Outstanding Payment Due Clause Samples

The 'Outstanding Payment Due' clause establishes the obligation for a party to pay any remaining amounts owed under an agreement. Typically, this clause specifies when such payments must be made, such as upon termination of the contract or after delivery of goods or services, and may outline the method and timeframe for settling these outstanding balances. Its core practical function is to ensure that all financial obligations are clearly addressed and settled, thereby preventing disputes over unpaid amounts and providing certainty for both parties regarding final payments.
Outstanding Payment Due. Such Wholly-Owned Subsidiary is not in breach or default under or with respect to any contractual obligation for or with respect to any outstanding amount or amounts payable under such contractual obligation that equals or exceeds $[***] individually or $[***] in the aggregate.
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Outstanding Payment Due. Such Wholly-Owned Subsidiary is not in breach or default under or with respect to any contractual obligation for or with respect to any outstanding amount or amounts payable under such contractual obligation that equals or exceeds $[***] individually or $[***] in the aggregate. A-1 [***] = Certain information contained in this document, marked by brackets, has been omitted because it is both not material and would be competitively harmful if publicly disclosed. EXHIBIT A DEFINED TERMS “1940 Act” means the Investment Company Act of 1940, as amended. “2024 Assumption Agreement” has the meaning set forth in Section 2.6(B)(i)(2)(b). “2024 Assuming Lender” has the meaning set forth in Section 2.6(B)(i)(1). “2024 Commitment Date” has the meaning set forth in Section 2.6(B)(i)(1). “2024 Commitment Increase” has the meaning set forth in Section 2.6(B)(i). “2024 Commitment Increase Date” has the meaning set forth in Section 2.6(B)(i). “2024 Increasing Lender” has the meaning set forth in Section 2.6(B)(i)(1). “Accession Agreement” means a Security Agreement Supplement in the form of Exhibit I to the Guaranty, Pledge and Security Agreement. “Account Bank” means, with respect to any Wholly-Owned Subsidiary Operating Account, the bank at which such Wholly-Owned Subsidiary Operating Account is maintained. “Account Control Agreement” means, with respect to a Wholly-Owned Subsidiary, an account control agreement among the Collateral Agent, the applicable Wholly-Owned Subsidiary and the applicable Account Bank establishing control (as defined in the UCC) with respect to the applicable Wholly-Owned Subsidiary Operating Account (it being understood that any such account control agreement will grant exclusive control on a springing basis). “Accountant’s Reports” means the Independent Service Provider’s Report (as defined in the Transaction Management Agreement). “Acquisition Certificate” means a certificate substantially in the form of Exhibit M. “Administrative Agent” has the meaning set forth in the introductory paragraph hereof. “Administrative Services Agreement” means, with respect to a Tax Equity Opco, the administrative services agreement between such Tax Equity Opco and the Administrative Services Provider whereby the Administrative Services Provider is responsible for providing (i) billing, collecting and enforcing Customer Agreements, (ii) remote monitoring of PV Systems and (iii) other routine administrative responsibilities for such Tax Equity Opco. An Administra...
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Outstanding Payment Due. Such TPO Solar Project Owner Subsidiary is not in breach or default under or with respect to any contractual obligation for or with respect to any outstanding amount or amounts payable under such contractual obligation that equals or exceeds $[***] individually or $[***] in the aggregate. [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] ABA: [***] Acct: [***] Acct Name: [***] For Further Credit: Acct # [***] Attn: [***] [***] ABA: [***] Acct: [***] Acct Name: [***] For Further Credit: Acct # [***] Attn: [***] [***] ABA: [***] Acct: [***] Acct Name: [***] For Further Credit: Acct # [***] Attn: [***] [***] ABA: [***] Acct: [***] Acct Name: [***] For Further Credit: Acct # [***] Attn: [***] [***] ABA: [***] Acct: [***] Acct Name: [***] For Further Credit: Acct # [***] Attn: [***] [***] ABA: [***] Acct: [***] Acct Name: [***] For Further Credit: Acct # [***] Attn: [***] [***] ABA: [***] Acct: [***] Acct Name: [***] For Further Credit: Acct # [***] Attn: [***] [***] ABA: [***] Acct: [***] Acct Name: [***] For Further Credit: Acct # [***] Attn: [***] Vivint Solar Owner I, LLC [***] [***] Address: [***] Attn: [***] Facsimile: [***] Telephone: [***] None. None. Initial Tax Equity Funds: 1. Vivint Solar Fund 23 Project Company, LLC 2. Vivint Solar Fund 24 Project Company, LLC
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Related to Outstanding Payment Due

  • Outstanding Fees Failure to pay all outstanding fees may result in the loss and/or suspension of extra- curricular activity privileges. Fees may include but shall not be limited to: lost books, late library fees, lunch accounts, before/after care fees, and any and all fees which may accrue in the normal course of the school year.

  • Payment Due Payment for services provided by BellSouth, including disputed charges, is due on or before the next ▇▇▇▇ date. Information required to apply payments must accompany the payment. The information must notify BellSouth of Billing Account Numbers (BAN) paid; invoices paid and the amount to be applied to each BAN and invoice (Remittance Information). Payment is considered to have been made when the payment and Remittance Information are received by BellSouth. If the Remittance Information is not received with payment, BellSouth will be unable to apply amounts paid to Freedom’s accounts. In such event, BellSouth shall hold such funds until the Remittance Information is received. If BellSouth does not receive the Remittance Information by the payment due date for any account(s), late payment charges shall apply.

  • Outstanding Balance The balance on Lender's books and records shall be presumptive evidence (absent manifest error) of the amounts owing to Lender by the Borrowers; provided that any failure to record any transaction affecting such balance or any error in so recording shall not limit or otherwise affect the Borrowers' obligation to pay the Obligations.

  • Break Funding Payments In the event of (a) the payment of any principal of any Eurodollar Loan other than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default or as a result of any prepayment pursuant to Section 2.11), (b) the conversion of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Eurodollar Loan on the date specified in any notice delivered pursuant hereto (regardless of whether such notice may be revoked under Section 2.11 and is revoked in accordance therewith) or (d) the assignment of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto as a result of a request by the Borrower pursuant to Section 2.19, then, in any such event, the Borrower shall compensate each Lender for the loss, cost and expense attributable to such event. Such loss, cost or expense to any Lender shall be deemed to include an amount determined by such Lender to be the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of such Loan had such event not occurred, at the Adjusted LIBO Rate that would have been applicable to such Loan, for the period from the date of such event to the last day of the then current Interest Period therefor (or, in the case of a failure to borrow, convert or continue, for the period that would have been the Interest Period for such Loan), over (ii) the amount of interest which would accrue on such principal amount for such period at the interest rate which such Lender would bid were it to bid, at the commencement of such period, for deposits in Dollars of a comparable amount and period from other banks in the eurodollar market. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to this Section shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.

  • Monthly Payment City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have 30 days from the receipt of an invoice that complies with all of the requirements above to pay Consultant.