Hire charges and payment Sample Clauses

Hire charges and payment. 5.1 The commercial terms agreed between the parties are attached as Appendix 1. 5.2 Each invoice issued to the Customer must, unless otherwise agreed, set out: • the type of Equipment lent or hired to the Customer and the Quantity on Hire on the first day of the period covered by the invoice (opening balance); • subsequent variations due to issues of Equipment by CHEP, transfers onto the Customer’s account, transfers off the Customer’s account, returns to CHEP and adjustments during the period of the invoice; • the type of Equipment lent or hired to the Customer and the balance of the Quantity on Hire on the date of the invoice (closing balance); and • the total charges payable by the Customer for the period of the invoice. 5.3 If for any reason the closing balance is a negative figure (that is, the aggregate of the opening balance plus issues and transfers on, minus returns and transfers off, plus or minus adjustments, is a negative balance (credit balance)), the closing balance will be adjusted to zero. CHEP must keep a record of the amount by which the Quantity on Hire was adjusted (credit) and make a compensating adjustment to the Quantity on Hire over the next 6 CHEP billing cycles (being not less than 180 days in total) by applying the credit against the Quantity on Hire over that period. If a credit is not fully utilised after being applied over the next 6 CHEP billing cycles (or any longer period CHEP considers appropriate), the amount of the credit not utilised will be relinquished unless the Customer proves to CHEP’s reasonable satisfaction within a further 6 months that the credit should not be relinquished or should be reinstated. CHEP is not liable under any circumstances to make any payment to, or allow any set-off against or reduction of amounts owing to CHEP for the benefit of, the Customer in respect of a credit balance. 5.4 If for any reason (including because of a credit balance) the amount shown as being payable on any part of an invoice is negative, CHEP may adjust the amount payable to zero or an amount that CHEP considers appropriate in the circumstances. 5.5 For the avoidance of doubt, CHEP is only required to apply a credit in accordance with clause 5.3 against the relevant Quantity on Hire in respect of the same category of Equipment that generated that credit and no credit shall be applied against a different category or sub- category of Equipment whether recorded on the Customer’s account or not. 5.6 All charges and rates in res...
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Hire charges and payment. 6.1 Hire Charges (including any deposit payable by the Hirer) are set out in Part B of the Schedule. 6.2 The Hirer will pay Hire Charges [weekly/monthly/quarterly] in advance against the Owner’s invoice. The first payment will be due immediately before the Hire Period starts. 6.3 Hire Charges are quoted inclusive of VAT 6.4 All invoices must be prior to the start of the hire period, failing which the Owner will have the right to terminate the Agreement and repossess the Vehicle. Any late payment will entitle the Owner to interest at the rate specified by the Late Payment of Commercial Debts (Interest)
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Hire charges and payment. This sets out the basic payment terms - it is usual for Vehicle Hire Charges to be payable in advance - either for the entire period or for an initial period of one month, three months etc. Actual amounts will be inserted in the Schedule.
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Hire charges and payment. ‌ 5.1 The commercial terms agreed between the parties are attached as Appendix 1. 5.2 Each invoice issued to the Customer must, unless otherwise agreed, set out: • the type of Equipment lent or hired to the Customer and the Quantity on Hire on the first day of the period covered by the invoice (opening balance); • subsequent variations due to issues of Equipment by CHEP, transfers onto the Customer’s account, transfers off the Customer’s account, returns to CHEP and adjustments during the period of the invoice; • the type of Equipment lent or hired to the Customer and the balance of the Quantity on Hire on the date of the invoice (closing balance); and • the total charges payable by the Customer for the period of the invoice.
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Hire charges and payment. 3.1 The Hirer agrees to pay the Hire Charges to PIC in accordance with this clause. The Hire Charges are calculated daily, with part of a day charged as if it were a full day. 3.2 Subject to clause 3.3, the Hirer must pay the Hire Charges for the duration of the Hire Period by electronic funds transfer into the bank account nominated by PIC, or as PIC otherwise requires by written notice to the Hirer. 3.3 The Hirer must pay the Hire Charges for the duration of the Minimum Hire Period in any event. 3.4 PIC will issue its invoices at the end of each month during the Hire Period and when the Equipment is returned to PIC’s premises. If the Hire Period is for less than one month, PIC will issue its invoice when the Equipment is returned to PIC’s premises. 3.5 The Hirer must pay the Hire Charges within 30 days of the date of PIC’s invoice. 3.6 PIC may charge, and if so, the Hirer must pay, interest on any Hire Charges which remain unpaid for more than 30 days after the date of PIC’s invoice, calculated at 5.00% p.a. above the Reserve Bank of Australia interbank overnight cash rate from time to time. Interest is to be calculated daily on the aggregate overdue amount and accrues until all overdue amounts are paid. 3.7 If within 7 days after being informed that the Equipment is ready for collection, the Hirer fails to collect or have someone collect the Equipment from PIC’s premises, the Hirer must pay PIC on demand an additional reasonable charge for continued storage of the Equipment, including any costs incurred by PIC in storing the Equipment at the premises of a third party. 3.8 PIC is not obliged to refund any part of the Hire Charges paid in advance if the Hirer elects to return the Equipment before the end of the Hire Period. 3.9 If the Hirer does not return the Equipment to PIC on the expiry of the Hire Period (or on the termination of this Agreement, whichever is earlier), the Hirer will remain liable under this Agreement and the Hire Charges will continue to accrue at the rate specified in the Schedule until the Equipment is returned. Any additional Hire Charges payable as a result of the late return of the Equipment will be a debt due by the Hirer to PIC payable on demand. 3.10 If: (1) the supply to PIC of the Equipment is delayed; or (2) there is a change in relation to the Equipment; or (3) PIC is required to perform work in connection with the Equipment, not reasonably contemplated by XXX at the time of entering into this Agreement and beyond the rea...
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Hire charges and payment. 6.1 Hire Charges (including any deposit payable by the Hirer) and the payment intervals are set out in Part B of the Schedule. 6.2 The Hirer will pay Hire Charges in advance against the Owner’s invoice. The first payment will be due immediately before the Hire Period starts. 6.3 Hire Charges are quoted net of VAT, which will be added as appropriate. 6.4 Transportation and delivery costs and the costs of redelivery of the Equipment at termination or expiry of the Agreement will only be payable by the Hirer in addition to the Hire Charges if so stipulated in Part B of the Schedule. 6.5 All invoices must be settled within 7 days of issue, failing which the Owner will have the right to terminate the Agreement and repossess the Equipment. Any late payment will entitle the Owner to interest on the overdue amount at 4% p.a. above the base rate of HSBC Bank. 6.6 If the Owner terminates this Agreement before expiry of the Hire Period on account of the Hirer’s default or breach of contract, the Hirer will remain liable to the Owner for all Hire Charges which are unpaid and all Hire Charges which would have become due if the Hire Period had
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Hire charges and payment. 2.1 The Hire Charge shall be indicated on the Hire Agreement and any other invoices provided by Chair Hire Auckland to the Hirer in respect of chairs supplied. 2.2 The Hire Charge excludes GST, delivery costs, and cleaning costs which shall be separately charged. A cleaning charge will be applied to all chairs found to be unclean. 2.3 The Hirer will be required to provide a bond to Chair Hire Auckland in the amount specified on the Hire Agreement, being a bond refundable once the chairs have been picked up by Chair Hire Auckland and subsequently inspected, subject to Chair Hire Auckland’s rights and remedies contained in these terms and conditions. 2.4 Payment for chairs hired from Chair Hire Auckland shall be made by Direct Credit and must be visible in the bank account of Chair Hire Auckland prior to delivery being made to the Hirer. 2.5 Payment of Hire Charges shall be free of any counterclaim, set-off, deduction or any other claim whatsoever. 2.6 Any expenses, disbursements and legal costs incurred by Chair Hire Auckland in recovering possession of the chairs and in the enforcement of any rights contained in these terms and conditions shall be paid by the Hirer, including any reasonable solicitor’s fees. 2.7 Chair Hire Auckland requires a 20% (of the Hire Charge only plus GST) deposit from the Hirer. This deposit is to be paid once the order is placed and is non refundable.
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Hire charges and payment 
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Related to Hire charges and payment

