Payment Provision. District agrees to compensate Contractor for the services specified herein as follows:
3.01. For collection and removal of garbage known as residential garbage service, a payment of Twenty-Two Dollars and Twenty-Eight Cents ($22.28) per month for each single-family unit for the period July 1, 2020 thru June 30, 2021.
3.02. Should any charges enforced by the District or Placer County be determined by a court of competent jurisdiction to be invalid, or violate any provision of law, said portion of the Agreement shall be of no force and effect, without affecting any other portion of this Agreement.
3.03. Contractor shall have the option to xxxx District for all payments due pursuant to this
3.04. District shall provide payment to Contractor for those sums billed for the calendar quarter by the first working day of the month following the end of the calendar quarter.
3.05. Contractor's fees may be adjusted by future modifications to District Ordinances. At such time as modifications to the Ordinance are made, Contractor shall be advised and revisions to this Agreement will be made as needed. SQUAW VALLEY PUBLIC SERVICE DISTRICT TAHOE TRUCKEE SIERRA DISPOSAL COMPANY, INC. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SQUAW VALLEY PUBLIC SERVICE DISTRICT AUTHORIZING THE BOARD PRESIDENT & BOARD SECRETARY TO EXECUTE THE OLYMPIC VALLEY RESIDENTIAL GARBAGE SERVICE AGREEMENT FOR FY 2020-2021
Payment Provision. 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. 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).
b. Past delinquency, if any, in the Reserve f or Replacement is hereby forgiven. Payments into the Reserve for Replacement for the duration of this workout period are hereby waived.
c. Any funds over $25,000.00 (approximately one month's principal and interest) remaining in the operating account each month after payment of project operating expenses will be remitted in addition to the minimum monthly payment. Mortgagor shall establish an escrow account to assure timely payment of insurance and heating bills as they come due.
d. A four percent late charge may be assessed against payments not received by the fifteenth of the month.
e. At no time will the owner permit any delinquency to accrue in either the service charge due HUD or tax escrow as billed by HUD each month.
f. Mortgagor remitted all of the net operating income to HUD. No additional late charges other than those assessed pursuant to paragraph 3(d) will be charged for the duration of this workout period.
Payment Provision. District agrees to compensate Contractor for the services specified herein as follows:
3.01. For collection and removal of garbage known as residential garbage service, a payment of Twenty-Eight Dollars and Ten Cents ($28.10) per month for each single-family unit for the period July 1, 2023 thru June 30, 2024.
3.02. Should any charges enforced by the District or Placer County be determined by a court of competent jurisdiction to be invalid, or violate any provision of law, said portion of the Agreement shall be of no force and effect, without affecting any other portion of this Agreement.
3.03. Contractor shall have the option to bill District for all payments due pursuant to this Agreement for a calendar quarter by the fifteenth (15th) day of the last month of each calendar quarter or accept the payment breakdown prepared by the District and included with the payment.
3.04. District shall provide payment to Contractor for those sums billed for the calendar quarter by the first working day of the month following the end of the calendar quarter.
3.05. Should the contract automatically renew for subsequent terms extending beyond the 2023- 2024 rate year, the rates will be adjusted effective July 1st each year for any increase in the garbage and trash collection component of the Consumer Price Index, using Series: ID: CUUR0000SEHG02, Garbage and trash collection in U.S. city average, all urban consumers, not seasonally adjusted, as published by the U.S. Bureau of Labor Statistics. The data to be used shall be an average of twelve months (October through September) prior to the operating rate year for which the adjustment is to be made (for example, the adjustment for the 2024-2025 operating rate year will use statistics from October 2021 through September 2023). If the index should become no longer published or no longer available during the Agreement, both parties will meet and confer to determine the most similar index still being published for use as a substitute. In the event that any calculated annual rate adjustment exceeds 6%, the amount above 6% will be carried-forward and cumulatively incorporated into subsequent year rate adjustments, until the foregone amount becomes fully captured in the rates.
3.06. Rate adjustments for extraordinary costs. The monthly residential base rate and associated rates may be adjusted at times when agreed upon in advance and in writing by both Contractor and District for unforeseen extraordinary costs not captured in the...
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. 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. 7.1. Invoicing and Payment
A. Fees for the Licensor Maintenance and Support Services for subsequent years shall be due in advance and will be those in effect at the beginning of the period for which the fees are paid. Maintenance and Support Services for subsequent years shall be at the option of the Licensee. As long as Licensee has a valid, paid-up Maintenance and Support Agreement in place, any Updates provided to Licensee under such agreement shall, upon installation, replace earlier versions of the Software and shall be governed by DIR Contract Number DIR-TSO-3949 and this Agreement.
Payment Provision. Chartiers Valley School District agrees to the following payments provisions for all students placed at Xxxxxxxx Academy as per Attachment A.
Payment Provision. 3.1. In case that Party B has account opened at the Joint Stock Commercial Bank for Foreign Trade of Vietnam:
3.2. In case that Party B hasn’t account opened at the Joint Stock Commercial Bank for Foreign Trade of Vietnam:
3.2.1. Party B takes responsibility to transfer sum of money in VND which is corresponding in foreign currency to Party A’s account No.: ………………………………………………… at the Bank: ………………………….. ...................................................................................................................................