Mechanism of Payment. The payments due to SELEXIS under this Agreement shall be made either by check or by wire transfer or electronic fund transfer to the credit and account of SELEXIS, as follows: Bank Name: [*] Account: [*] To: Selexis S.A. 10, xxxxxx xxx Xxxx 0000 Xxxx-xxx-Xxxxxx Xxxxxx, Xxxxxxxxxxx
Mechanism of Payment. (a) MCD shall, within 30 days from the date of receipt of the Tipping Fee Statement pay to the Concessionaire Tipping Fee in accordance with the formulae given in this sub-article. The Tipping Fee payable by MCD for the previous month will depend on the level of segregation achieved during the said month as determined from the table below. The levels of segregation achieved would be ascertained by the Independent Consultant by conducting the Tests. SB = Segregation R = Year of Months Benchmark for Applicable Penalty Operation from COD corresponding for corresponding Month Months ( in % terms)* (in % terms) Year 1 1 – 12 0 NIL Year 2 13 – 24 5 15% Year 3 25 – 36 10 15% Year 4 37 – 48 12 15% Year 5 49 – 60 15 15% Year 6 61 – 72 18 15% Year 7 73 – 84 20 15% Year8 onwards 85 onwards 20 15% * The percentage of the total number of vehicle trips to the Landfill Site during the preceding month which have duly passed the Tests relating to level of biodegradability in accordance with the O&M Requirements. IF, the segregation level achieved for the particular Month is lower than the Segregation Benchmark (SB) as in the table above, then the Tipping Fee payable shall be calculated in accordance with the formula given below: Tipping Fee (TF) = [ QB + QNB ] * TFR * (1 - R/100) where, QB= Total Quantity of Biodegradable Substance during the preceding Month (in tons) QNB = Total Quantity of Non-biodegradable Substance during the preceding Month (in tons) TFR = Tipping Fee Rate payable by MCD per ton during the year in accordance with Schedule L. R = Reduction applicable for the particular month on non- achievement of Segregation Benchmark (SB) as presented in the table above. For assessing the Reduction the Concessionaire shall perform Test 1 as set out in the O&M Requirements and get it duly verified by the Independent Consultant.
Mechanism of Payment. The payments due to Selexis under this Agreement shall be made by wire transfer or electronic fund transfer (at COMPANY’s discretion) to the credit and account of Selexis as follows : Bank Name : Account: ** To: Selexis S.A. 00, xxxxxx xxx Xxxx 0000 Xxxx-xxx-Xxxxxx Xxxxxx, Xxxxxxxxxxx ** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. C1907v1 10 of 31 Neogenix Oncology Selexis SA
Mechanism of Payment. 18.4.1 The mechanism of payment separately for Cost to ULB and Revenue Share to ULB, as the case may be has been provided below:
Mechanism of Payment. All payments hereunder shall be made by check payable to Xxxxxx Xxxxxx and mailed to XXXX, unless otherwise directed by Consultant in writing.
Mechanism of Payment. Boeing will pay all civil penalties under this Agreement by wire transfer to the United States of America. To complete the wire transfer, Boeing will need the following information: Receiver Bank Name: TREAS NYC Receiver ABA/Routing Number: Receiving Institution: U.S. Treasury c/o Federal Reserve Bank of New York 00 Xxxxxxx Xxxxxx New York, NY 10045 Account Number: Beneficiary: Reference: Federal Aviation Administration Boeing Global Settlement Attn: Xxxxx Xxxxxxx, AMK-322
Mechanism of Payment. (a) Each Participating ULB shall, within [ ninety (90) ] days from the date of receipt of its Tipping Fee Statement:
Mechanism of Payment. (a) ULB shall make the payment, within 30 days from the date of receipt of the Tipping Fee invoice. ULB would retain 2.5% of the Tipping Fee invoice amount towards Post Closure Performance. Further, ULB shall be entitled to make deduction if any, 39 40
Mechanism of Payment. 5.9 Any royalty payments due under this Agreement will be calculated and reported for each calendar quarter, and will be paid within [***]* days of the end of each quarter. All payments other than royalty payments will be paid within [***]* days of becoming due.
Mechanism of Payment. The payments due to Selexis under this Agreement shall be made in Euro by wire transfer or electronic fund transfer to the credit and account of Selexis as follows: Bank Name: [**] Account: [**] To: Selexis S.A. 18 chemlndes Aulx 0000 Xxxx-xxx-Xxxxxx Xxxxxx, Xxxxxxxxxxx
