PAYMENT BY THE CUSTOMER. 13.1 The Customer shall pay to the Bank the Bank’s Selling Price on its due dates by way of monthly instalments in the amount and number stated in the manner as specified in the Letter of Offer.
13.2 Where applicable, the Bank may, with prior written notice to the Customer at least twenty- one (21) calendar days (or such other timeframe as may be prescribed from time to time), vary the terms of payment set out in the Letter of Offer so as to ensure that the Bank’s Selling Price and other charges (if any) are paid in full upon the maturity date.
13.3 Upon request of the Customer, the Bank may extend the duration for the payment of the Bank’s Selling Price to a further term on such terms and conditions as determined by the Bank provided that the Bank’s Selling Price remain unchanged.
13.4 In the event of early settlement of the financing, the Bank shall grant to the Customer an Ibra’ (rebate) in accordance with the provisions of this Agreement,the Shariah principle and in accordance with any applicable laws or guidelines of Malaysia.
PAYMENT BY THE CUSTOMER. 4.1 The Customer shall pay to the Bank the Selling Price in the manner as specified in the Letter of Offer.
4.2 Where applicable, the Bank may, with prior written notice to the Customer, vary the terms of payment set out in the Letter of Offer so as to ensure that the Selling Price and other charges (if any) are paid in full upon the maturity date.
4.3 Upon request of the Customer, the Bank may extend the duration for the payment of the Selling Price to a further term on such terms and conditions as determined by the Bank provided that the Selling Price remain unchanged.
4.4 In the event of Early Settlement of the financing, the Bank shall grant to the Customer an Ibra’ in accordance with the provisions of this Agreement, the Guidelines of BNM and Shariah principle.
PAYMENT BY THE CUSTOMER. As compensation for services provided hereunder, the Customer shall pay Bonneville each month during the term hereof, amounts determined as provided in this section and in accordance with the Transmission Parameters Exhibit and the Transmission Rate Schedules and General Transmission Rate Schedule Provisions Exhibit. Any ratchet demand that may occur as determined by Bonneville pursuant to the Transmission Rate Schedules and General Transmission Rate Schedule Provisions, does not constitute an increase in any Transmission Demand approved by Bonneville and any continued service at such level will depend on the availability of facilities as determined by Bonneville. Any changes in Transmission Demands must be requested in accordance with section 10.
(a) For integration of Electric Power pursuant to subsection 5(a), the Customer shall pay Bonneville in accordance with the appropriate rate schedules for integration of resources, use-of-facilities, and other transmission services.
(b) For nonfirm transmission of Electric Power pursuant to subsection 5(b), the Customer shall pay Bonneville the rate specified in the current rate schedule for nonfirm transmission applicable to the facilities being used.
(c) If granted a Transmission Demand at a POI, Customer may, pursuant to the other provisions of this Agreement, reserve such Transmission Demand prior to actual use by paying Bonneville a deposit. Such deposit will be determined by Bonneville in a manner comparable to that applied to its Utility Customers.
PAYMENT BY THE CUSTOMER if the Agreement is terminated
(a) If: (i) The Customer terminates or repudiates the Agreement during the Agreement Term; or (ii) SECOM Smart terminates the Agreement pursuant to Clauses 2.2(b)(i) or 2.2(b)(ii); the Customer must pay to SECOM Smart on demand the sum equal to the balance of Fees that would otherwise have been payable under the Agreement to the conclusion of the Agreement Term calculated at the current Fees charged to the Customer and any other Fees payable pursuant to Clause 4.3.
(b) If the Customer does not pay the Fees referred to in Clause 2.3(a) within 14 days of SECOM Smart’s demand the Customer shall indemnify SECOM Smart against any other costs (including legal costs on a solicitor-client basis), expenses, claims or damages whatsoever arising out of or incidental to the breach of the Agreement.
PAYMENT BY THE CUSTOMER. 5.1 On receipt of an order from the Customer, an invoice detailing the goods to be dispatched and the Price of the goods shall be raised ("the Invoice").
5.2 Payment of the Price will be made by the Customer to QC within the number of days specified by the Invoice or as otherwise agreed between the
5.3 Payments are to be made by direct debit, electronic funds transfer or cheque payable to QC, unless a specific payment method is contemplated in the Invoice or agreed between the parties in writing.
