PAYMENTS & TIMING: Sample Clauses

PAYMENTS & TIMING:. ❑ 1st month’s rental fees + all freight is due prior to rental agreement start date. ❑ Payment terms for each rental agreement is "Due upon receipt". ❑ Upon 30 days of no payment, Yamaha Golf Car will send a final demand letter via email & US Mail. ❑ On the 61st day of non-payment, YGC will coordinate the pickup of cars and the account will be sent to collections. ❑ Email: xxx_xxxxxxx_xxxxxxxxxx@xxxxxx-xxxxx.xxx.xxx for information on your outstanding balance.
Sample 1
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PAYMENTS & TIMING:. 2.1.1. Company or Cool Holdings shall pay Torque an aggregate amount of USD $2,550,000 in cash or shares of Cool Common Stock for the duration of the Term for the marketing/sponsorship programme in accordance with the following schedule: • within 60 days of signing this Agreement (the “Initial Payment Date”), Company or Cool Holdings shall pay, in the Company’s sole discretion subject to Section 5.5 hereto, USD $150,000 cash or the issuance of unregistered shares of Cool Common Stock with an equivalent aggregate FMV of USD $150,000 (rounded down to the nearest whole share) (such $150,000 payment, the “Initial Payment”); and • Idea & Cars agrees to purchase and shall purchase up to and at least a minimum of USD $600,000.00 of Apple product in the aggregate at wholesale price (determined by the Company) from the Company in the amounts for each of calendar years 2019, 2020, 2021 and 2022 as set forth below (such minimum amount in each such calendar year, the “Minimum Purchase Obligation”). Calendar Year 2020 • Company or Cool Holdings shall pay an aggregate amount of USD $600,000 cash or the issuance of unregistered shares of Cool Common Stock with an equivalent aggregate FMV of USD $600,000 (rounded down to the nearest whole share), in either case in four (4) equal quarterly instalments of US $150,000 each; and • Idea & Cars agrees to purchase and shall purchase at least USD $150,000.00 of Apple product at wholesale price from Simply Mac in 2020 less the amount of any product purchased in 2019. Calendar Year 2021 • Company or Cool Holdings shall pay USD $800,000 cash or the issuance of unregistered shares of Cool Common Stock with an equivalent aggregate FMV of USD $800,000 (rounded down to the nearest whole share), in either case in four (4) equal quarterly instalments of US $200,000 each; and • Ideas & Cars agrees to purchase and shall purchase up to USD $200,000.00 of Apple product at wholesale price from Simply Mac in 2021. Calendar Year 2022 • Company or Cool Holdings shall pay USD $1,000,000 cash or the issuance of unregistered shares of Cool Common Stock with an equivalent aggregate FMV of USD $1,000,000 (rounded down to the nearest whole share), in either case in four (4) equal quarterly instalments of US $250,000 each; and • Ideas & Cars agrees to purchase and shall purchase up to USD $250,000.00 of Apple product at wholesale price from Simply Mac in 2022. Each quarterly payment provided for above in this Section 2.1.1 shall accrue on the 1st day of...
Sample 1
PAYMENTS & TIMING:. Any amounts payable under Section 1.5 shall be paid by wire transfer of immediately available funds within five (5) Business Days after the date on which the Closing Statement is finally determined pursuant to this Section 1.5.
Sample 1
PAYMENTS & TIMING:. In subsequent years, the Board of Directors may permit the Annual Payments to be made on a monthly or quarterly basis.
Sample 1

Related to PAYMENTS & TIMING:

  • Payments to Xxxxxx In connection with the distribution of shares of the Fund, Xxxxxx will be entitled to receive: (a) payments pursuant to any Distribution Plan and Agreement from time to time in effect between the Fund and Xxxxxx with respect to the Fund or any particular class of shares of the Fund, (b) any contingent deferred sales charges applicable to the redemption of shares of the Fund or of any particular class of shares of the Fund, determined in the manner set forth in the then current Prospectus and Statement of Additional Information of the Fund and (c) subject to the provisions of Section 3 below, any front-end sales charges applicable to the sale of shares of the Fund or of any particular class of shares of the Fund, less any applicable dealer discount.

  • PAYMENTS TO OWNER Section 4.01 Remittances...................................................29 Section 4.02 Statements to Owner...........................................29 Section 4.03 Monthly Advances by Servicer..................................30 Section 4.04 Due Dates Other Than the First of the Month...................30 ARTICLE V

  • Payments to the Owner Section 4.1

  • Payments to Seller With respect to each Pledged Timeshare Loan, the Borrower shall have (i) received such Pledged Timeshare Loan as a contribution to the capital of the Borrower by the Seller or (ii) purchased such Pledged Timeshare Loan from the Seller in exchange for payment (made by the Seller in accordance with the provisions of the Sale and Contribution Agreement) in an amount which constitutes fair consideration and reasonably equivalent value. No such sale shall have been made for or on account of an antecedent debt owed by the Seller to the Borrower and no such sale is or may be voidable or subject to avoidance under any section of the Bankruptcy Code.

  • Payments Etc (a) Except as otherwise specifically provided herein, all payments under this Agreement and the other Credit Documents shall be made without defense, set-off or counterclaim to the Administrative Agent not later than 1:00 PM (local time for the Administrative Agent) on the date when due and shall be made in Dollars in immediately available funds at its Payment Office.

  • Payments to Agent A payment by the Borrower to the Agent hereunder or any of the other Loan Documents for the account of any Bank shall constitute a payment to such Bank. The Agent agrees promptly to distribute to each Bank such Bank's pro rata share of payments received by the Agent for the account of the Banks except as otherwise expressly provided herein or in any of the other Loan Documents.

  • Payments to Collection Account On or before the applicable Cut-Off Date, the Servicer shall have instructed all Obligors to make all payments in respect of the Collateral Portfolio directly to the Collection Account; provided that the Servicer is not required to so instruct any Obligor which is solely a guarantor or other surety (or an Obligor that is not designated as the “lead borrower” or another such similar term) unless and until the Servicer calls on the related guaranty or secondary obligation.

  • Payments; Application of Payments (a) All payments (including prepayments) to be made by Borrower under any Loan Document shall be made in immediately available funds in U.S. Dollars, without setoff or counterclaim, before 12:00 p.m. Pacific time on the date when due. Payments of principal and/or interest received after 12:00 p.m. Pacific time are considered received at the opening of business on the next Business Day. When a payment is due on a day that is not a Business Day, the payment shall be due the next Business Day, and additional fees or interest, as applicable, shall continue to accrue until paid.

  • Payments to Company Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

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