Outstanding Monies Sample Clauses
The 'Outstanding Monies' clause defines the obligations regarding any unpaid amounts that are still owed between parties under an agreement. Typically, this clause outlines when and how such outstanding payments must be settled, often specifying timelines, interest on late payments, or the process for reconciling accounts at the end of a contract. Its core function is to ensure that all financial obligations are clearly addressed and resolved, thereby preventing disputes over unpaid sums and providing a clear mechanism for final settlement.
Outstanding Monies. An employee whose employment is terminated by the Employer, shall be paid all vacation credits and salary due upon such termination of employment.
Outstanding Monies. 10.6.1 Any outstanding monies owed to the Company by an Employee at the time of termination will be deducted from the termination payments made to the Employee.
10.6.2 Any outstanding monies owed by the Company to Employees will be paid in the final payment of monies made on the date of termination or on a date otherwise agreed.
Outstanding Monies. To the extent permitted by law, the Company and the Musicians agree that any outstanding monies owed by a Musician on termination will be deducted from final payment of monies unless otherwise agreed prior to termination.
Outstanding Monies. 13.1 For the purpose of this Clause 13:-
Outstanding Monies a) Upon termination of the General Terms, the Customer must immediately pay to Australia Post all amounts unpaid under the General Terms and a Service Schedule for the period to the date of termination.
b) Where a particular Service Schedule has been terminated, but this the General Terms agreement continues to apply, the Customer must immediately pay to Australia Post all amounts owing under that Service Schedule for the period to the date of termination.