T ime of Payment Sample Clauses

T ime of Payment. Commissions for Memberium software sales will be paid on or before the last day of the month following each month in which a customer pays in full for a Commissionable license. Should the last day of the month fall on a weekend or Memberium US holiday, commissions will be paid the next business day following the weekend or holiday. If the amount of the Commission due to the Partner in any given month is less than USD $20, Commissions will not be paid until the amount due to the Partner exceeds USD $20 or upon the termination of Partner’s relationship with Memberium, whichever comes first.
Sample 1
AutoNDA by SimpleDocs
T ime of Payment. The Affiliate Fee will be payable within fifteen (15) days after the end of each calendar month, except that, in no event will the Company pay to an Affiliate an amount which is less than US$150, and in the event that the Affiliate's balance at the end of a calendar month is less than US$150, such balance shall be carried over and added to the next month's Affiliate Fee. In the event that the balance amount carried over does not total US$150 within six (6) consecutive calendar months, then the amount due will be voided and cancelled, and the Company may terminate this Agreement with no liability whatsoever to the Affiliate.
Sample 1

Related to T ime of Payment

  • Time of Payment Any Gross-Up Payment provided for herein shall be paid not later than the 30th day following the payment of any compensation or the provision of any benefit which causes such payment to be made; provided, however, that if the amount of such payment cannot be finally determined on or before such day, the Company shall pay on such day an estimate of the minimum amount of such payment and shall pay the remainder of such payment (together with interest calculated in a manner similar to that described in Subparagraph (b)) as soon as the amount thereof can be determined. In the event that the amount of an estimated payment exceeds the amount subsequently determined to have been due, such excess shall constitute a loan by the Company to the Executive, payable on the 30th day after demand by the Company (together with interest calculated in a manner similar to that described in Subparagraph (b)).

  • Date of payment Should the principal of or interest on the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.

  • MODE OF PAYMENT Subject to the terms of the Agreement and the Promoter abiding by the construction milestones, the Allottee shall make all payments, on demand by the Promoter, within the stipulated time as mentioned in the Payment Plan through A/c Payee Cheque / Demand Draft or Online Payment (as applicable) in favour of ' ' payable at .

  • Rate of Payment F9.16 While an employee is on a period of purchased leave the employee will be paid at the rate of pay used to calculate the employee’s deduction.

  • Netting of Payments Subparagraph (ii) of Section 2(c) of this Agreement will apply to Transactions entered into under this Agreement unless otherwise specified in a Confirmation.

  • Nature of Payment Each of the Settling Distributors, the Settling States, and the Participating Subdivisions acknowledges and agrees that notwithstanding anything to the contrary in this Agreement, including, but not limited to, the scope of the Released Claims:

  • Schedule of Payment An employee shall be paid at his/her assigned building or by mail on the following dates listed below: September 15 and 30, 2016 September 15 and 30, 2017 October 15 and 30, 2016 October 15 and 30, 2017 November 13 and 30, 2016 November 13 and 30, 2017 December 15 and 31, 2016 December 15 and 31, 2017 January 15 and 29, 2017 January 15 and 29, 2018 February 15 and 29, 2017 February 15 and 29, 2018 March 15 and 31, 2017 March 15 and 31, 2018 April 15 and 29, 2017 April 15 and 29, 2018 May 15 and 31, 2017 May 15 and 31, 2018 June 15 and 30, 2017 June 15 and 30, 2018 July 15 and 29, 2017 July 15 and 29, 2018 August 15 and 31, 2017 August 15 and 31, 2018

  • Source of Payments All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.

  • Rate and Time of Payment Unless otherwise specified, Buyer shall make payment to Seller for the goods within 30 days after the goods are received by Buyer.

  • Issuance of Payments Payments shall be delivered as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!