The Final Payment Sample Clauses

The Final Payment. The final payment under this Clause shall be made only after the final report and a final invoice, identified as such, shall have been submitted by the Consultant and approved as satisfactory by the Employer. The Services shall be deemed completed and finally accepted by the Employer and the final report and final invoice shall be deemed approved by the Employer as satisfactory ninety sixty(60) calendar days [or as specified in the SCCC] after receipt of the final report and final invoice by the Employer unless the Employer, within such sixty(60) calendar day [or as specified in the SCCC] period, gives written notice to the Consultant specifying in detail deficiencies in the Services, the final report or final invoice. The Consultant shall thereupon promptly make any necessary corrections, and thereafter the foregoing process shall be repeated. Any amount that the Employer has paid or has caused to be paid in accordance with this Clause in excess of the amounts payable in accordance with the provisions of the Call-Off Contract shall be reimbursed by the Consultant to the Employer within thirty (30) days after receipt by the Consultant of notice thereof. Any such claim by the Employer for reimbursement must be made within twelve (12) calendar months after receipt by the Employer of a final report and a final invoice approved by the Employer in accordance with the above. e. All payments under the Call-Off Contract shall be made to the accounts of the Consultant specified in the SCCC. f. With the exception of the final payment under (d) above, payments do not constitute acceptance of the Services nor relieve the Consultant of any obligations hereunder. Interest on Delayed Payments 54.1 If the Employer had delayed payments beyond fifteen (15) days after the due date stated in Clause GCCC 52.1 (c), interest shall be paid to the Consultant on any amount due by, not paid on, such due date for each day of delay at the annual rate stated in the SCCC.
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The Final Payment. The final payment under this Clause shall be made only after the final report has been submitted by the Consultant and approved as satisfactory by the Procuring Entity. The Services shall then be deemed completed and finally accepted by the Procuring Entity. The last lump-sum installment shall be deemed approved for payment by the Procuring Entity within ninety (90) calendar days after receipt of the final report by the Procuring Entity unless the Procuring Entity, within such ninety (90) calendar day period, gives written notice to the Consultant specifying in detail deficiencies in the Services, the final report. The Consultant shall thereupon promptly make any necessary corrections, and there after the fore going process shall be repeated.
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The Final Payment. The final payment under this Clause shall be made only after the final report and a final invoice, identified as such, shall have been submitted by the Consultant and approved as satisfactory by the Client. The Services shall be deemed completed and finally accepted by the Client and the final report and final invoice shall be deemed approved by the Client as satisfactory ninety (90) calendar days after receipt of the final report and final invoice by the Client unless the Client, within such ninety (90) calendar day period, gives written notice to the Consultant specifying in detail deficiencies in the Services, the final report or final invoice. The Consultant shall thereupon promptly make any necessary corrections, and thereafter the foregoing process shall be repeated. Any amount that the Client has paid or has caused to be paid in accordance with this Clause in excess of the amounts payable in accordance with the provisions of this Contract shall be reimbursed by the Consultant to the Client within thirty (30) days after receipt by the Consultant of notice thereof. Any such claim by the Client for reimbursement must be made within twelve (12) calendar months after receipt by the Client of a final report and a final invoice approved by the Client in accordance with the above.
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The Final Payment. Within five (5) Business Days after the date of this Agreement, the Buyer shall make the Final Payment to the Sellers by wire transfer of immediately available funds to an account identified in writing by Sellers. The Final Payment shall be in full and final satisfaction of all amounts that remain payable to Sellers under Section 1.05 of the APA.
Sample 1
