Payment 3. 3.1. Who is responsible for ensuring payment. Each Parent who has signed the Acceptance Form is liable for all of the Fees and supplemental charges due to the School and must ensure that these are paid on time. This is because our Contract applies to both of you together and each of you on your own. Each of you remains jointly and individually liable to the School for all of the Fees and supplemental charges due to the School UNLESS AND UNTIL the School has expressly agreed in writing that any other payment arrangements should apply. In practice this means that if any Fees or supplemental charges have not been paid to the School on time, the School can seek payment of the full amount outstanding from either Parent.
Payment 3. The third payment shall be Seven Hundred Fifty Thousand Dollars ($750,000.00) in cash plus interest at the rate of five percent (5%) simple per annum accruing from the Effective Date to be paid to Landlord no later than five (5) business days of Landlord’s receipt from the City of San Diego of a Conditional Use Permit allowing adult-use commercial cannabis storefront retail operations at the Premises. Notwithstanding any provision in the Lease to the contrary, delivery of the Landlord Consideration shall fully satisfy any and all monetary obligations of SGSD related to Landlord’s consent to the assignment of the Lease to NMG, including, without limitation, payment of any Sale Bonus due under Paragraph 21.1.2(b) of the Lease, any obligations with respect to the payment of the CUP Obligation under Paragraph 6.4 of the Lease. For the avoidance of doubt, no other payments shall be due or owing to Landlord by SGSD or NMG in connection with the assignment of the Lease to NMG and/or the CUP Obligation (which shall be deemed satisfied in full for all purposes under the Lease).
Payment 3. 1.2.1 Annual leave payment shall be at the employee’s annualised salary rate in accordance with his/her normal roster. This payment shall be deposited into the employee’s bank account as normal unless the employee request payment in advance.
Payment 3. The third payment of shares shall be to Xx. Xxxxxxxx or his designee and shall be contingent on NMG SD receiving its adult-use commercial cannabis retail license at the SD Location. One Million Three Hundred and Forty Thousand Five Hundred and Two (1,340,502) shares of BaM (the “Payment 3 Shares”) shares shall be disbursed to Xx. Xxxxxxxx or his designee only following NMG SD receiving all licenses, permits, and authorizations required for NMG SD to conduct adult-use commercial cannabis retail operations at the SD Location, subject to the mandatory six (6) month exchange holding period.
Payment 3. 2.1. The Customer shall pay SW the Charges and any other sums due to SW within 30 days from date of SW’s invoice. Invoices will be in the form shown in Schedule 4 3.2.2. Each payment to SW under this Agreement shall be made in UK pounds sterling.
Payment 3. 1 The license rights granted by BUYER to IBM shall be considered fully paid up by IBM upon execution of this Agreement. The license rights granted by IBM to BUYER shall be considered fully paid up by BUYER upon payment by BUYER to IBM of all amounts due under the IPA. SECTION 4.
Payment 3. 2.1 The Authority shall pay all sums properly due and payable to the Supplier in respect of the Contract Services in cleared funds by no later than thirty (30) calendar days after the date of a validly issued invoice for such sums.
Payment 3. The third payment of shares shall be to Xx. Xxxxxxxx or his designee and shall be contingent on NMG SD receiving its adult-use commercial cannabis retail license at the SD Location. Subject to the Share Payment Reductions set forth in Section 2(d) of this Agreement, Seven Hundred and Fifty Thousand Dollars ($750,000.00) of BaM common shares at the Share Value Calculation for a total possible payment of One Million Three Hundred and Forty Thousand Five Hundred Two (1,340,502) BaM shares (the “Payment 3 Shares”) shall be disbursed to Xx. Xxxxxxxx or his designee only following NMG SD receiving all licenses, permits, and authorizations required for NMG SD to conduct adult-use commercial cannabis retail operations at the SD Location (the “SD Adult-use Licenses”). In addition to being subject to the Share Payment Reduction set forth in Section 3(d), the Payment 3 Shares shall be subject to the mandatory six (6) month exchange holding period.
Payment 3
