Owner Payment. If Prime Contractor is not paid by Owner any sum claimed due by Subcontractor, Subcontractor agrees to look solely to the credit abilities of Owner, and not of Prime Contractor for payments under this Subcontract. It is expressly agreed that under this Subcontract, except to the extent of such Owner payments made to Prime Contractor pertaining to Subcontractor’s work, Prime Contractor’s payment obligations to Subcontractor are non- recourse to any assets of Prime Contractor until such time as Subcontractor has exhausted its remedies against Owner, including mechanic’s lien, stop notice, or bond remedies. In the event Prime Contractor is involved with a claim to Owner which includes seeking amounts for final payment or progress payments to Subcontractor, Subcontractor agrees not to pursue a claim against Prime Contractor or its surety until Prime Contractor’s dispute resolution requirements, including lawsuits, have been completed with Owner.

Owner Payment. If Contractor is not paid by Owner any sum claimed due by Subcontractor, Subcontractor agrees to look solely to the credit abilities of Owner, and not of Contractor for payments under this Subcontract. It is expressly agreed that under this Subcontract, except to the extent of such Owner payments made to Contractor pertaining to Subcontractor’s work, Contractor’s payment obligations to Subcontractor are non-recourse to any assets of Contractor until such time as Subcontractor has exhausted its remedies against Owner, including mechanic’s lien, stop notice, or bond remedies. In the event Contractor is involved with a claim to Owner which includes seeking amounts for final payment or progress payments to Subcontractor, Subcontractor agrees not to pursue a claim against Contractor or its surety until Contractor’s dispute resolution requirements, including lawsuits, have been completed with Owner. This clause does not alter or limit Subcontractor’s right to file a lien or stop notice to the extent such rights exist. If any portion of this section is determined to be void, invalid or illegal, all other portions of this section shall remain in full force and effect.

Owner Payment. The billing period for water sales to the Owner shall commence on the Commencement Date and continue on the first day of each month thereafter, and shall end on the last day of the term of this Agreement. The Authority shall deliver a bill to the Owner by the fifth (5th) of the month following the Commencement Date and each month thereafter in an amount for one-twelfth (1/12) the Total Annual Charge forecasted in accordance with Section IV. Monthly payments shall cover the Owner’s obligations from the immediately preceding month. On the first day of each calendar quarter, quarterly adjustments shall be made based on meter readings in order to reconcile differences between Take or Pay Volumes and actual charges based on the volume of consumed water, and to bill for the appropriate Authority O&M Charges based on the actual volume of water consumed, and such adjustments shall be billed separately at the time of the next Take or Pay monthly invoice.

Owner Payment. Upon failure by Owner to pay Contractor as stated in section 17.1(i), Contractor may suspend further Work on Project until payment is made; if no payment or cure is made after thirty (30) days of Owner being found in default of this Contract, Contractor shall have no further obligation to Owner under the terms of this Contract.

Owner Payment. Owner agrees to pay Contractor the total remaining balance of the project above and beyond the Community Heat Pump grant amount awarded by NI under this Agreement and further defined within Section 6.

Owner Payment. (a) All payments deferred under Section 2 of this Amendment shall be made as follows. The Deferred Payment Amount shall be paid in eighteen (18) equal Monthly installments plus interest accrued pursuant to this Amendment at the Interest Rate, commencing on the first day of the Month following Substantial Completion in accordance with the Payment Schedule attached hereto as Exhibit A. Interest shall commence accruing on any portion of the Deferred Payment Amount from the date payment is due on any Invoice properly issued pursuant to Article 7 of the Agreement, and the interest accrued before Substantial Completion shall be paid in full as part of the first installment payment. Notwithstanding any other provision of the Agreement, this Amendment or law to the contrary, Owner shall not be liable to pay interest on any portion of any Invoice or claim for payment by Contractor on account of Contractor’s Fee as long as Owner meets its payment obligations in accordance with this Amendment. (b) For purposes of this Amendment, “Interest Rate” shall be the prime rate as published in the Wall Street Journal (“WSJ Prime Rate”) on the Amendment Effective Date, adjusted up or down Monthly on the first day of each Month thereafter should the WSJ Prime Rate fluctuate, plus 50 basis points (i.e., 0.5%). The Interest Rate will be recalculated on the first day of each Month thereafter.

