Direct Payment Option Sample Clauses

Direct Payment Option. 1. As an alternative to the above reimbursement procedure contained in B and C above, the Board shall provide any teacher/ed tech who complies with the above approval procedures for course reimbursement the option of a direct payment to any accredited college or university. The Central Office shall make arrangements at the employee’s request with any accredited college or university for a direct payment, provided a direct payment option is available. This direct payment option is not allowable for the payment of any courses exceeding twelve (12) credits per contract year. In the event that the tuition cost exceeds the University of Maine tuition rate for undergraduate or graduate credits or if any other related cost exists above the tuition amount, such cost shall be the financial responsibility of the employee, not the Board. 2. If the employee chooses to participate, the employee must show proof of course completion with a passing grade in a pass/fail course or grade of B or better for other coursework within thirty (30) days from grade posting, in addition to signing and agreeing to meet all of the requirements stated on the direct payment form attached to this Agreement as Appendix A, including repayment to the Board if these requirements are not met.
Direct Payment Option. If Resident chooses not to pay Rent through the Allotment or UDEFT payment methods, Resident shall pay Rent in advance and agrees to make Rent payments directly to the Owner on the first of each month, without notice, to the Owner’s office specified on Page 1 or such other person or at such other address as Owner may notify Resident. Rent payment owed by Resident pursuant to this Lease and not paid by Allotment or UDEFT will be payable by personal check, certified check, cashier check, Electronic Funds Transfer (EFT), or money order at the address specified on Page 1. A security deposit equal to one month’s Rent will be required and will be held at HomeStreet Bank of Seattle, Washington.
Direct Payment Option. 1. As an alternative to the above reimbursement procedure, the Board shall provide any teacher who complies with the above approval procedures for course reimbursement the option of receiving a direct payment to any accredited college or university. The Superintendent shall make arrangements at the employee’s request with any accredited college or university for a direct payment, provided a direct payment option is available. This direct payment option is not allowable for the payment of any courses exceeding nine (9) credits per contract year. In the event that the tuition cost exceeds the University of Maine tuition rate for undergraduate or graduate credits or if any other related cost exists above one hundred dollars ($100) required fees per course, such cost shall be the financial responsibility of the teacher, not the Board. If the employee chooses to participate, the employee must sign and agree to meet all of the requirements stated on the direct payment form attached to this Agreement (see Appendix 2) including repayment to the Board if these requirements are not met. This provision is not available for C.E.U. credits.
Direct Payment Option. Resident chooses not to use the Allotment or UDEFT payment options and agrees to make Rent payments directly to Landlord on the first day of each month in arrears after compensations (as recognized in the service member’s Leave and Earning Statement) is received, without notice, to Landlord’s office located at the address listed in Box 11, Page 1, or such other person at such address as Landlord may notify Resident. Rent payment owed by Resident pursuant to this Option will be payable by personal check, certified check, cashier check, Electronic Funds Transfer (EFT), or money order at the address specified. Resident acknowledges that by selecting this option, a security deposit will be required pursuant to Section 3 below. ____ - (Initial here to select this option.) Landlord has the right to require that all payments, including any fees or charges permitted to be assessed by Landlord in accordance with this Agreement, that are not paid by Allotment, Third Party Vendor Managed Allotment or UDEFT be made by money order, personal check, cashier’s check or certified check payable directly to Landlord or to a third party billing service engaged by Landlord.
Direct Payment Option. If Resident chooses not to use the Allotment or UDEFT payment method as specified on Page 1, Resident agrees to make Rent payments directly to the Owner on the first (1st) day of each month for the previous month’s Rent, without notice, to the Owner’s office address specified on Page 1 or such other person or at such other address as Owner may notify Resident. If Resident’s Allotment or UDEFT is terminated without written permission from Owner, and Resident is still in possession of the Premises, Resident will be considered in material breach of this Lease, unless such termination is beyond Resident’s fault or control.
Direct Payment Option. Resident agrees to make Rent payments in advance directly to Landlord on the first day of each month, without notice, to Landlord’s office located at the address listed in Box 11, Page 1, or such other person at such address as Landlord may notify Resident. Rent payment owed by Resident pursuant to this Option will be payable by personal check, certified check, cashier check, Electronic Funds Transfer (EFT), or money order at the address specified. Resident acknowledges that by selecting this option, a security deposit will be required pursuant to Section 3 below. ____ - (Initial here to select this option.) Landlord has the right to require that all payments, including any fees or charges permitted to be assessed by Landlord in accordance with this Agreement, that are not paid by Allotment, Third Party Vendor Managed Allotment or UDEFT be made by money order, personal check, cashier’s check or certified check payable directly to Landlord or to a third party billing service engaged by Landlord.
Direct Payment Option. If Resident chooses not to use the Allotment or UDEFT payment method as specified on Page 1, Resident agrees to make Rent payments directly to the Owner on the first (1st) day of each month, without notice, to the Owner’s office address specified on Page 1 or such other person or at such other address as Owner may notify Resident. Rent and all other charges owed by Resident pursuant to this Lease Agreement and not paid by Allotment or UDEFT will be payable by personal check, certified check, cashier’s check, Electronic Funds Transfer (EFT), or money order. Resident understands that by choosing this option, Resident is responsible for paying a Security Deposit in the amount as shown on Page 1 Number 10.

