Payment to the Company Sample Clauses
The 'Payment to the Company' clause defines the obligations and procedures for the client or customer to pay the company for goods or services rendered. Typically, it outlines the amount due, acceptable payment methods, and the timeline for making payments, such as requiring payment within 30 days of invoice receipt. This clause ensures that the company receives timely compensation for its work, reducing the risk of non-payment and providing clear expectations for both parties.
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Payment to the Company. Subject to Section 6.4, the City and the County shall pay to the Company their respective portion of the compensation amount due and owing under this Article 6 and invoiced by the Company with respect to the City and the County within thirty (30) days after the date of receipt by the Jurisdictions of a properly formatted invoice, consistent with Schedule 3 containing the required documentation and free of errors. If the due date for payment is not a business day, payment is due on the next business day following that date. If the Jurisdictions fail to remit the full amount payable (less any disputed portion) by the Jurisdictions when due, interest on the unpaid portion of the respective Jurisdiction’s invoice shall accrue at the rate provided in Section 6.3.
Payment to the Company. The application monies received in respect of the Hong Kong Public Offering Applications and held by the Nominee will be paid in Hong Kong dollars to the Company on the Listing Date at or before 9:30 a.m. (subject to and in accordance with the provisions of the Receiving Bank Agreement and this Agreement) upon the Nominee receiving written confirmation from the Overall Coordinators that the Conditions have been fulfilled or waived and that share certificates have been despatched to successful applicants of the Hong Kong Offer Shares (or to HKSCC Nominees Limited, as the case may be), by wire transfer to such account or accounts in Hong Kong specified by the Company and notified to the Overall Coordinators in writing as soon as practicable after the signing of this Agreement (but, in any event, by no later than three Business Days immediately preceding the Listing Date) in immediately available funds, provided, however, that:
5.2.1 the Overall Coordinators are hereby irrevocably and unconditionally authorised by the Company to direct the Nominee (prior to payment of the application monies to the Company on and at the date and time as aforesaid) to deduct from such application monies received in respect of Hong Kong Public Offering Applications for the Hong Kong Offer Shares offered by the Company and pay to the Overall Coordinators (and where a person other than the Overall Coordinators is entitled to any amount so deducted, such amount will be received by the Overall Coordinators on behalf of such person) all amounts payable by the Company pursuant to Clause 5.3, Clause 5.4, Clause 6.1, Clause 6.2, Clause 6.3, Clause 6.4.18 and (provided that the breakdown and details of the relevant out-of-pocket expenses are provided to the Company on or before the Price Determination Date) Clause 6.4.11; and
5.2.2 to the extent that the amounts deducted by the Nominee under Clause 5.2.1 are insufficient to cover, or the Nominee do not or will not deduct in accordance with Clause 5.2.1, the Company shall, and the Warranting Shareholders shall procure the Company to, pay or cause to be paid in full, on and at the date and time of payment of the application monies to the Company as aforesaid or forthwith upon demand subsequent to such date and time, the shortfall or the amounts not so deducted, as applicable, to the Overall Coordinators (for themselves or on behalf of the other Hong Kong Underwriters, as applicable) or to the relevant party entitled to the amount payable b...
Payment to the Company. The application monies received in respect of the Hong Kong Public Offering Applications and held by the Nominee will be paid in Hong Kong dollars to the Company on the Listing Date at or around 9:30 a.m. (subject to and in accordance with the provisions of the Receiving Bank Agreement and this Agreement) upon the Nominee receiving written confirmation from the Joint Sponsors and the Overall Coordinators that the Conditions have been fulfilled or waived or modified and that share certificates have been despatched to, or made available for collection by, successful applicants of the Hong Kong Offer Shares (or to HKSCC Nominees Limited, as the case may be) by wire transfer to such account or accounts in Hong Kong specified by the Company and notified to the Overall Coordinators in writing as soon as practicable after the signing of this Agreement (but, in any event, by no later than three Business Days immediately preceding the Listing Date) in immediately available funds, provided, however, that:
5.2.1 the Overall Coordinators are hereby irrevocably and unconditionally authorised by the Company to direct the Nominee (prior to payment of the application monies to the Company on and at the date and time as aforesaid) to deduct from such application monies received in respect of Hong Kong Public Offering Applications for the Hong Kong Offer Shares offered by the Company and pay to the Sponsor-Overall Coordinators (and where a person other than the Sponsor-Overall Coordinators is entitled to any amount so deducted, such amount will be received by the Sponsor-Overall Coordinators on behalf of such person) all amounts payable by the Company pursuant to Clause 6, provided that such deduction shall be subject to the Company's approval in writing (such approval not to be unreasonably withheld or delayed); and
5.2.2 to the extent that the amounts deducted by the Nominee under Clause 5.2.1 are insufficient to cover, or the Nominee does not or will not deduct in accordance with Clause 5.2.1, the amounts payable by the Company pursuant to Clause 6, the Company shall, and the Warranting Shareholders shall procure the Company to, pay or cause to be paid in full, on and at the date and time of payment of the application monies to the Company as aforesaid or forthwith upon demand subsequent to such date and time, the shortfall or the amounts not so deducted, as applicable, to the Sponsor-Overall Coordinators (for themselves or on behalf of the Hong Kong Underwriters, as app...
