Requirement to make a payment Sample Clauses

The 'Requirement to make a payment' clause establishes the obligation of one party to pay a specified amount to another party under certain conditions outlined in the agreement. This clause typically details when payments are due, the method of payment, and any consequences for late or missed payments, such as interest charges or penalties. Its core practical function is to ensure clarity and enforceability regarding financial transactions between the parties, reducing the risk of disputes over payment terms.
Requirement to make a payment. British Columbia may withhold a Revenue Sharing Contribution it would otherwise be required to make until Skwlāx te Secwepemcúl̓ecw (or its Designate, as the case may be) has met the requirements set out in section
View Source
Requirement to make a payment. British Columbia may withhold a Revenue Sharing Contribution until Cowichan Tribes (or its Designate, as the case may be) has met the requirements set out in section 4.4.
View Source
Requirement to make a payment. British Columbia may withhold a Revenue Sharing Contribution it would otherwise be required to make until ▇▇▇▇▇ Lake Indian Band (or its Designate, as the case may be) has met the requirements set out in section
View Source
Requirement to make a payment. British Columbia may withhold a Revenue Sharing Contribution it would otherwise be required to make until Whispering Pines / Clinton Indian Band (or its Designate, as the case may be) has met the requirements set out in section
View Source
Requirement to make a payment. British Columbia may withhold a Revenue Sharing Contribution it would otherwise be required to make until Yale First Nation (or its Designate, as the case may be) has met the requirements set out in section 4.4.
View Source

Related to Requirement to make a payment

  • OBLIGATION TO REMIT SUBSEQUENT PAYMENTS AND FORWARD COMMUNICATIONS (A) Any payment received by SLM ECFC with respect to amounts accrued after the date of the related ▇▇▇▇ of Sale for any Purchased Loan sold to Funding, which payment is not reflected in the related Loan Transmittal Summary Form, shall be received by SLM ECFC in trust for the account of Funding and SLM ECFC hereby disclaims any title to or interest in any such amounts. Within two (2) Business Days following the date of receipt, SLM ECFC shall remit to Funding an amount equal to any such payments along with a listing on a form provided by Funding identifying the Purchased Loans with respect to which such payments were made, the amount of each such payment and the date each such payment was received. (B) Any written communication received at any time by SLM ECFC with respect to any Loan subject to these Master Terms or the related Purchase Agreement shall be transmitted by SLM ECFC to the Servicer within two (2) Business Days of receipt. Such communications shall include, but not be limited to, letters, notices of death or disability, notices of bankruptcy, forms requesting deferment of repayment or loan cancellation, and like documents.

  • Obligation to Make Payments Any Interconnection Party's obligation to make payments for services shall not be suspended by Force Majeure.

  • Treatment of Installment Payments Each payment of termination benefits under this Agreement shall be considered a separate payment, as described in Treas. Reg. Section 1.409A‑2(b)(2), for purposes of Section 409A of the Code.

  • Treatment of Each Installment as a Separate Payment For purposes of applying the provisions of Section 409A to this Agreement, each separately identified amount to which the Executive is entitled under this Agreement shall be treated as a separate payment. In addition, to the extent permissible under Section 409A, any series of installment payments under this Agreement shall be treated as a right to a series of separate payments.

  • Failure to Make Payments to Industry Funds etc If a person covered by this Agreement has a genuine and reasonable belief that the Employer has failed to comply with clauses 22 to 25 (inclusive) the following process will apply: (a) the person or their representative must notify the Employer in writing of the alleged noncompliance and what must be done to remedy it; (b) the Parties must consult in good faith in an effort to resolve the matter;