Contingent Amounts Sample Clauses

Contingent Amounts. If at the time of distribution of any money under clause 13.1, any part of the Secured Money is contingently owing to the Lender, the Lender or any Receiver may retain any surplus money until the amount of the Secured Money which is contingently due has been finally determined.
AutoNDA by SimpleDocs
Contingent Amounts. (a) On or before the times hereinafter set forth, the Purchaser shall pay to the Sellers the additional cash amounts hereinafter described (the "Contingent Amounts"):
Contingent Amounts. If at any time an amount Is contingently due from the Borrower or an amount due is not quantified, Westpac NZ may retain end withhold repayment of any money in any account of the Borrower and the payment of interest of other moneys pending that amount becoming due and/or being quantified and may set off the maximum liability which may at any time be or become owing to Westpac NZ by the Borrower and in each case without prior notice of demand.
Contingent Amounts. If, at the time of distribution of any money under clause 10.1, any part of the Secured Indebtedness is contingently owing to the Bank or is not yet due and payable, the Mortgagor will pay to the Bank or the Receiver (failing which the Bank or a Receiver may retain) an amount equal to all or part of that contingent indebtedness. This amount is to be placed in an interest bearing deposit account until that contingent or future indebtedness becomes actually due and payable or otherwise ceases to be contingently owing.
Contingent Amounts. If at any time an amount is contingently due to the Bank or an amount due is not quantified, the Bank may retain and withhold repayment of any such credit balance and the payment of interest or other moneys pending that amount becoming due or being quantified and may set off the maximum liability which may at any time be or become owing to the Bank by the Mortgagor and in each case without prior notice or demand.
Contingent Amounts. If we receive a payment as part of the Total Outstanding Amount when your liability for the payment is only a contingent liability then we may deposit the payment into an interest bearing deposit account in your name on terms which restrict your access to the deposit. We will apply the deposit:
Contingent Amounts. Subject to Section 2.13:
AutoNDA by SimpleDocs
Contingent Amounts. In addition to the Purchase Price, as adjusted pursuant to Section 2.4, the Sellers are entitled to receive certain additional consideration in respect of the Transactions, on the terms and subject to the conditions set forth in this Section 2.5 and subject to satisfaction of the criteria hereunder:
Contingent Amounts. At the Accounts Date, no Group Company had any liability, contingent, unquantified or disputed liability or outstanding capital commitment which is not adequately disclosed or provided for in the Accounts (provided that such liability or commitment was required to be disclosed in the Accounts pursuant to generally accepted accounting principles in Hong Kong).
Contingent Amounts. The Purchaser shall pay to each Seller an amount equal to each Contingent Amount multiplied by such Seller portion of the Cash Amount at Closing divided by the total amount of the Cash Amount at Closing, to the extent such Contingent Amount has been received by the Company, as set forth opposite his/her/its name in Schedule 2.4.2(a)(i), less any refund due and payable by such Seller to the Purchaser under Section 8 which amount has otherwise not been paid by such Seller or set-off in accordance with Section 8.5(d), on the first (1st) Business Day following receipt of such Contingent Amount by the Company, by wire transfer(s) of immediately available funds to such Seller's bank account which shall be credited with value date (date de valeur).
Time is Money Join Law Insider Premium to draft better contracts faster.