Amount and Timing Sample Clauses
The "Amount and Timing" clause defines the specific sums to be paid under an agreement and establishes when those payments are due. It typically outlines the total amount owed, the schedule for payments (such as upfront, upon milestones, or at completion), and any conditions that trigger payment obligations. By clearly specifying both the amount and the timing of payments, this clause ensures predictability for both parties and helps prevent disputes over payment expectations.
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Amount and Timing. Within two (2) business days after the Effective Date (hereinafter defined), Purchaser shall deliver to Chicago Title Insurance Company, located at ▇▇▇▇
Amount and Timing. Within two (2) business days after the Effective Date (hereinafter defined), Purchaser shall deliver to Chicago Title Insurance Company, located at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, Attention: J. ▇▇▇▇▇ ▇▇▇▇▇▇▇, Esq. (the "Title Company"), One Hundred Forty-Four Thousand Seventy-Nine and No/100 Dollars ($144,079.00) (the "▇▇▇▇▇▇▇ Money Deposit") in cash or Current Funds, to be held by the Title Company in escrow to be applied or disposed of by the Title Company as is provided in this Contract. In the event Purchaser fails to deposit the ▇▇▇▇▇▇▇ Money Deposit with the Title Company as herein provided, Seller may, at its option, terminate this Contract, in which event neither Seller nor Purchaser shall have any further obligations hereunder except for provisions of this Contract which expressly survive the termination of this Contract. As used in this Contract, the term "Current Funds" shall mean wire transfers, certified funds or cashier's checks in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.
Amount and Timing. Within two (2) business days after the Effective Date (hereinafter defined), Purchaser shall deliver to First American Title Insurance Company, located at ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ (the "Title Company"), One Hundred Thousand Dollars ($100,000.00) (the "Initial Deposit") in cash or Current Funds, to be held by the Title Company in escrow to be applied or disposed of by the Title Company as is provided in this Contract. In the event Purchaser fails to deposit the Initial Deposit with the Title Company as herein provided, Seller may, at its option, terminate this Contract prior to the making of the Initial Deposit, in which event neither Seller nor Purchaser shall have any further rights, liabilities or obligations hereunder except for provisions of this Contract which expressly survive the termination of this Contract. Not later than December 15, 1998, Purchaser shall deposit with the Title Company an additional ▇▇▇▇▇▇▇ money deposit in the amount of One Hundred Thousand and No/100 Dollars ($100,000.00) (the "Subsequent Deposit") in cash or Current Funds to be held by the Title Company in escrow to be applied or disposed of by the Title Company as is provided in this Contract. If the Purchaser fails to deposit the Subsequent Deposit on or before December 15, 1998, then Seller may, at its option, terminate this Contract prior to the making of such Subsequent Deposit, in which event the Title Company shall pay the Initial Deposit to Seller and thereafter neither Seller nor Purchaser shall have any further rights, liabilities or obligations hereunder except for provisions of this Contract which expressly survive the termination of this Contract. The term "▇▇▇▇▇▇▇ Money Deposit", as used in this Contract, shall mean (i) the Initial Deposit prior to deposit of the Subsequent Deposit, (ii) both the Initial Deposit and the Subsequent Deposit combined after the deposit of the Subsequent Deposit, and (iii) the Initial Deposit, the Subsequent Deposit and the Extension Deposit (as defined in Section 8.1 hereof) combined after the deposit of the Extension Deposit, if applicable, in each case together with all interest earned thereon. As used in this Contract, the term "Current Funds" shall mean wire transfers, certified funds or a cashier's check in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.
Amount and Timing. Within two (2) Business Days after the Effective Date, Purchaser shall deliver the E▇▇▇▇▇▇ Money, in Current Funds, to the Title Company. Seller agrees that the E▇▇▇▇▇▇ Money shall be refundable at any time prior to expiration of the Inspection Period if Purchaser elects to terminate this Agreement pursuant to Section 5.3(c) hereof for any reason as determined in Purchaser’s sole and absolute discretion. After the expiration of the Inspection Period, the E▇▇▇▇▇▇ Money shall be payable to either Purchaser or Seller in accordance with this Agreement. If Purchaser fails to deposit the E▇▇▇▇▇▇ Money with the Title Company on or before two (2) Business Days after the Effective Date, this Agreement and the Other Purchase and Sale Agreements shall be of no force or effect, and neither Seller nor Purchaser shall have any further obligations hereunder or under the Other Purchase and Sale Agreements, except for provisions of this Agreement and the Other Purchase and Sale Agreements which expressly survive the termination hereof and thereof. The Title Company shall invest the E▇▇▇▇▇▇ Money promptly upon receipt in government insured interest-bearing accounts satisfactory to and as directed by Purchaser, shall not commingle the E▇▇▇▇▇▇ Money with any funds of the Title Company or others, and shall promptly provide Purchaser and Seller with confirmation of the investments made. Such account shall have no penalty for early withdrawal, and Purchaser accepts all risks with regard to such account.
