Payment to be made in full Sample Clauses
The 'Payment to be made in full' clause requires that all payments owed under the agreement must be paid in their entirety, without deductions or partial payments. In practice, this means the paying party cannot withhold any portion of the amount due for reasons such as disputes, set-offs, or counterclaims, and must remit the total sum as specified by the contract. This clause ensures that the receiving party obtains the full agreed-upon compensation, thereby reducing the risk of underpayment and providing financial certainty.
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Payment to be made in full. You must pay us all sums due under this agreement in full without any deduction or withholding (whether in respect of set off, counterclaim, taxes, charges or otherwise) unless the deduction or withholding is required by law. If a deduction or withholding is required by law, you must immediately pay us an additional amount so that we receive an amount equal to the full amount which we would have received had no such deduction or withholding been made; and you must furnish us an official receipt of the relevant authority involved for all amounts so deducted or withheld.
Payment to be made in full. All sums due under this agreement shall be paid in full by you and/or the business member without any deduction or with holding (whether in respect of set off, counterclaim, taxes, charges or otherwise) unless the deduction or with holding is required by law. If a deduction or with holding is required by law, you and/or the business member must immediately pay us an additional amount so that we receive an amount equal to the full amount which we would have received had no such deduction or with holding been made; and you and/or the business member must furnish us an official receipt of the relevant authority involved for all amounts so deducted or withheld.
Payment to be made in full. The Corporate Account Holder must pay to the Bank all sums due under this Agreement in full without any deduction or withholding (whether in respect of set off, counterclaim, taxes, charges or otherwise) unless the deduction or withholding is required by law. If a deduction or withholding is required by law, the Corporate Account Holder must immediately pay to the Bank an additional amount so that the Bank receives an amount equal to the full amount which the Bank would have received had no such deduction or withholding been made; and the Corporate Account Holder must furnish the Bank with the original official receipt of the relevant authority involved for all amounts so deducted or withheld. currency other than Brunei dollars, the Bank will convert it to Brunei dollars at such time and rate of exchange as the Bank may, in its absolute discretion adopt in accordance with the Bank’s usual practice. The Corporate Account Holder must bear all exchange risks, losses, commission, fees and charges which may thereby arise and shall indemnify the Bank against all such exchange, risks, losses, commission, fees and charges.