Payment to Respondents Clause Samples
The 'Payment to Respondents' clause defines the terms and conditions under which individuals or entities providing responses—such as survey participants, witnesses, or research subjects—are compensated for their participation. This clause typically outlines the amount, method, and timing of payment, and may specify eligibility requirements or conditions for receiving compensation, such as completion of certain tasks or provision of accurate information. Its core practical function is to ensure transparency and fairness in compensating respondents, thereby encouraging participation and minimizing disputes over payment.
Payment to Respondents. As soon as reasonably practicable after the Effective Date, the United States, on behalf of the SFAs, shall deposit $1,512,175 (“Initial Payment”), which represents 25% of 75% of the current estimated cost of the Work into an escrow account established by Respondents, in partial payment of Respondents’ Future Response Costs, by Automated Clearing House (ACH) Electronic Funds Transfer in accordance with instructions provided by Respondents.
Payment to Respondents. As soon as reasonably practicable after the Effective Date and after receipt of accurate payment instructions provided by Respondents, the United States, on behalf of the SFAs, shall deposit $12,000,000.00 into the Account, in full settlement of contribution claims for the Work, EPA Future Response Costs, ODEQ Response Costs, and Tribal Response Costs. The payment shall be by Automated Clearing House (ACH) Electronic Funds Transfer in accordance with instructions provided by Respondents.
Payment to Respondents. The Port of Portland (Port) shall pay a total of $12,000,000.00 into the Account established by the Respondents as follows:
Payment to Respondents. The State of Oregon, by and through its Department of State Lands (State) shall pay a total of $3,600,000.00 into the Account established by the Respondents in three payments as follows: