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.
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:
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:

Related to Amount and Payment Terms

  • Fees and Payment Terms 7.1. For and in consideration of the Services to be provided under Clause 5 of this Agreement, excluding any additional services that the Consultant may from time to time be required to perform by the Company, the Consultant shall be paid a retainer fee of USD 35,639.00 (thirty-five thousand six hundred and thirty nine United States Dollars) per month.

  • Prices and Payment Terms 4.1 The selling price to the Dealer for the Products will be the Distributor's list price for Dealers in effect at the time of the Dealer's order. The Dealer shall submit purchase orders for the Products to the Distributor in writing, which purchase orders shall set forth, at a minimum: identification of the Products ordered, quantity and requested delivery dates. Unless stated otherwise, prices, shipments and risk of loss are FOB the Distributor's facilities. Title and risk of loss pass to Dealer in accordance with the definition of Ex Works in Incoterms 2000. The current list prices to be charged to Dealer for Products are set forth in Exhibit "B" attached hereto.

  • AMOUNT AND PAYMENT OF PURCHASE PRICE The total consideration and method of payment thereof are fully set out in Exhibit "A" attached hereto and made a part hereof.

  • Pricing and Payment Terms (a) Pricing for the Seller Goods set forth on Appendix 1 shall be based on the methodology set forth thereon. Charges in addition to those determined by the applicable pricing methodology (including charges in respect of terms pursuant to Section 6.01(a)(iii)) shall be agreed to in writing by Buyer and Seller.

  • Amount and Payment of Special Interest Any Special Interest that accrues on a Note pursuant to Section 7.03(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Special Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Special Interest, together with any Additional Interest, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%). For the avoidance of doubt, any Special Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, in addition to any Additional Interest that accrues on such Note.

  • Invoicing and Payment Terms Consultant shall submit to Client an invoice for the Retainer Fee and any and all additional services rendered on or before the first of each month. Client agrees to pay any net amount due to Consultant within ten (10) days after receipt of the statement.

  • Interest Rate and Payment Dates (a) The Eurodollar Loans shall bear interest for each Interest Period with respect thereto on the unpaid principal amount thereof at a rate per annum equal to the Eurodollar Rate determined for such Interest Period plus the Applicable Margin.

  • Price and Payment Terms 2.1 The pricing for each of the Products for the Interim Period and each Contract Year shall be as set forth on Appendix A attached hereto and incorporated by reference (“Contract Price”). The parties agree that all Products ordered by Buyer will be loaded onto Weatherford or Smart Sand supplied railcars (which Smart Sand railcars shall consist of *** railcars for Products), and shipped as specified in the purchase order, provided, however, that (i) Buyer agrees to comply with all freight scheduling mechanisms and timeframes designated by Smart Sand in writing to Buyer from time to time, and (ii) all railcars supplied by Weatherford will be set up to receive unpackaged Products, and delivery of the Products shall occur upon the transfer of Products into the applicable railcar via a delivery chute. Delivery will be, and all prices are quoted, FCA Smart Sand’s facility, Incoterms 2010. For the avoidance of doubt, all rail and shipping costs, including, without limitation, transloading charges and insurance costs, shall be borne exclusively by Buyer, including with respect to any Smart Sand supplied railcars. Any railcars to be provided by Smart Sand shall be provided in accordance with that certain Railcar Usage Agreement, by and between Smart Sand and Buyer, dated as of November 1, 2014, and subsequently amended and restated as of the Effective Date (as amended and restated, the “Railcar Usage Agreement”). Smart Sand shall endeavor in good faith to develop the ability to ship a portion of the Products shipped from its Oakdale facility (not to exceed *** of the total annual volume of Products shipped from the Oakdale facility to Buyer) on the Union Pacific Railroad, provided that (i) Buyer shall pay all additional rail and shipping costs associated with shipping such Products on the Union Pacific Railroad, including all costs related to delivering such Products via truck to a Union Pacific Railroad terminal, and (ii) if any federal, state or local government authority restricts Smart Sand’s ability to ship products from its Oakdale facility via truck, Smart Sand shall have no obligation to ship any Products on the Union Pacific Railroad unless and until such restrictions are removed. The Contract Price shall be subject to adjustments implemented during the Term in accordance with the terms set forth in Appendix A.

  • Purchase Price and Payment Terms The purchase price for all the Assets is as follows, $2,000,000 worth of Companies restricted shares at closing by issuing 2,000,000 shares of pre reverse, CRT stock.

  • 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.

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