Payment upon Sample Clauses
Payment upon first demand If the Borrower shall fail to pay any sum under the Finance Documents as and when such sum shall become due and payable, each Guarantor shall immediately upon the Agent's first written demand pay to the Agent for the account of the relevant Finance Party an amount equal to such sum which the Borrower shall not have paid, such payment to be made in immediately available funds to the account of the Agent, as the Agent may designate, without set-off or counter-claim and free and clear of and without deduction for or on account of any present or future Taxes.
Payment upon execution of this Agreement, ▇▇▇▇▇ shall receive two hundred twenty five thousand dollars ($225,000) as satisfaction for any Relocation Allowance he was otherwise entitled to receive pursuant to Section 6.2 of the Prior Agreement.
Payment upon. Termination 55.1 If the Contract is terminated because of a fundamental breach of Contract by the Contractor, the Project Manager shall issue a certificate for the value of the work done and Materials ordered less advance payments received up to the date of the issue of the certificate and less the percentage to apply to the value of the work not completed, as indicated in the Contract Data. Additional Liquidated Damages shall not apply. If the total amount due to the Employer exceeds any payment due to the Contractor, the difference shall be a debt payable to the Employer.
Payment upon. Change in Control. In the event of a Change in Control (as defined herein) during the term of this Agreement, the Bank agrees to pay Executive a cash payment equal to one times the Base Annual Salary of Executive received during the one (1) year period prior to the Change in Control, to be paid within thirty (30) days of the consummation of the Change in Control. The Bank's provision of this benefit to Executive is made without regard to whether, or for how long, Executive remains employed with the surviving company subsequent to the Change in Control.
Payment upon. Signing This Agreement. On the date that the Company signs and delivers this Agreement to Negor, the Company shall pay or cause to be paid to Negor the principal amount of Fifty Thousand United Dollars ($50,000.00).