Balance Payment means the balance of the Advertised Rate payment plus any extras not already paid for due after the Booking Payment is made by The Client. This is approximately 50% to 60% of the Advertised Rate. This is due for payment 6 calendar months before the Check-In Date. If the Check-In Date falls in under 6 calendar months, then this payment will be collected as part of the Booking Payment;
Balance Payment shall have the meaning set forth in Section 4.
Balance Payment balance payment representing at maximum the difference between the sum of the 1st and 2nd payments and the total grant for the Partner, as specified in Article 5, Clause 1 hereinbefore; due within 30 days after the remittance of the balance payment by DZS to the Beneficiary, provided that the Partner will have fulfilled all duties with deadlines scheduled before the final report date; the balance payment may amount to a lower sum than the assumed one if the balance payment from DZS to the Beneficiary also amounts to a lower sum than assumed; the balance payment may amount to a higher sum than the assumed one if the 2nd payment is reduced, provided that the Partner will have fulfilled all duties with deadlines scheduled before the final report date and that the reduction of the 2nd payment will not result in reduction of the total grant contribution provided by DZS to the Beneficiary; the maximum amount of the balance payment is specified in Annex 4, Clause 3c) of this contract. All payments shall be regarded as advances pending explicit approval by DZS of the final report, the corresponding cost statement and the quality of the project results. The Partner is responsible for providing financial resources for the project implementation in the case that the advances are delayed after the real spending of the budget. The Beneficiary and the Partner have agreed that all financial transactions which the Beneficiary is entitled to claim under this contract will be made by means of bank transfer to the bank account of the Partner as specified in Annex 4, Clause 4 of this contract.
Examples of Balance Payment in a sentence
Balance Payment: Balance 75% Payment for the full value of the lot (along with GST and /or TCS) shall be deposited by the Buyer to WCL through NEFT/ RTGS within 15 days from the date of Sale Order (if the lot value is less than Rs.50 Lakhs) or within 30 days (if the lot value is More than Rs.50 Lakhs.
Should the Purchaser wish to pay the then remaining balance of the Transaction Price earlier than the Balance Payment Date, the Purchaser may at any time after the First Instalment Payment Date but before the date falling one calendar month before the date of the Balance Payment Date issue a written notice to the Vendor in which case the Purchaser shall pay the then remaining balance of the Transaction Price on the date falling one calendar month after the date of that notice.
Balance Payment: Balance 10 percent payment shall be paid within 30 days of receipt of claim supported by the acceptance certificate issued by the Purchaser’s representative.Payment of local currency portion including Agency commission, if any, including AMC shall be made in Indian currency within 30 days of presentation of claim supported by a Certificate from the purchaser declaring that the goods have been delivered and all other contract services have been performed.
If payment of the Balance Payment is overdue for more than 60 business days, the Seller is also entitled to demand that the Purchaser pay liquidated damages equal to 10 per cent.
If the Seller fails to refund the part of the Compensation paid to the Seller pursuant to the Compensation Agreement, or does not promptly provide the necessary assistance in arranging for the release of the Compensation Balance Payment from the Compensation Escrow Account according to the request of the Purchaser or the Compensation Escrow Bank, in addition to the liquidated damages, the Seller shall pay a penalty to the Purchaser at a rate of 0.04 per cent.
More Definitions of Balance Payment
Balance Payment has, in respect of each Aircraft, the meaning assigned to it in Clause 6.2.8.
