Common use of Sums Due Clause in Contracts

Sums Due. In the event of a termination of this Services Agreement, the Service Providers shall be entitled to the immediate payment of, and the recipient of such Services shall within seven Business Days, pay to the Service Providers, all accrued amounts for Services under this Services Agreement as of the date of termination. Unless otherwise specified herein, all amounts due to any party shall be paid in cash, by wire transfer of available funds to an account or accounts specified in writing to the payor by the person entitled to such payments.

Appears in 4 contracts

Samples: Form of Transition Services Agreement (Genesis Healthcare Corp), Form of Transition Services Agreement (Neighborcare Inc), Transition Services Agreement (Genesis Healthcare Corp)

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Sums Due. In the event of a termination of this Services Agreement, the Service Providers shall be entitled to the immediate payment of, and the recipient of such Services shall Receiving Party shall, within seven five (5) Business Days, pay to the Service Providers, all accrued amounts for Services Services, taxes and other amounts due under this Services Agreement as of the date of termination. Unless otherwise specified herein, all amounts due to any party Payments not made within five (5) Business Days of termination of this Services Agreement shall be paid subject to late charges as provided in cash, by wire transfer of available funds to an account or accounts specified in writing to the payor by the person entitled to such paymentsSection 3.02(a).

Appears in 2 contracts

Samples: Administrative Services Agreement (Lazard LTD), Administrative Services Agreement (Lazard LTD)

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