PAYMENT AND OTHER TERMS Sample Clauses

PAYMENT AND OTHER TERMS. Customer shall pay the indebtedness under this Note in 48 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 in an amount equal to the sum of (i) accrued interest, and (ii) 1/48th of the Loan Amount (with the first such installment including interest accrued from the date of funding). 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 limitation, late charges), next to accrued interest at the Interest Rate, with the balance applied on account of the unpaid principal hereof. 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 rate 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 0000 Xxxxxxxxxxx Xxxxxx Xxxxx. Xxxxxxx. Xxxxxxxx 00000, or at such other place or places as the holder hereof may from time to time appoint in writing. Customer may prepay this Note at any time in whole or in part: provided, however, that any prepayment prior to the end of the first "year" after the Closing Date shall be accompanied by a premium equal to 3% of the amount prepaid; any prepayment during the second year following the Closing Date shall be accompanied by a premium equal to 2% of the amount prepaid; and any prepayment thereafter shall be accompanied by a premium equal to 1% of the amount prepaid. A "year" for the purposes of this clause is a 365-366 day period commencing on the Closing Date or any anniversary of the Closing Date Upon any acceleration of this Note, as hereinafter provided, there shall become due from Customer the same prepayment premium that would have been payable if Customer had then voluntarily prepaid the then outstanding balance of this Note in full. Any partial prepayment shall be applied to installments of the Loan Amount in inverse order of maturity. This Note is the Collateral Installment Note referred to in, and is entitled to all of the benefits of the Loan Agreement and any Additional Agreements. If Customer shall fail...
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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. 2.2 The MSO shall within 5 days from the start of a month, raise an invoice upon the Broadcaster based on which the Broadcaster shall make payment against the invoice raised. Even if the MSO fails to raise their invoice within the time stipulated hereinabove, the Broadcaster shall still be liable and continue to be liable to pay the carriage fee for that particular month within the period stipulated in clause 2.1 above. 2.3 If the Payment of carriage fee is subject to any withholding of tax or TDS in accordance with the provisions of the Indian Income Tax Xxx 0000, the Broadcaster shall provide tax withholding certificates to the MSO within such period as may be specified under the prevalent laws of India. 2.4 If the Broadcasters fails or neglects to make payment of the carriage fee with the time period stipulated in clause 2.1 above, then the Broadcaster shall be liable to pay interest on the delayed payment at the rate of 12% per annum from the due date till the date of payment. 2.5 If the Broadcaster suspends or disconnects the signals of its TV channels to the MSO, for reasons or actions directly attributable to the MSO, the MSO shall not be entitled to any carriage fee for the entire period of the suspension or discontinuation of signals. 2.6 The MSO shall carry the TV Channels of the Broadcaster without any editing, delays, interruptions, additions, deletion and alterations except as necessary in relation to the Electronic Program Guide (“EPG”) and related services. 2.7 The MSO shall ensure that the quality of the signals of the Broadcaster’s TV Channel/s conform to the prevailing norms and standards. 2.8 In order to Prevent Piracy unauthorized redistribution or exhibition etc; the MSO should take proper precaution to prevent such act.
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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.
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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.
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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).
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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: (a) Within five (5) business days of the Effective Date of this Agreement, Xxxxxxxxxx agrees to sell, transfer and assign all of his right, title and interest in 450,000 shares of common stock of Systemax (the “Shares”) to Systemax by instructing Xxxxxxxxxx’x broker to deliver the Shares electronically via DWAC withdrawal to Systemax’s stock transfer agent, American Stock Transfer Company (“AST”) (xxxx://xxx.xxxxxxx.xxx) for deposit into Systemax’s treasury account with AST (or in the case of certificated shares by delivering by overnight courier such shares to AST) simultaneously with his execution hereof, and taking any other action necessary to transfer ownership of the shares to Systemax or its treasury. Xxxxxxxxxx represents and warrants that he is the sole owner of the Shares and that he has not sold, mortgaged, liened, pledged or otherwise transferred, directly or indirectly, in whole or in part, any interest of any nature whatsoever in the Shares. (b) Xxxxxxxxxx agrees to forfeit the sum of $480,000.00 in repayment of his net bonus for fiscal year 2010, which sum shall be paid to Systemax no later than five (5) business days of the Effective Date of this Agreement. (c) Xxxxxxxxxx expressly acknowledges and agrees that any and all shares of restricted stock and restricted stock units granted to Xxxxxxxxxx under the Systemax Inc. Restricted Stock Unit Agreement, whether vested or unvested, that are held by Xxxxxxxxxx (representing no less than 300,000 shares or units of restricted stock) as of the Effective Date of this Agreement, are hereby terminated and of no further force and effect. (d) Xxxxxxxxxx expressly acknowledges and agrees that all Systemax stock options granted to Xxxxxxxxxx by Systemax, vested or unvested, whether or not exercisable, that are held by Xxxxxxxxxx as of the Effective Date of this Agreement (representing options to purchase no less than 580,001 shares of Systemax stock), are hereby terminated and of no further force and effect. (e) Xxxxxxxxxx’x payments in this Section 4 are remedial in nature to compensate Systemax. (f) Xxxxxxxxxx represents and warrants that the personal net worth of Xxxxxxxxxx, his wife, and his children has been truly and accurately set forth in a statement provided prior to execution of this Agreement. As of the Effective Date of this Agreement, Xxxxxxx...
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PAYMENT AND OTHER TERMS. The fee would be payable in the following manner:- a) 10% (Ten percent) of the of the consultancy fee based on sanctioned DPR cost shall be released on finalization of tender documents. b) 10% of the of the consultancy fee based on sanctioned DPR cost shall be released on Award of contract. c) Balance 70% of the consultancy fee based on sanctioned DPR cost shall be paid in two components: i) 35% of the Consultancy Fee shall be paid in equal quarterly instalments for the duration of contract or completion of work by turnkey contractor limited to 24 months.
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PAYMENT AND OTHER TERMS 
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Related to PAYMENT AND OTHER TERMS

