Election of Payment Method Sample Clauses

Election of Payment Method. A Class Member who submits a Valid Claim may elect to receive payment by mailed check or electronic distribution (e.g., Paypal or Venmo). If no election is made, payment shall be sent by check, which will expire 180 days after mailing.
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Election of Payment Method. Under section 1876(a) of the Act of the Organization may elect a method of payment for which it is eligible and qualified and will be accordingly governed by the statute and regulations which pertain to that method. The Organization agrees to receive payment: (initial one selection below) ______ 1. On a risk basis under section 1876(g) of the Act, subject to the provisions of the Article V;
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Election of Payment Method. BC SPCA will supply Microchips to the Affiliate Organization as follows (elect one of the following two options by checking the applicable box): □ OPTION A: BC SPCA will use reasonable efforts to supply Microchips to the Affiliate Organization as and when requested by the Affiliate Organization in such quantities as requested by the Affiliate Organization and agreed to by BC SPCA in its sole discretion. For greater certainty, the Affiliate Organization will not be required to make payment for the Microchips at the time of shipping (other than the payment of shipping costs), but will be subject to the payment obligations described below. If the Affiliate Organization has any outstanding balance owing to BC SPCA, BC SPCA may refuse to supply Microchips until such balance is paid in full. The Affiliate Organization hereby grants to BC SPCA a security interest in the Microchips shipped to the Affiliate Organization until such time as payment for such Microchips is made in full by the Affiliate Organization (as provided for below). The Affiliate Organization will implant one Microchip supplied by BC SPCA in each animal which it puts up for adoption and will charge to the adopting individual either: (a) a $12 fee, of which $9 will be remitted to BC SPCA within 30 days of receipt of an invoice for such amount from BC SPCA. The $12 fee will entitle the adopting individual to a one- year subscription to the BC Pet Registry; or (b) a $45 fee, of which $30 will be remitted to BC SPCA within 30 days of receipt of an invoice for such amount from BC SPCA. The $45 fee will entitle the adopting individual to a lifetime (during the life of the adopted animal) subscription to the BC Pet Registry. The Affiliate Organization acknowledges that BC SPCA may monitor the registrations to the BC Pet Registry originating from the Affiliate Organization for the purpose of ensuring that the Affiliate Organization has complied with its payment obligations under this Section. Upon termination of this Agreement, the Affiliate Organization will promptly return to BC SPCA all Microchips which were supplied by BC SPCA and which have not been implanted in animals as of the effective date of such termination. □ OPTION B: BC SPCA will use reasonable efforts to supply Microchips to the Affiliate Organization as and when requested by the Affiliate Organization at a purchase price of $4.50 per Microchip plus applicable taxes. BC SPCA will have no obligation to ship the Microchips until the Affili...
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Related to Election of Payment Method

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within ____ business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other ______________________ basis. If the Subcontractor completes the Services to the satisfaction of the Contractor, before the full amount or balance has been fully paid, any remaining amount shall be payable immediately. ☐ - Other: ________________________________________________________

  • Termination of Payment Fund Any portion of the Payment Fund that remains undistributed to the holders of Certificates and Book Entry Shares for twelve months after the Effective Time shall be delivered by the Paying Agent to the Parent, upon demand, and any holder of a Certificate or Book Entry Shares who has not theretofore complied with this Article II shall thereafter look only to the Parent for payment of the Merger Consideration, but shall have no greater rights against the Parent than may be accorded to general unsecured creditors of the Parent under applicable law.

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following:

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C. 1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Termination of Payments Notwithstanding section 2.2, no payments shall be due to Purchaser xXxx Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple. We refer to the result of this multiplication as the “Maximum Payment Amount.”

