Payments and Contributions. Neither the Company, any subsidiary, nor any of its directors, officers or, to its knowledge, other employees has (i) used any Company funds for any unlawful contribution, endorsement, gift, entertainment or other unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment of Company funds to any foreign or domestic government official or employee; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other similar payment to any person with respect to Company matters.
Payments and Contributions. The Lead shall distribute the Payment(s) to the Partner(s) on the dates set out in the Project Plan. Payment(s) made by the Lead to a Partner under this Clause 4 shall be paid to such Partner on the same terms and conditions as the Grant Agreement. Each Party shall keep, in relation to the Project and the receipt and expenditure of all Payment(s) received under Clause 4: accurate records and accounts showing income and expenditure; receipts and invoices in relation to expenditure; and details of how the Deliverable(s), as state out Project Plan, were completed. Each Party shall keep the information listed in Clause 4.2 for a period of seven (7) years after the Expiry Date (“Retention Period”) so as to enable compliance with the reporting requirements of the Lead and/or The National Lottery Community Fund. If requested, the Partners shall permit The National Lottery Community Fund, the Lead and the Comptroller and Auditor General to inspect such information during normal working hours upon reasonable notice throughout the term of this Partnership Agreement and during the Retention Period. A Party shall not incur any financial liabilities in respect to the Project that are not agreed to as part of the Project Plan. In the event any Party does so, it shall not be entitled to any indemnity or reimbursement of such financial liability from any other Party unless agreed in accordance with Clause 12.1. Each Partner acknowledges that any Payment(s) to them by the Lead under this Partnership Agreement are paid from the Grant Agreement and do not represent consideration for any taxable supply for VAT purposes. Any such Payment(s) are distributed are inclusive of VAT (if any). Each Partner represents to the Lead that: it has the right, power and authority to enter into and fully perform its obligations under this Partnership Agreement; it will perform its obligations under this Partnership Agreement with reasonable skill and care; it shall comply with the Terms and Conditions of the Grant Agreement to the full extent that it is relevant to the Partner; there are no material agreements existing to which the Partner is a party which prevent the Partner from entering into or complying with this Partnership Agreement; and it has satisfied itself as to the nature and extent of the risks assumed by it under this Partnership Agreement and has gathered all information necessary to perform its obligations under the Partnership Agreement. Without prejudice to any other remedie...
Payments and Contributions. Payments of contributions to all of the above Funds shall be due and payable monthly to a depository designated by the respective Trustees thereof, not later than thirty (30) days following the end of that month for which contributions are due. In addition to any other remedy provided by law, both parties agree to the following:
Payments and Contributions. Neither the Company nor any of its directors, officers or, to its knowledge, other employees has (i) used any Company funds for any unlawful contribution, endorsement, gift, entertainment or other unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment of Company funds to any foreign or domestic government official or employee; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other similar payment to any person with respect to Company matters. Except as set forth in the Disclosure Schedule, no representation or warranty of the Company contained in this Agreement, any schedule, annex or exhibit hereto or any agreement, instrument or certificate furnished by the Company to the Investors pursuant to this Agreement, contains any untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein, not misleading.
Payments and Contributions. Neither the Company nor any of its directors, officers or, to its knowledge, other employees has (i) used any Company funds for any unlawful contribution, endorsement, gift, entertainment or other unlawful expense relating to political activity; (ii) made
Payments and Contributions.
4.1 The Lead shall distribute the Payment(s) to the Partner(s) on the dates set out in the Project Plan. Payment(s) made by the Lead to a Partner under this Clause 4 shall be paid to such Partner on the same terms and conditions as the Grant Agreement.
4.2 Each Party shall keep, in relation to the Project and the receipt and expenditure of all Payment(s) received under Clause 4:
4.2.1 accurate records and accounts showing income and expenditure;
4.2.2 receipts and invoices in relation to expenditure; and
4.2.3 details of how the Deliverable(s), as state out Project Plan, were completed.
4.3 Each Party shall keep the information listed in Clause 4.2 for a period of seven (7) years after the Expiry Date (“Retention Period”) so as to enable compliance with the reporting requirements of the Lead and/or The National Lottery Community Fund. If requested, the Partners shall permit The National Lottery Community Fund, the Lead and the Comptroller and Auditor General to inspect such information during normal working hours upon reasonable notice throughout the term of this Partnership Agreement and during the Retention Period.
