Payment by Due Date Clause Samples

The 'Payment by Due Date' clause requires that all payments owed under the agreement must be made on or before a specified deadline. In practice, this means that invoices or other payment requests must be settled by the date outlined in the contract, and failure to do so may result in penalties, interest, or other consequences. This clause ensures timely payment, helping to maintain cash flow and reduce disputes over late payments.
Payment by Due Date. By no later than the Due Date for each Supply Period, the Member shall pay the accumulated Member’s Obligations relating to the Livestock Supply Forms, Promissory Notes, Equity Loans and Equity Loan Promissory Notes for that Supply Period. The Member may do so by purchasing all Livestock supplied during the Supply Period, and/or by selling these Livestock on behalf of the Association in accordance with clauses 4.1, 4.2 and/or 4.4 of this Agreement. The Member shall remain liable for the Member’s Obligations not paid as a result of these purchases and/or sales. The following illustration is one example of the operation of these provisions: Supply Period #1 First Supply Form Second Supply Form Third Supply Form Due Date Supply Period #2 First Supply Form Second Supply Form Equity Loan Due Date
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Payment by Due Date. The Hirer must pay all invoices on the dates indicated and where the Hirer fails to pay all amounts on time, the Council may cancel the Hirer’s booking and this Agreement in which case clause 18.1 will apply as if the Hirer had cancelled the Event. This is based on a genuine pre-estimate of loss to the Council as the Council may not be able to replace the ▇▇▇▇▇’s booking at the same or any other price and all or some of the Services may have already been arranged.
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Payment by Due Date. The Hirer must pay all invoices when they are payable and where the Hirer fails to pay an invoice due the Venue Operator may cancel the Hirer’s booking and this Agreement and reserves the right to refuse any subsequent bookings that the Hirer may request.
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Payment by Due Date. The Hirer must pay all amounts due under this Agreement in full and cleared funds without deduction or set off in the manner required by the Venue on the dates specified in the Venue Hire Agreement or otherwise on invoice issued by the Venue.
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Payment by Due Date. The Hirer must pay all amounts due under the Agreement.
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Related to Payment by Due Date

  • Default Payment Following the occurrence and during the continuance of an Event of Default, the Holder, at its option, may demand repayment in full of all obligations and liabilities owing by Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement and/or may elect, in addition to all rights and remedies of the Holder under the Purchase Agreement and the other Related Agreements and all obligations and liabilities of the Company under the Purchase Agreement and the other Related Agreements, to require the Company to make a Default Payment (“Default Payment”). The Default Payment shall be 130% of the outstanding principal amount of the Note, plus accrued but unpaid interest, all other fees then remaining unpaid, and all other amounts payable hereunder. The Default Payment shall be applied first to any fees due and payable to the Holder pursuant to this Note, the Purchase Agreement, and/or the other Related Agreements, then to accrued and unpaid interest due on this Note and then to the outstanding principal balance of this Note. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to this Section 2.3.

  • Payment Due Date Unless City notifies the Contractor that a dispute exists, Payment shall be made within [Enter number of days, generally ≥ 30] calendar days, measured from (1) the delivery of goods and/or the rendering of services or (2) the date of receipt of the invoice, whichever is later. Payment is deemed to be made on the date on which City has issued a check to Contractor or, if Contractor has agreed to electronic payment, the date on which City has posted electronic payment to Contractor.

  • Due Date All fees contemplated under Section 3(a) above and reimbursement for all expenses contemplated under Section 3(b) above are due and payable within ten (10) days of receipt of an invoice provided by GFS. Any fees or reimbursements due hereunder not received by its due date may be assessed interest at the maximum amount permitted by law.

  • Payments on Early Termination For the purpose of Section 6(e) of this Agreement: (i) Market Quotation will apply. (ii) The Second Method will apply.

  • Thirty Day Payments Upon receipt of a billing statement that complies with all invoice requirements set forth in this Article, the State shall make a good faith effort to pay the amount which is due and payable within thirty