Payments Contract Clauses (2,652)

Grouped Into 167 Collections of Similar Clauses From Business Contracts

This page contains Payments clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Payments. The Company will pay you the Performance Shares if and to the extent that the Performance Goals are achieved, as set forth in the Performance Accountability Chart and as determined by the Personnel and Compensation Committee of the Company's Board of Directors (the "Committee") in its sole discretion. Notwithstanding the foregoing, the Committee has the discretion to adjust the payment level downward from the level of performance actually achieved.
Payments. The Company will pay you the Performance Shares if and to the extent that the Performance Goals are achieved, as set forth in the Performance Accountability Chart Appendix C to this Agreement and as determined by the Personnel and Compensation Committee of the Company's Board of Directors (the "Committee") in its sole discretion. Notwithstanding the foregoing, the Committee has the discretion to adjust the payment level downward from the level of performance actually achieved.
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Payments. When Time-Based Units vest, the Company shall cause the Grantee's employer to make a cash payment to the Grantee, payable in local currency, equal to the Fair Market Value of the shares of Company Stock underlying the vested Time-Based Units (rounded up to the nearest whole share), subject to applicable withholding for Taxes. The Fair Market Value of the shares shall be determined as of the date immediately before the payment date. Payment shall be made within 60 days after the applicable vestin...g date. View More
Payments. When Time-Based Except to the extent otherwise provided in Section 4 above, at the end of the Performance Period, if the Committee certifies that the Performance Goals and other conditions to payment of the Performance Units vest, have been met, the Company shall cause the Grantee's employer to make a cash payment to the Grantee, payable in local currency, equal currency equal, to the Fair Market Value of the shares of Company Stock underlying the vested Time-Based Performance Units (rounded up ...to the nearest whole share), subject to applicable withholding for Taxes. The Fair Market Value of the shares shall be determined as of the date immediately before the payment date. Payment shall be made within 60 days after the applicable vesting date. View More
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Payments. Except to the extent otherwise provided in Section 4 above, at the end of the Performance Period, if the Committee certifies that the Performance Goals and other conditions to payment of the Performance Units have been met, the Company shall issue shares of Company Stock to the Grantee equal to the number of the vested earned Performance Units, subject to applicable tax withholding. Payment shall be made between January 1, 2017 and March 15, 2017. Any fractional shares will be rounded up to the ...nearest whole share. View More
Payments. Except to the extent otherwise provided in Section 4 above, at the end of the Performance Period, if the Committee certifies that the Performance Goals and other conditions to payment of the Performance Units have been met, the Company shall issue shares of Company Stock to the Grantee equal to the number of the vested earned Performance Units, subject to applicable tax withholding. withholding for Taxes. Payment shall be made between January 1, 2017 and March 15, 2017. Any fractional shares wil...l be rounded up to the nearest whole share. Notwithstanding any provision of the Plan, the Grant Letter or these Grant Conditions to the contrary, the Performance Units shall be settled in shares of Company Stock only. View More
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Payments. Payment of principal and interest as provided herein shall be made for the benefit of the registered owner hereof on the applicable Payment Date or on the Maturity Date, as the case may be, in each case by wire transfer to the account designated in writing to Holdings by such registered owner.
Payments. Payment of principal and interest as provided herein shall be made for the benefit of the registered owner hereof on the applicable Payment Date or on the Maturity Date, as the case may be, in each case by wire transfer to the account designated in writing to Holdings XFit Brands by such registered owner.
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Payments. When Time-Based Units vest, shares of Company Stock equal to the number of vested Time-Based Units shall be issued to the Grantee within 60 days after the applicable vesting date, subject to applicable tax withholding and subject to any six-month delay required under section 409A of the Internal Revenue Code, if applicable, and as described in Section 20(h) of the Plan. Any fractional shares will be rounded up to the nearest whole share. 3 7. Dividend Equivalents. Dividend Equivalents shall accr...ue with respect to Time-Based Units and shall be payable subject to the same vesting terms and other conditions as the Time-Based Units to which they relate. Dividend Equivalents shall be credited on the Time-Based Units when dividends are declared on shares of Company Stock from the Date of Grant until the payment date for the vested Time-Based Units. The Company will keep records of Dividend Equivalents in a non-interest bearing cash account for the Grantee. No interest will be credited to any such account. Vested Dividend Equivalents shall be paid in cash at the same time and subject to the same terms as the underlying vested Time-Based Units. If and to the extent that the underlying Time-Based Units are forfeited, all related Dividend Equivalents shall also be forfeited. View More
