Common use of Fees; Payment Terms Clause in Contracts

Fees; Payment Terms. i. The Fees for each Fee Obligation Year shall be payable by You in four (4) equal quarterly instalments, with each such instalment due on January 31st, April 30th, July 31st and October 31st of the respective Fee Obligation Year. All sums payable under this Agreement are exclusive of any applicable taxes which shall be added to such sum to the extent applicable. ii. All sums payable under and in accordance with the Agreement by the Member shall be paid in full without any deduction, withholding, counterclaim or set off. iii. Late payment or nonpayment of Fees is subject to the Penalty and Interest Policy.

Appears in 6 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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Fees; Payment Terms. i. The Fees for each Fee Obligation Year shall be payable by You in four (4) equal quarterly instalments, with which each such instalment due on January 31st, April 30th, July 31st and October 31st of the respective Fee Obligation Year. All sums payable under this Agreement are exclusive of any applicable taxes which shall be added to such sum to the extent applicable. ii. All sums payable under and in accordance with the Agreement by the Member shall be paid in full without any deduction, withholding, counterclaim or set off. iii. Late payment or nonpayment of Fees is subject to the Administrative Fee, Penalty and Interest Policypolicy [insert link].

Appears in 2 contracts

Samples: Membership Agreement, Membership Agreement

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Fees; Payment Terms. i. The Fees for each Fee Obligation Year shall be payable by You in four (4) equal quarterly instalments, with which each such instalment is due on January 31st, April 30th, July 31st and October 31st of the respective Fee Obligation Year. All sums payable under this Agreement are exclusive of any applicable taxes which shall be added to such sum to the extent applicable. ii. All sums payable under and in accordance with the Agreement by the Member shall be paid in full without any deduction, withholding, counterclaim or set off. iii. Late payment or nonpayment of Fees is subject to the Administrative Fee, Penalty and Interest Policypolicy [insert link].

Appears in 1 contract

Samples: Membership Agreement

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