  • ACCOUNTING AND OTHER TERMS Accounting terms not defined in this Agreement shall be construed following GAAP. Calculations and determinations must be made following GAAP. Capitalized terms not otherwise defined in this Agreement shall have the meanings set forth in Section 13. All other terms contained in this Agreement, unless otherwise indicated, shall have the meaning provided by the Code to the extent such terms are defined therein.

  • Rent and Other Payments This paragraph contains detailed commercial terms. ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

  • Debt and Other Obligations Borrower’s obligations for the payment of the Debt and the performance of the Other Obligations shall be referred to collectively herein as the “Obligations.”

  • Fees and Other Charges (a) The Borrower will pay a fee on each outstanding Letter of Credit requested by it, at a per annum rate equal to the Applicable Margin then in effect with respect to Eurocurrency Loans under the Revolving Facility (minus the fronting fee referred to below), on the face amount of such Letter of Credit, which fee shall be shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date; provided that, with respect to any Defaulting Lender, such Lender’s ratable share of any letter of credit fee accrued on the aggregate amount available to be drawn on any outstanding Letters of Credit during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such Lender’s ratable share of any letter of credit fee shall otherwise have been due and payable by the Borrower prior to such time; provided further that any Defaulting Lender’s ratable share of any letter of credit fee accrued on the aggregate amount available to be drawn on any outstanding Letters of Credit shall accrue for the account of the Borrower so long as such Lender shall be a Defaulting Lender. In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee on the aggregate face amount of all outstanding Letters of Credit issued by it to the Borrower separately agreed to by the Borrower and such Issuing Lender (but in any event not to exceed 0.25% per annum), payable quarterly in arrears on each Fee Payment Date after the issuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for costs and expenses agreed by the Borrower and such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit requested by the Borrower.

  • Improper and Other Payments (a) Neither the Company, any director, officer, employee thereof, nor any agent or representative of the Company nor any person acting on behalf of any of them, has made, paid or received any unlawful bribes, kickbacks or other similar payments to or from any person or authority, (b) no contributions have been made, directly or indirectly, by the Company to a domestic or foreign political party or candidate; and (c) the internal accounting controls of the Company are believed by the Company’s management to be adequate to detect any of the foregoing under current circumstances.

  • DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

  • Administrative and Other Fees The Borrower agrees to pay the administrative and other fees of the Administrative Agent as provided in the Fee Letter and as may be otherwise agreed to in writing from time to time by the Borrower and the Administrative Agent.

  • Stamp and other duties The Borrowers shall pay all stamp, documentary, registration or other like duties or taxes (including any duties or taxes payable by any of the Creditors) imposed on or in connection with any of the Underlying Documents, the Security Documents or the Loan and shall indemnify the Creditors or any of them against any liability arising by reason of any delay or omission by the Borrowers to pay such duties or taxes.

  • Adjustments and Other Rights The Exercise Price and the number of Shares issuable upon exercise of this Warrant shall be subject to adjustment from time to time as follows; provided, that if more than one subsection of this Section 13 is applicable to a single event, the subsection shall be applied that produces the largest adjustment and no single event shall cause an adjustment under more than one subsection of this Section 13 so as to result in duplication:

  • Financial and Other Covenants Borrower shall at all times comply with the financial and other covenants set forth in the Schedule.

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