NON-PAYMENT UPON NON-COMPLIANCE Clause Samples

The NON-PAYMENT UPON NON-COMPLIANCE clause establishes that payment is contingent upon the other party fulfilling specified obligations or requirements. In practice, this means that if a party fails to meet agreed-upon standards, deliverables, or deadlines, the paying party is not required to release funds until compliance is achieved. This clause serves to incentivize performance and protect the paying party from financial loss due to inadequate or incomplete work.
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NON-PAYMENT UPON NON-COMPLIANCE. Should Executive breach any one of the covenants set forth in this Article V, the Company shall have no obligation to make the payments or to provide Executive the benefits described in Sections 4.4 or 4.6 above, as applicable, in addition to all other rights and remedies the Company may have available at law or in equity. The Company shall provide written notice to Executive, ten (10) days prior to an expected payment, of the breach of a covenant and the ensuing non-payment thereof; provided, however, that if the Company learns of the breach without sufficient time to provide ten (10) days notice, the Company shall provide written notice as soon thereafter as practicable.
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NON-PAYMENT UPON NON-COMPLIANCE. Should Executive breach any one of the covenants set forth in this Article V, the Company shall have no obligation to make the payments or to provide Executive the benefits described in Sections 4.5 and 4.6 above, in addition to all other rights and remedies the Company may have available at law or in equity. The Company shall provide written notice to Executive, ten (10) days prior to an expected payment, of the breach of a covenant and the ensuing non-payment thereof; provided, however, that if the Company learns of the breach without sufficient time to provide ten (10) days notice, the Company shall provide written notice as soon thereafter as practicable. Notwithstanding the foregoing, the Executive shall indemnify and hold harmless the Company to the fullest extent from and against any losses, claims, damages or liabilities which arise out of any breach of the representations and warranties set forth in Section 5.6., and any matter relating to the Executive’s prior employer(s). The Executive shall reimburse the Company for the amounts provided for herein on demand as such expenses are incurred by the Company.
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NON-PAYMENT UPON NON-COMPLIANCE. Should Executive breach any one of the covenants set forth in this Article V, the Company shall have no obligation to make the payments or to provide Executive the benefits described in Sections 4.4 or 4.6 above, as applicable, in addition to all other rights and remedies the Company may have available at law or in equity. The Company shall provide written notice to Executive, ten (10) days prior to an expected payment, of the breach of a covenant and the ensuing non-payment thereof; provided, however, that if the Company learns
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NON-PAYMENT UPON NON-COMPLIANCE. Should Executive breach any one of the covenants set forth in this Article V, SoftBrands shall have no obligation to make the payments or to provide Executive the benefits described in Article IV above, in addition to all other rights and remedies SoftBrands may have available at law or in equity. SoftBrands shall provide written notice to Executive, ten (10) days prior to an expected payment, of the breach of a covenant and the ensuing non-payment thereof; provided, however, that if SoftBrands learns of the breach without sufficient time to provide ten (10) days notice, SoftBrands shall provide written notice as soon thereafter as practicable.
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NON-PAYMENT UPON NON-COMPLIANCE. Should the Consultant breach any one of the covenants set forth in this Agreement, the Company shall have no obligation to make the payments in Section 6, as applicable, in addition to all other rights and remedies the Company may have available at law or in equity. The Company shall provide written notice to the Consultant, ten (10) days prior to an expected payment, of the breach of a covenant and the ensuing non-payment thereof; provided, however, that if the Company learns of the breach
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NON-PAYMENT UPON NON-COMPLIANCE. Should the Company believe that the Executive has breached any one of the covenants set forth in this Article V, the Company shall have recourse to binding arbitration undertaken within 300 miles of Company headquarters under the rules of the American Arbitration Association in order to seek stop payment under the benefits described in Sections 4.5 and 4.6 above, in addition to all other rights and remedies the Company may have available at law or in equity. The Company shall provide written notice to Executive, ten (10) days prior to an expected payment, of the breach of a covenant and the ensuing non-payment thereof; provided, however, that if the Company learns of the breach without sufficient time to provide ten (10) days notice, the Company shall provide written notice as soon thereafter as practicable but may not, in any event, suspend payments to the Executive pursuant to this section except by written mutual agreement, or by recourse with respect to 4.5 and 4.6 above to binding arbitration, or apart from 4.5 and 4.6 above by recourse to other remedies at law.
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Related to NON-PAYMENT UPON NON-COMPLIANCE

  • CONDITIONAL UPON PAYMENT 12.1 Where applicable, You agree that this Agreement is conditional upon Apollo being paid by the Travel Agent or Travel Wholesaler (Agent) who arranged this Agreement on Your behalf. You must pay Apollo any shortfall in the amount paid by You to the Agent and the amount that should have been paid to Apollo based on the applicable standard gross rental rate in respect of the Vehicle for the rental period.

  • Payment Upon Termination In the event that the City or Consultant terminates this Agreement pursuant to Section 8, the City shall compensate the Consultant for all outstanding costs and reimbursable expenses incurred for work satisfactorily completed as of the date of written notice of termination. Consultant shall maintain adequate logs and timesheets in order to verify costs incurred to that date. The City shall have no obligation to compensate Consultant for work not verified by logs or timesheets.

  • Consequences of non-compliance If a beneficiary breaches any of its obligations under this Article, the grant may be reduced (see Article 43). Such breaches may also lead to any of the other measures described in Chapter 6.

  • Refund or Payment upon Termination Upon any termination for cause by You, We shall refund You any prepaid fees covering the remainder of the term of all subscriptions after the effective date of termination. Upon any termination for cause by Us, You shall pay any unpaid fees covering the remainder of the term of all Order Forms after the effective date of termination. In no event shall any termination relieve You of the obligation to pay any fees payable to Us for the period prior to the effective date of termination.

  • Payment upon Early Termination (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.