Conditions of Payments Clause Samples
The "Conditions of Payments" clause defines the specific requirements that must be met before payments are made under a contract. Typically, this clause outlines prerequisites such as the completion of certain work milestones, submission of invoices, or provision of supporting documentation. By clearly stating these conditions, the clause ensures that payments are only released when agreed-upon obligations are fulfilled, thereby protecting both parties and reducing the risk of disputes over payment timing or entitlement.
Conditions of Payments. Excluding Accrued Payments, all payments set forth in this section that are not otherwise required by law shall be payable so long as:
i. Executive complies with this Agreement, including, but not limited to, Section 9 through Section 14; and
ii. Within sixty (60) days of the Termination Date, Executive (or Executive’s beneficiary or estate) delivers to the Company and does not revoke (under the terms of applicable law) a general release of all of Executive’s Claims against the Company, the Company’s Affiliates, and the Company’s Subsidiaries substantially in the form attached hereto as Exhibit C; provided that if necessary, such general release may be updated and revised to comply with applicable law to achieve its intent. The Company is not obligated to make any payments to Executive other than Accrued Payments in the event of Executive’s failure to execute and return such release without revocation; provided that, the Company must first notify Executive or Executive’s estate of the failure to deliver such general release and provide to Executive or Executive’s estate ten (10) business days to cure such failure.
Conditions of Payments. Advance Payments and Extension Payments are subject to the following terms and conditions:
Conditions of Payments. Payment of an Accelerated Benefit is subject to the following conditions: 1) This contract must be in force.
Conditions of Payments. 3.1 Total Fee, Currency and Payment
3.1.1 UNESCO shall pay the Contractor the sum of . All payments shall be made in the currency of the contract. UNESCO shall not make any payments which are due under this contract to anyone other than the contracting party hereto. Installments expressed in US$ and payable in another currency than US$ should be converted at the official UNESCO rate of exchange in force on the date of payment.
3.1.2 The price of this Contract is not subject to any adjustment or revision because of prices or currency fluctuations or the actual costs incurred by the Contractor in the performance of the Contract.
3.1.3 The Contractor shall not perform any other services, which may result in any costs in excess of the amount specified above without the prior written agreement of UNESCO’s signatory to this contract.
3.1.4 All payments shall be effected by bank transfer. UNESCO shall be responsible for its own banking fees but any possible intermediary banking fees, as well as the beneficiary’s own banking fees, shall be the responsibility of the Contractor.
3.1.5 The Contractor should confirm below mentioned banking instructions for any payment arising from the present contract (only one banking instruction is allowed in any one contract): Name of the Bank: Address of the Bank: Name of the Account Holder: Number of Account:
Conditions of Payments. A. Payments under the Short-Term and Long-Term Disability Plans referred to in Sections 1 and 2 of this Article will not be made for:
1. The first 24 hours of absence for any non- occupational disability unless such period of disability extends beyond 1 calendar week in which event payment will be made on the basis of absences for hours which would normally have been worked had the employee performed his regular schedule of work during the first 24 hours of absence. If an employee is admitted to the hospital as an inpatient or treated on an outpatient basis and provided services that would otherwise require admission to the hospital as an inpatient during the first 24 hours of a certified non-occupational disability, any remaining hours of the 24-hour waiting period will be waived. In no case shall the period of payment exceed the schedule established herein, or
2. Any disability occurring during the first 12 months that the employee’s plan coverage is in effect if caused by any condition for which he or she received treatment during the three month period before his or her coverage became effective, or
3. Any period of non-occupational disability absence beyond the 24th consecutive hour during which the employee is not under treatment by a licensed practicing physician, or
4. Any disability caused directly or indirectly by war declared or undeclared, or
5. Any intentionally self-inflicted injury, or
6. Any disability resulting from commission of a felony, or
7. Any disability due to willful misconduct, violation of Company rules, or refusal to use safety appliances.
B. Payments under these plans will be made only to employees whose absence is due to non-occupational or occupational disability and will not be paid to employees who are absent for other reasons.
C. Payments will only be made when the Company is provided, if it so requests, with a doctor’s certificate, subject to confirmation by a doctor selected by the Company, as proof that the employee’s absence was due to legitimate non-occupational or occupational illness or injury. Under normal circumstances, a doctor’s certification will not be requested by the Company during the first 24 hours of the absence. However, certification may be requested by the Company for any or all of the first 24 hours of absence if the Company has reason to question the absence.
D. Payments will only be made when employees properly report their absence and the cause of the absence to the proper Company representative in...
Conditions of Payments. 5.1 Transfer of funds and currency of payment
5.1.1 The Partner, through the signature of the present Agreement, accepts responsibility for the implementation of the activities indicated in the above Article II. UNESCO will proceed with the relevant payments as reflected in the budget enclosed in Annex II, to be expended under the direct responsibility of the Partner.
5.1.2 All payments shall be made in the currency of the Agreement [insert currency] and as specified in Article 5.2.1 below.
5.1.3 The Partner shall not perform any other services, which may result in any costs in excess of the amount specified above without the prior written agreement of UNESCO.
5.1.4 All payments shall be effected by bank transfer. UNESCO shall be responsible for its own banking fees but any possible intermediary banking fees, as well as the beneficiary’s own banking fees, shall be the responsibility of the Partner. The cost of the local bank transfers will be borne by the Partner.