The Final Payment. The final payment under this Clause shall be made only after the final report has been submitted by the Tenderer and approved as satisfactory by KoTDA. The Services shall then bedeemed completed and finally accepted by KoTDA. The last lump-sum installment shall be deemed approved for payment by KoTDA within ninety (90) calendar days after receipt of the final report by KoTDA unless KoTDA, within such ninety (90) calendar day period,gives written notice to the Tenderer specifying in detail deficiencies in the Services, the final report. The Tenderer shall thereupon promptly make any necessary corrections, and there after the fore going process shall be repeated.
Sample 1
The Final Payment. The final payment under this Clause shall be made only after the final report and a final invoice, identified as such, shall have been submitted by the Tenderer and approved as satisfactory byKoTDA. The Services shall be deemed completed and finally accepted by KoTDA and the final report and final invoice shall be deemed approved by KoTDA as satisfactory ninety (90) calendar days after receipt of the final report and final invoice by KoTDA unlessKoTDA, within such ninety (90) calendar day period, gives written notice to the Tendererspecifying in detail deficiencies in the Services, the final report or final invoice. The Tenderer shall thereupon promptly make any necessary corrections, and thereafter the foregoing process shall be repeated. Any amount that KoTDA has paid or has caused to be paid in accordance with thisClause in excess of the amounts payable in accordance with the provisions of this Contract shall bereimbursed by the Tenderer to KoTDA within thirty (30) days after receipt by the Tenderer of notice thereof. Any such claim by XxXXX for reimbursement must be made within twelve (12) Calendar month s after receipt t by XxXXX of a final report and a final invoice approved by KoTDA in accordance with the above. e All payments under this Contract shall be made to the accounts of the Tenderer specified in the SCC. f With the exception of the final payment under (d) above, payments do not constitute acceptance of the Services nor relieve the Tenderer of any obligations here under.
Sample 1
The Final Payment. (a) In the event that, by the third anniversary of the Effective Date, and subject to the provisions of subsection (b) of this Section 2.4 and Sections 3.3(d) and 3.5 hereof, one of the following conditions applies: (i) The Amersham Estate has not been foreclosed upon and sold pursuant to the Cronos Charging Orders; (ii) Notwithstanding that Contrin has secured the Contrin Freezing Injunction on or prior to the date of the foreclosure and sale of the Amersham Estate pursuant to the Cronos Charging Orders, Cronos has not deposited the Austrian Charging Order Net Proceeds to the Escrow pursuant to the provisions of Section 3.4(a) hereof; or (iii) Cronos has deposited the Austrian Charging Order Net Proceeds to the Escrow pursuant to the provisions of Section 3.4(a) hereof, but the sum of (A) the installments of the Initial Payment made by Cronos to Contrin under Section 2.1 hereof (including all supplements made by Cronos to the disbursements made by the Escrow Agent pursuant to the provisions of Section 4.2(b) hereof), (B) the payments of the 2005 Installment made by Cronos to Contrin under Section 2.3 hereof, (C) the disbursements made by the Escrow Agent to Contrin pursuant to the provisions of Section 4.2(b) and (c) hereof, (D) the amount of Cronos Net Proceeds deposited by Cronos to Escrow pursuant to the provisions of Section 2.2(b) hereof (and not disbursed by the Escrow Agent to Contrin pursuant to the provisions of Section 4.2(b) and (c) hereof), and (E) the Austrian Charging Order Net Proceeds deposited by Cronos to the Escrow (and not disbursed by the Escrow Agent to Contrin pursuant to the provisions of Section 4.2(b) hereof) do not total U.S. Three Million Five Hundred Thousand Dollars (U.S. $3,500,000), then and in any such event, the Cronos Defendants shall make a final payment (the "Final Payment") by deposit to the Escrow in an amount equal to the difference between (i) U.S. Three Million Five Hundred Thousand Dollars (U.S. $3,500,000) and (ii) the sum of (A) installments theretofore made by Cronos to Contrin of the Initial Payment pursuant to the provisions of Section 2.1 hereof (including all supplements made by Cronos to the disbursements made by the Escrow Agent pursuant to the provisions of Section 4.2(b) hereof), (B) the payments of the 2005 Installment made by Cronos to Contrin under Section 2.3 hereof, (C) the amount of any disbursement made by the Escrow Agent to Contrin pursuant to the provisions of Section 4.2(b) and (c) hereof, (...
Sample 1
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The Final Payment. On or before the Closing Date, Developer shall deposit with Escrow Holder the remainder of the Purchase Price in the amount of ($ ), subject to adjustments for all closing costs and prorations allocated to Developer under Sections 3 and 4 of this Agreement (collectively, the “Final Payment”).
Sample 1

