Payment or Reimbursement Clause Samples

Payment or Reimbursement. In the event that a Claim have been finally ascertained, the amount of such Loss set forth in such final decision shall be paid to the Indemnified Party by the Indemnifying Party within ten (10) Business Days after the receipt of the notice delivered by the Indemnified Party to the Indemnifying Party with a copy of such final decision. A Claim, and the liability for the Loss therefore, shall be deemed to be finally determined for purposes of this Section (a) with respect to matters other than Third Party Claims, when the Parties have so determined by mutual agreement or, if disputed, when final decision from the Arbitration Tribunal in respect thereof has been rendered; and (b) with respect to Third Party Claims, when a final non-appealable order shall have been granted (decisão transitada em julgado).

Payment or Reimbursement. Notwithstanding any provision hereof to the contrary, any and all costs and expenses (including without limitation all Registration Expenses and all amounts paid or to be paid by the Partnership pursuant to Section 2.6 in respect of Losses) incurred or to be incurred by the Partnership in order to comply with the terms of this Agreement shall be paid directly by TETRA in the ordinary course of business, or if paid by the Partnership shall be reimbursed promptly to the Partnership by TETRA; provided that the provisions of this Section 3.1 shall not in any way limit or relieve the Partnership of any liability or obligation to the Noteholder Representative under this Agreement.

Payment or Reimbursement. In the event a Claim under this Section shall have been finally determined, the amount equivalent to the Losses set forth in such final decision shall be paid to the Indemnifying Party by the Indemnified Party within 10 (ten) Business Days after (i) such final determination, or (ii) receipt of the notice delivered by the Indemnified Party to the Indemnifying Party of such final determination. The responsibility of payment of any amount of Losses shall be deemed to be finally determined for purposes of this Section when the parties to such action have so determined by mutual agreement or, if disputed, when final decision from the arbitration tribunal in respect thereof has been rendered pursuant to Section 8 with respect to Direct Claims, or a final non-appealable order shall have been entered (decisão transitada em julgado) with respect to Third-Party Claims. i. Any payment of Indemnification under this Agreement shall be paid net of any and all Taxes or any other charges imposed by any relevant Governmental Entity. If the Party responsible for the payment of the Indemnification has to withhold any amounts from the Indemnification payments it shall gross up such payment so that the Indemnified Party receives an amount equal to the amount it would have received if no such Tax or charge were/had been due.

Payment or Reimbursement. Not later than 120 days before the beginning of each Fiscal Year, each Contracting Party shall submit to the Commission an estimate of its expenses for such Fiscal Year with respect to the administration of this Agreement. Not later than 90 days before the beginning of each Fiscal Year, the Commission shall, by resolution, adopt a budget for the Authority for such Fiscal Year, specifying the amount of expenses for which each Contracting Party may seek reimbursement hereunder. The Commission may, by resolution, revise the Authority's budget at any time during the Fiscal Year, as circumstances warrant. The Authority shall, upon request, pay or reimburse any Contracting Party for its reasonable expenses incurred and payments made in connection with the administration of this Agreement, within the limj.ts established by the Commission in the Authority's annual budget.

Payment or Reimbursement. In the event an indemnification event under this Section 12 shall have been finally determined, the amount equivalent to the indemnifiable loss set forth in such final decision shall be paid to the Indemnified Party by the Indemnifying Party within ten (10) Business Days after: (i) such final determination, or (ii) receipt of the notice delivered by the Indemnified Party to the Indemnifying Party of such final determination.

Payment or Reimbursement. The Sellers agree, jointly and severally, to reimburse and/or to pay to Buyer or Avemarau on demand, the full amount of any Loss incurred by Buyer or Avemarau in accordance with Section 8.1. Sellers agree that any amount claimed by Buyer or Avemarau with respect to any such Loss will be subject to monetary correction based on the IGP-M of the Fundacao ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ if such amount is not paid within thirty (30) days from the due date, plus interest at the annual rate of 12%.

Payment or Reimbursement of the costs of the constructing and equipping of the Project including any financing charges associated therewith;

Payment or Reimbursement by Borrower of (i) the interest payment due under the Note on January 1, 1999, in the amount of $83,640.70, (ii) an extension fee in the amount of $38,750.00, and (iii) all expenses incurred by or due to Lender with respect to the Loan, this Loan Agreement, the Note, the other Loan Documents, and the Project, including, but not limited to, commitment fees, tax service monitoring fees, fees and taxes on the Security Documents (including intangibles taxes and documentary stamp taxes), title insurance premiums, and fees and expenses of Lender's counsel;