Duty to Pay definition

Duty to Pay. Any warranty, service contract, insurance policy or other service financed through this Contract is separate and independent of this Contract and is the sole obligation of the issuer of such warranty, service contract, insurance policy or other service. Buyer shall pay each Installment on time regardless of any claimed defect in the Units or any other entity's breach of any warranty, service contract or insurance policy. Each Installment is due monthly without notice beginning on the "Starting Date" and continuing on the same day of each month thereafter.

Examples of Duty to Pay in a sentence

  • City shall, upon the condition that Applicant is not in breach of Applicant’s Duty to Pay or Applicant’s Deposit Duty, use good faith efforts to provide Processing Services in relation to Applicant’s Permit application.

  • As partial performance of Applicant’s Duty to Pay, Applicant shall deposit the amount aforereferenced (“Deposit”).

  • Signatory shall be personally liable for Applicant’s Duty to Pay and Applicant’s Duty to Deposit in the event he/she has not been authorized to execute this Agreement by Applicant.

  • Section 6.1 Insurance 10 Section 6.2 Lessee’s Indemnification and Duty to Pay Damages.

  • Signatory shall be personally liable for Applicant’s Duty to Pay and Applicant’s Deposit Duty in the event of non- authorization to execute this Agreement by the Applicant.

  • As partial performance of Applicant’s Duty to Pay, Applicant will deposit the above deposit amount (“Deposit”) for the Processing Services.

Related to Duty to Pay

  • Failure to Pay means, after the expiration of any applicable Grace Period (after the satisfaction of any conditions precedent to the commencement of such Grace Period), the failure by a Reference Entity to make, when and where due, any payments in an aggregate amount of not less than the Payment Requirement under one or more Obligations, in accordance with the terms of such Obligations at the time of such failure.

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • Underpayment means any payment or portion of a payment not made to a provider for services delivered to eligible members according to the laws and rules applicable to the Medicaid program and to which the provider is entitled.

  • Willful and Material Breach means a material breach that is a consequence of an act undertaken by the breaching party or the failure by the breaching party to take an act it is required to take under this Agreement, with knowledge that the taking of or failure to take such act would, or would reasonably be expected to, result in, constitute or cause a breach of this Agreement.

  • Overpayment means payment in excess of the required fee. Overpayment of less than $10 received by the board shall not be refunded.