Amount and Payment Terms Sample Clauses

Amount and Payment Terms. Commencing on the Commencement Date and continuing each year during the term hereof, if the Lease has not been previously terminated, Tenant shall be obligated to pay to Landlord annual initial rent (“Initial Rent”) of Five Hundred Thousand and No/100 Dollars ($500,000.00), commencing on the Commencement Date and ending on the first day of the calendar month immediately following the earliest of: (i) completion of construction of the Isle Project; (ii) the date on which any portion of the Isle Project opens to the public; (iii) twenty-four (24) months following the Commencement Date; or (iv) December 31, 2008 (the “Base Rent Commencement Date”). The Initial Rent shall be payable in monthly installments of Forty-One Thousand Six Hundred Sixty-Six and 66/100 Dollars ($41,666.66) each, shall be due and payable on the first day of the month immediately following the Commencement Date, and shall continue on the first day of each month thereafter until the Base Rent Commencement Date. From the Commencement Date to the first day of the immediately following month, the monthly Initial Rent shall be prorated by multiplying $41,666.66 by a fraction of the number of calendar days remaining in such month and the denominator of which shall be the total number of calendar days of such month.
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Amount and Payment Terms. After the commencement of gaming operations of the Isle Project, Tenant shall pay Landlord an annual percentage rent (the “Percentage Rent”) in an amount equal to five percent (5%) of the Gross Gaming Revenues from gaming operations on the Isle Project as calculated for the purpose of license fees under the Mississippi Gaming Control Act (the “GGR”), as now or hereafter amended, and the regulation as promulgated now or hereafter under such law, but only to the extent that such amount exceeds the annual Base Rent then payable. Any Percentage Rent required to be paid shall be paid to Landlord on or before the 20th day of each month following the months during which revenues are collected and shall be accompanied by a copy of the monthly revenue reports which must be submitted to the Mississippi Gaming Commission. Tenant shall also provide Landlord with copies of any financial statements, reports, or audits required of Tenant by the Mississippi Gaming Commission pursuant to the Mississippi Gaming Control Act, as now or hereafter amended, within ten (10) days after the same are submitted to the Commission.
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Amount and Payment Terms. As additional consideration for the AdValiant Class A, the Shareholders agree to repay $185,000 of funds advanced by Commodore Factors to AdValiant and $57,000 of expenses incurred by DGI in the transaction. Payment is to be made as follows:
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Amount and Payment Terms. The purchase price for the Colomac Mine Assets shall be US Dollars sixteen million ten thousand dollars (USD$16,010,000.00) (the “Purchase Price”), which shall be paid as follows:
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Related to Amount and Payment Terms

  • Fees and Payment Terms 4.1. When Customer’s Fees are Due: All Fees charged under the Agreement are due and payable on the due date quoted on the invoices generated by Aptum, unless otherwise agreed to in writing by the Parties. Invoices shall be issued in accordance with the applicable Product Terms.

  • Prices and Payment Terms 5.1 Order prices are net and do not include value added tax (“VAT”). VAT shall be payable in addition, where applica- ble and on receipt by us from the Supplier of a valid VAT invoice (or other relevant document required for the pur- pose of VAT recovery by us) except where some other express arrangement has been agreed. Unless otherwise specified in the order, the prices agreed shall remain unchanged until fulfillment of the contract is completed.

  • Pricing and Payment Terms Customer Payment terms shall be as set forth in the Master Agreement.

  • Invoicing and Payment Terms [Within [X] days at the end of each month] [Upon completion of the Contract] Contractor will submit an Invoice in accordance with pricing as specified in the Contract. Mercy Corps will make payment to Contractor for all sums not in dispute within 30 days of receipt of Contractor’s invoice(s) (the “Payment Terms”).

  • Price and Payment Terms 3.1 In consideration of the provision of Services by Provider as may be requested by the Trust pursuant to a SOW, and subject to the terms of this Agreement, the Trust will pay Provider the SOW Agreement Amount or SOW Fees as defined in and set forth in each executed SOW (or SOW Modification Memorandum issued by the Trust) for the Services expressly authorized in each such SOW.

  • Purchase Price and Payment Terms The Purchase Price shall be paid at the Close of Escrow as provided in the Recitals. The Purchase Price does not include Buyer’s closing costs, loan fees, escrow fees, title insurance policy fees, or any other costs and expenses not noted in the Recitals. The balance of cash due to Seller upon Close shall be paid by Cashier's Check payable to Escrow Holder or as directed in writing by Escrow Holder. Seller acknowledges receipt from Buyer of the Deposit set forth in the Recitals above made payable to Escrow Holder.

  • Interest Rates and Payment Dates (a) Each Eurodollar Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurodollar Rate determined for such day plus the Applicable Margin.

  • Default Rate and Payment Dates (a) If all or a portion of the principal amount of any Loan which is a LIBOR Rate Loan shall not be paid when due or continued as a LIBOR Rate Loan in accordance with the provisions of Section 2.9 (whether at the stated maturity, by acceleration or otherwise), such overdue principal amount of such Loan shall be converted to an Alternate Base Rate Loan at the end of the Interest Period applicable thereto.

  • Repayment Terms (a) The Borrower will pay interest on September 1, 1997, and then monthly thereafter until payment in full of any principal outstanding under this line of credit.

  • Charges and Payment Terms 6.1 The Charges for the Services for the Initial Term are set out in the attached Agreement Summary.

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