Consideration Payment Sample Clauses

Consideration Payment. 5.1 In consideration of the Company’s Services, the Client shall pay to the Company the Consideration to be stipulated in the Termsheet and all reasonable out of pocket expenses (if any) in accordance with the commercial terms and payment terms as detailed in the Separate Agreement. 5.2 The Company shall send its staff to check for the quality of completion of the Project(s) together with the Client. The Client shall pay for the Company’s Services within 90 days upon the completion of the Project(s) to the satisfaction of the Client. 5.3 The Company shall be entitled to the receivables from the Client for the percentage of Work completed. The date of payment of such Work is stated in the Termsheets and unless the Company is not satisfied with the quality of Work completed and/or the Client has not fulfilled the terms and conditions specified under the Termsheets.

Consideration Payment. Department agrees to pay a daily per diem rate where "daily" means each day, or part of a day, including the first but not the last day of program participation/confinement. This applies to each subsection listed below. Department shall compensate Contractor for successful delivery of services provided in the following manner:

Consideration Payment. In consideration of the License granted and the other Services (as hereinafter defined) provided pursuant to this Agreement, Licensee or an Affiliate of Licensee has paid or caused to be paid to Licensor an aggregate of Two Million Five Hundred Thousand U.S. Dollars ($2,500,000) (the “Payment”), of which $2,000,000 (the “USA Payment”) was paid to Licensor on behalf of Licensee and its Affiliate TO LLC. Licensor hereby acknowledges that (a) the Payment was made timely, and constitutes full payment of all obligations under Section VII of the MOU (as defined herein), and (b) that portions of such USA Payment shall be allocated to Licensee and TO LLC as payment of consideration pursuant to this Agreement and the US Medical Cannabis License Agreement, as determined by Licensee and its Affiliates, without duplication. No royalties or other payments are required hereunder.

Consideration Payment. In consideration of the License granted and the other Services (as hereinafter defined) provided pursuant to this Agreement, Licensee or an Affiliate of Licensee has paid or caused to be paid to Licensor an aggregate of Two Million Five Hundred Thousand U.S. Dollars ($2,500,000) (the “Payment”), of which $500,000 (the “Cayman Payment”) was paid to Licensor on behalf of Licensee. Licensor hereby acknowledges that the Payment was made timely, and constitutes full payment of all obligations under Section VII of the MOU (as defined herein). No royalties or other payments are required hereunder.

Consideration Payment. On the Commencement Date, Tenant is paying as provided for in Section 3.1 a payment which (i) is consideration for the execution and delivery of the Option by Landlord, (ii) is non-refundable and (iii) will be retained by Landlord notwithstanding any other provision of this Lease.

Consideration Payment. 2.1 In consideration for consulting services provided by the Consultant to the Company hereunder, the Company shall pay to the Consultant a consulting fee of $[ ] per hour for each hour devoted to consulting for the Company as provided hereunder (“Consulting Hour”). Unless otherwise agreed to in writing by the parties, the Consultant’s consulting time shall not include travel time. 2.2 In addition to any consulting fees due to the Consultant pursuant to Section 2.1 above, the Company will reimburse reasonable out-of-pocket expenses (including reasonable travel expenses) actually incurred by the Consultant in the course of performing the consulting services hereunder, in compliance with the Company’s travel policies for its officers and subject to customary written verification of such expenses in a form reasonably satisfactory to the Company, within thirty (30) business days after the Company’s receipt from the Consultant of a proper written invoice therefore. 2.3 The Consultant shall provide to the Company a written invoice of any services provided by Consultant and the date and time spent on such consulting services. 2.4 The Consultant and Company agree that the time spent on services Consultant is expected to perform under this Agreement will not exceed 20% of the average level of time spent on services Consultant performed for the Company over the immediately preceding three-year period. 2.5 The Consultant will not be eligible for, nor will participate in, any health, pension, or other employee benefit plan sponsored or established by the Company for the benefit of its employees.

