Annual Payment Obligation Sample Clauses

Annual Payment Obligation. (a) If in any Annual Year the difference between ATOPQ and quantity of Gas off taken by Buyer during the Annual Year is positive, such quantity of Gas shall be called “AGNT Quantity”. Buyer shall pay to the Seller an amount equal to the AGNT Quantity multiplied by arithmetic average of the Sales Gas Price during the Annual Year (“AGNT Amount”). The rate of exchange to be applied to convert the AGNT amount calculated in USD to INR shall be as per Clause 10.5.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Annual Payment Obligation. The Student's Annual Payment Obligation for the current year shall be calculated as follows: Annual Personal Income x Payment Percentage = Annual Payment Obligation
Sample 1Sample 2
Annual Payment Obligation. The Annual Payment Obligation is the Payment Percentage multiplied by the Student's Annual Personal Income for a given Year (adjusted proportionally in years where the Term covers only a portion of the year).
Sample 1Sample 2
Annual Payment Obligation. Make individual annual payment to EMS as described herein to fund the operations and equipment purchases of equipmentneeded to effectively operate EMS. Invoices for the annualeach payment for each municipality will beshall be issued by EMS as follows: for January 1 through June 30, 2024 (6-month amount) due the first week of January 2024 and thereafter due annually the first week of July and will. The fee shall be effective for each of the three yearstotal of the contract (until 3/31/2021) and shall be:applicable stand by fee based on population plus a prorated portion of a Two Hundred Thousand and 00/100 Dollars ($200,000.00) fee paid based on the designated percentage of the overall EMS area population listed below. YEAR 1 YEAR 2 YEAR 3Tier Population Percentage Xxxxxxxx Township $ 1,832 $ 1,832 $ 1,832 Bellevue Township $ 2,917 $ 2,917 $ 2,917Tier 4 4.5% Brookfield Township $ 2,786 $ 2,786 $ 2,786Tier 4 3.5% Carmel Township $ 5,471 $ 5,471 $ 5,471Tier 3 6.7% Charlotte, City of $ 35,522 $ 35,522 $ 35,522Tier 1 21.9% Xxxxxxx Township $ 3,564 $ 3,564 $ 3,564Tier 4 4.2% Xxxxx Rapids, City of $ 13,938 $ 13,938 $ 13,938Tier 2 12.4% Xxxxx Rapids Township $ 6,060 $ 6,060 $ 6,060 Tier 3 9.5% Xxxxx Township $ 9,332 $ 9,332 $ Tier 3 9,332.5% Xxxxxx Township $ 4,492 $ 4,492 $ 4,492Tier 3
Sample 1
Annual Payment Obligation. Make individual annual payment to EMS as described herein to fund the operations and equipment purchases needed to effectively operate EMS. Invoices for each payment shall be issued by EMS as follows: for January 1 through June 30, 2024 (6-month amount) due the first week of January 2024 and thereafter due annually the first week of July. The fee shall be the total of the applicable stand by fee based on population plus a prorated portion of a Two Hundred Thousand and 00/100 Dollars ($200,000.00) fee paid based on the designated percentage of the overall EMS area population listed below. Bellevue Township Tier Tier 4 Population Percentage 4.5% Brookfield Township Tier 4 3.5% Carmel Township Tier 3 6.7% Charlotte, City of Tier 1 21.9% Xxxxxxx Township Tier 4 4.2% Xxxxx Rapids, City of Tier 2 12.4% Xxxxx Rapids Township Tier 3 9.5% Xxxxx Township Tier 3 9.5% Xxxxxx Township Tier 3 7.7% Kalamo Township Tier 4 4.2%* Olivet, City of Tier 2 4.0%** Sunfield Township Tier 4 3.6% Vermontville Township Tier 4 2.9%
Sample 1
Annual Payment Obligation. Make individual annual payment to EMS as described herein to fund the operations and equipment purchases needed to effectively operate EMS. Invoices for each payment shall be issued by EMS as follows: for January 1 through June 30, 2024 (6-month amount) due the first week of January 2024; for July 1 through December 31, 2024 (6-month amount) due the first week of July 2024 and thereafter due annually the first week of January. The fee shall be the total of the applicable stand by fee based on population plus a prorated portion of a Two Hundred Thousand and 00/100 Dollars ($200,000.00) fee paid based on the designated percentage of the overall EMS area population listed below.
Sample 1
Annual Payment Obligation. (a) If in the first Contract Year the difference between ATOPQ and quantity of Gas offtaken by Buyer during the Contract Year is positive, such quantity of Gas shall be called “AGNT Quantity”. The GHV to be applied to convert the AGNT Quantity calculated in SCM to MMBTU shall be arithmetic average of the GHV during the Contract Year. Buyer shall pay to the Seller an amount equal to the AGNT Quantity multiplied by arithmetic average of the Sales Gas Price during the Year (“AGNT Amount”). And shall be adjusted by way of a debit note issued along with applicable sales tax liability. The rate of exchange to be applied to convert the AGNT amount calculated in USD to INR shall be as per Clause 10.5. The value arrived at (after the adjustment) would be treated as the actual amount receivable towards the supply of Gas to the Buyer.
Sample 1
AutoNDA by SimpleDocs

