Payment Allocations. The Servicer shall, upon receipt of payments of amounts billed and collected from Obligors on their utility bills, allocate those receipts on a daily basis between Collections of Receivables and Securitization Charge Collections in accordance with the allocation methodology specified in Annex 2 to the Servicing Agreement. The Servicer will apply the Collections from Receivables as provided in this Article II.
Payment Allocations. The Servicer shall, upon receipt of payments of amounts billed and collected from Obligors on their utility bills, allocate those receipts on a daily basis among Collections of Receivables, 2001 Securitization Charge Collections and 2014 Securitization Charge Collections in accordance with the calculation methodologies specified in Annex 2 to the 2001 Servicing Agreement and Exhibit A to the 2014 Servicing Agreement. First sentence of Section 7.1(j) of the RPA and Section 4.1(i) of the RSA (brackets indicate differences between RPA and RSA):
Payment Allocations. With respect to the Upfront Payment, BIG will pay [*] of such amount in consideration of the rights granted outside of the U.S. and BIMA will pay [*] of such amount in consideration of the rights granted in the U.S. With respect to the Collaboration Target Selection Fees, BIG will pay a percentage of each such amount in consideration of the rights granted outside of the U.S. and BIMA will pay a percentage each such amount in consideration to the rights granted in the U.S., such percentages, in each case, to be determined by Biogen at the time at which such amounts are due. BIG will pay the Ex-U.S. Milestone Payments when such amounts become due and payable in accordance with Section 9.3(a) (Milestone Payments) and BIMA will pay the U.S. Milestone Payments when such amounts become due and payable in accordance with Section 9.3(a) (Milestone Payments). BIMA will pay the portion of the Sales Milestone Payment based on the pro rata allocation of the Calendar Year Net Sales attributable to sales of the applicable Product in the U.S. and BIG will pay the portion of the Sales Milestone Payment based on the pro rata allocation of the Calendar Year Net Sales attributable to sales of the applicable Product outside of the U.S. With respect to all Milestone Payments that are not Ex-U.S. Milestone Payments, U.S. Milestone Payments or the Sales Milestone Payment, BIG will pay a percentage of each such amount in consideration of the rights granted outside of the U.S. and BIMA will pay a percentage each such amount in consideration to the rights granted in the U.S., such percentages, in each case, to be determined by Biogen at the time in which such amounts are due. 62 [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
Payment Allocations. Each Seller acknowledges and agrees that Buyer shall have no liability with respect to the actual allocation among the Seller Parties of the Closing Consideration or any other amount due to any Seller hereunder provided that any such amount is paid in accordance with this Agreement.
Payment Allocations. Notwithstanding any other provision of this Agreement to the contrary, in the event the Partnership incurs any cost, expense, fee or similar item which is required to be allocated to the Partners pursuant to the terms and provisions of this Agreement other than in accordance with the Partners’ respective Percentage Interests, then (x) the Partnership shall only pay a portion of such cost, expense, fee or similar item in an amount equal to the quotient of (A) the amount of such cost, expense, fee or similar item so allocated to the Limited Partner, divided by (B) the Limited Partner’s Percentage Interest, and (y) BHMF GP or its Affiliate shall pay the balance of such cost, expense, fee or similar item directly and not through the Partnership. By way of illustration, assume that the Partnership incurs an Operating Expense of $100, and that Operating Expense is allocated $44.55 to the Limited Partner and $55.45 to BHMF GP pursuant to the proviso to the first sentence of Section 5.6(b). The Partnership shall only pay $45.00 of that Operating Expense, which amount is the quotient of (A) the amount so allocated to the Limited Partner ($44.55), divided by (B) the Limited Partner’s Percentage Interest (99%) (i.e., $44.55 ÷ 0.99 = $45.00). BHMF GP or its Affiliate shall pay $55.00, the balance of such Operating Expense, directly and not through the Partnership.
