Settlement Methods Sample Clauses

Settlement Methods. Both parties confirm that based on the settlement discount stated in this agreement, Party B will remit the due payment in full to the account of Party A before the delivery of the magazines to Party B each month (the proof of money wiring must be provided by fax). In the case of payment default by Party B, Party A has a right to terminate the supply of magazines.

Settlement Methods. (i) If Cash Settlement applies to any Notes surrendered for conversion, for each $1.00 principal amount of Notes surrendered, on the third Business Day following the last VWAP Trading Day of the applicable Observation Period, the Company will deliver to the converting Holder an amount of cash equal to the sum of the Daily Conversion Values for each VWAP Trading Day during the relevant Observation Period. (ii) If Physical Settlement applies to any Notes surrendered for conversion, for each $1.00 principal amount of Notes surrendered, on the third Business Day following the Conversion Date, the Company will deliver to the converting Holder (x) a number of shares of Common Stock equal to the applicable Conversion Rate on the Conversion Date plus (y) cash in lieu of fractional shares, if any, as described in Section 14.03. (iii) If Combination Settlement applies to any Notes surrendered for conversion, for each $1.00 principal amount of Notes surrendered, on the third Business Day following the last VWAP Trading Day of the applicable Observation Period, the Company will deliver to the converting Holder (1) an amount of cash and a number of shares equal to the sum of the Daily Settlement Amounts for each VWAP Trading Day of the relevant Observation Period plus (2) cash in lieu of fractional shares, if any, as described in Section 14.03.

Settlement Methods. Except to the extent otherwise provided in Sections 7.05(f), 7.05(h), 7.06(f) and 7.07 hereof, upon exchange of any Note, the Issuer shall pay or cause the delivery of, as the case may be, to the exchanging Holder, in respect of each $1,000 principal amount of Notes being exchanged, cash (a “Cash Settlement”), Ordinary Shares, together with cash, if applicable, in lieu of any fractional Ordinary Share (a “Physical Settlement”), or a combination of cash and Ordinary Shares, together with cash in lieu of any fractional Ordinary Share (a “Combination Settlement,” and each of Cash Settlement, Physical Settlement and Combination Settlement, a “Settlement Method,” and the obligation to effect such payment and/or delivery, the “Exchange Obligation”), at the election of the Issuer, based on the Settlement Method that applies to the Note and the Exchange Rate in effect on the applicable Exchange Date, in each case, as follows:

Settlement Methods. The equipment of Party B accesses to the mobile data network of Party A through the fiber, and the billing information shall be subject to the information provided by Party A. Specific information is as below: 6.2.1 The billing period is from 00:00 of the first day of each month until the 24:00 of the last day of that month. It may be settled on a monthly basis, and the settlement period is from the 15th day of each month until the end of that month. The period during which the fee is accrued is from the first day of the previous month until the last day of the end of that month, and Party A will calculate the payable information service fee accrued during that month after expiration of the normal billing period, and the Parties shall conduct the settlement in accordance with these rules. 6.2.2 The billing system of Party A will generate the total payable information service fee for IVR services that is accrued during that month, and Party A shall pay 70% of the amount to Party B, and will require Party B to issue a service trade invoice. 6.2.3 The Parties shall conduct the settlement and effect payment in strict compliance with the rules concerning the settlement methods and period. If Party A fails to pay the settlement amounts after the lapse of payment date, it shall pay Party B on a daily basis a penalty at 1‰ of the total information service fee, unless the delayed payment by Party A is caused due to the delayed delivery of the invoice.

Settlement Methods. Party B shall attach the inspection report to each batch of Products, and issue the VAT invoice according to the quantity of actual storage agreed by both parties and inspected and accepted by Party A at the end of the month. Party A will pay all the amount of such Products to Party B within thirty (30) working days upon the receipt of the invoice.

