Earned and Payable Sample Clauses

Earned and Payable. A person is not obligated to pay Broker a commission until such time as Xxxxxx's commission is earned and payable. (1) Xxxxxx's commission is earned when Client enters into a binding written contract for the acquisition of property in the market area. (2) Xxxxxx's commission is payable, either during the term of this agreement or after it ends, upon the earlier of: (a) the closing of the transaction to acquire the property; (b) Client's breach of a written contract to purchase or lease a property in the market area; or (c) Client's breach of this agreement. (3) If Client acquires more than one property under this agreement, Broker's commissions for each property acquired are earned as each property is acquired and are payable at each closing of the properties acquired.
Sample 1
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Earned and Payable. A person is not obligated to pay Broker a commission until such time as Broker’s commission is earned and payable. Broker’s commission is earned when: (1) Buyer enters into a contract to buy a property in the ACTRIS Central Texas MLS area; or (2) Buyer breaches this Agreement. Broker’s commission is payable, either during the term of this Agreement or after it ends, upon the earlier of: (1) The closing of the transaction to acquire the property; (2) Buyer’s breach of a contract to buy a property in the ACTRIS Central Texas MLS area; or (3) Buyer’s breach of this Agreement.
Sample 1
Earned and Payable. Cooperating Broker’s Fee is earned at the time the lease is binding on the parties to the lease. Cooperating Broker’s fee is Payable (i) if Cooperating Broker is the procuring cause of the lease and (ii) when a lease is executed and/or when a sale closes between the parties. Listing/Principal Xxxxxx is not obligated to pay Cooperating Broker any fee if, through no fault of the Listing/Principal Xxxxxx and in the exercise of good faith and reasonable care, the Listing/Principal Xxxxxx is unable to collect its fee under the separate agreement with the property Owner/Landlord.
Sample 1
Earned and Payable. Xxxxxx’s compensation is earned when: (1) Client enters into a contract to buy or lease property in the market area; or (2) Client breaches this Agreement. Xxxxxx’s compensation is payable, either during the term of this Agreement or after it ends, upon the earlier of: (1) the closing of the transaction to acquire the property; (2) Client’s breach of a contract to buy or lease a property in the market area; or (3) Client’s breach of this Agreement. If Client acquires more than one property under this Agreement, Xxxxxx’s compensation for each property acquired are earned as each property is acquired and are payable at the closing of each acquisition.
Sample 1

Related to Earned and Payable

  • Xxxxxxxx and Payments Xxxxxxxx and payments shall be sent to the addresses set out in Appendix F hereto.

  • Measurement and Payment Temporary traffic control work, including, but not limited to installation and removal of portable signs, cones, drums, skinny drums, flaggers, AFAD’s, changeable message boards, truck mounted attenuators, flashing arrow boards, and pilot vehicles will be paid at the contract lump sum price for

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • Fees and Payments Registry Operator shall pay the Registry-Level Fees to ICANN on a quarterly basis in accordance with Section 7.2 hereof.

  • INVOICE AND PAYMENT A. Grantee will request payment using the State of Texas Purchase Voucher (Form B-13) on a monthly basis and acceptable supporting documentation for reimbursement of the required services/deliverables. Additionally, the Grantee will submit the Financial Status Report (FSR-269A) and the Match Certification Form (B-13A). Vouchers, supporting documentation, Financial Status Reports, and Match Certification Forms should be mailed or emailed to the addresses below. Department of State Health Services Claims Processing Unit, MC 1940 0000 Xxxx 00xx Xxxxxx P.O. Box 149347 Austin, TX 00000-0000 FAX: (000) 000-0000 EMAIL: xxxxxxxx@xxxx.xxxxx.xxx, Xxx.xxxxxxxxxxxxxx@xxxx.xxxxx.xxx & XXXXxxxxxxx@xxxx.xxxxx.xxx B-13, B-13A, and supporting documentation should be sent to: xxxxxxxx@xxxx.xxxxx.xxx, Xxx.xxxxxxxxxxxxxx@xxxx.xxxxx.xxx & XXXXxxxxxxx@xxxx.xxxxx.xxx FSRs should be sent to: xxxxxxxx@xxxx.xxxxx.xxx, Xxx.xxxxxxxxxxxxxx@xxxx.xxxxx.xxx, XXXXxxxxx@xxxx.xxxxx.xxx & XXXXxxxxxxx@xxxx.xxxxx.xxx B. Grantee will be paid on a monthly basis and in accordance with Attachment B, Budget. C. System Agency reserves the right, where allowed by legal authority, to redirect funds in the event of financial shortfalls. System Agency will monitor Xxxxxxx’s expenditures on a quarterly basis. If expenditures are below that projected in Grantee’s total Contract amount, Xxxxxxx’s budget may be subject to a decrease for the remainder of the Term of the Contract. Vacant positions existing after ninety days may result in a decrease in funds. X. Xxxxxxx may request a one-time working capital advance not to exceed 12% of the total amount of the Contract funded by System Agency. All advances must be expended by the end of the Contract term. Advances not expended by the end of the Contract term must be refunded to System Agency. X. Xxxxxxx will repay all or part of advance funds at any time during the Contract’s term. However, if the advance has not been repaid prior to the last three months of the Contract term, the Grantee must deduct at least one-third of the remaining advance from each of the last three months’ reimbursement requests. If the advance is not repaid prior to the last three months of the Contract term, System Agency will reduce the reimbursement request by one- third of the remaining balance of the advance.

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