Rental Period/Cycle Sample Clauses

Rental Period/Cycle. For all Motor Carrier Moves, Motor Carrier shall pay Operator the rental rate from the date that the Equipment is released to a Motor Carrier on a Motor Carrier Move or when the Equipment is at Motor Carrier’s request loaded with cargo pursuant to a Motor Carrier Move, whichever is earlier (the “Removal Time”). The rental rate will accrue from the Removal Time until the time that the Equipment returns and/or is received at the Terminal (the “Rental Period or Cycle”). All rental rates under this Agreement shall be calculated on a per diem basis measured by calendar days commencing with the Removal Time and concluding at the time that the Rental Period or Cycle ends. Any partial day period shall be treated as a full calendar day for which a “per diem” rate shall apply. If the Equipment is returned in a condition which requires repairs or replacement of parts for which Motor Carrier is responsible hereunder, the Rental Period shall be deemed to include the time reasonably required for Operator or Owner to effect the necessary repairs or replacements, such period to be not less than one (1) day. Operator’s current Equipment rental rates are set forth below in Schedule No. 1. The rental rates may be amended from time to time by Operator upon notice to Motor Carrier.
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Related to Rental Period/Cycle

  • Rental Period (a) Renter has the right to use the rental vehicle (“Vehicle”) until the return date indicated on the Rental Agreement Summary ("Rental Period").

  • Meal Period A Contractor shall schedule an unpaid period of not more than 1/2 hour duration at the work location between the 3rd and 5th hour of the scheduled shift. A Contractor may, for efficiency of operation, establish a schedule which coordinates the meal periods of two or more crafts. If an employee is required to work through the meal period, the employee shall be compensated in a manner established in the applicable Schedule A.

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • CONTRACT RENEWAL PERIOD FURNITURE ADDITIONS/DELETIONS: Contractors wishing to make furniture additions/changes to their contract during the contract period should be aware of the following additions/changes will be allowed only once during a contract period. No changes to discount percentages are allowed during this contract period. Additions/changes must be submitted during the contract renewal period. When requesting additions and/or changes; contractor shall submit a request either by letter or via email which shall include a list of all items being proposed for addition and/or change. Contractor shall submit all required documents supporting any new items. Product literature for all new items shall also be submitted with the request. Contractor is responsible for submitting a complete name, address, email address, phone and fax numbers when a new dealer is added.

  • Lease Period The lease period of the Finance Lease Agreement I is 36 months, which commenced on October 28, 2022. The lease period of the Finance Lease Agreement II is 36 months, which shall commence on July 31, 2023.

  • Leave Year The leave year begins with the first full payroll period of a calendar year and ends with the payroll period in which December 31st falls.

  • Listing Period Extension The Commission shall be due if the Property is sold, conveyed, exchanged, optioned, or otherwise transferred within _ _ days (“Extension Period”) after the expiration of the Listing Period to anyone with whom the Broker or Agency has negotiated unless the Property is listed, in good faith, with another real estate agency. The term “negotiation” shall include providing information about the Property, showing the Property, or presenting an offer on the Property. All rights under this Section shall terminate upon the expiration of the Extension Period.

  • Benefit Waiting Period Allowance (a) An employee who qualifies for and takes leave pursuant to 21.1 or 21.2 and is required by Employment Insurance to serve a one-week waiting period for Employment Insurance Maternity/Parental benefits, shall be paid a leave allowance equivalent to one week at 85% of the employee's basic pay.

  • Vacation Periods Vacation schedules will be set by the employee’s immediate supervisor(s) and sent to the Office of Human Resources for approval. Employees may request a particular period for vacation. Vacation days may not be taken in advance of their accrual. Those employees who are on a 12-month teacher contract are paid during Spring Break and Winter Recess, however, are not expected to be in attendance or perform duties during those breaks.

  • week period If an employee fails to return at the end of the family care or medical leave, the CSU may require repayment of insurance premiums paid during the unpaid portion of the leave. The CSU shall not require repayment of premiums if the employee's failure to return is due to his/her serious health condition or due to circumstances beyond the employee's control.

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