Nonrefundable Payment Sample Clauses

Nonrefundable Payment. (a) In consideration for Stockholder (i) agreeing to vote its shares and granting to JRCC the irrevocable proxy provided for in Paragraph 1 above; (ii) agreeing to tender its Shares as provided in Paragraph 2 above; and (iii) granting the Option provided for in Paragraph 4, JRCC shall pay to Stockholder $1,000,000 on the date hereof. Such amount shall, subject to Paragraphs 3(b) and (c) below, be nonrefundable, but shall be credited in full against the amount Stockholder would otherwise be entitled to receive upon conversion of its Shares in the Merger, pursuant to any Tender Offer or pursuant to the exercise of the Option provided in Paragraph 4 below. (b) If the Shares, on a fully diluted basis, do not represent a majority of the issued and outstanding shares of Company Common Stock on the date established for the purchase of the Shares by JRCC, whether in accordance with the Merger or upon exercise of the Option, the $1,000,000 to be paid by JRCC pursuant to Paragraph 3(a) above shall be fully refundable to JRCC. (c) If Stockholder's representations and warranties set forth in paragraph 10 are not true and correct, if Stockholder breaches any covenant or agreement set forth herein or if the Company is not exempt from Section 203 of the Delaware General Corporation Laws, the $1,000,000 to be paid by JRCC pursuant to Paragraph 3(a) above shall be fully refundable to JRCC.
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Nonrefundable Payment. BROADCASTER may require the Operator to pay an amount as may be determined by BROADCASTER fr om time to time, for each digital satellite receivers/integrated receiver decoder provided by BROADCASTER to the Operator under this Agreement. Such refundable security deposit amount wherever taken shall be refunded by BROADCASTER to the Operator upon expiry or earlier termination of the Agreement, subject to the Operator returning the digital satellite receivers/integrated receiver decoder in perfect working condition (reasonable wear and tear acceptable) and also subject to BROADCASTER setting off the refundable security deposit amount, or part thereof, with any amount receivable by BROADCASTER from the Operator on such date of expiry or termination of the Agreement.
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Nonrefundable Payment. MB agrees to accept from Purchaser at the time of execution of this Agreement a nonrefundable payment in the amount of seven hundred forty seven thousand seven hundred eighty-two dollars and 00/100 ($747,782.00), representing the Total Purchase Price.
Sample 1
Nonrefundable Payment. In consideration of the license granted herein, Licensee shall pay to Licensor the nonrefundable fee (“License Fee”) set forth on Exhibit A by wire transfer on or before July 31, 2005 and shall issue a purchase order reflecting the foregoing on or before June 30, 2005. All payments shall be made by wire transfer to Silicon Valley Bank 3000 Xxxxxx Xxxxx Xxxxx Xxxxx, XX 00000 Phone: 400-000-0000 Account #3300045171 ABA # 100000000 For the credit of Tumbleweed Communications (TIN: 90-0000000).
Sample 1
Nonrefundable Payment. In consideration for (i) SENOMYX’s initiation of the Synthetic Enhancing Compound Program, the Natural Enhancing Compound and the Natural Sweetener Program, (ii) SENOMYX’s agreement to provide future R&D services on an exclusive or co-exclusive basis during the Original Collaborative R&D Period, PEPSICO shall pay to SENOMYX a nonrefundable payment of [15], of which […***…] has been previously paid by PEPSICO to SENOMYX in connection with the execution of the Term Sheet and the remaining […***…] of which shall be paid by PEPSICO to SENOMYX within […***…] of the Effective Date. Such payment shall be non-refundable and non-creditable. SENOMYX acknowledges that the foregoing payment was already paid by PEPSICO in 2010.
Sample 1
Nonrefundable Payment. In consideration for (i) SENOMYX’s initiation of the Synthetic Enhancing Compound Program, the Natural Enhancing Compound and the Natural Sweetener Program, (ii) SENOMYX’s agreement to provide future R&D services on an exclusive or co-exclusive basis during the applicable Collaborative R&D Period as described by Section 7.1, and (iii) the Extension Option provided in Section 2.3 pursuant to which PEPSICO may extend the Collaborative R&D Period for one or more of the Collaborative R&D Programs, PEPSICO shall pay to SENOMYX a nonrefundable payment of US$30,000,000, of which US$7,500,000 has been previously paid by PEPSICO to SENOMYX in connection with the execution of the Term Sheet and the remaining US$22,500,000 of which shall be paid by PEPSICO to SENOMYX within fifteen days of the Effective Date. Such payment shall be non-refundable and non-creditable.
Sample 1
Nonrefundable Payment. Upon the execution of this Agreement, Accuride shall pay or cause to be paid to Kaiser an irrevocable, nonrefundable payment in the amount of Thirty-Five Million Dollars ($35,000,000), payable in cash by wire transfer of immediately available funds to the account or accounts specified in writing by Kaiser (the "NONREFUNDABLE PAYMENT").
Sample 1
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Nonrefundable Payment. In consideration for (i) SENOMYX’s initiation of the Synthetic Enhancing Compound Program, the Natural Enhancing Compound and the Natural Sweetener Program, (ii) SENOMYX’s agreement to provide future R&D services on an exclusive or co-exclusive basis during the Original Collaborative R&D Period, PEPSICO shall pay to SENOMYX a nonrefundable payment of US$30,000,000, of which US$7,500,000 has been previously paid by PEPSICO to SENOMYX in connection with the execution of the Term Sheet and the remaining US$22,500,000 of which shall be paid by PEPSICO to SENOMYX within […***…] of the Effective Date. Such payment shall be non-refundable and non-creditable. SENOMYX acknowledges that the foregoing payment was already paid by PEPSICO in 2010.
Sample 1

Related to Nonrefundable Payment

  • Non-Refundable In the event that the fare purchased by the Passenger does not allow refunds, the ticket may be turned into a credit to be used as a payment method for future purchases for up to one year from the ticket’s original date of issuance. According to the conditions of the purchased fare or regulations established by the authorities of each country.

  • Returned Payment Fee If your account is subject to a Returned Payment Fee, the fee will be charged to your account when a payment is returned for any reason.

  • EXPENSE PAYMENTS The Owner hereby gives power to the Agent to pay expenses and costs for the Property from the Owner’s funds held by the Agent, unless otherwise directed by the Owner. The expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, association or condominium dues, assessments, loan payments, and insurance premiums.

  • Ratable Payments If any Lender, whether by setoff or otherwise, has payment made to it upon its Loans (other than payments received pursuant to Section 3.1, 3.2, 3.4 or 3.5) in a greater proportion than that received by any other Lender, such Lender agrees, promptly upon demand, to purchase a portion of the Loans held by the other Lenders so that after such purchase each Lender will hold its ratable proportion of Loans. If any Lender, whether in connection with setoff or amounts which might be subject to setoff or otherwise, receives collateral or other protection for its Obligations or such amounts which may be subject to setoff, such Lender agrees, promptly upon demand, to take such action necessary such that all Lenders share in the benefits of such collateral ratably in proportion to their Loans. In case any such payment is disturbed by legal process, or otherwise, appropriate further adjustments shall be made.

  • Fees Non-Refundable All fees set forth in this Section 2.8 shall be deemed to have been earned on the date payment is due in accordance with the provisions hereof and shall be non-refundable. The obligation of the Borrower to pay such fees in accordance with the provisions hereof shall be binding upon the Borrower and shall inure to the benefit of the Administrative Agent and the Banks regardless of whether any Loans are actually made.

  • Invoice Payment 3.1. The CUSTOMER shall pay all valid invoices submitted by the CONTRACTOR in accordance with the provisions of this Schedule in accordance with the provisions of Clause 5 of this Contract. 3.2. In the event of a disputed invoice, the CUSTOMER shall make payment in respect of any undisputed amount in accordance with the provisions of Clause 5 of this Contract and return the invoice to the CONTRACTOR within ten (10) Working Days of receipt with a covering statement proposing amendments to the invoice and/or the reason for any non-payment. The CONTRACTOR shall respond within ten (10) Working Days of receipt of the returned invoice stating whether or not the CONTRACTOR accepts the CUSTOMER’s proposed amendments. If it does then the CONTRACTOR shall supply with the response a replacement valid invoice. If it does not then the matter shall be dealt with in accordance with the provisions of Clause 21 of this Contract.

  • Late Payment Fee Students will be assessed a late payment fee if acceptable payment arrangements are not made by the due date indicated on the statement. Acceptable payment arrangements include payment in full, pending financial aid, approved third-party billing (i.e. veterans) and an active and current payment plan with the Bursar’s Office.

  • PRE-PAYMENT The Tenant shall: (check one)

  • Upfront Payment Upon the execution of this Agreement, the Lessee shall pay to the Lessor the following: (check one) ☐ - First Month’s Rent of: [AMOUNT (IN WORDS)] Dollars ($[AMOUNT (AS A NUMBER)]) ☐ - Last Month’s Rent of: [AMOUNT (IN WORDS)] Dollars ($[AMOUNT (AS A NUMBER)]) ☐ - Security Deposit of: [AMOUNT (IN WORDS)] Dollars ($[AMOUNT (AS A NUMBER)]) POSSESSION. Possession shall commence on [MM/DD/YYYY], unless otherwise agreed upon. The Lessor shall use due diligence to give possession as nearly as possible at the beginning of the Term. The Rent shall be prorated in consideration of any delay in providing possession, but the Term shall not be extended as a result of such delay. The Lessee shall make no other claim against the Lessor for the delay in obtaining possession of the Premises.

  • Fee Payment To pay the required Commission filing fees relating to the Notes within the time period required by Rule 456(b)(1) of the Rules and Regulations without regard to the proviso therein and otherwise in accordance with Rule 456(b) and 457(r) of the Rules and Regulations;

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