Minimum Guarantee Payments Sample Clauses

Minimum Guarantee Payments. Section 13.
Sample 1
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Minimum Guarantee Payments. THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS BRACKETED AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. water in quantities which would prohibit AQUAPENN from meeting its monthly minimum. In exchange for said use, AQUAPENN will be paid the sum of [--------------------------] per gallon for spring water not consumed by AQUAPENN and sold to others by Seven Springs. AQUAPENN will not be responsible for the [-------------] fee for spring water acquired by users of the bulk facility for which AQUAPENN receives the [-------------------] fee. The parties acknowledge that AQUAPENN will have a domestic water well for purposes of rinsing bottles or other containers, cleaning floors, sprinkler systems and any other domestic use associated with the operation of the facility. AQUAPENN will be under no obligation to pay a fee to Seven Springs for this usage but AQUAPENN specifically agrees that only water purchased from Seven Springs will be used for bottling, distribution or sale.
Sample 1
Minimum Guarantee Payments. AQUAPENN agrees to purchase from Seven Springs at a cost of [_____________] per gallon, payable on a monthly basis in arrears, all water pumped, extracted, processed or sold by AQUAPENN. Said water shall be extracted from the spring sources currently covered by the Suwannee River Water Management water use permit more specifically described in paragraph 7 and be subject to the minimum and maximum amounts set forth below. In the second year AQUAPENN shall pay a minimum annual payment of [______], in the third year and all subsequent years a minimum annual payment of [______]. There will be no minimum payment in the first year. For this purpose the first year shall begin 12 months from the date of closing or when the plant first becomes operational, whichever first occurs. Beginning the fifth year and continuing each subsequent year, should any monthly payment by AQUAPENN be less than [_____] [______________________] Seven Springs Water Company will have the right to sell spring water to others on a nonexclusive basis for the ensuing sixty (60) day period and in addition will have the right to the use of and access to AQUAPENN's bulk spring water loading facilities on a 24-hour basis. AQUAPENN will construct and maintain its bulk water loading facility in such a manner that personnel from AQUAPENN or Seven Springs will not be required and the bulk spring water customer's driver can reasonably operate the facility by himself. So long as AQUAPENN's bulk loading facility functions in such a manner AQUAPENN will have no staffing responsibilities for users of the bulk loading facility. In no event shall Seven Springs sell THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS BRACKETED AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. water in quantities which would prohibit AQUAPENN from meeting its monthly minimum. In exchange for said use, AQUAPENN will be paid the sum of [__________________________] per gallon for spring water not consumed by AQUAPENN and sold to others by Seven Springs. AQUAPENN will not be responsible for the [_____________] fee for spring water acquired by users of the bulk facility for which AQUAPENN receives the [___________________] fee. The parties acknowledge that AQUAPENN will have a domestic water well for purposes of rinsing bottles or other containers, cleaning floors, sprinkler systems and any other domestic use associated with the operation of the faci...
Sample 1
Minimum Guarantee Payments. The following shall apply in calculating amounts payable to CHECKFREE:
Sample 1
Minimum Guarantee Payments. A technician who reports for work at the start of their regular shift or at the time appointed by the Company without previously having been notified not to report shall be given at least four (4) hours work, except that if work is unavailable as the result of causes beyond the control of the Company, it shall not be so obligated. Failure on the part of an employee to keep the Company informed of a current address and telephone number shall relieve the Company of its responsibility under this section of the Contract.
Sample 1
Minimum Guarantee Payments 
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Related to Minimum Guarantee Payments

  • Payment Processing; Allocation; Priority of Payments (i) The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) Business Days after receipt.

  • The Companys Payment Obligation The Company’s obligation to make the payments and the arrangements provided for herein will be absolute and unconditional, and will not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against the Executive or anyone else. All amounts payable by the Company hereunder will be paid without notice or demand. Each and every payment made hereunder by the Company will be final, and the Company will not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever. The Executive will not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment will in no event effect any reduction of the Company’s obligations to make the payments and arrangements required to be made under this Agreement, except to the extent provided in Sections 3.3(e) and (f) herein. Notwithstanding anything in this Agreement to the contrary, if Severance Benefits are paid under this Agreement, no severance benefits under any program of the Company, other than benefits described in this Agreement, will be paid to the Executive.

  • No Financial Obligation No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

  • Obligations Guaranteed Subject to the provisions of this Article II, the Guarantor hereby fully, unconditionally and irrevocably guarantees (a) to each Holder of a Senior Note authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such Senior Note, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Senior Note and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Senior Note, at the rate specified in such Senior Note and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

  • Advances; Payments (i) Revolving Lenders shall refund or participate in the Swing Line Loan in accordance with clauses (iii) and (iv) of Section 1.1(c). If the Swing Line Lender declines to make a Swing Line Loan or if Swing Line Availability is zero, Agent shall notify Revolving Lenders, promptly after receipt of a Notice of Revolving Advance and in any event prior to 1:00 p.m. (New York time) on the date such Notice of Revolving Advance is received, by telecopy, telephone or other similar form of transmission. Each Revolving Lender shall make the amount of such Lender's Pro Rata Share of such Revolving Credit Advance available to Agent in same day funds by wire transfer to Agent's account as set forth in Annex H not later than 3:00 p.m. (New York time) on the requested funding date, in the case of an Index Rate Loan and not later than 11:00 a.m. (New York time) on the requested funding date in the case of a LIBOR Loan. After receipt of such wire transfers (or, in the Agent's sole discretion, before receipt of such wire transfers), subject to the terms hereof, Agent shall make the requested Revolving Credit Advance to Borrower. All payments by each Revolving Lender shall be made without setoff, counterclaim or deduction of any kind.

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