Payments by Participant Sample Clauses

Payments by Participant i. Certain Program Guides may require payment of application and membership fees as stated in the Program Guide. In addition, certain benefits and services provided under any specific Ecosystem and Channels Program may require payment of additional fees as stated in the Program Guide. Participant agrees to pay such fees in accordance with the terms and conditions set forth in the Program Guide. If any new fees are introduced in the middle of a Program Year, Participant will not be obligated to pay such fees for the balance of that Program Year but will be obligated to pay such fees for the subsequent Program Year unless Participant elects not to renew the Agreement under the terms of Section 8. ii. Unless otherwise stated, all fees are due 30 days after invoice by GED and shall be paid without set-off or counterclaim, and all fees are non-refundable, non-cancellable. The fees due are exclusive of all taxes. iii. GE may charge Participant a one and one-half percent (1.5%) monthly interest charge to be calculated monthly with respect to all outstanding amounts not paid within thirty (30) days following the date they come due, but in no event will any interest charge exceed the maximum allowed by law.
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Payments by Participant. The Company will provide the Products to Participant during the Term specified in Section 8 (the “Term”) at no charge and therefore Participant does not contemplate any payments due under this Agreement.
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Payments by Participant. (a) On the Effective Date, the Participant hereby agrees to pay to the Seller the Purchase Price for each Participation. Payment by the Participant shall be made in accordance with Section 6.02. Upon receipt by the Seller of the full Purchase Price for each Participation, the Participations shall become effective. (b) Seller or its agent shall forward to Participant, as promptly as practicable (and in any event within one Business Day) after Seller or its agent receives the same from the applicable Obligor (or any administrative or paying agent or trustee therefor) each request for a borrowing in respect of a revolving loan obligation or delayed drawdown loan obligation under any of the Commitments; provided, however, that if any request for borrowing in respect of such Commitment states that such borrowing is to occur on the date of such notice, then Seller or its agent shall forward such request to Participant as early as practicable on the date on which such request is received. Upon receipt of a notice from Seller or its agent stating that a borrowing under such Commitment is to occur after the Effective Date, Participant shall, on behalf of Seller, pay to or for the account of the Obligor, in accordance with the Credit Documents an amount equal to the principal amount of each extension of credit required to be made by Seller in respect thereof. 3
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Payments by Participant. The Participant hereby agrees to pay to the Bank (without reduction for or on account of any set-off, counterclaim or other right against the Bank) $ (the "Purchase Price"), which is the fair value of the MHL Assets, such Purchase Price to be payable on May 12, 2000 (the "Effective Date"). Upon receipt by the Bank of such Purchase Price in full, the Participation shall become effective.
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Payments by Participant. The Participant hereby agrees to pay to the Bank (without reduction for or on account of any set-off, counterclaim or other right against the Bank) (the "Purchase Price"), which is the fair value of the HEL Assets, such Purchase Price to be payable on April 11, 2000 (the "Effective Date"). Upon receipt by the Bank of such Purchase Price in full, the Participation shall become effective.
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Payments by Participant i. Certain Program Guides may require payment of application and membership fees as stated in the Program Guide. In addition, certain benefits and services provided under any specific channels program may require payment of additional fees as stated in the Program Guide. Participant agrees to pay such fees in accordance with the terms and conditions set forth in the Program Guide. If any new fees are introduced in the middle of a Program Year, Participant will not be obligated to pay such fees for the balance of that Program Year but will be obligated to pay such fees for the subsequent Program Year unless Participant elects not to renew the Agreement under the terms of Section 8. ii. Unless otherwise stated, all fees are due 30 days after invoice by Company and shall be paid without set-off or counterclaim, and all fees are non-refundable, non-cancellable. The fees due are exclusive of all taxes. iii. Company may charge Participant a one and one-half percent (1.5%) monthly interest charge to be calculated monthly with respect to all outstanding amounts not paid within thirty (30) days following the date they come due, but in no event will any interest charge exceed the maximum allowed by law.
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Payments by Participant. 20 Section 4.4 ...Interest on Participations 20 Section 4.5 ...Undivided Interests Determined on Posting Dates 21
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Payments by Participant. (a) Provided that the Lender has met all the terms and conditions of this Participation Agreement, on each Posting Date the Participant shall cause to be transmitted to the Lender the Participant's payment for its Percentage Interest in the Advances in the amount set forth in the Notice of Initial Advance or Lender's Certification, as applicable. Such amount shall be transmitted by wire transfer in accordance with the instructions set forth on the signature page hereto, or according to such other instructions as shall have been designated by written notice from such Lender to the Participant given in accordance with Section 12.4, so that it will be transmitted by the Participant in federal or other immediately available funds by 12:00 noon (Minneapolis time) on such Posting Date. (b) Notwithstanding anything to the contrary herein contained, the Participant shall not be required to fund its Percentage Interest of any Advance if (i) an Event of Default has occurred and is continuing under the relevant Loan Documents and has not been waived in accordance with the terms of Section 5.2, (ii) any of the representations or warranties set forth in Section 8.3 with respect to the related Loan are false or incorrect as of the Posting Date and the Participant reasonably determines that such event has had or will have a Material Adverse Effect, (iii) if a Lender Default of the type referred to in Section 10.1(b) or 10.1(c) relating to such Loan has occurred and is continuing as of the Posting Date or (iv) if a Lender Default of the type referred to in Section 10.1(a), 10.1(d), 10.1(e), or 10.1(f) has occurred and is continuing as of the Posting Date.
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Payments by Participant i. Certain Program Plans may require payment of application and membership fees as stated in the Program Policies. In addition, certain benefits and services provided under the Alliance Program may require payment of additional fees, as stated in the Program Policies. Participant agrees to pay such fees in accordance with the terms and conditions set forth in the applicable Program Policies. ii. Unless otherwise stated, all fees are due 30 days after invoice by GE and shall be paid without set-off or counterclaim, and all fees are non-refundable, non- cancellable. iii. GE may charge Participant a one and one-half percent (1.5%) monthly interest charge to be calculated monthly with respect to all outstanding amounts not paid within thirty (30) days following the date they come due, but in no event will any finance charge exceed the maximum allowed by law. If an audit by GE reveals any underpayment of amounts due to GE hereunder, Participant shall immediately pay such amounts together with such interest charge.
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Related to Payments by Participant

