Payments and Obligations Sample Clauses

Payments and Obligations. 5.1 The account holder can view his transaction history through the online banking services provided by the bank. If there is any objection to any transaction, the account holder must notify the bank within 30 days from the date of the account statement. The bank shall charge a fee for each claim submitted by the customer to the bank objecting any transaction if it is proved to the bank that the objection is not valid. 5.2 The account holder will be responsible for all obligations when dealing online with the card, and the bank will not guarantee the legality or fact of the existence of the online store used through on line network. 5.3 Account Holder’s funds will be accessible to all Supplementary Cardholders. The Primary Account Holder may set limits on the Supplementary Cardholder’s usage of the available funds at any time and at the Bank’s discretion and within the allowed limits approved by the bank, based on the total available funds at any one time on the primary account 5.4 If it is proven that the card holder and/or the account holder is engaged in any fraudulent behaviors relating to the disputed transactions, and if the card holder refuses to provide relevant necessary materials and documents for the investigation of the disputed transaction, the bank shall have no liability for the disputed transactions, as the bank deems necessary for this, the bank will not assume any responsibility for the disputed transactions, and the bank shall have the right to claim from the account holder any sums, losses or expenses incurred by the bank to verify or attempt to verify the validity of any disputed transactions.

Payments and Obligations. The Borrowers shall make all payments of principal, interest and other charges as and when due under the Debentures, shall timely make all payments of any other monetary Obligations, shall perform or comply with, as the case may be, all of the other Obligations, and shall perform and comply in all respects with all applicable terms, conditions and covenants of all this Agreement and the other Investment Documents.

Payments and Obligations. If monies are received by any Party hereto that, under the terms of this Article X, belong to another Party, the same shall immediately be paid over to the proper Party. If an invoice or other evidence of an obligation is received that under the terms of this Article X is partially the obligation of Seller and partially the obligation of Buyer, then the Parties shall consult each other and each shall promptly pay its portion of such obligation to the obligee.

Payments and Obligations. Each Party commits to remit payment resulting from obligations to members or providers within the payment terms and conditions agreed to in the relevant written agreement or contract. Where such an agreement or contract does not specify payment terms and conditions, Parties agree to remit payment based on the lesser of the payment term included on the payment request or their state’s standard business processes. Parties agree to submit fair, equitable and substantiated reimbursement and payment requests to other members for costs related to products, services, or other resources incurred or provided by themselves for the benefit of other members. Parties accept that a written agreement must exist between members before any request for reimbursement or payment can be requested or occur. Each Party agrees to maintain a ledger with an accompanying aging maintained at the transaction level which tracks the payment and remittance performance of all transactions between the Party and each member and provider and further agrees to provide a copy to the FEB and PMO at least monthly. As a result, each Party recognizes that delays in payments or non-payment on the part of the member will have an adverse impact on other members and providers and their ability to continue providing the products, services, or resources they provide to the Consortium and, therefore, agrees that as a consequence, they may be considered in breach and subject to Withdrawal or Removal per Section 7.4, or may have services withheld by providers and may be responsible to both the providers and other members for any associated costs related to services rendered as outlined in the project contract/agreement terms or invoice. Parties agree that all outstanding liabilities attributable to their participation in the Consortium at the time of their withdrawal or removal from the Consortium will be their responsibility and not that of other Consortium members. Such outstanding liabilities would be determined as a result of a financial reconciliation prepared jointly by the PMO and FEB and provided to the CEC for their review and approval.

Payments and Obligations. Any payment by a Marathon Indemnified Person or an Ashland Indemnified Person as guarantor or obligor pursuant to the terms of any Guarantee or other obligation specified in Section 7.1 and Section 7.2, any payment by USX as guarantor or obligor pursuant to the terms of any Guarantee or other obligation specified in Section 3.5 of the Parent Agreement or any payment by Marathon or Ashland (i) pursuant to the terms of any Guarantee or other obligation entered into between the date hereof and Closing with the consent of the other party hereto, (ii) pursuant to the terms of any Contract that is included in the Marathon Transferred Assets or the Ashland Transferred Assets under which Marathon, a Marathon Transferring Entity, Ashland or an Ashland Transferring Entity, as the case may be, remains liable, in each case, to the extent such payment obligation arises from the conduct of the Company’s Business after the Closing, or (iii) pursuant to the terms of any new contract or any amendment of an existing contract that relates to the Marathon Transferred Assets or the Ashland Transferred Assets under which Marathon, a Marathon Transferring Entity, Ashland or an Ashland Transferring entity becomes or remains liable, in each case, to the extent such payment obligation arises from the conduct of the Company’s Business after the Closing and including all Losses incurred by Marathon, USX or Ashland in connection with any Third Party Claims relating to such Guarantees and other obligations.” 8. Section 9.8 (j) of the Agreement is amended to read as follows:

Payments and Obligations. Payments hereunder shall be made addressed to the recipient at the addresses of the recipient parties provided on the first page of this Agreement or such other address or individual as may be designated by notice by the recipient party in accordance with section 7. 1. If any payment or other obligation herein becomes due on a day that is not a Business Day, such payment or obligation shall be made or satisfied on the next succeeding Business Day.

Payments and Obligations. In order to maintain the Option in good standing and to earn the interest in the Underlying Agreements, Property, and herein provided, the Optionee must duly complete the following: (a) the Optionee must pay to CSCUSA an aggregate of US$1,011,340 on the following schedule (collectively, the “Payments”): (i) US$12,350 on or before June 17, 2014. For greater certainty, by entering into this Agreement, the Optionee agrees to pay the US$12,350 and such payment is a firm commitment and is not optional or refundable under any circumstance, including, without limitation, if this Agreement is terminated pursuant to the terms hereof; and (ii) Optionee will have until November 21, 2014 to pay US$950,000 (the “Second Payment”) and, for greater certainty, the payment of the Second Payment in such circumstance is to be at the option of the Optionee at its sole discretion; and (iii) US$48,990 in consideration for all mining claim maintenance, rental fees, property and other taxes, and other payments that were otherwise due prior to June 17, 2014 to the appropriate government agency or agencies including without limitation the United States Bureau of Land Management and ▇▇▇▇▇▇ County, New Mexico in order to keep the Property or the Water Rights and Appurtenances in good standing. Optionee shall make such payment either (i) upon exercise of the Option; or (ii) no later than November 21, 2014. For greater certainty, such payment is a firm commitment and is not optional or refundable under any circumstance, including, without limitation, if this Agreement is terminated pursuant to the terms hereof. (b) the Optionee must pay to CSCUSA (collectively, the “Obligations”) the following amounts (and for greater certainty, if such amounts have been already paid by CSCUSA on behalf of the Optionee, the Optionee shall reimburse such amounts to CSCUSA after receiving evidence of payment thereof) either (i) upon exercise of the Option; or (ii) no later than November 21, 2014, which Obligations are exclusive of Payments and will not be credited as Payments hereunder (save and except for a one- time credit in favour of the Optionee in the amount of US$2,350 which shall be deducted from the aggregate of such payments due in connection with the Obligations defined hereunder), and are not optional or refundable under any circumstance, including, without limitation, if this Agreement is terminated pursuant to the terms hereof: (i) all mining claim maintenance, rental fees, property and othe...

Payments and Obligations. (a) If Buyer receives any payment relating to Excluded Assets, then Buyer promptly shall forward such payment to Seller; and if Seller receives any payment relating to the Purchased Assets, then Seller promptly shall forward such payment to Buyer. (b) If Buyer receives bills or other demands for payment or performance relating to Excluded Liabilities, then Buyer will promptly forward such bills and demands to Seller, and Seller shall pay or perform such obligations when due. If Seller receives bills or other demands for payment or performance relating to Assumed Liabilities, then Seller promptly will forward such bills and demands to Buyer, and Buyer shall pay or perform such obligations when due.

Payments and Obligations. If monies are received by any party hereto which, under the terms of this Article X, belong to another party, the same shall immediately be paid over to the proper party. If an invoice or other evidence of an obligation is received which under the terms of this Article X is partially the obligation of Sellers and partially the obligation of Buyer, then the parties shall consult each other and each shall promptly pay its portion of such obligation to the obligee. The representations, warranties, covenants and agreements made herein, in any Related Agreement or in any other certificate or document delivered in connection herewith shall be and remain in full force and effect notwithstanding any investigation made by or disclosure made to any party hereto, whether before or after the date hereof, and shall survive the execution and delivery of this Agreement and the Closing.