Deposits and Other Assurances of Payment Sample Clauses

Deposits and Other Assurances of Payment. Applicants for Service or existing Customers whose financial condition is neither known nor acceptable to the Company may be required at any time to provide the Company with a deposit, bond or other financial assurance of payment as a condition of the initial or continued receipt of Service. A deposit may be in cash or equivalent, up to an amount equal to the applicable installation charges, if any, or up to three (3) month’s actual or estimated monthly recurring and usage charges for the Service(s) requested or provided. Company also may request a deposit, bond or other financial assurance relating to potential charges assessed by third parties, if Company deems such is necessary or advisable. Other forms of financial assurance include, without limitation, advance payments, third party guarantees, pledges or other grants of security interests in Customer assets. Any financial assurance required by the Company may be adjusted as a result of changing conditions, including Customer’s Service usage volumes and patterns. In addition, the Company may require an applicant or Customer to pay its Service invoices within a lesser period of time than the standard and to make its payments in cash or by wire transfer in the equivalent of cash. The Company will pay simple interest at the rate of three percent (3%) per annum for the period during which it holds a Customer’s cash deposit, unless a different rate of interest is established and applicable in the jurisdiction in which Service is provided. The Company may refund a deposit at any time to Customer by crediting it, with accrued interest, against the Customer’s account. The Company may refuse to accept a request for Service, cease processing a Service request, or suspend or terminate Service if Customer refuses or fails to comply with any Company request for a security deposit or other assurance of payment.
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Deposits and Other Assurances of Payment. Company may require Customers with an unknown or unacceptable financial condition at any time to provide the Company with a deposit or other financial assurance of payment as a condition of the initial or continued receipt of Service. Company may establish or adjust any financial assurance required by the Company as a result of changing conditions, including Customer’s Service usage volumes and patterns. In addition, the Company may require an applicant or Customer to pay Service invoices within a shorter period of time than the standard and to make payments by wire transfer in the equivalent of cash. The Company will pay no interest for the period during which it holds a Customer’s cash deposit, unless required by law. The Company may refund a deposit at any time to Customer by crediting it, with accrued interest, against the Customer’s account. The Company may refuse to accept a Service Request, cease processing a Service Request, or suspend or terminate Service if Customer refuses or fails to comply with any Company request for a security deposit or other assurance of payment.
Sample 1

Related to Deposits and Other Assurances of Payment

  • Rent and Other Payments This paragraph contains detailed commercial terms. ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

  • PAYMENT OF OTHER HOUSING CANCELLATION FEES AND OTHER ASSESSMENTS Except for rental charges, all housing charges, including but not limited to cancellation fees, rekey fees, and any other non-rental housing charge are due and payable when billed.

  • Fees and Other Charges (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

  • Rent and Other Charges Base Rent, Taxes, Operating Expenses, and any other amounts which Tenant is or becomes obligated to pay Landlord under this Lease or other agreement entered into in connection herewith, are sometimes herein referred to collectively as "Rent," and all remedies applicable to the non-payment of Rent shall be applicable thereto. Rent shall be paid at any office maintained by Landlord or its agent at the Property, or at such other place as Landlord may designate.

  • SPECIAL AND OTHER LEAVE 33 20.1 Bereavement Leave 33 20.2 Special Leave 33 20.3 Family Illness 34 20.4 Full-Time Union or Public Duties 34 20.5 Leave for Court Appearance 34 20.6 Leave for Writing Examinations 35 20.7 Leave for Taking Courses 35 20.8 Education Leave 35 20.9 Elections 35 20.10 General Leave 35 20.11 Leave for Medical and Dental Care 35 20.12 Donor Leave 36 20.13 Other Religious Observations 36 20.14 Child Care Expenses 36 20.15 Definition of Child 37 20.16 Compassionate Leave 37 ARTICLE 21 - MATERNITY LEAVE 37 21.1 Maternity Leave 37 21.2 Parental Leave 37 21.3 Request for Leave 38 21.4 Benefits Continuation 38 21.5 Return to Work 38 21.6 Entitlements Upon Return to Work 38 21.7 Sick Leave Credits 38 21.8 Paternity Leave 38 ARTICLE 22 - OCCUPATIONAL HEALTH AND SAFETY 39 22.1 Conditions 39 22.2 Safety Committee 39 22.3 Injury Pay Provision 39 22.4 Transportation of Incident Victims 39 22.5 Pollution Control 39 22.6 Investigation of Incidents 39 22.7 Occupational First Aid Requirements 40 22.8 Occupational Health and Safety Courses 40 22.9 Work Restrictions 40 22.10 Controlled Products, Hazardous Waste, Pesticides and Harmful Substances 41 22.11 Communicable Disease Protection 41 ARTICLE 23 - TECHNOLOGICAL CHANGE 41 23.1 Definition 41 23.2 Notice 42 23.3 Data to be Provided 42 23.4 Notice to Functional Work Xxxx 00 23.5 Consultations 42 23.6 Resulting Agreements 43 23.7 Failure to Agree 43 (iv) 23.8 Effect of Dispute Resolution or Introduction of Technological Change 43 ARTICLE 24 - CONTRACTING OUT 43 24.1 No Contracting Out 43 24.2 Contracting/Leasing 43 ARTICLE 25 - HEALTH AND WELFARE 43 25.1 Basic Medical Insurance 43 25.2 Extended Health Care Plan 43 25.3 Dental Plan 44 25.4 Group Life 45 25.5 Long-Term Disability 45 25.6 Chiropractor/Massage Therapist Fees 45 25.7 Workers' Compensation Board Claims 45 25.8 Medical Examination 45 25.9 Legislative Changes 45 25.10 Employee and Family Assistance Program 46 25.11 Definition - Full-Time 47 25.12 Payment in Lieu of Health and Welfare Benefits 47 25.13 Employment Past Age 65 – Group Benefits 47 ARTICLE 26 - WORK CLOTHING 47 26.1 Supply of Clothing 47 26.2 Maintenance of Clothing 47 ARTICLE 27 - PAYMENT OF WAGES AND ALLOWANCES 48 27.1 Equal Pay 48 27.2 Paydays 48 27.3 Retroactive Pay 48 27.4 Rates of Pay 48 27.5 Substitution Pay 48 27.6 Pay on Temporary Assignment 49 27.7 Reclassification of Position 49 27.8 Transportation for Employees 49

  • Financial and Other Covenants Borrower shall at all times comply with the financial and other covenants set forth in the Schedule.

  • Non-Reliance on Administrative Agent and Other Lenders Each Lender and the L/C Issuer acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and the L/C Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder.

  • Insurance and Other Benefits During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in the Company’s insurance programs and any ERISA benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be entitled to paid personal days on a basis consistent with the Company’s other senior executives, as determined by the Board. The Executive shall be bound by all of the policies and procedures established by the Company from time to time. However, in case any of those policies conflict with the terms of this Agreement, the terms of this Agreement shall control.

  • Parental leave and other entitlements An employee may in lieu of or in conjunction with parental leave, access any annual leave or long service leave entitlements which they have accrued subject to the total amount of leave not exceeding 52 weeks.

  • Commission and Other Charges Before you begin to trade, you should obtain a clear explanation of all commission, fees and other charges for which you will be liable. These charges will affect your net profit (if any) or increase your loss.

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