ACCOUNTS AND PAYMENT Sample Clauses

ACCOUNTS AND PAYMENT. 4.1 The Trustee shall have opened, prior to the Issue Date, and shall for so long as any Certificates are outstanding maintain, the Transaction Account in London which shall be operated by the Principal Paying Agent on behalf of the Trustee for the benefit of the Certificateholders. 4.2 The Trustee shall unconditionally cause to be deposited into the Transaction Account by no later than 10.00 a.m. (New York time) (in same day freely transferable and immediately available, cleared funds) on the Business Day prior to the date on which any payment in respect of the Certificates becomes due such amount as may be required for the purposes of making such payment, in each case, in accordance with the Transaction Documents. In this Clause 4.2 (Accounts and Payment), the date on which a payment in respect of the Certificates becomes due means the first date on which a Certificateholder could claim the relevant payment by transfer to an account under the Conditions, but disregarding the necessity for it to be a Business Day in any particular place of presentation. 4.3 Each of the Trustee and Infracorp shall procure that the bank through which any payment into the Transaction Account is to be made in accordance with Clause 4.2 (Accounts and Payment) shall irrevocably confirm to the Principal Paying Agent by authenticated SWIFT message no later than 1.00 p.m. (local time in the city of the Principal Paying Agent’s Specified Office) on the second Business Day before the due date for any such payment in respect of the Certificates that it will make such payment. 4.4 The Trustee hereby authorises and instructs the Principal Paying Agent, subject as provided in Clause 5.1 (Notification of Non-Receipt of Payment), to, and the Principal Paying Agent agrees that it shall, on each Periodic Distribution Date and on the date fixed for payment of the Dissolution Distribution Amount, or any earlier date specified for the liquidation of the Mudaraba, apply the moneys standing to the credit of the Transaction Account in accordance with Condition 5.3 (The Trust). The Trustee agrees that it will not issue any instructions to the Principal Paying Agent that conflict with the instructions set out above and further agrees that any contrary instructions it may give to the Principal Paying Agent shall constitute a breach of this Agreement. 4.5 The Principal Paying Agent shall apply each amount paid to it under this Clause 4 (Accounts and Payment) in accordance with the provisions of this ...

ACCOUNTS AND PAYMENT. Client agrees to pay DataMine all charges incurred for the Products. DataMine shall invoice Client and payment shall be due upon Client’s receipt of such invoice. Client shall be responsible for payment of any and all sales and/or use taxes applicable to the Products. All payments shall be made in United States (“US”) currency.

ACCOUNTS AND PAYMENT. ‌ 5.1 The Trustee shall have opened, prior to the Issue Date, and shall maintain in its name a Transaction Account in relation to the Certificates which shall be operated by the Principal Paying Agent on behalf of the Trustee for the benefit and use of the Certificateholders. 5.2 The Trustee shall cause to be deposited into the Transaction Account by no later than

ACCOUNTS AND PAYMENT. 9.1 Unless otherwise agreed in writing the price of the Goods shall be paid in cash on or before delivery. 9.2 Where the Company agrees in its sole discretion to supply the Goods on credit, the Goods shall be paid for not later than thirty (30) days from the date of invoice. The Company reserves the right to close the account or withhold further supplies of the Goods if a Contracting Party fails to pay within the thirty (30) day period, without prejudice to any existing rights the Company may have in respect of any such unpaid invoice. 9.3 The Company reserves the right to charge compound interest on overdue invoices at 2% above the current Bank of Ireland rate (calculated from the date of invoice) which said right shall not be determined by the fact that the Company has subsequently or still is supplying Goods to the Contracting Party on credit. 9.4 All charges incurred by the Company in the recovery of overdue monies by means of a solicitor, authorised debt collector or the courts will be payable by the Contracting Party. 9.5 Any query concerning accounts should be notified, in accordance with Condition 6, failing which the Company will look for payment of all due invoices, with any queries being resolved at a later date. Where unresolved queries remain, the undisputed balance should be paid to avoid interest charges on overdue undisputed balances. 9.6 Extensions to the normal thirty (30) day credit terms may only be authorised in writing by a Company Director. 9.7 Where the Company has authorised the issue of a credit and re-invoice, the thirty (30) day credit terms apply to the original invoice date.

ACCOUNTS AND PAYMENT. ‌ 6.1 The Trustee undertakes that it shall have opened, prior to the Issue Date, and undertakes that it shall for as long as any Certificates are outstanding maintain in its name, a Transaction Account for the benefit and use of the Certificateholders which account shall be non-interest bearing and operated by the Principal Paying Agent on behalf of the Trustee for the benefit of the Certificateholders. 6.2 The Company shall unconditionally cause to be deposited into the Transaction Account by no later than 10.00 a.m. (London time), in same day, freely transferable, cleared funds in U.S. dollars:‌ 6.2.1 on the Payment Business Day immediately prior to each Periodic Distribution Date, an amount equal to the Periodic Distribution Amount due on that Periodic Distribution Date;‌ 6.2.2 on the Payment Business Day immediately prior to a Dissolution Date (other than the Dissolution Event Redemption Date or the Total Loss Dissolution Date), an amount equal to the relevant Dissolution Distribution Amount applicable to such Dissolution Date; and‌ 6.2.3 on the Dissolution Event Redemption Date or the Total Loss Dissolution Date, as the case may be, an amount equal to the relevant Dissolution Distribution Amount applicable to such Dissolution Date,‌ in each case, in accordance with the Transaction Documents to which it is a party. 6.3 The entity making the relevant payment shall procure that, before 11.00 a.m.: 6.3.1 in the case of Clause 6.2.1, on the second Payment Business Day immediately prior to such Periodic Distribution Date; 6.3.2 in the case of Clause 6.2.2, on the second Payment Business Day immediately prior to such Dissolution Date; and 6.3.3 in the case of Clause 6.2.3, on such Dissolution Date, the bank effecting payment to the Transaction Account confirms by authenticated SWIFT message to the Principal Paying Agent the irrevocable payment instructions relating to such payment. 6.4 The Trustee hereby authorises and instructs the Principal Paying Agent to, and the Principal Paying Agent agrees that it shall, on each Periodic Distribution Date and on any Dissolution Date, apply the moneys standing to the credit of the Transaction Account in accordance with the order of priority set out in Condition 6.2 (Application of Proceeds from the Trust Assets). 6.5 The Trustee agrees that it will not issue any instructions to the Principal Paying Agent that conflict with the instructions set out above and further agrees that any contrary instructions it may give to the P...

