Untimely Payments Sample Clauses

Untimely Payments. If within thirty (30) days from the date payment to the Contractor is due, the Owner, without cause or basis hereunder, fails to pay the Contractor any amounts then due and payable to the Contractor, the Contractor shall have the right to cease Work until receipt of proper payment after first providing ten (10) days written notice of its intent to cease Work to the Owner.
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Untimely Payments. If within thirty (30) days from the date payment to the Contractor is due, the Owner, without cause or basis hereunder, fails to pay the Contractor any amounts then due and payable to the Contractor, the Contractor shall have the right to cease Work until receipt of proper payment after first providing ten (10) days written notice of its intent to cease Work to the Owner. Payments due from the Owner to the Contractor under the terms of this Contract which remain unpaid for thirty (30) days after the date when due will thereafter accrue interest at the rate of six percent (6%) per annum until payment of such amount as is due has been made in full provided that notice has been given as set forth in O.C.G.A. § 13-11-7. Acceptance of progress payments or final payment shall release all claims for interest on said payments. To the fullest extent allowed by law, the Contract Documents shall supersede all provisions of the Georgia Prompt Pay Act, O.C.G.A. § 13-11-1, et seq.
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Untimely Payments. Should Auto Care fail to make timely payment of any installment of the Compromise Payment, the County shall provide written notice of non-payment to Auto Care by certified letter to Auto Care and to its counsel at the address provided herein for notices. Auto Care shall then have thirty (30) days from the delivery of the notice of non-payment to Auto Care’s counsel (“Grace Period”) to cure such default by delivery of the past-due installment amount by a wire transfer, cashier’s check, or other certified funds to the County. Should any scheduled installment of the Compromise Payment not be received, via wire transfer or in certified funds, within the Grace Period, the County shall be entitled to the entry of a Default Final Judgment against Auto Care in the amount of Ninety-Seven Thousand Dollars ($97,000.00), less any Installment Payments made pursuant to the terms hereof. The County will be entitled to reasonable attorneys’ fees and costs incurred in the enforcement of the terms of this Agreement to obtain entry of the Default Final Judgment and for collection efforts incurred as to any Default Final Judgment described herein. Otherwise, the entry of a Default Final Judgment described herein shall be the County’s sole remedy for Auto Care’s failure to pay the Compromise Payment installments timely. In the event the Grace Period expires and the County has not received the past-due Installment Payment required under Paragraph 3 (provided written notice of non-payment was previously mailed by the County in accordance with this provision), the County may file a Motion for Entry of a Default Final Judgment and proposed Default Final Judgment in the form attached hereto as Exhibit B. Such Motion shall include an Affidavit of Non-Payment and Affidavit of Reasonable Attorneys’ Xxxx and Costs. A copy of such Motion shall be provided to Auto Care and Auto Care’s counsel at the time of filing. Auto Care’s only available defense to such properly filed Motion shall be with respect to the reasonableness of the attorneys’ fees and costs claimed and with respect to payment of the amount due on or before the date due or within the thirty-day Grace Period. Should Auto Care prevail in showing payment of the amount owing on or before the date due or within the thirty-day Grace Period, Auto Care shall be entitled to an award of its reasonable attorney’s fees and costs incurred in connection therewith. All other claims, defenses, and avoidances of Auto Care shall be waived and...
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Untimely Payments. If at any time and for any reason an amount is received by Lender on a date other than the date when that amount is due, and Lender thereby incurs any loss, costs, penalty or other damage, as a result of such untimely payment, Borrower shall reimburse Lender for such losses, costs, penalties and damages. Lender agrees to take reasonable steps to minimize Lender’s damages. Such reimbursements shall be payable within thirty (30) days of notice from Lender and shall bear interest at a rate equal to the interest rate applicable to the amount which was paid untimely.
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Untimely Payments. In the event the Company fails to make timely payment of a properly rendered invoice in accordance with Article 7, then the Company shall be responsible for any interest charged by a vendor or contractor as a result of the Company’s late payment. SIGNATURE PAGE TO PROJECT ADMINISTRATION SERVICES AGREEMENT BY AND AMONG EL SEGUNDO ENERGY CENTER LLC, NATURAL GAS REPOWERING LLC AND NRG WEST COAST LLC
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Untimely Payments. Any payment that CAR is required to make under this Section 4 that is not timely made shall, in addition to all other remedies as set forth in this Agreement and available under applicable law, bear interest at the Prime Rate plus two (2) percent.
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Related to Untimely Payments

  • Timely Payments LIFE COMPANY will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by LIFE COMPANY by 1:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable LIFE COMPANY to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.

  • Timely Payment Except as provided otherwise herein, payment for an invoice will be issued and mailed to the Consultant within thirty (30) calendar days of receipt of the invoice.

  • Early Payments The Obligor on the Receivable has made, or will make, the first two monthly payments under such Receivable.

  • Company Payments In the event that this Agreement is terminated by Parent or the Company, as applicable, pursuant to Sections 7.1(d), 7.1(f) or 7.1(h), Company shall promptly, but in no event later than two days after the date of such termination, pay Parent a fee equal to $50 million in immediately available funds; provided, that in the case of a termination under Sections 7.1(d) or 7.1(h) prior to which no Triggering Event has occurred, (i) such payment shall be made only if (A) following the date of this Agreement and prior to the termination of this Agreement, a person has publicly announced a bona fide Acquisition Proposal and (B) within nine months following the termination of this Agreement either a Company Acquisition (as defined below) is consummated, or the Company enters into an agreement providing for a Company Acquisition and such Company Acquisition is later consummated with the person (or another person controlling, controlled by or under common control with, such person) with whom such agreement was entered into (regardless of when such consummation occurs if the Company has entered into such an agreement within such nine-month period) and (ii) such payment shall be made promptly, but in no event later than two days after the consummation of such Company Acquisition (regardless of when such consummation occurs if the Company has entered into such an agreement within such nine-month period). Company acknowledges that the agreements contained in this Section 7.3(b) are an integral part of the transactions contemplated by this Agreement, and that, without these agreements, Parent would not enter into this Agreement. Accordingly, if the Company fails to pay in a timely manner the amounts due pursuant to this Section 7.3(b), and, in order to obtain such payment, Parent makes a claim that results in a judgment against the Company for the amounts set forth in this Section 7.3(b), Company shall pay to Parent its reasonable costs and expenses (including reasonable attorneys' fees and expenses) in connection with such suit, together with interest on the amounts set forth in this Section 7.3(b) at the prime rate of The Chase Manhattan Bank in effect on the date such payment was required to be made. Payment of the fees described in this Section 7.3(b) shall not be in lieu of damages incurred in the event of breach of this Agreement.

  • Monthly Payments On or before each Transfer Date, the Servicer shall instruct the Trustee in writing (which writing shall be substantially in the form of Exhibit B hereto) to withdraw and the Trustee, acting in accordance with such instructions, shall withdraw on such Transfer Date or the related Distribution Date, as applicable, to the extent of available funds, the amounts required to be withdrawn from the Finance Charge Account, the Principal Account, the Principal Funding Account and the Distribution Account as follows:

  • Delinquent Payments 8F.01 Timely payment of wages and contributions to all trust funds provided for in this Agreement is essential for the protection of the beneficiaries. Delinquency and continued failure to pay wages and/or remit contributions to the trust funds shall be dealt with as follows:

  • Quarterly Payments H3.15 The quarterly payment cannot be increased in cases of target over-achievement. The payments are given on cumulative outputs, in arrears, and therefore the maximum payment available will be given by the end of the Contract if the agreed (target) number of outputs is reached or exceeded.

  • Income Payments Seller shall be entitled to receive an amount equal to all Income paid or distributed on or in respect of the Securities that is not otherwise received by Seller, to the full extent it would be so entitled if the Securities had not been sold to Buyer. Buyer shall, as the parties may agree with respect to any Transaction (or, in the absence of any such agreement, as Buyer shall reasonably determine in its discretion), on the date such Income is paid or distributed either (i) transfer to or credit to the account of Seller such Income with respect to any Purchased Securities subject to such Transaction or (ii) with respect to Income paid in cash, apply the Income payment or payments to reduce the amount, if any, to be transferred to Buyer by Seller upon termination of such Transaction. Buyer shall not be obligated to take any action pursuant to the preceding sentence (A) to the extent that such action would result in the creation of a Margin Deficit, unless prior thereto or simultaneously therewith Seller transfers to Buyer cash or Additional Purchased Securities sufficient to eliminate such Margin Deficit, or (B) if an Event of Default with respect to Seller has occurred and is then continuing at the time such Income is paid or distributed.

  • Monthly Payment City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have 30 days from the receipt of an invoice that complies with all of the requirements above to pay Consultant.

  • Payments From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

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