Support Payments Sample Clauses

Support Payments. (a) SunEdison shall, or shall cause one of its Affiliates (other than EM LLC and its subsidiaries) to:
AutoNDA by SimpleDocs
Support Payments. Section 3.4 of Amendment #2 and Section 8 of the Software Agreement are hereby changed to include an annual support fee of [*] to cover the following support activities: i) updates, revisions, bug fixes and new releases of agent Software for all platforms, ii) bug, fixes for all RMON Products; iii) on-going consulting, including architectural issues, to Cisco for existing and future RMON Products.
Support Payments. (a) SunEdison shall, or shall cause one of its Affiliates (other than Terra, Terra LLC and their subsidiaries) to:
Support Payments. (i) Sponsor shall provide to Institute funding, including direct and indirect costs, for the Research as provided in this Section 5(a) (“Support Payments”). Support Payments for indirect costs shall not exceed [***] percent ([***]%) of the total direct costs invoiced. Such Support Payments will be made within [***] of Sponsor’s receipt of invoices for costs actually incurred pursuant to the agreed Research Plan.
Support Payments. During the Term, NeuroRx shall pay Glytech a support payment (the “Support Payment”) of $100,000 per year (payable monthly) for its continued development of the Licensed Patents and assistance with the preparation of FDA filings and clinical protocol development. The Support Payment will be increased to $250,000 per year upon the closing of the Third Financing Round. NeuroRx shall also reimburse Glytech for reasonable documented travel expenses in connection with such support efforts, including up to $50,000 per year to support travel to meetings related to patent prosecutions. Any obligations hereunder not timely paid within 30 days shall bear the Late Payment Fee.
Support Payments. The City shall make semi-annual payments to the 964 Developer, in the aggregate annual amounts and according to the schedule below in order to 965 compensate Developer for the Financing and development of the Parking System (“Support 966 Payments”). Such Support Payments are in addition to, and are not a substitute for, the Fees 967 collected and retained by the Developer from the operation of the Parking System and the 968 Stabilization Payments. The Parties have agreed that the City will make Support Payments for 969 years one through six after the Effective Operational Date in the amounts set forth in the table 970 below. Thereafter, starting annually in year seven (7) after the Effective Operational Date, the 971 Support Payments will increase on an annual basis, as set forth in Section 7.1.1. The Support 972 Payments will commence no earlier than six months after the Effective Operational Date and 973 Support Payments will occur semi-annually thereafter (“Support Payment Date”). For each 974 Support Payment, Developer will submit a written payment request to the City sixty (60) days 975 prior to the Support Payment Date. The City agrees to pay Developer the aggregate annual 976 amount specified in the chart below, with each semi-annual payment being made on or prior to 977 the Support Payment Date. Effective Operational Date Anniversary Amount Year 1 $650,000 2nd $700,000 3rd $750,000 4th $800,000 5th $850,000 6th $900,000 978
Support Payments. On each of November 15, 1996, December 15, 1996, and January 15, 1997 and subject to HOMI's obligations under Section 3 hereof, OCI shall pay HOMI the amount of $27,150.00 and HOMI agrees to continue to provide support to End Users of FOCIS under the provisions of Section 6.2 of the Agreement.
AutoNDA by SimpleDocs
Support Payments. (a) If, in any month, a District that is a member of a Support Group for Supported Obligations that are Senior Obligations determines that it will have a Supported Obligations Deficit Amount in respect of such Supported Obligations, such District (being the Supported District), shall, as soon as possible, but in any event no later than the fifth Business Day immediately preceding the last day of such month, notify each other District that is a member of such Support Group (being the Supporting Districts) (i) that such Supported District has determined that it will have a Supported Obligations Deficit Amount in respect of such Supported Obligations in such month, and (ii) of such Supported Obligations Deficit Amount. Each such Supporting District so notified of such Supported Obligations Deficit Amount shall be obligated to make a Support Payment in respect thereof, which Support Payment shall be equal to the lesser of (i) an amount equal to the product of (A) such Supported Obligations Deficit Amount, times (B) a fraction, the numerator of which is the Shared Project Percentage of such Supporting District with respect to such Supported Obligations, and the denominator of which is the sum of the Shared Project Percentages of all Supporting Districts with respect to such Supported Obligations, and (ii) an amount equal to 20% of the Supported Obligations Transfer Amount of such Supporting District for such month in respect of such Supported Obligations. Each of such Supporting Districts so notified in such month shall, in accordance with paragraph (ii) of Section 3.03(c), no later than the third Business Day preceding the last day of such month, transfer from its Operating Fund to such Supported District an amount equal to such Supporting District’s Support Payment for such month in respect of such Supported Obligations, or such other amount as is required to be so transferred pursuant to said paragraph. Upon receipt of any of such Support Payments, such Supported District shall immediately transfer such Support Payment to such Supported District’s Senior Obligation Payment Fund. Such Supported District shall, as and when such amount becomes available therefor pursuant to paragraph (vii) of Section 3.03(c), transfer to each such Supporting District, an amount equal to such Support Payment made by such Supporting District, or such other amount as is required to be so transferred pursuant to said paragraph. The transfer by a Supporting District to a Supported D...
Support Payments. (a) In consideration of the City's agreement to cause the Phase III Project to be constructed, the District shall pay to the City, the CCFD, a trustee for the Lease Revenue Bonds or a trustee for the CCFD Bonds, as the City shall direct, twenty (20) annual Support Payments, with the first annual Support Payment to be due and payable on the July 15 following completion and issuance of the final certificate of occupancy permit for the Phase III Project, with each subsequent annual Support Payment to be due and payable on July 15 of each subsequent calendar year (each a "Support Payment Date"), each Support Payment to be in the amount specified in the Support Payment Schedule attached hereto as Appendix A. In addition to all other remedies available to the City hereunder, including without limitation, pursuant to Section 5.01 hereof, unpaid Support Payments shall bear interest from their respective Support Payment Dates to and including their date of payment, at the rate of ten percent (10%) per annum, calculated on the basis of a 365-day year and actual days elapsed.
Support Payments. The Husband shall pay to the Wife, as and for the support of the minor children XXXXXX XXXXXX and XXXXXXX XXXXXX, the sum of $750 every other week commencing on October 1, 2018, and continuing on the Monday of each second week thereafter. Said sum equals 28% percent of the Husband’s net income as defined by 750 ILCS 5/505.
Time is Money Join Law Insider Premium to draft better contracts faster.