Payment of definition

Payment of the Unsecured Note when due and payable an amount equal to the India Purchase Price until such time as the Required India Permits shall have been obtained (subject to permanent set-off pursuant to Section 5.11(d)). Within five business days after receiving all the Required India Permits, Purchaser shall pay any amounts set-off in respect of the India Purchase Price (subject to permanent set-off pursuant to Section 5.11(d)) to Parent or its designee.
Payment of. Net Cash Flow with respect to the Interest When No Default Exists: During the term of this Pledge, and prior to any default under the Note, the Loan Agreement or hereunder, the Net Cash Flow after accounting for any payments or reserves required by the existing lenders to Rodeo or Company attributable to the Interest shall be paid as follows:
Payment of funds: The grant shall be effective upon final approval of the MOA by NCEM. Grant funds will be disbursed (according to the approved project budget) upon receipt of evidence that funds have been invoiced and products received and/or that funds have been expended (i.e., invoices, contracts, itemized expenses, etc.) per the terms of the MOA.

Examples of Payment of in a sentence

  • Payment of liquidated damages shall not affect the Contractor’s liabilities.

  • Payment of invoices presented with a new name cannot be paid prior to approval of said amendment.

  • Payment of the Order Processing Charge shall be remitted from Contractor to H-GAC, within thirty (30) calendar days or ten (10) business days after receipt of an END USER’s payment, whichever comes first, notwithstanding Contractor’s receipt of invoice.

  • Payment of liquidated damages shall not alter the Contractor’s liabilities.

  • Payment of salaries and payment of deductions from salary such as may be required to be made for tax, national insurance and pension contributions, or similar statutory or discretionary deductions must be made in accordance with the payroll records and on the appropriate dates stipulated in employment contracts, provided that each payment is reported to the next available council meeting, as set out in these regulations above.


More Definitions of Payment of

Payment of. RENT The monthly base rental rate herein stated shall be due and payable by the 1st day of each and every month through the above designated term. Tenant shall pay the specified rent, and any other charges due under the lease when due in lawful money of the United States at Landlord's address stated in this lease, or such other address as Landlord shall designate by notice to Tenant. Any rent, or other charges due under the lease, which are not paid within 10 days shall bear a 5% late charge for each $1.00 and shall be paid to Landlord in 5 days of notice or billing from Landlord as additional rent.
Payment of any amounts payable pursuant to Section 10.4) in whole or in part by the Agent against all or any part of the other Obligations in such order as the Agent shall elect. Any surplus of such cash or cash proceeds held by the Agent and remaining after the indefeasible cash payment in full of all of the Obligations shall be paid over to the Borrower or to whomsoever may be lawfully entitled to receive such surplus.
Payment of. Rent shall begin on the Rent Commencement Date set forth in Section 1, subject to Section 4. Rent for any period during the Term that is for less than one month shall be prorated for the actual number of days in such period.
Payment of the amounts specified in Section 3 required to be paid on the date hereof (i) the Assignee shall, as of the date hereof, succeed to the rights and be obligated to perform the obligations of a Bank under the Credit Agreement with a Commitment in an amount equal to the Assigned Amount, and (ii) the Commitment of the Assignor shall, as of the date hereof, be reduced by a like amount and the Assignor released from its obligations under the Credit Agreement to the extent such obligations have been assumed by the Assignee. The assignment provided for herein shall be without recourse to the Assignor.
Payment of. Products shall mean the total amount of the Price (net price) of the Products and the value-added-tax borne by the Buyer.
Payment of. Short Interest". Maker shall pay to Payee contemporaneously with the execution hereof interest at the Note Rate for a period from the date hereof through November 10, 2004.
Payment of break funding" costs payable under section 5.05 of the Credit Agreement associated with the termination of the Interest Periods with respect to the Loans outstanding and the other adjustments being made as of the Effective Date as contemplated by Section 2.04 above to the extent necessary to effect the reallocation referred to in such Section 2.04.