Monetary Payments Sample Clauses

The MONETARY PAYMENTS clause defines the obligations and procedures related to the transfer of money between parties under the agreement. It typically specifies the amounts due, payment schedules, acceptable methods of payment, and any applicable conditions such as invoicing or late fees. By clearly outlining when and how payments must be made, this clause ensures both parties understand their financial responsibilities and helps prevent disputes over payment terms.
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Monetary Payments. 4.1 Civil Penalties Pursuant to Health & Safety Code § 25249.7(b)
Monetary Payments. Every effort shall be made to ensure that all monetary payments due an employee covered by this Agreement shall be paid within one month of the end of the month during which compensation was earned.
Monetary Payments. Chase shall pay an aggregate amount of $95,580,899.05 million to the Signatory Attorneys General. Chase shall pay to each Signatory Attorney General the specific amount set forth in the attached Exhibit B. Payment shall be made within ten (10) calendar days of receiving written payment processing instructions from each Signatory Attorney General. The payments shall be used for the purposes specified and according to the general instructions of each Signatory Attorney General.
Monetary Payments. Commencing on the first regular payroll date following the Resignation Date and continuing for twenty four (24) months ending August 4, 2006 Employer shall pay Employee severance pay in the form of Salary Continuation and in the amount of $6,250 per weekly payroll period, less all customary and required withholdings. Employer shall also pay Employee accrued vacation hours through August 6, 2004 within three days of the Resignation Date. Employer shall pay Employee a one time payment of an amount equal to the actual annual Executive Committee Short-term Incentive Plan paid for the year immediately proceeding the Resignation Date amounting to $373,750 to be paid on January 7, 2005.
Monetary Payments. A. Pursuant to a formula agreed to by the Settling Defendants in a separate agreement, the Settling Defendants agree to pay the sum of $2,119,000 for Consumer compensation for alleged actual losses arising from the acts alleged in the Complaint. The Settling Defendants further agree to pay $731,000 to cover Class Counsel's costs of investigation and litigation and other related costs as well as legal fees. These amounts shall be deposited with the Escrow Agent pursuant to mutually agreeable escrow instructions within ten (10) days of the Court entering the Preliminary Approval Order and together shall constitute the “Settlement Account.” These payments by the Settling Defendants shall be the total amount to be paid by the Settling Defendants under this Settlement Agreement or in connection with the Released Claims. The Settling Defendants have also agreed to pay the State of Minnesota $75,000 in the State of Minnesota Settlement and that payment shall be made directly to the State within ten (10) calendar days after the later of (1) the date of approval of the Minnesota Settlement Agreement and (2) the Effective Date of this Agreement. B. The Settling Defendants previously have each made payments of $750,000 to the Settlement Cost Account established for their settlement of State of Texas, et al.
Monetary Payments. Any monetary payment that is required by this ----------------- Lease and is not made by Tenant When due shall thereafter bear interest at the maximum rate as permitted by law. No acceptance by Landlord of any monetary payment shall constitute a waiver by Landlord of any default by Tenant hereunder.
Monetary Payments. 3.1 Licensee shall make the following monetary payments to Licensor during the term of the trademark license:
Monetary Payments. (a) Settlement Class Members for which an address is not known shall have until the Objection/Exclusion/Claim Deadline to submit a Claim Form. Any Settlement Class Member who submits a Claim Form that is determined to be an Approved Claim shall be entitled to receive a pro rata share of the Settlement Class Recovery, so that each Settlement Class Member whose address is known or who submits an Approved Claim shall be entitled to receive an amount equal to the Settlement Class Recovery divided by the total number of violations and distributed according to the number of violative calls received by the Settlement Class Member. (b) As soon as practicable but no later than sixty (60) days after the Effective Date, or such other date as the Court may set, the Settlement Administrator shall transmit checks to pay all Settlement Class Members with known addresses and those who submitted Approved Claims, which shall be mailed to those Settlement Class Members via first-class mail. (c) All payments issued to Settlement Class Members via check will state on the face of the check that the check will expire and become null and void unless cashed within ninety (90) days after the date of issuance. (d) To the extent that any checks to Settlement Class Members expire and become null and void, the Settlement Administrator shall distribute the leftover funds associated with those checks to Settlement Class Members who cashed their check from the previous round of distribution on a pro rata basis, if doing so is administratively feasible. Any remaining monies, including to the extent a second distribution is not administratively feasible, shall be distributed as a cy pres award to the National Consumer Law Center or other organization as directed by the Court.
Monetary Payments. (a) As soon as practicable but no later than sixty (60) days after the Effective Date (or such other date as the Court may order), the Settlement Administrator shall pay from the Settlement Fund (after the payment of attorney’s fees and expenses, costs of administration and such other expenditures as may be authorized by the Court (“Net Settlement Proceeds”)) a pro 37605563.1 - 8 - rata share of the Net Settlement Funds to each Settlement Class Member who filed a valid claim, which shall be mailed to those Settlement Class Members via first-class mail. (b) All payments issued to Settlement Class Members via check will state on the face of the check that the check will expire and become null and void unless cashed within ninety (90) days following issuance. (c) To the extent that any checks to Settlement Class Members expire and become null and void, the Settlement Administrator shall distribute the leftover funds associated with those checks to Settlement Class Members who cashed their check from the previous round of distribution on a pro rata basis, provided that doing so is administratively feasible (i.e., those Settlement Class Members each would receive a check for more than $10.00, after the costs of administration). Any remaining funds, including to the extent a second distribution is not administratively feasible, shall be distributed as a cy pres award to such organization(s) as the parties may recommend and as the Court may elect in its sole discretion.
Monetary Payments. In settlement of all the claims referred to in this Settlement Agreement, Master Magnetics shall pay a total of $12,000.00 in civil penalties in accordance with this Section. Each penalty payment will be allocated in accordance with California Health & Safety Code § 25249.12(c)(1) & (d), with 75% of the funds remitted to the California Office of Environmental Health Hazard Assessment (“OEHHA”) and the remaining 25% of the penalty remitted to Englander, as follows: Master Magnetics shall pay an initial civil penalty in the amount of $6,000.00 on or before the Effective Date. Master Magnetics shall issue two separate checks to: (a) “OEHHA” in the amount of $4,500.00; and (b) “The Chanler Group in Trust for ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇” in the amount of $1,500.00. All penalty payments shall be delivered to the addresses listed in Section 4.3 below.