Withdrawal Payment Clause Samples

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Withdrawal Payment. 4.1 The Customer has the right to withdraw from the contract within 14 days of the dispatch date with a minimum 100 EUR value. Customer explicitly acknowledges and accepts that in this case he has to return the ordered product to the Supplier in full quantity and original condition at his own expense. The Customer is obliged to reimburse the transport and handling costs incurred by the Supplier. Inasmuch the Order - returned to the Supplier - is in an incomplete or damaged condition, the Supplier shall not be required to take that over. 4.2 Goods return can be requested by email at ▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or directly at sales representative by providing the following information: ▪ Order number (BR**/******) ▪ Article code and quantity to be returned ▪ Brief explanation of return request 4.3 For the returned Order the Customer shall also enclose the Shipping Note. The Supplier takes back canceled Orders only during opening hours at its premises located in Harbor Park (Anda Present Ltd. Harbor Park H-▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇. ▇. „DC6” bldg.). 4.4 The Supplier does not take over returns sent with cash on delivery. 4.5 Products return cannot be requested for: ▪ Printed and made-to-order goods ▪ Products sold within “BIG SALE” stock clearance programme ▪ Textile products 4.6 Goods return will be only accepted following a confirmation of our sales representative. Supplier reserves the right to decline goods return request. 4.7 Accepted return goods are subjective to a 20% handling charge of the invoiced amount. Additionally, related transport cost will be invoiced to the buyer. 4.8 Supplier may withdraw from the contract until the Product is delivered if - especially but not exclusively - the Supplier’s supplier partners were unable to provide the ordered Products. The Supplier shall not be obliged to justify the reason for the withdrawal. If the Customer has already paid the purchase price, the Supplier will repay it to him or her. The Customer expressly acknowledges and accepts that during performance of the contract, before or after that, the Supplier may not be obliged to pay penalty, unless the Parties agreed on this in a special agreement. 4.9 To certificate the payment the Supplier shall send an electronic invoice after the Order has been dispatched. After the adoption of the GTC the Customer contributes to get an electronic invoice provided by the Supplier. To cancel this contribution, ▇▇▇▇▇▇▇ shall send a written declaration to the Supplier. Proform in...
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Withdrawal Payment. Unless the provisions of Sections 12 or 15 are applicable to a Founding WEIS Participant, Founding WEIS Participant shall be subject to the requirements of this section 3.7 and of section 3. 7.1. For PSCo BA Participants and for a Founding WEIS Participant effectuating a Non-Original Load Removal, applicable Withdrawal Payment provisions are set forth in full in Section 16. If the effective date of ▇▇▇▇ Participant’s Withdrawal is prior to the expiration of the Initial Term plus four years, ▇▇▇▇ Participant will pay SPP its then current NEL Share of IC-REM pursuant to Exhibit A plus the Annual Payment during the pendency of the notice of Withdrawal, and if the effective date of ▇▇▇▇ Participant’s Withdrawal is after the expiration of the Initial Term plus four years, ▇▇▇▇ Participant will only pay the prorated Annual Payment during the pendency of the notice of Withdrawal (“Withdrawal Payment”). Any Withdrawal Payment received by SPP, including any Withdrawal Payment received pursuant to Section 16.3, will be applied as a reduction to the IC-REM as defined in Exhibit A.
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Withdrawal Payment. If the effective date of WEIS Participant’s Withdrawal is prior to the expiration of the Initial Term plus four years, WEIS Participant will pay SPP its then current NEL Share of Implementation Costs Remaining pursuant to Exhibit A plus the Annual Payment during the pendency of the notice of Withdrawal, and if the effective date of WEIS Participant’s Withdrawal is after the expiration of the Initial Term plus four years, WEIS Participant will only pay the prorated Annual Payment during the pendency of the notice of Withdrawal (“Withdrawal Payment”). Any Withdrawal Payment received by SPP will be applied as a reduction to the Implementation Costs Remaining as defined in Exhibit A.
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Withdrawal Payment. ‌ (a) Upon exercise of the limited withdrawal right, the withdrawing Hospital shall make a withdrawal payment to the System Parent (the “Withdrawal Payment”) to reflect an appropriate assessment of any detriment or damage realized by the System Parent upon such Hospital’s withdrawal, in accordance with the following formula: Withdrawal Payment = Withdrawing Hospital Benefit Amount - Withdrawing Hospital Detriment Amount; provided that, in no event shall the Withdrawal Payment be less than three percent (3%) of such Hospital’s Net Patient Services Revenue for the most recently completed fiscal year. (b) For purposes of calculating the Withdrawal Payment, the following terms shall be defined as set forth below:
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Withdrawal Payment. If the effective date of a PSCo BA Participant’s Withdrawal is prior to the expiration of the PSCo BA Initial Term, such PSCo BA Participant will pay SPP its then current NEL Share of IC-REM pursuant to Exhibit A (“Withdrawal Payment”), plus the Annual Payment during the pendency of the notice of Withdrawal, and if the effective date of such PSCo BA Participant’s Withdrawal is after the expiration of the PSCo BA Initial Term, such PSCo BA Participant will only pay the prorated Annual Payment during the pendency of the notice of Withdrawal. Any Withdrawal Payment received by SPP will be applied as a reduction to the IC-REM as defined in Exhibit A. These withdrawal payment provisions apply to the PSCo BA Participants notwithstanding any contrary language elsewhere in this Agreement or its Exhibit A. Notwithstanding the foregoing, with respect to a Founding ▇▇▇▇ Participant with Non-Original Load, if PSCo withdraws from ▇▇▇▇ during the PSCo BA Initial Term or SPP terminates pursuant to Section 16.3.4 and such Founding ▇▇▇▇ Participant effectuates a Non-Original Load Removal, such Founding ▇▇▇▇ Participant will not be obligated to pay its NEL Share of IC-REM or Annual Payment associated with Non- Original Load.
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Related to Withdrawal Payment

