Payment by Operator Sample Clauses

Payment by Operator. In the event that the payment which a Party that is or becomes a Defaulting Party has failed to make is a payment due under this Agreement to a person who is not a Party, the Operator may and shall if so directed by the Operating Committee, by a vote of Non-Defaulting Parties whose Participating Interests aggregate a simple majority of the total Participating Interests of the Non-Defaulting Parties, pay the same to such person. Any amount so paid shall constitute a debt immediately due and payable by such Party to the Operator. 15.4 Defaulting Party may be Sued Without prejudice to any other remedy for or consequence of default provided for in this Agreement, the Operator shall if so directed by the Operating Committee by a vote of Non-Defaulting Parties whose Participating Interests aggregate a simple majority of the total Participating Interests of the Non-Defaulting Parties sux xn any Court of competent jurisdiction a Defaulting Party (which term shall without limitation include any Party removed from the position of Operator for failing to pay or contribute or advance its proportionate share of Authorised Expenditure) for the recovery of any moneys due and payable to the Operator or the Paying Parties (as defined in Clause 15.6) or any of them by that Defaulting Party which remain unpaid by the Defaulting Party at the expiration of ten (10) Business Days after the receipt of the Default Notice by the Defaulting Party. 15.5
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Payment by Operator. (i) The Operator hereby agrees to pay and assume liability for, and on written demand to indemnify, protect, defend, save and hold harmless each Indemnitee from and against, any and all governmental or quasi-governmental fees (including without limitation license and registration fees), taxes (including without limitation gross receipts, franchise, sales, use, property, real or personal, tangible or intangible), interest equalization and stamp taxes, assessments, levies, imposts, duties, charges or withholdings of any nature whatsoever, together with any and all penalties, fines or interest thereon ("Fees, Taxes and Other Charges") imposed against any Indemnitee, the Operator or the Facility or any portion thereof by any Federal, state or local governmental or taxing authority in the United States of America or by any foreign government or any subdivision or taxing authority thereof, upon or with respect to the occupation and operation of the Facility by the Operator and the production and sale of the Product.
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Payment by Operator of any amounts due in accordance with Clause 7.3 above shall be made within thirty (30) calendar days after the later of (a) Rolls-Royce's date of invoice, or (b) redelivery to Operator of any item of Products following the Rework of such item of Products. Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule A To Exhibit G (Total Support Package) Engine Serial Numbers Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule B to Exhibit G (Total Support Package) NOT APPLICABLE Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule C to Exhibit G (Total Support Package) Operating Report Operating Report for the month of _____________, ______ Engine Serial Number TSN CSN MFH MFC BR12345 10,000 8,000 200 50 ----- ----- Monthly Total % of Flight Cycles using of ATO/1 during month: XX% OR Average Derate achieved During Month: XX% Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule D to Exhibit G (Total Support Package) RESERVED Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule E to Exhibit G (Total Support Package) - NOT APPLICABLE Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule F to Exhibit G (Total Support Package) Covered Components: Covered Components shall include the following major line replaceable units: 1 COOLER, SURFACE AIR COOLED 241201 01-100 2 PUMP, FUEL 731101 01-100 3 VALVE; BYPASS AND VENT 731304 01-100 4 CONTROLLER,ELECTR.ENGINE 732101 01-400 5 METER, FUEL (FMU) 732103 01-100 6 PROBE,P20/T20 732105 01-100 7 CONTROLLER, OVERSPEED PROT. 732111 01-100 8 TRANSMITTER, FUEL FLOW 733101 01-100 9 VALVE, AIR BUFFER 752201 01-100 10 ACTUATOR, VAR STATOR VANE 753101 01-200 11 SOLENOID, BLEED VALVE HANDLING 753102 01-100 12 ACTUATOR, BOOSTER BLEED VALVE 753201 01-100 13 PUMP, OIL UNIT 792101 01-100 14 COOLER, FUEL COOLED OIL 792201 01-400 15 STARTER,AIR TURBINE 801101 01-100 16 VALVE,STARTER AIR 801103 01-100 Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement Schedule G to Exhibit G (Total Support Package) (RESERVED) Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement
Sample 1
Payment by Operator. All payments received by Operator from a Non- Participating Party pursuant to Subsection 9.6C shall be paid promptly to the Participating Parties in the proportions in which they shared the Costs of Such Construction and Drilling.
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Payment by Operator. In the event that the payment which a Party that is or becomes a Defaulting Party has failed to make is a payment due under this Agreement to a person who is not a Party, the Operator may and shall if so directed by the Operating Committee, by a vote of Non- Defaulting Parties whose Participating Interests aggregate a simple majority of the total Participating Interests of the Non- Defaulting Parties, pay the same to such person. Any amount so paid shall constitute a debt immediately due and payable by such Party to the Operator.
Sample 1
Payment by Operator. The Operator shall pay to Tennessee all bills presented as provided in the Iroquois Pipeline Operating Company and Tennessee Gas Pipeline Company Agreement with Respect to Iroquois Gas Transmission System ("IPOC/Tennessee Agreement") on or before thirty (30) days from the date such invoice is rendered. If payment is not made within such time, the unpaid balance shall bear interest until paid at a rate (which in no event shall be higher than the maximum rate or rates permitted by applicable law) equal to the rate designated by the Morgan Guaranty Trust Xxxxxxy from time to time as its prime rate plus one percent. Payment by or on behalf of the Operator shall not be deemed a waiver of the right to recoup any amount in question.
Sample 1
Payment by Operator of any amounts due in accordance with Clause 7.3 above shall be made within thirty (30) calendar days after the later of (a) Rolls-Royce's date of invoice, or (b) redelivery to Operator of any item of Products following the Rework of such item of Products. Rolls-Royce Corporation/Astral Aviation General Terms Agreement Schedule A To Exhibit G (Total Support Package) Engine Serial Numbers Rolls-Royce Corporation/Astral Aviation General Terms Agreement Schedule B to Exhibit G (Total Support Package) NOT APPLICABLE Rolls-Royce Corporation/Astral Aviation General Terms Agreement Schedule C to Exhibit G (Total Support Package) Operating Report Operating Report for the month of _____________, ______ Engine Serial Number TSN CSN MFH MFC AE12345 10,000 8,000 200 50 ______ ______ Monthly Total % of Flight Cycles using of ATO/1 during month: XX% OR Average Derate achieved During Month: XX% Rolls-Royce Corporation/Astral Aviation General Terms Agreement Schedule D to Exhibit G (Total Support Package) Adjustment of Charges The rates contained in this agreement are predicated upon use of the AT/O-1 take off rating for 85% of all take offs. To the extent Operator's usage of the AT/O-1 power setting varies from this assumption, the rates contained in this Agreement shall be revised, either up or down, in accordance with the following table: -------------------------------------------------------------------------------- Percent of Flights Percent of Flights Rate Adjustment for Using AT/0-1 Power Using T/0-1 Power AE 3007 Engines -------------------------------------------------------------------------------- 100.0% 0.0% * -------------------------------------------------------------------------------- 95.0% 5.0% * -------------------------------------------------------------------------------- 90.0% 10.0% * -------------------------------------------------------------------------------- 85.0% 15.0% * -------------------------------------------------------------------------------- 80.0% 20.0% * -------------------------------------------------------------------------------- 75.0% 25.0% * -------------------------------------------------------------------------------- 70.0% 30.0% * -------------------------------------------------------------------------------- 65.0% 35.0% * -------------------------------------------------------------------------------- 60.0% 40.0% * -------------------------------------------------------------------------------- 55.0% 45.0% * -----------...
Sample 1
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Related to Payment by Operator

