Payment Contingency Sample Clauses

Payment Contingency. This Agreement and any payments provided for in this Agreement are contingent upon the availability of Sports Incentive Funds derived from the tax levied under Section 25-136 of the Orange County Code as provided to and held by Visit Orlando. Additionally, any payments provided for under this Agreement are further subject to the modification, suspension, termination, or expiration of the Visit Orlando Agreement.
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Payment Contingency. Payment to Provider is contingent upon DHS’ receipt and approval of Provider’s proposed budget. Provider will be paid for reasonable services provided prior to DHS’ approval of Provider’s budget.
Payment Contingency. Funds for payment under this Agreement are provided to the Department through appropriations from the New York State Legislature. These appropriations are made on a fiscal year basis. New York State’s fiscal year begins on April 1 of each calendar year and ends on March 31 of the following calendar year. Funds for payments under this Agreement were appropriated to the Department during fiscal year 2016-2017. Payments made after fiscal year 2016-2017 or payment for work pursuant to this Agreement which is completed or continued by the Contractor after fiscal year 2016- 2017 is subject to appropriation of funds by the Legislature in each subsequent fiscal year.
Payment Contingency. For the services to be rendered in connection with the formation of a Community Facilities District (District) noted in Section 2 (Service A above), Contractor understands and agrees that such fees will be paid only from funds advanced by the District landowner pursuant to the terms of a Reimbursement Agreement to be entered into by the County and such landowner. In the event the landowner fails to advance such funds to the County, Contractor acknowledges and agrees that the County will have no liability to pay any fees incurred related to District formation activities other than from the proceeds of any Bonds or special taxes of the District. Compensation of Contractor for services to be rendered in connection with a financing for a District (noted in Section 2 (Service B above)) is contingent upon and payable from funds made available by the delivery of and receipt of payment for such issue of the Bonds. All services rendered by the Contractor as provided in this Contract prior to this Contract’s effective date are hereby ratified and confirmed. Notwithstanding any other provision of this Contract to the contrary, all obligations of the County under this Contract shall be expressly contingent upon appropriation of sufficient funds by the County Board of Supervisors, acting as the legislative body of a District.
Payment Contingency. No payment shall be made by the Council until it receives funds for this program from the State of Vermont. In the event the funds from the annual State of Vermont appropriation shall be at a lower level than budgeted by the Council, the Council reserves the right to reduce the grant/payment and/or change the payment schedule.
Payment Contingency. Payment to the Contractor is contingent upon DHS’ receipt and approval of the Contractor’s proposed budget.
Payment Contingency. The obligation of the Buyer to deliver the consideration set forth in Section 2.2 iii and iv shall be contingent upon the performance by the Sellers of the items set forth in Article VI of this Agreement and the delivery to the Buyer of all of the shares set forth on Exhibit 2.1 and audited financial statements for the year ended December 31, 2001.
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Payment Contingency. The parties recognize that LWDB is to be paid, reimbursed, or otherwise compensated, in whole or in part, from available Federal funds. Therefore, LWDB understands and agrees that all its rights, demands, and claims to compensation arising under this Agreement are contingent upon the SAE’s receipt of such funds from the federal government and upon the continued receipt of such funds.
Payment Contingency. This Note shall be cancelled and the Purchaser shall not be required to make any payment of principal or interest hereunder if (a) the employment of any of Xxxx Xxxxx, Xxxx Xxxxxxxxx or Xxxxxx Xxxxxx (each a “Key Employee” and collectively, the “Key Employees”) is terminated by the Purchaser for Cause (as such term is defined in the respective employment agreements (the “Employment Agreements”) between each of the Key Employees and the Purchaser) prior to January 31, 2004 or (b) any of the Key Employees breaches (i) Section 6 (“Trade Secrets”) of his respective Employment Agreement or (ii) Section 4.2 of the Purchase Agreement.

Related to Payment Contingency

  • No Material Default; Payment Record No Mortgage Loan has been more than 30 days delinquent, without giving effect to any grace or cure period, in making required payments in the prior 12 months (or since origination if such Mortgage Loan has been originated within the past 12 months), and as of Cut-off Date, no Mortgage Loan is delinquent (beyond any applicable grace or cure period) in making required payments. To the Mortgage Loan Seller’s knowledge, there is (a) no material default, breach, violation or event of acceleration existing under the related Mortgage Loan, or (b) no event (other than payments due but not yet delinquent) which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a material default, breach, violation or event of acceleration, which default, breach, violation or event of acceleration in the case of either clause (a) or clause (b), materially and adversely affects the value of the Mortgage Loan or the value, use or operation of the related Mortgaged Property; provided, however, that this representation and warranty does not cover any default, breach, violation or event of acceleration that specifically pertains to or arises out of an exception scheduled to any other representation and warranty made by the Mortgage Loan Seller in this Exhibit C. No person other than the holder of such Mortgage Loan may declare any event of default under the Mortgage Loan or accelerate any indebtedness under the Mortgage Loan documents.

  • Note Payment Account (a) Pursuant to Section 4.1, the Indenture Trustee shall establish and maintain the Note Payment Account, which shall be an Eligible Account, for the benefit of the Secured Parties. If the Note Payment Account loses its status as an Eligible Account, the funds in such account shall be moved to an account that qualifies as an Eligible Account within thirty (30) days. The Note Payment Account shall be funded to the extent that (i) the Issuer shall remit to the Indenture Trustee the Redemption Amount for a Class of Notes pursuant to Section 13.1, (ii) the Indenture Trustee shall remit thereto any Available Funds from the Collection and Funding Account pursuant to Section 4.2(b), (iii) the Indenture Trustee shall remit thereto any Available Funds from the Interest Accumulation Account, the Target Amortization Principal Accumulation Account and the Fee Accumulation Account pursuant to Section 4.5 and (iv) the Indenture Trustee shall transfer amounts from an applicable Series Reserve Account pursuant to, and to the extent required by, Section 4.6.

  • Advance Payment The right to indemnification conferred in this Article VII shall include the right to be paid or reimbursed by the Company the reasonable expenses incurred by a Person of the type entitled to be indemnified under Section 7.3 who was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition of the Proceeding and without any determination as to the Person’s ultimate entitlement to indemnification; provided, however, that the payment of such expenses incurred by any such Person in advance of the final disposition of a Proceeding shall be made only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief that he has met the standard of conduct necessary for indemnification under Article VII and a written undertaking, by or on behalf of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is not entitled to be indemnified under this Article VII or otherwise.

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

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