  • CHARGES AND PAYMENT 6.1 The Charges for the Services will be as set out in the Purchase Order or Award Letter, and will be the full and exclusive remuneration of the Supplier in respect of the performance of the Services. Unless otherwise agreed in writing by the Customer, the Charges will include every cost and expense of the Supplier directly or indirectly incurred in connection with the performance of the Services. 6.2 The Supplier will invoice the Customer as specified in the Agreement. Each invoice will include such supporting information required by the Customer to verify the accuracy of the invoice including but not limited to the relevant Purchase Order number and a breakdown of the Services supplied in the invoice period. 6.3 In consideration of the supply of the Services by the Supplier, the Customer will pay the Supplier the invoiced amounts no later than 30 days after receipt of a valid invoice which includes a valid Purchase Order number. Payments may be withheld or reduced by the Customer in the event of unsatisfactory performance without prejudice to the Customer’s other rights and remedies under this Agreement. 6.4 Where the Supplier enters into a sub-contract for the purpose of performing its obligations under this Agreement, it will ensure that a provision is included in such sub-contract which requires payment to be made of all sums due by the Supplier to the sub-contractor within a specified period not exceeding 30 days from the receipt of a valid invoice. 6.5 All amounts stated are exclusive of VAT which will be charged at the prevailing rate. The Customer will, following the receipt of a valid VAT invoice, pay to the Supplier a sum equal to the VAT chargeable on the services supplied. 6.6 If there is a dispute as to the amount invoiced the Customer will pay the undisputed amount. 6.7 If a payment of an undisputed amount is not made by the Customer by the due date, then the Customer will pay the Supplier interest at a rate which will compensate for such loss as has been directly caused by the late payment. The interest rate will not be at a rate higher than the interest rate specified in the Late Payment of Commercial Debts (Interest) Xxx 0000. Any disputed amounts will be resolved through the dispute resolution procedure detailed in clause 40. 6.8 The Supplier will not suspend the supply of the Services unless the Supplier is entitled to terminate this Agreement for a failure to pay undisputed sums in accordance with clause 15.2.

