RELEASE OF PAYMENT Sample Clauses

RELEASE OF PAYMENT. Payment of the funds so held in escrow by the Escrow Agent, in accordance with the terms, conditions and provisions of this Escrow Agreement, shall fully and completely discharge and exonerate the Escrow Agent from any and all future liability or obligations of any nature or character at law or equity to the parties hereto or under this Agreement.
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RELEASE OF PAYMENT. Edge Hill University are unable to make any payments to settings without the auditable documented evidence being submitted to and received by Edge Hill University, to confirm that the Placement has taken place as agreed. This is a requirement under Edge Hill University’s Financial Regulations for audit and monitoring purposes. Edge Hill University do not require an invoice to initiate the release of payment and respectfully request that school/ college/ settings do not submit invoices, as this can cause confusion and delays in our financial processes. Only the following documents will be accepted as auditable documented evidence: Placement status Required document to trigger payment Full completion of Placement End of Placement Report/ Summative Report Part completion of Placement Early Conclusion of Placement Form Enhancement placement Attendance Record
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RELEASE OF PAYMENT. The Intermediate Instalment and the Balance shall be released to the Sellers' Account upon presentation to the Escrow Agent or the Auction Company of a copy (transmitted by fax, email or otherwise) of the protocol of delivery and acceptance under this Agreement, which is signed by an authorised signatory of the Sellers and an authorised signatory of the Buyers evidencing the delivery by the Sellers and acceptance by the Buyers of the Vessel under this Agreement; The Intermediate Instalment and the Balance shall be remitted (and subsequently released as the case may be) free of bank charges, withholdings, or any other deductions whatsoever. Any applicable bank charges or deductions imposed by the Buyers' Bank shall be for the account of the Buyers. On delivery of the Vessel, but not later than three (3) Banking Days after the date that Noticeof 44 Readiness has been given in accordance with Clause 5 (Time and place of delivery and 45 notices) 46 (i) the Deposit shall be released to the Sellers; and
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RELEASE OF PAYMENT. Payment for the items to be supplied by the vendor against the purchase order shall be made by National Institute of Science Education & Research as follows: Supplier must submit Gas purity certificate after refiling of Gas cylinder. 100% of the payment will be released after satisfactory delivery of filled gas cylinder within 45 days of supply and submission of bill/challan along with other relevant documents. Payment shall be released on receipt of the original bills in triplicate complete in all respects and original delivery challans of all the items duly signed and stamped by the authorized representative of the user department.
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RELEASE OF PAYMENT. (a) The payment to the vendor shall be made by the CEO Jharkhand based on the services provided by vendor as per the Scope of Work under this Tender and the Contract signed between vendor and the authority.
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RELEASE OF PAYMENT. The following are the conditions precedent for release of any payment by the Authority:
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RELEASE OF PAYMENT. All non-exempt contractors must have an approved Affirmative Action plan meeting the requirements of Article 4 below on file with the City of Sun Prairie Finance Department within thirty (30) days of the effective date of this contract and prior to release of payment by the City. Contractors that are exempt based on number of employees agree to file a Request for Exemption with the City of Sun Prairie Finance Department within thirty (30) days of the effective date and prior to release of payment by the City.
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RELEASE OF PAYMENT. Full payment of the Contract Price shall be made through corporate checks payable to the SERVICE PROVIDER within fifteen
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Related to RELEASE OF PAYMENT

  • Time of Payment Any Gross-Up Payment provided for herein shall be paid not later than the 30th day following the payment of any compensation or the provision of any benefit which causes such payment to be made; provided, however, that if the amount of such payment cannot be finally determined on or before such day, the Company shall pay on such day an estimate of the minimum amount of such payment and shall pay the remainder of such payment (together with interest calculated in a manner similar to that described in Subparagraph (b)) as soon as the amount thereof can be determined. In the event that the amount of an estimated payment exceeds the amount subsequently determined to have been due, such excess shall constitute a loan by the Company to the Executive, payable on the 30th day after demand by the Company (together with interest calculated in a manner similar to that described in Subparagraph (b)).

  • Tender of Payment Upon giving notice of any exercise hereunder, the Optionee shall provide for payment of the purchase price of the Shares being purchased through one or a combination of the following methods:

  • Date of Payment Should the principal of or interest on the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.

  • Source of Payment Except as otherwise provided under the terms of any applicable employee benefit plan, all payments provided for under this Agreement shall be paid in cash from the general funds of Company. The Company shall not be required to establish a special or separate fund or other segregation of assets to assure such payments, and, if the Company shall make any investments to aid it in meeting its obligations hereunder, the Executive shall have no right, title or interest whatever in or to any such investments except as may otherwise be expressly provided in a separate written instrument relating to such investments. Nothing contained in this Agreement, and no action taken pursuant to its provisions, shall create or be construed to create a trust of any kind, or a fiduciary relationship, between the Company and the Executive or any other person. To the extent that any person acquires a right to receive payments from the Company hereunder, such right, without prejudice to rights which employees may have, shall be no greater than the right of an unsecured creditor of the Company. The Executive shall not look to the owners of the Company for the satisfaction of any obligations of the Company under this Agreement.

  • Mode of Payment Subject to the terms of the Agreement and the Promoter abiding by the construction milestones, the Allottee shall make all payments, on demand by the Promoter, within the stipulated time as mentioned in the Payment Plan through A/c Payee Cheque / Demand Draft or Online Payment (as applicable) in favour of ' ' payable at .

  • Time of Payments Any payment that is due on a day that is not a Business Day may be made on the next Business Day but will bear interest until received in full. All payments must be made in funds which are immediately available on the date on which payment is due.

  • Guarantee of Payment This Guarantee Agreement creates a guarantee of payment and not of collection. This Guarantee Agreement will not be discharged except by payment of the Guarantee Payments in full (without duplication of amounts theretofore paid by the Issuer) or upon distribution of Debentures to Holders as provided in the Trust Agreement.

  • Guaranty of Payment This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

  • Confirmation of Payment The Administrative Agent and the Lenders will, upon request after payment of the Credit Party Obligations which are the subject of this Guaranty and termination of the Commitments relating thereto, confirm to the Borrower, the Guarantors or any other Person that such indebtedness and obligations have been paid and the Commitments relating thereto terminated, subject to the provisions of Section 10.2.

  • Notation of Payment Each Lender agrees that before disposing of any Note held by it, or any part thereof (other than by granting participations therein), that Lender will make a notation thereon of all Loans evidenced by that Note and all principal payments previously made thereon and of the date to which interest thereon has been paid; provided that the failure to make (or any error in the making of) a notation of any Loan made under such Note shall not limit or otherwise affect the obligations of Company hereunder or under such Note with respect to any Loan or any payments of principal or interest on such Note.

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