Payments; Statements. On each Payment Date, unless the Notes have been declared due and payable pursuant to Section 5.02 hereof and moneys collected by the Indenture Trustee are being applied in accordance with Section 5.07 hereof, Available Funds on deposit in the Payment Account on any Payment Date or Redemption Date shall be withdrawn from such Payment Account, in the amounts required (based on the Noteholder Statement prepared by the Servicer on or before such Payment Date), for application on such Payment Date in respect of payments for the Notes as follows:
(i) to the Indenture Trustee, an amount equal to the Indenture Trustee Fees then due to it;
(ii) from amounts then on deposit in the Payment Account, to the Note Insurer, the Premium Amount for such payment date;
(iii) from amounts then on deposit in the Payment Account, to the Holders of the Notes, the Class A Interest Payment Amount;
(iv) from amounts then on deposit in the Payment Account, to the Holders of the Notes, the Class A Principal Payment Amount;
(v) from amounts then on deposit in the Payment Account (excluding any Insured Payments), to the Note Insurer, all Reimbursement Amounts which have not been previously paid as of such Payment Date and any other amounts then due to the Note Insurer pursuant to the Insurance Agreement;
(vi) from amounts then on deposit in the Payment Account, to the Holders of the Notes, the amount of any Net Mortgage Loan Interest Shortfalls; and
(vii) following the making by the Indenture Trustee of all allocations, transfers and disbursements described above, from amounts then on deposit in the Payment Account, the Indenture Trustee shall distribute to the Holders of the Trust Certificates, the amount remaining on such Payment Date, if any.
Payments; Statements. 48 Section 8.03. Claims against the Note Insurance Policy...................................49 Section 8.04. General Provisions Regarding the Payment Accounts and Mortgage Loans.......51 Section 8.05. Releases of Deleted Mortgage Loans.........................................53 Section 8.06. Reports by Indenture Trustee to Noteholders; Access to Certain Information.53 Section 8.07. Release of Trust Estate....................................................54 Section 8.08. Amendment to Sale and Servicing Agreement..................................54 Section 8.09. Delivery of the Mortgage Files Pursuant to Sale and Servicing Agreement....54 Section 8.10. Master Servicer as Agent...................................................54 Section 8.11.
Payments; Statements. On each Payment Date, the Indenture Trustee shall effect the distributions described in Section 8.06 of the Sale and Servicing Agreement.
Payments; Statements. (a) Subject to the following provisions of this Subsection 6, Royalty Fees are due quarterly and are payable no later than the 60th day following the end of the quarter to which they relate.
(b) On or before the 30th day following the end of the calendar month containing the Royalty Commencement Date, Telerate shall pay to Omega an amount equal to one-twelfth of the First Year Minimum (or, if such month is a partial month, the pro-rated portion thereof). On or before the 30th day following the end of the next eleven (11) consecutive calendar months thereafter, Telerate shall pay to Omega an amount equal to one-twelfth of the First Year Minimum, and on or before the 30th day following the end of the month containing the First Anniversary (if by then the entire First Year Minimum has not been paid), Telerate shall pay to Omega for the portion of such month ending on the First Anniversary an amount equal to one-twelfth of the First Year Minimum (or, if such month is a partial month, the pro-rated portion thereof), so that, after all of such payments are made, Telerate has paid to Omega the entire First Year Minimum.
(c) On or before the 30th day following the end of the calendar month containing the First Anniversary, Telerate shall pay to Omega an amount equal to one-twelfth of the Second Year Minimum (or, if such month is a partial month, the pro-rated portion thereof). On or before the 30th day following the end of the next eleven (11) consecutive calendar months thereafter, Telerate shall pay to Omega an amount equal to one-twelfth of the Second Year Minimum, and on or before the 30th day following the end of the month containing the Second Anniversary (if by then the entire Second Year Minimum has not been paid), Telerate shall pay to Omega for the portion of such month ending on the Second Anniversary an amount equal to one-twelfth of the Second Year Minimum (or, if such month is a partial month, the pro-rated portion thereof) so that, after all of such payments are made, Telerate has paid to Omega the entire Second Year Minimum.
(d) On or before the 30th day following the end of the calendar month containing the Second Anniversary, Telerate shall pay to Omega an amount equal to one-twelfth of the Third Year Minimum (or, if such month is a partial month, the pro-rated portion thereof). On or before the 30th day following the end of the next eleven (11) consecutive calendar months thereafter, Telerate shall pay to Omega an amount equal to one-twelfth of ...
Payments; Statements. (a) On a calendar quarterly basis, within forty-five (45) days after the end of each Accounting Period, Syratech shall deliver to VEW the Royalty due VEW for such Accounting Period, together with a written statement which shall be certified as accurate by an authorized Syratech officer and shall set forth, in line itemized detail (by product category, style, retailer, country and/or other recognized geographical nation and/or group of nations), Net Wholesale Sales of the Licensed Property with respect to the relevant Accounting Period and on a year-to-date basis and all information relevant to the calculation thereof, including, without limitation, Syratech’s actual sales of the Licensed Property, the actual prices charged by Syratech for each unit thereof, actual returns of such units and the Royalty due VEW in respect of such sales, as well as such substantiating documentation as may be reasonably requested by VEW, in form and substance satisfactory to VEW. Such statements shall be furnished to VEW whether or not any Royalties are payable with respect to the relevant Accounting Period. In addition to the foregoing, Syratech shall provide VEW with monthly statements of Net Wholesale Sales of the Licensed Property not later than fifteen (15) days following the end of the month to which such statement relates.
