Due and payable definition

Due and payable means an amount due and payable in accordance with the Contract; and

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Due and payable means, with respect to Taxes and Other Charges, the date upon which, if the applicable Taxes or Other Charges are not paid, such Taxes or Other Charges become delinquent or begin accruing fees, charges, penalties and/or interest or the payee thereof becomes entitled to exercise any right or remedies for non-payment thereof.

Due and payable means “must be paid now”.

Examples of Due and payable in a sentence

• Due and payable after receipt of the final regular paycheck and last day of work, the teacher shall receive the award as a one-time contribution to a 403(b)/457 account designated by the employee with arrangements made by the employer that follow current practice.

• Overline Fee 0.50% per daily occurrence of Due and payable on the first the excess of indebtedness of day of each month for the Debtor over and above the preceding month.

• Due and payable on the Commencement Date, Lessee shall pay to Lessor, a Security Deposit in an amount equal to one (1) month of the Basic Rent.

• Due and payable at least 30 days prior to first offer for sale of a SINGULEX KIT or SINGULEX SERVICE utilizing such MPI PRODUCT.

• Overcollateral Fee 0.50% per daily occurrence of Due and payable on the first the excess of indebtedness of day of each month for the Debtor over the borrowing preceding month.

• Due and payable in full within 30 days from the date of the invoice unless otherwise agreed upon in writing.

• The entire unpaid principal amount of this Class A-2 Investor Note shall be Due and payable on the Class A-2 Final Maturity Date.

• Due and payable in the event that the Merger has not closed and all Obligations of Borrower to Bank under this Agreement have not been paid off in full on or before October 31, 2015, a fee of $500,000, which fee shall be deemed fully-earned and non-refundable as of October 31, 2015.

• Overline Fee .50% per daily Due and payable on the occurrence of first day of each the excess of month for the indebtedness over preceding month.

• Should CWT fail to pay the royalties, fees and/or other consideration Due and payable hereunder, USFRF shall have the right to terminate this Agreement on forty-five (45) days written notice.

More Definitions of Due and payable

Due and payable means (i) when used with reference to the principal of, premium or interest on the Indebtedness, or when referring to any and all other sums secured by this Mortgage or any other of the Subordinate Loan Documents shall mean due and payable, whether at the monthly or other date of payment or at the date or maturity specified in the Note, this Mortgage or other Subordinate Loan Documents or by acceleration or call for prepayment as provided in the Note, this Mortgage or the other Subordinate Loan Documents, and (ii) when used with reference to Impositions, the last day upon which any such charge may be paid without penalty or interest and prior to delinquency.

Due and payable on the earlier to occur of:

Due and payable means that Omnicare shall make any payments due hereunder on such earlier date as shall be required to provide MHS with good funds in hand on each of the designated due dates specified in the Payment Term section of this Agreement. Omnicare may defer payment with respect to any shortage in a shipment, but only to the extent of such shortage and only if Omnicare has notified MHS of such shortage within three (3) business days of receipt of the shipment.

Due and payable. Date The meaning given in Section 10.4 (a)(C)(iii). EPC Contractor Abbreviation for Engineering, Procurement and Construction. It has the meaning as defined in section 10.3(a)(i) of this Agreement and in the Power Purchase Agreement. Expert The meaning given in Section 10.6 (a) and in Section 16.2(a). Force Majeure Event The meaning given in Section 13. Guaranteed Heating Value The meaning given in SCHEDULE B. Loading Point Certificate The meaning given in Sections 6, 7 and 11. two or more parties and whereby the broad terms applicable to one or several transactions are described. For instance, a master agreement can be signed in relation with derivatives or loans. In our case, it consists of this Coal Supply Agreement or Coal Sale and Purchase Agreement. operated by the Seller used to measure Coal at the Loading Point as described in SCHEDULE D. MT Abbreviation and symbol for Metric Ton. It is a metric unit of mass and is equal to 1,000 kg (2,204.62 lbs). It is the established spelling alternative to tonne. per SCHEDULE B. relevant entity from which a Consent is to be obtained from time to time and any authority body or other person having jurisdiction under the Laws of Nigeria with respect to the Buyer the Seller, the Project or this Agreement as the case may be. Shortfall Quantity The meaning given in Section 3.3(b). Site The land, waterways, roads, ▇▇▇▇▇ and any rights acquired or to be acquired by the Buyer for the purposes of the Complex on, through above or below the ground on which all or on any part of the Complex is to be built, (including, without limitation. any working areas required by the Buyer and the contractors, villages, townships and camps for the accommodation of the employees of the Buyer and the contractors and all rights of way and access from public highways and where applicable, railway and seaward access) and as further described in SCHEDULE D. Term The meaning given in Section 2.1.

Due and payable means the date as specified in the schedule for repayment for each repayment installment.

Due and payable when used with reference to the principal of, or premium or interest on, or when referring to any and all other sums secured by this Security Instrument shall mean due and payable, whether at the monthly or other date of payment or at the date of maturity specified in the Note or this Security Instrument; or, in the case of Impositions, the last day upon which any charge may be paid without penalty and/or interest.