Common use of Timing of Payment of Fee Clause in Contracts

Timing of Payment of Fee. CBXC shall pay and release Shares to STRATUS upon satisfaction of performance from time to tome in stages commencing within thirty (30) days from filing of the Registration Statement. Failure of CBXC to finally pay any Shares within thirty (30) days after the applicable due date shall be deemed a material breach of this Agreement, justifying suspension of the performance of the Services provided by STRATUS and will be sufficient cause for immediate termination of this Agreement by STRATUS, and such breach will cause this Agreement to be null and void.

Appears in 1 contract

Samples: Consulting Agreement (Cimbix Corp)

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Timing of Payment of Fee. CBXC shall pay and release Shares to STRATUS COSGROVE upon satisfaction of performance from time to tome time in stages commencing within thirty (30) days from filing of the Registration Statement. Failure of CBXC to finally pay any Shares within thirty (30) days after the applicable due date shall be deemed a material breach of this Agreement, justifying suspension of the performance of the Services provided by STRATUS COSGROVE and will be sufficient cause for immediate termination of this Agreement by STRATUSCOSGROVE, and such breach will cause this Agreement to be null and void.

Appears in 1 contract

Samples: Consulting Agreement (Cimbix Corp)

Timing of Payment of Fee. CBXC shall pay and release Shares to STRATUS ENGLOCAN upon satisfaction of performance from time to tome in stages commencing within thirty (30) days from filing of the Registration Statement. Failure of CBXC to finally pay any Shares within thirty (30) days after the applicable due date shall be deemed a material breach of this Agreement, justifying suspension of the performance of the Services provided by STRATUS ENGLOCAN and will be sufficient cause for immediate termination of this Agreement by STRATUSENGLOCAN, and such breach will cause this Agreement to be null and void.

Appears in 1 contract

Samples: Consulting Agreement (Cimbix Corp)

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Timing of Payment of Fee. CBXC shall pay and release Shares to STRATUS TURBYFIELD upon satisfaction of performance xx xxxxxxmance from time to tome time in stages commencing within thirty (30) days from filing of the Registration Statement. Failure of CBXC to finally pay any Shares within thirty (30) days after the applicable due date shall be deemed a material breach of this Agreement, justifying suspension of the performance of the Services provided by STRATUS TURBYFIELD and will be sufficient xxxxxcient cause for immediate termination of this Agreement by STRATUSTURBYFIELD, and such breach will cause xxxx xxxxx this Agreement to be null and void.

Appears in 1 contract

Samples: Consulting Agreement (Cimbix Corp)

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