Remittance Clause Samples
The Remittance clause defines the procedures and obligations related to the transfer of payments from one party to another under the agreement. It typically specifies the timing, method, and currency of payments, as well as any required documentation or reference information to accompany the remittance. For example, it may require payments to be made via wire transfer within a certain number of days after invoice receipt. The core function of this clause is to ensure clarity and predictability in the payment process, reducing the risk of disputes or delays related to financial transactions.
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Remittance. The dues and other authorized deductions shall be remitted by the University to the UFF State Office on a biweekly basis within thirty (30) days following the end of the pay period. Accompanying each remittance shall be a list of the employees from whose salaries such deductions were made and the amounts deducted. This list shall be provided in machine-readable form.
Remittance. The Employer shall remit such membership dues and fair share fees deductions made pursuant to the provisions of this section to the appropriate designated officer of the Union within fifteen (15) calendar days of the date of the deduction along with a list of the names of the employees from whose wages deductions were made and not made.
Remittance. (a) The Board shall remit dues and other authorized deductions to the UFF State Office on a biweekly basis within thirty (30) days following the end of the pay period.
(b) Accompanying each remittance shall be a list containing the following information:
(1) Names and department of the faculty from whose salaries the Board has made such deductions;
(2) Bi-weekly salary of each faculty member and
Remittance. Checks are to be made payable to The Regents of the University of California and sent to the address set forth in Exhibit A.
Remittance. Lessee shall remit to Lessor or Lessor's nominee, simultaneously with the termination of this Lease, all funds remaining, if any, after payment of all accrued Gross Operating Expenses, and other amounts due Lessee and after deducting the costs of any scheduled repair, replacement, or refurbishment of Furniture and Equipment with respect to which deposits have been made.
Remittance. The deductions and a list containing the names, social security numbers, and amount deducted from the teachers' checks for whom the deductions are made, will be forwarded to the Union within five days after the last working day of the month.
Remittance. The dues deducted shall be remitted by the University to the UFF- USF-GAU within thirty (30) days following the end of the pay period. Accompanying each remittance shall be a list of the employees from whose salaries such deductions were made and the amounts deducted.
Remittance. (a) All royalties and milestone payments required under this Section 4 shall be payable in full in the United States in United States Dollars, regardless of the countries in which sales are made. For the purpose of computing Net Sales for which a currency other than United States Dollars is received, such currency shall be converted into United States Dollars at the simple average of all Mondays' exchange rate for buying United States Dollars set forth in THE WALL STREET JOURNAL for the calendar quarter in which such sales were made.
(b) In the event that any payment due NeoGenesis under this Agreement is not made when due, the amount due shall accrue interest beginning on the thirtieth (30th) day following the final date on which such payment was due, calculated at the annual rate equal to two percent (2%) above the prime interest rate reported in the WALL STREET JOURNAL for the due date, calculated from the due date until paid in full. Such payment when made shall be accompanied by all interest so accrued. Said interest and the payment and acceptance thereof shall not negate or waive the right of NeoGenesis to any other remedy, legal or equitable, to which it may be entitled because of the delinquency of the payment.
(c) If at any time legal restrictions within any country in the Territory prevent the conversion of the local currency and such currency cannot be removed from such country such that prompt remittance by Mitsubishi of any royalties owed by Mitsubishi to NeoGenesis in respect of sales in such country is prevented, Mitsubishi shall use its best efforts to make payment through any lawful means or methods that may be available as Mitsubishi shall reasonably determine. If royalties in any country cannot be remitted within three (3) months after the end of the relevant royalty period then Mitsubishi shall pay NeoGenesis in the local currency of such country by deposit of the relevant royalties sin a bank account in such country designated by NeoGenesis.
Remittance. The Employer shall remit such membership dues made pursuant to the provisions of this section to the appropriate designated officer of the Union by the 15th of the month following the month of the deduction along with a list of the names of the employees from whose wage deductions were made and not made.
Remittance. All loan payments shall be made payable to the Colorado Department of Transportation, and sent to the Lender’s accounting branch at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, or to such other place or person as may be designated by the Lender in writing.