Loyalty Payments definition

Loyalty Payments means an amount payable to the Xxxxxx under a milk supply agreement because the agreement is not terminated before the end of the supply period of the agreement (whether or not the agreement describes the amount as a loyalty payment, and whether or not the payment is subject to other conditions). Levies means any levy or charge including government taxes and duties paid on your behalf by us as set out in Schedule 5. Milk means raw milk produced at the Dairy to be supplied under this agreement. Milk Price is defined in clause 4.1 (Milk Price) and includes the Minimum Price.
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Loyalty Payments means an amount payable to the Xxxxxx under a milk supply agreement because the agreement is not terminated before the end of the supply period of the agreement (whether or not the agreement describes the amount as a loyalty payment, and whether or not the payment is subject to other conditions). Levies means any levy or charge including government taxes and duties paid on your behalf by us as set out in Schedule 5. Milk means raw milk produced at the Dairy to be supplied under this agreement. Milk Price means the price payable by us for Milk as calculated in accordance with Schedule 5. Minimum Price means the lowest price payable, for a period, under the agreement for milk supplied during the period, disregarding:
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Loyalty Payments means the Productivity Incentive, the SMR Backpay and SMR Step-Ups.
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Examples of Loyalty Payments in a sentence

  • Whilst localised areas of the enlarged site are currently shown by the EA to be affected by surface water flooding (in topographic lows, along conveyance routes, and in the vicinity of the Broadmead Roundabout), the majority of the enlarged site is not affected by surface water flooding.

  • The Loyalty Payments as at the Commencement Date are set out in Schedule 2.

  • Norco may increase Loyalty Payments during the Term by notice to the Supplier.

  • Suppliers will be given notice of any change in Loyalty Payments.

  • Norco may, at its discretion, pay Loyalty Payments to the Supplier in addition to the Agreed Volume Price.

  • The representations and warranties of the Issuer contained in Section 4 shall be true and correct on and as of the Closing with the same effect as though such representations and warranties had been made on and as of the date of such Closing (other than representations and warranties that relate only to a certain date, which shall be true as of such date).

  • Loyalty Payments are payable by Norco if the Supplier continues to supply the Agreed Volume of milk during the Supply Period.

  • Loyalty Payments An incentive rate per litre payable to the Supplier because the Supplier has continuously supplied milk to Norco throughout a Guaranteed Supply Period.

  • The price payable by Norco to the Supplier for the Agreed Volume of milk that complies with the Required Specifications comprises the Agreed Volume Price Payment and, if the Supplier satisfies certain requirements, Bonus Payments and Loyalty Payments.

  • Suppliers will be given notice of any changes in the Loyalty Payments.


More Definitions of Loyalty Payments

Loyalty Payments means that payment or payments made by the Company prior to the Closing Date in an aggregate amount equal to $1,570,000 and payable to those employees of the Company as approved in writing by Buyer prior to Closing, which such consent shall not be unreasonably withheld.
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Related to Loyalty Payments

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • Payments has the meaning set forth in Section 8.11.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA. “月服务费”是指针对没有达到系统可用性 SLA 的受影响的云服务支付的月服务费（或年服务费的 1/12）。

  • Net Sales means [***].

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Contract, including any unapproved expenditures. Xxxxxxx understands and agrees that it will be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Contract. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Contract.

  • Sublicense Fees means all upfront fees, milestone payments and similar license fees received by LICENSEE from its Sublicensees in consideration for the grant of a Sublicense, but excluding:

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Progress Payments County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph

  • Sales Taxes means any sales, use, consumption, goods and services, value added or similar tax, duty or charge imposed pursuant to Applicable Law.

  • Gross Profits means the gross profits calculated under section 4;

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).