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Payable Practices
Payable Practices contract clause examples
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Foreign Corrupt Practices. Neither the Company nor any Subsidiary, nor to the knowledge of the Company or any Subsidiary, any agent or other person acting on behalf of the Company or any Subsidiary, has # directly or indirectly, used any funds for unlawful contributions, gifts, entertainment or other unlawful expenses related to foreign or domestic political activity, # made any unlawful payment to foreign or domestic government officials or employees or to any foreign or domestic political parties or campaigns from corporate funds, # failed to disclose fully any contribution made by the Company or any Subsidiary (or made by any person acting on its behalf of which the Company is aware) which is in violation of law, or # violated in any material respect any provision of FCPA.

Commitment Fees Payable. The Borrower shall, subject to [Section 11.5(b)(ii)(y)], pay to the Class A-R Lenders pursuant to [Section 6.4 or 9.1]1], as applicable, ratably in proportion to their respective Percentage Shares of the Undrawn Commitment (provided that if the Class A-R Commitment of any Class A-R Lender is reduced as the result of a Bail-In Action, such Lender’s Percentage Share of the Undrawn Commitment shall be calculated based on its Class A-R Commitment as so reduced), a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period equal to the product of the Commitment Fee Rate and the undrawn amount of the Total Class A-R Commitment as of the end of such day.

Other Benefits Payable. Any severance pay or pay in lieu of notice required to be paid to a Participant under applicable law or under any other severance pay plan or policy of the Company or any Employer, including, without limitation, under the Severance Pay Plan for Salaried Employees of Carpenter Technology Corporation and the Severance Pay Plan for Executives of Carpenter Technology Corporation, shall be reduced dollar for dollar (but not below zero) by the Separation Benefits. The Separation Benefits shall in no event affect a Participant’s eligibility for or entitlement to benefits under

reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 6, payable in accordance with the [[Organization A:Organization]]’s normal reimbursement practices; and

You will be paid a base salary of $280,000.00 annualized, paid in bi-weekly installments of $10,769.24, payable in accordance with LoJack’s standard payroll practices for salaried employees.

the aggregate amount of cash Consolidated Tax Expense paid or payable by the Borrower, its Subsidiaries and the Physician-Owned Practices with respect to such Excess Cash Flow Period and, if payable, for which, to the extent required under GAAP, reserves have been established;

•Base Salary: You will receive an initial annual base salary of $700,000, payable in accordance with the Company’s standard payroll practices, currently bi-weekly, subject to applicable tax withholdings.

portion of Executive’s Target Annual Bonus for such year), payable in equal installments over a 12-month period in accordance with the Company’s usual and customary payroll practices; and

materially change any of the Company’s or its Subsidiaries’ cash management practices and its policies, practices and procedures with respect to collection of accounts receivable, establishment of reserves for uncollectible accounts, accrual of accounts receivable, inventory control, prepayment of expenses, payment of trade accounts payable, accrual of other expenses, deferral of revenue and acceptance of customer deposits; or

Compensation. During the Advisory Services Period, the Corporation will pay to you an amount equal to $2,500 per month, less applicable withholdings and deductions, payable in accordance with the Corporation’s normal payroll practices.

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