Breach and Compensation Sample Clauses

Breach and Compensation. 7.1 Any breach of any article of the agreement directly or indirectly or no commitment or commitment out of time insufficiently to the obligations of the agreement shall constitute breach of the contract. The party that observes the contract shall have the right to request the breaching party by written notice to make corrections to its breaching actions and avoid the bad result with sufficient, effective and timely measures taken, and to compensate for the losses of the non-breaching party due to its breaching actions.
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Breach and Compensation. 9.1 Any direct or indirect violation of any term of this agreement or failure to undertake the obligations under this agreement in a timely, complete, and sufficient manner constitutes a breach. The non-breaching party (“Non-breaching Party”) has the right to request the breaching party (“Breaching Party”) to rectify the breach through written notice, take effective and timely measures to eliminate the consequences of the breach, and compensate the Non-breaching Party for the losses suffered as a result of the breach. If the Breaching Party does not rectify the breach within fifteen working days after receiving the Non-breaching Party’s notice of the breach, the Non-breaching Party has the right to terminate this agreement upon written notice.
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Breach and Compensation. After Party A and Party B sign the contract, and Party B has paid down payment and security deposit, if Party A fails to provide Party B with leased house, Party B has the right to recover the rent for the period delay in living until this contract is terminated. During contract period, without written consent of Party B, if Party A announces to increase rent unilaterally, Party B has the right to reject to pay the part of rent higher than amount stated in this contract. During contract period, if either party wishes to early terminate this contract unilaterally, it shall notify the other party in writing one month in advance, and shall cooperate Party A to find new lessee during such one month. When Party B violates clauses herein, Party A shall be entitled to investigate default liability of Party B, and demand to compensate loss until this contract is terminated.
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Breach and Compensation. 10.1 In the event the Transferee cannot pay the payment stipulated in Article 4, the Transferee shall pay the Transferor the penalty that is 0.3‰/ day of the deferral amount.
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Breach and Compensation. Both parties should comply with the Agreement. Either party breach the Agreement, and cause losses to the other Party, the other Party shall have the right to terminate the Agreement and require the default party to indemnify its losses.
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Breach and Compensation. 16.1 After the execution of this Contract between Party A and Party B and the payment of deposit by Party B determined in this Contract, if the irresistible natural disaster causes the termination of this Contract, the Parties shall not claim the compensation to each other. Party A shall reimburse the deposit and other deposits to Party B.
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Breach and Compensation. 7.1 The indemnification that the breaching party makes to the non-breaching party shall include any direct economic losses and any predictable indirect losses or excess expenses that occur to the non-breaching party due to violation of the Agreement by the breaching party, including but not limited to attorney fees, legal costs, arbitration fees, financial expenses, travel expenses and etc.
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Breach and Compensation. 7.1 Where Party B fails to deliver in time according to the regulations of this Contract, Party B shall pay the penalty amounting to 0.05% of the prices of the delayed goods for each day overdue since the next day after the delivery deadline, and compensate the actual losses suffered by Party A. Where Party B’s delayed delivery constitutes the fundamental breach, Party A is entitled to issue the Contract Termination Letter to Party B, and this Contract will be terminated legally on the date when that Letter arrives at Party B, which shall also compensate the losses suffered by Party A.
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Related to Breach and Compensation

  • Services and Compensation Consultant agrees to perform for the Company the services described in Exhibit A (the “Services”), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.

  • Other Compensation The Company may, upon recommendation of the Compensation Committee, award to the Executive such other bonuses and compensation as it deems appropriate and reasonable.

  • Expenses and Compensation Except for expenses specifically assumed or agreed to be paid by the Portfolio Manager under this Agreement, the Portfolio Manager shall not be liable for any expenses of the Portfolio or the Trust, including, without limitation: (i) interest and taxes; (ii) brokerage commissions and other costs in connection with the purchase and sale of securities or other investment instruments with respect to the Portfolio; and (iii) custodian fees and expenses. For its services under this Agreement, Portfolio Manager shall be entitled to receive a fee, which fee shall be payable monthly in arrears at the annual rate of 0.45% of the average daily net assets of the Account.

  • Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.

  • Employees and Compensation Schedule 3.12 contains a true and complete list of all employees of the Station, their job description, date of hire, salary and amount and date of last salary increase. Schedule 3.12 also contains a true and complete list as of the date of this Agreement of all employee benefit plans or arrangements applicable to the employees of the Station and all fixed or contingent liabilities or obligations of Seller with respect to any person now or formerly employed by Seller at the Station, including pension or thrift plans, individual or supplemental pension or accrued compensation arrangements, contributions to hospitalization or other health or life insurance programs, incentive plans, bonus arrangements, and vacation, sick leave, disability and termination arrangements or policies, including workers' compensation policies, and a description of all fixed or contingent liabilities or obligations of Seller with respect to any person now or formerly employed at the Station or any person now or formerly retained as an independent contractor at the Station.

  • Your Compensation (a) Your fee, if any, for acting as agent with respect to sales of Portfolio shares will be as provided in the Prospectus or in the applicable schedule of agency fees issued by us and in effect at the time of the sale. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of agency fees, or issue a new schedule. (b) If a Portfolio has adopted a plan pursuant to Rule 12b-1 under the Investment Company Act of 1940 (a "Plan"), we may make distribution payments or service payments to you under the Plan. If a Portfolio does not have a currently effective Plan, we or Fidelity Management & Research Company may make distribution payments or service payments to you from our own funds. Any distribution payments or service payments will be made in the amount and manner set forth in the Prospectus or in the applicable schedule of distribution payments or service payments issued by us and then in effect. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of distribution payments or service payments, or issue a new schedule. A schedule of distribution payments or service payments will be in effect with respect to a Portfolio that has a Plan only so long as that Portfolio's Plan remains in effect. (c) After the effective date of any change in or discontinuance of any schedule of agency fees, distribution payments, or service payments, or the termination of a Plan, any agency fees, distribution payments, or service payments will be allowable or payable to you only in accordance with such change, discontinuance, or termination. You agree that you will have no claim against us or any Portfolio by virtue of any such change, discontinuance, or termination. In the event of any overpayment by us of any agency fee, distribution payment, or service payment, you will remit such overpayment. (d) If, within seven (7) business days after our confirmation of the original purchase order for shares of a Portfolio, such shares are redeemed by the issuing Portfolio or tendered for redemption by the customer, you agree (i) to refund promptly to us the full amount of any agency fee, distribution payment, or service payment paid to you on such shares, and (ii) if not yet paid to you, to forfeit the right to receive any agency fee, distribution payment, or service payment payable to you on such shares. We will notify you of any such redemption within ten (10) days after the date of the redemption. 4.

  • Other Compensation and Fringe Benefits In addition to any executive bonus, pension, deferred compensation and long-term incentive plans which Company or an affiliate of Company may from time to time make available to Employee, Employee shall be entitled to the following during the Employment Term:

  • Other Compensation or Benefits You acknowledge that, except as expressly provided in this Agreement, you will not receive any additional compensation, severance or benefits after the Separation Date.

  • Other Compensation and Benefits Except as may be provided under this Agreement,

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

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