  • Charges and Payments 24.1 In consideration of the services provided by Frontier under this Agreement, CLC shall pay the charges set forth in this Agreement and in applicable tariffs. In consideration of the services provided by CLC under this Agreement, Frontier shall pay the charges set forth in this Agreement. Invoices with charges set forth in this Agreement and in applicable tariffs shall be sent to: ATTN: Xxxxxxx Xxxxx 0000 Xxxxxxxxxx Xxxxxx Denver, CO 80202 Xxxx.Xxxxx@xxxxxxxxxxx.xxx Frontier Communications Attention: Access Billing P.O. Box 92713 Rochester, NY 14692 24.2 A monthly billing statement with a consistent, regular bill date shall be prepared by each Party and will reflect the calculation for amounts due under this Agreement. All bills dated as set forth above will be due thirty (30) days after the bill date or by the next bill date (i.e., the same date in the following month as the bill date), whichever is the shortest interval, except as provided herein, and are payable in immediately available funds. If such payment date would cause payment to be due on a Saturday, Sunday or Legal Holiday, payment for such bills will be due on the last business day preceding the Saturday, Sunday or Legal Holiday. When a bill has been delayed, the due date will be extended by the number of days the bill was delayed, upon request of the receiving Party.

  • Charges and Payment Terms 6.1 The Charges for the Services for the Initial Term are set out in the attached Agreement Summary. 6.2 Payment is due annually in advance for each annual period beginning on 1st April. The Charges do not include any amount arising in respect of VAT (or other applicable taxes), which, if applicable, shall be payable ny the Customer and added to such Charges at the rate in force at the time that they become due. 6.3 Payment of the Charges shall be made by the Customer within 30 days of the date of invoice from Capita. It is a condition of this Agreement that all Charges due for payment after 1st April 2014, be paid by direct bank transfer into the Capita Business Services Limited bank account at Barclays Bank PLC (Account Number: 00000000, Sort Code: 20-67-59) using any of the following options: • BACS (including the Faster Payments Service) • CHAPS payment system. • A debit or credit card. • A Direct Debit mandate. Payment by Cheque beyond 1st April 2014 will not be acceptable and may mean the loss of your XXXX support until cleared funds are received at the bank. 6.4 Without prejudice to any right of termination, in the event that any payment due under this Agreement is not made on the due date (in the absence of genuine error) Capita shall (at its discretion) be entitled to charge interest (both before and after any judgement) on a day to day basis upon the overdue amount at 8% (eight per cent) above the Bank of England base rate from time to time as defined by the Late Payment of Commercial Debts (Interest) Act 1998. 6.5 Capita reserves the right to suspend the Agreement or the provision of any Services provided by Capita under this Agreement in circumstances otherwise entitling it to terminate this Agreement. Such suspension shall not be deemed to represent a waiver of Capita’s right to terminate this Agreement. 6.6 Upon expiry of the Initial Term, Capita reserves the right to increase the Charges subject to giving the Customer at least 90 days written notice thereof to have effect from the first day of the next annual period. 6.7 Where Services are provided at the Customers location then the cost of providing suitable means of travel, hotel accommodation and subsistence, etc. for Capita staff will be added to the charges in the Agreement Summary. 6.8 Capita reserves the right to charge for the provision of any additional services provided as a result of the failure by the Customer to meet its obligations as set out in this Agreement. 6.9 Capita reserves the right to charge, as follows, for pre scheduled activities which are subsequently cancelled or postponed by the Customer: - 100% payable if less than 2 full working days’ notice is provided - 66% payable if less than 10 full working days’ notice is provided - 33% payable if less than 20 full working days’ notice is provided

