Remitting Payment Clause Samples

Remitting Payment. You agree to promptly remit payment of the Purchase Price upon receipt of instructions from LaserTrade. You agree that LaserTrade, at its sole discretion, shall determine whether to accept payment in the Contract Currency or your User Currency (as per Section 6 below) and that you are not entitled to demand LaserTrade remit payment in the other currency, another currency, or apply a different exchange rate. LaserTrade reserves the right to apply the payment, or any part thereof, to any outstanding obligations you owe to LaserTrade before applying payment to the Purchase Price. You acknowledge that failure to remit sufficient funds to cover any outstanding obligations you owe to LaserTrade and the Purchase Price is not grounds to release you from any obligations of the purchase and sale agreement. LaserTrade shall generate in the Seller’s name and on the Seller’s behalf any required Tax Invoices. You agree that you shall not portray LaserTrade as the Seller of the Device(s) to any third party. Failure to receive these documents subsequent to remitting payment shall not be grounds to release you from any of your obligations in this Agreement.
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Remitting Payment. If required by Calian to operate the business, Sellers to pay the AP to any Vendors and Manufacturers for orders. Calian Corp. will remit the amount to Sellers at no additional cost.
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Remitting Payment. If any AR from acquired assets are directed to Sellers, Sellers to remit the amount to Calian Corp. at no additional cost. The net benefit of the acquired asset is to be realized by Calian.
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Related to Remitting Payment

  • Billing & Payment 6.2.1 The Generator shall raise a monthly energy ▇▇▇▇ based on the joint meter reading taken by the Generator and the MSEDCL at the end of each month along with the monthly fuel usage certificate certified by the Chartered Account, in the forms annexed as Annexures (A to E). 6.2.2 The due date for the payment of ▇▇▇▇ by the MSEDCL shall be thirty (30) days from the date of receipt of the ▇▇▇▇ in Circle Office.

  • Invoicing Payment All invoicing and payment for services performed under this Contract shall be as specified in Attachment B, hereto.

  • Corresponding Payment Each permanent reduction permitted pursuant to this Section shall be accompanied by a payment of principal sufficient to reduce the aggregate outstanding Revolving Credit Loans, Swingline Loans and L/C Obligations, as applicable, after such reduction to the Revolving Credit Commitment as so reduced, and if the aggregate amount of all outstanding Letters of Credit exceeds the Revolving Credit Commitment as so reduced, the Borrower shall be required to deposit Cash Collateral in a Cash Collateral account opened by the Administrative Agent in an amount equal to such excess. Such Cash Collateral shall be applied in accordance with Section 10.2(b). Any reduction of the Revolving Credit Commitment to zero shall be accompanied by payment of all outstanding Revolving Credit Loans and Swingline Loans (and furnishing of Cash Collateral satisfactory to the Administrative Agent for all L/C Obligations) and shall result in the termination of the Revolving Credit Commitment and the Swingline Commitment and the Revolving Credit Facility. If the reduction of the Revolving Credit Commitment requires the repayment of any LIBOR Rate Loan, such repayment shall be accompanied by any amount required to be paid pursuant to Section 5.9 hereof.

  • Withholding Payment In addition to the specific consequences explained in the Grant Work Plan and/or Special Terms and Conditions, the State of Florida (State) reserves the right to withhold payment when the Grantee has failed to perform/comply with provisions of this Agreement. None of the financial consequences for nonperformance in this Agreement as more fully described in the Grant Work Plan shall be considered penalties.

  • Closing Payment At the Closing, Buyer will pay or cause to be paid to Seller the Closing Payment Amount, by wire transfer of immediately available funds or by such other means as may be agreed upon by Seller and Buyer.