Payments to Suppliers Sample Clauses

Payments to Suppliers. Distributor shall promptly pay Suppliers for Products pursuant to the payment terms set forth in the applicable SBRA as communicated to Distributor by UFPC or such other prompt payment term expressly agreed upon by Distributor and the Supplier. Distributor will be entitled to retain prompt pay discounts earned on commercially customary and reasonable prompt payment terms (“Prompt Pay Terms”). During the Term of this Agreement, UFPC shall use its commercially reasonable efforts to work with Suppliers to maintain Supplier’s Prompt Pay Terms with Distributor in effect as of the Effective Date. *. Distributor shall also pay the applicable Supplier invoice in full without any unauthorized deduction or set off.
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Payments to Suppliers. All payments made by the Borrower to its suppliers in respect of outstanding Letters of Credit or letters of credit issued under Facility B shall be made through a Letter of Credit Issuer to facilitate reduction and cancellation of the same; provided, however, that a payment may be made by the letter of credit issuer under Facility B or the Borrower's primary cash management bank in respect of a letter of credit issued under Facility B only to the extent that the reduction clause thereof allows for a reduction if payment is made outside such letter of credit by either such Person.
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Payments to Suppliers. For all Supply Agreements that are held by DE Carolinas, whether by virtue of an assignment or otherwise, DE Carolinas will be responsible to pay the applicable third-party supplier for such Other Consumables (including, without limitation, all fuel surcharges, or other related costs and expenses) when due in accordance with the terms and conditions of the applicable Supply Agreement(s). For all Supply Agreements, if any, that are held by DE Progress, whether by virtue of an assignment or otherwise, DE Progress will be responsible to pay the applicable third-party supplier for such Other Consumables (including, without limitation, all fuel surcharges, or other related costs and expenses) when due in accordance with the terms and conditions of the applicable Supply Agreement(s).
Sample 1
Payments to Suppliers. For all Supply Agreements that are held by DE Carolinas, whether by virtue of an assignment or otherwise, DE Carolinas will be responsible to pay the applicable third-party supplier for such Fuel (including, without limitation, all premiums and penalties relating to quality, fuel surcharges, or other related costs and expenses) when due in accordance with the terms and conditions of the applicable Supply Agreement(s). For all Supply Agreements, if any, that are held by DE Progress, whether by virtue of an assignment or otherwise, DE Progress will be responsible to pay the applicable third-party supplier for such Fuel (including, without limitation, all premiums and penalties relating to quality, fuel surcharges, or other related costs and expenses) when due in accordance with the terms and conditions of the applicable Supply Agreement(s).
Sample 1
Payments to Suppliers. For all Vendor Agreements or Use Agreements that are ELECTRONICALLY FILED - 2022 March 11 3:45 PM - SCPSC - ND ND-2022-10-E - Page 24 of 59 held by DE Carolinas, whether by virtue of an assignment or otherwise, DE Carolinas will be responsible to pay the applicable third-party vendor or supplier for such Equipment (including, without limitation, all related costs and expenses) when due in accordance with the terms and conditions of the applicable Vendor Agreements or Use Agreements. For all Vendor Agreements or Use Agreements, if any, that are held by DE Progress, whether by virtue of an Attachment 1 assignment or otherwise, DE Progress will be responsible to pay the applicable third-party vendor or supplier for such Equipment (including, without limitation, all related costs and expenses) when due in accordance with the terms and conditions of the applicable Vendor Agreements or Use Agreement.
Sample 1
Payments to Suppliers. No payment owing to any party from whom the Borrower and/or the Guarantor purchases farm products is more than fifteen (15) days past due. (p) Section 10.2(c) of the Loan Agreement is amended to read in its entirety as follows:
Sample 1
Payments to Suppliers. 122. Atis Group’s continuous operations are highly dependent on suppliers on a number of regional suppliers with who it maintains close business relationships and who are themselves highly dependent on continuous payment from Atis Group. As of the date hereof, some of these suppliers have not been paid for services actually supplied to Atis Group prior to the initiation of the CCAA proceedings.
Sample 1
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Related to Payments to Suppliers

  • Payments to Subcontractors Develop and implement a procedure for the review, processing and payment of applications by subcontractors for progress and final payments.

