PAYM ENT Sample Clauses

PAYM ENT. A Doctor's certificate stating that the employee cannot or should not work shall be required by the Fund unless the employee is sent home by the Employer. Xxxx Xxxx Leave is to commence after the first work day's absence due to sickness or injury except that where the employee has been hospitalized, sent home by the Employer, or supplies the Doctor's certificate stating he cannot or should not work, Xxxx Leave shall commence on the first day's absence from work and shall be paid for all full time clerks and part time clerks at the rate of one-half (l/j) day's pay per day until such Sick Benefit Allowance is used up. Such employees may elect full day's payment from accumulated half day pay credits for the first week of illness. (dj IN T EG R A T IO N : If an employee is collecting un­ employment compensation disability benefits or work­ men's compensation temporary disability benefits, or both, and such unemployment compensation disability benefits or workmen's compensation temporary disability benefits, or both, are less than a full day's payment of the sick leave benefits provided herein, sucn employee shall only receive sick leave benefits in addition to such unemployment compensation disability benefits or work­ men's compensation temporary disability benefits, or both, in an amount sufficient to equal a full day's pay­ ment.
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PAYM ENT. Long service leave is paid at the employee's appointed rate of pay at the time the leave is taken. Upon termination of employment with TransGrid payment of the value of the long service leave is based on completed weeks of service.
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PAYM ENT. The Incentive Bonus shall be paid to the Employee as soon as practicable, but in no event later than March 31 following the end of each calendar year. The amount of Option Shares due under the Incentive Bonus with respect to any period of less than an entire year shall be determined by multiplying the Option Shares that would have been payable with respect to the whole of such year (using actual results for such year and assuming that the Agreement had been in effect the entire year) by a fraction, the numerator of which is the number of days of such year and the denominator of which is 365.
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PAYM ENT. Unless otherwise agreed to in writing, Buyer shall pay via ACH Debit all am ounts as invoiced without discount, deduction, withholding, set-off, offsets or counterclaim of any kind in United States dollars on the tenth calendar day following date of lifting. Seller shall have the right to assess finance charges against all past due am ounts and all accrued but unpaid late paym ent charges, at the LIBOR rate as reported in The W all Street Journal plus two percentage (2%) points, but not to exceed the m aximum charges perm itted by law. Buyer shall pay all of the Seller’s costs (including attorneys’ fees and court costs) of collecting past due payments. W hen paym ent due date falls on a Saturday or on a weekday, other than Monday, which is not a banking day in New York, then an y such paym ent shall be m ade on the nearest preceding New York banking day. W hen the payment due date falls on a Sunda y or a Monday which is not a banking day in New York, such payment shall be m ade on the next following banking day.
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PAYM ENT. Lessee shall cause paym ent of Rent to be received by Lessor in lawful m xxxx of the United States on or before t he day on which it is due, I nit ials without offset or deduction ( except as specifically perm it xxx in this Lease) . Rent for any period during the term hereof which is for less than one full calendar m onth shall be prorat ed based upon the actual num ber of days of said m onth. Paym ent of Rent shall be m ade t o Lessor at it s address stated herein or to such other persons or place as Lessor m ay from t im e to t im e designate in writing. Acceptance of a paym ent which is less than the am ount then due shall not be a waiver of Lessor's r ights to the balance of such Rent, regardless of Xxxxxx's endorsem ent of any check so stating. I n the event that any check, draft , or other instrum ent of paym ent given by Xxxxxx to Lessor is dishonored for any reason, Xxxxxx agrees to pay to Lessor t he sum of $25 in addition t o any Late Charge and Lessor, at it s option, m ay require all future paym ents to be m ade by Lessee to be by cashier' s check. Paym ents will be applied first to accrued late charges and attorneys fees, second to accrued interest, then to Base Rent and Operating Expense I ncrease, and any rem aining am ount to any other out standing charges or costs.
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Related to PAYM ENT

  • Distribution Date 13 DTC...........................................................................................13

  • Contractual Settlement Date Accounting (a) Bank shall effect book entries on a "contractual settlement date accounting" basis as described below with respect to the settlement of trades in those markets where Bank generally offers contractual settlement day accounting and shall notify Customer of these markets from time to time.

  • Transfer, Split Up, Combination and Exchange of Right Certificates; Mutilated, Destroyed, Lost or Stolen Right Certificates (a) Subject to the provisions of Section 14 hereof, at any time after the Close of Business on the Distribution Date, and at or prior to the Close of Business on the earlier of the Redemption Date or the Expiration Date, any Right Certificate or Right Certificates (other than Right Certificates representing Rights that have become void pursuant to Section 11(a)(ii) hereof or that have been exchanged pursuant to Section 24 hereof) may be transferred, split up, combined or exchanged for another Right Certificate or Right Certificates entitling the registered holder to purchase a like number of one one-thousandths of a Preferred Share as the Right Certificate or Right Certificates surrendered then entitled such holder to purchase. Any registered holder desiring to transfer, split up, combine or exchange any Right Certificate or Right Certificates shall make such request in writing delivered to the Rights Agent, and shall surrender the Right Certificate or Right Certificates to be transferred, split up, combined or exchanged at the principal office of the Rights Agent. Thereupon the Rights Agent shall countersign and deliver to the Person entitled thereto a Right Certificate or Right Certificates, as the case may be, as so requested. The Company may require payment of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer, split up, combination or exchange of Right Certificates.

  • Remittance Date The 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of any month.

  • Payment Date Other Than a Business Day If any payment with respect to a payment of any principal of, premium, if any, or interest on any Note (including any payment to be made on any date fixed for redemption or purchase of any Note) is due on a day which is not a Business Day, then the payment need not be made on such date, but may be made on the next Business Day with the same force and effect as if made on such date, and no interest will accrue for the intervening period.

  • Transfer Date In the event the Interim Servicer is terminated as servicer of a Mortgage Loan pursuant to the Interim Servicing Agreement, the date on which the Purchaser, or its designee, shall receive the transfer of servicing responsibilities and begin to perform the servicing of such Mortgage Loans, and the Interim Servicer shall cease all servicing responsibilities.

  • Delivery of Assets to Custodian The Trust shall deliver, or cause to be delivered, to the Custodian all of the Fund's Securities, cash and other investment assets, including (i) all payments of income, payments of principal and capital distributions received by the Fund with respect to such Securities, cash or other assets owned by the Fund at any time during the period of this Agreement, and (ii) all cash received by the Fund for the issuance of Shares. The Custodian shall not be responsible for such Securities, cash or other assets until actually received by it.

  • Book Entry Assets Investments which are represented by book-entry may be so held in an account maintained by the Book-Entry Agent on behalf of the Custodian, a Subcustodian or another agent of the Custodian, or a Securities Depository.

  • Distribution of Assets In case the Company shall declare or make any distribution of its assets (including cash) to holders of Common Stock as a partial liquidating dividend, by way of return of capital or otherwise, then, after the date of record for determining shareholders entitled to such distribution, but prior to the date of distribution, the holder of this Warrant shall be entitled upon exercise of this Warrant for the purchase of any or all of the shares of Common Stock subject hereto, to receive the amount of such assets which would have been payable to the holder had such holder been the holder of such shares of Common Stock on the record date for the determination of shareholders entitled to such distribution.

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