Qualifying Contracts Sample Clauses
The "Qualifying Contracts" clause defines which agreements or arrangements meet specific criteria set out in the main contract. Typically, this clause outlines the characteristics or requirements a contract must satisfy—such as being with approved counterparties, meeting certain legal or financial standards, or falling within a particular scope—to be considered a qualifying contract. For example, only contracts executed after a certain date or those that adhere to regulatory requirements might be included. Its core practical function is to ensure that only appropriate and compliant contracts are recognized for the purposes of the agreement, thereby reducing ambiguity and managing risk.
Qualifying Contracts. An existing Qualifying Contract may be added to the MPSA in order to obtain an advantageous price level.
Qualifying Contracts. “Qualifying Contracts” are those Group Subscribers under Group Contracts that are attributed to the Agent in accordance with this definition, and are then used to determine the Net Growth Bonus.
Qualifying Contracts. Company service contracts with terms of twelve (12) months or longer which were sold by Dealer pursuant to the Dealer Agreement and which have not been cancelled and fully (100%) refunded, in addition to those service contracts sold prior to the Dealer Agreement which have subsequently been transferred to the Company as obligor and which have not been cancelled and fully (100%) refunded. Certain information has been excluded because it both (i) is not material and (ii) would be competitively harmful if publicly disclosed.
Qualifying Contracts. Using the Net Growth Bonus calculation in Formula 2, multiply the appropriate Per Contract Rate by the Ending # of Weighted Adjusted Qualifying Contracts to determine the Net Growth Bonus. Fully Insured Groups 100% Included Not Available Not Available 5% 5% 5% 5% Self-Insured Groups 50% 30% 20% 10% 5% 5% 5% 5% ( Ending # of Weighted Qualifying Contracts / Beginning # of Weighted Qualifying Contracts ) X 100 = Net Growth % 1000+ $25 $55 $75 $85 $95 $110 $125 500-999 $20 $45 $60 $70 $80 $90 $100 200-499 $15 $35 $45 $55 $60 $65 $75 Contract Rate X Ending # of Weighted Adjusted Qualifying Contracts = Net Growth Bonus
Qualifying Contracts. For purposes of this Article XI, a "Qualifying Contract" shall mean a customary DYM software maintenance agreement with a term of at least one year, entered into during the Earn-Out Period between the Surviving Corporation and an existing customer of DYM (including those purchasers of DYM's products sold under the name "Quest" by KLA-Tencor) as of April 1, 2002, with such contract providing for no less than $45,000 in annual revenues payable to the Surviving Corporation.
Qualifying Contracts. Agent agrees that it will not create partnerships or use other devices as a means of combining business for purpose of receiving bonus payments. Insurer may require evidence related to legal entity status.
Qualifying Contracts. The Contracts attributed to the Agency that are used to determine the Persistency Level. Except to the extent adjusted below, Qualifying Contracts include all insured and self-insured group medical Contracts for which premium payments are current.
Qualifying Contracts. The Contract is valid and genuine and correctly and fully states the terms of the transaction between Company and Obligor; each signature on the Contract and/or on all other documents is genuine; and each Obligor has, at the time of entering into the Contract, the full legal capacity to enter into the Contract and none of the Obligors are minors or incompetent.
Qualifying Contracts. (a) For purposes of this section, a "Qualifying Contract" shall be defined as a Player Contract signed by a Qualifying Player that (i) covers only a single League Year and (ii) contains no terms that affect compensation in any way other than (1) the appli cable minimum Paragraph 5 Salary, (2) up to $50,000 in "Additional Compensation" (e.g., signing bonus allocation, roster bonus, reporting bonus, or any incentive ("likely to be earned" or not» , and/ or (3) a guarantee for Salary and/ or Salary advance of up to the Minimum Salary for a player with two Credited Seasons. A Qualifying Contract may not be extended or renegotiated in any manner. Split contracts, if they otherwise qualify, may be Qualifying Contracts. Thus, for example, a contract that includes an option year is not a Qualifying Contract.
(b) The maximum amount of Additional Compensation in (2) above shall be increased to $65,000 for the 2012-14 League Years, to $80,000 for the 201 5-17 League Years, and $90,000 for the 201 8-20 League Years.
(c) If the player's prior contract was terminated, he is eligible to sign a Quali- fying Contract if he does not earn more than maximum amount of Additional Compensation less the amount of any Additional Compensation and/or guaranteed Salary earned during that League Year under the terminated years of his prior contract(s), but his combined compensation from the terminated contract(s) earned for that League Year and the Qualifying Contract cannot exceed the applicable minimum for that League Year plus the maximum amount of Additional Compensation.