No Payment Sample Clauses
The "No Payment" clause establishes that a party is not obligated to make certain payments under specified circumstances. Typically, this clause applies when particular conditions are not met, such as the non-delivery of goods or services, or the failure to achieve agreed milestones. Its core practical function is to protect parties from having to pay for incomplete, unsatisfactory, or undelivered obligations, thereby allocating risk and ensuring that payment is only made when contractual requirements are fulfilled.
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No Payment. The Executive acknowledges and agrees that no separate or additional payment will be required to be made to him in consideration of his undertakings in this Section 6.
No Payment. Except for Your obligations set forth in Section 10 of this Exhibit C, You are not obligated to pay Apple any commission for the Promo Codes.
No Payment. The Employee acknowledges and agrees that no separate ---------- or additional payment will be required to be made to him in consideration of his undertakings in this Section.
No Payment. No tuition payment shall be in addition to tuition paid under any other grant or scholarship.
No Payment. No payment to or from UTK and [Name or short form of Institution, if appropriate] for negotiating, agreeing to, signing or performing this agreement has or will be made. [Add stipulation, if appropriate]
No Payment. The Executive acknowledges and agrees that no separate or additional payment or compensation will be required to be made to her in consideration of her undertakings in this Section.
No Payment. No Buyer shall be obligated to pay Seller for any Facility Energy that is not or cannot be delivered to the Point of Delivery for any reason (including Force Majeure), except as otherwise stated in Section 7.4.
No Payment. Each Subordinated Party hereby agrees that, until the Termination Date: (a) no payment whatsoever on account of any of the Subordinated Obligations or any judgment with respect thereto (and no payment on account of the purchase or redemption or other acquisition of the Subordinated Obligations) shall be made by or on behalf of the Borrower; and (b) no Subordinated Party shall: (i) ask, demand, sue for, take or receive from the Borrower, by set-off or in any other manner, payment of any of the Subordinated Obligations; or (ii) commence or join with any other creditor or creditors of the Borrower in commencing any Proceedings against the Borrower or any shareholder thereof or seek any other remedy allowed at law or in equity against the Borrower for breach of the Borrower’s obligations under the instruments evidencing or representing any Subordinated Obligations. In the event that, notwithstanding the provisions of this Section 6, any Subordinated Party shall have received any payment or security prohibited by the provisions of this Section 6, including any such payment arising out of the exercise by any Subordinated Party of a right of set-off or counterclaim or any such payment received by reason of other Indebtedness of the Borrower being subordinated to the Subordinated Obligations, then, and in any such event, the provisions of Section 4 above shall apply. The provisions of this Section 6 shall not alter the rights of the Senior Parties under the provisions of Section 3 hereof or otherwise.
No Payment. Institution will not be paid for any Study Subjects whose enrollment in the Study deviates from the Protocol’s eligibility criteria or from whom Study Data cannot be analyzed because of Protocol deviations, lack of proper records or incomplete, uncorrected or unverifiable CRFs.
No Payment. The Assignor is transferring the Assignment to the Assignee for no payment or compensation. The Assignee’s consideration shall be recognized as the undertaking of any liabilities or obligations in the Assignment.