5.1.5 The Partner shall acknowledge receipt of each payment within seven (7) calendar days of receipt.
5.1.6 The banking instructions for any payment arising from the present Agreement (only one banking instruction) are the following: Name of the Bank: Address of the Bank: Name of the Account Holder: [Shall be the same as the partner’s name] Number of Account: Bank Code: IBAN Number: BIC / SWIFT:
Conditions of Payments. Excluding Accrued Payments, all payments set forth in this section that are not otherwise required by law shall be payable so long as:
i. Employee complies with this Agreement, including, but not limited to, Section 9 through Section 14; and
ii. Within 30 days of the Termination Date, or as otherwise agreed to by the Company and Employee, Employee (or Employee’s beneficiary or estate) delivers to the Company and does not revoke (under the terms of applicable law) a general release of all of Employee’s Claims against the Company, the Company’s Affiliates, and the Company’s Subsidiaries, substantially in the form attached hereto as Exhibit C; provided that, if necessary, such general release may be updated and revised by the Company to comply with applicable law to achieve its intent. The Company is not obligated to make any payments to Employee other than Accrued Payments in the event of Employee’s failure to execute and return such release without revocation; provided that, the Company must first notify Employee or Employee’s estate of the failure to deliver such general release and provide (x) to Employee 10 business days to cure such failure, or (y) in the event of death, to Employee’s estate 30 days to cure such failure.
Conditions of Payments a. If this Agreement does not become effective and irrevocable by its terms no later than Friday, July 29, 2016, the Company will have no obligation to make the payments or provide the benefits set forth in Section 2, Section 4 or Section 5 of this Agreement and Executive will not be entitled to receive any payments or benefits under this Agreement.
Conditions of Payments. 5.1 Transfer of funds and currency of payment
5.1.1 The Partner, through the signature of the present Agreement, accepts responsibility for the implementation of the activities indicated in the above Article II. UNESCO will proceed with the relevant payments as reflected in the budget enclosed in Annex II, to be expended under the direct responsibility of the Partner.
5.1.2 All payments shall be made in the currency of the Agreement (insert currency) and as specified in Article 5.2.1 below
5.1.3 The Partner shall not perform any other services, which may result in any costs in excess of the amount specified above without the prior written agreement of UNESCO.
5.1.4 All payments shall be effected by bank transfer. UNESCO shall be responsible for its own banking fees but any possible intermediary banking fees, as well as the beneficiary’s own banking fees, shall be the responsibility of the Partner. The cost of the local bank transfers will be borne by the Partner.
5.1.5 The Partner shall acknowledge receipt of each payment within seven (7) calendar days of receipt.
5.1.6 The banking instructions for any payment arising from the present Agreement (only one banking instruction) are the following: ₋ Name of the Bank: ₋ Address of the Bank: ₋ ₋ Name of the Account Holder: [Shall be the same as the partner’s name] ₋ Number of Account: ₋ Bank Code: ₋ IBAN Number: ₋ BIC / SWIFT:
5.2 Instalments
5.2.1. The {programme/}project}{activity} to be performed by the Partner shall be financed by UNESCO in accordance with UNESCO’s Financial Regulations and the terms and conditions laid down in this Agreement. The funds are payable in the following instalments only upon certification by the UNESCO Officer responsible for this Agreement of satisfactory performance by the Partner of the work corresponding to each payment (except for the advance payment(s)): Payment N°. Upon submission to and approval by UNESCO of the following work Article I Reference Latest date for submission Currency of the Agreement/Amount
5.2.2. At least once a year UNESCO shall carry out a comprehensive assessment of the Partner’s performance. The first such assessment shall hence take place by [specify date].
5.2.3. Last payment (minimum 10% of the Agreement) shall only be processed after receipt of a financial statement and acceptance of the activity report(s) as listed above.
Conditions of Payments. Clubs must meet the following conditions for participation payments to be made under this Agreement: • Sign and return the Acceptance Form set out in Appendix 2. • Abide by all National Competition Rules and Regulations, as administered by the Championship Committee and Regional Competitions Committees. • Promote and abide by Scottish Rugby’s Bye Laws and Code of Conduct (▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/ about-us/governance). • Comply with the iRB’s Regulations Relating to the Game together with Scottish Rugby’s Domestic Regulations. • Maintain a satisfactory disciplinary record. • Register all players plus key club contacts in accordance with Section 5. • Comply with the BT League and Cup Competition Conditions in Section 3. • Obtain international clearance for incoming players to Scotland in accordance with Section 5. • Sign up to and apply the Scottish Rugby Policy on Child Protection and Welfare and appoint a named Child Protection Officer if involving players under the age of 18, in accordance with Section 5. • Comply with Scottish Rugby’s ‘Are You Ready to Play Rugby?’ Policy in accordance with Section 7 consisting of the following components: - The under 18s in adult rugby and under 16s in under 18 rugby policies. - Adhere to the applicable minimum standards for Coaching, Teaching and Refereeing • Return a copy team sheet to the relevant Competition Secretary in accordance with Section 5. • Adhere to the Serious Injury Report requirements in accordance with Section 8.