Method of Settlement. The Company shall deliver to the Grantee one Share for each vested Restricted Stock Unit, less any Shares withheld in accordance with Paragraph 2(e) of this Agreement. Share certificates shall be issued in the name of the Grantee (or of the person or persons to whom such Restricted Stock Units were transferred in accordance with Paragraph 4 of this Agreement).
Method of Settlement. Notwithstanding anything herein to the contrary, to the extent possible, any transfer or assumption of Liabilities pursuant to this Article 2 shall be effected, prior to the Distribution Date or as soon thereafter as is reasonably practicable, through a corresponding adjustment in the relevant intercompany account balances of the parties hereto.
Method of Settlement. The Company shall deliver to the Director one Share for each vested Restricted Stock Unit in book entry form.
Method of Settlement. All adjustment of the Contract Price provided in this Article shall be balanced by adjustment of the last instalment of the Contract Price due upon delivery of the Vessel. For the avoidance of doubt, the Buyer shall be entitled to deduct automatically an amount equal to the aggregate liquidated damages determined in accordance with this Article from the final instalment of the Contract Price payable on delivery of the Vessel. The liquidated damages payable under this Article are cumulative and not exclusive.
Method of Settlement. All Orders transmitted outside of Fund/SERV shall be settled outside of Fund/SERV on the appropriate Settlement Date set forth in Section 6.a. above. At Xxxxxx’x sole discretion, Schwab and Fund Company shall settle Orders transmitted via Fund/SERV either outside of the NSCC’s money settlement process or through the NSCC’s money settlement process on the appropriate Settlement Date as set forth in Section 6.a. above.
Method of Settlement bank transfer. Settlement Time: settled by Buyer at least 10 days before the delivery of seed.
Method of Settlement. (i) All Orders transmitted by Schwab outside of NSCC shall be settled by Schwab and Fund Company outside of NSCC on the appropriate Settlement Date.
(ii) All Orders transmitted by Schwab through NSCC to a Sub-Account shall be settled by Schwab and Fund Company through the NSCC's money settlement process on the appropriate Settlement Date.
(iii) All Orders transmitted by Schwab through NSCC to an Omnibus Account, at Schwab's sole discretion, xxxxx be settled by Schwab and Fund Company either outside of the NSCC's money settlement process or through the NSCC's money settlement process on the appropriate Settlement Date.
(iv) Any commission or concession due Schwab on a purchase Order in an Account shall settle net with the Order. Any CDSC or short term redemption fee under Section 7.f. due a Fund on a redemption Order in a Sub-Account shall settle net with the order. Any CDSC or short term redemption fee under Section 7.f. due to a Fund on a redemption Order in an Omnibus Account shall be remitted by Schwab to the Fund on no less than a monthly basis in a manner mutually agreed upon by the parties.
Method of Settlement. 1. Settlement point: to be set up according to Party A’s requirement.
2. Method of settlement:
(1) Party B shall connect with Party A’s SMS center via Party A’s SMS gateway, billing data shall be based on the statistics of Party A’s SMS gateway. Settlement shall be conducted monthly between the 15th and 20th of the current month regarding the fess accrued from the first day to the last day of the previous month. Upon conclusion of the normal billing accounting period, Party A shall sum up the information service fees receivable by Party B for the current month, and the unbalanced communication fees payable to Party A, according to which the parties shall conduct settlement of service fees.
(2) The parties shall conduct settlement on the information service fees receivable in the current month that is indicated by Party A’s billing system. The amount for settlement shall be calculated at 85% of the information service fees less the unbalanced communication fees collected from Party B. If the net amount is a positive number, Party A shall pay the net amount to Party B, and receive a service invoice from Party B; if the net amount is a negative number, Party B shall pay the net amount to Party A, and receive a service invoice from Party A. The party receiving the payment shall issue and deliver an invoice to the paying party within three days after receipt of such payment (to be testified by the post xxxx of the local post office).
(3) The parties shall conduct the settlement and payment in strict compliance with the provisions concerning settlement method and settlement cycle. If any party fails to pay the settlement fees beyond the date of payment (20th of each month), such party shall pay the receiving party liquidated damages at 1% each day. If the defaulting party fails to pay the amount in arrears after two months upon notification, the receiving party shall have the right to file a lawsuit against the defaulting party, and the defaulting party shall be liable for the legal consequences arising therefrom.
Method of Settlement. Every and all adjustment of price provided in this Article shall be balanced at the payment due upon delivery of the VESSEL.
Method of Settlement. 1) Party B shall make a calculation of the On-grid Tariff and the Planned Generation Cost. This Planned Generation Cost will be part of the tariff calculation prior to the end of November of each Year and submit it to the Anhui Provincial Pricing Bureau for approval after full consultation with Party A. The Planned Generation Cost shall include the Variable Cost, salary and welfare overhaul expense and other costs of Party A as stipulated in Appendix 4 hereof. In settling the electricity fees, both Parties must strictly implement the Approved Generation Cost and the On-grid Tariff.
2) Party A is both the operator and the offtaker of the Power Plant. In respect of Party B, it is the Party A's strict responsibility to ensure the generation of Annual Minimum On-Grid Quantity and the purchase of Annual Minimum On-Grid Quantity. In order to accelerate the turnover of funds, both Parties agree that the electricity fees which Party A pays to Party B and the Approved Generation Cost which Party B pays to Party A in respect of each KWH of generation up to the level of the Annual Minimum On-Grid Quantity shall adopt the method of offsetting and deduction. Only Approved Generation Cost shall be deducted from each amount payable by Party A pursuant to this Contract, together with the provision of a tax payment receipt to Party B in connection with the VAT and other Tax (as in Appendix 4 ) relevant to power generation which is withheld by Party A, (the above tax payment receipt shall be the amount to be paid in full in accordance with the state regulation on electric power VAT and in which the VAT for purchase is not withheld.) the balance after deduction shall be remitted to the bank account designated by Party B in the form of a written notice to Party B.
3) Party A shall open a special-purpose account for settling electricity fees in the Anhui Branch of the Bank of China, and will settle accounts with Liyuan-AES and Hefei Zhongli, Party A shall guarantee that there is sufficient funds in the special-purpose account for settling electricity fees so as to pay all the accounts due and payable under this Contract (including without limitation this Section 10.03 , Section 10.04 and Section 12.05