Amount and Timing. Within one (1) business day after the Effective Date, Purchaser shall deliver to Escrow Agent One Hundred Thousand Dollars ($100,000.00) ("Earnest Money Deposit") ▇▇ ▇▇sh or Current Funds, to be held by Escrow Agent in escrow to be applied or disposed of by Escrow Agent as provided in this Contract. If Purchaser fails to deposit the Earnest Money Deposit ▇▇▇▇ ▇▇crow Agent as herein provided, then this Contract shall automatically terminate and neither Seller nor Purchaser shall have any further obligations hereunder except that the provisions of SECTIONS 5.1.4 and 11.1 of this Contract shall survive the termination of this Contract. "Current Funds" shall mean wire transfers, certified funds or a cashier's check in a form acceptable to Escrow Agent which would permit Escrow Agent to immediately disburse such funds.
Amount and Timing. The District shall pay Rental Payments, comprising principal and interest components, in installments of the amounts and at the times set forth in the Schedule of Rental Payments attached as Exhibit B hereto. The interest components of the Rental Payments shall be paid by the District as and constitute interest paid on the principal components of the Rental Payments. In addition, from and after the occurrence and continuance of an Event of Default, the interest component shall be at the Default Rate. At least thirty (30) days prior to each Payment Date (unless otherwise agreed upon between the District and the Assignee), the Assignee, as assignee of the Corporation, shall deliver to the District an invoice stating the aggregate amount of interest and principal becoming due and payable on the Rental Payments on such Payment Date. The Assignee has agreed to send such invoice or similar notice solely as an accommodation to the District, and any failure of the Assignee to timely deliver such invoice or similar notice shall not affect the District’s obligation to make Rental Payments and shall result in no liability of any kind to the Assignee. The invoice to the District shall, unless otherwise directed in the future by the District, be mailed to: Santa ▇▇▇▇▇ Unified School District Attention: Accounts Payable ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ Santa Clara, CA 95051
Amount and Timing. The PAD amounts will vary, and the timing will depend on the Employer's payroll dates and the requirements of the plan rules of the pension plans as defined in the Public Sector Pension Plans Act.
Amount and Timing. To secure the construction and installation of the Improvements, Developer shall provide a letter of credit or cash in an amount equal to 115% of the total costs listed in Exhibit B (the "Improvement Guarantee"). Developer shall not commence construction on the Property, including without limitation staking, earthwork, overlot grading or the erection of any structure, temporary or otherwise, until the Town has received and approved the Improvement Guarantee.
Amount and Timing. Within three (▇) ▇▇▇iness days after the Effective Date, Purchaser shall deliver to Chicago Title Insurance Company, located at 1819 Main Street, Sarasota, Florida 34236, Attention: Ernie Wynn (▇▇▇ "▇▇▇▇▇ ▇▇▇▇▇▇▇"), ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇d and No/100 ▇▇▇▇▇▇▇ ($200,000.00) (the "Earnest Money Deposit") in cash or Current Funds, to be held by th▇ ▇▇▇▇▇ Company in escrow to be applied or disposed of by the Title Company as is provided in this Contract. In the event Purchaser fails to deposit the Earnest Money Deposit with the Title Company as herein provided, t▇▇▇ ▇▇▇tract shall automatically terminate, and neither Seller nor Purchaser shall have any further obligations hereunder except for provisions of this Contract which expressly survive the termination of this Contract. As used in this Contract, the term "Current Funds" shall mean wire transfers, certified funds or a cashier's check in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.
Amount and Timing. Intel will advance certain funds, totaling [*] ($[*]) to Publisher for delivery of 3 Titles, Superman, Xena, and Kiss. If Intel and Publisher mutually agree upon the specific details of a fourth Title (which is currently referred to as "Title to be determined") no later than November 1, 1998, then Intel will advance additional funds totaling [*] upon Intel's acceptance of the milestones identified below (collectively, the "Funds"). Intel will advance the Funds to Publisher in the amounts specified below [*] after Publisher's accomplishing and delivering, subject to Intel's reasonable satisfaction and acceptance not to be unreasonably withheld, each of the following milestones: * THE ASTERISK SYMBOL REPLACES INFORMATION THAT HAS BEEN DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR AN ORDER GRANTING CONFIDENTIAL TREATMENT. -------------------------------------------------------------------------------- DATE (TO BE USED TITLE(S) MILESTONE AS A GUIDE) PAYMENT -------------------------------------------------------------------------------- n/a Contract Signing [*] -------------------------------------------------------------------------------- Engine optimization and preliminary title artwork for Superman and Xena Alpha September 20, 1998 [*] -------------------------------------------------------------------------------- Code Drop for (Xena and Superman) Advisory Testing September 20, 1998 -------------------------------------------------------------------------------- Superman and Xena Comdex Demo Code October 20, 1998 -------------------------------------------------------------------------------- January '99 Launch Superman Demo January 1, 1999 [*] -------------------------------------------------------------------------------- January '99 Launch Xena Demo January 1, 1999 [*] -------------------------------------------------------------------------------- Superman Beta January 20, 1999 [*] -------------------------------------------------------------------------------- Xena Beta January 20, 1999 [*] -------------------------------------------------------------------------------- 2nd code drop for Superman and Xena advisory testing-- March 1, 1999 [*] -------------------------------------------------------------------------------- English version Superman available in retail June 1, 1999 [*] -------------------------------------------------------------------------------- English version Xena available in ret...