Expenses and Payment Sample Clauses
The 'Expenses and Payment' clause defines how costs incurred under the agreement will be handled and the procedures for making payments. It typically outlines which party is responsible for specific expenses, the timing and method of payment, and any requirements for invoicing or reimbursement. For example, it may specify that one party will cover travel costs or that payments must be made within 30 days of receiving an invoice. This clause ensures both parties have a clear understanding of their financial obligations, reducing the risk of disputes over costs and payment terms.
Expenses and Payment. (a) Each Service shall be provided by Provider to the Recipients at Provider’s cost for such services. Any third-party expenses incurred by Provider in rendering Services hereunder and approved by Recipients in writing in connection with the provision of such Services shall be reimbursable by Recipients at Provider’s cost for such services. Provider shall use commercially reasonable efforts to ▇▇▇▇ any such third party expenses directly to the Recipients, and, in any event, shall provide Recipients with copies of any receipts, bills or other documentation evidencing such third party expenses.
(b) Provider shall submit monthly invoices to the Recipients for any reimbursable third-party expenses incurred for Services rendered hereunder and not billed directly to Recipients, which invoices shall be payable within thirty (30) days of Recipients’ receipt of such invoices.
Expenses and Payment. In consideration of the performance by the CONTRACTOR of its obligations under this CONTRACT the CPS shall pay to the CONTRACTOR the CONTRACT PRICE in accordance with Schedule 2 (“FEES AND CHARGES”) of this CONTRACT.
Expenses and Payment. 1. Party A shall pay Party B the comprehensive service fee in the following ways:
(1). Party A shall pay Party B $400,000 as the comprehensive service fee. After signing, pay $120,000 at the same day immediately and the other $280,000 should be paid after up listing to NASDAQ.
(2). After the up listing, Party A should give Party B suitably reward. This reward will be used as the maintenance fee of the next half year.
2. As for the going public underwriting fee to the security company (Party A will pay this by stock), the auditing service fee to CPA and legal service fee to the lawyers, Party A will further negotiate with the intermediate company for settlement.
3. The flight tickets for business trip of Party B between China and America and America domestic flight tickets and other fees of up listing and road show should be paid by Party B. (Economy class flight tickets for M▇. ▇▇▇ daqi is except.)
Expenses and Payment. Agent shall bear and pay all expenses related to the performance of the Marketing Services. Company shall in no situation owe any compensation to Agent for Marketing Services performed or to be performed. Agent hereby waives any possible claims against Company for any and all Marketing Services performed or to be performed. Parties shall enter into a Natural Gas Purchase Agreement. Agent shall be compensated pursuant to Exhibit A, "Rates"
Expenses and Payment. 9.1. All costs and expenses arising out of the exercise by Wandsworth of the Delegated Functions shall be met by Wandsworth in accordance with clause 6 to this Agreement.
Expenses and Payment. 10.1 Web Site Development Investment. Client agrees to pay HMI a total of $411,442.00 for development of the Web Site (the "Development Price"). The Development Price shall be payable as follows: (a) 40 percent or USD$164,576.80 due and payable upon execution of this Agreement and (b) 60 percent or USD$246,865.20 payable in the form of unregistered common stock ("Stock") of Client in four tranches as follows:
a.) A number of shares of Stock having an aggregate value of $61,716.30 as defined below shall be paid by Client on each of the following dates (in 2000): June 30, July 28, August 25, and the Launch Date.
b.) The value of the Stock shall be based upon the average of the daily closing prices as reported by Nasdaq for the week ended by each payment date, less a 20% discount.
c.) Said Stock shall have piggyback registration rights as specified in Exhibit C.
d.) Upon the written request of HMI, it shall be permitted to transfer 13% of its Stock to ▇▇▇▇▇▇▇▇ ▇▇▇▇.
e.) The issuance of the Stock to HMI and the transfer of Stock to ▇▇▇▇▇▇▇▇ ▇▇▇▇ shall be subject to their execution of investment letters and other customary documentation acknowledging receipt of Client's public information in order to comply with the federal and applicable state securities laws.
Expenses and Payment. Party A shall pay Party B the comprehensive service fee in the following ways:
(1). Party A shall pay Party B by its actual working time, namely USD 500/h. Party B will send its working time form and b▇▇▇ to Party A every 15 days. Party A shall guarantee to transfer Party B’s service fee to its assigned account. Account user name: CITI BANK N.
A. The account number and payment approach will be disclosed later.
(2). As for the general superintendent, the chief coordinator and the general collector, Party B will give additional bonus according to their performance.
(3). As for the going public underwriting fee to the security company, the auditing service fee to CPA and legal service fee to the lawyers, Party A will further negotiate with the intermediate company for settlement.
Expenses and Payment. Executive shall be promptly reimbursed for any expenses reasonably incurred by Executive in the performance of the services set forth in this Section 6. Consistent with the terms of any consulting agreement with Executive, the first Consulting Fee shall be paid on the sixtieth (60th) day following the effective date of Executive’s applicable separation from employment with Premier and will include any Consulting Fee payments for the period from the end of Executive’s employment with Premier through the first Consulting Fee payment date. In addition, the Parties agree that despite the limited consulting obligations outlined in this Section 6, nothing in this Section should be interpreted or implemented in such a way that is otherwise inconsistent with Executive’s overall separation from service with Premier pursuant to Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).
Expenses and Payment