Payment Mechanism Sample Clauses

Payment Mechanism. All payments under this Agreement shall be made in United States Dollars, unless otherwise agreed, and within ten (10) days after the end of the month in which the obligation to make the payment is incurred to a bank specified by the Party to whom the payment is due.
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Payment Mechanism. 9.4.1 KSIDC shall be the payment agency for all kind of payments, except Power tariff, that are required to be made to the Concessionaire, as envisaged in this Concession Agreement, based on instructions issued by the PMU/ Authority.
Payment Mechanism. 6.3.1 All payment to be made by MSEDCL to the Generator under this Agreement shall be made by RTGS / Electronic Transfer. For payment through RTGS / Electronic Transfer the Generator shall submit the notarized affidavit on Rs. 200/- stamp paper mentioning the name of the bank alongwith bank & account details, in accordance with the provisions of Clause 6.2 above.
Payment Mechanism. Apart from the Progress Payments, payment by the Province to the Contractor under this Agreement shall be in the form of a single monthly payment (the “Payment”) comprised of the amounts described below in clauses (a) and (b) less the amounts described below in clauses (c), (d) and (e):
Payment Mechanism. All sums due under this Agreement:
Payment Mechanism. 6.2.1. The payment shall be made to the AMISP in Indian Rupees (INR) only.
Payment Mechanism. Subject to Paragraph 6 of this Agreement, within eight calendar days after (a) entry of a Final Judgment, (b) the entry of an order requiring that payment be made as part of a Settlement of the Class Action, or (c) the execution by all parties thereto of any Settlement of any Individual Plaintiff Action, Subsequent Individual Plaintiff Action, or Opt-Out Action, each Signatory hereto shall cause the amount of its Settlement-Sharing Payment Obligation or Judgment-Sharing Payment Obligation (as applicable) under this Agreement to be paid, by wire transfer, into a segregated escrow account (the “MasterCard-Related Payment Escrow Account”) to be established for the receipt of such funds from the Signatories and for the payment of the Settlement or Final Judgment to be paid by Signatories to Claimants in accordance with this Agreement. Notwithstanding the foregoing, (i) the Signatories may provide in a Settlement agreement for an alternative mechanism for the timing of the Signatories’ payment of any Settlement-Sharing Payment Obligation under this Agreement, or (ii) in the event that a stay is granted with respect to the Monetary Portion (or portion thereof) of any Final Judgment, then the time contemplated for the Signatories to satisfy its Judgment-Sharing Payment Obligation with respect to that Monetary Award (or portion thereof) shall run from the date on which the stay is lifted.
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Payment Mechanism. 7.6.1 The settlement period of the bill of Seller for the energy supplied to Procurer shall be 30 days from the date of submission of the bill to the concerned DISCOM where power is injected.
Payment Mechanism. If the Buyer makes the Election ----------------- pursuant to Section 7.1(a), the Buyer shall pay to the Sellers the amount of the Election Tax Cost by March 15, 1999. The Buyer's determination of the Election Tax Cost shall be final and binding upon the parties to this Agreement unless within thirty (30) days after receipt by the Sellers of the Buyer's computation of the Election Tax Cost the Sellers shall have delivered to the Buyer a notice (an "ETC --- Disagreement Notice") setting forth specific objections to the amount or ------------------- calculations of the Election Tax Cost. If any ETC Disagreement Notice is delivered by the Sellers to the Buyer in a timely manner indicating objections to the amount of the Election Tax Cost, then during a period of ten (10) Business Days following delivery by the Sellers of such ETC Disagreement Notice, the Buyer and the Sellers shall attempt to resolve, in writing, any differences they have with respect to any matter specified in the ETC Disagreement Notice and to agree on the amounts of the calculations made in determining the Election Tax Cost. If at the end of such 10-Business Day period, the Buyer and the Sellers have failed to reach written agreement with respect to any of such matters, then either of the Buyer or the Sellers may submit a demand for resolution as to matters as to which they have failed to reach written agreement to the CPA Firm (in such capacity, the "ETC Accountant"). The -------------- ETC Accountant shall on or prior to the date that is thirty
Payment Mechanism. All Pan American Shares issuable in respect of the Rights will be automatically issued on the Payment Date for and on behalf of the Holders thereof and the Holders thereof shall, without payment of additional consideration or any further action on the part of the Holders thereof (including the surrender of any Rights Certificates), be deemed to have subscribed for the corresponding number of Pan American Shares issuable pursuant to such Rights and the parties hereby irrevocably authorize the issuance of the Pan American Shares. Pan American or its registrar and transfer agent shall cause to be mailed to the address of the Holder of the Rights last appearing on the register of Holders maintained by the Rights Agent pursuant to Section 2.8, Pan American Shares in the name of such Holder representing the CVR Payment Amount issuable to the Holder in respect of such Rights, as fully paid and non-assessable shares of Pan American, in accordance with Section 2.2, if and when necessary.
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