PROCEDURE OF SETTLEMENTS Sample Clauses

PROCEDURE OF SETTLEMENTS. 3.1. An invoice issued in rubles in accordance with the effective price-list (Appendix 4) shall be the basis for settlements for the services provided by the Customs representative to the Declarant. 3.2. When the Customs representative's funds are used by agreement between the Parties to pay the customs fees and other dues provided by the RF customs laws, the Declarant shall also pay the Customs representative's costs of customs fees transfer to the amount of 10% of the amount transferred. 3.3. The Declarant pays the invoice issued by the Customs representative by transfer of money resources into the settlement account of the Customs representative no later than thirty bank days from the moment of invoice issuing. The invoice should be paid in rubles or in US dollars according to the Russian Federation Central Bank exchange rate on the date of invoice issuing. It is not supposed to pay for services by available funds in cash desk of the Customs representative. 3.4. The Third parties may only pay for the Customs representative's services by prior written consent of the Parties. The Declarant may pay for the Customs representative's services via its subsidiary or office without prior approval of the Customs representative. 3.5. In case of an overdue payment by the Declarant for the Customs broker's services, the Customs representative may demand payment, andthe Declarant agrees to pay a penalty of 0.1% of the outstanding amount per day of delay. The payment of such penalty shall not relieve the Declarant of fulfilling its obligations by the Contract in full, and shall not reduce the amount of its debt to the Customs representative. 3.6. The date of receipt of the money at the Customs representative's settlement account shall be deemed the date of payment. 3.7. Upon completion of the work related to the Declarant's applicant, the Customs representative shall issue to the Declarant a Delivery and Acceptance Statement for the work and services under the Contract, and an invoice. 3.8. The Declarant shall accept the work and services provided by the Customs represente1tive by signing the Delivery and Acceptance Statement. 3.9. The Declarant shall be deemed to have signed the Customs representative's Delivery and Acceptance Statement in full, if it does not send the Customs broker a justified rejection of signing the Statement partly or in full within the three working days from the moment of accordance the Statement.
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PROCEDURE OF SETTLEMENTS. 7.1. Mutual settlements of the Parties hereunder shall be performed using details indicated in Exhibition № of this Agreement, in the currency in which any particular payment obligation was created (as appropriate) unless the Parties agreed otherwise. 7.2. The Partner agrees that all the amounts received by the Partner in connection with Services provision (after deduction of the fee portion withheld by the Partner in accordance with the Agreement) will be used solely for settlements with the Company. 7.3. The settlements of the Payment Company with the Partner and the settlements of the Partner with the Payment Company are carried out in accordance with the rules and procedures of the R360 for the settlement period on the day of the settlement in the following form: - in the event the net balance of the Partner activities with paid out (including returned), outgoing R360 transactions, including fees, constitutes a positive sum in favor of the Partner, the Payment Company shall transfer Partner’s funds to the Partner’s account(s) using the details provided in Exhibition № of this Agreement; - in the event the net balance of the Partner activities with paid out (including refunds), outgoing R360 transactions, including fees, constitutes a positive sum in favor of the Payment Company, the Partner shall transfer the Payment Company`s funds to the Payment Company`s account(s) using the details provided in Exhibition № 3 of this Agreement. 7.4. The Parties agree that the settlement period hereunder is the time from: - Thursday to Wednesday inclusive, which is 7 (seven) days, respectively from 00:00:00 till 23:59:59 United Kingdom time. 7.5. If, in the result of daily monitoring of the Partners activities, it will be apparent that the amount of accounts receivable of the appropriate Party as of 23:59:59 London time, in the equivalent of all currencies, will be five thousand (5,000.00) US dollars/ Euros or more, the settlements period shall be will be executed on the following banking day the liability has been occurred. 7.6. In case settlement day falls on holidays and weekends settlement payments should be performed on the next business day in the country of origin of the settlement currency. 7.7. The sending party shall bear all bank and money remittance costs unless exhibited to this Agreement otherwise.
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PROCEDURE OF SETTLEMENTS. 3.1. The cost of the Services shall be specified as of the Order date and based on the prices available in the Account and/or on the Website. 3.1.1. The prices shall be specified in the corresponding Service Orders exclusive of VAT. VAT is charged according to the laws applicable at the place of Provider registration. To apply Reverse Charge VAT the Client must provide the Provider with all necessary information for taxation (including valid EU VAT) at Client’s own discretion and in time. The Provider may unilaterally alter the Services cost, posting new rates on the Provider’s website and in the Account. Should the Client disagree to new prices, the Client may repudiate the Agreement. 