Provision for Payments Sample Clauses

Provision for Payments. Employers shall have no obligation to set aside, earmark or entrust any fund or money with which to pay their obligations under this Agreement. Executive shall be and remain simply a creditor of the Employers in the same manner as any other creditor having a general claim for unpaid compensation as (if and when) his rights to receive any payment hereunder shall mature and become payable. The Employers reserve the absolute right at their sole discretion to fund the obligations undertaken by this Agreement or refrain from funding the same and to determine the extent, nature and method of any funding or funding vehicle if they elect to fund this Agreement in whole or in part. Employers reserve the absolute right, in their sole discretion, to terminate any funding arrangement or program at any time, either in whole or in part. At no time shall Executive be deemed to have any right, title or interest in or to any specified asset or assets of the Employers as a result of this Agreement.
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Provision for Payments. Payments under this Agreement will be made by the KHA to the Contractor based on the Invoice/Expenditure Report submitted in accordance with the requirements of Section 2.6.3 of Exhibit C, Deliverable Reporting Requirements, and contingent on receipt and approval of all supporting documentation required by the KHA. Such payments will be made within twenty (20) days of the KHA's approval of the Invoice/Expenditure Report. Contractor shall be subject to penalties for failure to submit such reports in a timely manner as set forth in Section E.12. Continued failure to submit such report shall be deemed to be a material breach of the Contract and may be grounds for termination of the Contract, in the sole and exclusive discretion of the KHA.
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Provision for Payments. The assets of all Company Benefit Plans that are required under applicable Law to be held in trust are in fact held in trust.
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Provision for Payments. All contributions and payments to or with respect to each Company Benefit Plan have been timely made and the applicable Acquired Company has made adequate provision for reserves to satisfy contributions and payments that have not been made because they are not yet due under the terms of such Company Benefit Plan or related arrangement, document or applicable Law. No Company Benefit Plan has unfunded accrued benefits that are not fully reflected in the Financial Statements.
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Provision for Payments. All contributions and payments to or with respect to each Company Benefit Plan have been timely made and each of the Company, JTF Holdco, Tylee Holdco and any ERISA Affiliates has made adequate provision for reserves to satisfy contributions and payments that have not been made because they are not yet due under the terms of such Company Benefit Plan or related arrangement, document or applicable Law. No Company Benefit Plan has unfunded accrued benefits that are not fully reflected in the Financial Statements.
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Provision for Payments 
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Related to Provision for Payments

  • Compensation Benefits Expenses (a) Compensation In consideration of the services to be rendered hereunder, including, without limitation, services to any Affiliated Company, Consultant shall be paid a fee of 1,000,000 shares, pursuant to the procedures regularly established, and as they may be amended, by the Company during the course of this Agreement.

  • PAYMENT OF LEGAL FEES All reasonable legal fees paid or incurred by Executive pursuant to any dispute or question of interpretation relating to this Agreement shall be paid or reimbursed by the Holding Company, if Executive is successful pursuant to a legal judgment, arbitration or settlement.

  • Compensation; Reimbursement of Expenses The Guarantor agrees:

  • Reimbursement of Legal Fees Subject to subsection (b), in the event of the Executive’s Separation from Service either (1) prior to a Change in Control, or (2) on or within two (2) years following a Change in Control, the Company shall reimburse the Executive for all legal fees and expenses (including but not limited to fees and expenses in connection with any arbitration) incurred by the Executive in disputing any issue arising under this Agreement relating to the Executive’s Separation from Service or in seeking to obtain or enforce any benefit or right provided by this Agreement.

  • Payment of Claims A. If advance payment of all or a portion of the Grant funds is permitted by statute or regulation, and the State agrees to provide such advance payment, advance payment shall be made only upon submission of a proper claim setting out the intended purposes of those funds. After such funds have been expended, Grantee shall provide State with a reconciliation of those expenditures. Otherwise, all payments shall be made thirty five (35) days in arrears in conformance with State fiscal policies and procedures. As required by IC § 4-13-2-14.8, all payments will be by the direct deposit by electronic funds transfer to the financial institution designated by the Grantee in writing unless a specific waiver has been obtained from the Indiana Auditor of State.

  • Entitlement to Other Benefits Except as expressly provided herein, this Agreement shall not be construed as limiting in any way any rights or benefits the Employee, his spouse, dependents or beneficiaries may have pursuant to any other employee benefits plans or programs.

  • Compensation Benefits and Reimbursement (a) The compensation specified under this Agreement shall constitute the salary and benefits paid for the duties described in Section 2(b). The Association shall pay Executive as compensation a salary of not less than $_____________ per year ("Base Salary"). Such Base Salary shall be payable biweekly, or with such other frequency as officers and employees are generally paid. During the period of this Agreement, Executive's Base Salary shall be reviewed at least annually. Such review may be conducted by a Committee designated by the Board, and the Board may increase, but not decrease (except a decrease that is generally applicable to all employees), Executive's Base Salary (any increase in Base Salary shall become the "Base Salary" for purposes of this Agreement). In addition to the Base Salary provided in this Section 3(a), the Association shall provide Executive at no cost to Executive with all such other benefits as are provided uniformly to permanent full-time employees of the Association. Base Salary shall include any amounts of compensation deferred by Executive under qualified and nonqualified plans maintained by the Association.

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