ACCOUNTS AND PAYMENT. 7.1. For clients who are individuals, payment is due at the end of the service. The invoice will be sent to the client prior to the service date. At the end of the service, the client should either show our technicians the PayNow or Bank Transfer proof of payment for the invoiced amount, or provide a cheque / cash for the amount specified on the invoice. Our technicians will take a photo of the payment as evidence they received it. 7.2. For clients who are corporations, payment is due within 15 days of the service. The invoice will be sent to the client prior to the service date. Payment shall be made through bank transfer or cheque addressed and mailed to Oasis Aircon Pte. Ltd. 7.3. In the event of upgrading service to package, another invoice will be sent to client and it’s due together with the first invoice. 7.4. Late payment fees will be charged at a rate of 1.5% per month. 7.5. For continued non-payment, Oasis Aircon Pte. Ltd. will undertake collection action, and the costs of collection will be borne by the Client.

ACCOUNTS AND PAYMENT a) Advance Payments - At the time of approval of advertising and ---------------- promotions projects, the Client shall receive an invoice and pay the Agency fifty percent (50%) of all fees and charges for authorized work as an advance payment against such fees and charges. Agency will deduct such advance payments from final billing on projects.

ACCOUNTS AND PAYMENT. Payment is due on the Completion Date and against presentation of an invoice by the Company or in accordance with clause 7.2 below. Payment may not be withheld as a result of a dispute between the Customer and the Company. Value-Added Tax (VAT) shall be payable on all Goods and Services as set out in the quotation. Any dispute which the Customer may have with regard to such invoice must be notified in writing by the Customer to the Company within 7 (seven) days of the date of such invoice in which event the entries of such invoice shall be conclusive evidence of the transaction and proof of the amount owing by the Customer. All amounts payable by the Customer shall be made to the Company free of deduction or set-off and shall be made by way of cash or electronic transfer into the Company’s Bank Account as set out in the invoice and in the manner prescribed therein. All outstanding amounts shall bear interest at a rate equivalent to the maximum permissible finance charge rate allowed from time to time in terms of the National Credit Act 34 of 2005. In the event of a breach by the Customer to fulfill any of its obligations in terms of this Agreement, including for the avoidance of doubt any payment due, and upon notice being provided to the Customer in terms of clause 13 all amounts owing by the Customer to the Company shall become immediately due and payable with effect from the date of such breach, without the obligation of the Company to give any prior written notice or demand to the Customer and the Customer shall forfeit all Discounts of whatsoever nature granted to it by the Company and the Company shall be entitled to invoice the Customer for the amounts that were subject to the Discount. The Company reserves the right to perform a credit check on the Debtor with one or more of the registered credit bureaus when assessing this application. The Company reserves the right to cancel the Debtor’s credit status with the Company should the Debtor not comply with the terms and conditions stipulated herein. The Company reserves the right, at its sole discretion, and without prior notice, to rescind the credit facilities as detailed hereunder, including but not limited to the following circumstances. upon ascertaining that any information supplied by the Debtor in the application form is false, and / or if the Debtor be liquidated / sequestrated, placed under judicial management or makes any offer of compromise, and / or if the Debtor fails to comply with any ...

ACCOUNTS AND PAYMENT. 14.01 From and after the occurrence of an Event of Default, all monies received by or on behalf of the Bank under and pursuant to one or more of the Security Documents or otherwise howsoever in connection with the Outstanding Indebtedness may be applied, in the following manner in such order as the Bank considers appropriate:- (i) in or towards satisfaction of all sums due hereunder and under the Security Documents other than principal of or interest on the Loan; (ii) in or towards satisfaction of interest accrued on the Loan; (iii) in or towards satisfaction of the Loan (whether or not then due and payable); (iv) in retention by the Bank of such sum as it considers appropriate by way of security for the Outstanding Indebtedness; and (v) the remainder, if any, in payment to the Borrower or such other person as may for the time being be entitled thereto. 14.02 The Bank will maintain a loan account showing the amount of the Loan and interest accrued thereon from time to time and other charges and expenses and all payments in respect thereof made by the Borrower from time to time pursuant to the terms of this Agreement. The loan account shall, in the absence of manifest error, be conclusive as to the amount from time to time due from the Borrower to the Bank in respect of the principal of, interest on and other charges in respect of the Loan. 14.03 If any sum payable under this Agreement or the Security Documents shall become due on a day which is not a Business Day, the due date in respect thereof shall be extended to the next succeeding Business Day, unless such Business Day falls in the next calendar month, in which event such due date shall be the immediately preceding Business Day. 14.04 Subject as provided in this Agreement all payments of principal or interest or other sums which may fall to be made under this Agreement shall be made to the Bank at its offices referred to in Clause 23 not later than 11.00 hours London time on the due date in Dollars for the credit of the loan account or accounts referred to in Clause 14.02 above and numbered 3427024.