Common use of Payment of Payment Amount Clause in Contracts

Payment of Payment Amount. CVR shall submit monthly invoices to GP for the Services, which invoices shall be due and payable net 15 days. GP shall pay or cause MLP or Fertilizer to pay, to CVR in immediately available funds, the full Payment Amount due under Section 3.01. Past due amounts shall bear interest at the Default Rate. Allocation percentages referred to in this Article III will be calculated and determined for calendar year or calendar quarter periods, as CVR may determine, based upon CVR’s annual audited financials, or quarterly unaudited financials, for the immediately preceding calendar year or calendar quarter, as applicable.

Payment of Payment Amount. CVR shall submit monthly invoices to Managing GP for the Services, which invoices shall be due and payable net 15 days. Managing GP shall pay or cause MLP or Fertilizer to pay, to CVR in immediately available funds, the full Payment Amount due under Section 3.01. Past due amounts shall bear interest at the Default Rate. Allocation percentages referred to in this Article III will be calculated and determined for calendar year or calendar quarter periods, as CVR may determine, based upon CVR’s annual audited financials, or quarterly unaudited financials, for the immediately preceding calendar year or calendar quarter, as applicable.

Payment of Payment Amount. CVR shall submit monthly invoices to GP for the Services, which invoices shall be due and payable net 15 days. GP shall pay or cause MLP or Fertilizer the Refining Subs to pay, to CVR in immediately available funds, the full Payment Amount due under Section 3.01. Past due amounts shall bear interest at the Default Rate. Allocation percentages referred to in this Article III will be calculated and determined for calendar year or calendar quarter periods, as CVR may determine, based upon CVR’s annual audited financials, or quarterly unaudited financials, for the immediately preceding calendar year or calendar quarter, as applicable.

Payment of Payment Amount. CVR shall will submit monthly invoices to GP for the Services, which invoices shall be are due and payable net 15 days. GP shall will pay or cause MLP or the Fertilizer Subs to pay, to CVR in immediately available funds, the full Payment Amount due under Section 3.01. Past due amounts shall will bear interest at the Default Rate. Allocation percentages referred to in this Article III will be calculated and determined for calendar year or calendar quarter periods, as CVR may determine, based upon CVR’s annual audited financials, or quarterly unaudited financials, for the immediately preceding calendar year or calendar quarter, as applicable.

Payment of Payment Amount. CVR shall will submit monthly invoices to GP for the Services, which invoices shall be are due and payable net 15 days. GP shall will pay or cause MLP or Fertilizer the Refining Subs to pay, to CVR in immediately available funds, the full Payment Amount due under under Section 3.01. Past due amounts shall will bear interest at the Default Rate. Allocation percentages referred to in this Article III will be calculated and determined for calendar year or calendar quarter periods, as CVR may determine, based upon CVR’s annual audited financials, or quarterly unaudited financials, for the immediately preceding calendar year or calendar quarter, as applicable.

Payment of Payment Amount. CVR GP shall submit monthly invoices to GP CVR for the GP Services, which invoices shall be due and payable net 15 days. GP CVR shall pay or cause MLP or Fertilizer its Affiliates to pay, to CVR GP in immediately available funds, the full Payment Amount due under Section 3.01. Past due amounts shall bear interest at the Default Rate. Allocation percentages referred to in this Article III will be calculated and determined for calendar year or calendar quarter periods, as CVR GP may determine, based upon CVRMLP’s annual audited financials, or quarterly unaudited financials, for the immediately preceding calendar year or calendar quarter, as applicable.