Funds Due definition

Funds Due means CLIENT’S gross sale proceeds net of all applicable shipping and handling expenses, including, but not limited, to expenses such as ocean freight, warehousing, domestic freight, local delivery, insurance, federal and state taxes/duties, license and registration fees, administrative fees, legal fees, bank fees, and/or finance fees (the “Shipping and Handling Fees”), and the Service Fee (as defined below). In consideration of the Services provided by P▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇ shall receive a “Service Fee” which shall mean the greater of the following: (i) two thousand five hundred dollars ($2,500) per month (“Minimum Fee”) or (ii) a per case fee (“Case Fee”) for each case (any size) of Product delivered from or picked up from a Park Street contracted warehouse (or other location, as the case may be) pursuant to this Agreement, which Case Fee shall be calculated as follows based on annual sales volume: Warehouse Orders (orders placed by wholesalers in the US and fulfilled by Park Street in the US) $3.50 per case for the first 15,000 cases, then $3.00 per case for 15,001 cases to 29,999 cases, then $2.50 per case for 30,000 cases to 59,999 cases, then $2.00 per case for 60,000 cases to 99,999 cases, then $1.50 per case for 100,000 cases to 149,999 cases, then $1.00 per case for over 150,000 cases park street imports, llc | 1▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ | tel: +1 30S 9▇▇ ▇▇▇▇ | fax:+1 30S 3▇▇ ▇▇▇▇ Direct Import Orders (orders placed by wholesalers in the US, processed by Park Street, and shipped by the supplier directly - minimum order size one (1) container); Direct Import/Direct Producer Orders less than one (1) container will be billed at the Warehouse Order rate $2.25 per case for the first 15,000 cases, then $1.75 per case for 15,001 cases to 29,999 cases, then $1.50 per case for 30,000 cases to 59,999 cases, then $1.25 per case for 60,000 cases to 99,999 cases, then $1.00 per case for 100,000 cases to 149,999 cases, then $0.75 per case for over 150,000 cases Retail Orders - in the event you request Park Street to serve as wholesaler (orders placed by retailers in the US and fulfilled by Park Street directly - available in Florida, New York, New Jersey, and California at this time) $7.50 per case for the first 15,000 cases, then $7.00 per case for 15,001 cases to 29,999 cases, then $6.50 per case for 30,000 cases to 59,999 cases, then $6.00 per case for 60,000 cases to 99,999 cases, then $5.75 per case for 100,000 cases to 1...
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Funds Due. CB are defined as the net wholesale selling price received less any applicable warehousing, ocean freight, delivery, federal & state (if applicable) taxes / duties, registration fees, insurance, promotional expenses, sales broker commission payments, etc. and the MHW service fee. At the express request of CB (and availability of Funds Due), MHW may also process supplier payments pertaining to CB brands imported by MHW on behalf of CB. Otherwise, CB shall satisfy all product supplier obligations. Any advances given to MHW for costs associated with CB brands will be credited to your account. MHW will keep you informed on the status of sales, receivables, collections, cash balances, and expenses associated with your activity and file reports as required by Section 7(b) of Distributor Agreement dated March 17, 1998, between CB and Gaelic Heritage Company Limited. As agreed, in the event a wholesaler refuses to pay on an order shipped to one of your accounts, MHW will not be liable for the payment. However, we will take necessary actions to try and secure payment from the wholesaler. In the event CB instructs MHW to institute legal action to collect the outstanding monies, MHW will agree to do so and to prosecute such action fully, in consultation with but at the sole cost of CB. Title to any products subject to contested sales as described above shall revert from MHW to CB. In consideration of the services to be performed by MHW, CB hereby agrees to indemnify MHW and its officers, directors and employees and hold it harmless against any claims, actions, demands, liabilities, damages, losses, costs and expenses (including reasonable attorneys' fees) arising out of, or arising from MHW's performance of its obligations, pursuant to this service agreement, for claims brought by third parties for product liability, infringement of intellectual property rights, or non-compliance with regulatory requirements. This indemnification does not cover any third party claims or actions against CB and/or its designated distributor or MHW arising through the act, omission, neglect of MHW, its officers, directors, employees, servants or agents. If you are in agreement with these terms, please sign below. This letter replaces the April 15, 1998, May 2, 2002 and December 1, 2003 letters between this firm and CB or its predecessors. We look forward to continuing to work with you and enjoying a mutually prosperous relationship.
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Examples of Funds Due in a sentence

  • This fee is based on several factors, see description Payable by Certified Check or Wired Funds Due at time of child placement or up to 30 days prior to anticipated date of placement Professional Staff Support and Expenditures At the time of match/placement, The Agency will estimate any additional fees, such as professional staff support and expenditures.

  • This fee is based on several factors, see description Payable by Certified Check or Wired Funds Due at time of child placement or up to 30 days prior to anticipated date of placement *The Agency will provide a list of recommended adoption attorneys upon request.

  • Net Funds Due on or before Remittance Date $ $0.00 __________________ _______________________________________________________________________________________________________ Section 2.

  • On or before 3:00 p.m. Eastern Standard Time on the Closing Date, Seller shall deliver to Purchaser by wire transfer to such deposit account as has been designated by Purchaser to Seller in writing delivered to Seller on or before the Closing Date, the Funds Due to Purchaser pursuant to Section 9.11.

  • Once the Default has occurred, all the terms will expire and L▇▇▇▇▇ will have the right to consider the entire Loan Amount as a debt of expired term and demand in court the full payment of the Funds Due, together with other applicable accessories.

  • Out of state placements require the involvement of the ICPC (Interstate Compact for the Placement of Children.)*** This fee is based on several factors, see description Payable by Certified Check or Wired Funds Due at time of child placement or up to 30 days prior to anticipated date of placement *The holiday rate for professional staff is $175.00 per hour.

  • On the Maturity Date, Lender has the sole right, at such Lender’s option, to convert all or any portion of the Funds Due, into the Shares (the “Optional Conversion at Maturity”) calculated by dividing (x) the Funds Due, by (y) the Stock Price.

  • This fee is based on several factors, see description Payable by Certified Check or Wired Funds Due at time of child placement or up to 30 days prior to anticipated date of placement Birth Parent(s) Medical Expenses A Birth Mother’s prenatal care, labor and delivery and other related medical costs may or may not be covered by health insurance or Medicaid.

  • The Default of the Borrower in the fulfilment of the obligations agreed in this Agreement - including without limitation, the payment in time and form of any Funds Due -, will occur automatically, by the occurrence of any of the Events of Default.

  • This fee is based on program, see description Payable by Certified Check or Wired Funds Due at time of child placement or up to 30 days prior to anticipated date of placement Incomplete Placement If a transfer of custody does not take place, whether as a result of a change of heart with Birth Parent(s) or the Adoptive Parent(s), Adoption S.T.A.R. will be due a reduced fee.