Pro-rata refund Sample Clauses

Pro-rata refund. (a) Subject to clause 11.1, if this Agreement is terminated by Parashift under clause 14.1, Parashift will provide the School with a pro-rata refund of the Licence Fee calculated by reference to the period until the next anniversary of the Commencement Date, except for any amount equal to any subscription fees paid by Parashift for Third Party Materials that are not refundable.
AutoNDA by SimpleDocs
Pro-rata refund. In the event this Agreement is terminated for any reason, University shall pay Pepsi a pro-rated amount of all Sponsorship Funds paid to University less commission accrued but unpaid by Pepsi and any other funds owed to the University by Pepsi. Any Sponsorship Funds paid to University shall be deemed earned at an equal rate per month, notwithstanding the date of actual payment. The amount due to Pepsi shall be calculated by the number of full months remaining on the Agreement.
Pro-rata refund. Notwithstanding the above, in the event that YMCA is unable to provide nine (9) Facilities for the purpose of providing services pursuant to the terms of this Agreement, the City shall be entitled to a pro rata refund of fees based on the number of Facilities available and/or the length of use.
Pro-rata refund. In the event the candidate’s employment lasts less than ____ calendar days, and if CLIENT notifies RECRUITING FIRM in writing of the termination within ____ days thereafter, RECRUITING FIRM shall be entitled to ____ % of its fee for each day upon which candidate was employed by CLIENT, and RECRUITING FIRM shall refund the balance of the fee to CLIENT. Or a credit could be offered rather than a refund, as the following example provides: CREDIT: In the event the candidate’s employment lasts less than ____ calendar days, and if CLIENT notifies RECRUITING FIRM in writing of the termination within ____ days thereafter, RECRUITING FIRM shall credit ____ % of its fee to each of the next ____ placements it makes with CLIENT. Whether a replacement, refund, or credit guarantee is used, the recruiting firm may wish to consider making the guarantee conditional by adding language such as follows: This provision shall not apply if the candidate is laid off for lack of work, or resigns because CLIENT has significantly modified the candidate’s job duties or assigned him or her to another position. Or the guarantee could be limited just to the situations where the candidate resigns, in which case just change the beginning of the first sentence of the guarantee to read: In the event the candidate resigns his or her position in less than ____ calendar days of employment....
Pro-rata refund. In the event this License is terminated by Licensor on a date other than the anniversary of the Effective Date, and Licensee is not then in arrears of any payment required hereunder or otherwise in default of this License, Licensee shall be entitled to a pro-rata refund of the Annual License Fee paid for that year.
Pro-rata refund. (a) Subject to clause 10.1, if this Agreement is terminated by Parashift under clause 13.1, Parashift will provide the Customer with a pro-rata refund of the Licence Fee paid by the Customer calculated by reference to the period until the next anniversary of the Commencement Date, except for any amount equal to any subscription fees paid by Parashift for Third Party Materials that are not refundable.

Related to Pro-rata refund

  • Pro Rata Payments Payments to the Holders shall be pro rata with other Holders who purchased Notes in the same oRering, based on the Principal Amount of each such Note. If a Holder receives a payment in excess of his, her, or its pro rata share, the excess shall be deemed to be held in trust for the benefit of other Holders.

  • Total Contract Amount The contract total for services shall not exceed $1,200,000. Pricing shall be per Exhibit F attached.

  • Night Shift Differential 1. An employee who works an assigned night shift shall, in addition to his or her regular salary, be paid a night shift differential for each hour actually worked on the assigned night shift.

  • PRO RATA Upon termination of employment for any reason other than discharge for proven or admitted dishonesty, an employee shall receive whatever vacation pay is due, prorated on the basis of the number of straight-time hours worked, provided that the employee has been in the continuous employ of the Employer for six (6) months or longer. Said vacation pay shall be prorated according to the ratio that the straight-time hours actually worked bear to 2,080 hours. The forfeiture of vacation pay for proven or admitted dishonesty shall not be retroactive beyond the employee's last anniversary date.

  • Percentage in Lieu The eight and one-half percent (8.5%) premium is given in lieu of benefits under Articles 12 except 12.04, 14, and 17. APPENDIX “B”

  • Minimum Call-Back Time An employee who is called in and required to work outside their regular working hours shall be paid for a minimum of two (2) hours at overtime rates unless the call-in is immediately prior to their normal work day, in which case there should be no minimum.

  • Maximum Commitment The maximum aggregate amount payable by NYSERDA to the Contractor shall be the amount appearing at Item 5 of page one of this Agreement. NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Contractor in the performance and completion of the Work.

  • Change in pension value This is the change in present value of defined benefit and actuarial pension plans.

  • Maximum Contract Amount 4.4.1. Notwithstanding any other provision of this Agreement, the City’s maximum payment obligation will not exceed ($_) (the “Maximum Contract Amount”). The City is not obligated to execute an agreement or any amendments for any further services, including any services performed by the Contractor beyond that specifically described in Exhibit A. Any services performed beyond those in Exhibit A or performed outside the Term are performed at the Contractor’s risk and without authorization under this Agreement.

  • Average Log Length and Payment Reduction If the average log length for all logs delivered under this contract is less than the average log length specified in the table in clause G-024.2, The amount of allowable payment reduction shall be calculated by multiplying the payment rate in P-028.2 by the total volume delivered, and the difference between the average length of logs delivered and the average log length specified in G-024.2, times 1% as follows: Log Length Payment Reduction = (B x V x L) x (.01) 1/10th) Where: B = Bid rate from P-028.2 clause V = total delivered log Volume L = Length in feet below specified average (rounded to nearest Average log length payment reductions calculated by the Purchaser must be approved by the State, prior to payment for the final billing period. Third-party scaling organization information is required to determine Xxxxxxxx mbf and Average log length for payment reduction purposes. Average log length is determined on a piece count basis. Value of log length price reduction will be derived from the applicable sort value as described in this contract. Scale information for determining Average log length for payment reduction eligibility must be obtained from roll-out scale. Truck-ramp, sample scaling, and/or bundle scaling information is not acceptable for determining eligibility. Purchaser’s exclusive remedy for below average log lengths shall be the payment reduction described in this clause, notwithstanding other provisions in the Uniform Commercial Code.

Time is Money Join Law Insider Premium to draft better contracts faster.