Related to Direct Payment Option

  • Payment Options  Paper Invoice - Supplier submits a paper invoice to the organisation as standard for each purchase order received.  Embedded Purchase Card - This payment option allows the supplier to charge the cost of the goods/services provided to a VISA/MasterCard electronic Purchasing Card (ePC) belonging to a Contracting Authority. The supplier shall receive payment from VISA/MasterCard therefore negating the need to provide an invoice to the Contracting Authority.  Consolidated Electronic Invoice - Supplier submits a single invoice covering multiple purchase orders in an electronic file.  Self-Billing - Once the Goods Received Note (GRN) has been entered on PECOS P2P, a payment instruction is automatically sent to the Contracting Authority’s finance system to make payment to the supplier for the goods/services received.  Electronic Invoices - Supplier submits an electronic invoice either directly to PECOS P2P/relevant system (cXML) and/or via the SG eInvoicing Solution, which can go again direct to PECOS P2P or a Contracting Authority’s finance system.

  • Over Allotment Option (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Securities, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [●] shares of Common Stock (the “Option Shares”), and/or Warrants to purchase up to [●] shares of Common Stock (the “Option Warrants” and, collectively with the Option Shares and Option Warrants, the “Option Securities”), representing fifteen percent (15%) of the Closing Units, which may be purchased in any combination of Option Shares and/or Option Warrants at the Share Purchase Price and/or the Warrant Purchase Price, respectively. The Closing Warrants and the Option Warrants, if any, shall be issued pursuant to, and shall have the rights and privileges set forth in the Warrant Agency Agreement. (b) In connection with an exercise of the Over-Allotment Option, (i) the purchase price to be paid for any Option Shares shall be equal to the product of the Share Purchase Price multiplied by the number of Option Shares to be purchased and (ii) the purchase price to be paid for any Option Warrants shall be equal to the product of the Warrant Purchase Price multiplied by the number of Option Warrants to be purchased (the aggregate purchase price to be paid on an Option Closing Date, the “Option Closing Purchase Price”). (c) The Over-Allotment Option granted pursuant to this Section 2.2 may be exercised by the Representative as to all (at any time) or any part (from time to time) of the Option Shares and/or Option Warrants in any combination thereof within forty-five (45) days after the Execution Date. An Underwriter will not be under any obligation to purchase any Option Securities prior to the exercise of the Over-Allotment Option by the Representative. The Over-Allotment Option granted hereby may be exercised by the giving of oral notice to the Company from the Representative, which must be confirmed in writing by overnight mail or facsimile or other electronic transmission setting forth the number of Option Shares and/or Option Warrants to be purchased and the date and time for delivery of and payment for the Option Securities (each, an “Option Closing Date”), which will not be later than the earlier of (i) forty-five (45) days after the Execution Date and (ii) two (2) full Business Days after the date of the notice or such other time as shall be agreed upon by the Company and the Representative, at the offices of ▇▇▇▇▇▇▇▇ & Worcester LLP or at such other place (including remotely by facsimile or other electronic transmission) as shall be agreed upon by the Company and the Representative. If such delivery and payment for the Option Securities does not occur on the Closing Date, each Option Closing Date will be as set forth in the notice. Upon exercise of the Over-Allotment Option, the Company will become obligated to convey to the Underwriters, and, subject to the terms and conditions set forth herein, the Underwriters will become obligated to purchase, the number of Option Shares and/or Option Warrants specified in such notice. The Representative may cancel the Over-Allotment Option at any time prior to the expiration of the Over-Allotment Option by written notice to the Company.