3.2. Upon entering into the Agreement, the Provider shall establish an Agreement Account in the Billing System; the Agreement Account is a counter used to log information about payments for the Services and the scope of the Services used, as well as any other information provided for hereunder and the Attachments hereto. 3.3. The prices for the Services/works in Service Orders may be specified as fixed one-time charges, fixed monthly and/or recurring monthly charges. Moreover, an additional one-time connection charge specified by the Provider may be collected in addition to the Service cost, depending on the configuration. Should the Client disagree to the additional one-time charge, the Provider reserves the right to withhold Service provision. The Client shall pay the charge types specified in the Service Orders agreed by the Parties as follows: 3.3.1. Fixed one-time charges shall be paid by the Client as advance payments. 3.3.2. Recurring monthly Services provided for the Client hereunder shall be paid by the Client as advance payments to the extent of 100 % for a minimum period of one month by transferring the funds to the Provider’s settlement account. 3.3.3. Fixed monthly payments shall be paid by the Client as advance payments to the extent of 100 % on the basis of the Billing System bills automatically generated by the system in the electronic form at the Client’s initiative. 3.3.4. The Service charge to be paid by the Client is accrued automatically during the Agreement term. Suspension of Services provision shall not indemnify the Client against payment for the Services. 3.3.5. In case provision of Services begins not on the first day of a calendar month, the funds left from the advance payments shall be offset by the Provider as partial payment for the Services in...
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PROCEDURE OF SETTLEMENTS. The Party 2 has a right to receive the fee according to results of performance of its obligations by the Party 2 in accordance with the subject matter hereof for each client.
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PROCEDURE OF SETTLEMENTS. The value of Advertising Placement Services in Agent’s Clients Agreements is set: · under agreements with clients resident in RF and non-resident clients making payments in Russian Rubles, - in Russian Rubles; · under agreements with non-resident clients making payments in currencies other than Russian Rubles, - in US$. Advertising Placement Services under transactions with Clients are subject to value-added tax in accordance with the applicable laws of the Russian Federation.
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PROCEDURE OF SETTLEMENTS. 3.1. The access both to the Product as a whole and to any of its part is possible only after the payment receipt to the Provider’s settlement account according to the chosen kinds of Product from the product List (Appendix 1) and payment made in compliance with the Price list (Appendix 2). 3.2. All the rates are designated by the Provider in Euro. 3.3. For legal persons all the rates designated by the Provider include dues and taxes, which are in force on the Russian Federation territory. 3.4. Payment terms and payment entering conditions are given in Appendix 2 that is an integral part of the present Agreement. 3.5. Original invoices to legal persons about the provided Product amount are mailed to the Customer's address within seven days from the date of payments entered in the Provider’s settlement account. 3.6. In the event when the Customer (legal person) needs the signed by the Provider paper copy of Agreement the Customer sends two copies of this Agreement with included essential elements and signed by him by courier or by mail. On receiving the signed by the Customer Agreement the Provider also signs it and returns one copy of the Agreement to the Customer by mail. The Customer can receive the approved Agreement text in the Microsoft Word format on the site xxxx://xxx.xxxxxxxxx.xx/doc/oferta-e.doc.
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PROCEDURE OF SETTLEMENTS. 5.1. The Subscription cost is calculated by the Service automatically in accordance with the Tariffs depending on the maximum number of the User's subscribers. 5.2. In accordance with the terms of this Agreement, the Service provides several payment options: ● payment for the Subscription using the payment systems of the Administration based on monthly automatic renewal. 5.3. The cost includes the commission charged by banks or payment systems for making a payment. 5.4. Payment is made based on clause 5.2 of this Agreement and is performed at the option: ◦ through electronic payments using Payment systems. 5.5. The User can request payment by wire transfer to the current account of the Administration based on the issued invoice if the expected payment term is from 6 to 12 months. 5.6. Foreign Users pay only by wire transfer to the current account of the Administration. The User is to send the request for invoice issue by e-mail xxxxx@xxxxxxx.xx. 5.7. If it is necessary to change the User's bank details used for payment for the Subscription, the User can cancel the Subscription and register a new one, specifying other bank details for payment. 5.8. If debiting funds was unsuccessful, the Administration makes 3 (three) attempts to debit the funds. After three attempts, the Subscription is automatically canceled. 5.9. The Administration undertakes to provide a simple non-exclusive license to use the Service, as well as a subscription from the moment payment from the User is received. 5.10. In the event the User violates the accepted terms of the Offer and its conditions, the funds are not refunded by the Administration and are used to cover the losses of the Administration, and are also regarded as a penalty for violation of the terms of the Agreement.
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Related to PROCEDURE OF SETTLEMENTS

