FINANCIAL PAYMENTS Clause Samples
The Financial Payments clause outlines the obligations and procedures related to the transfer of money between parties under the agreement. It typically specifies the amounts due, payment schedules, acceptable methods of payment, and any applicable penalties for late payments. By clearly defining how and when payments must be made, this clause ensures both parties understand their financial responsibilities and helps prevent disputes over payment terms.
FINANCIAL PAYMENTS. The Owner covenants and agrees to pay to the Township, upon execution of this Agreement, the following fees:
FINANCIAL PAYMENTS. The Owner covenants and agrees to pay to the Municipality, upon execution of this Agreement, the following fees:
FINANCIAL PAYMENTS. ...27 4.1. Capped Costs...
FINANCIAL PAYMENTS. The Grant total detailed in Schedule 2 is the maximum amount available for this Project. The Grant will be paid in instalments on the dates set out in Schedule 2 provided (a) you have submitted (i) a Progress Report on the dates listed in Schedule 2 (ii) a Marketing and Communications Plan on the date listed in Schedule 2 (iii) a Monitoring and Evaluation Report on the date listed in Schedule 2 and (iv) a Final Report on the date listed in Schedule 2, together with any other documentation we require from you in order for us to make any such payment, and (b) we are satisfied with the information in such documentation.
FINANCIAL PAYMENTS. In the event SUBLICENSEE has breached its obligations to pay royalties or fees under Article III of this Agreement, pay fees and costs under Article VI of this Agreement, and/or fails to file royalty reports in accordance with Article V of this License Agreement (hereafter “Financial Breach”), TI shall provide SUBLICENSEE with written notice of said breach, and SUBLICENSEE shall have a period of thirty (30) days to cure said breach. In the event SUBLICENSEE does not fully cure the breach within that thirty (30) day period, and fails within that thirty (30) days to commence mediation pursuant to Article XIII of this Agreement alleging grounds for its nonpayment thereof, this Agreement shall be automatically terminated without further notice or action by TI. Notwithstanding SUBLICENSEE’s rights to cure herein, in the event SUBLICENSEE commits a Financial Breach more than two times within any calendar year within the term of this Agreement and has received notice by TI of each such breach at the time of such breach, TI shall be entitled to give notice of breach which shall become effective immediately upon SUBLICENSEE’s receipt of said Notice, and for which SUBLICENSEE shall not have any further right of “cure.”
FINANCIAL PAYMENTS. The Camper agrees to pay in cash to the owner, his heirs, executors, administrators, successors and assigns, the sum of $1,700.00 / $2,000.00 / $2300.00 + taxes, to be paid by the Camper to the Owner in 4 equal payments of $480.25 / $565.00 / $649.75, the first and last, together with a $300 refundable security deposit, upon execution of this Agreement and prior to occupancy by the Camper of the Campsite. The Camper authorizes the Owner to keep on record the Camper’s credit card information for the purpose of, from time to time, requesting payments from the Camper’s credit card issuer for the balance of the equal payments and all fees due under this agreement, and agrees to keep that information up to date on the Owner’s record.
FINANCIAL PAYMENTS. The NWTMN will receive approximately $69,400,000 (2011 $ to be adjusted for inflation) which will be paid out in accordance with the final agreement
FINANCIAL PAYMENTS. In consideration of the license granted by Northwestern to Licensee under the Agreement, Licensee shall pay to Northwestern the following amounts, in accordance with the payment terms set forth in Section 6:
FINANCIAL PAYMENTS. 19.7 a.) Effective with the current Agreement, for the term of 2006 –2009, eFull-timeach teachers isare entitled to tuition reimbursement for one-three (3) credit graduate courses or 45 hours of approved workshops in the amount not to exceed one hundred percent (100%) of the prevailing cost of three (3) in-state winter rates of the University of Vermont each year, (September 1 – August 31). Teachers holding positions less than 1.0 FTE shall be entitled to tuition reimbursement entitlement prorated equal to their percentage of a 1.0 FTE postion. The graduate course/workshop must be directly related to the teacher’s teaching assignment in the judgment of the superintendent or must be a requirement of an approved degree program in which the teacher is currently enrolled. Un-reimbursed requests shall not be honored from a subsequent year's fund. Teachers shall not be entitled to apply for tuition reimbursement if the amount of such reimbursement would not exceed thirty dollars ($30.00). Teachers who enroll in workshops shall be eligible for tuition or registration reimbursement not to exceed the amount paid for a college or university course. Books, travel, service charges, athletic fees, library fees, registration fees and other charges shall not be eligible for the reimbursement. No tuition reimbursement for any course for which a teacher has failed to attain a grade of B or better.
FINANCIAL PAYMENTS. The Camper agrees to pay in cash to the owner, his heirs, executors, administrators, successors and assigns, the sum $1,800.00 / $2600.00 + taxes, to be paid by the Camper to the Owner in 4 equal payments of $508.50 / $734.50 together with $500 security deposit upon execution of this Agreement and prior to occupancy by the Camper of the Campsite. The Camper authorizes the Owner to keep on record the Camper’s credit card information for the purpose of, from time to time, requesting payments from the Camper’s credit card issuer for the balance of the equal payments and all fees due under this agreement, and agrees to keep that information up to date on the Owner’s record.