PAYMENT AND CONSIDERATION Sample Clauses
The Payment and Consideration clause defines the terms under which one party compensates the other for goods, services, or other contractual obligations. It typically outlines the amount to be paid, the payment schedule, acceptable methods of payment, and any conditions or milestones that must be met before payment is due. For example, it may specify that payment is due within 30 days of invoice receipt or upon completion of certain deliverables. This clause ensures both parties have a clear understanding of financial expectations, reducing the risk of disputes over payment timing or amounts.
PAYMENT AND CONSIDERATION. A Party shall provide the services outlined in this IGA in reliance on the other with the understanding that consideration is satisfied by the performance of said services. No monetary payment shall be exchanged between DISTRICT and YCESA in satisfaction of the obligations pursuant to this IGA.
PAYMENT AND CONSIDERATION. The Parties agree that, except for any payments to expert witnesses pursuant to Federal Rule of Civil Procedure 26(b)(4)(E) made to date, each Party shall bear its own costs—including attorney’s fees—in connection with the Lawsuit. The Parties further agree that this Agreement shall not serve as the basis for an award of attorney’s fees pursuant to 42 U.S.C. § 1988.
PAYMENT AND CONSIDERATION. 3.1 The consideration for SPEM’s services, PGTC has agreed to a fee of *RME1 ;050,000 to be paid as US$ 160,198 on each of the 3 month and 6 month anniversaries from the date of acceptance of the system.
PAYMENT AND CONSIDERATION. 3.1 In consideration of the Vendor’s transfer of the Business to the Purchaser on the terms of this Agreement, the Purchaser shall pay to the Vendor the sum of £1,200,000 (British pounds sterling) on the Effective Date.
3.2 The Vendor and Purchaser agree that the payment referred to in Article 3.1 shall be apportioned as set out in Schedule 1.
PAYMENT AND CONSIDERATION. In consideration of the parties’ release and compromise set forth herein, and in full and final settlement of the any and all claims and causes of action that have been asserted or could have been asserted against either Party, the Parties agree to the following:
A. Simultaneous with the execution of this Agreement, RMHB shall issue Seventeen Million, Five Hundred thousand (17,500,000) shares of RMHB Common Stock (“the Common Stock”) to TWC or TWC’s affiliate assignee(s), as directed by TWC. The Common Stock;
i. RMHB represents and warrants that, as of the date of this Agreement, RMHB is not insolvent, RMHB is not considering declaring bankruptcy, and no creditor of RMHB or other party has threatened to institute involuntary bankruptcy or to ask a court to place RMHB into receivership or institute any similar proceedings against RMHB. RMHB further represents and warrants that it is not aware of any liabilities, claims or proceedings against RMHB or any of its parent or subsidiary entities (apart from the Dispute) that RMHB has not disclosed in its publicly-available SEC filings. RMHB further represents and warrants that its publicly-available SEC filings are true, accurate and complete, and do not omit any material adverse facts or liabilities to the best of RMHB’s knowledge. RMHB also represents and warrants that issuance of 17,500,000 shares of common stock to TWC will not result in TWC owning more than 9.9% of the total issued and outstanding shares of R▇▇▇.
B. In any lawsuit filed by RMHB against Berlin Packaging or any supplier of Berlin Packaging for claims relating to Berlin Packaging’s failure to provide the agreed upon 202,400 twelve (12) ounce can bodies and lids suitable on the can failure, RMHB agrees to pay TWC thirty percent (30%) of the net recovery, if any. RMHB also agrees to pay TWC 30% of any settlement with Berlin Packaging or any supplier of Berlin Packaging related to the Occurrence. RMHB is not obligated to file a suit against Berlin Packaging unless RMHB is able to agree to terms with a competent law firm that will agree to accept the case on a contingent fee basis, exclusive of litigation costs and expenses which RMHB will agree to pay. If RMHB is unable to secure representation under these terms, RMHB, at its sole option, work on a fee-based suit, and agrees to cooperate and work with TWC on joint participation on a fee-based lawsuit. TWC will have no obligation to pay for any attorney fees or costs of suit unless it agrees to do ...
PAYMENT AND CONSIDERATION. During the FY 2018-19, a party shall provide the services outlined in this Agreement in reliance on the other with the understanding that consideration is satisfied by the performance of said services. No monetary payment will be exchanged between the parties in satisfaction of this Agreement. YCSS is not responsible for any costs or fees associated with ESI services provided to School or its governing board.
PAYMENT AND CONSIDERATION. The parties further that, upon the execution of this Release:
(a) HSOA hereby transfers the CTRS Shares to H▇▇▇▇▇▇ and HOLDCO, as evidenced by its delivery of one or more stock certificates for such shares, together with a stock power executed in blank therefor.
(b) H▇▇▇▇▇▇ hereby transfers the H▇▇▇▇▇▇ Shares to HSOA, as evidenced by his delivery of one or more stock certificates for such shares, together with an executed stock power agreement.
(c) HOLDCO hereby transfers the HOLDCO Shares to HSOA, as evidenced by its delivery of one or more stock certificates for such shares, together with a stock power executed in blank therefor.
PAYMENT AND CONSIDERATION. A. At the express direction of ▇▇▇▇▇▇▇’▇ attorneys, and with ▇▇▇▇▇▇▇’▇ express approval, payment will be made by or on behalf of the Cities to the order of “▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and her attorneys ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, LLC” in the amount of ONE HUNDRED THOUSAND DOLLARS AND 00/100 ($100,000.00) (the “Settlement Amount”). The Settlement Amount is allocated as consideration for the release and discharge of ▇▇▇▇▇▇▇’▇ claims and potential claims set forth in Section 3 below, the full and final settlement of any and all claims including attorney’s fees against the Alpharetta Released Parties and Milton Released Parties set forth in Section 3 below, the covenant not to sue set forth in Section 7 below, the other
PAYMENT AND CONSIDERATION. 13 7.1. Pricing.....................................................13 7.2.
PAYMENT AND CONSIDERATION. Within thirty (30) days after YCSS invoices School, School shall pay YCSS the invoiced amount for all services provided under this Agreement not to exceed the following: $4500.00 for FY 2019-20. $4500.00 for FY 2020-21. $4500.00 for FY 2021-22.