Payment of CSF Sample Clauses

Payment of CSF. 1. Subject to the other provisions of this Section II., on or before November 15 of each calendar year during the Construction Phase, JCEP shall pay to the Zone Manager a CSF (“Construction Phase CSF”) of Twelve Million and No/100 U.S. Dollars ($12,000,000.00); provided that if the Construction Phase lasts for more than five (5) Tax Years, the Construction Phase CSF will be reduced to (a) Three Million Six Hundred Thousand and No/100 U.S. Dollars ($3,600,000.00) for each of the sixth (6th), seventh (7th), eighth (8th), ninth (9th) and tenth (10th) Tax Years during the Construction Phase. Notwithstanding the foregoing, the Construction Phase CSF attributable to the first Tax Year of the Construction Phase shall be paid on or before the later of (i) the ninetieth (90th) day following the Construction Start Date or (ii) the first November 15 following the Construction Start Date.
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Payment of CSF 

Related to Payment of CSF

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

  • Payment of Note Punctually pay or cause to be paid the principal of, interest on and all other amounts payable hereunder and under the Note in accordance with the terms thereof.

  • Payment of Amounts The Death Benefit payable on the death of the Owner, or after the death of the first Owner, or upon the death of the spouse who continues the Contract, will be distributed to the designated Beneficiary(s) as follows:

  • Payment of Notes 45 Section 4.02 Maintenance of Office or Agency................................................................ 45 Section 4.03 Reports........................................................................................ 45 Section 4.04

  • Payment of Management Fee To facilitate the payment of the Management Fee as provided in Section 5.1 hereof, the Practice hereby expressly authorizes Professional Business Manager to make withdrawals of the Management Fee from the Professional Practice Account as such fee becomes due and payable during the Term in accordance with Section 3.10(a) and after termination as provided in Section 6.3. Professional Business Manager shall deliver to the Practice an invoice for the Management Fee accompanied by a reasonably detailed statement of the information upon which the Management Fee calculation is based.

  • Payment of normal interest Subject to the provisions of this Agreement, interest on the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.

  • Payment of Costs Each party to a hearing before an arbitrator shall bear his/her own expenses in connection therewith. All fees and expenses of the arbitrator and of a reporter shall be borne one-half by the County and one-half by the grievant.

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