PROCEDURE OF PAYMENTS Sample Clauses

PROCEDURE OF PAYMENTS. 3.1. WEB reservation fee EUR 60 (or a special sum) per person is a deposit on booking for Private 5-15 Day Tours. EUR 60 (or a special sum) per person represents a non-refundable fee in case of cancellation (See Appendix 1, Paragraph 7 “Conditions of Cancellation). Deposit is due to be balanced (subtracted) from the total cost of a purchased product/s. 3.2. In case of last-minute Private 5-15 Day Tours booking is made less than 7 days prior to the beginning of the tour, full payment of a Tourist Product is required after reception of the Invoice. This does not apply to Non-cash payment by MasterCard/Visa card (see point 3. 3.3. The following forms of payment might be applied within the frames of the given Agreement: a) Non-cash transfer to the bank account of Tour Operator in USD/EUR/GBP. b) Non-cash payment by MasterCard/Visa card in Georgian Lari only (GEL). c) Cash payment – GEL only, directly to the nearest TBC Bank office or TBC Bank Cash terminal no later than beginning of the tour. 3.4. After acknowledgement of booking of a tourist product (products) ordered by a Tourist, Tour Operator provides Invoice (which at the same time represents a confirmation of order and a subject of balance payment by the tourist. The latter should pay 100% of total cost of the product as a confirmation of purchased product. 3.5. Balance payment by Bank wire transfer in USD/EUR/GBP 3.5.1. The balance payment must be conducted any convenient time for the tourist no later than 7 (seven) calendar days prior to the travel date, unless a specific payment deadline has been confirmed with Tour Operator. 3.5.2. After the payment the Tour Operator possesses the right to issue tourist documents (Travel Voucher, final itinerary, contact information, etc.) to the Tourist. 3.5.3. In case of failure to carry out conditions described in Procedure of Payments (section 3) by Tourist might serve as the basis for full annulment of tour by Tour operator, with deduction (collecting) corresponding penalties according to the Conditions of Cancellation (Appendix 1, Paragraph 7). 3.6. Balance Payment by card – Visa/MasterCard: 3.6.1. Card payment option is available on travel date in GEL (Georgian Lari) in Tbilisi only. 3.6.2. Card payment cause additional card service fee + 3%. 3.6.3. Tour Operator is not responsible and will not refund any extra charges due to currency conversion rates which might be experienced by the Tourist while card payment on their accounts. These charges are out of Tour ...
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PROCEDURE OF PAYMENTS. All payments related to loan contract and other loan documents shall be made in full in accordance with the procedure provided for in the User Terms, with the borrower not being entitled to set off any amounts owing by it or make any other deductions or withholdings from such amounts.
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PROCEDURE OF PAYMENTS. 3.1. WEB reservation fee EUR 15 (or a special sum) per person is a deposit on booking for Private Full Day Tours.
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PROCEDURE OF PAYMENTS signing of Acts, consideration of disputes, claims 4.1 The Executor is a single taxpayer (single tax in the amount specified in the current legislation of Ukraine). 4.2 Payment for the services under this Agreement shall be made in terms of a 100% (one hundred per cent) advance payment. Violation by the Customer of the conditions and terms of payment stipulated by this Agreement and Appendices to it gives the right to the Contractor not to start providing services under this Agreement or not to provide them to the Customer by notifying the letter by email.
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PROCEDURE OF PAYMENTS. 5.1. The Licensee shall pay the remuneration (hereinafter – the Licence Fee) to the Licensor in accordance with the following procedure and terms: 5.1.1. An initial lump sum fixed payment for obtaining the licence in the amount of EUR 5.1.2. Annual fixed payments for the maintenance of the licence in the amount of EUR (amount in words) (excluding VAT). The Licensee shall make the annual fixed payments within 1 (one) month after the expiry of each 12 (twelve) months period, starting from the day the Agreement takes effect. 5.1.3. Royalty payments in the amount of 5% (five percent) a year of the annual turnover of the sold Products by the Licensee for each year from the moment the Licence Agreement takes effect and until its expiry. The Licensee shall pay the royalty within 1 (one) month from the day of submitting the audited Financial Statement stipulated by Article 5.4. 5.1.4. All payments prescribed by the Agreement are taxable with value added tax. The Licensee shall pay the value added tax in accordance with the procedures and in the amount specified in regulatory enactments. 5.2. The Licensee shall make the Licence Fee stipulated by Article 5.1 in accordance with the invoice prepared by the Licensor, which the Licensor shall send electronically to the Licensee's e-mail address provided in Article 9.
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PROCEDURE OF PAYMENTS. 5.1. The Licensee shall pay the remuneration to the Licensor in accordance with the following procedure: 5.1.1. The Licensee shall pay EUR (amount in words) (hereinafter – the Licence Fee) excluding value added tax to the Licensor for using the Technology and the Prototype during the Agreement validity period. The Licensee shall pay the value added tax in accordance with the procedures and in the amount specified in regulatory enactments. 5.1.2. The Licensee shall pay the License Fee for half a year 2 (two) times a year in accordance with the invoice provided by the Licensor and sent to the Licensee in accordance with the procedure specified in the Agreement. 5.1.3. The Licensor shall send the invoice electronically to Licensee's e-mail address specified in Article 9.7
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PROCEDURE OF PAYMENTS. 4.1. Any claims under the Assigned Investment Agreement shall be repaid by the Third Party Borrower to the Loan Originator pursuant to the Assigned Investment Agreement. The Loan Originator shall not notify the Third Party Borrower of the assignment. The Third Party Borrower shall be notified of the assignment only if the Third Party Borrower is in default with its obligations under the Assigned Investment Contract. 4.2. Upon the receipt of the payments by the Third Party Borrower, the Loan Originator will transfer the funds to the Portal Operator for the (partial) repayment of the Claim to the Assignee within 5 working days. 4.3. Without unreasonable delay, the Portal Operator shall distribute all the funds received from the Loan Originator (less the applicable Fees) to the Assignees in proportion to their Claims by reflecting the relevant amount on the Assignees’ User’s Account. 4.4. The Loan Originator or the Portal Operator shall not be held liable for any delay of the Third Party Borrower repaying the amounts.
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PROCEDURE OF PAYMENTS. 5.1. The Licensee shall pay the remuneration (hereinafter – the Licence Fee) to the Licensor in accordance with the following procedure and terms: 5.1.1. An initial lump sum fixed payment for obtaining the licence in the amount of EUR 5.1.2. Annual fixed payments for the maintenance of the licence in the amount of EUR 5.1.3. All payments prescribed by the Agreement are taxable with value added tax. The Licensee shall pay the value added tax in accordance with the procedures and in the amount specified in regulatory enactments. 5.2. The Licensee shall make the Licence Fee stipulated by Article 5.1 in accordance with the invoice prepared by the Licensor, which the Licensor shall send electronically to the Licensee's e-mail address provided in Article 9.
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PROCEDURE OF PAYMENTS. VKC ir atbildīgs par Latvijas Republikas normatīvajos aktos noteikto nodokļu samaksu normatīvajos aktos noteiktajā kārtībā. 6.2. VKC pēc nodokļu aprēķināšanas un ieturēšanas, pārskaita Līguma 5
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Related to PROCEDURE OF PAYMENTS

