PAYMENT AND OTHER TERMS. Customer shall pay the indebtedness under this Note including without limitation, all principal, interest and fees, in full on the Maturity Date. Interest shall be due (i) for periods in which the Base Rate is in effect, the first day of each calendar month, and on the Maturity Date, and (ii) for periods in which the LIBOR Rate is in effect, on that day which is one calendar month following the first day of the applicable LIBOR Interest Period (or, if there is no corresponding day, on the next succeeding day which is a Business Day) and at the end of each such LIBOR Interest Period. Whenever any payment to be made under the Note shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, subject to the definition of LIBOR Interest Period in the case of any payment of the Note to which the LIBOR Rate applies, and such extension of time shall in each such case be included in computing interest and commitment fees in connection with such payment. Each payment received hereunder shall be applied first to any fees and expenses of MLBFS payable by Customer under the terms of the Loan Agreement (including, without imitation, late charges), next to accrued interest at the Interest Rate, with the balance applied on account of the unpaid principal hereof, or in such other manner as the holder hereof may hereinafter determine from time to time for the allocation of such payments thereof. Any part of the principal hereof or interest hereon or other sums payable hereunder or under the Loan Agreement not paid within ten (10) days of the applicable due date shall be subject to a late charge equal to the lesser of (i) 5% of the overdue amount, or (ii) the maximum amount permitted by law. All interest shall be computed on the basis of actual days elapsed over a 360-day year. All sums payable hereunder shall be payable at 2356 Collections Center Drive, Chicago, Illinois 60693, or at such oxxxx xxxxx xx xxxxxx xx xxx xxxxxx xxxxxx xxx xxxx xxxe to time appoint in writing. Upon at least five (5) Business Days' prior written notice to MLBFS, Customer may prepay this Note at any time in whole or in part. Notwithstanding the foregoing (i) each prepayment must be in integral multiples of not less than $1,000,000.00, and (ii) if a LIBOR Rate is in effect, prepayment may not be made on any day other than the last day of the LIBOR Interest Period corresponding to the LIBOR Rate, and (iii) each prepayment of principal ...
PAYMENT AND OTHER TERMS. 2.1 The Carriage Fee shall be paid in full and in advance, on or before the 10th day of the month in which it is due. For e.g. the carriage fee for the month of June 2012 shall be paid on 10th June 2012 shall be paid based on the closing subscriber member of the previous month.
PAYMENT AND OTHER TERMS. The fee would be payable in the following manner:-
PAYMENT AND OTHER TERMS. Customer shall pay the indebtedness under this Note in 36 consecutive monthly installments commencing on the first day of the second calendar month following the Closing Date and continuing on the first day of each calendar month thereafter until this Note shall be paid in full. Each such installment shall be in the amount which will fully amortize the Loan Amount with accrued interest in equal monthly installments over a term of 36 months (except that there shall be added to the first such installment an additional amount equal to accrued interest at the Interest Rate from the date of funding to the last day of the calendar month in which funding occurs).
PAYMENT AND OTHER TERMS. Upon receipt of WRI's invoice for scrap tire purchased from it by RB pursuant to SECTION 1 or for the provision of services and materials by WRI pursuant to SECTION 2, RB shall make payment to WRI net thirty (30) days after the date of delivery of such invoice to RB. All terms and conditions of sales hereunder not specified in this Agreement shall be same as specified in the form of purchase order governing the purchase and sale.
PAYMENT AND OTHER TERMS. In full consideration of the Parties’ execution of this Agreement, and their agreement to be legally bound by its terms, the Parties agree as follows:
PAYMENT AND OTHER TERMS. QUEST subscription types and offerings are available in detail when you login to your subscriber portal on our website (e.g. basic, expansion, ultimate or PLUS levels), and you can upgrade at anytime throughout the year. Payment terms are net 30 days from the date of invoice , and subscriptions are non-refundable. Monthly reminders will be sent out for overdue accounts, and QUEST has the right to suspend or cancel an overdue account’s subscription(s) at any time (e.g. no longer eligible to attend Working Group meetings or other QUEST subscriber only events). Only Subscribers who are in good standing as of March 31 will be included in that year’s annual Smart Energy Communities Catalogue. In joining QUEST as a Subscriber, your organization recognizes its alignment with QUEST’s mission, vision, values and principles, which support the development of Smart Energy Communities. More information on QUEST’s principles and your specific obligations as a subscriber can be found on our new website xxx.xxxxxxxxxxx.xxx/xxxxxxxx. For clarity, this agreement is the entirety of your agreement with QUEST regarding subscriber services. It supersedes any previous subscriber services agreement you had with QUEST, and you may modify this agreement only in writing with QUEST’s consent. The laws of Ontario govern this agreement, and Ontario’s courts/tribunals have exclusive jurisdiction to determine any related disputes. If a court/tribunal determines any part of this agreement to be unlawful or unenforceable, the rest of this agreement remains in force. Thanks you for your support of QUEST and the continued development of Smart Energy Communities, and please acknowledge and agree to the terms of your subscription by returning an executed copy of this agreement or by signing up for your subscription through the QUEST website, through the online subscriber portal at xxx.xxxxxxxxxxx.xxx/xxxxx. Signed by: Xxxxx Xxxxx Executive Director QUEST Date:
PAYMENT AND OTHER TERMS
