PAYMENT STIPULATIONS Sample Clauses

The Payment Stipulations clause defines the terms and conditions under which payments are to be made between parties in a contract. It typically outlines the payment schedule, acceptable methods of payment, and any requirements for invoicing or documentation. For example, it may specify that payments are due within 30 days of receiving an invoice or that late payments will incur interest. This clause ensures both parties have a clear understanding of their financial obligations, reducing the risk of disputes over payment timing or amounts.
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PAYMENT STIPULATIONS. Pursuant to this Agreement, Tenant’ monetary obligations are as follows:
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PAYMENT STIPULATIONS. About the payment, matter of this Agreement, the PARTIES agree that: a) The ASSIGNEE will be able to pay in national, Mexican legal currency or in US dollars, adding the value of IVA tax, which will be transfer at each payment moment. The US dollars conversion to national currency, will be according to the currency exchange for solve the obligations in foreign currency payable in the Mexican Republic, published in the Official Journal of the Federation, the immediate business day previous to the payment. b) The ASSIGNORS, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, name as their common representative to ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Garcia. Meanwhile, the universal heirs ASSIGNORS of ▇▇.▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Patiño and his surviving wife ▇▇▇. ▇▇▇▇▇ ▇▇▇▇▇▇▇ Real ▇▇▇▇▇▇▇▇, name as their common representative to ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Real (both as “Common Representatives”), who among other ▇▇▇▇▇▇, ▇▇▇▇ be able to receive the payments made by the ASIGGNEE to the ASSIGNORS, mentioned in the terms of this AGREEMENT. c) The ASSIGNEE will pay to the ASSIGNORS, exclusive through their Common Agents, through a check, presented in the respective Common Agent's addresses, pointed in the Eight clause of this Agreement or through a bank deposit or electronic transference in the bank account detailed below, in the next subsection. The MEMBERS expressly agree that any payment made to the respective Common Agents, will be considered as a well done payment to the ASSIGNORS, and that if in the future emerge controversy o differences between ASSIGNORS by payments motive the ASSIGNEE will be not affected by it. The respective bank accounts of the Common Representatives, where the payments will be transfer, matter of this Agreement, in terms of this clause, are as follows: a) The bank account of ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Garcia, for receiving payments, under this clause: Titular name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Bank: BBVA Bancomer Branch Office: Tahona Number Account: 0173447200 ▇▇▇▇▇: 012930001734472003 b) The bank account of ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Real, for receiving payments, under this clause: Titular name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Real Bank: BANAMEX Branch Office: 0423 Number Account: ▇▇▇▇▇▇▇ ▇▇▇▇▇: 002397042355107026 d) The ASSIGNORS will expedite to the ASSIGNEE a ▇▇▇▇ by each payment received by it and under terms of this Agreement, the ▇▇▇▇ will be delivered by the Common Representative, through a document which contents all the requisitions established by the legal dispositions applicable ...
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Related to PAYMENT STIPULATIONS

  • Other Stipulations Absent mutual agreement, any change in existing Division boundaries will not affect this agreement.

  • Special Stipulations The following Special Stipulations, if conflicting with any preceding paragraph, shall control:

  • Stipulation The undersigned stipulates and agrees to the above findings fact and conclusions of law and waives its rights to administrative hearing and judicial review of the Commissioner’s Order.

  • Settlement Agreement Respondent understands that Respondent has the right to a formal adjudicatory hearing concerning this matter and that at said hearing

  • Acknowledgments and Stipulations Each Borrower acknowledges and stipulates that the Credit Agreement and the other Loan Documents executed by Borrowers are legal, valid and binding obligations of Borrowers that are enforceable against Borrowers in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby waived by each Borrower); and the security interests and liens granted by Borrowers in favor of Administrative Agent, for the benefit of itself and Lenders, are duly perfected, first priority security interests and liens to the extent provided therein.