5Payment Clause Samples
5Payment. (a) On each relevant Settlement Date, each Originator, in accordance with the allocation made by the relevant Servicer, must use the relevant Available Amounts in the relevant Eligible Currency to pay the Costs (other than the Servicing Fee and the Backup Servicing Fee) that have become due and payable in the corresponding Eligible Currency in accordance with the priority of payments and allocations described in Clause 8 (Waterfall) and Schedule 5 (Purchase Price).
(b) The payment of the fees shall occur through the settlements according to the Waterfall and the Ledger allocations and shall be evidenced through the Calculation and Payment Report provided by the Purchaser or the Transaction Administrator, as the case may be, directly to the Performance Guarantor or the relevant Servicer, for the account of itself and the relevant Originator. The Purchaser or the Transaction Administrator, as the case may be, will supply the Servicers with reasonable details and justification of any such fees.
5Payment. The Participant shall pay all Service Fees and any Miscellaneous Charges within [thirty (30)] days following the date of invoice by HIO sent to the Participant’s address as shown in HIO’s records or e-mailed in accordance with the Participant’s Participation Agreement.
5Payment. All payments shall be made as per the conditions set forth in the work order after the City’s receipt and approval of vendor’s invoice and a service delivery report documenting what progress has been made on the work to be performed under this Agreement since the date of the invoice most recently submitted by the vendor. In the event that the City pays within ten (10) days of receipt of invoice, a 3% prompt pay discount will be taken. The aggregate amount set forth in the work order represents the full and final amount to be paid by the City for all hardware, software, and/or services rendered and for all investigation, analysis, design, and supervision performed, and all labor, supplies, materials, equipment or use thereof provided, and for all other expenses incurred and incidentals necessary to complete the work to provide a fully integrated and operational System. The City shall not be obligated to pay any other compensation, fees, charges, prices or costs, nor shall vendor charge any additional compensation for completing the work order of the Statement of Work. All costs invoiced to the City, shall be associated with an active and open work order. Payment does not constitute whole or partial acceptance of work performed; City acceptance of shall only occur by formal written notice to that effect.
5Payment. The Seller must issue the Buyer with a valid tax invoice for an amount equal to the Fixed Price multiplied by the Sold Australian Carbon Credit (“Payment Amount”).
5Payment. Payment terms under this Agreement shall be net [***] from date of [***]. All payments shall be made in U.S. dollars. Any amounts not paid when due shall accrue interest at a rate of [***].
5Payment. „Service Credits” is a pre-financed consultancy package of Service Credits, which will be invoiced in full by Ziggo to the Customer upon signature by the Customer of the relevant Order Form.
5Payment. Landlord shall reasonably estimate the Overhead Rent that will be payable for each Comparative Year during the Lease Term. Tenant shall pay an amount equal to one-twelfth of its Allocated Share of the estimated Overhead Rent for the Comparative Year monthly in advance, together with the payment of Base Rent. Should any assumptions used in creating a budget change, Landlord may adjust, from time-to-time, the estimated monthly Overhead Rent payments to be made by Tenant by notice to Tenant. After the conclusion of each calendar year, Landlord shall furnish Tenant a detailed statement of the actual Real Estate Taxes, Operating Costs, and Capital Costs for the year (an “Annual Statement”); and an adjustment shall be made between Landlord and Tenant with payment to or repayment by Landlord, as the case may require. Tenant waives and releases any and all objections or claims relating to Overhead Rent for any calendar year unless, within 30 days after Landlord provides Tenant with the Annual Statement of the actual Real Estate Taxes, Operating Costs, and Capital Costs for the calendar year, Tenant provides Landlord notice that it disputes the statement and specifies the matters disputed. If Tenant disputes the statement then, Tenant shall continue to pay the Rent in question to Landlord in the amount provided in the disputed statement pending resolution of the dispute.
5Payment. All payments shall be made as per the conditions set forth in the work order after the City’s receipt and approval of vendor’s invoice and a service delivery report documenting what progress has been made on the work to be performed under this Agreement since the date of the invoice most recently submitted by the vendor. The aggregate amount set forth in the work order represents the full and final amount to be paid by the City for all hardware, software, and/or services rendered and for all investigation, analysis, design, and supervision performed, and all labor, supplies, materials, equipment or use thereof provided, and for all other expenses incurred and incidentals necessary to complete the work to provide a fully integrated and operational System. The City shall not be obligated to pay any other compensation, fees, charges, prices or costs, nor shall vendor charge any additional compensation for completing the work order of the Statement of Work. All costs invoiced to the City, shall be associated with an active and open work order. Payment does not constitute whole or partial acceptance of work performed; City acceptance of shall only occur by formal written notice to that effect.
5Payment. The Indemnifying Party shall promptly pay the Indemnified Party any amount due under this Article 8. Upon judgment, determination, settlement, or compromise of any Third Party Claim, the Indemnifying Party shall pay promptly on behalf of the Indemnified Party, and/or to the Indemnified Party in reimbursement of any amount theretofore required to be paid by it, the amount so determined by judgment, determination, settlement, or compromise and all other Losses of the Indemnified Party with respect thereto. Buyer’s first (but non-exclusive) source for satisfaction for indemnification claims hereunder shall be the Indemnity Escrow Amount. If Parent and/or Sellers pay the Buyer Indemnified Parties an amount due under Section 8.1 on account of an inaccuracy or breach of the representation and warranty set forth in subclause (c) of Section 3.7, then, at Parent’s request, Buyer shall cause the Company to assign the right to collect the accounts receivable that was the subject of the applicable indemnification claim to Parent, up to the amount of the amount paid under Section 8.1 on account of the inaccuracy or breach.
5Payment. 1Each Party shall pay or cause to be paid on or before the Invoice Due Date, all amounts that become due and payable by such Party to the other Party pursuant to an invoice issued under a Confirmation Notice. Such payments shall be made in USD, or other agreed currency, and shall be made by wire transfer in immediately available funds for good value in the United States or other country, as applicable, to such account or accounts with such bank and in such location designated by Seller in the Confirmation Notice or separately designated by Buyer.