Common use of Payment of EHFs Clause in Contracts

Payment of EHFs. During the Term, the Member shall pay to PCA within the next calendar month following the end of each reporting period (as described in Article 5.3 below) all EHFs on the sale or distribution of Products by the Member for each Program in which the Member is participating, including the sale or distribution of such Products which occurred prior to the Appointment Date. The rates of such EHFs shall be reasonably determined by PCA from time to time in accordance with the applicable Programs and the Rules, Guidelines and Policies and Program budgets including any requirements relating to reserve funds or potential penalties for non-performance by the Program. PCA will waive the Member’s obligation to remit EHFs on any Products, when permitted by applicable Regulations, where the Member can provide evidence satisfactory to PCA that another member has agreed to remit the required EHFs on its behalf. .

Payment of EHFs. During the Term, the Member shall pay to PCA within the next calendar month following the end of each reporting period (as described in Article 5.3 below) all EHFs on the sale or distribution of Products by the Member for each Program in which the Member is participating, including the sale or distribution of such Products which occurred prior to the Appointment Date. The rates of such EHFs shall be reasonably determined by PCA from time to time in accordance with the applicable Programs and the Rules, Guidelines and Policies and Program budgets including any requirements relating to reserve funds or potential penalties for non-performance by the Program. PCA will waive the Member’s obligation to remit EHFs on any Products, when permitted by applicable Regulations, where the Member can provide evidence satisfactory to PCA that another member has agreed to remit the required EHFs on its behalf. .