Consideration Payment. The aggregate consideration (collectively, the “Purchase Price”) to be paid by Purchaser for the purchase of the Acquired Assets shall be: (i) the assumption of Assumed Liabilities and (ii) a cash payment in an amount equal to forty five million United States Dollars ($45,000,000) (the “Cash Consideration”). At the Closing, Purchaser shall deliver, or cause to be delivered, to Sellers Cash Consideration less the Deposit (the “Closing Date Payment”) and shall assume the Assumed Liabilities. The Cash Consideration and any payment required to be made pursuant to any other provision hereof shall be made in cash by wire transfer of immediately available funds to such bank account as shall be designated in writing by the applicable Party to (or for the benefit of) whom such payment is to be made at least two (2) Business Days prior to the date such payment is to be made.

Consideration Payment. 4.1 In consideration of the aforesaid the Purchaser has agreed to make payment of an aggregate sum of Rs………………../- (Rupees …………. ………………………… only) (hereinafter called the CONSIDERATION AMOUNT) (which amount includes the cost of construction of the said Unit, car parking space, common parts and common facilities) 4.2 The Purchaser out of the said Consideration amount at or before execution of this Agreement has paid to the Sellers /Developers a sum of Rs……………./- (Rupees ……………………….only) towards the application money for the allotment of the said Unit, which has been adjusted against the total consideration amount and the said consideration amount to be paid in respect of the said Unit shall be paid in the manner provided for in the SCHEDULE hereunder written. 4.3 The entirety of the consideration amount will be paid to the Sellers / Developers and all amounts paid to the Sellers / Developers shall be a complete discharge of the obligation of the Purchaser to make payment under this agreement and/or in respect of the said Unit . 4.4 In addition to the aforesaid consideration the Purchaser has also agreed to pay to the Sellers / Developers various amounts as and by way of Refundable Deposit (more fully and particularly mentioned and described in the SCHEDULE hereunder written) and Non Refundable Deposits (more fully and particularly mentioned and described in the SCHEDULE) and payment of such amounts shall be made at or before taking over possession of the said Unit and in addition the Purchaser agrees to make payment of the charges in respect of: Obligation Regarding Taxes : In the event of the Sellers/Developers being made liable for payment of any tax (excepting Income Tax), duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as Service Tax , Works Contract Tax, Value Added Tax or any other tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Sellers/Developers are advised by its consultant that the Sellers/Developers are liable or shall be made liable for payment of any such tax , duty, levy or other liability on account of the Sellers/Developers having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Buyer shall be liable to pay all such tax, duty, levy or other liability and hereby indemnifies and agrees to keep the Sellers/Developers indemnified against all actio...

Consideration Payment. Subject to any adjustment pursuant to Section 2.7, the aggregate consideration (collectively, the “Purchase Price”) to be paid by Purchaser for the purchase of the Acquired Assets shall be: (y) the assumption of Assumed Liabilities and (z) a cash payment (the “Cash Payment”) of $35,000,000, (A) plus (in the event the Estimated Inventory exceeds the Target Inventory) the amount, if any, by which the Estimated Inventory exceeds the Target Inventory or (B) minus (in the event the Target Inventory exceeds the Estimated Inventory) the amount, if any, by which the Target Inventory exceeds the Estimated Inventory, and (C) minus the Estimated Property Taxes. The Cash Payment shall be deemed allocated among the Acquired Assets as follows (and any post-Closing adjustments to the Purchase Price in respect of Closing Property Taxes shall be allocated to the applicable category of assets set forth below for which any such adjustments relate): (i) $4,500,000 plus or minus (as applicable) 75% of any post-Closing adjustments to the Purchase Price for Closing Inventory pursuant to Section 2.7 shall be deemed to be in consideration for the Inventory; (ii) $200,000 shall be deemed to be in consideration for all Intellectual Property and goodwill; (iii) $200,000 shall be deemed to be in consideration for the Acquired Owned Real Property located at ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇, ▇▇ ▇▇▇▇▇; (iv) $200,000 shall be deemed to be in consideration for the Acquired Owned Real Property located at ▇▇▇▇ ▇ ▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇; and (v) the Cash Payment less the amounts set forth in Sections 2.1(a)(i) – At the Closing, Purchaser shall deliver, or cause to be delivered, to the Company an amount equal to (i) the Cash Payment (increased or decreased, as applicable and for the avoidance of doubt, by the items listed in clauses (A), (B) and (C) of Section 2.1(a)(z)), minus