Ongoing Payment Obligations Clause Samples
The Ongoing Payment Obligations clause establishes the requirement for one or both parties to continue making specified payments throughout the duration of the agreement, regardless of other circumstances. This may include regular fees, royalties, or installment payments that must be paid on a recurring basis, even if certain services are delayed or other obligations are being disputed. By clearly outlining these continuing payment responsibilities, the clause ensures consistent cash flow and prevents disputes over whether payments are still due during the contract term.
Ongoing Payment Obligations. All wages earned for work I have performed but which remain unpaid as of my date of termination, shall be payable to me in accordance with federal and state law.
Ongoing Payment Obligations. Notwithstanding that any Credit Enhancement shall have been provided under Section 6.4, Shipper shall continue to make ongoing payments under this Agreement, as and when such payments are due and payable under the terms hereof and thereof.