Settlement mode Sample Clauses

Settlement mode. Party A shall divide the settlement payment received from the operator and calculate according to the actual number of users of the operator in each accounting period. The following is the settlement formula: Party B’s share income = The number of users of the operator in the current month * RMB[***] per user. Note: The number of users shall be subject to the operator data obtained by Party A, and the statistical data shall be jointly confirmed by Party A and Party B.
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Settlement mode. Within ten (10) days after this Contract is signed and comes into effects, the Buyer makes payment for goods based on the banker's acceptance b▇▇▇ within six (6) months and the Seller arranges the shipment after receiving the payment for goods.
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Settlement mode. Upon Settlement of a Transaction, the transferer’s Securities Account is debited with the Eligible Securities being the object of the Transactions and the Participant’s Funds Account is credited with the corresponding payment therefor. Simultaneously, the transferee’s Securities Account is credited with Eligible Securities being the object of the Transactions and the Participant’s Funds Account is debited with the corresponding payment therefor.
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Related to Settlement mode

  • Full Settlement; Mitigation The Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against the Executive or others, provided that nothing herein shall preclude the Company from separately pursuing recovery from the Executive based on any such claim. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts (including amounts for damages for breach) payable to the Executive under any of the provisions of this Agreement, and such amounts shall not be reduced whether or not the Executive obtains other employment.

  • The Settlement Following mediation with a neutral party, a Settlement has been reached. As part of the Settlement, a Qualified Settlement Fund of $39,500,000 will be established to resolve the Class Action. The Net Settlement Amount is $39,500,000 minus any Administrative Expenses (including taxes and tax expenses), Court-approved Attorneys’ Fees and Costs, and Class Representative Compensation. The Net Settlement Amount will be allocated to Class Members according to a Plan of Allocation to be approved by the Court.

  • Cashless Settlement Mechanism Notwithstanding anything to the contrary in this Agreement, any Lender may exchange, continue or rollover all or the portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless settlement mechanism approved by the Borrower, the Administrative Agent and such Lender.

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • Settlement Amount If the Non-Defaulting Party has declared an Early Termination Date pursuant to Section 7.2(b), the Non-Defaulting Party shall have the right to (i) accelerate all amounts owing between the Defaulting Party and the Non-Defaulting Party and to liquidate and terminate the undertakings set forth in this Agreement as between the Defaulting Party and the Non-Defaulting Party; and (ii) withhold any payments due to the Defaulting Party under this Agreement pending payment of the Termination Payment. The Non-Defaulting Party will calculate, in a commercially reasonable manner, the Settlement Amount with respect to the Defaulting Party’s obligations under the Agreement and shall net the Settlement Amount in the manner provided for in Section 7.3(c).