Contractual Payment Sample Clauses

Contractual Payment. ‌ The "Contractual Payment" is the instrument (cheque, cash, etc.) with which an Artist is paid the net amount of their Contractual Fee delivered in accordance with Clauses16:14, 39:06, 39:07, 39:08, 39:09, 39:10, 39:11, 54:05, 54:16, 55:02, 55:29, 56:02, 57:02, 58:25, 58:26, 58:27, 58:30 60:01, 61:04, 62:04, 63:07 and 64:03 as applicable.
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Contractual Payment. ‌ The "contractual payment" is the instrument (cheque, cash, etc.) with which an Artist is paid the net amount of his/her contractual fee delivered in accordance with Clause 16:04, 60:02(A), 61:04(A), and 62:04(A) as applicable.
Contractual Payment. These activities will be paid in one of three options chosen by the staff member when they sign their co-curricular contract. Payment of $100 each for varsity head coaches of football, girls basketball, boys basketball, wrestling, volleyball, track, golf, instrumental music, vocal music, cheerleader advisor/coach, and speech and drama advisor will be made for attending a mandatory rules clinic as required by the NDHSAA. Option #1: Equal payments in coordination with either 20 or 24 monthly teaching checks. This option is only for year round positions, which are starred above. Option #2: Half of co-curricular salary at midpoint of activity and other half of co-curricular salary at end of activity. Option #3: Full co-curricular salary at the end of the activity. *Midpoint and end of activity will be determined by administration.
Contractual Payment. All co-curricular activities for which payment is received will become part of the teacher’s contract. These activities will be paid in one of three options chosen by the staff member when they sign their contract. Payment of $100 each for varsity head coaches of football, girls basketball, boys basketball, wrestling, volleyball, track, golf, instrumental music, vocal music, cheerleader advisor/coach, and speech and drama advisor will be made for attending a mandatory rules clinic as required by the NDHSAA. Option #1: Equal payments in coordination with either 20 or 24 monthly teaching checks. This option is only for year round positions, which are starred above. Option #2: Half of co-curricular salary at midpoint of activity and other half of co- curricular salary at end of activity. Option #3: Full co-curricular salary at the end of the activity. *Midpoint and end of activity will be determined by administration.
Contractual Payment. The Company agrees to pay Employee a lump sum equivalent to one year of Employee’s base salary, for a total of three hundred ninety thousand dollars ($390,000) Dollars, less applicable withholding. This payment will be made to Employee within five (5) business days after the Effective Date of this Agreement.
Contractual Payment. Both parties agree to a monthly payment for the rendered service amounting to US$ [ ], this amount does not include taxes. This sum will be increased due to depreciation every month by [ ] % up to max. [ ] % annually. Art. 7: Payment Conditions The rendered public cleansing services, as stipulated in Art. 3, will be paid by the Municipality to the Micro-Enterprise not later than on the fifth day of every month and at the end of one month service. The said payment will otherwise be increased by extra charges comprising payments of interests and negative bank interests.
Contractual Payment 
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Related to Contractual Payment

  • Contractual Income The Custodian shall credit the applicable Series, in accordance with the Custodian’s standard operating procedure, with income and maturity proceeds on Securities on the contractual payment dates net of any taxes or upon actual receipt. To the extent the Custodian credits income on contractual payment date, the Custodian may reverse such accounting entries to the contractual payment date if the Custodian reasonably believes that such amount will not be received.

  • PUNCTUAL PAYMENTS Punctually pay all principal, interest, fees or other liabilities due under any of the Loan Documents at the times and place and in the manner specified therein.

  • Punctual Payment The Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans and all interest and fees provided for in this Agreement, all in accordance with the terms of this Agreement and the Notes, as well as all other sums owing pursuant to the Loan Documents.

  • EXTRA CONTRACTUAL OBLIGATIONS In the event Retrocedant or Retrocessionaire is held liable to pay any punitive, exemplary, compensatory or consequential damages because of alleged or actual bad faith or negligence related to the handling of any claim under any Reinsurance Contract or otherwise in respect of such Reinsurance Contract, the parties shall be liable for such damages in proportion to their responsibility for the conduct giving rise to the damages. Such determination shall be made by Retrocedant and Retrocessionaire, acting jointly and in good faith, and in the event the parties are unable to reach agreement as to such determination, recourse shall be had to Article XV hereof.

  • EXTRA-CONTRACTUAL DAMAGES Extra-contractual damages are defined as punitive, statutory or compensatory damages due to the Ceding Company's negligence, oppression, malice, fault, wrongdoing or bad faith in connection with an award against the Ceding Company in excess of the limits of the policy reinsured as a result of, but not limited to, an act, omission or course of conduct committed solely by the Ceding Company in connection with the benefits payable under a particular policy reinsured under this Agreement.

  • Contractual Consents The Corporation and/or the Shareholders shall have given all notices to, and obtained all consents, approvals or authorizations of or from, any individual, corporation or other party which may be necessary to permit the consummation of the transactions contemplated hereby (including, without limitation, any consents required under the Contracts).

  • Contractual Rights The right to be indemnified or to receive advancement of Expenses under this Agreement (i) is a contract right based upon good and valuable consideration, pursuant to which Indemnitee may xxx, (ii) is and is intended to be retroactive and shall be available as to events occurring prior to the date of this Agreement and (iii) shall continue after any rescission or restrictive modification of this Agreement as to events occurring prior thereto.

  • Improper Payments Except for such matters that, individually or in the aggregate, have not had or caused and would not reasonably be expected to have or cause a Company Material Adverse Effect: (a) no funds, assets or properties of the Company or its Affiliates have been used or offered for illegal purposes; (b) no accumulation or use of any funds, assets or properties of the Company or its Affiliates has been made without being properly accounted for in the financial books and records of the Company or its Affiliates; (c) all payments by or on behalf of the Company or its Affiliates have been duly and properly recorded and accounted for in their financial books and records and such books and records accurately and fairly reflect all transactions and dispositions of the assets of the Company and its Affiliates; (d) the Company has devised and maintained systems that provide reasonable assurances that transactions are and have been executed in accordance with management’s general or specific authorization; (e) neither the Company nor any of its Affiliates, nor any director, officer, agent, employee or other Person associated with or acting on behalf of the Company or its Affiliates, has (i) used any corporate funds for any unlawful contribution, gift, entertainment or payment of anything of value relating to political activity, (ii) made any direct or indirect unlawful payment to any employee, agent, officer, director, representative or stockholder of a Governmental Authority or political party, or official or candidate thereof, or any immediate family member of the foregoing or (iii) made any bribe, unlawful rebate, payoff, influence payment, kickback or other unlawful payment in connection with the conduct of the Company’s or its Affiliates’ businesses; (f) none of the Company, any of its Affiliates or any agent of any of them has received any bribes, kickbacks or other improper payments from vendors, suppliers or other Persons; and (g) the Company has no Knowledge that any payment made to a Person would be or has thereafter been offered, given or provided to any foreign official, political party or official thereof, or to any candidate for public office.

  • Breach of Contractual Obligation Any Loan Party or any Subsidiary thereof fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any Material Contract or fails to observe or perform any other agreement or condition relating to any such Material Contract or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event occurs, the effect of which default or other event is to cause, or to permit the counterparty to such Material Contract to terminate such Material Contract; or

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