Payments. When Time-Based Units vest, the Company shall cause the Grantee's employer to make a cash payment to the Grantee, payable in local currency, equal to the Fair Market Value of the shares of Company Stock equal to underlying the number of vested Time-Based Units (rounded up to the nearest whole share), subject to applicable withholding for Taxes (as defined below). The Fair Market Value of the shares shall be issued to determined as of the Grantee date immediately before the payment date. Payment ...shall be made within 60 days after the applicable vesting date, subject to applicable tax withholding and subject to any six-month delay required under section 409A of the Internal Revenue Code, if applicable, and as described in Section 20(h) of the Plan. Any fractional shares will be rounded up to the nearest whole share. 3 7. date.7. Dividend Equivalents. Dividend Equivalents shall accrue with respect to Time-Based Units and shall be payable subject to the same vesting terms and other conditions as the Time-Based Units to which they relate. Dividend Equivalents shall be credited on the Time-Based Units when dividends are declared on shares of Company Stock from the Date of Grant until the payment date for the vested Time-Based Units. The Company will keep records of Dividend Equivalents in a non-interest bearing cash bookkeeping account for the Grantee. No interest will be credited to any such account. Vested Dividend Equivalents shall be paid in cash at the same time and subject to the same terms as the underlying vested Time-Based Units. If and to the extent that the underlying Time-Based Units are forfeited, all related Dividend Equivalents shall also be forfeited. View More
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Payments. Guarantor hereby unconditionally and irrevocably guarantees to Lender the punctual payment when due, whether by lapse of time, by acceleration of maturity, or otherwise, and at all times thereafter, of the Guaranteed Obligations. This Guaranty covers the Guaranteed Obligations, whether presently outstanding or arising subsequent to the date hereof, including all amounts advanced by Lender. The guaranty of Guarantor as set forth in this Section 2 is a continuing guaranty of payment and not a guar...anty of collection. Guarantor acknowledges and agrees that Guarantor may be required to pay and perform the Guaranteed Obligations in full without assistance or support from Debtor or any other party. Guarantor agrees that if all or any part of the Guaranteed Obligations shall not be punctually paid when due, whether on the scheduled payment date, by lapse of time, by acceleration of maturity or otherwise (following the expiration of all applicable grace and cure periods), Guarantor shall, immediately upon demand by Lender, pay the amount due on the Guaranteed Obligations to Lender at Lender's address as set forth herein. Such demand(s) may be made at any time coincident with or after the time for payment of all or part of the Guaranteed Obligations, and may be made from time to time with respect to the same or different items of Guaranteed Obligations. Such demand shall be made, given and received in accordance with the notice provisions hereof. View More
Payments. Guarantor hereby unconditionally and irrevocably guarantees to Lender the punctual Administrative Agent and Lenders, as a guaranty of payment and performance and not merely as a guaranty of collection, prompt payment when due, whether at stated maturity, by required prepayment, by lapse of time, by acceleration of maturity, demand or otherwise, and at all times thereafter, of the Guaranteed Obligations. Indebtedness. This Guaranty Agreement covers the Guaranteed Obligations, Indebtedness, whethe...r presently outstanding or arising subsequent to the date hereof, including all amounts advanced under the Loan Documents by Lender. Administrative Agent or any Lender in stages or installments. The guaranty of Guarantor as set forth in this Section 2 is a continuing guaranty of payment and not a guaranty of collection. Guarantor acknowledges and agrees that Guarantor may be required to pay and perform the Guaranteed Obligations Indebtedness in full without assistance or support from Debtor Borrower or any other party. Guarantor agrees that if all or any part of the Guaranteed Obligations Indebtedness shall not be punctually paid when due, whether on the scheduled payment date, by lapse of time, by acceleration of maturity or otherwise (following the expiration of all applicable grace and cure periods), otherwise, Guarantor shall, immediately upon demand by Lender, Administrative Agent, pay the amount due on the Guaranteed Obligations Indebtedness to Lender Administrative Agent, for the benefit of Lenders, at Lender's Administrative Agent's address as set forth herein. Such demand(s) in the Credit Agreement. Any such demand may be made at any time coincident with or after the time for payment of all or part of the Guaranteed Obligations, Indebtedness, and may be made from time to time with respect to the same or different items of Guaranteed Obligations. Such Indebtedness. Any such demand shall be made, given and received in accordance with the notice provisions in Section 18 hereof. View More
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Payments. Payment shall be made in lawful tender of the United States and shall be applied first to the payment of all accrued and unpaid interest and then to the payment of principal. Prepayment of the principal balance of this Note, together with all accrued and unpaid interest on the portion of principal so prepaid, may be made in whole or in part at any time without penalty.
Payments. Payment shall be made in lawful tender of the United States and shall be applied first to the payment of all accrued and unpaid interest and then to the payment of principal. Prepayment Subject to Sections 8 and 9, prepayment of the principal balance of this Note, together with all accrued and unpaid interest on the portion of principal so prepaid, may be made in whole or in part at any time without penalty.
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Payments. Each Guarantor hereby guarantees that payments hereunder will be paid to the Administrative Agent in the currency in which the relevant Obligation is due without set-off, counterclaim, deduction or withholding at the Administrative Agent's Office. The provisions of Section 5.4 of the Credit Agreement apply mutatis mutandis to this Guaranty and all payments made hereunder as though set out in full in this Guaranty.