  • Payments by Assignor Assignor agrees to pay the Agent on the Assignment Date the registration fee required by §18.2 of the Credit Agreement.

  • Payments by Wire-Transfer All payments under this Single Family Shared-Loss Agreement shall be made by wire-transfer in accordance with the wire-transfer instructions on Exhibit 4.

  • Annual Limitation of Payments by Applicant Section 5.1.

  • Payments by Borrower Except to the extent otherwise provided herein, all payments of principal, interest, Fees and other amounts to be made by the Borrower under this Agreement, the Notes or any other Loan Document shall be made in Dollars, in immediately available funds, without setoff, deduction or counterclaim (excluding Taxes required to be withheld pursuant to Section 3.10), to the Administrative Agent at the Principal Office, not later than 1:00 p.m. Central time on the date on which such payment shall become due (each such payment made after such time on such due date to be deemed to have been made on the next succeeding Business Day). Subject to Section 11.5, the Borrower shall, at the time of making each payment under this Agreement or any other Loan Document, specify to the Administrative Agent the amounts payable by the Borrower hereunder to which such payment is to be applied. Each payment received by the Administrative Agent for the account of a Lender under this Agreement or any Note shall be paid to such Lender by wire transfer of immediately available funds in accordance with the wiring instructions provided by such Lender to the Administrative Agent from time to time, for the account of such Lender at the applicable Lending Office of such Lender. Each payment received by the Administrative Agent for the account of the Issuing Bank under this Agreement shall be paid to the Issuing Bank by wire transfer of immediately available funds in accordance with the wiring instructions provided by the Issuing Bank to the Administrative Agent from time to time, for the account of the Issuing Bank. In the event the Administrative Agent fails to pay such amounts to such Lender or the Issuing Bank, as the case may be, within one (1) Business Day of receipt of such amounts, the Administrative Agent shall pay interest on such amount until paid at a rate per annum equal to the Federal Funds Rate from time to time in effect. If the due date of any payment under this Agreement or any other Loan Document would otherwise fall on a day which is not a Business Day such date shall be extended to the next succeeding Business Day and interest shall continue to accrue at the rate, if any, applicable to such payment for the period of such extension.

