Payment of Termination Payment Sample Clauses

Payment of Termination Payment. The Defaulting Party shall make the Termination Payment within ten (10) Business Days after such notice is effective, regardless whether the Termination Payment calculation is disputed. If the Defaulting Party disputes the Non-Defaulting Party’s calculation of the Termination Payment, in whole or in part, the Defaulting Party shall within ten
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Payment of Termination Payment. The Defaulting Party shall make the Termination Payment within ten (10) Business Days after such notice is effective. If the Defaulting Party disputes the Non-Defaulting Party’s calculation of the Termination Payment, in whole or in part, the Defaulting Party shall, within ten (10) Business Days of receipt of the calculation of the Termination Payment, provide to the Non-Defaulting Party a detailed written explanation of the basis for such dispute; provided, however, the Defaulting Party shall first transfer Credit Support to the Non- Defaulting Party in an amount equal to the Termination Payment as calculated by the Non-Defaulting Party. If the Parties are unable to resolve the dispute within thirty (30) days, Article 11 shall apply.
Payment of Termination Payment. For the avoidance of doubt, the Defaulting Party shall not be obligated to pay any termination damages if the amount of the Termination Payment calculated pursuant to this Section 9.3 is equal to or less than zero (0). The Defaulting Party shall make the Termination Payment within ten
Payment of Termination Payment. The Defaulting Party shall make the Termination Payment within ten (10) Business Days after such notice is effective, regardless whether the Termination Payment calculation is disputed. If the Defaulting Party disputes the Non-Defaulting Party’s calculation of the Termination Payment, in whole or in part, the Defaulting Party shall within ten (10) Business Days of receipt of the calculation of the Termination Payment, provide to the Non-Defaulting Party a detailed written explanation of the basis for such dispute. If the Parties are unable to resolve the dispute within thirty (30) days, Article 11 shall apply. Set-off. The Non-Defaulting Party shall be entitled, at its option and in its discretion, to withhold and set off any amounts owed by the Non-Defaulting Party to the Defaulting Party against any payments and any other amounts owed by the Defaulting Party to the Non-Defaulting Party, including any Termination Payment payable as a result of any early termination of this Agreement.
Payment of Termination Payment. As soon as reasonably practicable after the Termination Date, the Performing Party shall provide the Defaulting Party with a statement showing, in reasonable detail, the calculation of the Liquidation Amount and the Termination Payment. If the Defaulting Party owes the Termination Payment to the Performing Party, the Defaulting Party shall pay the Termination Payment on the first (1st) Business Day after it receives the statement. If the Performing Party owes the Termination Payment to the Defaulting Party, the Performing Party shall pay the Termination Payment once it has reasonably determined all amounts owed by the Defaulting Party to it under all Transactions and its rights of setoff under Section 17.4.
Payment of Termination Payment. The Defaulting Party shall make the Termination Payment within ten (10) Business Days after such notice is effective, regardless whether the Termination Payment calculation is disputed. If the Defaulting Party disputes the Non-Defaulting Party’s calculation of the Termination Payment, in whole or in part, the Defaulting Party shall within ten (10) Business Days of receipt of the calculation of the Termination Payment, provide to the Non-Defaulting Party a detailed written explanation of the basis for such dispute. If the Parties are unable to resolve the dispute within thirty (30) days, Article 11 shall apply.
Payment of Termination Payment. Contractor shall submit an invoice to Owner for the Termination Payment with the supporting information and documentation of any fees or expenses claimed by Contractor pursuant to Section 12.4.1. Upon review and agreement that such invoice is proper, Owner shall pay such invoice within thirty (30) days after its receipt of same unless it disputes in good faith certain elements thereof, in which event only the undisputed portion of the Termination Payment need be made within such thirty (30) day period; provided, that payments for termination under Section 12.3 shall be due Contractor within thirty (30) days after receipt of a substantiated invoice and Owner’s receipt of any and all Equipment and Work under Sections 12.3 and 12.5. As a condition precedent to receiving any Termination Payment, Contractor shall comply with Section 12.5 in its entirety.
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Payment of Termination Payment. As soon as practicable, but in no event later than fifteen (15) Business Days following the Early Termination Date, the Non-Defaulting Party shall give the Defaulting Party Notice of the amount of the aggregate Termination Payment, if any. The Notice shall include a written statement explaining in reasonable detail the calculation of such amount. The aggregate Termination Payment, if any, shall be made by the Defaulting Party to the Non-Defaulting Party within two (2) Business Days after receipt of such Notice.
Payment of Termination Payment. 8.1 Any Termination Payment to be made by the Company to the Consultant pursuant to Article 6 or 7 shall be paid by the Company in cash within ten business days of the Termination Date and the Consultant shall not be required in any manner whatsoever to mitigate any damages.
Payment of Termination Payment. The Party owing a Termination Payment hereunder shall make the Termination Payment within fifteen (15) Business Days after the calculation of the Termination Payment, including supporting detail as provided in Section 11.2 above, is delivered to such Party by the Party to which the Termination Payment is owed. If the Party owing the Termination Payment disputes the other Party’s calculation of the Termination Payment, in whole or in part, the Party owing the Termination Payment shall, within ten (10) Business Days of receipt of the other Party’s calculation of the Termination Payment, provide to such other Party a detailed written explanation of the basis for such dispute; provided, however, if the Seller owes a Termination Payment it shall first transfer Performance Assurance to the Buyer, if applicable, in an amount equal to the Termination Payment calculated by the Buyer. If the Parties are unable to resolve the dispute within thirty (30) days, Article XIV shall apply.
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