Payment to Xxxxxxx. With respect to any Receivable purchased by Seller from Xxxxxxx, such sale shall be effected under, and in strict compliance with the terms of, the Receivables Sale Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to Xxxxxxx in respect of the purchase price for such Receivable.
Payment to Xxxxxxx. Payment by the Company to Xxxxxx Xxxxxxx in the amount of Five Hundred Ninety-Four Thousand Dollars ($594,000.00) less appropriate reductions as set forth and more specifically described in subsection 8.03(d) hereof.
Payment to Xxxxxxx. In consideration of and in return for the promises and covenants undertaken by ATC and Xxxxxxx herein and the releases given by Xxxxxxx and ATC herein:
Payment to Xxxxxxx. Concurrently with the execution and delivery ------------------ of this Agreement, Tracinda is making certain payments to Xxxxxxx, as provided in Section 1 of the Settlement, by wire transfer of immediately available funds. Xxxxxxx agrees that, except for the obligation of Tracinda to reimburse Xxxxxxx for certain legal fees and expenses under Section 1 of the Settlement, which shall remain in full force and effect, such payment discharges in full all obligations of Tracinda and Kerkorian to Xxxxxxx under any agreements, arrangements or understandings, written or oral, between Tracinda and/or Kerkorian, on the one hand, and Xxxxxxx, on the other hand, including, without limitation, the Consulting Agreement, the Value Sharing Agreement and the Amendment.
Payment to Xxxxxxx. At Closing, Xxxxxxx shall receive:
Payment to Xxxxxxx. Upon execution of this Agreement, Xxxxxxxxx shall pay Xxxxxxx the sum of Four Hundred Thirty Thousand and No/100ths Dollars ($430,000.00). Xxxxxxx hereby acknowledges receipt of such sum, and further acknowledges that the Promissory Note dated July 15, 2005, in the face amount of $728,637.00, with Xxxxxxxxx as maker and Xxxxxxx as payee, attached to the Release Agreement as Exhibit “A” (“Discharged Note”), is hereby completely released, cancelled, discharged, and otherwise satisfied and, accordingly, Xxxxxxx shall clearly and indelibly xxxx the Discharged Note “Canceled” and “Paid In Full” and deliver the same to Xxxxxxxxx (at the time signatures on this Agreement are exchanged).
Payment to Xxxxxxx. In consideration for signing this Agreement, the DISTRICT agrees to pay XXXXXXX $41,191.37 plus all employment taxes and retirement contributions required by the PERS system on September 20, 2021. The DISTRICT agrees to pay XXXXXXX $75 Gift Card to The Mirage on September 7, 2021. The DISTRICT agrees to pay XXXXXXX $61,787.05 plus all employment taxes and retirement contributions required by the PERS system on January 20, 2022. The DISTRICT shall contribute $14,500 in health insurance premiums for XXXXXXX to the Oregon Educators Benefit Board through June 30, 2022. The DISTRICT will pay XXXXXXX $4,166.67 TSA account by September 30, 2021. XXXXXXX must have returned a signed original ofthis Agreement to the DISTRICT before payment will be made.
