Final Settlement Payment Sample Clauses

Final Settlement Payment. Final settlement payment for this Agreement shall be no greater than the actual net allowable costs for actual or accrued expenditures made pursuant to the annual budget for contracted services submitted by Contractor for the term of the Agreement. Actual net allowable costs will be determined by the final/year-end Cost Report.
AutoNDA by SimpleDocs
Final Settlement Payment. The Final Settlement Payment for the last two (2) issues of each Publication to be distributed by DISTRIBUTOR under this Agreement, or for the two (2) issues immediately preceding a Notice of Termination pursuant to Paragraph 15(g)(iii), shall be made by DISTRIBUTOR to PUBLISHERDELETED days after the Off-Sale Date of the last issue of all Publication(s) being terminated. DISTRIBUTOR shall be entitled to withhold a reasonable reserve from the sum otherwise due PUBLISHER from the Settlement Payment of such last two (2) issues. Said reserve shall be in an amount equal to (i) DISTRIBUTOR'S estimate of Return Credits for Returns yet to be received, (ii) DISTRIBUTOR'S estimate of RDA claims yet to be received from retailers participating in PUBLISHER'S RDA program as set forth in Paragraph 10 hereof, {iii) the amount which DISTRIBUTOR estimates will be needed to reimburse DISTRIBUTOR for charges, allowances and discounts to be made or given on behalf of PUBLISHER and, (iv) for such other credits for which DISTRIBUTOR will be entitled to be reimbursed, which will or may be incurred subsequent to the preparation of the PUBLISHER Statement for such last two (2) issues. In the event that such reserve is insufficient, PUBLISHER agrees to pay DISTRIBUTOR any such sums within ten (10) days following DISTRIBUTOR'S request thereof.
Final Settlement Payment. 5.1.1 Within fifteen (15) days of receipt by UAG of all documents identified in Section 5.2 below, UAG shall issue payment(s) totaling Eleven Thousand Four Hundred Dollars ($11,400.00) to the Law Office of Xxxxxxxxx Xx, Esq., Law Corporation in the form of a check made out to “Xxxxxxxxx Xx, Esq., Law Corporation” and delivered to the following payment address: Xxxxxxxxx Xx, Esq., Law Corporation Law Office of Xxxxxxxxx Xx, LP 00000 Xx Xxxxxx Xxxx, Xxxxx 000 Xxx Xxxxx, XX 00000-0000 Tax Identification Number: 000000000
Final Settlement Payment. Pursuant to C.R.S. § 00-00-000, the Owners shall provide public Notice of Final Settlement Payment, which shall occur at the time of determination of Substantial Completion. If a verified statement of claim is filed before or at the date and time of the Final Settlement Payment, the Owners shall withhold from the Final Settlement Payment sufficient funds to pay the claim until the claim is paid or withdrawn. The Owners’ obligations thereafter shall be governed by C.R.S. § 38- 26-107.

Related to Final Settlement Payment

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • Settlement Amount If the Non-Defaulting Party has declared an Early Termination Date pursuant to Section 7.2(b), the Non-Defaulting Party shall have the right to (i) accelerate all amounts owing between the Defaulting Party and the Non-Defaulting Party and to liquidate and terminate the undertakings set forth in this Agreement as between the Defaulting Party and the Non-Defaulting Party; and (ii) withhold any payments due to the Defaulting Party under this Agreement pending payment of the Termination Payment. The Non-Defaulting Party will calculate, in a commercially reasonable manner, the Settlement Amount with respect to the Defaulting Party’s obligations under the Agreement and shall net the Settlement Amount in the manner provided for in Section 7.3(c).

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