Payment to the Company. Except as provided in Section 19(a) hereof, in the event any dispute or controversy arising under or in connection with Section 8 of this Agreement is resolved on the merits in favor of the Company pursuant to an arbitration award or final judgment, order or decree of a court of competent jurisdiction (the time for appeal therefrom having expired and no appeal having been perfected), Executive shall be obligated to pay the Company, within thirty (30) days after the date on which such judgment becomes final and not subject to further appeal, all reasonable costs and legal fees paid or incurred by the Company in connection with such dispute or controversy.
Payment to the Company. (a) The Bank must make payment of the Amount or any part or parts of the Amount to the Company:
(i) immediately upon the Bank receiving at any place where the Bank carries on business a written demand from the Company;
(ii) so that it is immediately available and freely transferable in Australian dollars clear of and without any deductions;
(iii) without reference by the Bank to the Contractor;
(iv) despite any notice given to the Bank by the Contractor not to pay the Company any part of the Amount; and
(v) irrespective of the performance or non-performance by the Contractor or the Company of the Agreement in any respect. The Bank acknowledges its obligations under this undertaking constitute direct primary, irrevocable and unconditional obligations. The Bank further acknowledges its obligations under this undertaking will not be abated, suspended, abrogated, varied, discharged or otherwise prejudiced or affected by any matter or thing which, in the absence of this provision, would or might have that effect, except for a discharge or amendment expressly made or agreed to in writing by the Company. The Bank may at any time, without being required to do so, pay to the Company the Amount less any amount or amounts it has previously paid under this undertaking and when it has done so the liability of the Bank under this undertaking will immediately cease and determine. If two or more persons are named as the Company, this undertaking takes effect for the benefit of them jointly and a demand under this undertaking by any one or more of them is deemed to be a demand by both or all of them jointly. The Company may assign this undertaking to any person and upon receipt of notification to the Bank in writing, the Bank undertakes to make payment claimed under this undertaking to the person specified in the notice which will constitute a full and valid discharge to the Bank in relation to the payment.
Payment to the Company. Any money deposited with the Trustee or any Paying Agent, or then held by the Company, for the payment of the principal of, premium, if any, or interest on any Security and remaining unclaimed for two years after such principal, premium, if any, or interest has become due and payable shall be paid to the Company on its request; and the Holder of such Security shall thereafter look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money shall thereupon cease.
Payment to the Company. JPS will make payment by transfer of Dollars or Jamaican Dollars to a Dollars or Jamaican Dollars denominated account, as the case may be that is held and specified by the Company at a bank in Jamaica. Such payments shall be made in Dollars or the equivalent in Jamaican Dollars upon applying the Conversion Rate.
Payment to the Company. On the Closing Date, Banca del Gottardo will pay to the Company the net proceeds (the "Net Proceeds") of the offering - after compensation with the commissions and expenses mentioned in Article IV against the Global Note and the Global Warrant being delivered to Banca del Gottardo pursuant to Article VII. Such net proceeds will be placed by Banca del Gottardo in US Dollars to the credit of the Company in a US Dollar denominated account designated by the Company. Such net proceeds will be at the free disposal of the Company subject to any Swiss National Bank regulations or other regulations that may be in force on the Closing Date.
Payment to the Company. After the right, title and interest of the Trustee in and to the Trust Estate and all covenants, agreements and other obligations of the Issuer to the Owners shall have ceased, terminated and become void and shall have been satisfied and discharged in accordance with Section 6.05 and Article VIII hereof, and all fees, expenses and other amounts payable to the Registrar, the Trustee and the Issuer pursuant to any provision of this Indenture shall have been paid, any moneys remaining in the Bond Fund shall be paid to the Company upon its written request.
Payment to the Company. It is a condition precedent to the satisfaction of the obligations of the Company and the consummation of the Share Exchange hereunder that the Company received the sum of $1,750,000 concurrent with the Closing of the Share Exchange, which amount shall be used to pay the purchase price payable in connection with the Repurchase .