Payment to Xx Sample Clauses

Payment to Xx. Xxxxx Payments in the amount of $5,000 will be made monthly and totaling $25,000, to Xx. Xxxxx commencing on the _____ day of ___________, 2012. XXXXX XXXXXXX XXXX XXXXXXXX By: /s/ Xxxxx Xxxxxxx By: /s/ Xxxx Xxxxxxxx Xxxxx Xxxxxxx Xxxx Xxxxxxxx
Sample 1
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Payment to Xx. Xxxxx. Xxxxx agrees to pay Xx. Xxxxx a total of Seven Thousand Three Hundred Forty Dollars and Zero Cents ($7,340.00) (the “Payment”), which shall be delivered to him within fourteen (14) calendar days of Xxxxx’x receipt of a fully executed copy of the Settlement Agreement. The Payment will be payable to “Xxxxx Xxxxx.”
Sample 1
Payment to Xx. Xxxxxxx-Xxxxxxxxx shall be made in two (2) halves, with the first half being made curing the first payroll period in October. Reinstatement of full coverage may be made by notifying the District, in writing, no later than October 15 of the succeeding year. Reinstatement will take place on January 1. In the event of an emergency causing the loss of insurance through another source, the previously stated notification deadlines may be waived to the extent there is no conflict with the requirements of the District’s insurance carrier. If reinstatement occurs during such an emergency, as permitted by the District’s carrier, Xx. Xxxxxxx-Xxxxxxxxx will repay, pro rata, any amount already forwarded to her.
Sample 1
Payment to Xx. XxXxxxxx. In exchange for Xx. XxXxxxxx’x execution of this Agreement and the covenants and promises contained herein and in the Employment Agreement, and subject to the terms and conditions set forth in this Agreement and the Employment Agreement, Altair shall pay Xx. XxXxxxxx the separation payments required under Section 7.4 of the Employment Agreement in connection with a termination by Altair of Xx. XxXxxxxx’x employment without Cause during the Term.
Sample 1
Payment to Xx. Xxxxxxxxx in respect of his accrued but unpaid base salary and vacation pay to the date of termination of his employment with QLT.
Sample 1
Payment to Xx. Xxxxxxxxx. If Xx. Xxxxxxxxx signs and does not revoke or rescind this Agreement (as provided in Section 21, below), then Employer will pay Xx. Xxxxxxxxx the gross (not net) amount of $895,214. This amount is equal to 12 months’ salary.
Sample 1
Payment to Xx. Xxxx. Within the earlier of (i) January 15, 2015, if the Effective Date of this Agreement is on or before January 8, 2015, and provided that Xx. Xxxx does not revoke this Agreement as provided for in Section 11 or (ii) ten (10) days following the Effective Date of the Agreement, if the Effective Date is after January 8, 2015 and provided that Xx. Xxxx does not revoke this Agreement as provided for in Section 11, Xx. Xxxx shall receive the following (collectively, the “Benefits” paid to him under this Agreement):
Sample 1
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Payment to Xx. Xxxxxxxx of said bonus commences at the end of the second year of the present Agreement and shall be exigible if she attains ninety percent (90%) of target and increase without limitation if said targets are exceeded.
Sample 1

Related to Payment to Xx

  • Payments to Xxxxxx In connection with the distribution of shares of the Fund, Xxxxxx will be entitled to receive: (a) payments pursuant to any Distribution Plan and Agreement from time to time in effect between the Fund and Xxxxxx with respect to the Fund or any particular class of shares of the Fund, (b) any contingent deferred sales charges applicable to the redemption of shares of the Fund or of any particular class of shares of the Fund, determined in the manner set forth in the then current Prospectus and Statement of Additional Information of the Fund and (c) subject to the provisions of Section 3 below, any front-end sales charges applicable to the sale of shares of the Fund or of any particular class of shares of the Fund, less any applicable dealer discount.

  • Payment of Amounts The Death Benefit payable on the death of the Owner, or after the death of the first Owner, or upon the death of the spouse who continues the Contract, will be distributed to the designated Beneficiary(s) as follows:

  • Requirement to Withhold All payments under this Agreement will be made without any deduction or withholding for or on account of any Tax unless such deduction or withholding is required (including, for the avoidance of doubt, if such deduction or withholding is required in order for the payer to obtain relief from Tax) by any applicable law, as modified by the practice of any relevant governmental revenue authority, then in effect. If a party ("X") is so required to deduct or withhold, then that party (the "DEDUCTING PARTY"):

  • Payments to Beneficiary If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s estate.

