Takeback Sample Clauses

A Takeback clause allows a party to reclaim or recover certain rights, property, or benefits previously granted under a contract if specific conditions are met. In practice, this might apply to intellectual property rights, licenses, or assets that revert to the original owner if the other party fails to meet obligations, such as payment or performance milestones. The core function of a Takeback clause is to protect the granting party by providing a mechanism to regain control or ownership in the event of non-compliance or breach, thereby reducing risk and ensuring accountability.
POPULAR SAMPLE Copied 1 times
Takeback. If the AD received commission for a Product subject to this Section 12.0, and the customer discontinues the Product for any reason, Takeback applies. The amount of Takeback is based upon the length of time the customer retained the service and if the sale was a term contract: a) if the customer discontinues the Product during the first fifty percent (50%) of the contract term, the Takeback amount will be prorated to the length of time remaining on the customer's contract; b) if the customer discontinues a month-to-month subscription of the Product within sixty (60) days of installation, the Takeback will equal one-hundred percent (100%) of the Upfront Commission Payment. Residual Commission Payments cease when a contract is discontinued.
View SourceView Similar (3)
Takeback. If the Sales Representative received commission for a Product subject to this Section 7.0, and the customer discontinues the Product for any reason, Takeback applies. If the customer discontinues a Product within one-hundred and eighty days after the Completed Order date, the Takeback will equal one-hundred percent (100%) of the Upfront Commission Payment. Residual commissions cease effective the date the customer cancels the product. Effective January 1, 1999 Confidential and Proprietary Information of Ameritech. Not to be disclosed to another party without prior written consent of Ameritech Exhibit D Code of Business Conduct Exhibit D CODE OF BUSINESS CONDUCT This is Exhibit D to the Authorized Internet Solutions Sales Representative Agreement Between Telecomm Industries, Inc. ("Sales Representative") and Ameritech effective January 1, 1999, and this Exhibit is incorporated into the Agreement by reference.
View Source
Takeback. If the AD received commission for a Product subject to this Section 13.0, and the customer discontinues the Product for any reason, Takeback applies. If the customer discontinues a Product within one-hundred and eighty days after the Completed Order date, the Takeback will equal one-hundred percent (100%) of the Upfront Commission Payment. Residual commissions cease effective the date the customer cancels the product. 14.0 1 800-CONFERENCE 14.1 Commission Payment Schedule. Sales of 1-800-CONFERENCE consist only of an Upfront Commission Payment, and no Residual Payment applies.
View SourceView Similar (2)
Takeback. The Upfront Commission Payment is subject to Takeback in the event the customer discontinues a service (for any or no reason) for which AD received commission in the past. The Takeback amount will be based upon the length of time the customer retained the service and whether the sale was under a term contract: a) If the sale is a term contract, and the service is discontinued within the first fifty percent (50%) of the contract term, the amount of Takeback will be prorated to the length of time remaining on the customer's contract. b) If the sale was a month-to-month subscription, and the customer discontinues the service within sixty (60) days of the Completed Order date, the Takeback amount will equal one hundred percent (100%) of the commission paid. Residual Commission Payments cease when a service is discontinued.
View SourceView Similar (2)
Takeback. If the AD received commission for a Product subject to this Section 9.0, and the customer discontinues the Product for any reason within one hundred and eighty (180) days after the Completed Order date, Takeback applies, and the amount of takeback equals one hundred percent (100%) of the commission paid to AD.
View SourceView Similar (2)
Takeback. The Upfront Commission Payment is subject to Takeback in the event the customer discontinues a service (for any or no reason) for which Sales Representative received commission in the past. The Takeback amount will be based upon the length of time the customer retained the service and whether the sale was under a term contract: a) If the sale is a term contract, and the service is discontinued within the first fifty percent (50%) of the contract term, the amount of Takeback will be prorated to the length of time remaining on the customer's contract. Effective January 1, 1999 Confidential and Proprietary Information of Ameritech. Not to be disclosed to another party without prior written consent of Ameritech b) If the sale was a month-to-month subscription, and the customer discontinues the service within sixty (60) days of the Completed Order date, the Takeback amount will equal one hundred percent (100%) of the commission paid. Residual Commission Payments cease when a service is discontinued.
View Source

Related to Takeback

  • Unamplified MD [ 1/15/1996 - lambda [...***...] on-site 105829 *

  • Aggravating and Mitigating Factors The penalties in this matter were determined in consideration of all relevant circumstances, including statutory factors as described in CARB’s Enforcement Policy. CARB considered whether the violator came into compliance quickly and cooperated with the investigation; the extent of harm to public health, safety and welfare; nature and persistence of the violation, including the magnitude of the excess emissions; compliance history; preventative efforts taken; innovative nature and the magnitude of the effort required to comply, and the accuracy, reproducibility, and repeatability of the available test methods; efforts to attain, or provide for, compliance prior to violation; action taken to mitigate the violation; financial burden to the violator; and voluntary disclosure. The penalties are set at levels sufficient to deter violations, to remove any economic benefit or unfair advantage from noncompliance, to obtain swift compliance, and the potential costs, risks, and uncertainty associated with litigation. Penalties in future cases might be smaller or larger depending on the unique circumstances of the case.

