Maintenance Payments. Lessee shall pay to Lessor as Supplemental Rent the Maintenance Payments as provided in Annex A.
Maintenance Payments. Lessee shall pay those federal claim maintenance fees due on the Property by September 1, 2004 and any associated county recordation fees. For each year this Agreement remains in effect past June 1 of the then current year, Lessee shall timely and properly pay federal maintenance fees and county recordation fees pertaining to the Property leased hereunder to Lessee.
Maintenance Payments. Lessee shall pay to Lessor Maintenance Payments monthly in arrears for the Aircraft in the following amounts: Airframe “SC Checks”: *****
Maintenance Payments. AXP shall make quarterly maintenance payments to GT in accordance with the payment schedule set forth in Exhibit "C".
Maintenance Payments. Lessee is currently negotiating a Power-by-the-Hour Agreement. Any Power-by-the-Hour Agreement during the Term shall be assigned to Lessor by Lessee as additional collateral for Lessee's obligations under this Lease and Lessee shall ensure that Lessor has a perfected security interest in Lessee's interest in such Power-by-the-Hour Agreement. Such collateral assignment shall be effective upon the effectiveness of the Power-by-the-Hour Agreement; provided that Lessor shall not exercise any rights under the assignment unless and until an Event of Default has occurred and is continuing. The counterparty shall consent to such collateral assignment in writing and agree that, (i) upon written notice from Lessor of the occurrence and continuation of an Event of Default, and (ii) the assumption thereof by Lessor or its assignee, Lessor or its assignee shall be eligible for all rights and benefits thereunder on terms no less favorable than Lessee. At any time during time during the Term (other than the 120-day period following the Delivery Date) that there is not a Power-by-the Hour Agreement, Lessee shall pay to Lessor Engine maintenance payments with respect to each Engine for each Flight Hour that such Engine is used, including all Flight Hours on a retroactive (to the last maintenance visit) basis so that Lessor has received payments for each Engine equivalent to the proportional share of the cost of the next maintenance visit for such Engine ("Maintenance Payments"). The amount of and terms and conditions with regard to Maintenance Payments and the use and application thereof have not been agreed by Lessee and Lessor, and Lessee and Lessor agree to negotiate in good faith with respect thereto promptly upon the failure of Lessee to enter into a Power-by-the-Hour Agreement within 90 days after the Delivery Date and at any time thereafter during which a Power-by-the-Hour Agreement is not in effect for any reason. The amount of and terms and conditions of the Maintenance Payments shall be set forth in a Lease Supplement and filed with the FAA. In the event that Lessor and Lessee are unable to agree in writing on the amount of and terms and conditions of the Maintenance Payments and the use and application thereof within thirty (30) days of the date that Maintenance Payments are required under this Lease, such amount and terms and conditions shall be determined pursuant to a determination prepared and delivered by a nationally recognized firm of aircraft auditors no...
Maintenance Payments. In the event that there has been no First Commercial Sale by the end of the fourth year following the Effective Date, Sublicensor may at its option terminate this Agreement unless Sublicensee agrees to pay a maintenance fee of $50,000; if there has been no First Commercial Sale by the end of the fifth year following the Effective Date, Sublicensor may at its option terminate this Agreement unless Licensee agrees to pay a maintenance fee of $100,000. At the end of each subsequent year where there has been no First Commercial Sale, Sublicensor's option to terminate shall arise and Sublicensee's ability to forestall termination on payment of a fee shall be twice that paid in the previous year (e.g., $100,000 in the fifth year, $200,000 in the sixth year, and so on).
Maintenance Payments. In consideration of the rights to MacroGenics Intellectual Property granted herein, BI shall pay MacroGenics the following non-refundable, non-creditable, non-accountable amounts: (*** within ***of receipt of an Invoice, which shall be provided by MacroGenics to BI on or after***of the Effective Date; ***within *** of receipt of a written Invoice, which shall be provided by MacroGenics to BI on or after***of the Effective Date; and ***within ***of receipt of a written Invoice, which shall be provided by MacroGenics to BI on or after ***of the Effective Date (each a “Maintenance Payment”).
Maintenance Payments. 7.9.1 Definition: Income maintenance payments are the amounts payable from time to time to maintain the level of salary being received at the date an excess employee is notified that the employee is excess, or at the date of an excess employee’s reduction in classification.
7.9.2 Income maintenance: Income maintenance includes:
a) higher salary where an employee has been acting in duties at a higher classification level for a continuous period of at least twelve months:
i) immediately preceding the date on which the employee is notified that the employee is excess; or
ii) immediately preceding the date on which the employee receives notice of reduction in classification under s23 of the Public Service Act 1999; and
b) other allowances of loadings in the nature of salary which are paid during periods of leave and on a regular basis, except allowances which are a reimbursement for expenses incurred, or a payment for disabilities associated with the performance of duty.
7.9.3 In regard to the provisions of clause 7.9.2, the salary of the duties at the higher classification level received on that date, will be included as salary for income maintenance purposes, provided that the employee would have continued to act in the higher level but for the excess employee situation.
Maintenance Payments. The Tenant acknowledges that part of the costs described in the definition of Operating Costs will be paid by the Landlord as assessments to the Strata Corporation for the Building. In calculating Operating Costs payable by the Tenant the Landlord will review the components of the assessment and include in Operating Costs only those components which are costs included in the definition of Operating Costs.
Maintenance Payments. The maintenance payments referred to in PARAGRAPH 7 of the Agreement will be paid as follows and on dates set forth in PARAGRAPH 7 of the Agreement.
D.3.1 There will be no maintenance payments from the acceptance date of the CCS Mug Photo Identification System (MUGIS) to the end of 1999. This will be considered the end of year one.
D.3.2 There will be no maintenance payments for the period of January 1, 2000 ending on December 31, 2000. This will be considered the end of year two.
D.3.3 Beginning January 1, 2001, and ending December 31, 2002, the monthly maintenance fee (paid quarterly as defined IN PARAGRAPH 7 of the Agreement) will be Four thousand five hundred twenty-eight dollars and seventy cents ($4,528.70). The monthly fee is combination of the annual fee of Forty-three thousand four hundred seventy-five dollars and fifty-one cents ($43,475.51) divided by twelve (12) months plus an addition 25 percent supplement charge of Ten thousand eight hundred sixty-eight dollars and eighty-eight cents ($10,868.88) divided by twelve (12) months. The quarterly payment will be Thirteen thousand five hundred eighty-six dollars and ten cents ($13,586.10). December 31, 2001 will be considered the end of year three (3) and December 31, 2002, will be considered the end of year four (4).
D.3.4 Beginning January 1, 2003, and ending December 31, 2003, the monthly maintenance fee will be reduced to one-twelve (1/12th) of the original annual maintenance fee of Forty-three thousand four hundred seventh-five dollars and fifty-one cents ($43,475.
5 1). This base sum adjusted by the lesser of an amount equal to the most recent twelve month percentage change in the Seattle Consumer Price Index or five (5) percent. This will be paid quarterly as defined in paragraph 6 of the Agreement. The period of January 1, 2003, ending on December 31, 2003, will be considered the end of the fifth year.