Commencement Payment Sample Clauses

Commencement Payment. Within 30 days of the Commencement Date, the Company shall make a one-time payment to Executive of $25,000 (the “Commencement Payment”).
Sample 1
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Commencement Payment. In consideration for Distributor's agreement to be bound by the terms and conditions contained herein, including but not limited to Sections 3.3 and 6.8, as well as for waiver (upon effective date of this Agreement) of the prior agreements between the Parties and release of the commissions due Distributor for overrides, GameTech agrees to pay Distributor, upon the effective date of this Agreement, the lump sum of $1,275,000.00.
Sample 1
Commencement Payment. Upon the Effective Date, Executive shall receive a commencement payment of $3.5 million, payable in a single lump sum.
Sample 1
Commencement Payment. Within 30 days of the Commencement Date, the Company shall make a one-time payment to Executive of $15,000.
Sample 1
Commencement Payment. Within 30 days of the Commencement Date, the Partnership shall make a one-time cash payment to the Executive of $100,000. If the Executive's employment is terminated for any reason (other than a termination of the Executive's employment by the Partnership without Cause) on or before the first anniversary of the Commencement Date, a prorated amount of this bonus must be repaid to the Partnership determined by multiplying $100,000 by a fraction, the numerator of which is the number of days from the Date of Termination to the first anniversary of the Commencement Date and the denominator of which is 365.
Sample 1
Commencement Payment. 36.1 Employees (other than casual Employees) employed by the MFBFRV at the date of commencement of this Agreement who received a salary, together with Employees absent during the first 52 weeks of Parental Leave, will receive a lump sum payment of $1,500 (or pro rata equivalent for part time Employees).
Sample 1
Commencement Payment. Upon the completion of a successful clinical test, as defined in Section 4.2 and Exhibit C, Licensee shall pay to BioKool, within *** days following the completion date of the clinical test, the sum of ***.
Sample 1
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Commencement Payment. 2.8.1 Employees employed at the commencement of this Agreement shall receive a one-off commencement payment as follows:
Sample 1

Related to Commencement Payment

  • 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.

  • Rent Payments Xxxxxx agrees to pay rent to the Landlord during the term of this Lease in equal monthly installments of $975, which shall be paid on or before the first day of the month. Xxxxxx agrees that if rent is not paid in full on or before 1st day of the month, Tenant will pay a late charge of $97.50 as allowed by applicable Georgia law.The prorated rent from the commencement of this Lease to the first day of the following month is $975, which amount shall be paid at the execution of this Lease. Xxxxxx agrees that rent shall be paid in lawful money of the United States via the Xxxxx Residents App. Rent payments shall be made payable to and mailed or delivered to the following address: P.O. Box 17942 Atlanta, GA 30316. All notices from Tenant to Landlord under this Lease and applicable Georgia law shall be delivered to the above address. Xxxxxx agrees that rent will be deemed paid only once Landlord or Landlord’s agent receives the rent monies, either by mail or by delivery to the above address. If there are multiple Tenants signed to this Lease, all such Tenants are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease. A judgment entered against one Tenant shall be no bar to an action against other Tenants.

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • PRE-COMMENCEMENT PHASE Part 1 - Pre-commencement Phase Services Part 2 - Construction Documents and Site Plan SECTION 3 – CONSTRUCTION PHASE Part 1 - Construction Phase Services Part 2 - Changes to the Work Part 3 - Time. Part 4 - Correcting the Work, Inspections, Covering and Uncovering Work Part 5 - Subcontractors, Trade Contractors, and Suppliers

  • PAYMENT ABATEMENT A. In the event that Concessionaire is unable to operate the Concession Premises as a direct result of the performance of, failure to perform or negligent performance by Department, its officers, agents, servants, and employees, of any act under the control or responsibility of Department, Concessionaire may be considered for an abatement of payment for the period that the Concession Premises cannot be operated. Circumstances for consideration of payment abatement shall include but not be limited to, disruption caused by Department construction activities in or around the Concession Premises and interruption of utility service as a result of actions by Department. Construction activities outside the control of Department and interruption of utility services by the utility service provider shall not be grounds for abatement. Suspension of Operations, as provided in Paragraph 9, shall not be grounds for abatement. Notwithstanding the circumstances, the decision whether or not to grant an abatement and the amount of any abatement lies completely within the discretion of Department.

  • Commencement Date The Subcontractor shall be permitted to begin the Services on ______________________, 20____ (“Commencement Date”).

  • Installment Payments Notwithstanding Section 3.01, the Executive may elect by written notice to receive any payments due to him hereunder by way of periodic or installment payments.

  • Commencement This Act comes into operation on the day on which it receives the Royal Assent 1.

  • Lease Commencement Date The earlier to occur of (i) the date upon which Tenant first commences to conduct business in the Premises, and (ii) sixty (60) days following the date of delivery of the Premises from Landlord to Tenant, which delivery date is anticipated to be May 1, 2002, as such date may be adjusted pursuant to the Tenant Work Letter attached hereto as Exhibit B.

  • Commencement and Completion 5.1 The Owner agrees to commence the Restoration Works, Landscaping Works, and Works and Utilities requirements and Inspection Services requirements forthwith upon adoption of City of Kelowna Heritage Revitalization Agreement Authorization Bylaw No. and to complete all such Works no later than December 31st, 2004.

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