Remittance Dates Clause Samples

The Remittance Dates clause defines the specific dates on which payments or funds must be transferred from one party to another under the agreement. Typically, this clause outlines a schedule—such as monthly, quarterly, or upon completion of certain milestones—by which payments are due, and may specify the method and recipient of the remittance. Its core practical function is to ensure both parties have a clear understanding of when payments are expected, thereby reducing the risk of late payments and potential disputes over timing.
Remittance Dates. On or prior to the Remittance Date for any Distribution Date, the Servicer shall remit the Remittance Amount for such Distribution Date to the Trustee, from and to the extent of the funds in the Certificate Account, plus all required P&I Advances, by wire transfer or otherwise, in immediately available funds, for deposit into the Distribution Account. If the Certificate Account is maintained by the Trustee, on each Remittance Date, the Servicer shall notify the Trustee as to the amount of the related Remittance Amount and the amount of all required P&I Advances to be covered by investment earnings on the Certificate Account, and the Trustee shall transfer such amount from the Certificate Account to the Distribution Account on the related Distribution Date. In such event, the Servicer shall still remit any P&I Advances not covered by investment earnings on the Certificate Account to the Trustee for deposit into the Distribution Account on the Remittance Date. Notwithstanding the foregoing, if a Terminating Purchase is to be made on such Distribution Date, and the Servicer shall have received the Termination Price or shall be the Terminator, the Servicer shall remit the Termination Price rather than the Remittance Amount to the Trustee for deposit into the Distribution Account.
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Remittance Dates. On or prior to the Remittance Date for any Distribution Date, the Servicer shall remit the Remittance Amount for such Distribution Date, from and to the extent of the funds in the Certificate Account, plus all required P&I Advances, by wire transfer or otherwise, in immediately available funds, for distribution in accordance with Section 4.
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Remittance Dates. Verizon Wireless shall pay the above fees as follows: 1. The Annual Fee shall be due and owing on the date Verizon Wireless files its acceptance in accordance with Section 17, and on that same date every calendar year thereafter. 2. The Right-of-Way Fee shall be due and owing on the date Verizon Wireless files its acceptance in accordance with Section 17, and on the same date every calendar year thereafter, provided that the Right-of-Way fee for Facilities that are installed after the Right-of-Way Fee has been paid for a calendar year, shall include the pro-rated payment plus the next calendar year’s payment. 3. The Installation and Application Fee shall be due and owing when plans are submitted to the City for approval. 4. The Previous Occupancy Fee shall be due and owing on the date Verizon Wireless files its acceptance in accordance with Section 17.
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Remittance Dates a. Uplift Charges b. Billed c. Actual Payments Received d. Remittance Shortfall for this Collection (if c<b, then c-b) e. Excess Remittance for this Collection (if c>b, then c-b) $ $ $ $ $
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Remittance Dates. ALL SUMS SO DEDUCTED SHALL BE REMITTED TO THE SECRETARY-TREASURER OF LOCAL UNION 724 NO LATER THAN ONE (1) WEEK AFTER SUCH DEDUCTIONS ARE MADE.
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Related to Remittance Dates

  • Remittance Date The 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of any month.

  • Due Dates If the payment due date falls on a Sunday or on a holiday that is observed on a Monday, the payment due date shall be the first non-holiday day following such Sunday or holiday. If the payment due date falls on a Saturday or on a holiday which is observed on Tuesday, Wednesday, Thursday, or Friday, the payment due date shall be the last non-holiday day preceding such Saturday or holiday. If payment is not received by the payment due date, a late payment charge, as set forth in Section 1.4.1.2, below, shall apply.

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.

  • Payment Due Dates Whenever any payment hereunder shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or facility fee, as the case may be; provided, however, that if such extension would cause payment of interest on or principal of LIBO Rate Advances or Floating Rate Bid Advances to be made in the next following calendar month, such payment shall be made on the immediately preceding Business Day.

  • Payment Dates Whenever any payment or other obligation hereunder shall be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.