  • Time of Settlement RSUs shall be settled promptly upon expiration of the Restricted Period without forfeiture of the RSUs (i.e., upon vesting), but in any event within 60 days after expiration of the Restricted Period, by delivery of one share of Common Stock for each RSU being settled, or, at the discretion of the Company, the cash equivalent thereof; provided, however, that settlement of an RSU shall be subject to Plan Section 11(k), including if applicable the six-month delay rule in Plan Sections 11(k)(i)(C)(2) and 11(k)(i)(G); provided further, that no dividend or dividend equivalents will be paid, accrued or accumulated in respect of the period during which settlement was delayed. (Note: This rule may apply to any portion of the RSUs that vest after the time you become Retirement eligible under the Plan, and could apply in other cases as well). Settlement of RSUs which directly or indirectly result from adjustments to RSUs shall occur at the time of settlement of, and subject to the restrictions and conditions that apply to, the granted RSUs. Settlement of cash amounts which directly or indirectly result from adjustments to RSUs shall be included as part of your regular payroll payment as soon as administratively practicable after the settlement date for the underlying RSUs, and subject to the restrictions and conditions that apply to, the granted RSUs. Until shares are delivered to you in settlement of RSUs, you shall have none of the rights of a stockholder of the Company with respect to the shares issuable in settlement of the RSUs, including the right to vote the shares and receive actual dividends and other distributions on the underlying shares of Common Stock. Shares of stock issuable in settlement of RSUs shall be delivered to you upon settlement in certificated form or in such other manner as the Company may reasonably determine. At that time, you will have all of the rights of a stockholder of the Company.

  • PROCEDURE FOR APPROVAL OF SETTLEMENT Acceptance of this Settlement Agreement shall be sought at a hearing of the Central Regional Council of the MFDA on a date agreed to by counsel for Staff and the Respondent.

  • TERMS OF SETTLEMENT The Respondent agrees to the following terms of settlement:

  • Effect of Settlement Neither the Grantee nor any of the Grantee’s successors, heirs, assigns or personal representatives shall have any further rights or interests in any Restricted Stock Units that have been paid and settled. Although a settlement date or range of dates for settlement are specified above in order to comply with Code Section 409A, the Company retains discretion to determine the settlement date, and no Grantee or beneficiary of a Grantee shall have any claim for damages or loss by virtue of the fact that the market price of Common Stock was higher on a given date upon which settlement could have been made as compared to the market price on or after the actual settlement date (any claim relating to settlement will be limited to a claim for delivery of Shares and related dividend equivalents).