  • Primary Frequency Response Developer shall ensure the primary frequency response capability of its Large Generating Facility by installing, maintaining, and operating a functioning governor or equivalent controls. The term “functioning governor or equivalent controls” as used herein shall mean the required hardware and/or software that provides frequency responsive real power control with the ability to sense changes in system frequency and autonomously adjust the Large Generating Facility’s real power output in accordance with the droop and deadband parameters and in the direction needed to correct frequency deviations. Developer is required to install a governor or equivalent controls with the capability of operating: (1) with a maximum 5 percent droop ± 0.036 Hz deadband; or (2) in accordance with the relevant droop, deadband, and timely and sustained response settings from an approved Applicable Reliability Standard providing for equivalent or more stringent parameters. The droop characteristic shall be: (1) based on the nameplate capacity of the Large Generating Facility, and shall be linear in the range of frequencies between 59 and 61 Hz that are outside of the deadband parameter; or (2) based on an approved Applicable Reliability Standard providing for an equivalent or more stringent parameter. The deadband parameter shall be: the range of frequencies above and below nominal (60 Hz) in which the governor or equivalent controls is not expected to adjust the Large Generating Facility’s real power output in response to frequency deviations. The deadband shall be implemented: (1) without a step to the droop curve, that is, once the frequency deviation exceeds the deadband parameter, the expected change in the Large Generating Facility’s real power output in response to frequency deviations shall start from zero and then increase (for under-frequency deviations) or decrease (for over-frequency deviations) linearly in proportion to the magnitude of the frequency deviation; or (2) in accordance with an approved Applicable Reliability Standard providing for an equivalent or more stringent parameter. Developer shall notify NYISO that the primary frequency response capability of the Large Generating Facility has been tested and confirmed during commissioning. Once Developer has synchronized the Large Generating Facility with the New York State Transmission System, Developer shall operate the Large Generating Facility consistent with the provisions specified in Articles 9.5.5.1 and 9.5.5.2 of this Agreement. The primary frequency response requirements contained herein shall apply to both synchronous and non-synchronous Large Generating Facilities.

  • STUDENT SAFETY The Parties agree that when a Student attending a College facility expresses to any College employee a suicidal intention or a threat of physical harm to others, a protocol to be agreed prior to the effective date of this MOU will be executed. The protocol will prioritize ensuring that the Student does not pose a threat to self or others. The College will prioritize transitioning management of the issue to School District, the parent / guardian of the student or the most appropriate authority or entity to address the crisis at hand. Often the College Police Department will assess the situation and coordinate that transition with its School District counterpart. School District designates College as its agent under any applicable statutory authority or parent / guardian consent to treatment for the limited purpose of this crisis-response intervention. When on the College campus, Students will follow the policies and procedures of the College to ensure the safety and well-being of the fellow classmates, faculty, staff and visitors. The Colleges will develop standard protocols for various emergency situations. To ensure safety precautions, the College enrolls all students, faculty and staff, including Students in Dual Credit programs, into emergency alert messages. These messages are sent to all groups mentioned via the College email, robocalls and text messages to the telephones listed in the system of record. Alamo Colleges District is subject to legislation requiring it to allow licensees to carry concealed handguns on its campuses effective August 1, 2017, and Students will potentially encounter license holders availing themselves of this privilege. Any notice of these facts to parents of Students will be the responsibility of the School District. Students traveling for College events will be required to sign an Alamo Colleges District General Participation Release as a condition of participation as is required of all students from each of the Colleges of the Alamo Colleges District.

  • PayPal’s Buyer Protection Program When you buy something from a seller who accepts PayPal, you may be eligible for a refund under PayPal’s Buyer Protection program. When applicable, PayPal’s Buyer Protection program entitles you to reimbursement for the full purchase price of the item plus the original shipping costs you paid, if any. PayPal determines, in its sole discretion, whether your claim is eligible for PayPal’s Buyer Protection program. PayPal’s original determination is considered final, but you may be able to file an appeal of the decision with PayPal if you have new or compelling information not available at the time of the original determination or you believe there was an error in the decision-making process. The program terms and conditions are set out in PayPal’s Buyer Protection program page and form part of this user agreement.