  • Settlement Method Election Physical Settlement, Cash Settlement, or Net Share Settlement, at the election of Counterparty as set forth in a Settlement Notice that satisfies the Settlement Notice Requirements; provided that Physical Settlement shall apply (i) if no Settlement Method is validly selected, (ii) with respect to any Settlement Shares in respect of which Dealer is unable, in good faith and in its commercially reasonable discretion, to unwind its commercially reasonable hedge by the end of the Unwind Period (taking into account any Additional Transactions with overlapping “Unwind Periods” (as defined in the applicable Additional Confirmations)) (A) in a manner that, in the reasonable discretion of Dealer, based on advice of counsel, is consistent with the requirements for qualifying for the safe harbor provided by Rule 10b-18 under the Exchange Act (“Rule 10b-18”) or (B) in its commercially reasonable judgment, due to the occurrence of five or more Disrupted Days or to the lack of sufficient liquidity in the Shares on any Exchange Business Day during the Unwind Period, (iii) to any Termination Settlement Date (as defined under “Termination Settlement” in Paragraph 7(g) below) and (iv) if the Final Date is a Settlement Date other than as the result of a valid Settlement Notice, in respect of such Settlement Date; provided, further, that, if Physical Settlement applies under clause (ii) immediately above, Dealer shall provide written notice to Counterparty at least two Scheduled Trading Days prior to the applicable Settlement Date.

  • Allocation of Payments The Assignor and the Assignee agree that (i) the Assignor shall be entitled to any payments of principal with respect to the Assigned Interest made prior to the Assignment Date, together with any interest and fees with respect to the Assigned Interest accrued prior to the Assignment Date, (ii) the Assignee shall be entitled to any payments of principal with respect to the Assigned Interest made from and after the Assignment Date, together with any and all interest and fees with respect to the Assigned Interest accruing from and after the Assignment Date, and (iii) the Agent is authorized and instructed to allocate payments received by it for account of the Assignor and the Assignee as provided in the foregoing clauses. Each party hereto agrees that it will hold any interest, fees or other amounts that it may receive to which the other party hereto shall be entitled pursuant to the preceding sentence for account of such other party and pay, in like money and funds, any such amounts that it may receive to such other party promptly upon receipt.

  • Timing of Payment Notwithstanding anything herein to the contrary, if the date on which any payment is to be made pursuant to this Indenture or the Notes is not a Business Day, the payment otherwise payable on such date shall be payable on the next succeeding Business Day with the same force and effect as if made on such scheduled date and (provided such payment is made on such succeeding Business Day) no interest shall accrue on the amount of such payment from and after such scheduled date to the time of such payment on such next succeeding Business Day and the amount of any such payment that is an interest payment will reflect accrual only through the original payment date and not through the next succeeding Business Day.

  • Distribution of Payments On and after the Effective Date, the Agent shall make all payments under the Loan Documents in respect of each Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to Assignee.

  • Reduction of Payments Any reduction under Subsection (b) above shall be applied first to Payments that constitute “deferred compensation” (within the meaning of Section 409A of the Code and the regulations thereunder). If there is more than one such Payment, then such reduction shall be applied on a pro rata basis to all such Payments. Subject to the foregoing rules, the Employee may elect, in the Employee’s sole discretion, which and how much of the Payments shall be eliminated or reduced (as long as after such election the aggregate present value of the Payments equals the Reduced Amount) and shall advise the Company in writing of the Employee’s election within 10 business days of receipt of notice. If no such election is made by the Employee within such 10-day period, then the Company may elect which and how much of the Payments shall be eliminated or reduced (as long as after such election the aggregate present value of the Payments equals the Reduced Amount) and shall notify the Employee promptly of such election. For purposes of this Section 3, a present value shall be determined in accordance with Section 280G(d)(4) of the Code. All determinations made by the Accounting Firm under this Section 3 shall be binding upon the Company and the Employee and shall be made within 10 business days of the date when a Payment becomes payable or transferable. As promptly as practicable following such determination and the elections hereunder, the Company shall pay or transfer to or for the benefit of the Employee such amounts as are then due to the Employee and shall promptly pay or transfer to or for the benefit of the Employee in the future such amounts as become due to the Employee.

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