  • Withdrawal Events In the event of the death, retirement, withdrawal, expulsion, or dissolution of a Member, or an event of bankruptcy or insolvency, as hereinafter defined, with respect to a Member, or the occurrence of any other event which terminates the continued membership of a Member in the Company pursuant to the Statutes (each of the foregoing being hereinafter referred to as a “Withdrawal Event”), the Company shall terminate sixty days after notice to the Members of such withdrawal Event unless the business of the Company is continued as hereinafter provided. Notwithstanding a Withdrawal Event with respect to a Member, the Company shall not terminate, irrespective of applicable law, if within aforesaid sixty day period the remaining Members, by the unanimous vote or consent of the Members (other than the Member who caused the Withdrawal Event), shall elect to continue the business of the Company. In the event of a Withdrawal Event with respect to an Member, any successor in interest to such Member (including without limitation any executor, administrator, heir, committee, guardian, or other representative or successor) shall not become entitled to any rights or interests of such Member in the Company, other than the allocations and distributions to which such Member is entitled, unless such successor in interest is admitted as a Member in accordance with this Agreement. An “event of bankruptcy or insolvency” with respect to a Member shall occur if such Member:

  • Withdrawal from Agreement A. Any Fund may elect to withdraw from this Agreement effective at the end of any monthly period by giving at least 90 days’ prior written notice to each of the parties to this Agreement. Upon the written demand of all other Funds which are parties to this Agreement a Fund shall withdraw, and in the event of its failure to do so shall be deemed to have withdrawn, from this Agreement; such demand shall specify the date of withdrawal which shall be at the end of any monthly period at least 90 days from the time of service of such demand. B. In the event of the withdrawal of any Fund from this Agreement, all its rights and obligations, except for lease commitments, under this Agreement (except such rights or obligations as have accrued prior to the date of withdrawal) shall terminate as of the date of the withdrawal. The withdrawing Fund shall surrender its Shares to Service Company, and (1) shall be entitled to receive from Service Company an amount equal to the excess of the fair value of (i) its Shares of other securities Service Company as of the date of its withdrawal less (ii) its proportionate interest in any liabilities of Service Company, including when appropriate any commitments of Service Company and unexpired leases at the date of withdrawal; (2) shall be obligated to pay Service Company an amount equal to the excess of (ii) over (i). Such amount to be received from or paid to Service Company shall be determined by the favorable vote of the holders of a majority of the Shares whose determination shall be conclusive upon the Funds. Any amount found payable by the Service Company to the withdrawing Fund shall be recoverable by Service Company from the Funds remaining under this Agreement in accordance with the provisions of Section 1.2, 1.3 and 1.4 hereof.

  • Early Withdrawal Penalty Unless provided otherwise in the Disclosures, we will assess an early withdrawal penalty on any withdrawal, either partial or in whole, that we allow you to make from your account prior to the account's maturity date. The method for determining that penalty is described in the Disclosures.

  • Withdrawal Conditions; Withdrawal Period 1. Notwithstanding the provisions of Part A of this Section, no withdrawal shall be made for payments made prior to the date of this Agreement. 2. The Closing Date is June 30, 2013.

  • Withdrawal Right Notwithstanding anything to the contrary contained in (and without limiting any similar provisions of) the Transaction Documents, whenever any Buyer exercises a right, election, demand or option under a Transaction Document and the Company or any Subsidiary does not timely perform its related obligations within the periods therein provided, then such Buyer may rescind or withdraw, in its sole discretion from time to time upon written notice to the Company or such Subsidiary (as the case may be), any relevant notice, demand or election in whole or in part without prejudice to its future actions and rights.