acknowledge that the Bank is specially interested in the fulfillment of this Agreement.
Delivery of the Funds. Xxxx will immediately provide for a transfer to the bank account of Qnective at ___________; the amount of USD 2’000’000.00. Qnective will acknowledge receipt of that amount and acknowledge owing USD 2’000’000.00 to Xxxx, with reference to the present Agreement.
Delivery of the Funds a) No later than two (2) business days following date on which this Agreement is executed, each Subscriber shall wire transfer in Euros such Subscriber’s aggregate subscription price, with value date on the Closing Date, to the “augmentation de capital” bank account opened in the books of the Centralizing Agent in the name of the Company set forth in Exhibit III hereto and shall notify the Company of (i) the account from which the aggregate subscription price will be wired to the account of the Company opened in the books of the Centralizing Bank, and (ii) the account opened in the name of the Subscriber and to which the Shares or Warrants, as applicable, will be credited by the Centralizing Bank. Such notification shall be effected using the Form of Notice set forth in Exhibit II hereto.
Delivery of the Funds. Liberty agrees to accept payment (or reimbursement) for its incurred fees and expenses on the terms set forth in this paragraph 2, which amends and supersedes the installment provisions set forth in the Public Relations Agreement. CTI shall deposit, or have deposited on its behalf, an aggregate amount of up to $150,000.00 (the "Funds") into the Account as needed to satisfy the requirements for payment of fees and expenses under the Public Relations Agreement. At least monthly, the Administrator shall facilitate CTI's requirement to deposit into the Account such amount as is necessary to pay the sum of all approved expenses incurred or to be incurred or paid by Liberty for the invoice period. Liberty shall submit a proper invoice to the Administrator in advance of payment when possible, or for immediate reimbursement or payment of such expense incurred, but not to exceed five (5) business days for acceptance of the invoice. Said invoice shall include: explanation of service performed and classification of the persons performing this service and the method of calculating the fee; detail for expenses incurred identifying the item and purpose for which the expense is incurred; cost method for calculation of expense; and detail of expenses incurred for prior billing periods with any adjustments required if payments have been made on budgets in prior months. Faxed copies of invoices shall be sufficient. Some billing periods may include invoices for expenses from prior months, such as telephone companies, internet services, advertising services, but the Administrator shall receive invoicing copies within sixty (60) days for payment of any expense. Liberty may submit a monthly budget to the Administrator estimating costs to be incurred, and the Administrator shall review and discuss the budget with Liberty and make such adjustments as the Administrator deems advisable, approving the remaining budget for payment. If the Administrator has approved any budget, all of those expenses shall be deemed approved and paid when incurred or in advance. If payment is made in advance, Liberty shall provide invoices upon performance of services or receipt of invoices for expenses. Liberty shall include in a monthly expense budget an estimate of travel related expenses to be incurred for a maximum of $5,000.00 per month, subject to approval by the Administrator (with counsel from CTI management). Liberty shall detail any services which its employee(s) will charge based on hourly ...
Delivery of the Funds. The Funds shall be paid as follows:
