NRE Payment Clause Samples

NRE Payment. 4.1 Payment: Intel shall pay [*] to Aquantia as NRE per table below. 4.2 [*] 4.3 NRE: Intel shall pay Aquantia for non-recurring engineering expenses (“NRE”) associated with the development of [*], according to the table above. This includes [*]. If [*] are necessary, then [*]. [*]. [*].
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NRE Payment. Proterra shall make non-recurring engineering (NRE) payments to TPI related to the modification of the bus bodies. These payments will be broken into the following three installments but are reflective of the redesign efforts: i. [***] paid on or before [***]. ii. [***] contingent and paid in [***] monthly installments of [***] contingent upon TPI’s timely delivery of bus bodies between [***] as set forth in the [***] Delivery Schedule attached hereto as Exhibit A (the “Delivery Schedule”). If TPI delivers all the bus bodies scheduled during a particular month, TPI shall invoice Proterra for the monthly installment and Proterra shall make payment subject to the Agreement’s payment terms. If TPI fails to deliver all the bus bodies in a month per the Delivery Schedule, Proterra will not owe or otherwise be liable for the respective monthly installment. iii. [***] contingent and paid as follows: (i) [***] paid upon TPI’s on time delivery of at least [***] of the 35’ Heron bus bodies scheduled in the mutually agreed production plan to be delivered in [***]; (ii) [***] paid upon TPI’s on time delivery of at least [***] of the 35’ Heron bus bodies scheduled in the mutually agreed production plan to be delivered in [***]; and (iii) [***] paid upon TPI’s on time delivery of at least [***] of the 35’ Heron bus bodies scheduled in the mutually agreed production plan to be delivered in [***]. If TPI satisfies the stated conditions, TPI will invoice and Proterra will pay consistent with the Agreement’s payment term conditions.
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NRE Payment. Cisco agrees to pay Supplier two million dollars ($2,000,000.00 USD) in non-recurring engineering expenses (“NRE”) to help fund the expansion of Supplier facilities to support the increased supply of Supplier Product as set forth in Section 1 above. The NRE payment shall be made by Cisco Net 30 days from the date of receipt of the invoice from Supplier representing the NRE payment. Supplier shall not issue such invoice until August 1, 2022 or the Effective Date of this MOU, whichever is later.
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NRE Payment. Upon execution of this Amendment No. 2, TPI shall submit an invoice to Proterra for the NRE Payment in the amount of [***]. The NRE Payment shall be paid as follows: (i) [***] payable on [***] and (ii) [***] payable on [***]. CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE IT IS NOT MATERIAL AND WOULD LIKELY CAUSE COMPETITIVE HARM TO ARCLIGHT CLEAN TRANSISTION CORP. IF PUBLICLY DISCLOSED. SUBJECT TO FED. R. EVID. 408
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NRE Payment. Proterra shall make non-recurring engineering (NRE) payments to TPI related to the modification of the 35’ bus body design. These payments will be broken into two phases but are reflective of the [***] for the 35’ bus body program: (i) upon execution of this Amendment, TPI shall submit an invoice to Proterra for [***] to be paid in [***] equal, successive monthly installments of [***] (the “Monthly NRE Payment”); and (ii) starting the week of [***], TPI shall submit a weekly invoice to Proterra for [***] (the “Weekly NRE Payment”) [***] (the “Production Schedule”). Subject to a Force Majeure Event, if TPI fails to meet the Production Schedule for any week(s) during the Weekly NRE Payment’s [***], TPI shall forfeit, and Proterra shall have no payment obligation related to, the Weekly NRE Payment for that week. If TPI meets the Production Schedule every week during the [***], the Weekly NRE Payment will total [***]. Each week under the Production Schedule is distinct such that if TPI meets or exceeds the Production Schedule for a particular week, there will be no impact or carry-over to another week’s production requirements or Weekly NRE Payment. TPI agrees to use best efforts and operate in good faith in this regard, and not hold back shipments in one week if the Production Schedule is in jeopardy in order to secure the requirements for the following week.
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NRE Payment. SQUARE will pay ON SEMICONDUCTOR the amount due for the development of the Product by ON SEMICONDUCTOR for SQUARE as set forth in the applicable SOW (“NRE”).
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Related to NRE Payment