  • DISPUTES SETTLEMENT PROCEDURE 9.1 A major objective of this Agreement is to eliminate lost time and/or production arising out of disputes or grievances. Disputes over any work related or industrial matter (including a dispute about whether a workplace right has been breached) or any matters arising out of the operation of the Agreement or incidental to the operation of the Agreement should be dealt with as close to its source as possible. Disputes over matters arising from this Agreement (or any other dispute related to the employment relationship or the NES, including subsections 65(5) or 76(4) of the Fair Work Act) shall be dealt with according to the following procedure. 9.2 The pre-dispute status quo shall prevail while the matter is being dealt with in accordance with this procedure. 9.3 All Employees have the right to appoint a representative in relation to a dispute. It is the express priority of all Parties to attempt to settle a dispute at the workplace level at first instance. 9.4 In the event of any work-related grievance arising between the Employer and an Employee or Employees, the matter shall be dealt with in the following manner: (a) The matter shall be first submitted by the Employee/s or his/her job delegate/ employee representative or other representative, to the site foreperson/supervisor or the other appropriate site representative of the Employer and if not settled, to a more senior representative of the Employer. (b) Alternatively, the Employer may submit an issue to the Employee/s who may seek the assistance and involvement of the job delegate/employee representative or other representative. (c) If still not resolved, there may be discussions between the relevant Union official (if requested by the employee/s), or another representative of the employee, and senior representative of the Employer. (d) Should the matter remain unresolved, either of the parties or their representative shall refer the dispute at first instance to FWC for review. FWC may exercise conciliation and/or arbitration powers in such review. 9.5 This procedure shall be followed in good faith without unreasonable delay. 9.6 If any party fails or refuses to follow any step of this procedure the non-breaching party will not be obligated to continue through the remaining steps of the procedure and may immediately seek relief by application to FWC. 9.7 Any resolution of a dispute under this clause by the FWC will not be inconsistent with legislative obligations or any other applicable Codes or Regulations.

  • Procedure If any action is brought against an Underwriter, a Selected Dealer or a Controlling Person in respect of which indemnity may be sought against the Company pursuant to Section 6.1, such Underwriter, such Selected Dealer or Controlling Person, as the case may be, shall promptly notify the Company in writing of the institution of such action and the Company shall assume the defense of such action, including the employment and fees of counsel (subject to the reasonable approval of such Underwriter or such Selected Dealer, as the case may be) and payment of actual expenses. Such Underwriter, such Selected Dealer or Controlling Person shall have the right to employ its or their own counsel in any such case, but the fees and expenses of such counsel shall be at the expense of such Underwriter, such Selected Dealer or Controlling Person unless (i) the employment of such counsel at the expense of the Company shall have been authorized in writing by the Company in connection with the defense of such action, or (ii) the Company shall not have employed counsel to have charge of the defense of such action, or (iii) such indemnified party or parties shall have reasonably concluded that there may be defenses available to it or them which are different from or additional to those available to the Company (in which case the Company shall not have the right to direct the defense of such action on behalf of the indemnified party or parties), in any of which events the reasonable fees and expenses of not more than one additional firm of attorneys selected by such Underwriter (in addition to local counsel), Selected Dealer and/or Controlling Person shall be borne by the Company. Notwithstanding anything to the contrary contained herein, if any Underwriter, Selected Dealer or Controlling Person shall assume the defense of such action as provided above, the Company shall have the right to approve the terms of any settlement of such action which approval shall not be unreasonably withheld.

  • Date of Settlement All offers of Certificated Securities solicited by a Selling Agent or made by a Purchasing Agent and accepted by the Company will be settled on a date (the “Settlement Date”) which is the third business day after the date of acceptance of such offer, unless the Company and the purchaser(s) agree to settlement (a) on another business day after the acceptance of such offer or (b) with respect to an offer accepted by the Company prior to 10:00 a.m., New York City time, on the date of such acceptance.

  • Testing Procedure Limitations The Asset Representations Reviewer will only be required to perform the testing procedures listed under “Tests” in Schedule A, and will have no obligation to perform additional procedures on any Subject Lease or to provide any information other than a Review Report indicating for each Subject Lease whether there was a Test Pass or a Test Fail for each Test, or whether the Subject Lease was a Test Complete and the related reason. However, the Asset Representations Reviewer may provide additional information about any Subject Lease that it determines in good faith to be material to the Review.

