Timing and Method of Payments. Each Contingent Fee shall become due and payable upon the earlier of the execution of any agreement or commitment with respect to the relevant Future Transaction or the consummation thereof, and shall be paid promptly upon consummation of the relevant Future Transaction. All amounts paid by the Company to the Advisor or its Advisor Designee pursuant to this Section 2 shall be made by wire transfer in same-day funds on the date of the consummation of the relevant Future Transaction to the respective bank accounts designated by the Advisor or its Advisor Designee, and shall not be refundable under any circumstances.
Timing and Method of Payments. Milestone payments shall be made on or before the [***] following the occurrence of the event giving rise to the milestone payment obligation hereunder. All payments shall be made by wire transfer in U.S. dollars to the credit of such bank account as may be designated by VERTEX in writing to MITSUBISHI from time to time. Any payment which falls due on a date which is a Saturday, Sunday, MITSUBISHI’s non-working day or a legal holiday in Japan may be made on the next succeeding day which is not a Saturday, Sunday, MITSUBISHI’s non-working day or a legal holiday in Japan.
Timing and Method of Payments. All amounts payable under this Section 3.3 shall be made on or before the [***] following MITSUBISHI’s receipt of invoices from VERTEX with respect thereto. All payments shall be made by wire transfer in U.S. dollars to the credit of such bank account as may be designated by VERTEX in writing to MITSUBISHI from time to time.
Timing and Method of Payments. If the due date of any payment under this Note shall be a day that is not a Business Day, then the due date shall be extended to the next succeeding Business Day and such extended time shall be included in the computation of interest.
Timing and Method of Payments. (a) All payments to be made by a payor Party to a payee Party pursuant to Article II , Section 10.3 or the IPLA may be made by wire transfer of immediately available funds to the account specified by the payee at least three (3) Business Days prior to such payment (which account, once specified, will be used for all future payments to such payee Party unless notice of a new account is given by the payee at least three (3) Business Days prior to any payment to be made to such new account), and/or may be set off against any other payment then due and payable by such payee Party to such payor Party pursuant to Article II , Section 10.3 or the IPLA, to the extent permitted by applicable Laws.
Timing and Method of Payments. Milestone payments shall be made on or before the [******************] following the occurrence of the event giving rise to the milestone payment obligation hereunder; provided that the first milestone payment referenced above with respect to the Drug Product Candidate shall be due and payable within [**************] of SERONO's receipt from VERTEX of an executed original of this Agreement. All payments shall be made by wire transfer in United States dollars to the credit of such bank account as may be designated by VERTEX in writing to SERONO from time to time. Any payment which falls due on a date which is a Saturday, Sunday or a legal holiday in the Commonwealth of Massachusetts may be made on the next succeeding day which is not a Saturday, Sunday or a legal holiday in the Commonwealth of Massachusetts.
Timing and Method of Payments. The Settlement Amount described in Subsection 1.2 shall be paid on or before September 15, 2020.
Timing and Method of Payments. Unless otherwise specified in this Agreement, payment of the Commitment Fee, Transaction Fee, and expense reimbursement by the Company will be paid to Mavericks in U.S. dollars by wire transfer to the account or accounts identified by Mavericks in writing to the Company as follows: (a) as to the Commitment Fee and reimbursement of expenses, within five (5) business days after receipt by the Company from Mavericks of an invoice therefor, (b) as to a Financing or Strategic Partnership Transaction Fee, within five (5) business days after the Company’s receipt (or, as relevant, the receipt by its equityholders, depending on the structure of the Transaction) of the relevant Aggregate Consideration, and (c) as a Sale of Company Transaction Fee, contiguous to the Company’s receipt (or, as relevant, the receipt by its equityholders, depending on the structure of the Transaction) of the relevant Aggregate Consideration. Transaction Fees due hereunder that are attributable Aggregate Consideration which is contingent upon the occurrence of a future event (excluding a customary escrow deposit if required in the case of a Sale of Company Transaction) will be paid by the Company to Mavericks within five (5) business days after the Company’s receipt of the relevant Aggregate Consideration which is contingent upon the occurrence of some future event.
