Pay When Paid Sample Clauses

Pay When Paid. 7.6.1 In the event of delayed payment or non-payment by Owner, Design-Build Subcontractor agrees that its claim for payment against Design-Builder (and the surety on any payment bond applicable to Design-Builder) shall be suspended and abated, on an interest-free basis, until such time as Design-Builder has had the opportunity to fully exhaust all of its legal remedies for payment against Owner, Owner’s property and /or any construction lender to Owner. Nothing herein shall be deemed to deny or limit Design-Build Subcontractor’s separate mechanic’s lien or stop payment notice rights against the Project property or funds.
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Pay When Paid. Unless the Commissions prepay Track Access Hosts prior to submitting Track Access Fee Reimbursement Forms, the Commissions shall remit payment to Track Access Hosts within five business days of receipt of payment from VPRA. If, for any reason, the Commissions cannot remit payment to one or more Track Access Hosts within five days, the Commissions shall immediately notify the Chief Financial Officer of VPRA (“CFO”) in writing, inform the CFO of the date the Commissions will remit payment to their Track Access Hosts, and deposit the payment received from VPRA in an interest-bearing account. The Commissions shall use all interest proceeds toward the applicable track access fees, reducing dollar-for-dollar the corresponding VPRA Funding Commitment. Depending upon the Commissions’ revised Track Access Host payment date, VPRA may require the Commissions to repay the funds to VPRA, rather than hold them in an interest-bearing account. If the Commissions fail to comply with this provision, VPRA may require the Commissions to prepay Track Access Hosts prior to submitting Track Access Fee Reimbursement Forms.
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Pay When Paid. 6.6.1 Design Consultant agrees that all payments owed to Design Consultant hereunder, whether progress or final payment, or for changes or delays to the Services, shall not be due until after Design-Builder actually receives payment on account of same from Owner. Notwithstanding the preceding sentence, in the event of delayed payment or non-payment by the Owner, Design Consultant agrees that its claim for payment against Design-Builder shall be suspended and abated until such time as Design-Builder has had the opportunity to fully exhaust its payment remedies against the Owner. Nothing herein shall be deemed to deny or limit Design Consultant’s separate mechanic’s lien or stop payment notice rights against the project property or funds.
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Pay When Paid. The Commissions shall remit payment to Contractors within five business days of receipt of reimbursement from VPRA. If, for any reason, the Commissions cannot remit payment to one or more Contractors within five days, the Commissions shall immediately notify the Chief Financial Officer of VPRA (“CFO”) in writing, inform the CFO of the date the Commissions will remit payment to their Contractors, and deposit the reimbursement funds received in an interest-bearing account. The Commissions shall use all interest proceeds toward the applicable Project, reducing dollar-for-dollar the corresponding VPRA Funding Commitment. Depending upon the Commissions’ revised Contractor payment date, VPRA may require the Commissions to repay the funds to VPRA, rather than hold them in an interest-bearing account. If the Commissions fail to comply with this provision, VPRA may require the Commissions to prepay Contractors prior to submitting Project Reimbursement Forms.
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Related to Pay When Paid

  • Pay As compensation for the services provided, the Employee shall be paid dollars ($ ) ☐ per hour ☐ salary on an annual basis (“Compensation”). The Compensation is a gross amount that is subject to all local, State, Federal, and any other taxes and deductions as prescribed by law. Payment shall be distributed to the Employee on a ☐ weekly ☐ bi-weekly ☐ monthly ☐ quarterly ☐ annual basis.

  • Taxes Other Than Income Taxes Upon the timely request by the Interconnection Customer, and at the Interconnection Customer’s sole expense, the CAISO or Participating TO may appeal, protest, seek abatement of, or otherwise contest any tax (other than federal or state income tax) asserted or assessed against the CAISO or Participating TO for which the Interconnection Customer may be required to reimburse the CAISO or Participating TO under the terms of this LGIA. The Interconnection Customer shall pay to the Participating TO on a periodic basis, as invoiced by the Participating TO, the Participating TO’s documented reasonable costs of prosecuting such appeal, protest, abatement, or other contest. The Interconnection Customer, the CAISO, and the Participating TO shall cooperate in good faith with respect to any such contest. Unless the payment of such taxes is a prerequisite to an appeal or abatement or cannot be deferred, no amount shall be payable by the Interconnection Customer to the CAISO or Participating TO for such taxes until they are assessed by a final, non-appealable order by any court or agency of competent jurisdiction. In the event that a tax payment is withheld and ultimately due and payable after appeal, the Interconnection Customer will be responsible for all taxes, interest and penalties, other than penalties attributable to any delay caused by the Participating TO.

  • Other Taxes In addition, to the fullest extent permitted by applicable law, the Borrower agrees to pay any present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies that arise from any payment made hereunder or from the execution, delivery or registration of, or otherwise with respect to, this Agreement, any Assignment or any Security Instrument (hereinafter referred to as "Other Taxes").

  • Premiums The premiums for insurance policies required pursuant to this Article must be paid as a common expense by the Owners' Association.

  • Taxes The Company shall pay, and shall cause each of its Subsidiaries to pay, prior to delinquency, all material taxes, assessments, and governmental levies except such as are contested in good faith and by appropriate proceedings or where the failure to effect such payment is not adverse in any material respect to the Holders of the Notes.

  • Tax Returns and Payments Each of the Company and each of its Subsidiaries has timely filed all tax returns (federal, state and local) required to be filed by it. All taxes shown to be due and payable on such returns, any assessments imposed, and all other taxes due and payable by the Company or any of its Subsidiaries on or before the Closing, have been paid or will be paid prior to the time they become delinquent. Except as set forth on Schedule 4.13, neither the Company nor any of its Subsidiaries has been advised:

  • Payment And Expenses 8.1 Each payment to be made by the Guarantor under this guarantee shall be made in pounds sterling, free and clear of all deductions or withholdings of any kind, except for those required by law, and if any deduction or withholding must be made by law, the Guarantor shall pay that additional amount which is necessary to ensure that the Authority receives a net amount equal to the full amount which it would have received if the payment had been made without the deduction or withholding.

  • Tax Delinquency Contractor must provide notice to the JBE immediately if Contractor has reason to believe it may be placed on either (i) the California Franchise Tax Board’s list of 500 largest state income tax delinquencies, or (ii) the California Board of Equalization’s list of 500 largest delinquent sales and use tax accounts. The JBE may terminate this Agreement immediately “for cause” pursuant to Section 7.2 below if (i) Contractor fails to provide the notice required above, or (ii) Contractor is included on either list mentioned above.

  • Premium Payments If an employee with at least three years of service in the employ of the Shaker Heights Board of Education should exhaust his/her sick leave within the time specifications of this contract and is granted a leave of absence by the Board, the Board shall continue to pay his/her premiums in accordance with his/her work assignment for the following fringe benefits for a period not to exceed twelve (12) months. The payment of such premiums will cease on the effective date an employee retires, resigns, goes on disability retirement or his/her contract is terminated.

  • Delinquent Payments 8F.01 Timely payment of wages and contributions to all trust funds provided for in this Agreement is essential for the protection of the beneficiaries. Delinquency and continued failure to pay wages and/or remit contributions to the trust funds shall be dealt with as follows:

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