  • Taxes, Charges and Expenses On the issuance of a replacement Note under Section 2.7(a), (i) the Issuer may require the Noteholder of the Note to pay an amount to cover any taxes or other governmental charges imposed and any other reasonable expenses incurred for the replacement Note, (ii) the Indenture Trustee will, for a mutilated Note, cancel the Note and (iii) the Note Registrar will record in the Note Register that the destroyed, lost or stolen Note no longer has the benefits of this Indenture.

  • Charges and Expenses The Company shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangements. The Company shall pay charges of the Depositary in connection with the initial deposit of the Stock and the initial issuance of the Depositary Shares, all withdrawals of shares of the Stock by owners of Depositary Shares, and any redemption of the Stock at the option of the Company. All other transfer and other taxes and governmental charges shall be at the expense of holders of Depositary Shares. If, at the request of a holder of Receipts, the Depositary incurs charges or expenses for which it is not otherwise liable hereunder, such holder will be liable for such charges and expenses. All other charges and expenses of the Depositary and any Depositary’s Agent hereunder (including, in each case, reasonable fees and expenses of counsel) incident to the performance of their respective obligations hereunder will be paid upon consultation and agreement between the Depositary and the Company as to the amount and nature of such charges and expenses. The Depositary shall present its statement for charges and expenses to the Company at such intervals as the Company and the Depositary may agree.

  • Fees, Charges and Expenses The Corporation agrees promptly to pay the Depository the compensation to be agreed upon with the Corporation for all services rendered by the Depository hereunder and to reimburse the Depository for its reasonable out-of-pocket expenses (including reasonable counsel fees and expenses) incurred by the Depository without negligence, willful misconduct or bad faith on its part (or on the part of any agent or Depository’s Agent) in connection with the services rendered by it (or such agent or Depository’s Agent) hereunder. The Corporation shall pay all charges of the Depository in connection with the initial deposit of the Stock and the initial issuance of the Depositary Shares and any redemption or exchange of the Stock at the option of the Corporation. The Corporation shall pay all transfer and other taxes and governmental charges arising solely from the existence of the depository arrangements. All other transfer and other taxes and governmental charges shall be at the expense of Holders of Depositary Shares evidenced by Receipts. If, at the request of a Holder of Receipts, the Depository incurs charges or expenses for which the Corporation is not otherwise liable hereunder, such Holder will be liable for such charges and expenses; provided, however, that the Depository may, at its sole option, request that the Corporation direct a Holder of a Receipt to prepay the Depository any charge or expense the Depository has been asked to incur at the request of such Holder of Receipts. The Depository shall present its statement for charges and expenses to the Corporation at such intervals as the Corporation and the Depository may agree.

