Payment Period. Whenever a payment under this Agreement specifies a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the sole discretion of Company.
Payment Period. When, if ever, a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment shall be made within ten (10) days following the date of termination”), the actual date of payment within the specified period shall be within the sole discretion of Middlefield.
Payment Period. Payment Period" means the period beginning on the later of the Change of Control Date or the date of Executive's termination of employment during the Change Period and continuing for the number of months specified in Appendix A; provided, however, if Executive's employment terminates after a Change of Control (or, in the case of a transaction described in Paragraph 2(d)(4) or 2(d)(5), the later effective date of such transaction), the number of months in the Payment Period shall be reduced by one for each full calendar month before the effective date of Executive's termination of employment occurring after the most recent Change of Control Date (or, in the case of a transaction described in Paragraph 2(d)(3) or (4), the later effective date of such transaction) before such termination date.
Payment Period. The Responding Member must provide an itemized bill to the Requesting Member for all expenses it incurred as a result of providing assistance under this Agreement. The Responding Member must send the itemized bill not later than ninety (90) days following the end of the Period of Assistance. The Requesting Member must pay the bill in full on or be- fore the forty-fifth (45th) day following the billing date. Unpaid bills become delinquent upon the forty-sixth (46th) day following the billing date, and, once delinquent, the bill accrues interest at the rate of prime, as reported by the Wall Street Journal, plus two percent (2%) per annum.
Payment Period. 4.4.1. The authorising department undertakes to pay sums due pursuant to this contract within a maximum of 30 calendar days from the date on which it receives the invoice, established in accordance with the instructions in Article 4.2 above. Payment shall be deemed to have been effected on the day on which the Translation Centre’s account is debited.
4.4.2. This payment period may be suspended by the authorising department if it informs the Contractor, at any time within the period of 30 calendar days from the date of receipt of the invoice, that the corresponding invoice is not admissible either because the amount is not due or because the necessary supporting documents (e.g. VAT exemption) have not been produced or if the authorising department considers that further checks are necessary (e.g. in the case of discrepancies between invoice and order form). The payment period shall continue to run from the date on which the properly established invoices are registered.
4.4.3. The authorising department shall be bound to comply with payment periods only if invoices are properly presented and sent to the correct address.
4.4.4. In the event of late payment the Contractor shall be entitled to interest, provided the calculated interest exceeds EUR 200. If interest does not exceed EUR 200, the Contractor may claim interest within two months of receiving the payment. Interest shall be calculated at the rate applied by the European Central Bank to its most recent main refinancing operations (‘the reference rate’) plus eight percentage points (‘the margin’). The reference rate in force on the first day of the month in which the payment is due shall apply. That interest rate is published in the C series of the Official Journal of the European Union. Interest shall be payable for the period elapsing from the calendar day following expiry of the time-limit for payment up to the day of payment. Suspension of payment by the Translation Centre may not be deemed to constitute late payment.
4.4.5. The Translation Centre reserves the right to apply liquidated damages relating to quality problems, as set out in Article 5.6.3, on invoices already paid if the standard assessment sheet was not submitted.
Payment Period. The Payment Period shall mean the period commencing with the first day of the month following the month in which a Qualifying Termination occurs and continuing for twenty-four (24) months thereafter.
Payment Period. Unless mutually agreed upon otherwise, the Responding Member must provide an itemized xxxx to the Requesting Member for all expenses incurred by the Responding Member while providing assistance under this Agreement. The Responding Member must send the itemized xxxx not later than ninety (90) days following the end of the Period of Assistance. The Responding Member may request additional periods of time within which to submit the itemized xxxx, and Requesting Member shall not unreasonably withhold consent to such request. The Requesting Member must pay the xxxx in full on or before the sixtieth (60th) day following the billing date. The Requesting Member may request additional periods of time within which to pay the itemized xxxx, and Responding Member shall not unreasonably withhold consent to such request, provided, however, that all payment shall occur not later than one year after the date a final itemized xxxx is submitted to the Requesting Member.
Payment Period. You must pay the royalty owed by the 5th of each month based on Gross Receipts for the preceding month, and any balance owed to achieve Minimum Royalty on May 5 for each fiscal year ending April 30. You must pay advertising fees by the 5th of each month based on Gross Receipts for the preceding month. Liberty reserves the right to modify this payment schedule in Liberty’s Operations Manual.
Payment Period. When shift work has been introduced, the employer ensures payment of shift pay for up to 2 shifts at a time, even though external circumstances such as lack of raw material or comparable events mean that there is no work to do. In other respects, the daily rate is paid. This agreement does not replace or impair the validity of the agreements on shift work that are now in force between individual unions and employers on shift work.
Payment Period. The First Payment Period shall begin on the first pay day following the day you become entitled to the Severance Benefits under this Agreement (the “Severance Date”). The First Payment Period shall end 2 ½ months after the later of (i) the last day of the calendar year in which you have a termination of employment (either by the Company without Cause or you resign for Good Reason), or (ii) the last day of the fiscal year of the Company in which you have a termination of employment (either by the Company without Cause or you resign for Good Reason). If the amount you are due cannot be finally determined before the first bi-weekly installment payment, your bi-weekly installment payments will be calculated based on the minimum amount to which you are clearly entitled, as estimated in good faith by the Company. The amount shall be finally determined by the Company within thirty (30) days after the Severance Date and all future bi-weekly installments will be adjusted to reflect the final amount of cash Severance Benefits owed to you by the Company. In no event shall the aggregate amount of Payments in the First Payment Period exceed the Severance Benefits; and provided, that in no event shall a Payment be paid under this subsection (a) after the last day of the First Payment Period.