Payment Allocations. 6.5.1 Unless otherwise stipulated above, payments under the Provisional Collaboration and License Agreement, the Definitive LRRK2 Collaboration and License Agreement and the Definitive ROFN and Option Agreement shall be paid by BIMA and BIG separately [***]; provided that [***].
6.5.2 With respect to the upfront payment, BIG will pay a portion of such amount in consideration of the rights granted outside of the U.S. and BIMA will pay a portion of such amount in consideration of the rights granted in the U.S.
6.5.3 With respect to the PD development milestone payments in Section 2.1 (PD Milestones) and the non-PD development milestone payments in Section 2.2 (Non-PD Milestones), BIG will pay a percentage of each such amount in consideration of the rights granted outside of the U.S. and BIMA will pay a percentage each such amount in consideration to the rights granted in the U.S., such percentages, in each case, to be determined by Biogen at the time at which such amounts are due.
6.5.4 BIG will pay the milestone payments for PD commercial milestone events and Non-PD commercial milestone events that are achieved outside of the U.S. when such amounts become due and payable in accordance with Sections 2.1.1 (PD Milestone Payments) and 2.2.1 (Non-PD Milestone Payments). BIMA will pay the milestone payments for PD Commercial Milestone Events and Non-PD Commercial Milestone Events that are achieved in the U.S. when such amounts become due and payable in accordance with Sections 2.1.1 (PD Milestone Payments) and 2.2.1 (Non-PD Milestone Payments).
6.5.5 BIMA will pay the portion of the milestone payments for sales milestone events and royalties based on the pro rata allocation of the calendar year Net Sales attributable to sales of the applicable Product in the U.S., and BIG will pay the portion of the milestone payments for sales milestone events and royalties based on the pro rata allocation of the calendar year Net Sales attributable to sales of the applicable Product outside of the U.S.
6.5.6 With respect to all milestone payments set forth in this Schedule 3.8 (LRRK2 Financials) that are not described in Sections 6.5.2 through 6.5.5 above, BIG will pay a percentage of each such amount in consideration of the rights granted outside of the U.S. and BIMA will pay a percentage each such amount in consideration to the rights granted in the U.S., such percentages, in each case, to be determined by Biogen at the time in which such amounts are due.
6.5.7 For clarity, ...
Payment Allocations. The Lenders and the Agent shall make arrangement among themselves pursuant to which (a) U. S. Bank and LaSalle are each paid the unpaid principal balance of the Notes payable to each of them as of the effective date of this Amendment No. 1, (b) U. S. Bank and LaSalle each receive the interest accrued on their respective Notes, and the commitment fees payable to each of them through the effective date hereof, payable to each of them on the date the Agent receives such payments from the Company, (c) each Lender pays or is paid, as the case may be, such amount as is necessary to effect the reallocation of the Term Loans referred to in section 4 above and (d) the interest paid by the Company on the Term Notes is allocated to the Lenders in such amount as is necessary to reflect such reallocation of the Term Loans. The provisions of this section shall supercede any inconsistent term in the Credit Agreement.
Payment Allocations. 69 9.6 Currency; Exchange Rate ..................................................................................... 69 9.7
Payment Allocations. All cash payments remitted by the Company under this Agreement shall be allocated among the Licensor Parties as follows: [*CONFIDENTIAL PORTION
Payment Allocations. Company shall make all payments due under this Agreement to Owner as provided below: City of Whitewater, a municipal corporation, 000 X Xxxxxxxxxx Xx. Whitewater, WI 53190 % of each payment: 100% For the avoidance of doubt, Company’s failure to make payments pursuant to this subsection shall not constitute an Event of Default, so long as payment is made to Owner at the address provided in subsection 11(c). Owner acknowledges and agrees that payment of all sums due under this Agreement pursuant to this subsection 3(b) shall satisfy all requirements for the payment of those amounts set forth in Exhibit D and other sums required to be made by Company under this Agreement.]
