DELAY FEE Sample Clauses

DELAY FEE. If: (i) any registration statement required to be filed pursuant to Section 6(a) is not filed within the time period specified therein, (ii) a registration statement filed hereunder is not declared effective by the SEC within the time period specified in Section 6(a) or (iii) a registration statement ceases to be effective and available for resales of Registrable Securities by Investor when the Company is required to keep such registration statement effective under this Agreement, (any such failure or breach being referred to as a "REGISTRATION DEFAULT" and, for purposes of clause (i), (ii) or (iii), the date on which such Registration Default occurs, being referred to as an "EVENT DATE"), then, in addition to, and not in lieu or limitation of, any other remedies the Investors may have in law (including damages) or equity, the Company shall pay to Investor an amount, in cash ("RD FEES") (x) upon the occurrence of a Registration Default, an amount equal to $0.165 for each Registrable Security then held by Investor, and (y) if the Registration Default has not been cured by the first month anniversary following the date of the Registration Default, an amount equal to $0.165 for each Registrable Security then held by Investor, and (z) on each monthly anniversary thereafter until the Registration Default has been cured, an amount equal to $0.165 for each Registrable Security then held by Investor; provided, however, that all periods referred to in clauses (y) and (z) above shall be tolled during delays caused by the action or inaction of Investor, and the Company shall have no liability to Investor in respect of any such delay. The RD Fees payable pursuant hereto shall be payable within five (5) business days following the date of the Registration Default or the monthly anniversary thereof, as the case may be. Notwithstanding anything to the contrary contained herein, RD Fees shall not be payable under this Section 6(g) for more than one Registration Default occurring or existing at any one time.
AutoNDA by SimpleDocs
DELAY FEE. ‌ Residents must pay the Unit rate for both Units until Residents have relocated into the new Unit.
DELAY FEE. Residents who do not change Rooms within 48 hours of receiving notice will be charged a fee pursuant to xxxxx://xxxxxxx.xxxxxxx.xxx/myhousing-resources. Residents who leave for a break between terms without changing Rooms will be charged a fee pursuant to xxxxx://xxxxxxx.xxxxxxx.xxx/myhousing-resources.
DELAY FEE. Residents who do not change rooms within 48 hours of receiving notice will be charged a $50.00 fee. Residents who leave for break between terms without, as applicable, transferring out of their old room and into their new room will be charged a $100 holdover fee.
DELAY FEE. Tenant must pay the Unit rent rate for both Units until Tenant has relocated to the new Unit and completed Check-Out for the prior Unit.‌
DELAY FEE. (a) The Company agrees that the Holders will suffer damages if the Company fails to fulfill its obligations under Section 2 hereof and that it would not be feasible to ascertain the extent of such damages with precision. Accordingly:
DELAY FEE. If at any time any Delay Fee (as defined in the Registration Rights Agreement) becomes payable by the Company pursuant to the Registration Rights Agreement, the Company shall duly and promptly (i) deliver to the Trustee an Officers’ Certificate to that effect and stating (a) the amount of such Delay Fee that is payable and (b) the date on which such Delay Fee is payable pursuant to the terms of the Registration Rights Agreement and (ii) pay to each Holder such Delay Fee in such amount and on such date as set forth in the Registration Rights Agreement. Unless and until the Trustee receives such an Officers’ Certificate, the Trustee may assume without inquiry that no Delay Fee is payable.
AutoNDA by SimpleDocs
DELAY FEE. If, at the end of each calendar month, ten percent (10%) or more of Addenda have exceeded the Guaranteed Substantial Completion Date, Sunrun may assess, and Contractor agrees to pay a fee for delay (“Delay Fee”) in the amount of two hundred dollars ($200) for each Addendum which has exceeded the Guaranteed Substantial Completion Date. The percentage shall be calculated as the number of Addenda exceeding the Guaranteed Substantial Completion Date divided by the number of all executed Addenda that have not yet reached Substantial Completion. Sunrun may invoice Contractor on a monthly basis for Delay Fees accruing under any Addendum. Contractor shall pay such Delay Fees within ten (10) Business Days following Sunrun’s issuance of such invoice. Alternatively, Sunrun may set off such amounts against subsequent amounts due and owing to Contractor under this Contract. Delay Fees not paid when due (and if not set off by Sunrun) shall accrue interest at the Default Rate until paid. Any delay in Sunrun enforcing this provision, invoicing or setting off Delay Fees shall not be a waiver of Sunrun’s rights to Delay Fees pursuant hereto.
DELAY FEE. If the rent is not paid by the due date, it must be: (checked) no delay fees. The lessee is not responsible for any penalty penalty with the payment under this contract. a fine for the delay. If the rent is not paid by [#] days after the due date, the landlord will charge the following fine: (tick one) â â â â The fee is equal to [the amount] USD and valid daily until the rent is paid. Ââ based on interest. The fee is equal to the rent, with interest increasing in the amount [#] % annually and is applied daily until the rent is fully paid. All delays associated with the rent are first counted in the fee of delay and the remaining arrears on the non -paid rent. 8.
DELAY FEE. In the event of a failure by Diamond Scientific to deliver (i) at least seventy percent (70%) during the calendar year 1994 or (ii) at least eighty percent (80%) during each subsequent calendar year, of the value of Purchase Commitment Products (calculated on the basis of the transfer prices times the quantity ordered) ordered by Miles within thirty (30) days following the specified delivery date ("Minimum Delivery Amount"), Miles shall be entitled, on the 31st day, to an amount from Diamond Scientific equal to ten percent (10%) of the difference between the Minimum Delivery Amount and the value of the Purchase Commitment Products actually delivered. Such amount shall be set off against the next monthly payment due from Miles to Diamond Scientific pursuant to Section 5.1 hereof. The delay fee described in this Section 4.3 shall not be applicable during any month in which Miles has suspended payments pursuant to Section 4.4.
Time is Money Join Law Insider Premium to draft better contracts faster.