  • Allocation of Charges and Expenses Except as otherwise specifically provided in this section 4, you shall pay the compensation and expenses of all Trustees, officers and executive employees of the Trust (including the Fund's share of payroll taxes) who are affiliated persons of you, and you shall make available, without expense to the Fund, the services of such of your directors, officers and employees as may duly be elected officers of the Trust, subject to their individual consent to serve and to any limitations imposed by law. You shall provide at your expense the portfolio management services described in section 2 hereof and the administrative services described in section 3 hereof. You shall not be required to pay any expenses of the Fund other than those specifically allocated to you in this section 4. In particular, but without limiting the generality of the foregoing, you shall not be responsible, except to the extent of the reasonable compensation of such of the Fund's Trustees and officers as are directors, officers or employees of you whose services may be involved, for the following expenses of the Fund: organization expenses of the Fund (including out of-pocket expenses, but not including your overhead or employee costs); fees payable to you and to any other Fund advisors or consultants; legal expenses; auditing and accounting expenses; maintenance of books and records which are required to be maintained by the Fund's custodian or other agents of the Trust; telephone, telex, facsimile, postage and other communications expenses; taxes and governmental fees; fees, dues and expenses incurred by the Fund in connection with membership in investment company trade organizations; fees and expenses of the Fund's accounting agent for which the Trust is responsible pursuant to the terms of the Fund Accounting Services Agreement, custodians, subcustodians, transfer agents, dividend disbursing agents and registrars; payment for portfolio pricing or valuation services to pricing agents, accountants, bankers and other specialists, if any; expenses of preparing share certificates and, except as provided below in this section 4, other expenses in connection with the issuance, offering, distribution, sale, redemption or repurchase of securities issued by the Fund; expenses relating to investor and public relations; expenses and fees of registering or qualifying Shares of the Fund for sale; interest charges, bond premiums and other insurance expense; freight, insurance and other charges in connection with the shipment of the Fund's portfolio securities; the compensation and all expenses (specifically including travel expenses relating to Trust business) of Trustees, officers and employees of the Trust who are not affiliated persons of you; brokerage commissions or other costs of acquiring or disposing of any portfolio securities of the Fund; expenses of printing and distributing reports, notices and dividends to shareholders; expenses of printing and mailing Prospectuses and SAIs of the Fund and supplements thereto; costs of stationery; any litigation expenses; indemnification of Trustees and officers of the Trust; and costs of shareholders' and other meetings. You shall not be required to pay expenses of any activity which is primarily intended to result in sales of Shares of the Fund if and to the extent that (i) such expenses are required to be borne by a principal underwriter which acts as the distributor of the Fund's Shares pursuant to an underwriting agreement which provides that the underwriter shall assume some or all of such expenses, or (ii) the Trust on behalf of the Fund shall have adopted a plan in conformity with Rule 12b-1 under the 1940 Act providing that the Fund (or some other party) shall assume some or all of such expenses. You shall be required to pay such of the foregoing sales expenses as are not required to be paid by the principal underwriter pursuant to the underwriting agreement or are not permitted to be paid by the Fund (or some other party) pursuant to such a plan.

  • Charges and Fees 1. The Company shall be entitled to receive a fee from the Client regarding the Service(s), provided by the Company. 2. The Company may pay a fee/commission to the Introducing Broker, referring agents, or other third parties based on written agreement. This fee/commission is related to the frequency/volume of transactions and/or other parameters. All applicable fees or charges can be found on the Company’s Website (General Fees). The Company has the right to amend its fees and charges from time to time. 3. The Company may pay fee/commission to business introducers, referring agents, or other third parties based on written agreement. This fee/commission is related to the frequency/volume of transactions and/or other parameters. All applicable fees or charges can be found on the Company’s Website (General Fees). The Company has the right to amend its fees and charges from time to time. 4. Ongoing trading fees, including inter alia swaps, shall be charged and deducted from the Client’s account balance. In case the Client does not maintain enough funds in his/her balance, the relevant position subject to swap will be closed by the Company. 5. The Client agrees that any amounts sent by the Client will be deposited to the Account at the value on the date of the payment received and net of any charges / fees charged by the bank or any other intermediary involved in such transaction process and/or in any other case, the Client shall authorize the Company to withdraw the fee by way of transfer from the Client’s Account.

  • Charges, Taxes and Expenses Issuance of Warrant Shares shall be made without charge to the Holder for any issue or transfer tax or other incidental expense in respect of the issuance of such Warrant Shares, all of which taxes and expenses shall be paid by the Company, and such Warrant Shares shall be issued in the name of the Holder or in such name or names as may be directed by the Holder; provided, however, that in the event that Warrant Shares are to be issued in a name other than the name of the Holder, this Warrant when surrendered for exercise shall be accompanied by the Assignment Form attached hereto duly executed by the Holder and the Company may require, as a condition thereto, the payment of a sum sufficient to reimburse it for any transfer tax incidental thereto. The Company shall pay all Transfer Agent fees required for same-day processing of any Notice of Exercise and all fees to the Depository Trust Company (or another established clearing corporation performing similar functions) required for same-day electronic delivery of the Warrant Shares.

  • Charges and Taxes The Company will pay all stock transfer and similar taxes attributable to the initial issuance and delivery of the shares of Common Stock pursuant to the Purchase Contracts; provided, however, that the Company shall not be required to pay any such tax or taxes which may be payable in respect of any exchange of or substitution for a Certificate evidencing a Unit or any issuance of a share of Common Stock in a name other than that of the registered Holder of a Certificate surrendered in respect of the Units evidenced thereby, other than in the name of the Purchase Contract Agent, as custodian for such Holder, and the Company shall not be required to issue or deliver such share certificates or Certificates unless or until the Person or Persons requesting the transfer or issuance thereof shall have paid to the Company the amount of such tax or shall have established to the satisfaction of the Company that such tax has been paid.

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