  • Payment by Tenant Tenant shall pay to Landlord, within fifteen (15) days after delivery by Landlord to Tenant of statements therefor: (i) sums equal to expenditures reasonably made and obligations incurred by Landlord in connection with Landlord’s performance or cure of any of Tenant’s obligations pursuant to the provisions of Section 19.2.3 above; and (ii) sums equal to all expenditures made and obligations incurred by Landlord in collecting or attempting to collect the Rent or in enforcing or attempting to enforce any rights of Landlord under this Lease or pursuant to law, including, without limitation, all legal fees and other amounts so expended. Tenant’s obligations under this Section 19.3 shall survive the expiration or sooner termination of the Lease Term.

  • Payment by Guarantor If all or any part of the Guaranteed Obligations shall not be punctually paid when due, whether at demand, maturity, acceleration or otherwise, Guarantor shall, immediately upon demand by Lender, and without presentment, protest, notice of protest, notice of non-payment, notice of intention to accelerate the maturity, notice of acceleration of the maturity, or any other notice whatsoever, pay in lawful money of the United States of America, the amount due on the Guaranteed Obligations to Lender at Lender’s address as set forth herein. Such demand(s) may be made at any time coincident with or after the time for payment of all or part of the Guaranteed Obligations, and may be made from time to time with respect to the same or different items of Guaranteed Obligations. Such demand shall be deemed made, given and received in accordance with the notice provisions hereof.

  • Payment by Wire Transfer So long as any Purchaser or its nominee shall be the holder of any Note, and notwithstanding anything contained in Section 14.1 or in such Note to the contrary, the Company will pay all sums becoming due on such Note for principal, Make-Whole Amount, if any, interest and all other amounts becoming due hereunder by the method and at the address specified for such purpose below such Purchaser’s name in the Purchaser Schedule, or by such other method or at such other address as such Purchaser shall have from time to time specified to the Company in writing for such purpose, without the presentation or surrender of such Note or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly after payment or prepayment in full of any Note, such Purchaser shall surrender such Note for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently designated by the Company pursuant to Section 14.1. Prior to any sale or other disposition of any Note held by a Purchaser or its nominee, such Purchaser will, at its election, either endorse thereon the amount of principal paid thereon and the last date to which interest has been paid thereon or surrender such Note to the Company in exchange for a new Note or Notes pursuant to Section 13.2. The Company will afford the benefits of this Section 14.2 to any Institutional Investor that is the direct or indirect transferee of any Note purchased by a Purchaser under this Agreement and that has made the same agreement relating to such Note as the Purchasers have made in this Section 14.2.

