Payments and Default Sample Clauses

Payments and Default. Any amounts not paid when due under this contract will bear interest at the rate of 1.5% per month, not to exceed the maximum rate permitted by law. In addition, if the Exhibitor defaults on any of its obligations under this contract or violates any Exhibition rule or regulation promulgated pursuant to this contract, the Management may, without notice, terminate the Exhibitor’s rights under this contract and may thereupon direct the Exhibitor forthwith to remove its Employees and Agents, and all of its articles or merchandise and other personal property, from the space contracted for and from the Exhibit Hall. In the event of a termination of this contract as a result of any such Exhibitor default or violation the Management may retain all monies paid or payable under this contract as liquidated damages. The Exhibitor will be responsible for any costs reasonably incurred by Management (including reasonable attorney’s fees) in enforcing the Exhibitor’s obligations under this contract.
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Payments and Default. 14.1. Time for payment of invoices is of the essence.
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Payments and Default. 17.1. All payments set forth herein, by way of payment, settlement of Transactions, or otherwise shall be paid on the maturity dates set forth in the respective Confirmations or upon early maturity, should this be the case, or as provided in this Agreement and/or in the Confirmations as follows, subject to the other provisions already set forth herein:
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Payments and Default. Except in the case of an agreement to the contrary between the Parties, the contract prices are per unit, exclusive of tax (and exclusive of VAT) and in Euro. All payments have to be transferred in Euro without any deductions. Cheques are not accepted; the down payment and all other instalments shall be transferred to the account of the Seller without any deductions and fees. All bank fees on Buyers side have to be borne by the Buyer, all bank fees on Seller´s side will be borne by the Seller. The Buyer agrees to transfer to the account of the Seller the instalments stated on the order, which forms part of the agreement. The Seller will send an invoice and a report with photos to the Buyer, stating that a certain milestone is finished. After receiving the report, the Buyer transfers the money within 5 bank-days to the Seller’s account. All options shall be chosen in the order. Any change and any order of optional equipment or feature after the start of the construction may change the price and the time for completion, which shall be agreed by the parties. Options and changes ordered after the commencement date have to be paid 50% when started, 50% when completed. The delivery of the Yacht or of parts of it is always recognised to be carried out at the production-site of the Yacht. The costs for transporting the Yacht to another harbour shall be borne by the Buyer and will be invoiced separately, although the cost of launching the Yacht at the production-site is included in the purchase price. The Buyer is in default in the following events:
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Payments and Default. See in Service Specification below. Payment will be made monthly in arrears by Addaction upon receipt of an invoice from the Pharmacy that arrives no later than the 5th day after the end of the month. Payments will only be made where Addaction is satisfied that the Service has been provided in accordance with the terms of this Agreement and will make best endeavours to pay within 30 days of receipt of the Pharmacy’s invoice. Addaction shall be entitled to suspend payment and/or vary the amount of the payment if it considers the Pharmacy has committed a serious breach of the Agreement and shall forthwith notify the Pharmacy in writing accordingly. Following the exercise of rights in clause 7.2 above, Addaction shall immediately investigate the grounds for suspension or variation and report to the Pharmacy every 30 days until such investigation is complete. When the investigation is complete, Addaction shall immediately notify the Pharmacy of the outcome and, where appropriate, within 30 days pay any sums to the Pharmacy that were suspended or varied. Without prejudice, if the Pharmacy fails to comply with the provisions of this Agreement Addaction may serve a default notice stating the action required to remedy the default within a period of time (to be specified by Addaction) in which to take the action. If the Pharmacy remains in default following the expiry of the period specified Addaction may proceed to terminate the Agreement. The Service and payment may be varied or discontinued if: The Pharmacy and Addaction agree, or A change in Addaction service priorities is required either by changes in legislation or by other circumstances, including the cessation or reduction of the budget or other changes in Addaction service priorities that require either reduction in funding or discontinuation of funding. Addaction also has the option to terminate funding should the Pharmacy enter into receivership or become insolvent.
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Payments and Default. See in Service Specification below. Payment will be made monthly in arrears by We Are With You upon receipt of an invoice from the Pharmacy that arrives no later than the 5th day after the end of the month. Payments will only be made where We Are With You is satisfied that the Service has been provided in accordance with the terms of this Agreement and will make best endeavours to pay within 30 days of receipt of the Pharmacy’s invoice. We Are With You shall be entitled to suspend payment and/or vary the amount of the payment if it considers the Pharmacy has committed a serious breach of the Agreement and shall forthwith notify the Pharmacy in writing accordingly. Following the exercise of rights in clause 7.2 above, We Are With You shall immediately investigate the grounds for suspension or variation and report to the Pharmacy every 30 days until such investigation is complete. When the investigation is complete, We Are With You shall immediately notify the Pharmacy of the outcome and, where appropriate, within 30 days pay any sums to the Pharmacy that were suspended or varied. Without prejudice, if the Pharmacy fails to comply with the provisions of this Agreement We Are With You may serve a default notice stating the action required to remedy the default within a period of time (to be specified by We Are With You) in which to take the action. If the Pharmacy remains in default following the expiry of the period specified We Are With You may proceed to terminate the Agreement. The Service and payment may be varied or discontinued if: The Pharmacy and We Are With You agree, or A change in We Are With You service priorities is required either by changes in legislation or by other circumstances, including the cessation or reduction of the budget or other changes in We Are With You service priorities that require either reduction in funding or discontinuation of funding. We Are With You also has the option to terminate funding should the Pharmacy enter into receivership or become insolvent.
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Payments and Default a. Modes of Payment Any payments by the Parties under or in connection with this Agreement shall be made in Euros and shall be made by irrevocable wire transfer of immediately available funds, free and clear of any costs, fees, taxes and other charges (other than costs, fees, taxes or other charges of the recipient’s bank). Any such payment shall be deemed to be made only upon the irrevocable and unconditional crediting of the amount payable (without deduction of any costs, fees, taxes or other charges other than those of the recipient’s bank) to the relevant bank account of the respective Party.
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Payments and Default 
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Related to Payments and Default

