Annual Payment Date definition
Examples of Annual Payment Date in a sentence
Advance Payments to which Investor was eligible but which have not been paid to Investor for lack of an Advance Payment Request shall be paid on the Annual Payment Date provided that Investor remains a Party to this Agreement and eligible for payment of the Remuneration.
DTLA may, upon at least thirty (30) days’ notice to Adopter, modify the Annual Administration Fee and Per Certificate Fees payable for the period beginning on the next Annual Payment Date, provided that any increase in such fees shall not exceed an amount commensurate with any increase in DTLA’s costs (including but not limited to the cost of inflation).
DTLA may, upon at least thirty (30) days notice to Adopter, modify the Annual Administration Fee and Per Certificate Fees payable for the period beginning on the next Annual Payment Date, provided that any increase in such fees shall not exceed an amount commensurate with any increase in DTLA’s costs (including but not limited to the cost of inflation).
Licensor may, upon notice to Adopter given at least ninety (90) days prior to any Annual Payment Date, modify the Annual Fee payable for the following year, provided that such change shall not exceed an amount commensurate with any increase in Licensor’s costs (including but not limited to the cost of inflation).
Failure to pay the Annual Fee shall constitute a material breach of this Agreement unless cured as set forth in Section 9.1.3. The Annual Payment Date for any Adopter that has executed an earlier version of this Agreement shall continue to be the same Annual Payment Date referenced in such earlier version.