  • Late Payments by the Corporation The amount of all or any portion of any Exchange Payment not made to any Partner when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing from the date on which such Exchange Payment was due and payable.

  • Payments by the Borrower The Borrower shall make each payment required to be made by it hereunder (whether of principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under Section 5.01, Section 5.02, Section 5.03 or otherwise) prior to 12:00 noon, New York City time, on the date when due, in immediately available funds, without defense, deduction, recoupment, set-off or counterclaim. Fees, once paid, shall be fully earned and shall not be refundable under any circumstances. Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the next succeeding Business Day for purposes of calculating interest thereon. All such payments shall be made to the Administrative Agent at its offices specified in Section 12.01, except payments to be made directly to the Issuing Bank as expressly provided herein and except that payments pursuant to Section 5.01, Section 5.02, Section 5.03 and Section 12.03 shall be made directly to the Persons entitled thereto. The Administrative Agent shall distribute any such payments received by it for the account of any other Person to the appropriate recipient promptly following receipt thereof. If any payment hereunder shall be due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding Business Day, and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension. All payments hereunder shall be made in dollars.

  • Sharing of Payments by Xxxxxxx If any Lender of a Class shall, by exercising any right of set-off or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of its Loans, or participations in LC Disbursements or Swingline Loans, of such Class resulting in such Lender receiving payment of a greater proportion of the aggregate amount of its Loans, and participations in LC Disbursements and Swingline Loans, and accrued interest thereon of such Class then due than the proportion received by any other Lender of such Class, then the Lender receiving such greater proportion shall purchase (for cash at face value) participations in the Loans, and participations in LC Disbursements and Swingline Loans, of other Lenders of such Class to the extent necessary so that the benefit of all such payments shall be shared by the Lenders of such Class ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Loans, and participations in LC Disbursements and Swingline Loans of such Class; provided that (i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest, and (ii) the provisions of this paragraph shall not be construed to apply to any payment made by the Borrower pursuant to and in accordance with the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or participations in LC Disbursements to any assignee or participant, other than to the Borrower or any Subsidiary or Affiliate thereof (as to which the provisions of this paragraph shall apply). The Borrower consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrower rights of set-off and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the Borrower in the amount of such participation. For the avoidance of doubt, the Borrower may make a Borrowing under the Dollar Commitments or Multicurrency Commitments (if otherwise permitted hereunder) and may use the proceeds of such Borrowing (x) with Dollar Commitments to prepay the Multicurrency Loans (without making a ratable prepayment of the Dollar Loans) or (y) with Multicurrency Commitments to prepay the Dollar Loans (without making a ratable payment to the Multicurrency Loans).

  • Payments by the Borrowers The applicable Borrower shall make each payment required to be made by it hereunder (whether of principal, interest or fees, or under Section 2.12, 2.13 or 2.14, or otherwise) prior to 12:00 noon, New York City time, on the date when due, in immediately available funds, without set-off or counterclaim; provided that if a new Revolving Loan is to be made by any Revolving Lender on a date the applicable Borrower is to repay any principal of an outstanding Revolving Loan of such Lender in the same currency, such Lender shall apply the proceeds of such new Loan to the payment of the principal to be repaid and only an amount equal to the difference between the principal to be borrowed and the principal to be repaid shall be made available by such Revolving Lender to the Administrative Agent as provided in Section 2.04 or paid by such Borrower to the Administrative Agent pursuant to this paragraph, as the case may be. Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the next succeeding Business Day for purposes of calculating interest thereon. All such payments shall be made to the Administrative Agent as follows, except that payments pursuant to Sections 2.12, 2.13, 2.14 and 10.03 shall be made directly to the Persons entitled thereto in accordance with the appropriate payment instructions listed on Schedule IX. The Administrative Agent shall distribute any such payments received by it for account of any other Person to the appropriate recipient promptly following receipt thereof. If any payment hereunder shall be due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding Business Day and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension. All payments hereunder shall be made in Dollars or the applicable Multicurrency, as applicable.

