Salary Cap Payments definition

Salary Cap Payments means, in relation to a particular Provincial Union, the aggregate of the following in a particular Contract Year during the Term:
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Examples of Salary Cap Payments in a sentence

  • For the avoidance of doubt, the Player shall not be available for selection for the Super Rugby Club by virtue of such payments under this clause, the payments will not be paid out of the Player Payment Pool and do not count towards the Provincial Union’s Salary Cap Payments.

  • This additional cost to the Provincial Union will not count towards that Provincial Union’s Salary Cap Payments or affect the level of Salary Cap discount of that Player.

  • As soon as practical following the Salary Cap Final Audit Date in each Contract Year during the Term the NZRU will provide the RPC with a statement which in respect of each Provincial Union confirms the amount, make-up and calculation of all Salary Cap Payments that the Provincial Union made or extended in that Contract Year.

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  • For the avoidance of doubt, the Player shall not be available for selection for the Super Rugby Franchise by virtue of such payments under this clause, the payments will not be paid out of the Player Payment Pool and do not count towards the Provincial Union’s Salary Cap Payments.