Nature of the Payments Sample Clauses

Nature of the Payments. The parties recognize and agree that Securian's payments to Securian Life hereunder relate solely to the services to the Fund described in this Agreement and performed by Securian Life on behalf of Securian.
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Nature of the Payments. The parties recognize and agree that Securian's payments to Minnesota Life hereunder relate solely to the services to the Fund described in this Agreement and performed by Minnesota Life on behalf of Securian.
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Nature of the Payments. The parties recognize and agree that Ascend's payments to Minnesota Life hereunder relate solely to the services to the Fund described in this Agreement and performed by Minnesota Life on behalf of Ascend.
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Nature of the Payments. The parties recognize and agree that Securian's payments to Northstar Life hereunder relate solely to the services to the Fund described in this Agreement and performed by Northstar Life on behalf of Securian.
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Nature of the Payments. The parties recognize and agree that Securian's payments to AIG hereunder relate solely to the services to the Fund described in this Agreement and performed by AIG on behalf of Securian.
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Nature of the Payments. The parties recognize and agree that Ascend's payments to PFL hereunder relate solely to the services to the Fund described in this Agreement and performed by PFL on behalf of Ascend.
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Nature of the Payments. The payments in lieu of ad valorem taxes (as further defined in Section 3 hereof, the "Payments") provided for herein shall be paid by the Company in lieu of all ad valorem, real and personal property or similar taxes or assessments, whether presently in effect or hereafter imposed on any portion of the Project or any component thereof (including, without limitation, any tax on the real property, enhancements, additions, expansions, improvements, buildings, equipment, replacement equipment, and any other tangible real or personal property from time to time subject to the Lease) during the term of this Agreement, by or on behalf of the Metropolitan Government, any school district located within the Metropolitan Government, or any subdivision or instrumentality of any of them or any of their respective successors. The Payments will relate to the Project in its current scope and configuration, and to all replacements, expansions, additions, enhancements and improvements subjected to the Lease during the term thereof. The Board will cooperate with the Company to allow the Company to obtain any applicable investment tax or other credits available under federal and state tax laws, and, to the extent permitted by law, to relieve the Company of any tax burdens, including sales tax payments in connection with the acquisition, construction and equipping of the Project or any part thereof.
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Nature of the Payments. (a) The Owner agrees to accept the payments referred to in clause 4.1 as full and final compensation for all purposes, including under the Petroleum Act, save for those matters the subject of the indemnity in clause 5.2 of this agreement.
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Related to Nature of the Payments

  • Nature of Fees All Fees shall be paid on the dates due, in immediately available funds, to the Administrative Agent, as provided herein and in the fee letters described in Section 2.19. Once paid, none of the Fees shall be refundable under any circumstances.

  • Nature of Reimbursement Obligations The Borrower and, to the extent set forth in Section 2.6.1, each Lender with a Revolving Loan Commitment, shall assume all risks of the acts, omissions or misuse of any Letter of Credit by the beneficiary thereof. The Issuer (except to the extent of its own gross negligence or willful misconduct) shall not be responsible for:

  • Nature of the Award In accepting the Award, you acknowledge, understand and agree that:

  • Nature of Services Executive shall diligently perform such duties and assume such responsibilities as shall from time to time be specified by the Company.

  • Nature of Payments Any amounts due under this Section 10 are in the nature of severance payments considered to be reasonable by the Company and are not in the nature of a penalty.

  • Obligations of the Parties 2.1 The Trust shall prepare and be responsible for filing with the Securities and Exchange Commission and any state regulators requiring such filing all shareholder reports, notices, proxy materials (or similar materials such as voting instruction solicitation materials), prospectuses and statements of additional information of the Trust. The Trust shall bear the costs of registration and qualification of its shares, preparation and filing of the documents listed in this Section 2.1 and all taxes to which an issuer is subject on the issuance and transfer of its shares.

  • Expense Payments and Reimbursements The Bank will reimburse Executive for all reasonable out-of-pocket business expenses incurred in connection with his services under this Agreement upon substantiation of such expenses in accordance with applicable policies of the Bank.

  • Nature of Agreement You understand and agree that this letter agreement is a severance agreement and does not constitute an admission of liability or wrongdoing on the part of the Company.

  • Nature of Participation and Reimbursement Obligations Each Lender’s obligation in accordance with this Agreement to make the Revolving Advances or Participation Advances as a result of a drawing under a Letter of Credit, and the obligations of Borrowers to reimburse Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.16 under all circumstances, including the following circumstances:

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