  • Payments by the Company The Company shall use its best efforts to obtain effectiveness of the Registration Statement as soon as practicable. If (i) the Registration Statement(s) covering the Registrable Securities required to be filed by the Company pursuant to Section 2(a) hereof is not filed by the Filing Date or declared effective by the SEC on or prior to one hundred and twenty (120) days from the Filing Date, or (ii) after the Registration Statement has been declared effective by the SEC, sales of all of the Registrable Securities cannot be made pursuant to the Registration Statement, or (iii) the Common Stock is not listed or included for quotation on the Nasdaq National Market ("NASDAQ"), the Nasdaq SmallCap Market ("NASDAQ SMALLCAP"), the New York Stock Exchange (the "NYSE") or the American Stock Exchange (the "AMEX") after being so listed or included for quotation, or (iv) the Common Stock ceases to be traded on the Over-the-Counter Bulletin Board (the "OTCBB") or any equivalent replacement exchange prior to being listed or included for quotation on one of the aforementioned markets, then the Company will make payments to the Investors in such amounts and at such times as shall be determined pursuant to this Section 2(c) as partial relief for the damages to the Investors by reason of any such delay in or reduction of their ability to sell the Registrable Securities (which remedy shall not be exclusive of any other remedies available at law or in equity). The Company shall pay to each holder of the Notes or Registrable Securities an amount equal to the then outstanding principal amount of the Notes (and, in the case of holders of Registrable Securities, the principal amount of Notes from which such Registrable Securities were converted) ("OUTSTANDING PRINCIPAL AMOUNT"), multiplied by the Applicable Percentage (as defined below) times the sum of: (i) the number of months (prorated for partial months) after the Filing Date or the end of the aforementioned one hundred and twenty (120) day period and prior to the date the Registration Statement is declared effective by the SEC, provided, however, that there shall be excluded from such period any delays which are solely attributable to changes required by the Investors in the Registration Statement with respect to information relating to the Investors, including, without limitation, changes to the plan of distribution, or to the failure of the Investors to conduct their review of the Registration Statement pursuant to Section 3(h) below in a reasonably prompt manner; (ii) the number of months (prorated for partial months) that sales of all of the Registrable Securities cannot be made pursuant to the Registration Statement after the Registration Statement has been declared effective (including, without limitation, when sales cannot be made by reason of the Company's failure to properly supplement or amend the prospectus included therein in accordance with the terms of this Agreement, but excluding any days during an Allowed Delay (as defined in Section 3(f)); and (iii) the number of months (prorated for partial months) that the Common Stock is not listed or included for quotation on the OTCBB, Nasdaq, Nasdaq SmallCap, NYSE or AMEX or that trading thereon is halted after the Registration Statement has been declared effective. The term "APPLICABLE PERCENTAGE" means two hundredths (.02). (For example, if the Registration Statement becomes effective one (1) month after the end of such one hundred and twenty (120) day period, the Company would pay $5,000 for each $250,000 of Outstanding Principal Amount. If thereafter, sales could not be made pursuant to the Registration Statement for an additional period of one (1) month, the Company would pay an additional $5,000 for each $250,000 of Outstanding Principal Amount.) Such amounts shall be paid in cash or, at the Company's option, in shares of Common Stock priced at the Conversion Price (as defined in the Notes) on such payment date.

  • Payments by Borrowers (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 1:30 p.m. on the date specified herein. Any payment received by Agent later than 1:30 p.m. shall be deemed to have been received (unless Agent, in its sole discretion, elects to credit it on the date received) on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day. (ii) Unless Agent receives notice from Borrowers prior to the date on which any payment is due to the Lenders that Borrowers will not make such payment in full as and when required, Agent may assume that Borrowers have made (or will make) such payment in full to Agent on such date in immediately available funds and Agent may (but shall not be so required), in reliance upon such assumption, distribute to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent Borrowers do not make such payment in full to Agent on the date when due, each Lender severally shall repay to Agent on demand such amount distributed to such Lender, together with interest thereon at the Defaulting Lender Rate for each day from the date such amount is distributed to such Lender until the date repaid.

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