5.4 If the Customer's payments are made by cheque, the Invoice shall not be deemed to be paid until clear funds have been received by QC.
5.5 Any bank charges incurred by QC in re-presenting cheques in circumstances where the Customer has paid the Price by way of a cheque which has been dishonoured shall be paid by the Customer to QC on demand.
5.6 If any item on an Invoice is in dispute after giving the required notice in accordance with clause 6, the Customer must still pay the balance owing under the Invoice for items not in dispute.
PAYMENT BY THE CUSTOMER. 4.1 The Customer shall pay to the Bank the Deferred Sale Price in the manner as specified in the Letter of Offer.
4.2 Where applicable, the Bank may, with prior written notice to the Customer, vary the terms of payment set out in the Letter of Offer so as to ensure that the Deferred Sale Price and other charges (if any) are paid in full upon the maturity date.
4.3 Upon request of the Customer, the Bank may extend the duration for the payment of the *Sale Price to a further term on such terms and conditions as determined by the Bank provided that the Deferred Sale Price remain unchanged.
4.4 In the event of Early Settlement of the financing, the Bank shall grant to the Customer an Ibra’ in accordance with the provisions of this Agreement, the Guidelines of BNM and Shariah principle.
PAYMENT BY THE CUSTOMER. Unless otherwise stated in this Contract, the Customer shall pay each invoice submitted in accordance with the terms of this Contract within 30 days of receipt, to a bank account nominated in writing by the Supplier or subject to the Customer confirming that the milestone the invoice relates to has been achieved. Where the Customer does not believe a milestone to which the invoice relates to has been achieved, payment will be made further to the Supplier undertaking the further steps required by the Customer to achieve this and the Customer confirming that the milestone has been completed.
PAYMENT BY THE CUSTOMER. The Customer must pay each invoice in full within 14 days after the date of the invoice via electronic funds transfer to the bank account nominated by Parashift in writing.
PAYMENT BY THE CUSTOMER. 23.1 Unless otherwise specifically agreed by Xxxxxx Logistix in writing, the Customer shall pay to Xxxxxx Logistix in cash immediately upon presentation of an account all sums due to Xxxxxx Logistix in full, free of any commission, exchange, brokerage or deduction and payments shall not be withheld or deferred on account of any claim or counterclaim which the Customer may allege exists between the Customer and Xxxxxx Logistix.
23.2 All and any monies received by Xxxxxx Logistix from the Customer shall be appropriated by Xxxxxx Logistix in its sole and absolute discretion in respect of any indebtedness owing by the Customer to Xxxxxx Logistix, despite that the Customer might, when making payment, seek to appropriate the payment so made to any particular debt or portion of a debt.
23.3 Despite that Xxxxxx Logistix may agree to collect and/or receive payment from another party, the Customer is personally bound by the provisions of the Contract, and the Customer guarantees payment of the freight and other charges by such other party to Xxxxxx Logistix.
23.4 There will be no valid discharge of the obligation to pay Xxxxxx Logistix by the Customer unless and until payment in full has been made to Xxxxxx Logistix.
23.5 Xxxxxx Logistix is entitled to levy an interest charge against the Customer at a rate of 1.5% (one point five per cent) per month on all amounts which are outstanding and are unpaid by the Customer.
PAYMENT BY THE CUSTOMER. The Customer undertakes to pay the Bank’s Sale Price through Monthly Instalments in the manner, at the times as notified by the Bank, in accordance with the terms of this Agreement. The Customer further undertakes to pay the Indebtedness to the Bank under any of the Security Documents as and when it falls due.
(a) The Customer is allowed to prepay any amount (“Prepayment Amount”) in the manner set out in Appendix 1 of the Letter of Offer.
(b) The Customer must make full settlement of the Settlement Amounts (“Early Settlement”) before expiry of the Tenure upon the occurrence of any of the following events:
(i) the Customer requests for Early Settlement;
(ii) a financing restructuring exercise of the Facility;
(iii) the occurrence of any Event of Default; and/or
(iv) the termination of this Agreement before expiry of the Tenure for any reason.
(c) If the Customer requests Early Settlement of the Facility, Early Settlement will be made on the dates as determined by the Bank and agreed by the Customer.
(d) Any notice for Early Settlement will be irrevocable and the Customer must make such settlement in accordance with such notice.