Payments. Each Guarantor hereby guarantees that payments hereunder will be paid to the Administrative Agent in Dollars or Euros, as applicable and depending on the currency in which of the relevant Obligation is due underlying Obligations, without set-off, counterclaim, deduction or withholding at the Administrative Agent's Office. The provisions of Section 5.4 of the Credit Agreement apply mutatis mutandis to this Guaranty and all payments made hereunder as though set out in full in this Guaranty.
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Payments. All outstanding principal and accrued but unpaid interest on this Convertible Note shall be due and payable on the Maturity Date. Holder must surrender this Convertible Note to the Company to collect principal payments. Accrued unpaid interest on the outstanding principal balance hereof shall be due and payable by the Company to Holder on the first Business Day of each January, April, July and October, commencing October 1, 2015. The unpaid principal balance of this Convertible Note shall bear i...nterest (computed on the basis of a year of 365 or 366 days, as applicable, and the actual number of days elapsed), from the date hereof until such principal is paid, compounded quarterly at the rate of 9.00% per annum, or, if the Claim Date occurs at such a time as the Stock Appreciation Date has not occurred, 8.00% per annum from and after the Claim Date. All such interest shall be due and payable upon maturity, howsoever such maturity may occur (whether by acceleration nor otherwise), or upon the repayment of this Convertible Note as provided herein. During the continuance of an Event of Default, the outstanding principal amount of this Convertible Note shall bear interest at a rate that is 2.00% per annum higher than the rate of interest otherwise applicable hereto. All payments on this Convertible Note shall be made in lawful money of the United States of America by wire transfer to an account or accounts as directed by Holder, or as otherwise agreed by Holder and the Company. View More
Payments. This Non-Convertible Note evidences such loans from Holder to the Company in the amount of $2,000,000 each from time to time as Holder may elect to make to Company on the dates and in the manner set forth in Section 1.3 of the Purchase Agreement. All outstanding principal and accrued but unpaid interest on this Convertible Non-Convertible Note shall be due and payable on the Maturity Date. Holder must surrender this Convertible Non-Convertible Note to the Company to collect principal payments. A...ccrued unpaid interest on the outstanding principal balance hereof shall be due and payable by the Company to Holder on the first Business Day of each January, April, July and October, commencing October 1, 2015 (each, an "Interest Payment Date"). The unpaid principal balance of this Convertible Non-Convertible Note shall bear interest (computed on the basis of a year of 365 or 366 days, as applicable, and the actual number of days elapsed), from the date hereof until such principal is paid, compounded quarterly at the rate of 9.00% 15.00% per annum, or, if the Claim Date occurs at such a time as the Stock Appreciation Date has not occurred, 8.00% per annum from and after the Claim Date. All such interest shall be due and payable upon maturity, howsoever such maturity may occur (whether by acceleration nor otherwise), or upon the repayment of this Convertible Non-Convertible Note as provided herein. During the continuance of an Event of Default, the outstanding principal amount of this Convertible Non-Convertible Note shall bear interest at a rate that is 2.00% per annum higher than the rate of interest otherwise applicable hereto. All payments on this Convertible Non-Convertible Note shall be made in lawful money of the United States of America by wire transfer to an account or accounts as directed by Holder, or as otherwise agreed by Holder and the Company. View More
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Payments. 6.1 Repayment. All payment of principal shall be due and payable in lawful money of the United States of America at the principal office of the Holder, or at such other place as the holder hereof may from time to time designate in writing to the Company, not later than 5:00 p.m., Eastern Time, on the Maturity Date. All payments shall be applied first to the payment of any fees or charges outstanding hereunder, second to interest accrued and unpaid hereunder, and thereafter to principal. 6.2 Prep...ayment. The Company may prepay, without penalty, any principal amount on this Note, in whole or in part, at any time. Any prepayment will be applied first to the payment of any fees or charges outstanding hereunder, second to interest accrued and unpaid hereunder, and thereafter to principal. 6.3 Ranking. All payments under this Note shall rank senior to all other existing and future indebtedness of the Company, excluding any capital and equipment leases. View More
Payments. 6.1 7.1 Repayment. All payment of principal shall be due and payable in lawful money of the United States of America at the principal office of the Holder, or at such other place as the holder hereof may from time to time designate in writing to the Company, not later than 5:00 p.m., Eastern Time, on the Maturity Date. All payments shall be applied first to the payment of any fees or charges outstanding hereunder, second to interest accrued and unpaid hereunder, and thereafter to principal. 6.2 ...7.2 Prepayment. The Company may prepay, without penalty, any principal amount on this Note, in whole or in part, at any time. Any prepayment will be applied first to the payment of any fees or charges outstanding hereunder, second to interest accrued and unpaid hereunder, and thereafter to principal. 6.3 7.3 Ranking. All payments under this Note shall rank senior to all other existing and future indebtedness of the Company, excluding any capital and equipment leases. leases except as, and only to the extent, expressly set forth in the Intercreditor Agreement. View More
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