Interim Payment 2 Sample Clauses

Interim Payment 2. If Asset Ratio 2 on Measurement Date 2 is greater than 70% but less than 90%, Buyer shall pay to Seller an amount equal to (y) Target Amount 2 multiplied by (z) 1.0 minus the product of (I) the relevant Payment Factor multiplied by (II) 66.67%.
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Interim Payment 2. Request for interim payment by the Contractor shall be admissible if accompanied by : provided the report has been approved by the Agency. The Agency shall have twenty days from receipt to approve or reject the report, and the Contractor shall have twenty days in which to submit additional information or a new report.
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Interim Payment 2. The third payment shall be fifteen percent (15%) of the total Incentives Award Amount for the Milestones described below and shall be paid within thirty (30) business days of the Alliance’s undisputed receipt of Milestone deliverables (due by November 30, 2023).
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Related to Interim Payment 2

  • Interim payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ➢ an interim technical report in accordance with the instructions laid down in ▇▇▇▇▇ ▇; ➢ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • Interim Payments Interim payments may be made by Department, at its discretion, if the completion of deliverables to date have first been accepted in writing by Department's Grant Manager.

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Collection Where Payment Refused The Custodian shall not be required to take action to effect collection of any amount, if the Securities upon which such amount is payable are in default, or if payment is refused after due demand or presentation, unless and until it shall be directed to take such action and it shall be assured to its satisfaction of reimbursement of its related costs and expenses.

  • Premium Payments The insurance companies shall have no recourse against the County and funding agencies, its officers and employees or any of them for payment of any premiums or assessments under any policy issued by a mutual insurance company.