Balance Payment. If no other payment is received 30 days prior to arrival, we will automatically run the balance on the credit card on file. Balance is due no later than 30 days prior to your arrival date. We can keep the balance payment on the same credit card used for the initial payment, you can call with a different card, or a check or money order can be issued at least 30 days prior to your arrival. Please send your check or money order with a signed copy of the rental agreement. Make check payable to: Freewheeler Vacations, Inc. Mail to: Freewheeler Vacations, Inc., PO Box 1634 Islamorada, FL 33036 DAMAGE WAIVER: Every reservation requires either (1) a $39 damage waiver (“Vacation Rental Damage Waiver”) OR (2) a $1500 refundable security deposit paid via cash or check (credit cards are not accepted). This Vacation Rental Damage waiver covers unintentional damages to the rental unit interior that occur during your stay, provided they are disclosed to management prior to check out. The waiver will pay a maximum benefit of $1500. Any damages that exceed $1500 will be charged to the credit card on file. If you damage the real or personal property assigned to your rental accommodation during the trip, the Insurer will reimburse the lesser of the cost of repairs or replacement of the property, up to $1500. Certain terms and conditions apply. Full details of the Vacation Rental Waiver coverage are below: The Damage Waiver is a fee added to the reservation total. When reported immediately, it covers the registered guest against any accidental damage to the unit or its contents for an amount not to exceed $1500.00. This fee eliminates the necessity of the traditional security deposit. The Damage Waiver gives our guests a complete and total peace of mind by knowing “When accidents happen…You are covered!” Terms and Conditions: Coverage includes accidental (unintentional) damages only. Damage caused by acts of violence or malicious acts will not be covered. Damage is limited to the rental unit you are occupying under the terms of your confirmation and does not cover any other structure. Coverage includes the interior of the unit including furnishings, appliances and other fixtures. Coverage includes limited damage to the exterior including porches. Guest's personal items such as luggage, clothing, electronics or any other items that are not a part of the rental property are not covered under this coverage. Vehicles of any kind are not covered. Damage must be repor...
Balance Payment means the balance of the Advertised Rate payment plus any Extras not already paid for due to the Property Provider from the Renter after the Booking Payment has been paid. This will be approximately 60% of the Advertised Rate. If applicable, this is payable 6 (six) calendar months before the Check-In Date. If the Check-In Date is within 6 calendar months from the initial booking date, then this payment will be collected as part of the Booking Payment. We will collect this on behalf of the Property Provider in most instances via online card payment facilities. Occasionally it is paid direct to the Property Provider;
Balance Payment means the balance of the Trip Cost after payment of the Deposit and Interim Payment. “Booking Conditions” means these booking conditions. “Booking Confirmation” means the paper or electronic document issued by STC on receipt of the Deposit which confirms that the Contract has come into existence. "Code of Conduct" means the set of rules and guidelines that the School and every Participant agrees to abide by whilst on the Trip.
Balance Payment. The Balance Payment is the difference between the Deposit for Travel and the total cost of the safari/travel services as reflected on the face of the relevant Sikeleli Travel Invoice sent to the traveller. The Balance Payment of the cost of the safari/travel services must be paid no later than eight weeks before the departure date of travel. Payment for Amendments: Payment for any amendments made by the traveller to their itinerary which increase the cost of the safari/travel services, shall be made no later than the time of the Balance Payment. Any amendments made by the traveller to their itinerary which reduce the cost of the Safari/travel services shall be made by a refund from Sikeleli Travel to the traveller no later than fourteen days after the Balance Payment is received. COVID-19 Should a traveller(s) test positive for COVID-19 prior to or during their planned trip, our team will provide assistance with travel logistics and bookings for a property set up for quarantine stays. However, the costs for these additional services and any consequent or related charges shall be borne upon the traveller(s). 0000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxxxx, X0X 0X0, Xxxxxxx Xxxxxxxx, Xxxxxx. Cancellations, Conditions & Charges The Agency’s standard cancellation terms are as follows. Cancellation of the traveller’s booking must be in writing. Cancellations are only valid upon receipt of written notification whereupon the deposit for travel deposit is forfeited, unless otherwise specifically agreed in writing. These are extracts of cancellation policies, which have been taken verbatim from the relevant operator’s and providers terms & conditions. Cancellation fees are levied when the traveller cancels confirmed reservations. The costs of the cancellation fees will escalate the closer the traveller cancels to his/her confirmed departure date. Penalties escalate from forfeiting the deposit for travel to full price 6 weeks out as follows: • Sikeleli Travel requires a non-refundable deposit for travel of 30% of the total cost of the safari/travel services. Payment of the deposit for travel will secure all booking on the traveller’s itinerary and will also be deemed as acceptance, by the traveller, of the terms and conditions of the Agreement. • If a cancellation is made by the traveller between 55 to 42 days (approximately 6-8 weeks) prior to the date of departure (the first day of the safari/travel services), the traveller loses 50% of the total safari/travel services price....