Allowance for Expenses Sample Clauses

Allowance for Expenses. The Reinsurer will pay the Ceding Company an ---------------------- Allowance for Expenses for each Accounting Period equal to the sum of a) plus b) plus c) plus d) plus e) plus f), where:
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Allowance for Expenses. The District shall provide allowances for the following expenses.
Allowance for Expenses. The Reinsurer will pay the Ceding Company an ---------------------- Allowance for Expenses for each Accounting Period equal to the sum of a) plus b) plus c) plus d) plus e) plus f), where: a) equals the product of i) times ii), where: i) equals $12.50 times the quota share percentage of the annuities reinsured hereunder, as described in Schedule A; and ii) equals the number of annuities reinsured hereunder and described inSchedule A, that are inforce at the end of the current Accounting Period; b) equals the product of i) times ii), where: i) equals $75.00 times the quota share percentage of the annuities reinsured hereunder, as described in Schedule A; and ii) equals the number of annuities reinsured hereunder and described in Schedule A, that were issued during the current Accounting Period; c) equals the product of i) times ii), where: i) equals 0.0030; and ii) equals that amount of the Reinsurance Premiums received on non-qualified policies received during the current Accounting Period; d) equals the product of i) times ii), where: i) equals 0.0180; and ii) equals the amount of the Reinsurance Premiums received during the current Accounting Period; e) equals the product of i) times ii), where: i) risks charges from Schedule D for the cost of Minimum Guaranteed Death Benefits (MGDB) in excess of the policyholders' account values; and ii) equals the quota share of the average Account Value in the Variable Separate Accounts of annuities reinsured hereunder. Average Account Value is equal to one-half the sum of the Account Value reinsured hereunder at the beginning of the current Accounting Period and the Account Value reinsured hereunder at the end of the current Accounting Period; f) equals a quota share of any rider charges deducted during the current accounting period for any VAGLB Riders attached to annuities reinsured hereunder. See Schedule A, below, for information on VAGLB and Living Benefits. g) amounts in a) i) and b) i) above will be adjusted annually on January 1, for inflation at the change in the Consumer Price Index (CPI-U as determined by Department of Labor and published in the Wall Street Journal).
Allowance for Expenses. The Company shall pay the Chairman an allowance of $50,000 for each year of the term of the Agreement to cover costs and expenses incurred by the Chairman at his sole discretion in providing the services hereunder, including without limitation,(i)car related costs and expenses,(ii)membership fees and dues incurred in obtainig and/or maintaining memberships in social and business clubs as well as expenses incurred by the Chairman at such clubs and, (iii)any other general representation costs and expenses
Allowance for Expenses. . . 16 Section 4.5. Anchor YRT Expense Recovery . . . . . . . . . . . . . . . . 17 Section 4.6.
Allowance for Expenses. The organisation offering the placement will pay Aufwandsentschädigung von € pro Monat an allowance for expenses ofper month brutto. before deductions.
Allowance for Expenses. The Committee shall provide annual allowances to the Superintendent for the following expenses:
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Related to Allowance for Expenses

  • Reimbursement for Expenses Consultant shall not be reimbursed for any expenses unless authorized in writing by City.

  • Liability for expenses Each party will pay its own expenses incurred in negotiating, executing, stamping and registering this Participation Agreement.

  • Indemnification for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provisions of this Agreement, to the extent that Indemnitee is a party to (or a participant in) and is successful, on the merits or otherwise, in any Proceeding or in defense of any claim, issue or matter therein, in whole or in part, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by him in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by him or on his behalf in connection with each successfully resolved claim, issue or matter. If the Indemnitee is not wholly successful in such Proceeding, the Company also shall indemnify Indemnitee against all Expenses reasonably incurred in connection with a claim, issue or matter related to any claim, issue, or matter on which the Indemnitee was successful. For purposes of this Section and without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.

  • INDEMNIFICATION FOR EXPENSES OF A WITNESS Notwithstanding any other provision of this Agreement except for Section 27, to the extent that Indemnitee is, by reason of Indemnitee’s Corporate Status, a witness or deponent in any Proceeding to which Indemnitee was or is not a party or threatened to be made a party, Indemnitee shall, to the fullest extent permitted by applicable law, be indemnified, held harmless and exonerated against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection therewith.

  • Responsibility for Expenses Lessee shall, at Xxxxxx's sole cost and expense, pay all necessary expenses incident to Xxxxxx's use of the Property.

  • Indemnification for Expenses as a Witness Notwithstanding any other provision of this Agreement except for Section 26 hereof, to the extent that Indemnitee is, by reason of his Corporate Status, a witness in any Proceeding, he shall be indemnified against all Expenses actually and reasonably incurred by him or on his behalf in connection therewith.

  • Indemnification for Expenses of Successful Party Notwithstanding any other provisions of this Article SIXTH, to the extent that an Indemnitee has been successful, on the merits or otherwise, in defense of any action, suit or proceeding referred to in Sections 1 and 2 of this Article SIXTH, or in defense of any claim, issue or matter therein, or on appeal from any such action, suit or proceeding, Indemnitee shall be indemnified against all expenses (including attorneys’ fees) actually and reasonably incurred by or on behalf of Indemnitee in connection therewith. Without limiting the foregoing, if any action, suit or proceeding is disposed of, on the merits or otherwise (including a disposition without prejudice), without (i) the disposition being adverse to Indemnitee, (ii) an adjudication that Indemnitee was liable to the Corporation, (iii) a plea of guilty or nolo contendere by Indemnitee, (iv) an adjudication that Indemnitee did not act in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Corporation, and (v) with respect to any criminal proceeding, an adjudication that Indemnitee had reasonable cause to believe his or her conduct was unlawful, Indemnitee shall be considered for the purposes hereof to have been wholly successful with respect thereto.

  • COMPENSATION; EXPENSES (a) In consideration of the foregoing, the Advisor shall pay the Sub-advisor, with respect to the Fund, a fee as specified in Appendix B hereto. Such fees shall be accrued by the Advisor daily and shall be payable monthly in arrears on the first business day of each calendar month for services performed hereunder during the prior calendar month. If fees begin to accrue in the middle of a month or if this Agreement terminates before the end of any month, all fees for the period from that date to the end of that month or from the beginning of that month to the date of termination, as the case may be, shall be prorated according to the proportion that the period bears to the full month in which the effectiveness or termination occurs. Upon the termination of this Agreement with respect to the Fund, the Advisor shall pay to the Sub-advisor such compensation as shall be payable prior to the effective date of termination.

  • Reimbursement for Expenses of a Witness or in Response to a Subpoena Notwithstanding any other provision of this Agreement, to the extent that Indemnitee, by reason of his or her Corporate Status, (i) is a witness in any Proceeding to which Indemnitee is not a party and is not threatened to be made a party or (ii) receives a subpoena with respect to any Proceeding to which Indemnitee is not a party and is not threatened to be made a party, the Company shall reimburse Indemnitee for all Expenses actually and reasonably incurred by him or her or on his or her behalf in connection therewith.

  • For example If an employee utilises two weeks recreation leave over a period of four weeks at half pay, service based entitlements (e.g. personal leave, long service leave, paid parental leave) will be deferred by two weeks.

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