Basic Payment Sample Clauses

Basic Payment. In consideration for the Services to be rendered by the Consultant pursuant to this Agreement, the Company hereby agrees to pay to the Consultant, when authorized shares are available, a base payment equal to 400,000 shares of Common Stock payable 33,333 shares on the date of execution of this Agreement, and 33,333 shares on the first day of each month thereafter, commencing February 1, 1998, provided, however, that the payment on December 1, 1998, shall be 33,337 shares. The Company shall deliver one or more certificates respresenting the shares of Common Stock received in each month on or before the last day of such month.
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Basic Payment. Licensee shall pay to Licensor the monthly Basic Payment specified in the SLA, subject to adjustment in accordance with Section 5.2 below (the “Basic Payment”), for its license and use of the Licensed Space. The Basic Payment shall be paid in advance and without demand, in equal monthly payments payable on the Basic Payment Commencement Date, and on the first day of each month thereafter continuing for the SLA Term, subject to extensions as provided for herein. Payments shall be made by check to the payee and address set forth in the SLA. Payments for any partial month shall be prorated.
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Basic Payment. As consideration for Licensee's permitting Broker to air its programming on the Stations pursuant to this Agreement, Broker shall pay to Licensee the sum of Three Thousand Dollars ($3,000.00) on the first day of each month during which this Agreement is in effect (the "Monthly Payment"). In the even that, for any month, this Agreement is in effect for less than the full month,m the consideration to be paid pursuant to this Paragraph shall be pro rated such that Licensee shall be compensated for that portion of the month during which the Agreement is in effect.
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Basic Payment. The District agrees to reimburse the Sheriff for the SPO's Salary and program start up costs. Please see Schedule A, Cost analysis.
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Basic Payment. The basic payment shall be calculated by multiplying the number of seedlings issued by the bid price per seedling or, in the case of a unit based bid the basic payment, shall be the contracted amount for that payment area. The basic payment shall be subject to reductions for damages as specified herein.
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Basic Payment. The County agrees to pay the SPO’s current hourly rate of $26.50 per hour and employment benefits in accordance with the applicable salary schedules or allocations, rules, policies and employment practices of the County, subject to reimbursement by the District as detailed herein.
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Basic Payment. As a basic contractual remuneration for the granting of the exclusive licence according to Art 2.1, the Licensee shall make a basic payment; the total amount of such payment will be EUR 7.0 million for the 2.5/3.0 MW onshore WECS and EUR 12.0 million for the 5.0/6.0 MW offshore WECS. The payment has to be paid in instalments which are stipulated in Annex 13 (Payment Schedule).
Sample 1
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Related to Basic Payment

  • Lump Sum Payment Upon award of the contract for this improvement, the LA will pay to the STATE, in lump sum, an amount equal to 80% of the LA’s estimated obligation incurred under this Agreement, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs. Method B - Monthly Payments. Upon award of the contract for this improvement, the LA will pay to the STATE, a specified amount each month for an estimated period of months, or until 80% of the LA’s estimated obligation under the provisions of the Agreement has been paid, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs.

  • E-PAYMENT Contractor/Vendor agrees to accept all payments in United States currency via the State of Mississippi’s electronic payment and remittance vehicle. The agency agrees to make payment in accordance with Mississippi law on “Timely Payments for Purchases by Public Bodies,” which generally provides for payment of undisputed amounts by the agency within forty-five (45) days of receipt of invoice. Mississippi Code Annotated § 31-7-301 et seq.

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $[PRE-PAY RENT AMOUNT] for the term starting on [START DATE] and ending on [END DATE]. The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Monthly Payment City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have 30 days from the receipt of an invoice that complies with all of the requirements above to pay Consultant.

  • Crediting Payments The receipt of any payment item by Agent shall not be required to be considered a payment on account unless such payment item is a wire transfer of immediately available federal funds made to Agent’s Account or unless and until such payment item is honored when presented for payment. Should any payment item not be honored when presented for payment, then Borrowers shall be deemed not to have made such payment and interest shall be calculated accordingly. Anything to the contrary contained herein notwithstanding, any payment item shall be deemed received by Agent only if it is received into Agent’s Account on a Business Day on or before 1:30 p.m. If any payment item is received into Agent’s Account on a non-Business Day or after 1:30 p.m. on a Business Day (unless Agent, in its sole discretion, elects to credit it on the date received), it shall be deemed to have been received by Agent as of the opening of business on the immediately following Business Day.

  • Down Payment The Mortgagor has contributed at least 5% of the purchase price for the Mortgaged Property with his/her own funds.

  • Late Payment Charge If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of five percent (5%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgage and the other Loan Documents to the extent permitted by applicable law.

  • Rent Payment Tenant shall pay the Base Rent for the Premises and any additional rent provided herein without deduction or offset. Rent for any partial month during the lease term shall be prorated to reflect the number of days during the month that Tenant occupies the Premises. Additional rent means amounts determined under Section 19 of this Lease and any other sums payable by Tenant to Landlord under this Lease. Rent not paid when due shall bear interest at the rate of one-and-one-half percent per month until paid. Landlord may at its option impose a late charge of $.05 for each $1 of rent for rent payments made more than 10 days late in lieu of interest for the first month of delinquency, without waiving any other remedies available for default. Failure to impose a late charge shall not be a waiver of Landlord’s rights hereunder.

  • Late Payment Surcharge In the event of delay in payment of a Monthly Xxxx by Buyer beyond thirty (30) days of its Due Date, a Late Payment Surcharge shall be payable to the SPD at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis subject to such late payment being duly received by Buyer under the PSA from the Buying Entity(ies). The Late Payment Surcharge shall be claimed by the SPD through the Supplementary Xxxx.

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