Related to Annual Payment Obligation

  • Repayment Obligation In the event that any State and/or federal funds are deferred and/or disallowed as a result of any audits or expended in violation of the laws applicable to the expenditure of such funds, the Contractor shall be liable to the Agency for the full amount of any claim disallowed and for all related penalties incurred. The requirements of this paragraph shall apply to the Contractor as well as any subcontractors.

  • Payment Obligation (a) The Subscriber shall bear the obligation to pay the Service Fee to SORACOM from the day when SORACOM starts to provide the Subscriber with the telecommunication channel pursuant to this Agreement.

  • Local Church’s Payment Obligations At Closing or otherwise prior to or on the Disaffiliation Date, Local Church shall pay to the Annual Conference, in a manner specified by Annual Conference, the following:

  • Client Obligations 3.1 The Client shall:

  • STUDENT OBLIGATIONS The student agrees to use the property as his or her personal residence. The student shall maintain the interior of the property in a reasonably clean and safe condition, use reasonable care in consumption of utilities and services furnished by the landlord, and avoid unreasonable noise or other disruption of the privacy and peaceful enjoyment of the premises by the landlord and other students. The student shall be responsible for any damage to the property beyond reasonable wear and tear by the student, members of the student's family, or persons invited on the property by the student. The student shall not make, or cause to be made, any alterations to the property or its contents without first obtaining the written consent of the landlord. The student agrees to notify the landlord in writing about any needed repairs or violations of the Honor Code or Residential Living Standards involving other students or residents. *The BYU Student agrees to update their residential address on myBYU each semester/term, failure to do so will result in non-compliance fees of up to $175 and housing holds affecting their ability to register.

  • Recipient Obligations 2.1 The Recipient agrees to support the Project in accordance with this Agreement.

  • Basic Obligations (1) The Authority shall carry out international search and international preliminary examination in accordance with, and perform such other functions of an International Searching Authority and International Preliminary Examining Authority as are provided under, the Treaty, the Regulations, the Administrative Instructions and this Agreement.

  • PROCUREMENT OBLIGATIONS Notwithstanding any other provisions of this Part B, where in this Part B the Customer accepts an obligation to procure that a Former Supplier does or does not do something, such obligation shall be limited so that it extends only to the extent that the Customer's contract with the Former Supplier contains a contractual right in that regard which the Customer may enforce, or otherwise so that it requires only that the Customer must use reasonable endeavours to procure that the Former Supplier does or does not act accordingly.

  • Joint Obligations A. The University and the student share the responsibility for ensuring the quality of life within the residence halls, their maintenance, furnishings and facilities, and for a physical environment secure from fire and other hazards. The University will work with students to promote effective security of persons and property in the residence halls.

  • Independent Obligations The Guarantor acknowledges that its obligations hereunder are independent of the obligations of the Issuer with respect to the Capital Securities and that the Guarantor shall be liable as principal and as debtor hereunder to make Guarantee Payments pursuant to the terms of this Guarantee notwithstanding the occurrence of any event referred to in subsections (a) through (g), inclusive, of Section 4.3 hereof.

Time is Money Join Law Insider Premium to draft better contracts faster.