  • Payment of Royalty Client will pay to Yanbor a royalty which shall be calculated as follows: Term “licensed period” means the period of one year started when the Agreement is signed or renews. The first license period starts on the end day of trial if Agreement is signed and the first payment was received by Xxxxxx. $18,000 shall be paid when the Agreement is signed and renews for the next licensed period and $1,000 shall be paid for each installment of OUReports by Client or Client customers for each instance of database/namespace during licensed period. With each royalty payment, Client will submit to Xxxxxx the written report that sets forth the calculation of the amount of the royalty payment.

  • Payment Provisions Payment shall be made in accordance with Chapter 2251 of the Texas Government Code, commonly known as the Texas Prompt Payment Act. Chapter 2251 of the Texas Government Code shall govern remittance of payment and remedies for late payment and non-payment.

  • Sharing of Payments by Xxxxxxx If any Lender of a Class shall, by exercising any right of set-off or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of its Loans, or participations in LC Disbursements or Swingline Loans, of such Class resulting in such Lender receiving payment of a greater proportion of the aggregate amount of its Loans, and participations in LC Disbursements and Swingline Loans, and accrued interest thereon of such Class then due than the proportion received by any other Lender of such Class, then the Lender receiving such greater proportion shall purchase (for cash at face value) participations in the Loans, and participations in LC Disbursements and Swingline Loans, of other Lenders of such Class to the extent necessary so that the benefit of all such payments shall be shared by the Lenders of such Class ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Loans, and participations in LC Disbursements and Swingline Loans of such Class; provided that (i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest, and (ii) the provisions of this paragraph shall not be construed to apply to any payment made by the Borrower pursuant to and in accordance with the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or participations in LC Disbursements to any assignee or participant, other than to the Borrower or any Subsidiary or Affiliate thereof (as to which the provisions of this paragraph shall apply). The Borrower consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrower rights of set-off and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the Borrower in the amount of such participation. For the avoidance of doubt, the Borrower may make a Borrowing under the Dollar Commitments or Multicurrency Commitments (if otherwise permitted hereunder) and may use the proceeds of such Borrowing (x) with Dollar Commitments to prepay the Multicurrency Loans (without making a ratable prepayment of the Dollar Loans) or (y) with Multicurrency Commitments to prepay the Dollar Loans (without making a ratable payment to the Multicurrency Loans).

  • Payment of Distributions Subject to the rights of holders of Parity Preferred Units and any holders of Partnership Interests issued after the date of issuance of the Series A Preferred Units in accordance herewith ranking senior to the Series A Preferred Units as to the payment of distributions, holders of Series A Preferred Units shall be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash and Capital Transaction Proceeds, cumulative preferential cash distributions at the rate per annum of 8.125% of the original Capital Contribution per Series A Preferred Unit. Such distributions shall be cumulative, shall accrue from the original date of issuance and will be payable (A) quarterly in arrears, on or before March 31, June 30, September 30 and December 31 of each year commencing on June 30, 1998 and, (B), in the event of (i) an exchange of Series A Preferred Units into Series A Preferred Stock, or (ii) a redemption of Series A Preferred Units, on the exchange date or redemption date, as applicable (each a "Preferred Unit Distribution Payment Date"). The amount of the distribution payable for any period will be computed on the basis of a 360-day year of twelve 30-day months and for any period shorter than a full quarterly period for which distributions are computed, the amount of the distribution payable will be computed on the basis of the actual number of days elapsed in such a 30-day month. If any date on which distributions are to be made on the Series A Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on June 30, 1998 and thereafter on the Series A Preferred Units will be made to the holders of record of the Series A Preferred Units on the relevant record dates to be fixed by the Partnership acting through the General Partner, which record dates shall be not less than ten (10) days and not more than thirty (30) Business Days prior to the relevant Preferred Unit Distribution Payment Date (the "Preferred Unit Partnership Record Date").

  • Payments Etc (a) Except as otherwise specifically provided herein, all payments under this Agreement and the other Credit Documents shall be made without defense, set-off or counterclaim to the Administrative Agent not later than 1:00 PM (local time for the Administrative Agent) on the date when due and shall be made in Dollars in immediately available funds at its Payment Office.

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