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

  • ▇▇▇▇▇▇▇▇▇ Payment The Company shall pay to you the following amounts: i. the Accrued Obligations, which shall be paid to you in a single lump sum cash payment within fifteen (15) calendar days of the Date of Termination; ii. the Pro Rata Bonus, which shall be paid to you in a single lump sum cash payment no later than the later of (A) fifteen (15) calendar days following the Date of Termination or (B) the effective date of the Waiver and Release; iii. an amount equal to the product of (A) 2.0 times (B) the sum of (1) your Adjusted Base Salary plus (2) the greater of (x) your Target Bonus or (y) the average of the annual bonuses paid or to be paid to you with respect to the immediately preceding three (3) fiscal years, which amount shall be paid to you in a single lump sum cash payment no later than the later of (i) fifteen (15) calendar days following the Date of Termination or (ii) the effective date of the Waiver and Release; iv. if you had previously consented to the Company’s request to relocate your principal place of employment more than forty (40) miles from its location immediately prior to the Change of Control, all unreimbursed relocation expenses incurred by you in accordance with the Company’s relocation policies, which expenses shall be paid to you in a single lump sum cash payment no later than the later of (A) fifteen (15) calendar days following the Date of Termination or (B) the effective date of the Waiver and Release; and v. the Other Benefits, which shall be paid in accordance with the then-existing terms and conditions of such plans, programs or policies.

  • One-Time Payment Tenant shall pay to Landlord a one-time payment in the amount of Twelve Thousand Five Hundred and No/100 Dollars ($12,500.00), payable within thirty (30) days of the Effective Date and subject to the following conditions precedent: (a) ▇▇▇▇▇▇’s receipt of this Amendment executed by ▇▇▇▇▇▇▇▇, on or before January 14, 2021; (b) ▇▇▇▇▇▇’s confirmation that Landlord’s statements as further set forth in this Amendment are true, accurate, and complete, including verification of Landlord’s ownership; (c) Tenant’s receipt of any documents and other items reasonably requested by Tenant in order to effectuate the transaction and payment contemplated herein; and (d) receipt by Tenant of an original Memorandum (as defined herein) executed by ▇▇▇▇▇▇▇▇.

  • PRICE & PAYMENT (a) The purchase price for the Products will be the price for the Products in effect at the time of shipment, unless otherwise agreed upon in writing by the parties. Seller may change prices without notice. Prices contained in Seller issued quotations or proposals expire 30 days from the date of quotation and are subject to change or termination by notice during this period. (b) Buyer will pay for all taxes, excises or other charges (except taxes on or measured by net income) that Seller may be required to pay to any government (foreign, national, state or local) with respect to the production, sale or transportation of any Products, except where the law expressly provides otherwise. Unless otherwise agreed to in writing by Seller, ▇▇▇▇▇ will pay all freight, storage, handling, packaging, insurance or similar charges. (c) Seller may require Buyer to pay a deposit or provide an irrevocable letter of credit in favor of Seller in an amount determined by Seller and from a bank approved by Seller payable on presentation of commercial invoice, packing list or a bill or lading indicating delivery to carrier. (d) Unless otherwise noted on the face of these terms and conditions, invoices are payable upon receipt in US funds, in no event greater than 30 days from date of invoice, subject to credit approval. All amounts due to Seller may be accelerated immediately upon ▇▇▇▇▇’s failure to pay invoices as required and shipments of Products may be suspended or cancelled. Interest may be charged by Seller at the highest rate allowable by law. ▇▇▇▇▇ agrees to indemnify and hold harmless Seller from any and all legal fees and costs which may be required to collect any overdue balances. (f) Seller may offset or recoup any amounts owed by Seller to Buyer against any amounts owed by Buyer to Seller. Buyer waives all right of offset and will pay all amounts owed to Seller regardless of any claim asserted by ▇▇▇▇▇. (g) Seller may change payment terms at any time, in its sole discretion.

  • Interim payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ➢ an interim technical report in accordance with the instructions laid down in ▇▇▇▇▇ ▇; ➢ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;