Second Provisional Payment Sample Clauses

Second Provisional Payment. 100% of the second provisional invoice value of the Payments less the Deductions, less the first provisional payment, based on the final wet weights and dry weights received at Impala warehouse, and final prices shall be paid to the party so owing 40 days after the first provisional payment date based on the following; - Second provisional invoice - Final wet weight and moisture certificate duly signed by an independent surveyor company acceptable to Buyer Final Payment Final payment shall be made by the party so owing latest 3 (three) Banking Days after the date final assays, weights and prices are known against presentation of the final invoice. In case Seller is indebted to Buyer by reason of having received provisional payment in excess of the amount of the final invoice, this difference shall be re-paid by Seller to Buyer by telegraphic transfer within 3 (three) Banking Days of final weights, final assays and final prices being known.
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Second Provisional Payment. In case Buyer is not ready to exchange assays within 45 days after the sealing date of the last composite sample of the monthly quota, then Seller has the right to request a Second Provisional Payment for 100% of the updated value, using the latest known assays and prices against presentation of the following:
Sample 1Sample 2
Second Provisional Payment. The Second Provisional Payment shall be paid upon completion of delivery of the full Lot or the Revised Lot to Buyer’s warehouse at Manzanillo, Mexico. Buyer shall pay for 75% (seventy-five percent) of the provisional value of the Ore, based on the provisional weight and assays of the Ore determined by AHK upon arrival of the Ore at Buyer’s warehouse, and less the value of the First Provisional Payment, latest 2 (two) Business Days following Buyer’s receipt of the following original documents:
Sample 1
Second Provisional Payment. 100% of the second provisional invoice value of the Payments less the Deductions, less the first provisional payment, based on the final wet weights and dry weights received at Impala warehouse, and final prices shall be paid to the party so owing 40 days after the first provisional payment date based on the following; - Second provisional invoice - Final wet weight and moisture certificate duly signed by an independent surveyor company acceptable to Buyer Final Payment Final payment shall be made by the party so owing latest 3 (three) Banking Days after the date final assays, weights and prices are known against presentation of the final invoice. CONTRATON 203-16CMX-013-0-P (LA) 5 Classified as: PRIVATE AND CONFIDENTIAL XX. XXXXX XX XX XXXXXXX 000, XXXX 00 OFICINA 2102, COL. XXXXX XX XXXXXXXXXXX, XXXXXX, X.X., X.X. 00000 TEL 00000000 FAX 00000000 In case Seller is indebted to Buyer by reason of having received provisional payment in excess of the amount of the final invoice, this difference shall be re-paid by Seller to Buyer by telegraphic transfer within 3 (three) Banking Days of final weights, final assays and final prices being known.
Sample 1
Second Provisional Payment. 100% of the second provisional invoice value of the Payments less the Deductions, less the first provisional payment, based on the final wet weights and dry weights received at Impala warehouse, and final prices shall be paid to the party so owing 40 days after the first provisional payment date based on the following; - Second provisional invoice CONTRATONo 203-16CMX-231-0-P (EF) 5 - Final wet weight and moisture certificate duly signed by an independent surveyor company acceptable to Buyer Final Payment Final payment shall be made by the party so owing latest 3 (three) Banking Days after the date final assays, weights and prices are known against presentation of the final invoice. In case Seller is indebted to Buyer by reason of having received provisional payment in excess of the amount of the final invoice, this difference shall be re-paid by Seller to Buyer by telegraphic transfer within 3 (three) Banking Days of final weights, final assays and final prices being known.
Sample 1

Related to Second Provisional Payment

  • Additional Payment (a) If, notwithstanding the provisions of Section 8(a)(ii), but subject to subsection (b), it is ultimately determined by a court or pursuant to a final determination by the Internal Revenue Service that any portion of Total Payments is subject to the tax (the "Excise Tax") imposed by Section 4999 of the Code (or any successor provision), then the Company shall pay to the Executive an additional amount (the "Gross-Up Payment") such that the net amount retained by the Executive after deduction of any Excise Tax and any interest charges or penalties in respect of the imposition of such Excise Tax (but not any federal, state or local income tax) on the Total Payments, and any federal, state and local income tax and Excise Tax upon the payment provided for by this Section 23 shall be equal to the Total Payments. For purposes of determining the amount of the Gross-Up Payment, the Executive shall be deemed to pay federal income taxes at the highest marginal rate of federal income taxation in the calendar year in which the Gross-Up Payment is to be made and state and local income taxes at the highest marginal rates of taxation in the state and locality of the Executive's domicile for income tax purposes on the date the Gross-Up Payment is made, net of the maximum reduction in federal income taxes that could be obtained from deduction of such state and local taxes.

  • Payment of Basic Rent Basic Rent shall be paid absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount thereof, without setoff, deduction or reduction.

  • Final Payment The Final Payment, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares;

  • Additional Payments Any sums expended by Agent or any Lender due to any Borrower’s failure to perform or comply with its obligations under this Agreement or any Other Document including any Borrower’s obligations under Sections 4.2, 4.4, 4.12, 4.13, 4.14 and 6.1 hereof, may be charged to Borrowers’ Account as a Revolving Advance and added to the Obligations.

  • Non-Payment The Borrower or any other Loan Party fails to pay (i) when and as required to be paid herein, any amount of principal of any Loan or any L/C Obligation, or (ii) within three days after the same becomes due, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or (iii) within five days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or

  • Payment of Base Rent Tenant agrees to pay the Base Rent for the Premises. Monthly Installments of Base Rent shall be payable in advance on the first day of each calendar month of the Term. If the Term begins (or ends) on other than the first (or last) day of a calendar month, the Base Rent for the partial month shall be prorated on a per diem basis. Tenant shall pay Landlord the first Monthly Installment of Base Rent when Tenant executes the Lease.

  • Interest Loan Payments Late Payment Charge 43 2.2.1 Payments. 43 2.2.2 Interest Calculation. 44

  • Late Payment Charge If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of five percent (5%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgage and the other Loan Documents to the extent permitted by applicable law.

  • Interim Payment Unless the Funding Date for a Loan is the first day of a calendar month, Borrower shall pay the per diem interest (accruing at the Loan Rate from the Funding Date through the last day of that month) payable with respect to such Loan on the first Business Day of the next calendar month.

  • Pre-Payment The Borrower may pre-pay all or any portion of the loan at any time.

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