Bond Payment Sample Clauses

Bond Payment. The Council may require a Bond to be paid to ensure the due and proper performance by the Hirer of its obligations under this Agreement. This Bond is in addition to any other fees or charges payable under this Agreement. The Hirer agrees to pay the Council a Bond of an amount and on the date specified (if any) in the Specific Terms and the Payment Schedule.
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Bond Payment. The Venue Operator may require a Bond to be paid to ensure the due and proper performance by the Hirer of its obligations under this Agreement. This Bond is in addition to any other fees or charges payable under this Agreement. The Hirer agrees to pay the Venue Operator a Bond of an amount and on the date specified (if any) in the Venue Hire Agreement.
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Bond Payment. In addition to the Construction Security required by Section 14(a), Developer shall also be required to provide a payment bond for any contract of fifty thousand dollars or more for the construction of the Required Improvements. Such payment bond shall be required before commencing work with a sufficient surety to be approved by the Town, conditioned that the Developer, any contractor or subcontractor shall at all times promptly make payments of all amounts lawfully due to all persons supplying or furnishing to the Developer, contractor or subcontractor with labor, laborers, materials, rental machinery, tools or equipment used or performed in the prosecution of the work for the completion of the Required Improvements and that the Developer, contractor or subcontractor will indemnify and save Gypsum harmless to the extent of any payments in connection with the carrying out of any such contract which Gypsum may be required to make under the law. Contractors, subcontractors, materialmen, mechanics, suppliers of rental equipment and others, including laborers, may have a right of action for amounts lawfully due them from the Developer, contractor or subcontractor directly against the principal and surety of such bond.
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Bond Payment. 2.1. The hirer agrees to pay the owner the bond specified in the Hire Agreement for the equipment for the hire period prior to the commencement of the hire period.
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Bond Payment equivalent to four (4) weeks rent NOTE: Personal cheques are not accepted.
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Bond Payment. 1. A $100 Bond will be required as security for all bookings. 2. Bond is due and payable 7 days prior to booked event as per invoice details. 3. The Bond will be refunded in full providing no costs were incurred during hiring. 4. The Hirer is responsible for any expenses incurred by the Activate Community Inc. due to their function and will be deducted from the Bond. Should the expenses exceed the Bond, the Hirer is fully responsible and will be invoiced accordingly.
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Bond Payment. Borrower covenants that as of the date hereof Borrower has made that portion of the March, 2002 Bond Payment required to be paid pursuant to Borrower's agreement with the trustee of the MARAD Title XI Debt and agrees to provide to Lender evidence of such payment within three (3) days of the date hereof.
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Related to Bond Payment

  • Sale and Payment Under this agreement, the following provisions shall apply with respect to the sale of and payment for Series shares: (a) The Distributor shall have the right, as principal, to purchase Series shares from the Trust at their net asset value and to sell such shares to the public against orders therefor at the applicable public offering price, as defined in Section 4 hereof. The Distributor shall also have the right, as principal, to sell shares to dealers against orders therefor at the public offering price less a concession determined by the Distributor. (b) Prior to the time of delivery of any shares by the Trust to, or on the order of, the Distributor, the Distributor shall pay or cause to be paid to the Trust or to its order an amount in Boston or New York clearing house funds equal to the applicable net asset value of such shares. The Distributor shall retain so much of any sales charge or underwriting discount as is not allowed by it as a concession to dealers.

  • Calculation and Payment Interest on LIBOR Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof); and (iii) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof); and (iv) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise.

  • Funding and Payment A. Tuition and fee payments in the amounts set forth in Section 6 are due from students at registration. A payment plan is available upon request. Payment is required by the stated due date; all tuition and fees must be collected and remitted to the College prior to the beginning of classes. Failure to pay by the due date will result in the student being dropped from classes. B. Financial Aid is not available to dual credit students. The Higher Education Technical Amendments of 1987 (P.L. 100-50) states, “A student who is enrolled in an elementary or secondary school is not eligible for Title IV assistance for any courses taken at the post- secondary level for the same period” [Compilation of Federal Regulations (CFR) 668.7(a)(2)]. C. The state funding for dual credit courses will be available to both the District and the College based on the current funding rules of TEA and the THECB. The College may only claim funding for students receiving college credit in core curriculum, career and technical education, foreign language dual credit courses, and classes in a Field of Study or Program of Study. D. If a student requests to take a class more than twice, he or she will be responsible for the tuition for that course and $ 50.00 per semester hour for the course. Technical courses are exempt from this fee. (see ▇▇▇▇▇ College Catalog – College Expenses) E. The College is not responsible for the transportation of dual credit students.

  • Collection and Payment The Trustees shall have power to collect all property due to the Trust; to pay all claims, including taxes, against the Trust Property or the Trust, the Trustees or any officer, employee or agent of the Trust; to prosecute, defend, compromise or abandon any claims relating to the Trust Property or the Trust, or the Trustees or any officer, employee or agent of the Trust; to foreclose any security interest securing any obligations, by virtue of which any property is owed to the Trust; and to enter into releases, agreements and other instruments. Except to the extent required for a corporation formed under the Delaware General Corporation Law, the Shareholders shall have no power to vote as to whether or not a court action, legal proceeding or claim should or should not be brought or maintained derivatively or as a class action on behalf of the Trust or the Shareholders.

  • Satisfaction of Sinking Fund Payments with Securities The Company (i) may deliver Outstanding Securities of a series and (ii) may apply as a credit Securities of a series that have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series, provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the redemption price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.