Lease Payments and Interest Due on Lease Payments Sample Clauses

Lease Payments and Interest Due on Lease Payments. After the Parties execute the Memorandum of Commencement Date (Exhibit L), and the Contractor has completed and satisfied the conditions as indicated below, the District shall pay to Contractor the Lease Payments and the Interest Due on Lease Payments as indicated below. Contractor shall submit to the District a monthly, written invoice for each Lease Payment and the Interest Due on that Lease Payment, at least thirty (30) days prior to theDate of Payment” as indicated below for that Lease Payment. 5.2.1. The Parties acknowledge that the Lease Payments and Interest Due on Lease Payments are both within the GMP and the District will track and pay both the Lease Payments and the Interest Due on Lease Payments amounts together as indicated herein. 5.2.2. The Lease Payments and the Interest Due on Lease Payments shall be consideration for the District’s rental, use, and occupancy of the Project and the Project Site and shall be made in monthly installments for the duration of the Term. 5.2.3. The District represents that the total annual Lease Payment and the Interest Due on Lease Payments obligation does not surpass the District’s annual budget and will not require the District to increase or impose additional taxes or obligations on the public that did not exist prior to the execution of the Facilities Lease.
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Related to Lease Payments and Interest Due on Lease Payments

  • Definitions For purposes of this Agreement:

  • NOW, THEREFORE the parties hereto agree as follows:

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Dimensions Education Bachelor’s or Master’s Degree in Computer Science, Information Systems, or other related field. Or equivalent work experience. A minimum of 7 years of IT work experience in infrastructure/network environments performing networkplanning, architecture design, engineering (hardware and software) and optimization.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

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