Plan Payments Sample Clauses
The Plan Payments clause defines the obligations and procedures for making payments under a specific plan, such as a payment schedule in a contract or bankruptcy proceeding. It typically outlines the timing, method, and amount of payments required from one party to another, and may specify consequences for missed or late payments. This clause ensures that all parties have a clear understanding of their financial responsibilities, thereby reducing the risk of disputes and promoting timely fulfillment of payment obligations.
Plan Payments. If applicable, Fund hereby authorizes Computershare to receive all payments made to Fund (i.e., optional cash purchases) or Transfer Agent under the Plans and make all payments required to be made under such Plans, including all payments required to be made to Fund. For optional cash purchases, in the event funds are unavailable for any reason (including, without limitation, due to a rejection or reversal of the payment), Computershare shall sell the Shares purchased and any gain thereon shall accrue to Computershare.
Plan Payments. Company hereby authorizes Computershare to receive all payments made to the Company (i.e. optional cash purchases) or the Transfer Agent under the Plans and make all payments required to be made under such Plans, including all payments required to be made to the Company.
Plan Payments. The Borrower and each ERISA Affiliate has made full and timely payment of all amounts (i) required to be contributed under the terms of each Plan set forth on Schedule 6.17 and applicable law and (ii) required to be paid as expenses of each Plan set forth on Schedule 6.17. No Plan set forth on Schedule 6.17 would have an "amount of unfunded benefit liabilities" (as defined in Section 4001(a)(18) of ERISA) if such Plan were terminated as of the date on which this representation and warranty is made.
Plan Payments. Each Company hereby authorizes Computershare to receive all payments made to the Company (i.e., optional cash purchases) or the Transfer Agent under the Plans and make all payments required to be made under such Plans, including all payments required to be made to Company. For optional cash purchases, in the event funds are unavailable for any reason (including, without limitation, due to a rejection or reversal of the payment), Computershare shall sell the Shares purchased and any gain thereon shall accrue to Computershare.
Plan Payments. Using funds received from Employer, DBI shall pay the amounts due as a result of the operation of the Plan and in compliance with the participant’s current Plan elections.
Plan Payments. If applicable, Customer hereby authorizes DTAC to receive all payments made to Customer (i.e., optional cash purchases) under the Plans and make all payments required to be made under such Plans, including all payments required to be made to Customer. For optional cash purchases, in the event funds are unavailable for any reason (including, without limitation, due to a rejection or reversal of the payment), DTAC shall sell the Shares purchased and any gain thereon shall accrue to DTAC.
Plan Payments. Fund hereby authorizes Computershare to receive all payments made to the Fund (i.e. optional cash purchases) or the Transfer Agent under the Plans and make all payments required to be made under such Plans, including all payments required to be made to the Fund.
Plan Payments. Seller will with respect to each Transferred Salaried Employee pay all costs, expenses, benefits and claims incurred prior to the Applicable Employment Date in respect of such Transferred Salaried Employee under its benefit plans and will pay all accrued payroll up to the Closing Time.
Plan Payments. Except as contemplated by this Agreement, neither the execution and delivery of this Agreement and all other agreements contemplated hereby, nor the consummation of the transactions contemplated hereby will: (i) result in any payment by Mentorix (including, without limitation, severance, unemployment compensation, parachute payment, bonus or otherwise) becoming due to any director, employee, or independent contractor of Mentorix under any Plan, (ii) increase any benefits otherwise payable under any Plan or (iii) result in the acceleration of the time of payment or vesting of any such benefits.
Plan Payments. Company hereby authorizes CSSI to receive all payments made to the Company (i.e. optional cash purchases) or the Transfer Agent under the Plans and make all payments required to be made under such Plans, including all payments required to be made to the Company.