Calculation of Loading Compensation (P/L) Clause Samples

Calculation of Loading Compensation (P/L). The compensation due from Owner to Charterer as a result of the Vessel or Owner not meeting the guaranteed loading time specified in section Error! Reference source not found. and Schedule I of this Charter shall be calculated as follows: ***** where: RPH = the hourly time charter rate, calculated as the average Hire Rate during the relevant Performance Period, divided by 24 hours. EHL = the excess hours (including parts thereof), calculated as the amount, if any, by which the ALT for the relevant voyage (subject always to the other exceptions provided in section Error! Reference source not found. of this Charter) exceeds the guaranteed loading time as specified in section Error! Reference source not found. and Schedule I of this Charter.
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Calculation of Loading Compensation (P/L). The compensation due from Owner to Charterer as a result of the Vessel or Owner not meeting the guaranteed loading time specified in section 16.4 and Schedule I of this Charter shall be calculated as follows: ***** where: RPH = the hourly time charter rate, calculated as the average Hire Rate during the relevant Performance Period, divided by 24 hours. EHL = the excess hours (including parts thereof), calculated as the amount, if any, by which the ALT for the relevant voyage (subject always to the other exceptions provided in section 16.4 of this Charter) exceeds the guaranteed loading time as specified in section 16.4 and Schedule I of this Charter.
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Related to Calculation of Loading Compensation (P/L)

  • Intercarrier Compensation Except as specifically described in this Section, the Agreement does not change or amend applicable intercarrier compensation arrangements (including but not limited to Switched Access, Signaling, or Transit charges) between any parties, including between Qwest and Carriers or IXCs.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125 per hour.

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

  • Servicer Compensation The Servicer shall withdraw its Servicing Fee for each Mortgage Loan net of any Month End Interest payable pursuant to Section 7.6.1 from the related Custodial P&I Account prior to the remittance of such amounts to the Certificate Account with all other payments received with respect to the Mortgage Loans.

  • AGENT’S COMPENSATION The Owner agrees to pay the Agent the following fees indicated below for the services and provided: (check all that apply)