Payments and Obligations. All payments and obligations which come due shall be and remain due, and the existence of a dispute shall not suspend any duties under this License Agreement.
Payments and Obligations. The Borrowers shall make all payments of principal, interest and other charges as and when due under the Debentures, shall timely make all payments of any other monetary Obligations, shall perform or comply with, as the case may be, all of the other Obligations, and shall perform and comply in all respects with all applicable terms, conditions and covenants of all this Agreement and the other Investment Documents.
Payments and Obligations. In order to maintain the Option in good standing and to earn the interest in the Underlying Agreements, Property, and herein provided, the Optionee must duly complete the following:
Payments and Obligations. If monies are received by any party hereto which, under the terms of this Article XII, belong to another party, the same shall immediately be paid over to the proper party. If an invoice or other evidence of an obligation is received which under the terms of this Article XII is partially the obligation of Seller and partially the obligation of Buyer, then the parties shall consult each other and each shall promptly pay its portion of such obligation to the obligee.
Payments and Obligations. Payments hereunder shall be made addressed to the recipient at the addresses of the recipient parties provided on the first page of this Agreement or such other address or individual as may be designated by notice by the recipient party in accordance with section 7.1. If any payment or other obligation herein becomes due on a day that is not a Business Day, such payment or obligation shall be made or satisfied on the next succeeding Business Day.
Payments and Obligations. Each Party commits to remit payment resulting from obligations to members or providers within the payment terms and conditions agreed to in the relevant written agreement or contract. Where such an agreement or contract does not specify payment terms and conditions, Parties agree to remit payment based on the lesser of the payment term included on the payment request or their state’s standard business processes. Parties agree to submit fair, equitable and substantiated reimbursement and payment requests to other members for costs related to products, services, or other resources incurred or provided by themselves for the benefit of other members. Parties accept that a written agreement must exist between members before any request for reimbursement or payment can be requested or occur. Each Party agrees to maintain a ledger with an accompanying aging maintained at the transaction level which tracks the payment and remittance performance of all transactions between the Party and each member and provider and further agrees to provide a copy to the FEB and PMO at least monthly. As a result, each Party recognizes that delays in payments or non-payment on the part of the member will have an adverse impact on other members and providers and their ability to continue providing the products, services, or resources they provide to the Consortium and, therefore, agrees that as a consequence, they may be considered in breach and subject to Withdrawal or Removal per Section 7.4, or may have services withheld by providers and may be responsible to both the providers and other members for any associated costs related to services rendered as outlined in the project contract/agreement terms or invoice. Parties agree that all outstanding liabilities attributable to their participation in the Consortium at the time of their withdrawal or removal from the Consortium will be their responsibility and not that of other Consortium members. Such outstanding liabilities would be determined as a result of a financial reconciliation prepared jointly by the PMO and FEB and provided to the CEC for their review and approval.
Payments and Obligations. 5.1 The account holder can view his transaction history through the online banking services provided by the bank. If there is any objection to any transaction, the account holder must notify the bank within 30 days from the date of the account statement. The bank shall charge a fee for each claim submitted by the customer to the bank objecting any transaction if it is proved to the bank that the objection is not valid.
Payments and Obligations. Any payment by a Marathon Indemnified Person or an Ashland Indemnified Person as guarantor or obligor pursuant to the terms of any Guarantee or other obligation specified in Section 7.1 and Section 7.2, any payment by USX as guarantor or obligor pursuant to the terms of any Guarantee or other obligation specified in Section 3.5 of the Parent Agreement or any payment by Marathon or Ashland (i) pursuant to the terms of any Guarantee or other obligation entered into between the date hereof and Closing with the consent of the other party hereto, (ii) pursuant to the terms of any Contract that is included in the Marathon Transferred Assets or the Ashland Transferred Assets under which Marathon, a Marathon Transferring Entity, Ashland or an Ashland Transferring Entity, as the case may be, remains liable, in each case, to the extent such payment obligation arises from the conduct of the Company’s Business after the Closing, or (iii) pursuant to the terms of any new contract or any amendment of an existing contract that relates to the Marathon Transferred Assets or the Ashland Transferred Assets under which Marathon, a Marathon Transferring Entity, Ashland or an Ashland Transferring entity becomes or remains liable, in each case, to the extent such payment obligation arises from the conduct of the Company’s Business after the Closing and including all Losses incurred by Marathon, USX or Ashland in connection with any Third Party Claims relating to such Guarantees and other obligations.”
Payments and Obligations a. Licensee agrees to pay all future costs for development NRE as defined by the attached Exhibit B. Licensor agrees to pay all future fees and costs in connection with the Licensed Patents issued or applications pending at the date of the execution of this Agreement, or, subject to the payment of Non-Reoccuring Engineering Fees, any other future costs associated with the Technology.
Payments and Obligations. If monies are received by either party hereto which, under the terms of this Section 2.3, belong to the other party, the same shall immediately be paid over to the proper party. If an invoice is received by either party hereto which under the terms of this Section 2.3 is the obligation of the other party, then the party receiving the invoice shall promptly forward such invoice to such other party. If an invoice is received by either party which under the terms of this Section 2.3 is partially the obligation of Arrow River and partially the obligation of TXCO, then the parties shall consult with each other and each shall promptly pay its portion of such obligation to the obligee.
