Revised Payment Schedule - Payment Exceptions Sample Clauses

Revised Payment Schedule - Payment Exceptions. Notwithstanding anything to the contrary in this Agreement, upon commencement of the Revised Payment Schedule, Expedia shall not be required to pay to Microsoft any Transaction Fees generated by any Microsoft Backend Properties, as defined in Section 2.3 of the Agreement, who use ExpediaMaps to serve local street maps and/or provide driving directions on their respective Web sites. The Backend Properties will be identified on a quarterly report provided by Expedia to Microsoft, in accordance with Section 5(b). Microsoft Confidential Attachment 1 Representative Sample of Payment Matrix Pricing Model for Transactions Gross Transactions ------------------ ------------------------------------------------------------------------------------------------------------------ Sum of Page Views Date ------------------------------------------------------------------------------------------------------------------ Domain Dec-00 Jan-01 Feb-01 Mar-01 Grand Total ------------------------------------------------------------------------------------------------------------------ Location Lookup Transactions (SF) 8,169,989 9,418,060 8,758,271 11,463,204 37,809,524 Map Transactions (SF) 53,840,251 74,004,932 74,074,849 86,601,180 288,521,212 Route Transactions (SF) 3,268,704 3,992,942 3,950,560 5,106,580 16,318,786 ------------------------------------------------------------------------------------------------------------------ Grand Total 65,278,944 87,415,934 86,783,680 103,170,964 342,649,522 ------------------------------------------------------------------------------------------------------------------ Assumptions -------------- Average Maps per Route 7 -------------- Average Maps per Find 1 -------------- World data factor 85% -------------- Population Coverage (pro rata) 60% -------------- Per Transaction Volume Price Discount -------------------------------------------------------------- Adjusted Transactions Dec-00 Jan-01 Feb-01 Mar-01 Grand Total --------------------- -------------------------------------------------------------- Location Lookup Transactions (SF) 4,166,694 4,803,211 4,466,718 5,846,234 19,282,857 0.002 37% Map Transactions (SF) 13,729,971 20,972,159 21,185,821 22,718,966 78,606,917 0.002 50% Route Transactions (SF) 1,961,222 2,395,765 2,370,336 3,063,948 9,791,272 0.01 31% -------------------------------------------------------------- Priced Transactions Dec-00 Jan-01 Feb-01 Mar-01 Grand Total per trans fee ------------------- -----------------------...
Sample 1
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Related to Revised Payment Schedule - Payment Exceptions

  • Payment Schedule All payments under this paragraph 7 shall be made to Employee at the same interval as payments of salary were made to Employee immediately prior to termination.

  • Closing Date Payment The term “Closing Date Payment” shall have the meaning ascribed to it in Section 3.

  • Effective Date; Termination of Prior Intercompany Tax Allocation Agreements This Agreement shall be effective as of the Effective Time. As of the Effective Time, (i) all prior intercompany Tax allocation agreements or arrangements solely between or among BGC Partners and/or any of its Subsidiaries shall be terminated, and (ii) amounts due under such agreements as of the date on which the Effective Time occurs shall be settled. Upon such termination and settlement, no further payments by or to the BGC Group, or by or to the Newmark Group, with respect to such agreements shall be made, and all other rights and obligations resulting from such agreements between the Companies and their Affiliates shall cease at such time. Any payments pursuant to such agreements shall be disregarded for purposes of computing amounts due under this Agreement; provided, that to the extent appropriate, as determined by BGC Partners, payments made pursuant to such agreements shall be credited to the Newmark Entities or the BGC Entities, respectively, in computing their respective obligations pursuant to this Agreement, in the event that such payments relate to a Tax liability that is the subject matter of this Agreement for a Tax Period that is the subject matter of this Agreement.

  • Additional Payment (a) If, notwithstanding the provisions of Section 8(a)(ii), but subject to subsection (b), it is ultimately determined by a court or pursuant to a final determination by the Internal Revenue Service that any portion of Total Payments is subject to the tax (the "Excise Tax") imposed by Section 4999 of the Code (or any successor provision), then the Company shall pay to the Executive an additional amount (the "Gross-Up Payment") such that the net amount retained by the Executive after deduction of any Excise Tax and any interest charges or penalties in respect of the imposition of such Excise Tax (but not any federal, state or local income tax) on the Total Payments, and any federal, state and local income tax and Excise Tax upon the payment provided for by this Section 23 shall be equal to the Total Payments. For purposes of determining the amount of the Gross-Up Payment, the Executive shall be deemed to pay federal income taxes at the highest marginal rate of federal income taxation in the calendar year in which the Gross-Up Payment is to be made and state and local income taxes at the highest marginal rates of taxation in the state and locality of the Executive's domicile for income tax purposes on the date the Gross-Up Payment is made, net of the maximum reduction in federal income taxes that could be obtained from deduction of such state and local taxes.

  • Contingent Payments The Unilever Stockholder shall have the right to receive the Contingent Payments, if any, on the terms and subject to the conditions set forth on Exhibit 9 in recognition of its period of ownership of the Class B Shares.

  • Contingent Payment Notwithstanding anything in this Agreement to the contrary, if any of the Properties are sold by Buyer within twelve (12) months after the Closing Date, Buyer shall pay to Seller an amount equal to five percent (5%) of the Consideration allocated to such Property. The Deeds shall contain a deed restriction granting Seller the right to receive such additional sum from Buyer.

  • PAYMENT OF CLOSING COSTS In addition to the costs set forth in Paragraphs 3.1 and 3.2, Purchaser and Seller shall each pay for one-half of the costs of the documentary or transfer stamps to be paid with reference to the "Deed" (hereinafter defined) and all other stamps, intangible, transfer, documentary, recording, sales tax and surtax imposed by law with reference to any other sale documents delivered in connection with the sale of the Property to Purchaser and all other charges of the Title Insurer in connection with this transaction.

  • Payments of Post-Closing Adjustment Except as otherwise provided herein, any payment of the Post-Closing Adjustment, together with interest calculated as set forth below, shall (A) be due (x) within five (5) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within five (5) Business Days of the resolution described in clause (v) above; and (B) be paid by wire transfer of immediately available funds to such account(s) as is directed by Buyer or Sellers, as the case may be.

  • Additional Payments Any sums expended by Agent or any Lender due to any Borrower’s failure to perform or comply with its obligations under this Agreement or any Other Document including any Borrower’s obligations under Sections 4.2, 4.4, 4.12, 4.13, 4.14 and 6.1 hereof, may be charged to Borrowers’ Account as a Revolving Advance and added to the Obligations.

  • Earnout Payments (a) The terms below shall have the following respective meanings for the purposes of this Section 2.3:

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