PAYMENT ON Sample Clauses

PAYMENT ON. RECEIPT Buyer shall make payment for the goods at the time when, and at the place where, the goods are received by buyer.
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PAYMENT ON. Demand pay to the Bank on demand any sum of money which is payable by the Borrowers to the Bank under this Agreement, but in respect of which it is not specified in any other Clause when it is due and payable; and
PAYMENT ON. (a) Together with the delivery of the Quarterly Report by Watson to Seller, Watson shall pay Seller an amount equal to * of the Net Profit relating to Xxxxxx'x or any of its Subsidiaries' sale of * during the calendar quarter covered by the Quarterly Report; provided, however, that, in lieu of the foregoing *, until the earlier of the date upon which the * Payment (as defined herein) has been paid in full or December 31, 1998, Watson or one of its Subsidiaries shall pay Seller * of the Net Profit earned by Watson and its Subsidiaries on the sale of * during the period beginning on the Closing Date and ending on December 31, 1998. For purposes of this Agreement, the "*PAYMENT" shall mean an amount equal to $*, which amount is comprised of the sum of (i) any amount of Net Profit earned by the Company or one of its Subsidiaries on the sale of * during the period from the opening of business "*SEE PAGE ONE OF EXHIBIT" on August 11, 1997 through the Closing Date; and (ii) any amounts paid by Watson or one of its Subsidiaries to Seller pursuant to the proviso at the end of the first sentence of this Section 6.4(a) or Section 6.4(b)(ii) herein; and (iii) amounts paid to Seller or Parent pursuant to Section 2.13 of the Contract Manufacturing Agreement attached hereto as EXHIBIT B, but shall exclude the amounts paid by Watson to Seller pursuant to Section 6.4(e) herein.

Related to PAYMENT ON

  • Single Payment Only The parties hereto acknowledge and hereby agree that in no event shall the Company be required to pay the Termination Fee on more than one (1) occasion, whether or not the Termination Fee may be payable under more than one provision of this Agreement at the same or at different times and the occurrence of different events.

  • Payment on Notes The Company will pay all sums becoming due on each Note (including redemptions, whether for principal or interest) by check mailed to the holder of such Note at the registered address of such holder as set forth in the register kept by the Company at its principal office as provided in Section 8.1, without the presentation or surrender of such Note or the making of any notation thereon, except that any Note paid or prepaid in full shall be surrendered to the Company at its principal office for cancellation, provided that, in the case of any Note with respect to which any Purchaser or any subsequent Institutional Holder is the registered owner, and with respect to which any such subsequent Institutional Holder has given written notice to the Company requesting that the provisions of this Section 9 shall apply, the Company will punctually pay when due the principal thereof, interest thereon and premium, if any, due with respect to said principal, without any presentment thereof, directly to such Purchaser or to such subsequent Institutional Holder at such Purchaser's address set forth in Schedule I hereto or such other address as such Purchaser or such subsequent Institutional Holder may from time to time designate in writing to the Company or, if a bank account with a United States bank is designated for such Purchaser on Schedule I hereto or in any written notice to the Company from the Purchaser or from any such subsequent Institutional Holder, the Company will make such payments in immediately available funds to such bank account, marked for attention as indicated, or in such other manner or to such other account in any United States bank as such Purchaser or any such subsequent Institutional Holder may from time to time direct in writing. The Company will not be liable for failure to make payment on the Notes so long as the Company acts in accordance with any written instructions given by a Purchaser or any such Institutional Holder under Section 9. Prior to any sale or other disposition of any Note, the holder thereof will, at its election, either endorse thereon the amount of principal paid thereon and the last date to which interest has been paid thereon, or make such Note available to the Company at its principal office for the purpose of making such endorsement thereon.

  • Payment on Maturity Date Borrower shall pay to Lender on the Maturity Date the outstanding principal balance of the Loan, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Mortgage and the other Loan Documents.

  • Payment on non-Business Day If any payment by the Borrower under a Finance Document would otherwise fall due on a day which is not a Business Day:

  • Payment on Non-Business Days Whenever any payment to be made shall be due on a day which is not a Business Day, such payment may be due on the next succeeding Business Day.

  • Payment on Termination If Employee's employment is terminated by Employee with or without cause, or by Bank with or without cause, Employee shall be paid all base salary and benefits accrued under the Agreement as of the termination date.

  • Payment on Non-Banking Days Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Banking Day, such payment may be made on the next succeeding Banking Day, and such extension of time shall in such case be included in the computation of interest on the Advances or the fees hereunder, as the case may be.

  • Payment on Settlement Date On contractual settlement date, the account of the Fund will be charged for all purchased Investments settling on that day, regardless of whether or not delivery is made. Likewise, on contractual settlement date, proceeds from the sale of Investments settling that day will be credited to the account of Fund, irrespective of delivery. Exceptions to contractual settlement on purchases and sales, that will continue to settle delivery versus payment, include real estate, venture capital, international trades, open-ended mutual funds, non standard depository settlements and in-kind trades.

  • Repayment on Termination Date The Borrower hereby agrees to repay the outstanding principal amount of (i) all Revolving Credit Loans in full on the Revolving Credit Maturity Date, and (ii) all Swingline Loans in accordance with Section 2.2(b) (but, in any event, no later than the Revolving Credit Maturity Date), together, in each case, with all accrued but unpaid interest thereon.

  • Date of Payment Should the principal of or interest on the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.

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