(b) All payments hereunder shall be made in United States dollars. Payments based on Net Wholesale Sales of the Licensed Property denominated in a currency other than United States dollars shall be converted to United States dollars at the New York foreign exchange selling rate as published in the Wall Street Journal (or comparable source in the event the Wall Street Journal ceases to exist or fails to publish such exchange rate) on the last business day of each Accounting Period in which such Net Wholesale Sales occur.
(c) Interest at the rate of the overnight prime rate of Citibank in New York, New York, in effect on the date any payment is due hereunder plus three (3) percentage points, shall accrue from and after such date on any amount due but not paid to VEW until the date of actual payment by Syratech. Such interest shall be calculated daily at the aforesaid rate until payment is made by Syratech. The payment of such interest in accordance with the terms hereof is in addition to all other remedies available to VEW in the event of a default or termination.
(d) Syratech shall maintain complete and accurate records of sales and returns of the Lice...
Payments; Statements. Payments statements are issued to Reseller for each "commission period" (as stated in the Participation Terms running from the 16th of the first month to the 15th of the second month). Payments are made to Reseller on the 15th or the first Business Day thereafter of the next month (i.e., the 15th of the third month) from which a bill is issued. Commissions are paid net of taxes and other governmental imposts, refunds, cancellations, discounts, or charge-backs. Reseller has a ninety (90) day look-back period from the date of receipt of the Payments statement to review and dispute the Payments statement. Following this ninety (90) day period, Reseller waives any right or claim to dispute any of the items disclosed or which should have been disclosed on the Payments statement.
Payments; Statements. On the last day of each calendar month (or if the last day is a Saturday or Sunday or other holiday, on the first day of the next month) (each a "PAYMENT DATE"), Camdens shall calculate the total amount due to Merchant pursuant to Section 8.1 above. Such calculation shall be shown on a written statement (each, a "STATEMENT") which shall be sent to Merchant along with the payment. The Statement shall take into account all transactions through the last day of the month immediately preceding the month then ending (e.g., for Products ordered in October, payment to Merchant occurs on the last day of November). Each Statement will also include details of the total number of each Product sold and total number of each Product returned by Recipients or Customers during the month covered by such Statement.
Payments; Statements. Royalties shall accrue when any Licensed Products are invoiced or shipped, whichever is earlier. Royalties shall be paid by Hydrogel within thirty (30) days following the end of each month, beginning with the end of the first full month. Unless otherwise directed by Dicon, all payments of royalties shall be made to Dicon by wire transfer to an account designated by Dicon, without deduction for taxes, assessments, or other charges which may be imposed on Dicon by any governmental authority or any political subdivision thereof with respect to any amounts payable to Dicon pursuant to this Agreement, and without deduction for banking or wire transfer fees. With each payment of royalties, Hydrogel agrees to furnish to Dicon a written statement, showing, the stock number, item, units sold, description, quantity shipped, gross invoice, and reportable sales of Licensed Products sold by Hydrogel during such month, including customer names and the amount of royalties due for such period. For Direct Purchases by any HH Brown Parties, payment terms shall be net thirty (30) xxxx xxxm date of invoice. For any payments by any of the HH Brown Parties made within ten (10) days from date of invoice, a discount of two percent (2%) of the invoiced amount shall apply.
Payments; Statements. If your insurance requires a copayment/deductible you must make the payment at the time of the service. Failure to receive your statement does not relieve you of your financial obligation. It is your responsibility to notify us of any changes in your billing information. If payment of any services results in a credit balance, the credit balance will be first applied to any outstanding balance you have before being refunded to you. If your account has to be forwarded to a collection agency, a 25% collection fee will be added to your balance. If you have a collection agency balance you will be asked to pay the balance in full before your next appointment. Self-pay patients are required to pay their office visit charges in full. Please ask about our 6 month payment plan for surgery cost(s). Due to the size of our practice and to the length of specific appointments, we require a 24 hour notice for cancellations of surgery and cosmetic procedures. If we do not receive a 24 hour notice you will be charged a $100.00 no-show fee. All returned checks are subject to a $50.00 fee.
Payments; Statements. 48 Section 8.03. Reserved...........................................................................................48 Section 8.04. General Provisions Regarding the Payment Accounts and Mortgage Loans...............................48 Section 8.05. Releases of Deleted Mortgage Loans.................................................................49 Section 8.06. Reports by Indenture Trustee to Noteholders; Access to Certain Information.........................49 Section 8.07. Release of Trust Estate............................................................................49 Section 8.08. Amendment to Sale and Servicing Agreement..........................................................49 Section 8.09. Delivery of the Mortgage Files Pursuant to Sale and Servicing Agreement............................50 Section 8.10. Servicer as Agent..................................................................................50 Section 8.11.
