Timing for Payment. In the event Indemnitees incur any Losses which were not otherwise paid or satisfied by Seller pursuant to this Agreement, Indemnitees shall deliver written notice to Seller advising Seller that Indemnitees have incurred such Losses (“Notice of Loss”). The Notice of Loss shall include an itemization of all of the Losses which Seller is required to pay pursuant to and in accordance with the terms and provisions of this Agreement. Within thirty (30) Calendar Days after the date of receipt by Seller of the Notice of Loss, Seller shall pay to Indemnitees the aggregate amount of the Losses described in such Notice of Loss. In the event Seller fails to timely pay to Indemnitees the aggregate amount of such Losses, any and all unpaid amounts shall accrue interest at the lesser of: (a) eighteen percent (18%) per annum; or (b) the maximum rate of interest allowable under applicable law, which interest, in either case, shall be deemed to accrue effective as of the date such payment was originally due.
Timing for Payment. In the event Indemnitees incur any Losses which were not otherwise paid or satisfied by the Indemnifying Party pursuant to this Agreement, Indemnitees shall deliver written notice to the Indemnifying Party advising the Indemnifying Party that Indemnitees have incurred such Losses (“Notice of Loss”). The Notice of Loss shall include an itemization of all of the Losses which the Indemnifying Party is required to pay pursuant to and in accordance with the terms and provisions of this Agreement. Within thirty (30) calendar days after the date of receipt by the Indemnifying Party of the Notice of Loss, the Indemnifying Party shall pay to Indemnitees the aggregate amount of the Losses described in such Notice of Loss. In the event the Indemnifying Party fails to timely pay to Indemnitees the aggregate amount of such Losses, any and all unpaid amounts shall bear interest at the lesser of: (a) eighteen percent (18%) per annum; or (b) the maximum rate of interest allowable under applicable law, which interest, in either case, shall be deemed to accrue effective as of the date such payment was originally due.
Timing for Payment a. The Customer shall be invoiced for the Services provided by the Supplier on a monthly basis, starting the second full month of the academic year, or within the first thirty (30) days following enrolment, if enrolled after the start of semester.
Timing for Payment. We will use our best endeavours to pay you Deferred Service Payments within 60 days of the SaaS Application Activation Date and then each month for the duration of your entitlement.
Timing for Payment. In the event Indemnitees incur any Losses which were not otherwise paid or satisfied by Seller pursuant to this Agreement, Indemnitees shall deliver written notice to Seller advising Seller that Indemnitees have incurred such Losses (“Notice of Loss”). The Notice of Loss shall include an itemization of all of the Losses which Seller is required to pay pursuant to and in accordance with the terms and provisions of this Agreement. Within thirty (30) calendar days after the date of receipt by Seller of a Notice of Loss, Seller shall, unless Seller reasonably disputes by written notice to Buyer the assertion that Seller is responsible for such Losses pursuant to Section 15.1 of this Agreement, pay to Indemnitees the aggregate amount of the Losses described in such Notice of Loss for which Seller is responsible hereunder. In the event Seller fails to timely pay to Indemnitees the aggregate amount of such Losses, any and all unpaid amounts ultimately found to be the responsibility of Seller hereunder shall bear interest at the lesser of: (a) eight percent (8%) per annum; or (b) the maximum rate of interest allowable under applicable law, which interest, in either case, shall be deemed to accrue effective as of the date such payment was originally due.
Timing for Payment. Except for third party indemnity claims paid in accordance with Section 7.4.4, all indemnity claims shall be paid as follows: (a) if the Indemnitor is Buyer, by payment by Buyer of the sums so owing to the Indemnified Party in immediately available funds within twenty (20) days after the date of receipt of the corresponding claims under Section 7.1.1 and (b) if the Indemnitor is Seller, by payment by Seller of the sums so owing to the Indemnified Party in immediately available funds within twenty (20) days after the date of receipt of the corresponding claims under Section 7.1.1.
Timing for Payment. The Percentage Share and the balance of the Administrative Charge not already deposited with the County in accordance with Subsection 4.3.6(a) above, if any, shall be due and payable concurrently with the consummation of the transaction constituting the Change of Ownership (other than an Excluded Transfer) or Financing Event giving rise to the obligation to pay such amounts, regardless of whether or not money is transferred by the parties in connection with such consummation.
Timing for Payment. In the event that Buyer has elected to pursue ------------------ indemnity directly from Seller, Seller shall promptly, and in no event later than thirty (30) days after delivery of the Officer's Certificate, wire transfer to Buyer, the amount of such Loss, unless Seller contests such Buyer claim by following the procedures set forth in Section 5.2(e).
Timing for Payment. In the event Indemnitees incur any Seller Party Losses which were not otherwise paid or satisfied by Buyer pursuant to this Agreement, Indemnitees shall deliver written notice to Buyer advising Buyer that Indemnitees have incurred such Seller Party Losses (“Notice of Loss”). The Notice of Loss shall include an itemization of all of the Seller Party Losses which Buyer is required to pay pursuant to and in accordance with the terms and provisions of this Agreement. Within thirty (30) days after the date of receipt by Buyer of a Notice of Loss, Buyer shall pay to Indemnitees the aggregate amount of the Seller Party Losses described in such Notice of Loss to the extent required by Section 8.3.1. [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Timing for Payment. Except as otherwise provided under Section 8 above, all amounts to be paid under any portion of this Letter Agreement will be paid on the Initial Payment Date. By signing below, you acknowledge that this Letter Agreement contains all of the understandings and representations between you and the Company pertaining to the subject matter hereof and supersedes, terminates and cancels all prior and contemporaneous understandings, agreements, representations and warranties, including the Prior Agreements, both written and oral, with respect to such subject matter. The parties mutually agree that the letter can be specifically enforced in court and can be cited as evidence in legal proceedings alleging breach of the Letter Agreement. By signing below you confirm that you agree and accept all the terms and provisions of this Letter Agreement. Please returned a signed copy to [__________] by [________], 2014. Xxxxxxx Employment Agreement US 2415685v.3 [REMAINDER OF PAGE INTENTIONALLY BLANK] Sincerely, NORTHERN TIER ENERGY LLC By_/s/ Xxxxx X. Lamp___________________ Xxxxx X. Lamp President and Chief Executive Officer Agreed by_/s/ Xxxxx Bonczek___________ _David Bonczek______________________ Name _Executive Vice President and CFO_______ Title _August 4, 2014______________________ Date Xxxxxxx Employment Agreement US 2415685v.3 EXHIBIT A
