SETTLEMENT OF ACCOUNT. Upon resignation or removal of the Trustee, the Trustee shall have the right to a settlement of its account, which settlement shall be made, at the Trustee's option, either by an agreement of settlement between the Trustee and the Employer or by a judicial settlement in an action instituted by the Trustee.
SETTLEMENT OF ACCOUNT. Provided that the Consignor has received payment in full from the buyer, the Consignee will, within twenty-one (21) business days of receipt of payment from the buyer, pay to the Consignor the net proceeds after deduction of applicable sales commissions and any other amounts owing to the Consignee by the Consignor.
SETTLEMENT OF ACCOUNT. Notwithstanding Article 7.2 of the Main Agreement and subject to the setoff provisions of the Capacity Purchase Agreement, settlement of account shall be effected through the IATA Clearing House via the Airlines Clearing House in accordance with the Rules and Regulations of the IATA Clearing House and the Airlines Clearing House.
SETTLEMENT OF ACCOUNT. Provided that Auctions America, LLC has received payment in full from the buyer, Auctions America, LLC will, within thirty (30) business days of receipt of payment from the buyer, pay to the Consignor the net proceeds after deduction of applicable seller fees and any other amounts owing to Auctions America, LLC by the Consignor.
SETTLEMENT OF ACCOUNT. No transfer or sale of DISTRIBUTOR's rights under this Agreement is to be made unless and until DISTRIBUTOR has settled with COMPANY all outstanding accounts and settled all other outstanding liens and debts related to the distributorship; provided, however, that COMPANY may waive this requirement depending on the circumstances of the particular transaction, including if it is satisfied that under the terms of the sale, the purchaser assumes all such liabilities and is financially capable of such assumption.
SETTLEMENT OF ACCOUNT a. The SETTLEMENT OF ACCOUNT requires both parties cleared all the payment with the effect from the agreement signed date.
b. Each party shall provide invoices/debit notes/credit notes along with the shipping documents.
c. The credit KHEE LOGISTICS INDIA PVT LTD offers AGENT COMPANY NAME . is USD 1000 on confirmation, if the amount of money exceeds USD 1000 at any time in one month, then the party who owes money to the other must remit all the amount of money immediately firstly and send the Bank Slip once remittance finished.
d. Each company shall submit a monthly statement of account showing all amounts due to the other party no later than 5th of the following month.
e. Discrepancies in the statements of accounts should be notified by each party to other party immediately.
f. Both parties shall reconcile the statement of account and confirm the balance no late than 10th of the following month.
g. The payment must be arranged by T/T remittance and including bank charges no later than 15th of the following month and send the Bank Slip.
h. Each party shall prepare a Monthly Statement of Account (S/A). The related invoices, B/L copies, HAWB, Manifest and other pertinent documents should be sent together with S/A if necessary.
i. If there is any discrepancy in the S/A, such discrepancy should be advised immediately to the other party for confirmation adjustment.
j. Both parties have the right to hold the shipment(s) of which is(are) claimed payment not received by real shipper(s). k. The payment shall be settled in currency of U.S. Dollars.
SETTLEMENT OF ACCOUNT. The Lessor must submit the performance statements within three (3) working days after completion of the work, failing which the Lessee will be entitled to suspend payment of the invoices.
SETTLEMENT OF ACCOUNT. No later than 30 business days after the completion of sale, TCS shall pay Owner the net proceeds received and collected from the sale of the property after deducting any fees or commissions due and, electronic transfer fees, as appropriate, and any other expenses, fees and charges due hereunder or required by law, provided that no claim has been made against any of the property or proceeds of sale, that there are no funds due TCS for whatever reason, and further provided that the buyer has not given notice of intent to rescind the sale.
SETTLEMENT OF ACCOUNT. All payments to be made pursuant to this Agreement shall be subject to the setoff provisions of the Capacity Purchase Agreement. Notwithstanding Article 7.2 of the Main Agreement, and subject to such setoff provisions of the Capacity Purchase Agreement, settlement of account shall be effected through the IATA Clearing House via the Airlines Clearing House in accordance with the Rules and Regulations of the IATA Clearing House and the Airlines Clearing House.
SETTLEMENT OF ACCOUNT. On or before Friday of each week, DISTRIBUTOR will remit to COMPANY a full settlement of all Products and Authorized Products sold to DISTRIBUTOR in the preceding week, in accordance with terms established by COMPANY from time to time. DISTRIBUTOR authorizes COMPANY to make credits and charges to its weekly settlement as set forth on the Settlement Statement Authorization, a sample of which is attached hereto as Exhibit E.
