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. 4.1 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 a. The SETTLEMENT OF ACCOUNT requires both parties cleared all the payment with the effect from the agreement signed date.
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. 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. 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. 4.1 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. 24.6 The Sub-Contractor shall within six (6) Months after determination of his own employment, submit to the Contractor, Architect and Consultant for the Contractor’s agreement, a final account for the total value of work properly executed, the value of materials and goods supplied and loss and/or expense suffered by the Sub-Contractor caused by such determination. 24.6(a) If nothing in the said final account is disputed by the Contractor within three (3) Months from the date of receipt of the final account from the Sub- Contractor, the final account shall be conclusive and deemed agreed by the parties. If after taking into consideration any sums previously paid to the Sub-Contractor under the Sub-Contract less any set-off which the Contractor is expressly entitled to make under the Sub-Contract, there is a balance due to the Sub-Contractor, the amount to be paid by the Contractor shall be payable within seven (7) Days after the Period of Honouring Certificates. If such amounts added to the sums previously paid to the Sub- Contractor before the date of determination exceed the total amount which would have been payable on completion in accordance with the Sub- Contract, the difference shall be a debt payable to the Contractor by the Sub- Contractor. 24.6(b) If the Contractor disputes the final account, the Contractor shall give written notice to the Sub-Contractor (with copies to the Architect and Consultant) setting out any disagreement complete with particulars within three (3) Months of the date of receipt of the final account from the Sub-Contractor. The Sub-Contractor within three (3) Months from the date of receipt of the grounds of dispute shall either amend or not amend the final account. In the event the Contractor disagrees with the amended final account or the decision not to amend the final account, the Contractor shall refer the dispute to arbitration under Xxxxxx 2931.0 within three (3) Months from the date of receipt of the amended final account or decision not to amend the final account. Failure to refer the dispute to arbitration within the stipulated time, the final account or amended final account shall deem to be conclusive and deemed agreed by the parties. 24.6(c) Any dispute on set-off which the Contractor is entitled to make under the Sub-Contract shall be referred to arbitration.