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Late Payment Charge If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.
Late Payment Charges If any undisputed amount due on a billing statement is not received by the billing Party by the Bill Due Date, the billing Party shall calculate and assess, and the billed Party agrees to pay, a late payment charge on the past due balance equal to one and one-half (1 ½%) percent per month or the highest rate of interest that may be charged under Applicable Law, compounded daily, for the number of days from the Bill Date until the date on which such payment is made. Such late payment charges shall be included on the billing Party’s next statement to the billed Party.
Due Payment All due payment needs to be cleared on the date mention on the agreement copy. Failing to do so would attract a penalty up to 10,000 INR or closure of file at BOCCS.
Final Payment All items or Automated Clearing House (ACH) transfers credited to your account are provisional until we receive final payment. If final payment is not received, we may charge your account for the amount of such items or ACH transfers and impose a return item charge on your account. Any collection fees we incur may be charged to your account. We reserve the right to refuse or return any item or funds transfer.
– PREMIUM & OTHER PAYMENT 16.01 Overtime shall be paid for all paid hours over seven and one-half (7½) hours on a shift or seventy-five (75) hours bi-weekly at the rate of one and one-half (1½) times the employee's regular straight time hourly rate of pay. Overtime is subject to authorization by the Director of Nursing or designate. Authorization shall not be unreasonably withheld. In the event of an emergency, authorization may not be required. 16.02 When an employee is required to work on a paid holiday or on a day for which she is entitled to receive time and one-half (1½) her regular straight time hourly rate and she is required to work additional hours in excess of her normal seven and one-half (7½) hour shift on that day, she shall receive two (2) times her regular straight time hourly rate for such additional hours worked. 16.03 If an employee reports for work at the regularly scheduled time and no work is available, such employee will be paid a minimum of four (4) hours pay at her regular straight time hourly rate, provided the employee has not previously received notification orally or in writing not to report. 16.04 Where call-in is requested within one-half (½) hour of the starting time of the shift and the employee commences work within one (1) hour of the call, then the employee will be paid as if the entire shift had been worked, provided she completes the shift for which she was called in. 16.05 It shall be the responsibility of the employee to consult the posted work schedule. Changes to the posted schedule required by the Employer shall be brought to the attention of the employee. Where less than twenty-four (24) hours' notice is given to the employee personally, the employee will be paid four (4) hours’ straight time wages or six (6) hours’ straight time wages if an extended tour. It is understood that call-ins or call-backs are not covered by this provision. 16.06 If an employee works two consecutive shifts she shall be provided a meal by the Employer, or if a meal cannot be provided she shall receive a meal allowance of five dollars ($5.00).
Down Payment The Mortgagor has contributed at least 5% of the purchase price for the Mortgaged Property with his/her own funds.
Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges Borrower will pay each Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (d) Electronic Fund Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 16. Lender may accept or return any Partial Payments in its sole discretion pursuant to Section 2. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.
Delayed Payment Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate.
Payment of Leasehold Obligations Each Borrower shall at all times pay, when and as due, its rental obligations under all leases under which it is a tenant, and shall otherwise comply, in all material respects, with all other terms of such leases and keep them in full force and effect and, at Agent’s request will provide evidence of having done so.
Payment of Debt or Delinquency to the State Pursuant to §§2107.008 and 2252.903, Texas Government Code, Contractor agrees any payments owing to Contractor under this Agreement may be applied directly toward any debt or delinquency Contractor owes the State of Texas or any agency of the State of Texas, regardless of when it arises, until paid in full.

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