  • PAYMENT TO SUB-CONTRACTORS 12.1 Transnet reserves the right, in its sole discretion, to make payment directly to the sub-contractor of the Supplier/Service Provider, subject to the following conditions: a) Receipt of an undisputed invoice from the sub-contractor; and b) Receipt of written confirmation from the Supplier/Service Provider that the amounts claimed by the sub-contractor are correct and that the services for which the sub- contractor has requested payment were rendered to the satisfaction of the Supplier/Service Provider, against the required standards. 12.2 Nothing contained in this clause must be interpreted as bestowing on any sub-contractor a right or legitimate expectation to be paid directly by Transnet. Furthermore, this clause does not bestow any right or legitimate expectation on the Supplier/Service provider to demand that Transnet pay its sub-contractor directly. The decision to pay any sub-contractor directly, remains that of Transnet alone.

  • Payments and Royalties 3.1 As an initial non-refundable payment for the licenses and rights herein granted to SHENZHEN HIGH POWER under this Agreement, SHENZHEN HIGH POWER shall pay to OBC the up-front fees, without subtraction or deduction of Chinese withholding taxes, if any, pursuant to the schedule set forth in Appendix II attached hereto. 3.2 In addition to the lump sum payment under Article 3.1 above, SHENZHEN HIGH POWER shall pay to OBC non-refundable running royalties, also pursuant to the schedule set forth in Appendix II hereto, of the Net Selling Price of the Licensed Consumer Hydride Batteries sold or Otherwise Disposed Of by SHENZHEN HIGH POWER and its Affiliates (either directly or through sales representatives or agents) in any country of the world during the period commencing on the Effective Date of this Agreement and ending upon the expiration of the last to expire of the Licensed Patents. 3.3 Notwithstanding that a Licensed Consumer Hydride Battery may be covered by (i) the claims of one or more of the Licensed Patents or (ii) the claims of one or more of the Licensed Patents in one or more countries throughout the world, SHENZHEN HIGH POWER, in connection with the manufacture or sale of the Licensed Consumer Hydride Batteries by SHENZHEN HIGH POWER, its successors or assigns shall be obliged to pay a single royalty hereunder and only on the first sale of such Licensed Consumer Hydride Batteries and not on any subsequent sale or resale thereof and all end-users, distributors, customers, dealers, or suppliers of SHENZHEN HIGH POWER, its successors or assigns of such Licensed Consumer Hydride Batteries shall be licensed to use and/or sell the same. 3.4 All statements submitted and all payments made pursuant to Article 3.1 and Article 3.2 herein shall be stated and made in U.S. legal tender at the selling rate of authorized foreign exchange bankers in various individual countries under the license for transfers to New York in U.S. dollars on the date on which payments are made as required hereunder.

  • 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 Third Parties Xxxxxxx agrees that Grantor shall have no liability to Grantee 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 when 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 the Distributor In consideration of the payments made by the Fund to the Distributor under this Plan, the Distributor shall provide administrative support services and distribution assistance services to the Fund. Such services include distribution assistance and administrative support services rendered in connection with Shares (1) sold in purchase transactions, (2) issued in exchange for shares of another investment company for which the Distributor serves as distributor or sub-distributor, or (3) issued pursuant to a plan of reorganization to which the Fund is a party. If the Board believes that the Distributor may not be rendering appropriate distribution assistance or administrative support services in connection with the sale of Shares, then the Distributor, at the request of the Board, shall provide the Board with a written report or other information to verify that the Distributor is providing appropriate services in this regard. For such services, the Fund will make the following payments to the Distributor:

  • PAYMENTS TO PURCHASER 52 ARTICLE VI....................................................................54

  • Payment to Subcontractors (If applicable) As required by Minnesota Statute § 16A.1245, the prime Contractor must pay all subContractors, less any retainage, within 10 calendar days of the prime Contractor’s receipt of payment from the State for undisputed services provided by the subContractor(s) and must pay interest at the rate of one and one-half percent per month or any part of a month to the subContractor(s) on any undisputed amount not paid on time to the subContractor(s).

  • Payments to Specified Employees Notwithstanding any other Section of this Agreement, if the Employee is a Specified Employee at the time of the Employee’s Separation from Service, payments or distribution of property to the Employee provided under this Agreement, to the extent considered amounts deferred under a non-qualified deferred compensation plan (as defined in Code Section 409A) shall be deferred until the six (6) month anniversary of such Separation from Service to the extent required in order to comply with Code Section 409A and Treasury Regulation 1.409A-3(i)(2).

  • 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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