Related to The Final Payment

  • Final Payment All items or Automated Clearing House (ACH) transfers credited to your account are provisional until we receive final payment. If final payment is not received, we may charge your account for the amount of such items or ACH transfers and impose a return item charge on your account. Any collection fees we incur may be charged to your account. We reserve the right to refuse or return any item or funds transfer.

  • Additional Payment In addition to any Spousal Support, in the event of Divorce: (check one)

  • FINAL PAYMENT AND CLOSE-OUT A. If a DBE/MBE/WBE Program Plan is agreed to and the Contractor has identified Subcontractors, the Contractor is required to submit a Contract Close-Out MBE/WBE Compliance Report to the Purchasing Manager no later than the 15th calendar day after completion of all work under the contract. Final payment, retainage, or both may be withheld if the Contractor is not in compliance with the requirements as accepted by the City. B. The making and acceptance of final payment will constitute: i. a waiver of all claims by the City against the Contractor, except claims (1) which have been previously asserted in writing and not yet settled, (2) arising from defective work appearing after final inspection, (3) arising from failure of the Contractor to comply with the Contract or the terms of any warranty specified herein, (4) arising from the Contractor’s continuing obligations under the Contract, including but not limited to indemnity and warranty obligations, or (5) arising under the City’s right to audit; and ii. a waiver of all claims by the Contractor against the City other than those previously asserted in writing and not yet settled.

  • Additional Payments If, for any taxable year, Executive shall be liable for the payment of an excise tax under Section 4999 and/or Section 409A or other substitute or similar tax assessment (the “Excise Tax”) of the Internal Revenue Code of 1986, as amended (the “Code”), including the corresponding provisions of any succeeding law, with respect to any payments or benefits under Section 9 of this Agreement or Sections 7 or 8 or any other provision of this Agreement, including but not limited to this Section 12 or under any benefit plan of the Company applicable to Executive individually or generally to executives or employees of the Company, then, notwithstanding any other provisions of this Agreement, 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 the Excise Tax imposed on all such payments and benefits and of the federal, state and local income tax and Excise Tax imposed upon payments provided for in this Section 12, shall be equal to the payments and benefits due to the Executive hereunder and the payments and/or benefits due to the Executive under any benefit plan of the Company. Each Gross-Up Payment shall be made to Executive or as provided in Section 16 hereof, upon the later of (i) five (5) days after the date the Executive notifies the Company of its need to make such Gross-Up Payment, or (ii) the date of any payment causing the liability for such Excise Tax. The amount of any Gross-Up Payment under this section shall be computed by a nationally recognized certified public accounting firm designated jointly by the Company and the Executive. The cost of such services by the accounting firm shall be paid by the Company. If the Company and the Executive are unable to designate jointly the accounting firm, then the firm shall be the accounting firm used by the Company immediately prior to the Change in Control.

  • Payment of Fee The cash management fee referred to in Clause 9.1 (Fee Payable) shall only be payable to the Current Issuer Cash Manager on each Payment Date in the manner contemplated by, in accordance with and subject to the provisions of the Current Issuer Pre-Enforcement Revenue Priority of Payments or, as the case may be, the Current Issuer Post-Enforcement Priority of Payments.

  • Payment of Note Mortgagor will pay all principal, interest, and other sums payable under the Note, on the date when such payments are due, without notice or demand.

