The Premium Sample Clauses

The Premium. The Customer must pay Custom House Global Foreign Exchange the Premium, where this has been included as part of the Option Contract agreement, during business hours, in accordance with Custom House Global Foreign Exchange’s instructions, two business days after the Trade (Establishment) Date. The Premium is not refundable. If the Customer does not pay the Premium in accordance with these Terms and Conditions then, in addition to any other rights it may have, Custom House Global Foreign Exchange may terminate the Option and recover all costs and expenses in relation to the Option.
The Premium. 4.1 The premium payable to MKPT will be £1,600,000 (One million, Six hundred thousand pounds), plus VAT, if applicable.
The Premium. 4.1 The Premium shall be pound 1650 million as adjusted pursuant to the following provisions of this Schedule. It shall be paid as to pound 325 million on the grant of this Lease and the remainder by ten installments (the PREMIUM INSTALLMENTS) as follows: YEAR (i) DATE FOR PAYMENT AMOUNT OF PAYMENT (Pi) 1 31 March 1997 pound 120,905,066
The Premium. Client warrants the legal existence of the purchased receivable, in particular that the receivable, as shown in the invoice, exists, is due for payment, is free from objections and defences, is assignable and is not encumbered with any third-party rights, and that this will continue to apply until collection by CF.

Related to The Premium

  • Overtime Premium Employees shall be paid at time and one-half (1½) their regular pay for the first four (4) hours of overtime in a shift and double time thereafter in that shift. Employees shall also be paid at double time their regular pay for all overtime hours worked in excess of twelve (12) hours in a two-week pay period. For the purpose of qualifying for the double time rate, actual hours worked shall be considered in the case of a call-back of less than four (4) consecutive hours. Overtime premium will not be duplicated nor pyramided nor shall other premiums be duplicated nor pyramided nor shall the same hours worked be counted as part of the normal work week and also as hours for which the overtime premium is paid. Where an employee is required to work additional overtime contiguous to an overtime shift within a twenty-four (24) hour period, the employee will be compensated at the rate of double time his or her straight time hourly rate for all additional contiguous overtime hours worked.

  • Shift Premium An employee shall be paid a shift premium of one dollar ($1.00) per hour for each hour worked which falls within the normal hours of the evening shift and one dollar and twenty-five ($1.25) cents for each hour worked which falls within the normal hours of the night shift provided that such hours exceed two (2) hours if worked in conjunction with the day shift. For purposes of this provision, the normal or standard evening and night shift each consist of 7.5 hours. For those hospitals with lesser required hours as provided for in Article 18.01, the length of the evening and night shift will be adjusted accordingly. Shift premium will not form part of the employee's straight time hourly rate.

  • REINSURANCE PREMIUM A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:

  • Weekend Premium Effective July 1, 2020, an employee shall be paid a weekend premium of one dollar and ten cents ($1.10) per hour for each hour worked between 2300 hours Friday and 2300 hours Sunday, or such other forty-eight (48) hour period as the local parties may agree upon or as defined in the Collective Agreement. If an employee is receiving premium pay pursuant to a local scheduling regulation with respect to consecutive weekends worked, the employee will not receive weekend premium under this provision.

  • Make-Whole Premium The Make-Whole Premium when due pursuant to the terms of Section 2.1.2(d); and

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • Overtime Premiums a) Time worked in excess of the standard day shift shall be paid for at time and one-half (1½) the employee’s straight time hourly rate for the first two (2) hours and two (2) times the straight time hourly rate thereafter.

  • Premium This term means the same as Reimbursement Premium.

  • Night Shift Premium All hours worked by an employee between ten (10:00) p.m. and seven (7:00) a.m. shall be considered as shift work and paid for at the applicable straight time/overtime rate plus two ($2.00) dollars per hour shift premium for each full hour worked during this period. Night-shift premium shall not be added to the employee’s hourly rate of pay for the purpose of computing overtime pay.

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.