Common use of Payment Method and Timing Clause in Contracts

Payment Method and Timing. The Parties agree that all payments due under this Settlement Agreement shall be payable via either a check, due within ten days of the Effective Date, or by a wire transfer. Should Oatey elect to remit its payment via a wire transfer, the Parties further agree that such transfer shall be initiated within ten (10) days of the Effective Date or the date upon which 0RRUH¶V FRXQVHO SURYLGHV 2DWH\¶V FRXQVHO ZLWK DQ HPDLO FRQWDLQLQJ ZLUH WUDQVIHU LQVWUXFWLRQV.