Payment of Money. If the Fund on behalf of a Portfolio requires the Custodian to take any action with respect to securities, which action involves the payment of money or which action may, in the opinion of the Custodian, result in the Custodian or its nominee assigned to the Fund or the Portfolio being liable for the payment of money or incurring liability of some other form, the Fund on behalf of the Portfolio, as a prerequisite to requiring the Custodian to take such action, shall provide indemnity to the Custodian in an amount and form satisfactory to it.
Payment of Money. With respect to all sums deducted by the District for membership dues, the District agrees to remit such moneys promptly to the Association accompanied by an alphabetical list of unit members for whom such deductions have been made, and indicating any changes in personnel from the list previously furnished.
Payment of Money. Any Amounts Payable to the Lessor under this Lease must be paid to the Lessor at the address of the Lessor referred to in the Lease or as otherwise directed by the Lessor by Notice from time to time.
Payment of Money. Buyer shall have paid the Deposit as provided in Section 4.01(a) and the cash portion of the Purchase Price to the Sellers as provided in Section 4.01(b).
Payment of Money. Buyer shall have paid the cash portion of the Purchase Price to the Sellers as provided in Section 4.03.
Payment of Money. This Clause 23 does not affect a Party's obligation to make a payment to the other Party.
Payment of Money. The Issuer covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay or cause to be paid, upon exercise by a Holder of Securities of the series, redemption or repurchase, in each case in accordance with the terms of such Securities, the money payable by the Issuer upon such exercise, redemption or repurchase with respect to each of the Securities of such series so exercised, redeemed or repurchased (together with any additional amounts payable pursuant to the terms of such Securities) at the place or places, at the respective times and in the manner provided in such Securities and in this Indenture.
Payment of Money. Lessee's failure to pay any rent or other payments of money to be paid by Lessee, as herein provided, strictly within the time provided and in the amount required, for ten (10) days after receiving written notice that said payments are due;
Payment of Money. Money payable to a Party under this Agreement is to be paid at the Party's Address for Notices or by direct credit to the Bank Account nominated on invoices issued by either Party.
Payment of Money. In all instances where Licensee or Licensor is required hereunder to pay any sum or do any act at a particular indicated time or within an indicated period, it is understood that time is of the essence. Subject to the applicable terms and provisions of this Agreement, the obligation of Licensee to pay all License Fees, Pass-Through Expenses and any and all other sums hereunder provided to be paid by Licensee and the obligation of Licensee to perform Licensee’s other covenants, duties and obligations hereunder constitute independent, unconditional obligations to be performed at all times provided for under this Agreement. Subject to the applicable terms and provisions of this Agreement, the obligation of Licensor to pay any sums hereunder and the obligation of Licensor to perform its other covenants, duties and obligation hereunder constitute independent, unconditional obligations to be performed at all times under this Agreement. In the event any sum required to be paid pursuant to this Agreement has not been paid, the other party may, but shall not be obligated to, pay such sum for the benefit of the non-paying party and the non-paying party shall reimburse the paying party within two (2) business days of demand therefor. Additionally, any sums not timely paid shall bear interest at the lesser of (i) the highest rate allowed by Applicable Law or (ii) twelve percent (12%) per annum, calculated from the due date thereof until actually paid.
