Changes by Company to Terms of Payment Sample Clauses

Changes by Company to Terms of Payment. Company may, in the ordinary course of business, agree to changes to its terms of payment with Eligible Suppliers or Participating Suppliers provided such terms do not render any outstanding Supplier Agreement void or otherwise unenforceable and further provided that payment due date be no more than 120 days from invoice date. No payment due date may exceed 120 days unless prior written approval is obtained from GMAC CF. No other change will be effective against GMAC CF until GMAC CF receives Notice of such change. Notwithstanding the foregoing, Company shall not alter payment terms on Approved Receipts that have been uploaded into the GMAC CF/PrimeRevenue System.
Sample 1
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Related to Changes by Company to Terms of Payment

  • Terms of Payment The Loan shall be payable as follows:

  • Price and Terms of Payment 6.1 The Customer shall pay the Price in accordance with the Terms of Payment.

  • Loan and Terms of Payment For value received, Borrower promises to pay to the order of Bank such amount, as provided for below, together with interest, as provided for below.

  • Loans and Terms of Payment 2.1 [Reserved].

  • Alteration to terms of insurances No Borrower shall make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance.

  • Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment Whether or not any Loans are outstanding, extend the Expiration Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan or reduce the Commitment Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;

  • Purchase Price and Terms of Payment A. The purchase price (“Purchase Price”) for the Property shall be Seven Million and 00/100 Dollars ($7,000,000.00) and shall be paid on the Closing Date by Federal funds wire transfer, in United States dollars.

  • Definitions of Key Terms Relating to Additional Rent As used in this Article 4, the following terms shall have the meanings hereinafter set forth:

  • Acceleration of Payment of Notes If payment of the Notes is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Debt of the Company (or their Representatives) of the acceleration.

  • Certain Rules Relating to the Payment of Additional Amounts (a) Upon the request, and at the expense of the Borrower, each Lender and Agent to which the Borrower is required to pay any additional amount pursuant to Subsection 4.10 or 4.11, and any Participant in respect of whose participation such payment is required, shall reasonably afford the Borrower the opportunity to contest, and reasonably cooperate with the Borrower in contesting, the imposition of any Non-Excluded Tax giving rise to such payment; provided that (i) such Lender or Agent shall not be required to afford the Borrower the opportunity to so contest unless the Borrower shall have confirmed in writing to such Lender or Agent its obligation to pay such amounts pursuant to this Agreement and (ii) the Borrower shall reimburse such Lender or Agent for its reasonable attorneys’ and accountants’ fees and disbursements incurred in so cooperating with the Borrower in contesting the imposition of such Non-Excluded Tax; provided, however, that notwithstanding the foregoing no Lender or Agent shall be required to afford the Borrower the opportunity to contest, or cooperate with the Borrower in contesting, the imposition of any Non-Excluded Taxes, if such Lender or Agent in its sole discretion in good faith determines that to do so would have an adverse effect on it.

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