Payments and Obligations. All payments and obligations which come due shall be and remain due, and the existence of a dispute shall not suspend any duties under this License Agreement.
Payments and Obligations. 5.1 The account holder can view his transaction history through the online banking services provided by the bank. If there is any objection to any transaction, the account holder must notify the bank within 30 days from the date of the account statement. The bank shall charge a fee for each claim submitted by the customer to the bank objecting any transaction if it is proved to the bank that the objection is not valid.
5.2 The account holder will be responsible for all obligations when dealing online with the card, and the bank will not guarantee the legality or fact of the existence of the online store used through on line network.
5.3 Account Holder’s funds will be accessible to all Supplementary Cardholders. The Primary Account Holder may set limits on the Supplementary Cardholder’s usage of the available funds at any time and at the Bank’s discretion and within the allowed limits approved by the bank, based on the total available funds at any one time on the primary account
5.4 If it is proven that the card holder and/or the account holder is engaged in any fraudulent behaviors relating to the disputed transactions, and if the card holder refuses to provide relevant necessary materials and documents for the investigation of the disputed transaction, the bank shall have no liability for the disputed transactions, as the bank deems necessary for this, the bank will not assume any responsibility for the disputed transactions, and the bank shall have the right to claim from the account holder any sums, losses or expenses incurred by the bank to verify or attempt to verify the validity of any disputed transactions.
Payments and Obligations. The Borrowers shall make all payments of principal, interest and other charges as and when due under the Debentures, shall timely make all payments of any other monetary Obligations, shall perform or comply with, as the case may be, all of the other Obligations, and shall perform and comply in all respects with all applicable terms, conditions and covenants of all this Agreement and the other Investment Documents.
Payments and Obligations. If monies are received by any party hereto which, under the terms of this Article XI, belong to another party, the same shall immediately be paid over to the proper party. If an invoice or other evidence of an obligation is received which under the terms of this Article XI is partially the obligation of Seller and partially the obligation of the Company, then the parties shall consult each other and each shall promptly pay its portion of such obligation to the obligee.
Payments and Obligations. Each Party commits to remit payment resulting from obligations to members or providers within the payment terms and conditions agreed to in the relevant written agreement or contract. Where such an agreement or contract does not specify payment terms and conditions, Parties agree to remit payment based on the lesser of the payment term included on the payment request or their state’s standard business processes. Parties agree to submit fair, equitable and substantiated reimbursement and payment requests to other members for costs related to products, services, or other resources incurred or provided by themselves for the benefit of other members. Parties accept that a written agreement must exist between members before any request for reimbursement or payment can be requested or occur. Each Party agrees to maintain a ledger with an accompanying aging maintained at the transaction level which tracks the payment and remittance performance of all transactions between the Party and each member and provider and further agrees to provide a copy to the FEB and PMO at least monthly. As a result, each Party recognizes that delays in payments or non-payment on the part of the member will have an adverse impact on other members and providers and their ability to continue providing the products, services, or resources they provide to the Consortium and, therefore, agrees that as a consequence, they may be considered in breach and subject to Withdrawal or Removal per Section 7.4, or may have services withheld by providers and may be responsible to both the providers and other members for any associated costs related to services rendered as outlined in the project contract/agreement terms or invoice. Parties agree that all outstanding liabilities attributable to their participation in the Consortium at the time of their withdrawal or removal from the Consortium will be their responsibility and not that of other Consortium members. Such outstanding liabilities would be determined as a result of a financial reconciliation prepared jointly by the PMO and FEB and provided to the CEC for their review and approval.
