Final Adjusted Payment Sample Clauses

Final Adjusted Payment. The per-person rate for the Initial Term and first (1st) Renewal Term, if any, will be One ($1.00) Dollar per person. The per- person rate for any subsequent Renewal Term(s) after expiration of the first (1st) Renewal Term, if any, shall be Two ($2.00) Dollars per person. Final Adjust Payment will be based on the following formulas: (a.) Per-Person Rate multiplied by the Number of Persons renting River Tubes equals the Total Compensation (Per-Person Rate x Number of Persons Renting Tubes = Total Compensation).
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Final Adjusted Payment. The per-person rate for the Initial Term and first (1st) Renewal Term, if any, will be One ($1.00) Dollar per person. The per- person rate for any subsequent Renewal Term(s) after expiration of the first (1st) Renewal Term, if any, shall be Two ($2.00) Dollars per person. Final Adjust Payment will be based on the following formulas:
Sample 1

Related to Final Adjusted Payment

  • Returned Payments If after receipt of any payment which is applied to the payment of all or any part of the Obligations (including a payment effected through exercise of a right of setoff), the Administrative Agent or any Lender is for any reason compelled to surrender such payment or proceeds to any Person because such payment or application of proceeds is invalidated, declared fraudulent, set aside, determined to be void or voidable as a preference, impermissible setoff, or a diversion of trust funds, or for any other reason (including pursuant to any settlement entered into by the Administrative Agent or such Lender in its discretion), then the Obligations or part thereof intended to be satisfied shall be revived and continued and this Agreement shall continue in full force as if such payment or proceeds had not been received by the Administrative Agent or such Lender. The provisions of this Section 2.21 shall be and remain effective notwithstanding any contrary action which may have been taken by the Administrative Agent or any Lender in reliance upon such payment or application of proceeds. The provisions of this Section 2.21 shall survive the termination of this Agreement.

  • Restricted Payments Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:

  • Refused Payments We reserve the right to refuse to pay any Receiver. We will attempt to notify the Sender promptly if we decide to refuse to pay a Receiver designated by the Sender. This notification is not required if you attempt to make a prohibited payment under this Agreement.

  • Permitted Payments Hedging Liabilities

Time is Money Join Law Insider Premium to draft better contracts faster.