Owner's Payments Sample Clauses

Owner's Payments. Each year the Owner shall contribute to the Corporation an amount equal to the annual economic benefit that would be taxable as gross income to the Insureds for federal income tax purposes with respect to the Policy but for the payment by the Owner of that amount. For this purpose, the annual economic benefit shall be computed in accordance with Revenue Ruling 64-328, 1964-2 C.B. 11, as amplified by Revenue Ruling 66-110, 1966-1 C.B. 12, Revenue Ruling 67-154, 1967-1 C.B. 11, and Revenue Ruling 79-50, 1979-1 C.B. 138. The Corporation shall be responsible for computing, or obtaining the computation of, the annual economic benefit amount with respect to the Policy, and will advise the Owner of the amounts payable by the Owner.
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Owner's Payments. Each month during the Management Term, commencing ---------------- on February 15, 2000, and continuing on the fifteenth day of each month thereafter, Operator shall pay the Owner the sum of Twenty Thousand ($20,000) Dollars ("Monthly Payment"). Operator shall also pay to Owner the sum of all Depreciation and Amortization Expense accrued during the Management Term twenty (20) days after the expiration of the Management Term ("Depreciation and Expense Payment"). The Monthly Payment and Depreciation and Expense Payment shall be paid to Owner by Operator, regardless of whether the Operating Revenue during the Management Term exceeded the Operating Costs and Capital Costs.
Sample 1
Owner's Payments. (a) Owner shall pay directly to the applicable Governmental Authority all Real Estate Taxes, and any installments thereof, applicable to the Premises attributable to the Base Tax Year and any portion of the Term occurring prior to the Base Tax Year, and all Real Estate Taxes, and any installments thereof, applicable to any land or buildings which are part of the same tax lot as the Premises and not then included in the Premises, before the date any fine, penalty or interest becomes due for the non-payment thereof. However, if pursuant to any Requirement, at the taxpayer’s option, any such Real Estate Tax may be paid in installments (whether or not interest shall accrue on the unpaid balance of such Real Estate Tax), Owner may exercise the option to pay such Real Estate Tax in such installments (other than Base Taxes, unless Tenant is then paying the Real Estate Taxes for which it is responsible in such installments) and shall be responsible for the payment of any such installments which are payable during the Term, with interest, if any. Owner shall furnish Tenant a copy of a canceled check or other proof reasonably satisfactory to Tenant, evidencing the payment of such Real Estate Taxes. Owner’s failure to do so shall not be an Owner Default, provided Owner shall do so within twenty (20) Business Days following the request of Tenant (which request shall not be made prior to the date Owner is required by this Lease to pay the Real Estate Tax in question).
Sample 1
Owner's Payments. The Owner's Payment shall be that portion of the annual premium payment equal to the cost (as determined below) of providing the death benefit payable (as listed on Exhibit A) to the Owner's designated beneficiary. The Owner's cost shall be equal to the lesser of (a) the P.S. 58 table rate; (b) the Insurer's table rates; or (c) the Insurer's lowest current published premium rate for annually renewable term insurance on the life of the Employee for standard risk for the death benefit listed in Exhibit A.
Sample 1
Owner's Payments. Owner is responsible for making in a timely manner, all payments related to the ownership and renting of the property. Such payments include the mortgage, HOA/Condo Fees, Property Taxes, Insurance, any rental licensing fees, and any utilities for which the Owner is responsible in their lease. Property Manager is not responsible for any fees, collections, loss of property, or other damages that may result from the Owner failing to pay any of the above in a timely manner.
Sample 1
Owner's Payments. Notwithstanding any provision herein to the contrary, the Sales and Marketing Fees shall not cover, and in no event is Marketing Consultant obligated to pay from any of its own funds (and accordingly, Owner shall pay), the following items (including without limitation any such items incurred during preconstruction and prior to the date the applicable Project is added to this Agreement):
Sample 1
Owner's Payments 
Sample 1
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Related to Owner's Payments

  • Excess Payments If Tenant shall assign this Lease or sublet any part of the Premises for consideration in excess of the pro-rata portion of Rent applicable to the space subject to the assignment or sublet, then Tenant shall pay to Landlord as Additional Rent 50% of any such excess immediately upon receipt.

  • Progress Payments 5.1.1 Based upon Applications for Payment submitted to the Architect by the Contractor and Certificates for Payment issued by the Architect, the Owner shall make progress payments on account of the Contract Sum to the Contractor as provided below and elsewhere in the Contract Documents.

  • CP Costs Payments On each Settlement Date, Seller shall pay to Agent (for the benefit of the Conduits) an aggregate amount equal to all accrued and unpaid CP Costs in respect of the outstanding Capital of each of the Conduits for the related Settlement Period in accordance with Article II.

  • Partial payments (a) If the Agent receives a payment that is insufficient to discharge all the amounts then due and payable by an Obligor under the Finance Documents, the Agent shall apply that payment towards the obligations of that Obligor under the Finance Documents in the following order:

  • Payments From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

  • Taxes on Payments As at the date of this Agreement all amounts payable by them hereunder in Dollars or in Euro may be made free and clear of and without deduction for or on account of any Taxation.

  • Advances; Payments (i) Revolving Lenders shall refund or participate in the Swing Line Loan in accordance with clauses (iii) and (iv) of Section 1.1(c). If the Swing Line Lender declines to make a Swing Line Loan or if Swing Line Availability is zero, Agent shall notify Revolving Lenders, promptly after receipt of a Notice of Revolving Advance and in any event prior to 1:00 p.m. (New York time) on the date such Notice of Revolving Advance is received, by telecopy, telephone or other similar form of transmission. Each Revolving Lender shall make the amount of such Lender's Pro Rata Share of such Revolving Credit Advance available to Agent in same day funds by wire transfer to Agent's account as set forth in Annex H not later than 3:00 p.m. (New York time) on the requested funding date, in the case of an Index Rate Loan and not later than 11:00 a.m. (New York time) on the requested funding date in the case of a LIBOR Loan. After receipt of such wire transfers (or, in the Agent's sole discretion, before receipt of such wire transfers), subject to the terms hereof, Agent shall make the requested Revolving Credit Advance to Borrower. All payments by each Revolving Lender shall be made without setoff, counterclaim or deduction of any kind.

  • 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.

  • Timely Payments LIFE COMPANY will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by LIFE COMPANY by 1:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable LIFE COMPANY to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.

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