Payments and Obligations. Any payment by a Marathon Indemnified Person or an Ashland Indemnified Person as guarantor or obligor pursuant to the terms of any Guarantee or other obligation specified in Section 7.1 and Section 7.2, any payment by USX as guarantor or obligor pursuant to the terms of any Guarantee or other obligation specified in Section 3.5 of the Parent Agreement or any payment by Marathon or Ashland (i) pursuant to the terms of any Guarantee or other obligation entered into between the date hereof and Closing with the consent of the other party hereto, (ii) pursuant to the terms of any Contract that is included in the Marathon Transferred Assets or the Ashland Transferred Assets under which Marathon, a Marathon Transferring Entity, Ashland or an Ashland Transferring Entity, as the case may be, remains liable, in each case, to the extent such payment obligation arises from the conduct of the Company’s Business after the Closing, or (iii) pursuant to the terms of any new contract or any amendment of an existing contract that relates to the Marathon Transferred Assets or the Ashland Transferred Assets under which Marathon, a Marathon Transferring Entity, Ashland or an Ashland Transferring entity becomes or remains liable, in each case, to the extent such payment obligation arises from the conduct of the Company’s Business after the Closing and including all Losses incurred by Marathon, USX or Ashland in connection with any Third Party Claims relating to such Guarantees and other obligations.”
8. Section 9.8 (j) of the Agreement is amended to read as follows:
Payments and Obligations. Payments hereunder shall be made addressed to the recipient at the addresses of the recipient parties provided on the first page of this Agreement or such other address or individual as may be designated by notice by the recipient party in accordance with section 7.
1. If any payment or other obligation herein becomes due on a day that is not a Business Day, such payment or obligation shall be made or satisfied on the next succeeding Business Day.
Payments and Obligations. In order to maintain the Option in good standing and to earn the interest in the Underlying Agreements, Property, and herein provided, the Optionee must duly complete the following:
(a) the Optionee must pay to CSCUSA an aggregate of $4,500,000 on the following schedule (collectively, the “ Payments”):
(i) $100,000 on signing of this Agreement;
(ii) $150,000 on or before the date that is 3 business days following receipt by the Optionee of final Exchange approval to this Agreement (the “Second Payment”);
(iii) $500,000 on or before December 30, 2012 or, if final Exchange approval to this Agreement has not been obtained by the Optionors by such date, then on the date that is 3 business days following receipt by the Optionee of final Exchange approval to this Agreement;
(iv) $937,500 on or before June 30, 2013;
(v) $937,500 on or before December 30, 2013;
(vi) $937,500 on or before June 30, 2014; and
(vii) $937,500 on or before December 30, 2014;
(b) In its sole discretion, Optionee may prepay any of the Payments set forth in paragraph 3.2(a) above.
(c) until all Payments are made and the Option is exercised in accordance with the terms and conditions contained herein, the Optionee must pay to CSCUSA (collectively, the “Obligations ”) the following amounts, which Obligations are exclusive of Payments and will not be credited as Payments hereunder:
(i) all mining claim maintenance, rental fees, property and other taxes, and other payments that would be otherwise due to the appropriate government agency or agencies including without limitation the United States Bureau of Land Management and Xxxxxx County, New Mexico in order to keep the Property or the Water Rights and Appurtenances in good standing. No later than 60 days before any such payment is due, CSCUSA shall give the Optionee written notice of the nature and amount of such payment. No later than 45 days before the due date of any payment for which CSCUSA has given the Optionee such notice, the Optionee shall make such payment to CSCUSA. CSCUSA will forward such payments to the appropriate government agency or agencies promptly upon receipt thereof and promptly upon payment furnish the Optionee with a copy of the official receipt for the payment; and
(ii) all amounts of money that would be otherwise due and payable to the other party or parties to the Underlying Agreements in order to keep such agreements in good standing, including without limitation lease and rent payments, taxes, royalty and advance ...
Payments and Obligations. 65 8.5. Insurance............................................................66 8.6. True Books...........................................................66
Payments and Obligations. Pay and discharge as the same shall become due and payable, all its obligations and liabilities, except where failure to so pay and discharge any of the foregoing could not reasonably be expected to have a Material Adverse Effect, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the relevant Credit Party; (b) all lawful claims which, if unpaid, would by law become a Lien upon its property, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the relevant Credit Party; and (c) all Indebtedness, as and when due and payable, but subject to any subordination provisions contained in any instrument or agreement evidencing such Indebtedness.