Timing and Method of Payments. (a) Subject to the terms of this Article VI, after any final decision, judgment or award shall have been rendered by a Governmental Authority with competent jurisdiction (and a resolution of any appeal therefrom and the expiration of the time in which to appeal therefrom), or a settlement shall have been consummated, or the Indemnified Party and the Indemnifying Party shall have arrived at a mutually binding agreement, in each case, with respect to an indemnification claim hereunder: (i) if the Indemnified Party is an ARC Indemnified Party, Seller shall promptly pay, or cause to be paid, all sums due and owing to the ARC Indemnified Party in immediately available funds to an account specified by the ARC Indemnified Party, and (ii) if the Indemnified Party is a Seller Indemnified Party, ARC shall pay, or cause to be paid, all sums due and owing to the Seller Indemnified Party in immediately available funds to an account specified by Seller Indemnified Party (subject in all instances to clauses (i) and (ii) above, and to the limitations described in Section 6.4), in each case, within five business days of such final decision, judgment or award, or other settlement or agreement.
(b) In the event Seller fails to pay any amounts owed pursuant to this Article VI within the time period required hereby, ARC may set off the amount owed against the Earn-Out Payment.
Timing and Method of Payments a. Within thirty (30) days of Final Approval of the settlement, Xxxx will cause to be mailed to the last known addresses of Lassen and the Opt- In Plaintiffs checks totaling One Hundred Twenty Thousand Dollars ($120,000), in the specific amounts set forth in Schedule A to this Agreement (less withholdings as set forth in paragraph 5e). At the same time, Xxxx will cause to be mailed the check for the incentive award set forth in paragraph 5c to Lassen at his last known address. Xxxx also will cause to be mailed a check in the amount of Two Hundred Thousand Dollars ($200,000) or, if the Court approves an award of attorneys’ fees and costs less than Four Hundred Thousand Dollars ($400,000), one-half (1/2) the amount of attorneys’ fees and costs approved by the Court, payable to the Hayber Law Firm, LLC. Defendants’ Counsel will confirm to Plaintiffs’ Counsel the mailing of the payments referenced in this paragraph.
b. No later than January 15, 2018, Xxxx will cause to be mailed a check in the amount of Two Hundred Thousand Dollars ($200,000) or, if the Court approves an award of attorneys’ fees and costs less than Four Hundred Thousand Dollars ($400,000), one-half (1/2) the amount of attorneys’ fees and costs approved by the Court, payable to the Hayber Law Firm, LLC.
c. No later than June 1, 2018, Xxxx will cause to be mailed to the last known addresses of the members of the CMWA Class who timely join as set forth in paragraph 7b checks totaling One Hundred Thirty-Five Thousand Dollars ($135,000), in the specific amounts set forth by Plaintiffs’ Counsel in Schedule B to this Agreement (less withholdings as set forth in paragraph 5e) or such other amount as the Parties agree upon in the event that one or more members of the CMWA Class do not join the Lawsuit or opt-out of the settlement as set forth in paragraphs 7b and 7c. Defendants’ Counsel will confirm to Plaintiffs’ Counsel the mailing of the payments referenced in this paragraph.
d. In the event that Defendants do not make either of the final payments identified in paragraphs 8b and 8c, judgment shall enter for the entire amount due as of such date.
e. For each payment set forth in paragraphs 8a, 8b and 8c that Defendants pay after the due date, Defendants will pay an additional amount of One Thousand Dollars ($1,000) per month, to be allocated in equal shares to the Opt-In Plaintiffs.
f. For each payment set forth in paragraphs 8a, 8b and 8c that Defendants pay before the due date, Defendants will rece...
