Agency; Payments Clause Samples
Agency; Payments. Except for the employment, supervision and discharge of personnel in connection with the maintenance and operation of the Properties, who shall be employees of Manager and not of Company (although all costs with respect to such employees shall, to the extent allocable to the Properties, be deemed costs of the Properties), all action taken by Manager pursuant to the provisions of this Agreement shall be done as agent of Company and obligations or expenses incurred thereunder shall be for the account, on behalf and at the expense of Company, but any such actions may be taken or made either in Company’s name or Manager’s name. Any payments to be made by Manager hereunder shall be made out of such funds as are available from rentals and other collections from the Properties and such other monies as may be provided by Company. In the event anticipated disbursements for Properties expenses and Company management shall in any month be in excess of the anticipated revenues, Company agrees to advance sufficient funds to meet the obligations (including all costs with respect to the employees of the Properties described in Article II(A)(1) hereof, including Affiliates, the Management Fee, reimbursement of expenses described in Article III(A) hereof,) within fifteen (15) days after Manager’s request. Manager shall not be obligated to make any advance to or for the account of Company or to pay any sum contemplated by this Agreement except out of funds held by Manager on behalf of Company or out of funds provided by Company to Manager, nor shall Manager be obligated to incur any liability of or for the account of Company without assurance or proof from Company that the necessary funds for the discharge thereof will be provided promptly.
Agency; Payments. During the term of this Agreement, upon Customer identifying to Licensor a qualified prospect that subsequently becomes a new customer of Licensor within one year of such identification, Licensor shall pay to Customer fifteen percent (15%) of all revenue received by Licensor until the end of the first year of revenue receipts for such new customer (the "Agency Payment"). The first year of revenue receipts shall be the time period beginning on the date when Licensor signs an agreement with such new customer, and ending on the first anniversary of such date.
Agency; Payments. Agency agrees to payments based on actual energy savings not to exceed the payment amortization schedule as set forth in Schedule D (Deliverables and Compensation to Company), or Schedule L (Financing Agreement), if applicable. Thirty days after the Agency formally accepts the installed equipment according to Sec. 3.1, and has received from the Company certificates of title and the Certificate of Acceptance, the Company can submit its first monthly invoice. Agency shall pay Company within the time limits established in Section 489.145(5)(f), Florida Statutes, as set forth in Schedule D (Deliverables and Compensation to Company), or pay the Lender pursuant to Schedule L (Financing Agreement), if applicable. All other payment and contract provisions of Section 287.058 (1), Florida Statutes, are incorporated herein by reference. In the event Agency fails to make payment within forty (40) days of the due date, Agency shall pay as late charges any interest assessed for untimely payment. The interest rate will be the rate set pursuant to Section 55.03, Florida Statutes. Agency shall not be required to begin any payments to Company under this Contract unless and until all equipment installation is completed by Company and accepted by Agency as evidenced by the signed Certificate of Acceptance Installed Equipment as set forth in Exhibit II (ii). Agency shall pay Company pursuant to Section 215.422, Florida Statutes. At least one twentieth of the price must be paid within two years from the date of complete installation and acceptance (Commencement Date) by the state, that the remaining costs are to be paid at least quarterly, not to exceed a 20 year term, based on life cycle cost calculations and that the savings are guaranteed to the extent necessary to make payments for the systems.
Agency; Payments. All payments to Seller hereunder shall be made to Hollywood Hopeful, in care of Wonderful Agency, Inc., Attention: Wonderful Agent. Seller hereby authorizes Purchaser to make all such payments as aforesaid.
Agency; Payments. Sendroff & Baruch, LLP is hereby irrevocably appointed by Director/Choreographer as Director/Choreographer's exclusive representative in connection with any and all productions of the Play and hereby directs Producer or any third-party to pay all advances, fees, royalties and any other sums due Director/Choreographer hereunder (except for per diems and reimbursements of expenses) as follows: 90% in the name of and to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Dodge, ▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ and 10% in the name of and to Sendroff and Baruch, LLP, ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇.
Agency; Payments. If either Agent is obliged by law or any regulatory action or decision to make any deduction or withholding from any payment to any of the Lenders (an "agency payment") which represents an amount or amounts received by such Agent from the Borrower under the Security Documents, the Borrower shall pay directly to the relative Lender such sum (an "agency compensating sum") as will, after taking into account any deduction or withholding which the Borrower is obliged to make from the agency compensating sum, enable such Lender to receive, on the due date for payment of the agency payment, an amount equal to the agency payment which such Lender would have received in the absence of any obligation to make any deduction or withholding.