Down Payments. Section 6.1. of the Agreement shall be amended and read as follows:
6.1. As consideration for the rights and licenses hereunder, EVOTEC shall pay to ROCHE a down payment in the amount of 6 Million US Dollars (US$6 Mio) payable before December 31, 2005 (“First Payment”). In addition, EVOTEC shall pay to ROCHE a second down payment in the amount of 2 Million US Dollars (US$2 Mio) payable before April 30, 2007 (“Second Payment”).”
Down Payments. 6.1. As consideration for the grant of the rights and licenses hereunder, EVOTEC shall pay to ROCHE a down payment in the amount of 6 Million US Dollars (US$6 Mio) payable before December 31, 2005 (“First Payment”). In addition, EVOTEC shall pay to ROCHE a second down payment in the amount of 2 Million US Dollars (US$2 Mio) payable before December 1, 2006 (“Second Payment”).
Down Payments. Dealer shall collect all amounts due from the Buyer in full as a down payment pursuant to a Contract purchased by SCUSA hereunder in the form of check, cash, or certified funds prior to SCUSA’s purchase of the Contract. It is expressly acknowledged, understood, and agreed by Xxxxxx and SCUSA that a credit card, check drawn on a credit card account, or any other credit transaction is not a valid form of down payment hereunder. If Dealer fails to collect the down payment in full in accordance with this Agreement prior to SCUSA’s purchase of the Contract, the Contract shall be subject to immediate Repurchase as defined below at any time during the life of the Contract upon verification by SCUSA of Dealers’ failure to collect the down payment in full. The assignment of a Contract hereunder shall not be deemed to have been completed until such time as Xxxxx’s financial institution account has been finally debited for any check or checks provided to Dealer by Buyer as a down payment in connection with such Contract. If Dealer accepts a check as a down pay- ment for a Contract and the check is returned for insufficient funds upon presentment for payment to the entity on which the check is drawn, the Contract shall be subject to immediate repurchase as defined herein. Dealer shall immediately notify SCUSA in writing if any down payment check for a Contract is returned for insufficient funds upon its presentment to the entity on which the check is drawn.
Down Payments. The Managing Member may either (A) make a request for a Voluntary Additional Contribution under Section 7.4(a)(ii) hereof (which Voluntary Additional Contribution shall be deemed to have been Approved by all of the Members) or (B) with the prior Approval of the Investor Member, use undistributed Net Cash Flow to post required down payments. In the event the Managing Member shall request a Voluntary Additional Contribution, the Members shall contribute their Percentage Interests of such additional capital within ten (10) days of receipt of such request from the Managing Member; provided, however, that the Managing Member may make the full down payment required, which payment shall be subsequently reimbursed to the Managing Member upon the contribution of the Investor Member of its Percentage Interest of such Voluntary Additional Contribution.
Down Payments. BUYER may opt to make a down payment to Xxxxx.XX for the BUYER’s purchase, in which case the down payment shall have the effect of reducing the total remaining payable amount that the BUYER will pay via bank account automatic debit arrangement.
Down Payments. 6.1 As consideration for the grant of rights and licenses hereunder, EVOTEC shall pay to ROCHE a down payment in the amount of **** payable before December 31, 2005 (“First Payment”). In addition, EVOTEC shall pay to ROCHE a second down payment in the amount of **** payable before December 1, 2006 (“Second Payment”). ”* Portions of this document marked with **** have been omitted pursuant to a request for confidential treatment submitted with the SEC.” evidence reasonably acceptable to demonstrate that EVOTEC has used Commercially Reasonable Efforts to develop the Compound and has not cured such lack of diligence within such period, then ROCHE shall have the right to terminate this Agreement for the Compound in question with immediate effect and Section 13. shall apply.
Down Payments. 6.1. As consideration for the grant of the rights and licenses hereunder, EVOTEC shall pay to ROCHE a down payment in the amount of **** payable before December 31, 2005 (“First Payment”). In addition, EVOTEC shall pay to ROCHE a second down payment in the amount of **** payable before December 1, 2006 (“Second Payment”).
7. Portions of this document marked with **** have been omitted pursuant to a request for confidential treatment submitted with the SEC.” **** ”* Portions of this document marked with **** have been omitted pursuant to a request for confidential treatment submitted with the SEC.” ****
Down Payments. After bidding has ended, the Commission will issue a public notice declaring the auction closed and identifying winning bidders, down payments and final payments due.
Down Payments. All subscribers will be required to make a refundable $110.00 down payment at the time of contract signing. This down payment is refundable to the customer if they cancel within the specified timeframe as shown in Exhibit 1. The Provider will also refund this down payment in the event the project does not ever reach the Commercial Operation date.
Down Payments. Client shall pay a First Down Payment in the amount of $ , by no later than . Client shall pay a Second Down Payment in the amount of $ , by no later than . The Total Fee balance due in the amount of $ shall be due and payable on or before .
