Payments of charges Sample Clauses

Payments of charges. Nothing in this clause 24 will operate to limit the liability of either party to pay all charges and other sums due under this Agreement, or in accordance with any requirements set under Part 4 of the Commerce Act 1986.
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Payments of charges. Grantor shall pay when due all taxes, assessments and other charges which may be levied or assessed against the Collateral.
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Payments of charges. Borrower shall pay when due all taxes, assessments and other charges which may be levied or assessed against the Collateral.
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Payments of charges. Nothing in this clause 26 will operate to limit the liability of either party to pay all charges and other sums due under this agreement. Direct damage: Except in respect of liability under clauses 21.6(c) ,22, 26.8, 26.12 and 26.13, each party (and its officers, employees and agents) will be liable under or in connection with this agreement (whether in contract, tort (including negligence) or otherwise) to the other party for only direct damage to the physical property of any person ("Direct Damage") that results from a breach of this agreement, negligence, or failure to exercise Good Electricity Industry Practice. Consequential loss excluded: Except in respect of liability under clauses 21.6(c), 22, 26.8, 26.12 and 26.13, neither party (nor any of their respective officers, employees or agents) will be liable under or in connection with this agreement (whether in contract, tort (including negligence) or otherwise) to the other party for: any loss of profit, loss of revenue, loss of use, loss of opportunity, loss of contract, or loss of goodwill of any person; any indirect or consequential loss (including, but not limited to, incidental or special damages); any loss resulting from liability of a party to another person (except any liability for Direct Damage that arises under clause 26.2); or any loss resulting from loss or corruption of, or damage to, any electronically-stored or electronically-transmitted data or software. Distributor not liable: Except as provided in clause 26.8, the Distributor will not be liable for: any momentary fluctuations in the voltage or frequency of electricity conveyed or nonconformity with harmonic voltage and current levels; or any failure to convey electricity to the extent that: such failure arises from any act or omission of any Consumer or other person excluding the Distributor and its officers, employees or agents; such failure arises from: a failure to convey or reduction of injection or supply of electricity into the Network; or an interruption in the conveyance of electricity in the Network, if the failure or interruption was requested by the System Operator or was done under a nationally or regionally coordinated response to a shortage of electricity; such failure arises from any defect or abnormal conditions in or about any Consumer’s Premises; the Distributor was taking any action in accordance with this agreement including clause 5.4; such failure arises from any act or omission of the System Operator, a Genera...
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Payments of charges. Nothing in this Clause 27 will operate to limit the liability of either Party to pay all Charges and other sums due under this Agreement.
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Payments of charges. (a) The Concessionaire shall pay to the Concessioning Authority following Charges per month :
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Payments of charges. Nothing in this clause 26 will operate to limit the liability of either party to pay all charges and other sums due under this agreement. Direct damage: Except in relation to liability under clauses 20.4(e)(iii), 20.6(b)(iii), 21.3, 22 (except where clause 22.5(b) applies), 26.10, 26.14, 26.15(b), 26.16(b), 27.3 and 29.3, each party (and its officers, employees and agents) will be liable under or in connection with this agreement (whether in contract, tort (including negligence) or otherwise) to the other party only for direct damage to the physical property of any person ("Direct Damage") that results from a breach of this agreement.
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Payments of charges. Nothing in this clause 24 will operate to limit the liability of either party to pay all charges and other sums due under this Agreement, or in accordance with any requirements set under Part 4 of the Commerce Act 1986. Direct physical damage: Except in respect of liability under clauses 14.4, 14.5, 15.3, 20, 24.9, 25, and 27, each party (and its officers, employees, and agents) will be liable under or in connection with this Agreement (whether in contract, tort (including negligence), or otherwise) to the other party for only direct damage to the physical property of any person ("Direct Physical Damage") that results from a breach of this Agreement, negligence, or failure to exercise Good Gas Industry Practice. Consequential loss excluded: Except in respect of liability under clauses 14.4, 14.5, 15.3, 20, 24.9, 25, and 27, neither party (nor any of their respective officers, employees, or agents) will be liable under or in connection with this Agreement (whether in contract, tort (including negligence), or otherwise) to the other party for:
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Related to Payments of charges

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

  • Allocation of Charges There is not any agreement or understanding between the Servicer and the Borrower (other than as expressly set forth herein or as consented to by the Administrative Agent), providing for the allocation or sharing of obligations to make payments or otherwise in respect of any taxes, fees, assessments or other governmental charges; provided that it is understood and acknowledged that the Borrower will be consolidated with the Servicer for tax purposes.

  • Payments and Collections All funds received by the Agent in respect of any payments made by any Borrower on the Term Notes shall be distributed promptly on the date of receipt thereof by the Agent among the Banks, in like currency and funds as received, ratably according to each Bank’s Term Loan Percentage. All funds received by the Agent in respect of any payments made by any Borrower on the Revolving Notes, Revolving Commitment Fees or Letter of Credit Fees shall be distributed promptly on the date of receipt thereof by the Agent among the Banks, in like currency and funds as received, ratably according to each Bank’s Revolving Percentage. After any Event of Default has occurred, all funds received by the Agent, whether as payments by the Borrowers or as realization on collateral or on any guaranties, shall (except as may otherwise be required by law) be distributed by the Agent in the following order: (a) first to the Agent or any Bank that has incurred unreimbursed costs of collection with respect to any Obligations hereunder, ratably to the Agent and each Bank in the proportion that the costs incurred by the Agent or such Bank bear to the total of all such costs incurred by the Agent and all Banks; (b) next to the Agent for the pro rata account of (i) the Banks (in accordance with their respective Total Percentages) for application on the Notes and (ii) the Rate Protection Providers (in accordance with their outstanding and owed Rate Protection Obligations) for application on the Rate Protection Agreements; (c) next to the Agent for the account of the Banks (in accordance with their respective Revolving Percentages) for any unpaid Revolving Commitment Fees or Letter of Credit Fees owing by the Borrowers hereunder; and (d) last to the Agent to be held in the Holding Account to cover any outstanding Letters of Credit.

  • Refunds and Remittances After the Closing, if Ashland or any of its affiliates receive any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates in accordance with the terms of this Agreement, Ashland promptly shall remit, or shall cause to be remitted, such amount to HoldCo. After the Closing, if HoldCo or any of its affiliates receive any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland or any of its affiliates in accordance with the terms of this Agreement, HoldCo promptly shall remit, or shall cause to be remitted, such amount to Ashland. After the Closing, if HoldCo or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance or other matters for which Ashland or any of its affiliates is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates in accordance with the terms of this Agreement, HoldCo promptly shall remit, or cause to be remitted, such amount to Ashland. After the Closing, if Ashland or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance or other matters for which HoldCo or any of its affiliates is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates in accordance with the terms of this Agreement, Ashland promptly shall remit, or cause to be remitted, such amount to HoldCo.

  • Loan Payments (a) The Loan shall bear interest at a fixed rate per annum equal to the Note Rate. Interest shall be computed based on the daily rate produced assuming a three hundred sixty (360) day year, multiplied by the actual number of days elapsed. Except as otherwise set forth in this Agreement, interest shall be paid in arrears.

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