Monetary Payment Sample Clauses
The Monetary Payment clause establishes the obligation for one party to pay a specified sum of money to another party under the terms of the agreement. Typically, it outlines the amount due, the payment schedule, acceptable methods of payment, and any conditions or deadlines associated with the transfer of funds. This clause ensures that financial transactions between the parties are clearly defined and enforceable, thereby reducing the risk of disputes over payment terms and providing certainty regarding financial obligations.
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Monetary Payment. CBI shall pay LumiCyte Three Million Dollars ($3,000,000) within six (6) days after CBI has received fully-executed copies of each of this Settlement Agreement, the Assignment Agreement, the Exclusive License Agreement and the Stock Purchase Agreement, by wire transfer to the following account: Silicon Valley Bank ABA ▇▇▇▇▇▇▇▇▇ Acct. No. 3300196374 Acct. Name LumiCyte, Inc.
Monetary Payment. In consideration of the Municipal Library services, the County shall pay to the Municipal Library, for the term of this agreement, the total sum of $56,619 payable in one sum not later than March 1, 2022.
Monetary Payment. Compensation for callback to work is one and one-half times the base pay rate for the hours worked with a guaranteed minimum of three hours pay.
Monetary Payment. ▇▇▇▇ shall pay OAG the sum of $140,000.00. Of this amount, $100,000.00 shall be paid as civil penalties pursuant to Chapters 542 and/or 501, Part II, Fla. Stat., and the remaining $40,000.00 shall be paid for OAG’s fees and costs incurred in this investigation and Litigation. Such settlement amounts shall be paid within forty-five (45) days of the date of this Agreement by certified check or cashier’s check made payable to the Department of Legal Affairs and delivered to ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, Director, Antitrust Division, Office of the Attorney General, ▇▇▇ ▇. ▇▇▇▇▇▇ Street, Tallahassee, Florida 32399.
Monetary Payment. In exchange for the promises and warranties of Plaintiffs ▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ in their capacities as contained herein, Defendants Do Lab Inc., and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ individually and d.b.a RGX Medical, and their insurers, contingent upon court approval of a good faith settlement to be obtained by defendants, shall pay the one-time total lump sum of FOUR MILLION DOLLARS ($4,000,000) by checks made payable as follows:
(a) $2,000,000.00 to Plaintiff ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇’ attorneys, “Pachowicz Goldenring – Client Trust Account” (Federal Tax Identification Number ▇▇-▇▇▇▇▇▇▇);
(b) $2,000,000.00 to Plaintiff ▇▇▇▇▇ ▇▇▇▇▇▇’▇ attorneys, “▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇ – Client Trust Account” (Federal Tax Identification Number ▇▇-▇▇▇▇▇▇▇.
Monetary Payment. WANIC shall pay ISD 95% of the WaNIC program FTE apportionment received for students enrolled in these satellite programs. This payment shall be reduced by ISD share of the WaNIC operating costs.
Monetary Payment. Defendants will pay an aggregate of $40,000,000 (the 9 “Settlement Amount”) in two payment-installments of $20,000,000 each. The first payment- 10 installment of $20,000,000 in U.S. dollars (“First Payment-Installment”), shall be paid no later 11 than ten (10) business days following the entry of the Preliminary Approval Order and receipt by 12 Defendants of complete payee information, including an executed Form W-9, and complete 13 payment instructions. The second payment-installment of $20,000,000 in U.S. dollars (“Second 14 Payment Installment”) shall be paid by the later of (a) ten (10) business days following the 15 Effective Date or (b) January 11, 2019.
Monetary Payment a. Within three (3) business days of the Bombe Closing Date, TPR shall provide to Assignee in writing a schedule showing all fees, costs and expenses paid by TPR between execution of the Bombe Agreement through the Bombe Closing Date in connection with the Nevada Litigation. Within three (3) business days thereafter, Assignee shall pay to TPR said amount of fees, costs and expenses. The Assignment shall become effective upon this payment by the Assignee (the “Effective Date”). Any fees, costs and expenses incurred by TPR in connection with the Nevada Litigation by the Bombe Closing Date but not yet paid shall be the sole responsibility of Assignee.
Monetary Payment. Upon receipt of a completed W-9 form from each Designated Payee, Relmada II shall pay a sum total of One Million Five Hundred Thousand Dollars ($1,500,000.00) (the “Payment”) to the identified Designated Payee by wire transfer according to the banking and wire transfer instructions attached hereto as Exhibit “A” and as provided below. The Defendants shall not be responsible for the payment of any federal, state, or local taxes under this Agreement. Any and all taxes, federal, state and/or local, if any, shall be the responsibility of Babul and/or the Designated Payee. Relmada will issue two 1099s, one in the amount of $676,126.00 to ▇▇▇▇▇ ▇▇▇▇▇▇ Law, and another in the amount of $823,874.00 to Cinergen, LLC. No monies whatsoever are due and owing from any of the Defendants, except for such amounts from Relmada II as stated in this paragraph.
a. Relmada II shall pay Two Hundred and Fifty Thousand Dollars ($250,000.00) (the “First Payment”) by wire transfer immediately after both Babul and Relmada II have executed this Agreement.
b. Relmada II shall pay Two Hundred and Fifty Thousand Dollars ($250,000.00) (the “Second Payment”) no later than February 6, 2019.
c. Relmada II shall pay Two Hundred and Fifty Thousand Dollars ($250,000.00) (the “Third Payment”) no later than March 31, 2019.
d. Relmada II shall pay Two Hundred and Fifty Thousand Dollars ($250,000.00) (the “Fourth Payment”) no later than June 30, 2019.
e. Relmada II shall pay Two Hundred and Fifty Thousand Dollars ($250,000.00) (the “Fifth Payment”) no later than September 30, 2019.
f. Relmada II shall pay Two Hundred and Fifty Thousand Dollars ($250,000.00) (the “Sixth Payment”) no later than December 31, 2019.
Monetary Payment. 4.1. Apple shall pay a total of One Hundred and Thirteen Million Dollars ($113,000,000.00) to the Attorneys General, to be apportioned amongst the Attorneys General at their sole discretion. The amount apportioned to the Wisconsin Attorney General, $3,293,355.19, is to be paid by Apple directly to the Wisconsin Department of Justice. The wiring instructions shall be provided to Apple no later than seven (7) days after the Effective Date. Apple shall make the payment within sixty (60) days of the Effective Date. Said payment to the Wisconsin Department of Justice shall be used and designated by and in the sole discretion of the Wisconsin Attorney General and shall be used for reimbursement of attorney fees and other costs of investigation; distribution or application to any applicable consumer protection enforcement funds, including future consumer protection enforcement, consumer education, litigation or local consumer aid, or revolving funds; defraying the costs of the inquiry leading hereto, or any other lawful purpose, at the sole discretion of the Wisconsin Attorney General. Upon completion of the wire transfer described above, Apple shall have no further obligation to assist the State of Wisconsin in its use of its portion of the payment.