Consideration Payment Sample Clauses

Consideration Payment. Department agrees to pay a daily per diem rate where "daily" means each day, or part of a day, including the first but not the last day of program participation/confinement. This applies to each subsection listed below. Department shall compensate Contractor for successful delivery of services provided in the following manner:

Consideration Payment. 4.1 In lieu of the consideration mentioned in the THIRD SCHEDULE hereto (hereinafter referred to as the “Consideration Amount”) to be paid by the Purchasers to the Developer in the manner also set out in the Third Schedule, the Developer agrees to sell to the Purchasers the said Flat described in the SECOND SCHEDULE, it being recorded that the Purchaser/s has/have informed the Developer that such payment schedule is more convenient to the Purchaser. 4.2 The Purchaser/s has/have also agreed to pay to the Developer in addition to the consideration amount hereinabove mentioned, proportionately all applicable statutory outgoing and expenses including the Service Tax or GST in full. 4.3 In addition to the aforesaid consideration amount, the Purchasers shall also pay to the Developer extra amounts and deposits as described under the SIXTH SCHEDULE hereto and also the costs of obtaining and providing the electric meter and electricity connection at the said Flat. 4.4 The Purchasers may at his own risk, cost and consequences may obtain a home loan from any recognized Bank or Financial Institution for which the Developer may issue a consent letter, but without any liability attaching to or upon the Developer and in case of cancellation of this Agreement the Developer in such case would refund the part consideration received without any interest or other liability. 4.5 In case of such a cancellation of this Agreement the Developer would refund only the amount lying with it after deducting the cancellation charges more fully mentioned in 7.1 herein below mentioned, to the concerned Bank or Financial Institution and only the balance remaining if any to the Purchasers. Under no circumstance any govt. dues, levy or service tax collected and deposited would be treated as refundable. 4.6 In case the purchaser(s) desire to nominate any other person or party to acquire the said flat, the purchaser may so but after adhering to the following terms and conditions:- i) That the agreement has not been cancelled. ii) That the purchaser/s is/are not defaulter and incase being a defaulter, such default has been condoned by the developer and the purchaser has cleared the interest and penalty thereon. iii) That the purchaser/s is/are ready and willing to pay to the developer a transfer fee for accepting the nomination @ 1% of the total consideration mentioned herein provided that in case any further nomination by the nominee to a third party, apart from the other compliance herein co...

Consideration Payment. In consideration of the License granted and the other Services (as hereinafter defined) provided pursuant to this Agreement, Licensee or an Affiliate of Licensee has paid or caused to be paid to Licensor an aggregate of Two Million Five Hundred Thousand U.S. Dollars ($2,500,000) (the “Payment”), of which $500,000 (the “Cayman Payment”) was paid to Licensor on behalf of Licensee. Licensor hereby acknowledges that the Payment was made timely, and constitutes full payment of all obligations under Section VII of the MOU (as defined herein). No royalties or other payments are required hereunder.

Consideration Payment. (a) In order to facilitate the consummation of the OpCo Closing, at the OpCo Closing, the following steps shall be deemed to occur in the following order: (i) to effect the portion of the Credit Bid with respect to the OpCo Sale, BidCo (or its Designee(s)) shall be deemed to assign to OpCo Purchaser a portion of the Credit Bid Amount (the “OpCo Credit Bid Amount”), which OpCo Credit Bid Amount shall be comprised of a portion of (A) the Term Loan Obligations and First Lien Notes Obligations, and (B) the DIP Obligations, which portions shall be proportionate to the total amount of Term Loan Obligations and First Lien Notes Obligations and DIP Obligations as constitute the total Credit Bid Amount; (ii) as consideration for the deemed assignment of the OpCo Credit Bid Amount described in clause (i), OpCo Purchaser (or its Designee(s)) shall (A) deliver, or cause to be delivered, to or at the direction of PropCo Purchaser, a cash payment equal to one million dollars ($1,000,000) to an account designated by Earnout Co. and (B) take the actions contemplated by Section 2.5(b); (iii) OpCo Purchaser shall (or shall cause its Designee to): (A) credit bid the OpCo Credit Bid Amount; (B) deliver, or cause to be delivered, to the Company, a cash payment (the “OpCo-Company Closing Date Payment”) equal to: (1) six hundred ninety-two million dollars ($692,000,000); plus (2) the Payoff Amount; plus (3) fifty percent (50%) of the amount (if any) by which Estimated October EBITDA exceeds the Target October EBITDA; less (4) fifty percent (50%) of the amount (if any) by which Target October EBITDA exceeds Estimated October EBITDA; less (5) the Estimated Closing Cash; less