Settlement Methods. 2.1 Party B shall link with the short-message center of Party A via the short-message gateway of Party A, which shall record the billing data as final. The monthly settlement from the 15th day to the 20th day each month shall cover the premium of the last month from the 1st day to the last day. After the normal billing accounting period, Party A shall calculate the current-month information service premium of Party B and the ill-balance communication premium payable to Party A, which shall serve as the basis of settlement between the parties. 2.2 The parties shall make the account settlement of the current-month information service premium according to the records of the billing system of Party A, Party A shall pay the balance of 85% information service premium minus the ill-balance communication against the formal service invoices. In case the balance is above zero, Party A shall pay the balance to Party B. In case the balance is below zero, Party B shall pay the balance to Party A against the invoices furnished by Party A. The payment collecting party shall mail the invoice within three (3) days after the receipt of the payment (by local post stamp). 2.3 The parties shall make the settlement and payment strictly according to the regulations of settlement model and schedule. In case either party delays the due payment beyond the stipulated time (the 20th day each month), the party shall pay to the other party the delay penalty at the daily rate of 1% of the delayed payment. In case either party fails to make payment overdue for over 2 months after the notice of the other party, the conforming party is entitled to lodge an action against the default party with the legal liability borne by the default party.

Settlement Methods. 1, confirmed by the financial Department of Party A, after Party B’s payment to the account, Party A organizes the delivery.

Settlement Methods. Except to the extent otherwise provided in Sections 7.05(f), 7.05(g), 7.05(h), 7.05(i), 7.06(f) and 7.07 hereof, if a Holder exchanges a Note, a cash amount, calculated in accordance with Sections 7.03(a)(i), 7.03(a)(ii) or 7.03(a)(iii) below, depending upon which Settlement Method applies to such Note (a “Liquidated Sum”), shall be payable by the Issuer to the Holder, and the Issuer will satisfy its obligation in respect of the Liquidated Sum by paying or delivering, as the case may be, cash (a “Cash Settlement”), ADSs, together with cash in lieu of any fractional ADS (a “Physical Settlement”), or a combination of cash and ADSs, together with cash in lieu of any fractional ADSs (a “Combination Settlement,” and each of Cash Settlement, Physical Settlement and Combination Settlement, a “Settlement Method,” and the obligation to effect such payment and/or delivery, the “Exchange Obligation”), based on the Settlement Method that applies to the Note and the Exchange Rate in effect on the applicable Exchange Date, in each case, as follows:

Settlement Methods. Subject to Section 5.03(b), upon any conversion of any Note, the Company shall deliver to converting Holders, in respect of each $1,000 principal amount of Notes tendered for conversion: (i) on the third Trading Day immediately following the Conversion Date (or, if earlier, on the Maturity Date), a number of shares of Common Stock equal to the Conversion Rate on the relevant Conversion Date (plus cash in lieu of fractional shares if applicable); (ii) on the third Trading Day immediately following the final Settlement Period Trading Day of the applicable Settlement Period, cash in an amount equal to the Conversion Value; or (iii) on the third Trading Day immediately following the final Settlement Period Trading Day of the applicable Settlement Period: (A) the fixed dollar amount per $1,000 principal amount of the Notes of the conversion obligation to be satisfied in cash specified in the Consideration Notice (which fixed dollar amount shall be $1,000 if the Company has made a Net Share Settlement Election or if the Company fails to timely notify converting Holders of the fixed dollar amount) or, if lower, the Conversion Value in cash (the “Fixed Cash Amount”); and (B) a number of shares equal to the sum, for each of the Settlement Period Trading Days in the relevant Settlement Period, of 1/25th of (a) the applicable Conversion Rate on such Settlement Period Trading Day minus (b) the quotient of (x) the Fixed Cash Amount divided by (y) the VWAP of the Common Stock on such Settlement Period Trading Day (plus cash in lieu of fractional shares if applicable). The applicable settlement method for any particular conversion of Notes (pursuant to clause (i), (ii) or (iii) above) shall be determined pursuant to Section 5.03(b).

Settlement Methods. 1, cash 2, bank transfers