Non-Refundable Payments definition

Non-Refundable Payments. All payments made by the Second Party are non-refundable, except as expressly provided for under this agreement. • Default: In the event of default by the Second Party, the First Party reserves the right to pursue any and all remedies available under law, including but not limited to legal action to recover outstanding payments and/or termination of this agreement. • Taxes: All payments shall be exclusive of any applicable taxes, which shall be borne by the Second Party.
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Non-Refundable Payments. (SEE ADDENDUM FOR STOCK TRANSACTION) The Master Licensee shall also pay to Xxxxxx Post, the following annual non-refundable license fee for the use of the Spartan name by January 1 of each year during the term of this Agreement and any extension thereof. YEAR ANNUAL LICENSE FEE ---- ------------------ 1 -- JANUARY 1, 2000 $25,000 2 -- JANUARY 1, 2001 $25,000 3 -- JANUARY 1, 2002 $25,000 4 -- JANUARY 1, 2003 $30,000 5 -- JANUARY 1, 2004 $36,000 6 -- JANUARY 1, 2005 $43,200 7 -- JANUARY 1, 2006 $51,850 8 -- JANUARY 1, 2007 $62,200 9 -- JANUARY 1, 2008 $74,650 The annual license fee shall be in addition to the normal royalty payments. The non-refundable payments will be added along with all Quarterly Royalty Payments and any Cumulative Payments for third year renewal and new renewals.
Sample 1
Non-Refundable Payments means the initial $500,000 non-refundable payment, together with any additional non-refundable payments made pursuant to Section 4.1(b).
Sample 1

Examples of Non-Refundable Payments in a sentence

  • Non-Refundable Payments shall have the meaning ascribed to such term in the definition of Acquisition Expenses.

  • Our recommendation was that a unique identifier be used for each building in the state’s inventory because multiple identification methods were creating confusion among stakeholders about the identity and function of some buildings.

  • The Sellers and the Companies acknowledge and agree that the liability of both the Purchaser and Citadel for the failure of either or both of them to consummate the transactions contemplated pursuant to this Agreement shall be limited to the Escrow Deposit, as set forth in Section 13.1, and the Non-Refundable Payments.

  • The Non-Refundable Payments are not refundable by the Sellers to the Purchaser under any circumstances.

  • See:❖ Template 2: Refundable and Non-Refundable Calcs,❖ Template 3: Admin Fee & Non-Refundable Payments TAX Invoice❖ Template 4: Refundable Security Deposit Voucher The final approved wayleave must be collected by the Service Owner or delegated Engineer.

  • Each of the above-described payments (collectively, the "Non-Refundable Payments") will be fully earned by the Sellers as of, in the case of the first payment, when the Sellers execute and deliver this Agreement, in the case of the second payment, when the Sellers execute and submit the FCC Application, and in the case of the third payment, when the Sellers execute and submit the filings required of them pursuant to the HSR Act.

  • Date Changes: At the election of Grandview Non-Refundable Payments may be transferable up to two (2) times, based on availability.

  • If the Option is so terminated in accordance with either of sections 1.2 or 1.3 hereinabove then the Optionee shall have no right, entitlement or interest, legally or equitably, in and to any of the Assets, and the Non-Refundable Payment(s) theretofore made to the Optionor by the Optionee shall continue to be non-refundable for which the Optionee shall have no recourse whatsoever.

Related to Non-Refundable Payments

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Tuition Fee means the basic tuition fee applicable to specific programmes and shall include auxiliary fees which are for required instruction but shall exclude any other fees such as international student differential fees, co-op fees, and student union fees.

  • Tuition Fees means a sum specified in the Offer Letter, payable by the Student to cover tuition, access to College facilities, enrolment procedures and orientation meetings, use of Information Technology facilities, exam sitting and a Kaplan award on successful completion of the Programme; and

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Upfront Fees shall have the meaning assigned to such term in Section 2.05.

  • Termination Payment means the amount payable by either Party to the other upon Termination in accordance with Article 23;

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.