Restriction on cash compensation Sample Clauses

Restriction on cash compensation. The Parties acknowledge and agree that the demand for cash compensation under this Article 37 shall be restricted to the effect of Change in Law during the respective Accounting Year and shall be made at any time after commencement of such year, but no later than one year from the close of such Accounting Year. Any demand for cash compensation payable for and in respect of any subsequent Accounting Year shall be made after the commencement of the Accounting Year to which the demand pertains, but no later than two years from the close of such Accounting Year.
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Restriction on cash compensation. The Parties acknowledge and agree that there shall be NO demand for cash compensation under this Article due to the effect of Change in Law during the respective Accounting Year.
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Restriction on cash compensation. The Parties acknowledge and agree that the demand for cash compensation# under this Article 34 shall be restricted to the effect of Change in Law during the respective Accounting Year and shall be made at any time after commencement of such year, but no later than 1 (one) year from the close of such Accounting Year. Any demand for cash compensation payable for and in respect of any subsequent Account Year shall be made after the commencement of the Accounting Year to which the demand pertains, but no later than 2 (two) years from the close of such Accounting Year. No Claim in the event of recovery from users Notwithstanding anything to the contrary contained in this Agreement, the Authority shall not in any manner be liable to reimburse to the Concessionaire any sums on account of a Change in Law if the same are recoverable from the Users. # Cash Compensation to include digital payments
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Restriction on cash compensation. The Parties acknowledge and agree that the demand for cash compensation under this Article 35 shall be restricted to the effect of Change in Law during the respective ConcessionYear and shall be made at any time after commencement of such year, but no later than one year from the close of such ConcessionYear. Any demand for cash compensation payable for and in respect of any subsequent ConcessionYear shall be made after the commencement of the ConcessionYear to which the demand pertains, but no later than 2 (two) years from the close of such ConcessionYear.
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Restriction on cash compensation. 60 32.5 No Claim in the Event of Recovery from Users 61 ARTICLE 33 62 LIABILITY AND INDEMNITY 62 33.1 General indemnity 62 33.2 Indemnity by the Developer 62 33.3 Notice and Contest of Claims 63 33.4 Defense of Claims 63 33.5 No Consequential Claims 64 33.6 Survival on Termination 64 ARTICLE 34 65 RIGHTS AND TITLE OVER THE SITE 65 34.1 License Rights 65 34.2 Access Rights of the SH&DB and Others 65 ARTICLE 35 66 DISPUTE RESOLUTION 66 35.1 Dispute Resolution 66 35.2 Conciliation 66 35.3 Arbitration 66 35.4 Adjudication by Regulatory Authority or Commission or Tribunal 66 ARTICLE 36 67 DISCLOSURE 67 36.1 Disclosure of Specified Documents 67 36.2 Disclosure of Documents Relating to Safety 67 ARTICLE 37 68 MISCELLANEOUS 68 37.1 Governing Law and Jurisdiction 68 37.2 Waiver of Immunity 68 37.3 Delayed Payments 68 37.4 Waiver 68 37.5 Liability for Review of Documents and Drawings 68 37.6 Exclusion of Implied Warranties etc 69 37.7 Survival 69 37.8 Entire Agreement 69 37.9 Severability 69 37.10 No Partnership 69 37.11 Third Parties 70 37.12 Successors and Assigns 70 37.13 Notices 70 37.14 Language 70 37.15 Counterparts 70 ARTICLE 38 71 DEFINITIONS 71 38.1 Definitions 71 AGREEMENT THIS Agreement (the “Agreement”) is entered into on this the day of , 20 BETWEEN SIKKIM HOUSING & DEVELOPMENT BOARD, a body corporate constituted by Xxxxxx Xxxxxxx & Xxxxxxxxxxx Xxxxx Xxx, 0000 represented by Secretary, Sikkim Housing & Development Board and having its principal office at Awas Bhawan, Church Road, Gangtok, East Sikkim- 737101 (hereinafter referred to as the “SH&DB”, which expression shall, unless repugnant to the context or meaning thereof, include its administrators, successors and assigns) of One Part; AND , a company registered under Companies Act, 2013/1956 and having its registered office at , represented by its Director/ officer duly authorized by board resolution dated (hereinafter referred to as the “Developer” which expression shall, unless repugnant to the context or meaning thereof, include its successors and permitted assigns and substitutes) of the Other Part.
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Related to Restriction on cash compensation

  • RESTRICTION ON OUTSIDE EMPLOYMENT 55.01 Unless otherwise specified by the Employer as being in an area that could represent a conflict of interest, employees shall not be restricted in engaging in other employment outside the hours they are required to work for the Employer.

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  • Extra Compensation 1. CTSO Advisors will be paid twenty-five ($25) per hour (capped at eight (8) hours per day) for non-discretionary CTSO activities (e.g., conferences, conventions, and competitions) involving students on days not scheduled as part of the regular school year calendar.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Special Compensation The Company shall pay to the Executive a lump sum equal to three times the sum of (a) the highest per annum base rate of salary in effect with respect to the Executive during the three-year period immediately prior to the termination of employment plus (b) the Highest Bonus Amount. Such lump sum shall be paid by the Company to the Executive within ten business days after the Executive's termination of employment, unless the provisions of Section 3(e) below apply. The amount of the aggregate lump sum provided by this Section 3(c), whether paid immediately or deferred, shall not be counted as compensation for purposes of any other benefit plan or program applicable to the Executive.

  • Injury Compensation Employees covered by this Agreement shall be covered by Subchapter I of Chapter 81 of Title 5, and any amendments thereto, relating to compensation for work injuries. The Employer will promulgate appropriate regulations which comply with applicable regulations of the Office of Workers’ Compensation Programs and any amendments thereto.

  • REFUND OF UNEARNED COMPENSATION The Party of the Second Part agrees to refund the Party of the First Part any compensation received for which no services were rendered. TERMINATION: This contract may be terminated by either party pursuant to law. OTHER CONDITIONS: Any subsequent contracts shall supersede the provisions of this contract. Student Achievement and Accountability instructional staff may be required to serve students in more than one location. Given this, the 15TH OF SEPTEMBER, 2016. PARTIES: The Fort Xxxxx School District 100, Party of the First Part, and XXXXXXX X. XXXXXX Party of the Second Part, agree as follows:

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  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

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