First Payment Methodology Sample Clauses

The First Payment Methodology clause defines the process and criteria for determining how the initial payment under an agreement will be calculated and made. Typically, this clause outlines the timing, amount, and method of the first payment, such as whether it is due upon contract execution, delivery of goods, or completion of a milestone. By clearly specifying these details, the clause ensures both parties understand their financial obligations from the outset, reducing the risk of disputes and facilitating smooth commencement of the contractual relationship.
First Payment Methodology. (A) First Installment. In the event that the Executive shall have been employed continuously by the Company during the period from the date of this Agreement through the first annual anniversary of the Effective Date, then the Company shall pay the Executive on the first annual anniversary of the Effective Date, an amount equal to 35% of the Executive's weighted average base salary during the 12 month period ending on such first annual anniversary.
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First Payment Methodology 
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Related to First Payment Methodology

  • Payment Methodology The Grantee shall be reimbursed for actual, reasonable, and necessary costs based upon the Grant Budget, not to exceed the Maximum Liability established in Section 1. Upon progress toward the completion of the Scope, as described in Section A of this Grant Contract, the Grantee shall submit invoices prior to any reimbursement of allowable costs.

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within ____ business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other ______________________ basis. If the Subcontractor completes the Services to the satisfaction of the Contractor, before the full amount or balance has been fully paid, any remaining amount shall be payable immediately. ☐ - Other: ________________________________________________________

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following:

  • Civil Penalty Payment Method ▇▇▇▇▇▇ shall pay the civil penalty by check, credit card, wire transfer, or portal, payable to CARB, using instructions provided separately by CARB in a Payment Transmittal Form. ▇▇▇▇▇▇ is responsible for all payment processing fees. Payments shall be accompanied by the Payment Transmittal Form to ensure proper application. CARB shall deposit the civil penalty amount into the Air Pollution Control Fund for the purpose of carrying out CARB’s duties and functions to ensure the integrity of its air pollution control programs. Should payment instructions change, CARB will provide notice to ▇▇▇▇▇▇ in accordance with Paragraph 12 (Notices).

  • Settlement Method Election Date The third Scheduled Trading Day immediately preceding the First Expiration Date.