Ongoing Premiums and Other Payments Sample Clauses

Ongoing Premiums and Other Payments. (a) In consideration for the FSA Global DCL Guarantees, unless a DCL Default or DCL Event of Default has occurred and is continuing, FSA Global, Premier and Cypress will be obligated to pay directly to DCL a guarantee fee (the “Guarantee Fee”) in an amount equal to all Premiums paid by each of them after the Closing Date with respect to the Medium-Term Note Business, less (i) the FSA Portion applicable to each FSA MTN Business Policy and (ii) an amount equal to any related Reinsurance Premiums that have not been paid prior to the Closing Date, which amount, described in clauses (i) and (ii) above, will be paid directly by FSA Global, Premier or Cypress as applicable, to the relevant FSA Party, and such FSA Party will, upon receipt thereof, pay the amounts described in clause (ii) above to the relevant Reinsurers. Subject to Section 2.11(a), if an FSA Party receives any Guarantee Fees, it shall hold such amounts in trust for DCL and promptly pay them to DCL. None of FSA Global, Premier or Cypress shall owe any amounts to any FSA Party as premiums under the MTN Business Transaction Documents other than the Reinsurance Premiums described above. An FSA Party may request, and shall receive from DCL within 30 days of such request, a reasonably detailed accounting of all Guarantee Fees to which DCL is entitled under the terms of this Section 4.1(a) for a period specified by such FSA Party. As used herein, the term “FSA Portion” means, for each FSA MTN Business Policy listed on Schedule N, an amount equal to the product of (a) the percentage specified for such MTN Business Transaction Policy in Column C of Schedule N and (b) the Premiums payable to the related FSA Party in connection with such MTN Business Transaction Document prior to the amendments made by this Agreement.
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Related to Ongoing Premiums and Other Payments

  • Taxes and Other Payments 7.1. Unless otherwise specifically provided for in this Agreement, the Company shall not be liable for the payment of taxes or other payments for which the Employee is responsible as result of this Agreement or any other legal provision, and the Employee shall be personally liable for such taxes and other payments.

  • Expenses and Other Payments (a) Except as otherwise provided in this Section 8.3, each party shall pay its own expenses incident to preparing for, entering into and carrying out this Agreement and the consummation of the Transactions, whether or not the Merger shall be consummated.

  • Fees, Expenses and Other Payments (a) Except as otherwise provided in this Section 7.3, whether or not the Merger is consummated, all costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby (including, without limitation, fees and disbursements of counsel, financial advisors and accountants) shall be borne solely and entirely by the party which has incurred such costs and expenses (with respect to such party, its "Expenses").

  • Royalties and Other Payments A. For the rights, privileges and exclusive license granted hereunder, Licensee shall pay to CMCC the following amounts in the manner hereinafter provided. Unless expressly stated otherwise in this Agreement, periodic payment obligations listed below shall endure through the Term of this Agreement, unless this Agreement shall be sooner terminated as hereinafter provided.

  • Improper and Other Payments (a) Neither the Company, any director, officer, employee thereof, nor any agent or representative of the Company nor any person acting on behalf of any of them, has made, paid or received any unlawful bribes, kickbacks or other similar payments to or from any person or authority, (b) no contributions have been made, directly or indirectly, by the Company to a domestic or foreign political party or candidate; and (c) the internal accounting controls of the Company are believed by the Company’s management to be adequate to detect any of the foregoing under current circumstances.

  • Fees and Other Charges (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

  • Expenses and Other Benefits 6.1 The Company shall promptly reimburse to the Executive all reasonable travel and other out of pocket expenses properly incurred by him in the performance of his duties under the Employment. The Executive will submit claims for expenses reimbursement to the Company regularly with appropriate supporting documentation.

  • Expense Reimbursement and Other Benefits (a) During the term of Executive’s employment hereunder, pursuant to Applica’s Travel and Expense Policy and upon the submission of proper substantiation by the Executive, including copies of all relevant invoices, receipts or other evidence reasonably requested by Applica, Applica shall reimburse the Executive for all reasonable expenses actually paid or incurred by the Executive in the course of and pursuant to the business of Applica or any Affiliates.

  • Formalities Fees And Other Charges 11.1 The Pledgor shall be responsible for all the fees and actual expenditures in relation to this Agreement including but not limited to legal fees, cost of production, stamp tax and any other taxes and charges. If the Pledgee pays the relevant taxes in accordance with the laws, the Pledgor shall fully indemnify such taxes paid by the Pledgee.

  • Rent and Other Charges Base Rent, Operating Expenses, and any other amounts which Tenant is or becomes obligated to pay Landlord under this Lease or other agreement entered in connection herewith, are sometimes herein referred to collectively as "Rent," and all remedies applicable to the non-payment of Rent shall be applicable thereto. Rent shall be paid at any office maintained by Landlord or its agent at the Property, or at such other place as Landlord may designate.

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