Obligation for Payment Sample Clauses

Obligation for Payment. Failure of the EMPLOYER to make full and prompt payment of the amounts required hereby, in the manner and on the dates herein provided, shall at the option of the UNION, be deemed a violation of this Agreement. This obligation shall be a direct and continuing obligation of the EMPLOYER during the life of this Agreement; and it shall be deemed a violation of this Agreement if the PLANT, to which this Agreement is applicable, shall be sold, leased, subleased, assigned or otherwise disposed of for the purpose of avoiding the obligation hereunder.

Obligation for Payment. Tenant will pay all taxes (collectively the “Taxes”), including without limitation all Real Property Taxes and personal property tax, assessment, license fee, license tax, levy, charge, penalty or similar imposition assessed, levied, confirmed, or imposed during the Lease Term, whether or not now customary or within the contemplation of Landlord and Tenant: (i) upon the Premises; (ii) upon, measured by, or reasonably attributable to the cost or value of Tenant’s Equipment, or by the cost or value of any leasehold improvements made in or to the Premises by or for Tenant, regardless of whether title to the improvements is in Tenant or Landlord; (iii) upon or measured by the Basic Rent, including without limitation any gross receipts tax or excise tax levied by the federal government or any other governmental body with respect to the receipt of Basic Rent (but not including any income tax); (iv) upon or with respect to the possession, leasing, operation, management, maintenance, alteration, repair, use, or occupancy by Tenant of the Premises or any portion of the Premises; (v) upon this transaction or any document to which Tenant is a party creating or transferring an interest or an estate in the Premises from Landlord to Tenant; (vi) upon all personal property, furniture, fixtures, and equipment located at the Premises, and all replacements, improvements, or additions to them, whether owned by Landlord or Tenant; and (vii) based in whole or in part on a Basic Rent, whether made in addition to or in substitution for any other tax. Tenant shall pay the applicable taxing authority(ies) directly, provided that Landlord may, at its option, upon reasonable written notice delivered to Tenant, elect to be billed and pay the taxes and seek reimbursement from Tenant as set forth herein. Tenant shall furnish to Landlord and Fee Mortgagee with documentation in a form reasonably acceptable to Landlord showing payment in full of all Real Estate Taxes and any other Taxes which could create a lien against the Premises no later than fifteen (15) days prior to the date on which such Taxes, if not paid, will become delinquent.

Obligation for Payment. Tenant shall pay, satisfy and discharge as the same become due and payable and prior to delinquency all ad valorem real and personal property taxes and assessments and any other taxes or charges levied or imposed upon or against Tenant's proportionate share of the real estate on which the Building is to be situated and/or any improvements now or hereafter made or constructed upon the real estate on which the Building is to be situated (the "Improvements") during the term of this Lease (collectively, "Taxes"). If any Taxes are levied against Landlord or Landlord's property and if Landlord elects to pay the same or if the assessed value of Landlord's property is increased by inclusion of personal property and trade fixtures placed by Tenant in the Premises and Landlord elects to pay the Taxes based on such increase, Tenant shall pay to Landlord upon demand that part of such Taxes for which Tenant is primarily liable hereunder.

Obligation for Payment. Tenant will pay all general real estate taxes and assessments attributable to the Premises during the Term (collectively, the “Taxes”) within thirty (30) days of receipt of a bill for the same from Landlord, but in any event on or before the date due. If, by law, any Taxes may at the option of the taxpayer may be paid in installments (whether or not interest accrues on the unpaid balance of the tax), Tenant may exercise the option to pay such Taxes in installments. Any Taxes relating to a fiscal period of the taxing authority, a part of which period is included within the Term and a part of which is included in a period of time after the end of the Term, whether or not such tax or installments are assessed, levied, confirmed, imposed upon or in respect of, or become a lien upon the Premises, or become payable, during the Term, will be adjusted between Landlord and Tenant upon the issuance of a bill for such Taxes, so that Tenant will pay that portion of the Taxes or installment thereof which the part of the fiscal period included in the Term bears to the fiscal period, and Landlord will pay the remainder.

Obligation for Payment. Obligation for payment under the Agreement for any Pharmaceutical Services rendered to a TennCare enrollee is solely that of PBM. In no event shall PBM be obligated to pay any claim from the Pharmacy unless and until sufficient funds have been made available to PBM. PBM shall only pay the Pharmacy for services (1) provided in accordance with the requirements of the Agreement, PBM’s policies and procedures implementing the Agreement, (posted at: https:// ▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) and state and federal law, and (2) provided to TennCare enrollees who are enrolled with a managed care contractor (MCC). The Pharmacy is responsible for (1) ensuring that any prior authorization requirements are met and (2) verifying that a person is eligible for TennCare on the date of service.

Obligation for Payment. ▇▇▇▇▇▇▇▇ agrees to pay before they become delinquent all taxes, assessments and governmental charges of any kind and nature whatsoever lawfully levied or assessed against the Building and the Land, (hereinafter collectively referred to as “Taxes” or “Tax”). Tenant shall pay to Landlord monthly, as Additional Rent, an amount equal to one-twelfth (1/12) of Tenant’s Proportionate Share of the estimated Taxes for each applicable year (as determined by Landlord). Notwithstanding anything herein to the contrary, in the event that the construction or installation of any improvement or equipment within the Premises, by or on behalf of Tenant, causes an increase in the Taxes, Tenant shall be solely responsible for such increase and Landlord shall have the right to require Tenant to pay such additional amount, as Additional Rent, together with the other monthly payments required to be paid by Tenant pursuant to this Section 5(A). Tenant shall pay to Landlord monthly, as Additional Rent, an amount equal to one-twelfth (1/12) of the estimated amount of such increase (as determined by Landlord), If the total estimated payments paid by Tenant pursuant to this Section 5(A) in any calendar year, or portion thereof during which the Lease is in effect, are less than Tenant’s actual Proportionate Share of such Taxes, Tenant shall pay to Landlord, upon demand, as Additional Rent, such Tax payment shortage, together with interest thereon at the Default Rate from the date that is twenty (20) days after such demand, until fully paid. If the total estimated payments paid by Tenant pursuant to this Section 5(A) in any calendar year are more than Tenant’s actual Proportionate Share of such Taxes for such calendar year, or portion thereof during which the Lease is in effect, Landlord shall retain such Tax payment excess and credit it to Tenant’s next accruing Rent payment.

Obligation for Payment. Payment in accordance with Section 4.01 shall be due and owing to Intermedix by Provider for all accounts collected during the Term and collected after the term but billed during the term regardless of whether payment was made to Intermedix or to Provider and regardless of whether Intermedix is used as the billing agent. Intermedix and Provider agree that the purpose of this section is to guarantee that Intermedix is the sole person engaging in billing services on behalf of Provider.

Obligation for Payment. Landlord will pay all real estate taxes and assessments assessed, levied, confirmed, or imposed during the term of this Lease, against the Premises. Tenant shall be obligated to pay all personal property taxes. Tenant shall be responsible for paying any state sales tax.

Obligation for Payment. ISSUER’S OBLIGATION TO MAKE PAYMENTS TO THE HOLDERS OF THE TIF BONDS PURSUANT TO THIS MEMORANDUM SHALL NOT BE DEEMED TO BE A GENERAL OBLIGATION OF ISSUER, SHALL BE PAYABLE SOLELY FROM THE TAX INCREMENT REVENUES RECEIVED BY ISSUER, FROM ANY REVENUES RECEIVED PURSUANT TO THE BRAC ACT,AND FROM THE SPECIAL TAX (HEREINAFTER DEFINED).