Payment Commitment Clause Samples

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Payment Commitment. We agree to sponsor the following student: student ID#: in the amount of $ for the following term at Gateway Seminary.
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Payment Commitment. The New Vehicle Swing Line Lender is authorized to make New Vehicle Swing Line Loans for the account of the Borrowers directly to certain individual manufacturers or distributors that provide New Vehicles to the Borrowers, in accordance with the terms and conditions of the respective Payment Commitment agreed to between the New Vehicle Swing Line Lender and each such manufacturer or distributor. Each New Vehicle Swing Line Loan made pursuant to a Payment Commitment shall be a Eurodollar Rate Loan at the time of such Borrowing, but may be converted to a Base Rate Loan in accordance with the terms of this Agreement. The Borrowers shall remain jointly and severally liable to the New Vehicle Swing Line Lender for all payments made to a manufacturer or distributor pursuant to a Payment Commitment.
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Payment Commitment. KBI irrevocably commits itself to pay to ALCATEL the price of the EQUIPMENT ordered by KBI under the INDENT 20, as expressed in Article 2.2 of this AGREEMENT. All such payments will be made in EURO.
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Payment Commitment. In consideration of the payment by Management Company to UNC of Six Hundred Sixty-Three Thousand ($663,000.00) Dollars (hereinafter referred to as the “Right to Manage Fee”) and the considerable investment of time and resources in LLC expected by Management Company, LLC grants to Management Company the exclusive right to provide the Business Services to LLC; provided, however, that nothing in this Agreement shall prohibit the System or any of its affiliates from providing services to LLC, upon approval by Management Company, such approval not to be unreasonably withheld.
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Payment Commitment. USD Marketing shall make a minimum monthly guaranteed payment to USD for each calendar month in the amount of [***] per month per month (the “Minimum Monthly Payment”). The Minimum Monthly Payment shall be paid by USD Marketing by wire transfer to an account(s) designated by USD in advance prior to the first day of each month. The Minimum Monthly Payment shall be payable without abatement, reduction, setoff, counterclaim, defense or offset.
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Payment Commitment. Peregrine will pay Motive royalty fees, as outlined in this Schedule, at the minimum of: Year Minimum Payment Amount ---- ---------------------- [*] [*]
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Payment Commitment. BOZRAH shall take and pay for all capacity and energy which is furnished to BOZRAH pursuant to this Contract. Payments for such capacity and energy shall be made pursuant to the charges established in accordance with the provisions of Section 2.1 (Full-Requirements Contract), Section 3 (Rates and Charges) and Section 6 (Billing) of this Contract.
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Payment Commitment. The Bank is authorized to make Advances on the Borrower's behalf directly to individual manufacturers or distributors of Vehicles listed above, in accordance with the terms and conditions of the Payment Commitment agreed to between the Bank and each manufacturer or distributor. The Bank may revise, terminate or suspend a Payment Commitment at any time by giving written notice to the manufacturer or distributor. The Borrower shall remain liable to the Bank for all payments made to a manufacturer or distributor pursuant to a Payment Commitment.
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Related to Payment Commitment

  • Investment Commitment The undersigned's overall commitment to investments which are not readily marketable is not disproportionate to the undersigned's net worth, and an investment in the Shares will not cause such overall commitment to become excessive.

  • Loan Commitment Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Company herein set forth, the Lender hereby agrees to lend to the Company on the Closing Date and thereafter up to $209,900,000 in the aggregate (the "Loan") consisting of $104,950,000 of 7-year Tranche advances and $104,950,000 of 10-year Tranche advances. The Lender's commitment to make the Loan to the Company pursuant to this Section 2.1 is herein called the "Loan Commitment."

  • Commitment Within 20 days after the Title Company receives a copy of this contract, Seller shall furnish to Buyer a commitment for title insurance (Commitment) and, at Buyer's expense, legible copies of restrictive covenants and documents evidencing exceptions in the Commitment (Exception Documents) other than the standard printed exceptions. Seller authorizes the Title Company to deliver the Commitment and Exception Documents to Buyer at Buyer's address shown in Paragraph 21. If the Commitment and Exception Documents are not delivered to Buyer within the specified time, the time for delivery will be automatically extended up to 15 days or 3 days before the Closing Date, whichever is earlier. If the Commitment and Exception Documents are not delivered within the time required, Buyer may terminate this contract and the ▇▇▇▇▇▇▇ money will be refunded to Buyer.

  • Revolving Loan Commitment Each Lender with a Revolving Loan Commitment agrees to make loans on a revolving basis (“Revolving Loans”) from time to time until the Termination Date in such Lender’s Pro Rata Share of such aggregate amounts as the Company may request from all Lenders; provided that the Revolving Outstandings will not at any time exceed Revolving Loan Availability.

  • Term Loan Commitment As to each Term Loan Lender, the amount equal to such Term Loan Lender’s Term Loan Commitment Percentage of the aggregate principal amount of the Term Loans from time to time outstanding to the Borrower.