Nonrefundable Payment Clause Samples
Nonrefundable Payment. BROADCASTER may require the Operator to pay an amount as may be determined by BROADCASTER fr om time to time, for each digital satellite receivers/integrated receiver decoder provided by BROADCASTER to the Operator under this Agreement. Such refundable security deposit amount wherever taken shall be refunded by BROADCASTER to the Operator upon expiry or earlier termination of the Agreement, subject to the Operator returning the digital satellite receivers/integrated receiver decoder in perfect working condition (reasonable wear and tear acceptable) and also subject to BROADCASTER setting off the refundable security deposit amount, or part thereof, with any amount receivable by BROADCASTER from the Operator on such date of expiry or termination of the Agreement.
Nonrefundable Payment. (a) In consideration for Stockholder (i) agreeing to vote its shares and granting to JRCC the irrevocable proxy provided for in Paragraph 1 above; (ii) agreeing to tender its Shares as provided in Paragraph 2 above; and (iii) granting the Option provided for in Paragraph 4, JRCC shall pay to Stockholder $1,000,000 on the date hereof. Such amount shall, subject to Paragraphs 3(b) and (c) below, be nonrefundable, but shall be credited in full against the amount Stockholder would otherwise be entitled to receive upon conversion of its Shares in the Merger, pursuant to any Tender Offer or pursuant to the exercise of the Option provided in Paragraph 4 below.
(b) If the Shares, on a fully diluted basis, do not represent a majority of the issued and outstanding shares of Company Common Stock on the date established for the purchase of the Shares by JRCC, whether in accordance with the Merger or upon exercise of the Option, the $1,000,000 to be paid by JRCC pursuant to Paragraph 3(a) above shall be fully refundable to JRCC.
(c) If Stockholder's representations and warranties set forth in paragraph 10 are not true and correct, if Stockholder breaches any covenant or agreement set forth herein or if the Company is not exempt from Section 203 of the Delaware General Corporation Laws, the $1,000,000 to be paid by JRCC pursuant to Paragraph 3(a) above shall be fully refundable to JRCC.
Nonrefundable Payment. In consideration for (i) SENOMYX’s initiation of the Synthetic Enhancing Compound Program, the Natural Enhancing Compound and the Natural Sweetener Program, (ii) SENOMYX’s agreement to provide future R&D services on an exclusive or co-exclusive basis during the Original Collaborative R&D Period, PEPSICO shall pay to SENOMYX a nonrefundable payment of US$30,000,000, of which US$7,500,000 has been previously paid by PEPSICO to SENOMYX in connection with the execution of the Term Sheet and the remaining US$22,500,000 of which shall be paid by PEPSICO to SENOMYX within […***…] of the Effective Date. Such payment shall be non-refundable and non-creditable. SENOMYX acknowledges that the foregoing payment was already paid by PEPSICO in 2010.
Nonrefundable Payment. Upon execution of this Contract, Owner shall pay to Contractor a nonrefundable payment in the amount of 10% of Amount ($X.XX), which amount shall be applied against the Contract Price. This nonrefundable payment will be credited to the Final Payment (as hereinafter described), provided Owner is not in default of any of the obligations of this Contract. If for any reason Owner fails to perform the obligations required of Owner by this Contract or by law, or if Contractor terminates this Contract per section 6, the Nonrefundable Payment will be retained by Contractor, but such retained payment shall not waive, exclude, or preclude Contractor’s other rights or remedies.
Nonrefundable Payment. Upon the execution of this Agreement, Accuride shall pay or cause to be paid to Kaiser an irrevocable, nonrefundable payment in the amount of Thirty-Five Million Dollars ($35,000,000), payable in cash by wire transfer of immediately available funds to the account or accounts specified in writing by Kaiser (the "NONREFUNDABLE PAYMENT").
Nonrefundable Payment. In consideration for (i) SENOMYX’s initiation of the Synthetic Enhancing Compound Program, the Natural Enhancing Compound and the Natural Sweetener Program, (ii) SENOMYX’s agreement to provide future R&D services on an exclusive or co-exclusive basis during the Original Collaborative R&D Period, PEPSICO shall pay to SENOMYX a nonrefundable payment of [15], of which […***…] has been previously paid by PEPSICO to SENOMYX in connection with the execution of the Term Sheet and the remaining […***…] of which shall be paid by PEPSICO to SENOMYX within […***…] of the Effective Date. Such payment shall be non-refundable and non-creditable. SENOMYX acknowledges that the foregoing payment was already paid by PEPSICO in 2010.
Nonrefundable Payment. MB agrees to accept from Purchaser at the time of execution of this Agreement a nonrefundable payment in the amount of seven hundred forty seven thousand seven hundred eighty-two dollars and 00/100 ($747,782.00), representing the Total Purchase Price.
Nonrefundable Payment. In consideration for (i) SENOMYX’s initiation of the Synthetic Enhancing Compound Program, the Natural Enhancing Compound and the Natural Sweetener Program, (ii) SENOMYX’s agreement to provide future R&D services on an exclusive or co-exclusive basis during the applicable Collaborative R&D Period as described by Section 7.1, and (iii) the Extension Option provided in Section 2.3 pursuant to which PEPSICO may extend the Collaborative R&D Period for one or more of the Collaborative R&D Programs, PEPSICO shall pay to SENOMYX a nonrefundable payment of US$30,000,000, of which US$7,500,000 has been previously paid by PEPSICO to SENOMYX in connection with the execution of the Term Sheet and the remaining US$22,500,000 of which shall be paid by PEPSICO to SENOMYX within fifteen days of the Effective Date. Such payment shall be non-refundable and non-creditable.
Nonrefundable Payment. In consideration of the license granted herein, Licensee shall pay to Licensor the nonrefundable fee (“License Fee”) set forth on Exhibit A by wire transfer on or before July 31, 2005 and shall issue a purchase order reflecting the foregoing on or before June 30, 2005. All payments shall be made by wire transfer to Silicon Valley Bank 3▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Phone: 4▇▇-▇▇▇-▇▇▇▇ Account #3300045171 ABA # 1▇▇▇▇▇▇▇▇ For the credit of Tumbleweed Communications (TIN: 9▇-▇▇▇▇▇▇▇).