Optional Payment Method Sample Clauses
The Optional Payment Method clause allows one or both parties to choose from multiple forms of payment when fulfilling their obligations under a contract. For example, a party might be permitted to pay either in cash, by check, or through electronic transfer, depending on what is most convenient or agreed upon at the time of payment. This clause provides flexibility in how payments are made, helping to accommodate varying preferences or circumstances and reducing the risk of disputes over acceptable payment methods.
Optional Payment Method. Payment shall be made for the lesser of: the number of hours indicated by the employee on his/her election form or the number of unused sick leave hours earned during the Accrual Year, with regard to an Eligible Employee who:
1. has elected to receive payment under the optional method; and
2. as of December 31 of the Accrual Year, has accumulated at least seven hundred twenty (720) hours of sick leave but has not accumulated enough aggregate hours to receive payment for all hours to receive payment for all of the hours he/she accrued during the Accrual year at the rate specified in the subparagraph ii or iii above. The amount of payment under the Optional Method shall be based on the percentage of the employee’s regular hourly rate that would apply to all of the hours for which the employee is to be paid (namely, the next lower rate than that for which the employee was otherwise qualified).
Optional Payment Method. Master Card Visa Discover Amex e-Check Auto Pay Account# Routing# If e-Check Exp. Date CVV Number Name on Card I agree to be bound by the terms of service posted at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/termsofservice.aspx, and by Xchange Telecom’s tariffs. I understand that they are subject to change. If I do not agree with the change, I will immediately cease use of the service. I agree that my continued use of the service after revision is an acceptance of those terms of service. If I selected e-billing above, I agree to accept any bills and other correspondence sent to the email address that I provide above or any other email address that I provide as if it was physically mailed to me. If I would like to opt out of e-bill, I understand that I must contact Customer Service. If I provided my credit card or bank account number above and selected auto-pay, I understand that the amount due on my bill will be automatically deducted from my provided bank account or credit card on or about the due date on my bill, that I am fully responsible to ensure that there are suf�icient funds or credit available for that bill, and for any fees charged by my bank including insuf�icient fund fees. One year contract, early termination fee of up to $200 applies to all contracts. I agree that I will own and be responsible for the Equipment to be installed to provide the service; that I am contracting with Wiremax, which is a separate and independent entity from Xchange Telecom Corp., to install and maintain the equipment; and that I convey to Xchange Telecom Corp. an irrevocable rent-free license to construct, replace, remove, maintain and use the Equipment, to be located within my property, in order to provide services to myself, my tenants and neighbors. I further grant Xchange and Wiremax full access to my property, and that if I fail to pay for the Equipment, I grant Xchange the right to remove the equipment from my property with prior notice and at reasonable times. If I do not own the property where the services are to be installed, or if my use of such property is subject to a homeowner association or other restrictions, I agree that I have obtained all third party consents to install on the property. I acknowledge that Xchange has no responsibility for the maintenance or repair of any equipment or software provided in connection with the Service, including the Antenna, Network Interface Device or Router, or any other equipment or services that I choose to use in connectio...
Optional Payment Method. Payment shall be made for the lesser of: the number of hours indicated by the employee on their election form or the number of unused sick leave hours earned during the Accrual Year, with regard to an Eligible Employee who:
Optional Payment Method. Payment shall be made for the lesser of: the number of hours indicated by the employee on their election form or the number of unused sick leave hours earned during the Accrual Year, with regard to an Eligible Employee who:
1. has elected to receive payment under the optional method; and
2. as of December 31 of the Accrual Year, has accumulated at least seven hundred twenty (720) hours of sick leave but has not accumulated enough aggregate hours to receive payment for all of the hours they accrued during the Accrual Year at the rate specified in subparagraph ii. or iii., above. The amount of the payment under the Optional Method shall be based on the percentage of the employee’s regular hourly rate that would apply to all of the hours for which the employee is to be paid (namely, the next lower rate than that for which the employee was otherwise
Optional Payment Method. Required for $1 Discount
Optional Payment Method. At any time prior to repayment of all amounts as under the Note, all or any portion of the principal amount of the Note shall be convertible at the option of the Maker into fully paid, nonassessable and free trading shares of AccessKey IP, Inc. Common Stock. The number of shares of AccessKey IP, Inc. Common Stock that Lender shall be entitled to receive upon conversion shall be equal to the number attained by dividing the principal, including accrued interest pursuant to the Note being converted by the Conversion Price. The "Conversion Price" shall be shall be equal to the lesser of (a) $0.10 per share (b) fifty percent (50%) of the closing bid price for Common Stock on the trading day immediately prior to the Lender's receipt of shares pursuant to such Conversion or payment, or Notice of such Conversion or (c) fifty percent (50%) of the average closing bid price for Common Stock on the five (5) Trading Days immediately prior to the Lender's receipt of shares pursuant to such Conversion or payment, or Notice of such Conversion (the "Fixed Price"). For purposes of the preceding sentence, (b) and (c), and the pricing, where the Lender already has possession of shares pursuant to such Conversion or payment, Notice shall be operative, and not :receipt. For purposes of the preceding sentence, if the Maker delivers shares on a date other than When shares arc due or payable in accordance with. the terms hereof, the Lender can treat the share delivery as though made when due.