  • Nature of Payments Any amounts due under this Section 10 are in the nature of severance payments considered to be reasonable by the Company and are not in the nature of a penalty.

  • Order of Payments Checks, drafts, transactions, and other items may not be processed in the order that you make them or in the order that we receive them. We may, at our discretion, pay a check, draft, or item, and execute other transactions on your account in any order we choose. The order in which we process checks, drafts, or items, and execute other transactions on your account may affect the total amount of overdraft fees that may be charged to your account. Please contact us if you have questions about how we pay checks or drafts and process transfers and withdrawals.

  • Time of Payments Any payment that is due on a day that is not a Business Day may be made on the next Business Day but will bear interest until received in full. All payments must be made in funds which are immediately available on the date on which payment is due.

  • Collection of Payments Borrower authorizes Bank to collect all principal, interest and fees due under each credit created by the Loan Documents by charging Borrower’s deposit account number 4121261853 with Bank, or any other deposit account maintained by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such deposit account to pay all such sums when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

  • Coordination of Payments The Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable or payable or reimbursable as Expenses hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise.

  • Avoidance of Payments Any settlement, discharge or release between (a) the Current Issuer and (b) the Note Trustee or any Receiver (the "Relevant Person(s)") shall be conditional upon no security or payment granted or made to the Relevant Person(s) by the Current Issuer or any other person being avoided or reduced by virtue of any provisions or enactments relating to bankruptcy, insolvency or liquidation for the time being in force and, in the event of such security or payment being so avoided or reduced, the Relevant Person(s) shall be entitled to recover the value or amount of such security or payment from the Current Issuer and from the security subsequently as if such settlement, discharge or release had not occurred.

  • Calculation of Payments The State shall use the fee schedule set forth in Attachment E to the contract (Fee Schedule) in determining the value of the work performed up to the time of termination. In the case of partially completed engineering services, eligible costs will be calculated as set forth in Attachment E, Fee Schedule. The sum of the provisional overhead percentage rate for payroll additives and for general and administrative overhead costs during the years in which work was performed shall be used to calculate partial payments. Any portion of the fixed fee not previously paid in the partial payments shall not be included in the final payment.

  • Netting of Payments Subparagraph (ii) of Section 2(c) of this Agreement will apply to Transactions entered into under this Agreement unless otherwise specified in a Confirmation.

  • Proration of Payments If any Lender shall obtain any payment or other recovery (whether voluntary, involuntary, by application of offset or otherwise, on account of (a) principal of or interest on any Loan, but excluding (i) any payment pursuant to Section 8.7 or 15.6 and (ii) payments of interest on any Affected Loan) or (b) its participation in any Letter of Credit) in excess of its applicable Pro Rata Share of payments and other recoveries obtained by all Lenders on account of principal of and interest on the Loans (or such participation) then held by them, then such Lender shall purchase from the other Lenders such participations in the Loans (or sub-participations in Letters of Credit) held by them as shall be necessary to cause such purchasing Lender to share the excess payment or other recovery ratably with each of them; provided that if all or any portion of the excess payment or other recovery is thereafter recovered from such purchasing Lender, the purchase shall be rescinded and the purchase price restored to the extent of such recovery.

  • APPROPRIATION OF PAYMENTS 14.1 Any and all payments received by DBS from or for the account of the Cardmember may be applied and appropriated by DBS in relation to such Card Account for which the Cardmember is liable as DBS may determine or select and in relation to such of the entries or transactions constituting the Outstanding Balance on such Card Account as DBS may determine or select notwithstanding any specific appropriation by the person making the payment or any other person.

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