Company Payment definition
Company Payment has the meaning set forth in Section 6.1(a) of this Agreement.
Company Payment shall have the meaning ascribed to such term in Section 11(b) hereof.
Company Payment. Any company with an account with Global Paws will be charged a 7.5 percent administration fee if their statement has not been paid in full thirty days after the shipment and the statement needs to be re-submitted for payment. • Change of travel dates: Should the client decide to change the travel date of any pet in respect of which Global Paws is rendering pet travel services, Global Paws shall be entitled to raise an additional administration fee (to the minimum amount of ZAR 900.00 per shipment) and revise your quote accordingly.
Examples of Company Payment in a sentence
Notwithstanding the foregoing, the Company Payment Collateral shall not include, and the Liens created under this Section 5.01(c) shall not encumber, any Excluded Payment Property of the Company.
The Company, Payment Agent(s), and the Client are collectively referred to as the “Parties”.
To exercise such right, Company shall give the Purchaser written notice of the sale in the same manner and with the same effect as a Compelled Sale, pursuant to Section 5.4; provided, however, if at the time of the exercise of such right there shall exist any Company Payment Condition, the Company may defer the payment for the purchase until such time as the Company Payment Condition no longer exists.
When Shares are delivered to the Employee as payment for the Restricted Stock Units, the par value of each Share will be deemed paid by the Employee by past services rendered by him or her to the Company, Payment of Shares shall be subject to the applicable tax withholdings.
The addresses and facsimile numbers for such communications shall be: If to the Company: Payment Data Systems, Inc.
More Definitions of Company Payment
Company Payment shall, with respect to a Contributed Property, have the meaning set forth in the applicable Contribution Agreement. “Contributed Property” means property (other than cash or cash equivalents) that has been approved by the Members to be contributed by a Member to the Company (or to a Subsidiary Entity on behalf of the Company). “Contributing Member Corresponding Funded Amount” means, with respect to a specified Capital Call, if a Non-Contributing Member funds a portion of the Capital Contributions specified in such Capital Call (but fails to fund its entire share of the Capital Contributions specified in such Capital Call), an amount (if any) equal to (A) the quotient derived when dividing (i) the Non-Contributing Member Funded Amount with respect to such Capital Call by (ii) the Non-Contributing Member’s Percentage Interest, times (B) the Contributing Member’s Percentage Interest. If the Non-Contributing Member Funded Amount with respect to such Capital Call is zero dollars, then the Contributing Member Corresponding Funded Amount with respect to such Capital Call shall also be zero dollars. “Contributing Member Excess Capital Share” means, with respect to a specified Capital Call, if (A) the sum of (i) the Capital Contributions funded by a Non-Contributing Member with respect to such Capital Call plus (ii) the Non-Contributing Member Funded Amount is less than the Non-Contributing Member’s entire share of the Capital Contributions specified in such Capital Call, and (B) a Contributing Member funds more than the Contributing Member Corresponding Funded Amount with respect to such Capital Call, the portion of such Capital Call funded by such Contributing Member that exceeds the Contributing Member Corresponding Funded Amount. “Cure Period” means (A) in connection with a monetary default, 10 business days after written notice to a defaulting Member specifying the nature of a default or breach under this Agreement; and (B) in connection with a non-monetary default, 30 days after written notice to a defaulting Member specifying the nature of a default or breach under this Agreement (provided, however, that if such non-monetary default cannot reasonably be cured within such 30-day period, and such defaulting Member promptly commences the cure of such default and diligently pursues such cure to completion, then such 30-day period shall be extended to the extent reasonably necessary). “Date of Value” means the date on which FL Triggering Member delivers a Forced ...
Company Payment means a quarterly instalment paid by the Company to the Minister in respect of the Debt.
Company Payment has the meaning set forth in the recitals of this Agreement.
Company Payment means (a) any dividend or other distribution (whether payable in cash or in other property), direct or indirect, on account of any shares of any class of stock or other equity of the Company now or hereafter outstanding (including any forgiveness by the Company of Debt for borrowed money of any shareholder or member of the Company), (b) any redemption, retirement, purchase or other acquisition, direct or indirect, of any shares of any class of stock or other equity of the Company now or hereafter outstanding, or of any warrants, rights or options to acquire any such shares, and (c) any sinking fund, other required prepayment or mandatory installment payment on account of any shares of stock or the equity of the Company.
Company Payment is defined in Section 5.01 of this Agreement.
Company Payment means the amount payable by the Company on a valid claim for indemnification hereunder, "Claim Amount" means the amount due on a valid claim for indemnification hereunder, after application of the Company Basket, and "Majority Stockholder's Equity Percentage" means the percentage interest of the Majority Stockholder in the equity capital of the Company on a fully diluted basis expressed as a decimal.
Company Payment means any of a Company Adjustment Payment, --------------- Company Repurchase Payment or Tax Adjustment Amount.