Terms of Payments. The amounts due to Executive pursuant to Section 6.2(i) hereof shall be paid by the Company as follows:
(a) fifty percent (50%) of the aggregate amount due to Executive shall be paid to Executive on the effective date of termination of Executive’s employment with the Company; and
(b) fifty percent (50%) of the aggregate amount due to Executive shall be paid pro rata on a monthly basis to Executive over the duration of the Post-Employment Period; provided, however, that all payments and continuation of benefits provided to Executive pursuant to this Section 6 shall be contingent upon Executive’s execution and delivery of a general release and waiver, substantially in the form provided on Exhibit C attached hereto; and provided, further, that notwithstanding any of the foregoing terms, in the event, and at the moment, that Executive violates any of his duties or obligations set forth in Sections 8.1, 8.2, 8.3 or 8.4 of this Agreement that continue after the termination of his employment, the terms of Sections 6.2(ii), 6.2(iii) and 6.3(b) will be of no force or effect and the Company’s obligations under those subsections to make severance payments or provide continued employee benefits will immediately cease.
Terms of Payments. All payments (including prepayments) to be made by the Company on account of principal, interest, fees and other amounts required hereunder shall be made without setoff or counterclaim and shall, except as otherwise expressly provided herein, be made to the Agent for the ratable account of the Lenders at the Payment Office, in dollars and in immediately available funds, no later than 9:00 a.m. (California time) on the date specified herein. The Agent shall promptly distribute to each Lender such Lender's Commitment Percentage (or other applicable share as expressly provided herein) of such principal, interest, fees or other amounts (in like funds as received). Any payment which is received by the Agent later than 9:00 a.m. (California time) shall be deemed to have been received on the immediately succeeding Business Day, and any applicable interest or fee shall continue to accrue.
Terms of Payments. Cash Discount of 1% 10th prox. net 25th. All payments must be in U.S. dollars. Any account having a balance due that is 30 days past due or has unauthorized payment deductions may be placed on a ’Credit Hold’ condition. Late payments on invoices shall bear interest at 1.5% per month or the highest rate allowed by applicable law, whichever is less. Seller shall be entitled to recover its costs of collection of any past due invoice, including court costs and reasonable attorneys’ fees.
Terms of Payments. 1. 100% Payment within 30 days after delivery and acceptance of the material.
2. GST extra as applicable.
3. Price should be valid for at least One year from the date on which Rate Contract is entered into.
4. In the event of any dispute over this contract, IIT Bombay's decision shall be final and binding.
Terms of Payments. 14.1 Contractor will invoice Customer per each delivery or as provided in Sections 6 and 8 hereinabove. The invoice shall include all purchase order details. The invoice will be quoted in US Dollars.
14.2 Contractor and Customer agree to terms of payments of current plus thirty (30) days from the date of invoice. Payment shall be affected in US Dollars.
Terms of Payments. Reimbursements
Terms of Payments. Unless specified to the contrary in the Lease, payments are due 10 days from the invoice date. Lessee shall be responsible to pay all applicable sales, use, personal property or other taxes when due. NO CASH PAYMENTS ACCEPTED. TECHNICIANS DO NOT HANDLE PAYMENT. Accepted manners of payment are by major credit card, check made payable to ECS, or ACH transfer.
Terms of Payments. 14.1 Contractor will invoice Customer per each delivery. The invoice shall include all purchase order details. The invoice will be quoted in US Dollars. Total invoice amount will be converted to NIS according to official exchange rate published by official authority in Israel pursuant to clause 14.3. Each invoice will be added by official VAT rate according to tax laws of state of Israel.
14.2 Contractor and Customer agree to terms of payments of current plus thirty (30) days from the date of invoice.
14.3 Prices will be in US$, in any event, the exchange rate would be not less than 3.8 shekels to one US$ for 50% of the total Invoice, whereas the remaining 50% will be based on published official representative exchange rate.
14.4 The Customer shall forward to the Contractor a lump sum as an advanced payment equivalent to 50% of the payment due for the first 2000 units for financing initial raw material purchasing. In case of increasing purchase orders the customer will pay advance payment of 50% from total price of increased items for three (3) months.
14.5 Delay of payment to Contractor will bear interest according Bank Hapoalim published rate of annual exceptional interest.
14.6 Delay of payment for more than thirty (30) days will be considered breach of Agreement and cause for Termination.
Terms of Payments. 4-4.01 The producer shall turn over to the UDA payment of performer’s fees no later than fifteen
Terms of Payments. 4.7.1 Time for submitting invoices Contractor shall render to Company for performing the Work an official invoice in triplicate (one original plus two copies) for such amount as is justified in accordance with Contract. The Contractor shall raise invoice only after successful completion of Work and submission of all deliverables. All invoices shall be deemed to include all charges pertinent to the Work performed in the period covered.
