Timely Payments Required Sample Clauses

The 'Timely Payments Required' clause obligates one or both parties to make payments by specified deadlines as outlined in the agreement. In practice, this means that invoices must be settled within a set number of days after receipt, or that periodic payments are due on certain dates throughout the contract term. This clause ensures that cash flow is maintained and helps prevent disputes or disruptions caused by late payments, thereby promoting financial reliability and predictability between the parties.
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Timely Payments Required. The CMHCC and UTMB agree that failure by the CMHCC to make payments in a timely manner and as agreed to by UTMB shall immediately relieve UTMB of all contractual obligations directly and indirectly associated with this Agreement.
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Timely Payments Required. The CMHCC and TTUHSC agree that failure by the CMHCC to make payments in a timely manner and as agreed to by TTUHSC shall immediately relieve TTUHSC of all contractual obligations directly and indirectly associated with this Agreement.
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Timely Payments Required. Owner insists upon the payment of Rent on the date due, and neither Owner’s imposition of Late Fees, nor any acceptance by Owner of any payment of Rent, Late Fees or Returned Check Fees after the due date, nor any other omission, delay or forbearance on the part of Owner in demanding payment of any delinquent Rent, shall be construed as creating a course of dealing under which late or delinquent payments shall be permitted, nor shall the same constitute a waiver of any rights of Owner arising with respect to said delinquent Rent payment or with respect to any future delinquency, default or event of default under this Agreement.
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Timely Payments Required. The CMHCC and TDCJ agree that failure by the TDCJ to make payments in a timely manner and as agreed to by the CMHCC shall immediately relieve the CMHCC and its University Providers of all contractual obligations directly and indirectly associated with this Agreement.
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Related to Timely Payments Required

  • Timely Payments LIFE COMPANY will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by LIFE COMPANY by 1:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable LIFE COMPANY to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.

  • Timely Payment The Borrowers will make due and timely payment, as provided for herein, of the principal of all Loans, all interest thereon and all fees and other amounts required to be paid hereunder.

  • Payments Received The Seller shall apply all payments received in respect of the Mortgage Loans during the Interim Servicing Period and after the Transfer Date in accordance with the Servicing Transfer Instructions.

  • Rent Payments ▇▇▇▇▇▇ agrees to pay rent to the Landlord during the term of this Lease in equal monthly installments of $975, which shall be paid on or before the first day of the month. ▇▇▇▇▇▇ agrees that if rent is not paid in full on or before 1st day of the month, Tenant will pay a late charge of $97.50 as allowed by applicable Georgia law.The prorated rent from the commencement of this Lease to the first day of the following month is $975, which amount shall be paid at the execution of this Lease. ▇▇▇▇▇▇ agrees that rent shall be paid in lawful money of the United States via the ▇▇▇▇▇ Residents App. Rent payments shall be made payable to and mailed or delivered to the following address: P.O. Box 17942 Atlanta, GA 30316. All notices from Tenant to Landlord under this Lease and applicable Georgia law shall be delivered to the above address. ▇▇▇▇▇▇ agrees that rent will be deemed paid only once Landlord or Landlord’s agent receives the rent monies, either by mail or by delivery to the above address. If there are multiple Tenants signed to this Lease, all such Tenants are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease. A judgment entered against one Tenant shall be no bar to an action against other Tenants.

  • 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.