  • ARTICLE GRIEVANCE PROCEDURE The parties to this Agreement are agreed that it is of the utmost importance to adjust complaints and grievances as quickly as possible. Unless agreed to by both the Company and the Union, no grievance shall be presented, the alleged circumstances of which originated or occurred, or should have come to the attention of the employee concerned, more than five (5) working days prior to its original presentation in writing at Step A grievance shall consist of a dispute concerning interpretation and/or application of any Article, Schedule or Clause in this Agreement. Should a grievance arise it shall be handled as follows. Prior to filing a formal grievance, an employee will, with the assistance of his xxxxxxx, refer the on an informal basis to his immediate Supervisor. If the grievance cannot be settled as a result of this discussion, then it may be dealt with as follows: STEP The employee shall a written grievance with his immediate Supervisor within five (5) working days of the incident giving rise to the complaint. The immediate Supervisor shall answer the grievance within five (5) working days. The grievance shall specify the Article or Articles and subsections of the Agreement of which a violation is alleged, indicate the relief sought and be signed by the employee. STEP Should the employee be dissatisfied with the disposition of the grievance at Step the grievance may be referred to the Plant Manager within five (5) working days after receipt of the immediate Supervisor's reply at Step The Plant Manager shall convene a meeting with the and Chief Xxxxxxx and shall answer the grievance in writing within five (5) working days of such meeting. STEP If no settlement is reached at Step the the Union Grievance Committee and representatives of Management shall meet to discuss the grievance within five (5) working days of receipt of the reply of the Plant Manager. The Union's National Representative will be in attendance at this meeting. If the grievance is not settled within five (5) working days it may be referred to arbitration as hereinafter provided. The Union or the Company may initiate a grievance beginning at Step of the Grievance Procedure. Such grievance shall be filed within five (5) working days of the incident giving rise to the complaint and be in the form prescribed in Step Any such grievance may be referred to arbitration under Article by either the Union in the case of a Union grievance or the Company in the case of a Company grievance. The Union may not institute a grievance directly affecting an employee or employees which such employee or employees could themselves institute and the regular Grievance Procedure shall not thereby be by-passed except where the grievance would affect the Bargaining Unit as a whole. This Clause shall not preclude a group grievance signed by a group of employees commencing at Step Any complaint or grievance which is not commenced or processed through the next stage of the Grievance or Arbitration Procedure within the time specified shall be deemed to have been dropped. However, time limits specified in the Grievance Procedure may be extended by mutual agreement in writing between the Company and the Union. An employee who has been discharged or suspended may file a written grievance at Step within five (5) working days of the discharge or suspension. In taking disciplinary action within twenty-four (24) months from the date of a suspension or dismissal (reinstatement) for a similar infraction, the Company may consider the employee's entire record preceding suspension or dismissal (reinstatement), as the case may be. In taking disciplinary action within twelve 2) months from the date of an oral or written warning for a similar infraction, the Company may consider the employee's entire record preceding the employee's oral or written warning, as the case may be.

  • Borrowing Procedures and Settlements (a) Each Revolving Facility Borrowing or a Borrowing of Other Revolving Loans shall be made by a written request by an Authorized Person delivered to the Administrative Agent (which may be delivered through the Administrative Agent’s electronic platform or portal) and received by the Administrative Agent no later than 1:00 p.m., Local Time, (i) on the Business Day that is the requested funding date in the case of a request for a Swingline Borrowing, (ii) on the Business Day that is one Business Day prior to the requested funding date in the case of a request for an ABR Borrowing, and (iii) on the Business Day that is three Business Days prior to the requested funding date in the case of all other requests, specifying (A) the amount of such Borrowing, and (B) the requested funding date (which shall be a Business Day); provided that the Administrative Agent may, in its sole discretion, elect to accept as timely requests that are received later than 1:00 p.m., Local Time, on the applicable Business Day. All Borrowing requests which are not made on-line via the Administrative Agent’s electronic platform or portal shall be subject to (and unless the Administrative Agent elects otherwise in the exercise of its sole discretion, such Borrowing shall not be made until the completion of) the Administrative Agent’s authentication process (with results satisfactory to the Administrative Agent) prior to the funding of any such requested Loan. Each such Borrowing request shall specify the following information in compliance with Section 2.02: (i) the aggregate amount of the requested Borrowing, which amount shall not result in the Revolving Facility Credit Exposure exceeding the Borrowing Base; (ii) the date of such Borrowing, which shall be a Business Day; (iii) whether such Borrowing is to be an ABR Borrowing or a Eurocurrency Borrowing; (iv) in the case of a Eurocurrency Borrowing, the initial Interest Period to be applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period”; and (v) the location and number of the Borrower’s account to which funds are to be disbursed. If no election as to the Type of Revolving Facility Borrowing is specified, then the requested Revolving Facility Borrowing shall be an ABR Borrowing. If no Interest Period is specified with respect to any requested Eurocurrency Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. Promptly following receipt of a Borrowing request in accordance with this Section 2.03(a), the Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing.

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