Payments and Expenses. All expenses of the Joint Venture shall be paid by MP
Payments and Expenses. From the funds collected and deposited in the account established pursuant to Section 1001 hereof, the Agent shall coordinate with the Owner and cause to be disbursed regularly and punctually the following:
Payments and Expenses. (a) When used in this Agreement, the following terms shall have the following meanings:
Payments and Expenses. 9.1. In addition to the payment of the Rent the Lessee shall pay the following payments during the entire Term of Lease or until the date of vacating the Leased Premises, whichever is later, and on the date designated for that purpose:
Payments and Expenses a. Fees and expenses are chargeable in accordance with the Booking. Where applicable VAT will be included charged at the appropriate rate
Payments and Expenses. The Administrative Agent and X. Xxxx shall have received all invoiced payments and other amounts due and payable on or prior to the Second Amendment Effective Date, including, payments required under the Letter Agreement (as defined below) and, to the extent invoiced, reimbursement or other payment of all out-of-pocket expenses required to be reimbursed or paid by Borrower hereunder.
Payments and Expenses. Xxxxxx will pay Contractor no less frequently than once per week for services rendered by Contractor, after presentation with a written invoice specifying the types and dates of work performed and the basis on which sums due are calculated. The types of work and bases of payment for it under this Agreement are as follows: _______________________________________________________________________ _______________________________________________________________________ _______________________________________________________________________ Except as is otherwise specifically provided in this Agreement, Contractor will, at its own expense, supply all material, equipment, personnel and labor necessary to perform its duties under this Agreement. Contractor shall keep adequate books of account and records to fully account for expenditures made in the performance of this Agreement and shall allow Xxxxxx full access to such books and records at any reasonable time. COMPLIANCE WITH FEDERAL, STATE AND MUNICIPAL LAWS : Contractor will comply with all federal, state and municipal laws and regulations relating to the performance of its duties hereunder including, but not necessarily limited to, those laws and regulations concerning agricultural labor, the establishment of pay rates, the payment of employees, the payment of taxes, the maintenance of payroll and other records, the reporting of employee information to governmental agencies and the posting of such notices and the providing to employees of such pamphlets as is required by law. Xxxxxx will have the right at any time during working hours to inspect Contractor's books and records to make certain that Contractor is complying with said federal, state and municipal laws and regulations. Contractor agrees to provide to Xxxxxx, on a regular basis, copies of its payroll records, in accordance with MSAWPA, 29 CFR part 500.80(c).
Payments and Expenses. Billing shall be by invoice prepared by SAIC each month. Unless otherwise agreed by SAIC in writing, payment shall be due within thirty (30) days after the date of invoice. SAIC shall not be required to provide any services during any periods of time while OP is delinquent on payments due to SAIC under this Agreement; and failure to make payments when due shall be cause to terminate this Agreement. SAIC shall be reimbursed by OP for all out-of-pocket expenses that are reasonably incurred in the performance of consulting services including, but not limited to, reasonable travel costs, per diem, telephone, communication and other expenses.
Payments and Expenses a. From the funds collected and deposited in the account established pursuant to Section 9 hereof, the Agent shall cause funds to be disbursed regularly and punctually in accordance with the provisions of the Loan Documents. If the Loan Documents are silent as to the disbursement of funds, then all funds shall be distributed in the following order and priority:
Payments and Expenses. In recognition of the considerable time and expense that the Parent has expended and will expend in entering into this Agreement, and pursuing the Merger and the other transactions contemplated hereby, and in order to induce Parent and Merger Subsidiary to enter into this Agreement, the Company shall pay to the Parent the amounts described in (a) and (b) below. (a)In the event that this Agreement is terminated and the Merger has not been consummated (other than as a result of the material breach by the Parent or Merger Subsidiary of their representations, warranties or covenants contained in this Agreement or the exercise by either party of the right to terminate under Section 9.1(h)), and if no Triggering Event (as hereinafter defined) has occurred, the Company shall reimburse the Parent for its time and expenses in pursuing and structuring the Merger in an amount equal to $250,000. In the event that this Agreement is terminated and the Merger has not been consummated as a result of the material breach by the Parent or Merger Subsidiary of their representations, warranties or covenants contained in this Agreement (and there shall have been no material breach by the Company of its representations, warranties or covenants contained in this Agreement), and if no Triggering Event has occurred, the Parent shall reimburse the Company for its time and expenses in pursuing and structuring the Merger in an amount equal to $250,000. (b)The Company shall pay to Parent $1,000,000 if the Merger is not consummated and any of the following have previously occurred ("Triggering Events"): (i)any other party shall have in any manner proposed (whether to management, the directors or the shareholders of the Company or otherwise) or communicated or announced its interest in pursuing an Extraordinary Transaction (after execution of this Agreement), such proposal or interest is publicly communicated or announced by any party, and the shareholders of the Company disapprove the Merger, this Agreement or the transactions contemplated hereby. (ii) more than 25% of the Shares held by the directors of the Company are voted against, or abstain from voting on, the Merger, this Agreement and the transactions contemplated hereby. (iii) the Company enters into an agreement (or reaches an agreement in principle) providing for an Extraordinary Transaction or the directors or shareholders of the Company shall have authorized or approved the entering into any such agreement or agreement in pr...
