Upon Payment Clause Samples

The 'Upon Payment' clause establishes that certain rights, obligations, or actions become effective only after payment has been made. In practice, this means that a party may not receive goods, services, or legal rights until the agreed-upon payment is completed; for example, a seller may withhold delivery until funds are received. This clause ensures that payment is a clear precondition for performance, protecting parties from the risk of non-payment and clarifying the sequence of contractual duties.
Upon Payment. 8.1 This clause 8 applies if the rental was arranged on Your behalf by a travel agent or travel wholesaler (each, an 8.2 You agree that this Agreement is conditional upon thl being paid by the Agent. 8.3 You remain liable for all Rental Charges and must pay thl any shortfall in the amount paid by the Agent to thl in accordance with this Agreement.
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Upon Payment. Where applicable, You agree that this Agreement is conditional upon Apollo being paid by the Travel Agent or Travel Wholesaler (“Agent”) who arranged this Agreement on Your behalf. You must pay Apollo any gap in the amount paid by You to the Agent and the amount that should have been paid to Apollo based on the applicable standard gross rental rate in respect of the Vehicle for the rental period. T&Cs subject to the hire are based on those provided by Apollo and not the abridged version or summary document of this Agreement provided by the Agent. This Agreement constitutes the entire Agreement between You and Apollo. Any T&Cs provided by any Travel Agent or Travel wholesaler do not supersede Apollo T&Cs.
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Upon Payment. 13.1 Where applicable, You agree that provision of any rental Vehicle is conditional upon Cruisin being paid by the travel agent or travel wholesaler who arranged the Vehicle on your behalf. Cruisin reserve the right to collect payment from You in the event of a failure by the travel agent or travel wholesaler to pay for the rental.
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Upon Payment. Where applicable, You agree that this Agreement is conditional upon Apollo being paid by the Travel Agent or Travel Wholesaler who arranged this Agreement on your behalf. You agree that You will pay to Apollo, upon demand, any shortfall based on the standard gross rental rate for the rental period.
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Upon Payment to any island (including Tasmania, but excluding Fraser Island and Moreton Island), provided written permission is obtained from Dealer prior to travel. When travelling to these locations clause 13.4 of this Agreement always applies.
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Upon Payment by the Lessee of the rents herein provided, and upon the observance and performance of all covenants, terms and conditions of Lessee’s part to be observed and performed, Lessee shall peacefully and quietly hold and enjoy the Premises for the term hereby demised without hindrance or interruption by Lessor, subject nevertheless, to the terms and conditions of this Lease.
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Related to Upon Payment

  • Non-Payment The Borrower or any other Loan Party fails to pay (i) when and as required to be paid herein, any amount of principal of any Loan or any L/C Obligation, or (ii) within three days after the same becomes due, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or (iii) within five days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or

  • CONDITIONAL UPON PAYMENT 12.1 Where applicable, You agree that this Agreement is conditional upon Apollo being paid by the Travel Agent or Travel Wholesaler (Agent) who arranged this Agreement on Your behalf. You must pay Apollo any shortfall in the amount paid by You to the Agent and the amount that should have been paid to Apollo based on the applicable standard gross rental rate in respect of the Vehicle for the rental period.

  • Termination Payment The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

  • Consideration Payment The consideration paid to Contractor is the entire compensation for all Work performed under this Agreement, including all of Contractor's approved reimbursable expenses incurred, such as travel and per diem expenses, unless otherwise expressly provided, as set forth in Exhibit 8 (Fees, Pricing and Payment Terms).

  • Termination Payments (a) In the event that the Employment Term is terminated for any reason other than by the Company without Cause or by the Employee with Good Reason: (A) the Company shall pay to the Employee any Base Salary accrued hereunder on or prior to the date of termination but not theretofore paid to the Employee; and (B) the Employee shall be entitled, in accordance with the terms and conditions of the applicable plan, program or arrangement, to all benefits accrued under any benefit plans, programs or arrangements in which the Employee shall be a participant as of the date of termination, including any Bonus earned, declared and payable (but not yet paid) in accordance with Section 3(b) hereof in respect of the then current fiscal year, or if the Bonus in respect of the then current fiscal year has not yet been earned, declared and become payable, in respect of the fiscal year ended immediately prior to the date of termination (the "Accrued Benefits"). Notwithstanding the foregoing, the Bonus amount in respect of fiscal year 2000 under Section 3(b) shall be deemed earned, declared and payable. (b) Subject to paragraph (c) of this Section 11 below, in the event that the Employment Term is terminated by the Company without Cause or by the Employee for Good Reason: (A) the Company shall pay to the Employee any Base Salary accrued hereunder on or prior to the date of termination but not theretofore paid to the Employee; (B) the Company shall pay the Employee a lump sum amount equal to two (2) times the Employee's annual Base Salary at the time of the Employee's termination of employment; (C) the Company shall pay the Employee an amount equal to two (2) times the Bonus paid (or to be paid) to the Employee for the then current fiscal year, or if the Bonus in respect of the then current fiscal year has not yet been earned, declared and become payable, in respect of the fiscal year preceding the fiscal year in which such termination occurs; and