Payment Method and Timing Clause Samples

Payment Method and Timing. The Parties agree that all payments due under this Settlement Agreement shall be payable via either a check, due within ten days of the Effective Date, or by a wire transfer. Should Oatey elect to remit its payment via a wire transfer, the Parties further agree that such transfer shall be initiated within ten (10) days of the Effective Date or the date upon which 0RRUH¶V FRXQVHO SURYLGHV 2DWH\¶V FRXQVHO ZLWK DQ HPDLO FRQWDLQLQJ ZLUH WUDQVIHU LQVWUXFWLRQV.

Payment Method and Timing. Accounts may be paid by electronic bank draft, money order, check, or credit card. Your MTE account will be considered delinquent if payment is rejected for any reason or if any unpaid balance remains on the account. Payment terms including due date and late payment policy are as set forth in the Additional Fee Statement. Payment is in advance of Services delivery for that month.

Payment Method and Timing. 4.1 Both parties agree that the net-asset part of the consideration to the equity interest shall be 20,000,000 RMB in cash (If the net assets are valued less than 20,000,000 RMB, the amount of cash payable shall be reduced to the amount calculated in the audit report). The excess of the net assets of 20,000,000 RMB, as well as the part of brand and trademark shall be completely paid by means of the common stock. The cash is used as the working capital of the target company. 50% of the cash shall be reimbursed to the Transferor upon one year after the date of the Complementary Agreement; and after two years, the remaining balance shall be paid off. 4.1.1 Of the consideration to the equity interest, both the stock payment and the net-asset remaining sum are paid completely by the common stock. The Transferee assures that after one year, 50% of the stock shall be transferable. Two years later, the stock shall all go public (with dealing with the legal procedures and the notarization procedure). The stock price is that when this agreement is signed, it is the average price of the Listed Company’s market prices in the immediate 30 trading days proceeding to the date of the Complementary Agreement. (If the stock price is lower than the above mentioned price a year later when the stock goes public, the Transferee agrees to make up the fixed price when the agreement is signed). The transfer will be completed within 180 days after the agreement is signed. 4.2 Both the parties agree that the payment shall be scheduled as follows: The auditing of the target company starts within 10 days after the agreement is signed. Within 5 working days after the report of audit is finished, the Transferee’s board of directors will decide whether it approves the report or not depending on the reported results. Within 2 months after the Transferee’s board of directors approves the report, the Transferee has to pay the transfer sum according to the provision 4. 1. Of the price paid by means of stock, the payment time is subject to the provision 4. 4.3 After the Transferor receives the consideration stipulated in the above provision 4.1, both the parties shall immediately make the registration of the change of shareholder’s right at the industry and commerce institution within 5 working days. 4.4 Both parties hereby confirm that the Transferor has not received the consideration of the agreement from the Transferee, even if the transfer related to the target stockholder's rights has ob...

Payment Method and Timing. We will email you when a new bill is available to view. You will need to pay for all charges within 14 days of the date of your bill. We ask that you pay by direct debit. Where VAT applies it will be included in the charges unless otherwise stated. Call Flow does not accept cheques as a method of payment.