Resumption of Payments. The payment of any amounts which are delayed on account of an event or circumstance described in this Section 10 shall be paid as soon as the Bank reasonably anticipates that the payment will again be permissible.
Resumption of Payments. If the Trustee discontinues the payment of benefits from the Trust pursuant to Section 6.02 and subsequently resumes such payments, the first payment following such discontinuance shall include the aggregate amount of all payments due to Participants under the terms of the Plans for the period of such discontinuance, less the aggregate amount of any payments made to Participants by the Company in lieu of the payments provided for hereunder during any such period of discontinuance.
Resumption of Payments. The events described in Paragraphs 7.1 and 7.2 shall cause suspension of the payments set forth in Paragraph 5 by AlphaSmart to Xxxxx, but do not terminate or suspend any rights or licenses provided to either party under this Agreement. Once any finding of invalidity or unenforceability has been reversed or vacated in a decision from which no appeal can be taken (per Paragraph 7.1), or the Patent Office reverses or vacates a final rejection in a re-examination or reissue proceeding and formally issues or affirms issuance of the Xxxxx patent (per Paragraph 7.2), the payments to Xxxxx under Paragraph 5 shall resume (albeit delayed by the period of suspension) until the total amount set forth in Paragraph 5 has been paid, subject to the requirements of Paragraph 6.
Resumption of Payments. The payment of any amounts which are delayed on account of an event or circumstance described in this Section VII. shall be paid as soon as the Company reasonably anticipates that the payment will again be permissible.
Resumption of Payments. The Trustee shall resume payments to Beneficiaries in accordance with 0 of this Agreement only after the Trustee has determined that the Company is not Insolvent or is no longer Insolvent.
Resumption of Payments. The Trustee shall resume payment of benefits to the affected Participants and Beneficiaries under the Plan only after it has either determined the Employer is no longer insolvent, or received permission from a court of competent jurisdiction to resume such payments. If there are sufficient assets in the Trust Fund allocable to such Employer and to the Accounts of the affected Participants and Beneficiaries at the time the Trustee resumes payment of benefits, the first such payment shall include the aggregate amount of all payments due to Participants and Beneficiaries for the period during which benefit payments were suspended, less the aggregate amount of any payments made directly by the Company and Participating Employers during such suspension of benefits. Section 5.3
Resumption of Payments. If the Trust shall have any assets following application of Section 2.2, the Trustee shall resume all its duties and responsibilities under the Trust, including payments to the Participants under the Plans, within thirty days of the Trustee’s determination that the Company is not Insolvent or Bankrupt or is no longer Insolvent or Bankrupt. In making such determination, the Trustee may retain outside experts competent to advise the Trustee as to whether the Company is in fact Insolvent or Bankrupt. The expense of retaining such outside experts shall be deemed a Trust expense within the meaning of
Resumption of Payments. Beginning January 1, 2020, the Xxxx Parties shall resume all payments due under the UAE Franchise Agreement and agree to act in strict compliance therewith at all time after the execution of this Agreement. All Royalties due for January and February 2020 will be paid to company within ten days of execution of this agreement. This payment is deferred as per paragraph #6.
Resumption of Payments. The Trustee shall resume all its duties ---------------------- and responsibilities under this Trust Agreement including payments of Benefits to Participants and Beneficiaries of the Plans within 30 days of the Trustee's determination that the Company or subsidiary is not insolvent or bankrupt (or is no longer insolvent or bankrupt). In making such determination, the Trustee may retain outside experts competent to advise the Trustee as to whether the Company or subsidiary has or still is, in fact, insolvent or bankrupt. The expense of retaining such outside experts shall be deemed a Trust expense within the meaning of Section 6.3. The first payments to a Participant or Beneficiary, pursuant to a resumption of payments, following such discontinuance shall include the aggregate amount of all payments which would have been made to the Participant or Beneficiary in accordance with the Plans during the period of such discontinuance, less the aggregate amount of payments of Benefits under the Plans made to the Participant or Beneficiary by the Company or subsidiary during any such period of discontinuance.
Resumption of Payments. The Trustee shall resume payments to a Participant only after the Trustee has determined that the Company is not insolvent (or is no longer insolvent, if the Trustee initially determined the Company to be insolvent). Upon resumption of payments, the first payment shall include the aggregate amount of all payments that would have been made to the Participant in accordance with the Plan during the period payments were discontinued (together with interest at the rate credited on amounts deferred under the Plan or, if no such rate is specified, at a rate equal to the prime rate as published in the Wall Street Journal from time to time), less the aggregate amount of any payments made to such Participant by the Company in lieu of the payments provided for hereunder.
