Only Payments Sample Clauses

The "Only Payments" clause restricts the obligations between parties to the payment of specified amounts, excluding any other duties or responsibilities. In practice, this means that the parties are only required to make the agreed payments and are not bound to provide additional services, goods, or performance beyond the financial transaction. This clause serves to clearly define and limit the scope of the agreement, ensuring that both parties understand that their sole obligation is the transfer of funds, thereby reducing the risk of misunderstandings or disputes over additional expectations.
POPULAR SAMPLE Copied 2 times
Only Payments. The Fees set forth in this Section 16 are the only payments to be made by the County to Contractor under this Agreement. The County shall not pay Contractor any additional fees, assessments, or reimbursements, and Contractor shall be solely responsible for, and shall indemnify the County against, all costs and expenses incurred by Contractor in meeting Contractor’s obligations under this Agreement, including labor expenses, Hardware and Software costs, and general business expenses (including travel, meals, and overhead expenses).
View Source
Only Payments. The fees set forth in this Section 8 are the only payments to be made by Allstate to Acxiom under this Agreement. Acxiom shall be solely responsible for, and shall indemnify Allstate against, all costs and expenses of Acxiom necessary to meet Acxiom's obligations arising under this Agreement, including (but not limited to) labor expenses, hardware and software costs, and general business expenses (including, but not limited to, travel, meals, and overhead expenses). Except as otherwise expressly stated, Allstate will not pay Acxiom any additional fees, assessments, or reimbursements. 8.11. Invoices 8.11.1. Data Acquisition Costs Acxiom shall furnish: (a) each Allstate PP&C region, each claims office, and each other user of DAS specified by Allstate with a separate monthly invoice for its proportionate share of DAC, applicable surcharges, taxes, and TDCS, and (b) the Allstate headquarters with a monthly invoice for its proportionate share of DAC, applicable surcharges and TDCS, as well as the share of such charges not otherwise allocated to other DAS users, which shares shall be separately stated on such invoice. Subject to the provisions of Sections 8.11.4 and 8.11.5 hereof, and until such time as the Parties successfully implement an Electronic Data Interchange system, which shall include provision of a consolidated monthly invoice with separate line items by Allstate cost center ("EDI") between them, Allstate shall pay each such invoice no later than 30 business days after receipt. After the successful implementation of EDI, but still subject to the provisions of Sections 8.11.4 and 8.11.5, Allstate shall pay: (x) such invoices related to DAS provided to PP&C regions, claims office and other DAS users not classified by Allstate as part of Allstate's home office not later than 15 business days after receipt, (y) such invoices related to DAS provided to users classified by Allstate as part of Allstate's home office not later than 30 business days after receipt, and (z) interest at the rate of one percent (1%) per month on any undisputed amounts not paid within the time frames referenced in this sentence.
View Source
Only Payments. 27 9.6 Set-Off.................................................................. 27 9.7
View SourceView Similar (2)
Only Payments. Except as otherwise expressly stated in this Agreement, the State shall not pay Provider any additional fees, assessments, or reimbursements, other than the Fees and Provider shall be solely responsible for, and shall indemnify, defend, protect and hold harmless the State against, all costs and expenses incurred by Provider in meeting Provider's obligations under this Agreement, including labor expenses, hardware and software costs, and general business expenses (including travel, meals, and overhead expenses).
View SourceView Similar (2)
Only Payments. 17 8.11. Invoices....................................................... 18 8.11.1. Data Acquisition Costs.................................... 18 8.11.2. Other Charges............................................. 18 8.11.3.
View Source
Only Payments. The fees set forth in this Article IV are the only payments to be made by the City to SDDPC under this Agreement. The City shall not pay SDDPC any additional fees, assessments, or reimbursements, and SDDPC shall be solely responsible for, and shall indemnify the City against, all costs and expenses incurred by SDDPC in meeting SDDPC's obligations under this Agreement, including 1abor expenses, hardware and software costs, and general business expenses (including travel, meals, entertainment, and overhead expenses).
View Source
Only Payments. The Fees identified in this Section 2.6 are the only payments to be made by any Service Recipient to GMS under this Agreement with respect to the Services. Other than as expressly set forth in any SOW, no Service Recipient shall pay GMS any fees, assessments, reimbursements, costs or expenses, including any travel, meals or overhead expenses.
View Source
Only Payments. The Annual Service Fees and charges set forth in this Section 6 and Schedule E are the only payments to be made by Investors to Provider under this Agreement. Except as otherwise expressly stated in this Section 6, Investors shall not pay Provider any additional fees, assessments, reimbursements, or expenses for labor and general business expenses (including travel, meals, and overhead expenses).
View Source

Related to Only Payments

  • Timely Payments LIFE COMPANY will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by LIFE COMPANY by 1:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable LIFE COMPANY to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.

  • Early Payments The Obligor on the Receivable has made, or will make, the first two monthly payments under such Receivable.

  • Certain Additional Payments In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the L/C Issuer or any Lender hereunder (and interest accrued thereon) and (y) acquire (and fund as appropriate) its full pro rata share of all Loans and participations in Letters of Credit and Swing Line Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c) of this Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 3.01, 3.04, 3.05 and 11.04 with respect to facts and circumstances occurring prior to the effective date of such assignment); provided, that except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Upon request, the Borrower (at its expense) shall execute and deliver a Note to the assignee Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with subsection (d) of this Section.

  • Proration of Payments If any Lender shall obtain any payment or other recovery (whether voluntary, involuntary, by application of offset or otherwise, on account of (a) principal of or interest on any Loan, but excluding (i) any payment pursuant to Section 8.7 or 15.6 and (ii) payments of interest on any Affected Loan) or (b) its participation in any Letter of Credit) in excess of its applicable Pro Rata Share of payments and other recoveries obtained by all Lenders on account of principal of and interest on the Loans (or such participation) then held by them, then such Lender shall purchase from the other Lenders such participations in the Loans (or sub-participations in Letters of Credit) held by them as shall be necessary to cause such purchasing Lender to share the excess payment or other recovery ratably with each of them; provided that if all or any portion of the excess payment or other recovery is thereafter recovered from such purchasing Lender, the purchase shall be rescinded and the purchase price restored to the extent of such recovery.

  • Check-Off Payments The Employer shall deduct from every employee any dues, initiation fees, or assessments levied by the Union on its members.