4.4 A Party shall not incur any financial liabilities in respect to the Project that are not agreed to as part of the Project Plan. In the event any Party does so, it shall not be entitled to any indemnity or reimbursement of such financial liability from any other Party unless agreed in accordance with Clause 12.1.
4.5 Each Partner acknowledges that any Payment(s) to them by the Lead under this Partnership Agreement are paid from the Grant Agreement and do not represent consideration for any taxable supply for VAT purposes. Any such Payment(s) are distributed are inclusive of VAT (if any).
Payments and Contributions. 5. Each Party shall provide financial and/or in-kind contributions to carry out the Activities as set out in Appendices 1 and 2. ADB’s contributions shall be made independently of WWF- Pakistan’s contributions.
6. ADB’s contribution shall consist of payments made to WWF-Pakistan to undertake the Activities. In this regard, ADB shall make payments to WWF-Pakistan in an amount not exceeding USD 100,000 (the “Funds”) to carry out the Activities as specified in the Terms of the Reference (see Appendix 1). The Funds shall be remitted upon ADB’s certification of completion of the milestones specified in accordance with the payment schedule in Appendix 1.
7. ADB shall transfer the Funds to WWF-Pakistan’s account with the following details:
8. The Funds shall be used exclusively for the costs and expenses incurred in carrying out the Activities. In the event WWF-Pakistan shall engage external consultants or procure any equipment, WWF-Pakistan shall obtain prior written consent from ADB, and shall carry out such engagement and procurement in accordance with ADB’s Procurement Policy (2017) and its associated project administration instructions and/or technical assistance staff instructions.
9. WWF-Pakistan shall submit requests for payment in United States Dollars to ADB and ADB shall disburse the payment in accordance with the schedule of payments set out in Appendix
1. Disbursements will be made in accordance with the Technical Assistance Disbursement Handbook (2010, as amended from time to time). WWF-Pakistan shall not use the Funds to: (i) finance expenditures related to capitalization; (ii) purchase equipment without first consulting with the ADB project officer; or (iii) finance any local taxes or duties.
10. WWF-Pakistan’s contribution shall consist of in-kind contributions of the services of its professional staff to carry out the Activities as specified in the Terms of Reference (see Appendix 1). In this regard, WWF-Pakistan shall contribute in-kind the services of its professional staff in an amount not exceeding the equivalent of USD 15,346, which is based on the unit costs of these staff (see Appendix 2).
Payments and Contributions. 42 19.3 Equipment.........................................43 19.4
Payments and Contributions. (1) Pursuant to and in compliance with Section 542(g)(2)(C) of the Communications Act, the Grantee shall during the term of this Agreement pay to CAC a total of one million one hundred twenty-five thousand dollars ($1,125,000) for the exclusive use of CAC in connection with CAC PEG access capital costs. These CAC PEG capital cost payments by the Grantee shall be made in accordance with Exhibit H attached hereto and made part of this Agreement. These PEG access related capital costs payments to CAC by Grantee shall be as follows: one hundred twenty five thousand dollars ($125,000) shall be payable no later than one hundred eighty (180) days from the Date of Acceptance; one hundred thousand dollars ($100,000) shall be payable no later than three hundred sixty (360) days from the Date of Acceptance (the "360 Day Payment"); one hundred thousand dollars ($100,000) shall be payable no later than the last day of each of the four (4) calendar years begining with the calendar year in which the 360- Day Payment is to be made; and fifty thousand dollars ($50,000) shall be payable no later than the last day of each of the following ten (10) calendar years.
(2) In addition to the PEG access cost capital payments set forth in Section 19.2(1) of this Agreement, the Grantee has voluntarily agreed to pay CAC one percent (1%) of its annual gross revenues as defined in an agreement dated January 26, 1996 by and between the Grantee and CAC (the "CAC Agreement"). The terms and conditions of those payments by the Grantee to CAC are as set forth in the CAC Agreement.
Payments and Contributions. Neither the Company, any Subsidiary, nor any of its or such Subsidiary's directors, officers or, to its knowledge, other employees has (a) used any Company or Subsidiary funds for any unlawful contribution, endorsement, gift, entertainment or other unlawful expense relating to political activity; (b) made any direct or indirect unlawful payment of Company or Subsidiary funds to any foreign or domestic government official or employee; (c) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended; or (d) made any bribe, rebate, payoff, influence payment, kickback or other similar payment to any Person with respect to Company or Subsidiary matters.
