PAYMENT BY YOU Clause Samples
The 'PAYMENT BY YOU' clause sets out the obligations of the party responsible for making payments under the agreement. It typically details when payments are due, acceptable methods of payment, and any consequences for late or missed payments, such as interest charges or penalties. By clearly defining these terms, the clause ensures both parties understand their financial responsibilities and helps prevent disputes over payment timing or methods.
PAYMENT BY YOU. This Award was granted in consideration of your services for the Company. Subject to Section 10 below, except as otherwise provided in the Grant Notice, you will not be required to make any payment to the Company (other than your past and future services for the Company) with respect to your receipt of the Award, vesting of the Stock Units, or the delivery of the shares of Common Stock underlying the Stock Units.
PAYMENT BY YOU. Subject to Section 10 below, except as otherwise provided herein or under applicable law, you will not be required to make any payment to the Company with respect to your receipt of the Award, vesting of the Restricted Stock Units, or the delivery of the shares of Common Stock underlying the Restricted Stock Units.
PAYMENT BY YOU. This Award was granted in consideration of your services for the Company. Subject to Section 7 below, except as otherwise provided in the Grant Notice, you will not be required to make any payment to the Company (other than your past and future services for the Company) with respect to your receipt of the Award, vesting of the RSUs, or the delivery of the shares of Common Stock underlying the RSUs.
PAYMENT BY YOU. Before effecting any purchase (in any currency) you are required to deposit cleared funds in your Cash Management Account by agreed means for the full amount of the purchase price or other consideration for the Transaction, together with the amount of any applicable fees and charges payable on the Transaction. The Custodian shall be entitled not to act on any instructions where you fail to deposit cleared funds in your Account.
PAYMENT BY YOU. You must pay all property taxes when they are due. You must pay all other charges on the property when they are due. The charges include amounts under an encumbrance on the property. If we ask in writing you must give us a receipt or other proof that you have paid every property tax and other charge.
PAYMENT BY YOU. 3.11.1 Where you have to pay for Securities bought (whether in New Zealand dollars or a foreign currency), you must immediately pay us the full amount required in respect of the relevant Transaction in cleared and immediately available funds, by agreed means. You shall immediately advise us of details of the payment.
3.11.2 Payments made by you to us may not be paid in cash and must be deposited into a Client Funds Account operated by SSP in accordance with NZX Participant Rules. SSP maintain client funds trust accounts in the following currencies: NZD, AUD, GBP and USD.
3.11.3 Where payment is not made within 2 Business Days, we may exercise the right of setoff herein provided for by clause 3.11.4 against the amount owing.
3.11.4 In regard to any amount owing by you pursuant to any provision of this agreement whether to SSP or any other party where SSP is undertaking the transaction SSP has the right to deduct such sum from any moneys which it holds on your behalf pursuant to any other provision of this Agreement without notice to you. SSP however undertakes in the event of such situation arising to advise you immediately upon the occurrence of any setoff.
3.11.5 SSP may not make payment in cash to a client or a person who holds a power of attorney for a client.
PAYMENT BY YOU. 28.1. You must pay us in full in cleared and transferable funds the amount of any Transaction, and any applicable service fees before we will pay, transmit or exchange any funds for you (unless we otherwise agree in our sole discretion).
28.2. You must make all payments to us in full without any deduction, set off, or counterclaim or withholding of any kind. We are not obliged to make a payment or facilitate a Transaction while you are in default.
28.3. You agree that all rights, title and interest to and in any payment which you transfer us in respect of a Transaction under this Agreement vests in the recipient clear of any liens, charges, encumbrances or other interest of the transferor or any third party.
28.4. When you make any payment, which is subject to any withholding or deduction under this Agreement, you must pay us an amount that ensures that the amount actually received by us is equal to the full amount we would have received had no withholding or deduction been made.
28.5. Unless otherwise provided in this Agreement, all amounts due to us will, in our discretion:
(a) be deducted from any funds held by us for you; or
(b) be paid by you in accordance with this Agreement.
PAYMENT BY YOU. The Fees are payable prior to the start of the Initial Term or Renewal Term, as applicable. We may suspend or terminate your access to the Software if Fees are overdue.
PAYMENT BY YOU. You authorize us to debit your designated Account(s) to initiate Transfers based on the Payment Orders received by us and you agree to pay us the amount of each Transfer no later than the date the Transfer is processed by us if sufficient funds are not in the Account. You expressly acknowledge and agree that for purposes of this section, future-dated wire transfers and international wire transfers are “processed” by us on the date we receive the Payment Order, even though the date on which the related Transfer is transmitted may be a later date. The foregoing payment obligations will survive termination of the Master Agreement and these Wire Transfer Service Terms and Conditions.
PAYMENT BY YOU a. You must pay the Deposit shown overleaf (if any) when, or before, you sign this agreement.
b. You must pay the Arrangement fee shown overleaf when you sign this credit agreement.
c. You agree to pay to us the Total Amount Payable (less any Deposit paid) by the monthly payments and at the times shown.
d. It is essential that you make all payments in full and on time. All monthly payments must be paid by direct debit from a bank or building society account and you must complete a direct debit instruction authorising your bank or building society to accept debits from ourselves for varying amounts to enable such monthly payments to be paid. If you pay by post, you will be responsible for any payment lost in the post.
e. If there are two or more of you, each of you is liable for all obligations under this agreement, separately on your own and also with any joint customer named on the agreement, even if there is a disagreement between you. The terms of the agreement apply to everyone named on the agreement.