Forfeit. The pre-paid housing payment will be forfeited if the student cancels housing after June 1, 2024. Please refer to the section on Cancellation of Contract, section D, regarding refund or forfeiture of housing fees prior to the first official opening day of the residence halls.
Forfeit. If the parties have not reached agreement on the Royalties and Elpida does not exercise its Buyout Option by the Royalty Determination Date, then this Agreement shall terminate and the license from IM to Elpida set forth Section 3.5 (and any other licenses set forth in this Agreement) shall terminate. Within [*] days of such termination, Elpida shall return to IM or certify destruction of all Confidential Information provided to Elpida by IM or produced by Elpida based on CDP Developed Technology, except for Confidential Information incorporated in Elpida Inventions. Under this option, Elpida will not receive a refund for the Service fees paid up to the Royalty Determination Date and must pay the remaining CDP Fees and the HPC Workflow Subscription and Access Fees due under this Agreement. The full amount remaining in the CDP Fees and the HPC Workflow Subscription and Access Fees shall be invoiced by IM upon such termination and Elpida shall pay the full amount to IM within [*] days of the invoice date.
Forfeit. A person who has forfeited restoration may, within ten (10) regular Agency business days after forfeiture, request in writing to the Water Agency General Manager that he/she be considered for a further offer of restoration, should such occur within one (1) year after the layoff date. The request shall contain a full explanation of the reason for the person's unavailability. Within thirty (30) calendar days after the request is filled the Water Agency's General Manager shall either approve or deny the request. The Water Agency General Manager may specify conditions under which the further offer of restoration may be approved.
Forfeit. 9.4.1 In case the Borrower fails to perform within the established deadline the duty to pay any amount it shall pay under the Finance Document, a forfeit shall be charged on such overdue amount during the period from the date (inclusive) following the due payment date to the actual payment date (inclusive) (both before and after rendering the relevant court decision) at the annual interest rate equal to the doubled interest rate effective on the due payment date of such overdue indebtedness for each day of delay. For the purposes of this Clause 9.4.1, the Parties agree that, if the overdue amount relates to:
(A) The Outstanding Credit within any Instalment, then a reference to the “interest rate” relating to such overdue amount should be considered as a reference to the interest rate relating to such Instalment;
(B) The interest, then a reference to the “interest rate” relating to such overdue amount should be considered as a reference to the Instalment, to which such interest rate applies; and
(C) Any other amounts, then a reference to the “interest rate” relating to such overdue amount should be considered as a reference to the arithmetical average of the interest rates referring to Instalment 1 and Instalment 2.
9.4.2 The forfeit shall be paid by the Borrower within five Business Days after the relevant claim was sent by the Credit Manager.
9.4.3 The Parties agree that the Borrower’s payment of the forfeit provided for in this Article 9.4 shall by no means limit the Creditors’ rights to use any other remedies, including a right to claim reimbursement by the Borrower for the losses and expenses incurred due to the Borrower’s delay to the extent not covered by the forfeit.
9.4.4 The Parties confirm that no interest provided for by Article 9.3 (Interest Payment) shall accrue on the overdue amount, from which the forfeit provided for in this Article 9.4 is charged.
Forfeit. (1) In all leagues, a team must have a minimum of 9 eligible players on the field or in the dugout to start and continue a game. EXCEPTION: A team may play with 8 due to an injury once the game starts. FORFEIT TIMES ARE: GAME 1 10 Minute grace period but clocks starts at scheduled game time
Forfeit. 1. If the Seller fails to sell the Shares to the Buyers from any reason attributable to the Seller, it shall pay JAC, for the account of JAC and Watanabe, a forfeit in the amount of yen 250,000,000 on the Closing Date. The Seller shall not be liable for allocation between JAC and Watanabe of the forfeit paid by it pursuant to this paragraph.
2. If the Buyers fail to purchase the Shares from the Seller for any reason attributable to either Buyer, JAC shall pay the Seller a forfeit in the amount of yen 250,000,000 on the Closing Date.
3. For purposes of securing the payment of the forfeit set forth in the preceding paragraph, JAC shall deposit an amount (the "Deposit") equal to such forfeit with Yamaichi Trust and Banking Co., Ltd. on the date of execution of this Agreement. If the Buyers fail to purchase the Shares from the Seller for any reason attributable to either Buyer, the Deposit shall be applied to the payment of the forfeit pursuant to the preceding paragraph. If the sale of the Shares is consummated pursuant to this Agreement, the Deposit shall be applied to the payment of the Aggregate Purchase Price set forth in Article 3. If the sale of the Shares is not consummated pursuant to this Agreement for any reason not attributable to either Buyer, the Deposit shall be returned in full to JAC.
4. On the date of execution of this Agreement, JAC shall deliver to Yamaichi the certificate of the Deposit, together with a power of attorney empowering Yamaichi to dispose of the Deposit in accordance with the preceding paragraph as well as any other documents necessary for such disposition. If the sale of the Shares is not consummated pursuant to this Agreement for any reason not attributable to either Buyer, the certificate of Deposit and such other documents delivered to Yamaichi shall be returned to JAC without delay.
Forfeit. 10.1. Should the Borrower violate one or several obligations assumed under the Agreement, except the obligation to pay the fees/charges under the Agreement, the Borrower, by the Lender's request must pay forfeit in the amount of two (2) percent of the outstanding Loan.
10.2. The termination of the Agreement under Clauses 12.1.1-12.1.9 shall not suspend the calculation of the fees/charged provided for in the Agreement, and shall not release the Borrower from the liability to repay the Loan, pay the interest, default interest and other amounts due hereunder. If in an extraordinary case the Parties withdraw the Agreement on the basis of the clauses referred to above, by the Lender's request, in addition to other outstanding amounts, the Borrower undertakes to pay to the Lender forfeit up to ten (10) percent of the Net Amount of the Loan.
10.3. The payment of default interest shall not affect the obligation to perform the violated obligation, and the Borrower shall not be released from the obligation to perform his contractual liabilities.
10.4. The Borrower shall be obliged to pay the forfeit within ten (10) calendar days after the receipt of the Lenders claim for the forfeit and to eliminate the respective violations in accordance with the terms and conditions laid down by the Lender.
Forfeit. All monies paid to FFC will be forfeited and all balance due will be collected, unless specify by the management on a case to case basis.
Forfeit. In the event a Certificate Parcel is forfeited to Purchaser pursuant to Ohio Revised Code Section 5721.40, the Certificate Parcel shall be transferred by Sheriffs deed to the Purchaser absolutely free and clear of all liens and encumbrances except for those specifically listed in Section 5721.40. Purchaser or Purchaser’s attorney shall provide a copy of the deed and order of forfeiture to the office of the Franklin County Auditor so that the Tax List may be adjusted to reflect no outstanding lien for property taxes as to the subject property.
Forfeit. No Player will receive credit for any PCS Game where a Player from Team forfeits the PCS Game.