  • Termination and Default Either party, upon determination that the other party has failed or refused to perform or is otherwise in breach of any obligation or provision under this Agreement or the Contract Document, may give written notice of default to the defaulting party in the manner specified for the giving of notices herein. Termination of this Agreement by either party for any reason shall have no effect upon the rights or duties accruing to the parties prior to termination.

  • Answer and Default An answer and any counterclaims to the Arbitration Notice shall be required to be delivered to the party initiating the Arbitration within twenty (20) calendar days after the Arbitration Commencement Date. If an answer is not delivered by the required deadline, the arbitrator must provide written notice to the defaulting party stating that the arbitrator will enter a default award against such party if such party does not file an answer within five (5) calendar days of receipt of such notice. If an answer is not filed within the five (5) day extension period, the arbitrator must render a default award, consistent with the relief requested in the Arbitration Notice, against a party that fails to submit an answer within such time period.

  • Absence of Violations and Defaults Neither the Company nor any of the Subsidiaries is (A) in violation of its charter, bylaws or similar organizational document, each as amended or supplemented from time to time, (B) in default under any contract, indenture, mortgage, deed of trust, loan or credit agreement, note, lease or other agreement or instrument to which the Company or any of the Subsidiaries is a party or by which it or any of them may be bound or to which any of the properties or assets of the Company or any of the Subsidiaries is subject (collectively, “Agreements and Instruments”), except for such defaults that would not reasonably be expected, singly or in the aggregate, to result in a Material Adverse Effect, or (C) in violation of any law, statute, rule, regulation, judgment, order, writ or decree of any arbitrator, court, governmental body, regulatory body, administrative agency or other authority, body or agency having jurisdiction over the Company or any of the Subsidiaries or any of their respective properties, assets or operations (each, a “Governmental Entity”), except for such violations that would not reasonably be expected, singly or in the aggregate, to result in a Material Adverse Effect.

  • Interest and Default Rate (a) Subject to the provisions of subsection (b) below, (i) each Eurocurrency Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Eurocurrency Rate for such Interest Period plus the Applicable Rate and (ii) each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate.

  • Duration Termination and Default Section VIII. Duration, Termination, and Default subsection A. Duration 1. is hereby deleted in its entirety and replaced with the paragraph below “This Agreement begins on the Effective Date and continues until February 23, 2021, unless sooner terminated or extended in accordance with the terms of this Agreement. This Agreement will automatically renew for an additional three (3) year term unless, no later than July 23, 2020, one Party gives the other Party written notice of non-renewal. The initial term and any renewal term of this Agreement are referred collectively as the “Term”.”

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