Rate and Payment Sample Clauses

Rate and Payment. Payment of balance is due prior to final delivery. A finance charge of (8%) percent per month, not to exceed the maximum rate allowable by law, shall be applied each month to past due balances. A handling charge of $30.00 will be assessed for each returned check. All payments are not refundable and not available for future credit purposes.

Rate and Payment. The rate of interest payable on a Tranche B Loan Advance for each Interest Period shall be the rate per annum determined by the Facility Agent to be the aggregate of: (a) LIBOR; and (b) the Margin. Interest payable under this clause 11.6 shall be calculated on the basis of actual days elapsed (not counting within an Interest Period the last day of that Interest Period) and a year of 360 (three hundred and sixty) days, or otherwise as market convention dictates, and shall be paid on each Tranche B Loan Advance by the Borrower to the Tranche B Lenders in arrears on each Interest Payment Date in the currency applicable to that Tranche B Loan Advance.

Rate and Payment. From and after the date of issuance of a Series A-1 Preferred Unit, the record holder thereof (the “Holder”) shall be entitled to receive cash dividends, which shall be cumulative and shall accrue on the Base Amount of each Series A-1 Preferred Unit at the rate of eight percent (8%) per annum (accruing daily and compounding monthly until paid in full from the date of issuance of such Series A-1 Preferred Unit, whether or not declared, and subject to such rate increases as may be provided for herein) on the Base Amount (the “Series A-1 Mandatory Cumulative Dividends”), to the fullest extent permitted by applicable law; provided, however, that in lieu of paying such Series A-1 Mandatory Cumulative Dividends in cash on any one or more of the first eight (8) Dividend Payment Dates following the first date that any Series A-1 Preferred Units are issued by the Company, the Company shall have the option, at its sole and exclusive election, to pay all Series A-1 Mandatory Cumulative Dividends (including Series A-1 Mandatory Cumulative Dividends accruing on Series A-1 Preferred Units issued after such first date) by issuing a number of additional Series A-1 Preferred Units (or fraction thereof) to the Holders having a value equal to the Series A-1 Mandatory Cumulative Dividend payable to the Holders on such Dividend Payment Date (with each additional Series A-1 Preferred Unit so issued valued at the Original Issue Price, and with any fractional Series A-1 Preferred Unit so issued being proportionately valued). To the extent not paid in cash (including as a result of such dividend payment not being permitted by applicable law) or by issuance of additional Series A-1 Preferred Units, the Series A-1 Mandatory Cumulative Dividends on the Series A-1 Preferred Unit shall continue to accrue and compound whether or not declared. The Series A-1 Mandatory Cumulative Dividends shall be payable quarterly in arrears on each Dividend Payment Date, beginning, with respect to a Series A-1 Preferred Unit, with the first Dividend Payment Date following the date on which such Series A-1 Preferred Unit is issued; provided, that if any such day is not a Business Day, then payment of any dividend otherwise payable on that date will be made on the next succeeding day that is a Business Day (unless that day falls in the next calendar year, in which case payment of such dividend will occur on the immediately preceding Business Day), in each case, without any additional dividends accruing o...

Rate and Payment. In consideration for the license to the Licensed Know-How and Licensed Patent Rights granted by Dong-A pursuant to Section 2.1, NeuroBo shall pay to Dong-A during the Royalty Term the following percentages of Net Sales (as further modified by Sections 8.3(b), 8.3(c), 8.3(d) and 8.8) for each Licensed Product (the “Royalty” and collectively “Royalties”): All Royalties shall be paid in accordance with Section 8.5 by NeuroBo to Dong-A on a calendar quarter basis within thirty (30) days after the completion of each such calendar quarter.

Rate and Payment. 3.1 The Contractor shall submit to TRC a tax invoice fortnightly in line with TRC’s Contractor payment cycle (as amended from time to time) stating the Contractor’s ABN for the hours recorded in the timesheets at the rate specified in the Schedule and the payments on the tax invoice shall be GST inclusive but must show the amount of GST. 3.2 TRC will pay the Contractor in accordance with the payment cycle for the hours recorded in the timesheets at the rate specified in the Schedule (the “Fee”). The Fee is exclusive of GST. 3.3 The Contractor will be paid the Fee for providing the Services for the number of days or hours recorded on the timesheets provided to the Contractor by TRC and approved by the Client and in accordance with the pay cycle specified in the Schedule. 3.4 The Contractor agrees that payment of the Fee constitutes full payment for the provision of the services in accordance with the invoice. 3.5 The Contractor will provide to TRC evidence of all payments to the Contractor’s Nominee of any statutory or legal entitlements due to the Contractor’s Nominee should TRC request such evidence during or after the operation of this agreement. The Contractor will indemnify TRC in respect of any statutory entitlements due to the Contractor’s Nominee and the legal costs of commencing or defending any claim relating to the Contractor’s Nominees’ statutory entitlements. 3.6 The Contractor will be responsible for all payments in relation to income tax, withholding taxes, indemnified taxes, group tax deductions and other taxes or levies and all other payments including superannuation in respect of the Contractor’s Nominee. The Contractor shall, if called upon by TRC, provide to TRC a declaration in the form prescribed by law stating that all such statutes and legal entitlements have been paid by the Contractor to the Contractor’s Nominee. TRC may withhold payment if such declaration is not provided. 3.7 The Contractor shall indemnify TRC in respect of any claims made against TRC by the Contractor’s Nominee who performs work on behalf of the Contractor in accordance with this Agreement. Such indemnities shall include any legal costs and shall continue after this Agreement comes to an end. 3.8 The Contractor will ensure that the Contractor’s Nominee will do all things necessary to fulfil the Contractor’s obligations under this agreement. 3.9 TRC will be solely liable for paying payroll tax on the payments to the Contractor. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...

