Third Party Amounts Clause Samples

The 'Third Party Amounts' clause defines the obligations of the parties regarding payments or amounts owed to entities or individuals who are not direct parties to the contract. Typically, this clause clarifies whether one party is responsible for settling debts, fees, or other financial obligations to third parties that arise in connection with the contract's subject matter. For example, it may specify who must pay government fees, subcontractor charges, or licensing costs. Its core function is to allocate responsibility for third-party payments, thereby preventing disputes and ensuring that all external financial obligations are clearly addressed.
Third Party Amounts. The Cash Manager shall hold any Third Party Amounts received by the Guarantor for the Seller and transfer the same to the account and/or for the use of the entity entitled to such Third Party Amounts.
View SourceView Similar (11)
Third Party Amounts. The Cash Manager shall withdraw any Third Party Amounts (to the extent identified) on a daily basis from the GIC Account (provided that there are sufficient funds standing to the credit of the GIC Account to meet such payment) to make payment to the persons entitled thereto except where such payments have already been provided for elsewhere.
View SourceView Similar (10)
Third Party Amounts. The Cash Manager shall withdraw any Third Party Amounts received by the LLP and standing to the credit of an LLP Account and pay the same to the relevant entity entitled to those Third Party Amounts provided that there are sufficient amounts standing to the credit of the relevant LLP Account to meet such payment. Third Party Amounts due to the Seller shall be paid by telegraphic transfer to such account as may be specified by the Seller from time to time, promptly following a request for such withdrawal being received from the Seller.
View SourceView Similar (5)
Third Party Amounts. The Cash Manager shall withdraw any Third Party Amounts (to the extent identified by the Servicer) on a daily basis from the Deposit Account (provided that there are sufficient funds standing to the credit of the Deposit Account to meet such payment) to make payment to the persons entitled thereto except where such payments have already been provided for elsewhere (and shall act upon any instructions from the Servicer in this regard).
View SourceView Similar (4)
Third Party Amounts. The Guarantor will pay to the Seller all Third Party Amounts actually received by the Guarantor on each Guarantor Payment Date from amounts on deposit in the GDA Account (or, as applicable, the Standby GDA Account). The Seller will pay any amounts to be paid to any third party with respect to such Third Party Amounts.
View SourceView Similar (2)
Third Party Amounts. The obligation of Sellers to ------------------- indemnify Buyer for Indemnifiable Events shall be reduced dollar for dollar by the amount of (i) any monies received by Buyer from any third parties including insurance companies and (ii) any tax benefit to Buyer net of any reimbursement or other payment obligation of Buyer with respect to the claim to any third party. Buyer shall be deemed to realize a tax benefit only to the extent of any actual reduction in income taxes otherwise payable by Buyer in the year the claim is paid. To the extent that Sellers obligation to indemnify Buyers is reduced by this Section 12.5(b), the Adverse Consequences of the applicable Indemnifiable Event shall not include the amount of such reduction and such amount shall not apply to calculating either the maximum liability set forth in Section 12.5(c) or the threshold set forth in Section 12.5(a).
View Source
Third Party Amounts. Notwithstanding the foregoing provisions of this Clause 20, any moneys (including any Insurances Proceeds) received by either Representative which are identifiable as amounts properly due to third parties pursuant to the indemnity provisions of the Transaction Documents or otherwise shall be applied by such Representative in payment to such third parties.
View Source

Related to Third Party Amounts

  • Third Party Costs The Advisor or its Affiliates may incur third-party costs in connection with the performance of applicable services pursuant to this Agreement, which third-party costs shall be separately reimbursed pursuant to Paragraph 10 hereof.

  • Third Party Payments 1. In partial consideration for the rights granted to Licensee under this Agreement, including without limitation Patent and know-how licenses and other proprietary rights, Licensee shall pay any royalty payments[***] to the extent such payments arise from activities of Licensee or its Affiliates or Sublicensees in the Territory pursuant to this Agreement. The Parties shall each pay [***] or [***] to any other Third Party in consideration for [***] (payments to other Third Parties shall be referred to as the “Third Party Payments”) necessary to [***]; provided, however, that Licensee shall pay the Third Party Payments necessary to [***], unless [***]. 2. If Licensee is Manufacturing Product pursuant to Section 5.2 (Licensee Manufacturing Option), and the Parties mutually agree that BioGenerics will purchase Product Manufactured by Licensee[***] for sale in markets outside of the Territory, then [***]. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. A. Opt-Out Prior to Commercialization. Licensee shall have the right to terminate the Agreement on a Product-by-Product and country-by-country basis only during the period of time specified below following the occurrence of each milestone (i) through (vi) as set forth in the table below (each period of time, an “Opt-out Window”), and, except for the case of (vi) below, only (a) if Licensee concludes, in good faith, that the Development and/or Commercialization of such Product or in such country is not commercially viable, (b) if Licensee concludes, in good faith, that there are material safety, efficacy or patient tolerability issues with such Product that cannot be remedied or overcome, or (c) if Licensee concludes, in good faith, that it would be difficult to Develop and/or Commercialize the Product in a country in the Territory due to its internal/portfolio reason. (i) [***] [***] (ii) [***] [***] (iii) [***] [***] (iv) [***] [***] (v) [***] [***] (vi) [***] [***] 1. For the avoidance of doubt, in each of (i) through (vi), Licensee may [***], and [***]. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

  • Third Party Access Client is prohibited from disclosing data from the Data Set to any third party without obtaining written permission from Oracle.

  • Third Party Contracts From the Effective Date through and including the Closing Date, Seller agrees to enter into only those third-party contracts which are necessary to carry out its obligations under Section 5.2, which shall be on market terms and cancellable on thirty (30) days written notice or less, without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

  • Third-Party Charges Customer may incur charges from third party service providers that are separate and apart from the amounts charged by Comcast. These may include, without limitation, charges resulting from accessing on-line services, calls to parties who charge for their telephone based services, purchasing or subscribing to other offerings via the Internet or interactive options on Public View Video, Video, or otherwise. Customer agrees that all such charges, including all applicable taxes, are Customer’s sole responsibility. In addition, Customer is solely responsible for protecting the security of credit card information provided to others in connection with such transactions.