Consideration Payment. On the Commencement Date, Tenant is paying as provided for in Section 3.1 a payment which (i) is consideration for the execution and delivery of the Option by Landlord, (ii) is non-refundable and (iii) will be retained by Landlord notwithstanding any other provision of this Lease.

Consideration Payment. In consideration of the License granted and the other Services (as hereinafter defined) provided pursuant to this Agreement, Licensee or an Affiliate of Licensee has paid or caused to be paid to Licensor an aggregate of Two Million Five Hundred Thousand U.S. Dollars ($2,500,000) (the “Payment”), of which $2,000,000 (the “USA Payment”) was paid to Licensor on behalf of Licensee and its Affiliate TO LLC. Licensor hereby acknowledges that (a) the Payment was made timely, and constitutes full payment of all obligations under Section VII of the MOU (as defined herein), and (b) that portions of such USA Payment shall be allocated to Licensee and TO LLC as payment of consideration pursuant to this Agreement and the US Medical Cannabis License Agreement, as determined by Licensee and its Affiliates, without duplication. No royalties or other payments are required hereunder.

Consideration Payment. The aggregate consideration (collectively, the “Purchase Price”) to be paid by Purchaser for the purchase of the Acquired Assets shall be: (i) the assumption of Assumed Liabilities and (ii) a cash payment in an amount equal to forty five million United States Dollars ($45,000,000) (the “Cash Consideration”). At the Closing, Purchaser shall deliver, or cause to be delivered, to Sellers Cash Consideration less the Deposit (the “Closing Date Payment”) and shall assume the Assumed Liabilities. The Cash Consideration and any payment required to be made pursuant to any other provision hereof shall be made in cash by wire transfer of immediately available funds to such bank account as shall be designated in writing by the applicable Party to (or for the benefit of) whom such payment is to be made at least two (2) Business Days prior to the date such payment is to be made.

Consideration Payment. 5.1 In consideration of the Company’s Services, the Client shall pay to the Company the Consideration to be stipulated in the Termsheet and all reasonable out of pocket expenses (if any) in accordance with the commercial terms and payment terms as detailed in the Separate Agreement. 5.2 The Company shall send its staff to check for the quality of completion of the Project(s) together with the Client. The Client shall pay for the Company’s Services within 90 days upon the completion of the Project(s) to the satisfaction of the Client. 5.3 The Company shall be entitled to the receivables from the Client for the percentage of Work completed. The date of payment of such Work is stated in the Termsheets and unless the Company is not satisfied with the quality of Work completed and/or the Client has not fulfilled the terms and conditions specified under the Termsheets.

Consideration Payment. 2.1 In consideration for consulting services provided by the Consultant to the Company hereunder, the Company shall pay to the Consultant a consulting fee of $[ ] per hour for each hour devoted to consulting for the Company as provided hereunder (“Consulting Hour”). Unless otherwise agreed to in writing by the parties, the Consultant’s consulting time shall not include travel time. 2.2 In addition to any consulting fees due to the Consultant pursuant to Section 2.1 above, the Company will reimburse reasonable out-of-pocket expenses (including reasonable travel expenses) actually incurred by the Consultant in the course of performing the consulting services hereunder, in compliance with the Company’s travel policies for its officers and subject to customary written verification of such expenses in a form reasonably satisfactory to the Company, within thirty (30) business days after the Company’s receipt from the Consultant of a proper written invoice therefore. 2.3 The Consultant shall provide to the Company a written invoice of any services provided by Consultant and the date and time spent on such consulting services. 2.4 The Consultant and Company agree that the time spent on services Consultant is expected to perform under this Agreement will not exceed 20% of the average level of time spent on services Consultant performed for the Company over the immediately preceding three-year period. 2.5 The Consultant will not be eligible for, nor will participate in, any health, pension, or other employee benefit plan sponsored or established by the Company for the benefit of its employees.