  • Payment by Guarantors Subject to Section 7.2, Guarantors hereby jointly and severally agree, in furtherance of the foregoing and not in limitation of any other right which any Beneficiary may have at law or in equity against any Guarantor by virtue hereof, that upon the failure of Borrower to pay any of the Guaranteed Obligations when and as the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)), Guarantors will upon demand pay, or cause to be paid, in Cash, to Administrative Agent for the ratable benefit of Beneficiaries, an amount equal to the sum of the unpaid principal amount of all Guaranteed Obligations then due as aforesaid, accrued and unpaid interest on such Guaranteed Obligations (including interest which, but for Borrower’s becoming the subject of a case under the Bankruptcy Code, would have accrued on such Guaranteed Obligations, whether or not a claim is allowed against Borrower for such interest in the related bankruptcy case) and all other Guaranteed Obligations then owed to Beneficiaries as aforesaid.

  • Assignment by Owner 51 Section 12.11

  • Management by Member The management of the Company shall be vested exclusively in the Member. The Member, in its capacity as sole Member, may make all decisions and take all actions for the Company as in its sole discretion it shall deem necessary or appropriate to enable the Company to carry out the purposes for which the Company was formed including, without limitation, the following:

  • Management by Manager i) The Member hereby elects Charter Communications, Inc., a Delaware corporation (formerly known as CCH I, LLC) (“CCI”), or its successor-in-interest, as the Company’s manager (the “Manager”). CCI shall be the Manager until a simple majority of the Votes elects otherwise. No additional person may be elected as Manager without the approval of a simple majority of the Votes (for purposes of this Agreement, to the extent the context requires, the term “person” refers to both individuals and entities). Except as otherwise required by applicable law and as provided below with respect to the Manager’s board of directors (the “Board”), the powers of the Company shall at all times be exercised by or under the authority of, and the business, property and affairs of the Company shall be managed by, or under the direction of, the Manager. The Manager is a “manager” of the Company within the meaning of the Act. Any person appointed as Manager shall accept its appointment by execution of a consent to this Agreement.

  • Payment by Counterparty In the event that, following payment of the Premium, (i) an Early Termination Date occurs or is designated with respect to the Transaction as a result of a Termination Event or an Event of Default (other than an Event of Default arising under Section 5(a)(ii) or 5(a)(iv) of the Agreement) and, as a result, Counterparty owes to Dealer an amount calculated under Section 6(e) of the Agreement, or (ii) Counterparty owes to Dealer, pursuant to Section 12.7 or Section 12.9 of the Equity Definitions, an amount calculated under Section 12.8 of the Equity Definitions, such amount shall be deemed to be zero.

  • Assignment by Seller The Seller shall have the right, upon notice to but without the consent of the Servicer, to assign, in whole or in part (but exclusive of the Servicer’s rights and obligations as owner of the servicing rights relating to the Mortgage Loans), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement. All references to the Seller in this Agreement shall be deemed to include its assignee or designee and any subsequent assignee or designee, specifically including the Trustee.

  • Payment by the Company If the Registration Statement covering the Registrable Securities required to be filed by the Company pursuant to Section 2(a) hereof is not declared effective within one hundred twenty (120) calendar days following the Due Date, then the Company shall pay the Initial Investor 2% of the purchase price paid by the Initial Investor for the Registrable Securities pursuant to the Subscription Agreement for every thirty day period, or portion thereof, following the one hundred twenty (120) calendar day period until the Registration Statement is declared effective. Notwithstanding the foregoing, the amounts payable by the Company pursuant to this provision shall not be payable to the extent any delay in the effectiveness of the Registration Statement occurs because of an act of, or a failure to act or to act timely by the Initial Investor or its counsel. The above damages shall continue until the obligation is fulfilled and shall be paid within 5 business days after each 30 day period, or portion thereof, until the Registration Statement is declared effective. Failure of the Company to make payment within said 5 business days shall be considered a default. The Company acknowledges that its failure to have the Registration Statement declared effective within said one hundred twenty (120) calendar day period following the Due Date, will cause the Initial Investor to suffer damages in an amount that will be difficult to ascertain. Accordingly, the parties agree that it is appropriate to include in this Agreement a provision for liquidated damages. The parties acknowledge and agree that the liquidated damages provision set forth in this section represents the parties' good faith effort to quantify such damages and, as such, agree that the form and amount of such liquidated damages are reasonable and will not constitute a penalty. The payment of liquidated damages shall not relieve the Company from its obligations to register the Common Stock and deliver the Common Stock pursuant to the terms of this Agreement, the Subscription Agreement and the Debenture.

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