  • Additional Payment Terms All payments must be made in U.S. dollars and delivered to us at any one of our branch offices or to the address shown on the monthly statement. If we receive your payment before 5:00 p.m. (Mountain Standard Time) on a business day, at the address shown on the front of your monthly statement or at any of our branch offices, we will credit your payment as of the date of receipt. All other payments will be credited to your Account on the next business day following receipt. We may accept late or partial payments as well as payments marked “PAID IN FULL” or other restrictive endorsements, without losing any of our rights under this Agreement and without such payments constituting full accord and satisfaction of the debt. If you make payments using personal checks, and your financial institution refuses to pay the check and returns it to us, you agree to pay a Return Payment Fee. If your loan Account balance is less than the minimum payment amount you must pay the entire balance. You may repay all or part of what you owe at any time. However, so long as you owe any amount you must continue to make your periodic minimum payment. Your minimum monthly payment will be allocated to your account in accordance with all applicable laws and regulations. Personal Identification Number. We will issue you a Personal Identification Number (“PIN”) to be used with your Card. You agree not to write this PIN on your Card, and not to carry your PIN with you at the same time as you carry your Card. We will treat any charge made by you using your Card and PIN as having been authorized by you. If you keep your PIN with the Card, we can refuse to reissue your Card. Change of Terms. We can change the terms of this Agreement, including all fees, other charges and Annual Percentage Rate, at any time, subject to applicable laws and regulations. Events of Default. You are in default if you fail to pay the minimum payment listed on each billing statement on time, file for bankruptcy, exceed your credit limit without our permission, or default on this or any other Nusenda Federal Credit Union Card Agreement you have with us. If you are in default, we may close your Account and require a shorter amortization of your account balance, subject to applicable laws and regulations. No notice is required. We may also declare the whole balance due if you die, if you make false or misleading statements on your application, or if other creditors attach or garnish your property. If you have given us a security interest in a share Account, share draft Account, or certificate of deposit, we may use the deposit amount to pay any amount you owe us. Collection Costs. If we have to refer collection of your Account to a lawyer (who is not our salaried employee), to the extent permitted by law, you will have to pay our attorney’s fee plus court costs and any other fees.

  • Payment Schedule The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated timber volumes by the prices given in Section 44 less the amount of the project work. Cash bid deposits shall be applied to the initial payment. Subsequent payments shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated bid value less the initial payment by 9; with the total estimated bid value being the sum obtained by multiplying the estimated timber volumes by the prices given in Section 44 less the amount of the project work. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

  • Up-Front Fee The Borrowers shall pay to the Agent an up-front fee in the amount and at the times agreed in a Fee Letter.

  • Repayment Schedule Repayments shall be made semiannually (twice per year). The Semiannual Loan Payment shall be computed based upon the principal amount of the Loan plus the estimated Loan Service Fee and the principle of level debt service. The Semiannual Loan Payment amount may be adjusted, by amendment of this Agreement, based upon revised information. After the final disbursement of Loan proceeds, the Semiannual Loan Payment shall be based upon the actual Project costs, the actual Loan Service Fee and the Loan Service Fee capitalized interest, if any, and actual dates and amounts of disbursements, taking into consideration any previous payments. Actual Project costs shall be established after the Department's inspection of the completed Project and associated records. The Department will deduct the Loan Service Fee and any associated interest from the first available repayments following the Final Amendment. Each Semiannual Loan Payment shall be in the amount of $140,599 until the payment amount is adjusted by amendment. The interest portion of each Semiannual Loan Payment shall be computed on the unpaid balance of the principal amount of the Loan, including Capitalized Interest. Interest also shall be computed on the unpaid balance of the Loan Service Fee. Interest shall be computed as of the due date of each Semiannual Loan Payment. Semiannual Loan Payments shall be received by the Department beginning on October 15, 2021 and semiannually thereafter on April 15 and October 15 of each year until all amounts due hereunder have been fully paid. Funds transfer shall be made by electronic means. The Semiannual Loan Payment amount is based on the total amount to be repaid of $5,105,900, which consists of the Loan principal and the estimated Loan Service Fee.

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