Payments to Other Parties Sample Clauses

Payments to Other Parties. The Funds hereby authorize the Distributor to enter into agreements with broker-dealers to provide compensation to such broker-dealers for activities and services of the type referred to in Section 1 hereof. The Distributor may reallocate all or a portion of its distribution and servicing fee for distribution activities to such broker-dealers as compensation for the above-mentioned activities and services. Such agreements shall provide that the broker-dealers deliver to the Distributor such information as is reasonably necessary to permit the Distributor to comply with the reporting requirements set forth in Section 5 hereof.
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Payments to Other Parties. Franchisee agrees to pay on a timely basis, as and when due: (a) applicable commissions to travel agents and third party reservation service charges and otherwise participate in any Hotel System travel agent commission payment program, as Hyatt periodically modifies it; (b) all commissions and fees for reservations Franchisee accepts through any sources (including the Internet), whether processed through Hyatt, the CRS, or any Provider’s reservation system or billed directly to Franchisee; (c) all contributions for cooperative advertising programs in which Franchisee agrees to participate, as required in Section 5.5; (d) charges for computer, telephone and other equipment related to the CRS; and (e) all fees and assessments due for guest frequency programs or other marketing programs Hyatt initiates that are attributable to the Hotel.
Sample 1
Payments to Other Parties. Except as expressly provided hereunder, all obligations of XXX under this Agreement will be performed by XXX at XXX'x sole cost and expense. If XXX fails to pay any sum of money owed to any party other than King County for 863 which XXX is liable hereunder, or if XXX fails to perform any other 864 act on its part to be performed hereunder, and such failure continues 865 for ten days (10) after notice thereof by King County, King County 866 may, without waving or releasing XXX from its obligations, make any 867 such payment or perform any such other act to be made or performed 868 by XXX. Thereafter, on written demand by King County, XXX shall 869 promptly pay to King County an amount equal to all sums so paid by 870 King County, together with all necessary incidental costs incurred by 871 King County, plus interest on the sum total of such sums and costs. 872 For purposes of this Section 5.23.1.2, interest will be calculated at the 873 lesser of 1 percent per month or the maximum rate permissible by law, 874 beginning on the date that King County first makes a payment on 875 behalf of XXX. XXX understands, acknowledges, and agrees that King 876 County is under no obligation to make any payment on behalf of XXX. 877 878 5.23.2 DEFAULT. 879
Sample 1
Payments to Other Parties. Except as expressly provided hereunder, all obligations of RPF under this Agreement will be performed by RPF at RPF's sole cost and expense. If RPF fails to pay any sum of money owed to any party other than King County for which RPF is liable hereunder, or if RPF fails to perform any other act on its part to be performed hereunder, and such failure continues for ten days after notice thereof by King County, King County may, without waiving or releasing RPF from its obligations, make any such payment or perform any such other act to be made or performed by RPF. Thereafter, on written demand by King County, RPF shall promptly pay to King County an amount equal to all sums so paid by King County, together with all necessary incidental costs incurred by King County, plus interest on the sum total of such sums and costs. For purposes of this Section 5.23.
Sample 1

Related to Payments to Other Parties

  • Payments to Lenders If a Lender (a “Recovering Lender”) receives or recovers any amount from an Obligor other than in accordance with Clause 29 (Payment mechanics) and applies that amount to a payment due under the Finance Documents then:

  • 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 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 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 Originators With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by any Originator of any Receivable under the Receivables Sale Agreement is or may be voidable under any section of the Federal Bankruptcy Code.

  • Payments to Third Parties Grantee agrees to hold harmless Grantor when Grantor acts in good faith to redirect all or a portion of any Grantee payment to a third party. Grantor will be deemed to have acted in good faith if it is in possession of information that indicates Grantee authorized Grantor to intercept or redirect payments to a third party or when so ordered by a court of competent jurisdiction.

  • Payments to Finance Parties If a Finance Party (a “Recovering Finance Party”) receives or recovers any amount from an Obligor other than in accordance with Clause 29 (Payment mechanics) and applies that amount to a payment due under the Finance Documents then:

  • 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.

  • Distribution of payments to Creditor Parties Subject to Clauses 16.5, 16.6 and 16.7:

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