Payment Provision. District agrees to compensate Contractor for the services specified herein as follows:
Payment Provision. 2.1 As contract signatory, I agree to prompt payment of all fees as set forth in section 2.4 of this contract and agree that those payments will be made electronically based on the preferences I entered when completing the online registration.
Payment Provision. (a) All installments of Rent, and all other amounts of money payable by Tenant to Landlord under this lease, if not received by Landlord within five (5) days of the date due, shall: (a) be subject to a late fee equal to the greater of (1) five percent (5%) of the amount past due, or (2) $50.00, which late fee represents an agreed upon charge for the administrative expense suffered by Landlord as a result of such payment and not payment for the use of money or a penalty; and (b) the amount past due (excluding late fees), shall bear simple interest from the date due until paid at twelve percent (12%) per annum (the "Interest Rate"); and Tenant agrees to pay said late fee and interest immediately and without demand. However, if at the time such interest is sought to be imposed, the Interest Rate exceeds the maximum rate permitted under federal law or under the laws of the State of Georgia, the Interest Rate shall be the maximum rate of interest then permitted by applicable law. Should Tenant make a partial payment of past due amounts, the amounts of such partial payment shall be applied first to late fees, second to accrued but unpaid interest at the Interest Rate, and third to past due amounts in the order of their due dates. The provision for such late charges shall be in addition to all of Landlord's other rights and remedies hereunder or at law and shall not be construed as liquidated damages or as limiting Landlord's remedies in any manner.
Payment Provision. 3.1 All employees shall be paid in equal monthly installments over the duration of their employment contracts. Payroll checks (and EFT deposits) shall be issued to the employee on the last working day of each month. For the month of December, the Business Manager will determine by the 10th (each year) if the district has sufficient funds to distribute payroll prior to leaving for holiday break. In the event of an error in payment resulting in underpayment, corrections shall be made as soon as the District accounting procedures will allow. In the event of District overpayment the District and individual will work out a reasonable time for repayment. Errors of either over or underpayment will only be corrected if found and both parties notified within one year of the payment error. Both parties are bound to report to the other any error discovered. Errors found after one year shall not be subject to back payment or payroll deduction unless required by state law.
Payment Provision a. Beginning January 1. 1994 and continuing through December 31, 1994 the mortgagor will remit by the first of the month a minimum payment sufficient to pay through 87 percent of interest. This payment is currently $24,000.00 per month. The payment shall be increased annually as follows: % of Monthly Year Accruing Interest 1995 25,000 300,000 91% 1996 26,750 321,000 97% 1997 27,750 333,000 101% 1998 28,500 342,000 103% 1999 30,500 366,000 110% 2000 31,500 378,000 114% 2001 33,000 396,000 120% 2002 34,000 408,000 123% 93101802.44 On January 1, 2003 the mortgage shall be recast and the mortgage payment set to amortize the then existing balance over the remaining term (239 months).
Payment Provision. If, during the term of this Agreement, Subsidiary fails to make any scheduled payment of interest, principal or premium, if any, on any Debt issued by it, Parent shall be obligated to the fullest extent permitted by law to either make, or cause Subsidiary to make, the scheduled payment immediately following notice of such failure.
Payment Provision. (A) Interest accrued on the unpaid principal balance of this Note from the date of disbursement hereof through January 31, 2006 at the rate of six and one one-hundredths percent (6.01%) per annum, shall be due and payable on the disbursement date of the Loan.
Payment Provision. 3.1. In case that Party B has account opened at the Joint Stock Commercial Bank for Foreign Trade of Vietnam: Party A is entitled to debit to Party B’s account in VND automatically on the maturity date and at the same time, Party A takes responsibility to transfer sum of money which is corresponding in USD to Party B as regulated in the Article 1.
Payment Provision. 7.1. Invoicing and Payment Invoicing and Payment shall be handled in accordance with Section 8. Pricing, Purchase Orders, Invoicing and Payments of Appendix A Standard Terms and Conditions of DIR Contract Number DIR-TSO-3949. First year standard Licensor Maintenance and Support Service fees shall be in accordance with Appendix C, Pricing Index of DIR Contract Number DIR-TSO-3949 and will apply from the expiry of the Warranty Period.
Payment Provision. Chartiers Valley School District agrees to the following payments provisions for all students placed at Xxxxxxxx Academy as per Attachment A.