Rate and Payment. A. BROKER shall invoice SHIPPER for its services in accordance with the rates, charges and provisions set forth. Rail rates and charges are subject to arbitrary changes at the same rate of change by the railroad when supporting documentation is provided to the SHIPPER. All other rate and accessorial charge modifications must be mutually agreed upon and confirmed in writing by the Parties. If rates are negotiated between the PARTIES and not otherwise confirmed in writing, such rates shall be considered “written,” and shall be binding, upon BROKER’s invoice to SHIPPER and SHIPPER’s payment to BROKER. B. Rates and charges for traffic moved under this AGREEMENT shall be as agreed to between the parties hereto in writing and are to be contained in a rate schedule or memorandum of rates and charges prepared and issued by BROKER and acknowledge by SHIPPER. Changes to this schedule or memorandum shall also be made in writing on mutually agreed notice time, and similarly acknowledged. This schedule shall also contain the conditions of, and charges for, any additional or accessorial services which may be required or performed. C. SHIPPER agrees to pay BROKER for the transportation authorized commodities under this agreement in accordance with effective schedules within fifteen to twenty (15-20) days of the receipt by SHIPPER of BROKER’s invoice covering such transportation and proof of delivery documents. D. Discounts of freight invoice charges will not be permitted. The BROKER reserves the right to assess a service charge of 1% for each invoice for each twenty (20) day period the freight invoice is not paid within the above schedule.

Rate and Payment. Licensee shall pay to Licensor an amount (the "License and Services Fee") calculated as twenty percent (20%) of Licensee's Gross Revenue; provided that, if Licensee, by notice to Licensor as provided in Section 10.2, assumes Licensor's obligations to perform the Services, the License and Services Fee will be calculated as five percent (5%) of Licensee's Gross Revenues, commencing with the Gross Revenues collected on and after the first day of the sixth (6e) month after the date of Licensee's notice to Licensor. As used herein, "Gross Revenue" means total revenue recognized, as applicable, by Licensee or its Affiliates in accordance with generally accepted accounting principles for and actually received by the Licensee and its Affiliates from the following: all sources, including collections from retailers on account of customerso orders and payments received from advertisers, concessions and sublicensees, and excluding only amounts refunded by Licensee or credited against Licensee's right to any future payment in the nature of a return. During the Term, Licensee shall pay the License and Services Fee for each calendar quarter, on or before the fifteenth day of the month following the end of the quarter, which payment will be accompanied by a statement by an officer of Licensee certifying the accuracy of the amount of Gross Revenues and any deductions therefrom for the quarter for which the payment is made.

Rate and Payment. Interest shall accrue at a rate per annum equal to 10% payable in immediately available funds and 1.65% payable by delivery of a promissory note in

Rate and Payment. The holders of record of shares of the Series A Preferred Stock, when and as declared by the Board of Directors out of any assets legally available therefor, shall be entitled to receive cumulative dividends at the rate per annum and per share equal to the Accrual Rate (as defined below) of the stated value per share of the Series A Preferred Stock. Such dividends shall be payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year ("Dividend Payment Dates") commencing January 1, 1998, until the earlier to occur of (i) the date of any conversion, exchange or redemption of the Series A Preferred Stock (but only with respect to those shares of Series A Preferred Stock so converted, exchanged or redeemed) or (ii) October 24, 2004 (the "Maturity Date"). Dividends on outstanding Series A Preferred Stock shall accrue from the date of original issuance of such Series A Preferred Stock. If the holders of record of shares of the Series A Preferred Stock do not receive on a Dividend Payment Date the full dividends provided for above, such dividends shall cumulate, whether or not earned or declared. Whenever, at any time or times, cash dividends shall be in arrears in an amount equal to six (6) full consecutive quarterly dividends, accrued and unpaid dividends shall be compounded quar-