COMPENSATION FOR SUSPENSION Clause Examples

COMPENSATION FOR SUSPENSION. J.3.1 Depending on the reason for suspension of the Work, the Contractor or the Owner may be due compensation by the other party. If the suspension was required due to acts or omissions of Contractor, the Owner may assess the Contractor actual costs of the suspension in terms of administration, remedial work by the Owner's forces or another contractor to correct the problem associated with the suspension, rent of temporary facilities, and other actual costs related to the suspension. If the suspension was caused by acts or omissions of the Owner, the Contractor shall be due compensation which shall be defined using Section D, Changes in Work. If the suspension was required through no fault of the Contractor or the Owner, neither party owes the other for the impact.
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COMPENSATION FOR SUSPENSION. (a) Subject to clause 19.3(b), the Operator will be entitled to reasonable compensation from the Principal (as determined by the Principal acting reasonably) as a result of a suspension effected under this clause 19. (b) The Operator's right to compensation under this clause 19.3 is subject to the following limitations: (i) the Operator will not be entitled to compensation where the suspension has been effected under clause 19.1(b), clause 19.1(c), clause 19.1(d) or clause 19.2 (to the extent any such situation, hazard or risk is caused or contributed to by the Operator) or clause 19.1(f); (ii) the compensation will only be payable if the Operator has taken all reasonable steps to mitigate its losses resulting from the suspension; and (iii) the amount of compensation payable will be reduced proportionally to the extent the Operator has caused or contributed to the event resulting in the suspension.
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COMPENSATION FOR SUSPENSION. Depending on the reason for suspension of the Work, the CM/GC or the City may be due compensation by the other party. If the suspension was required due to acts or omissions of CM/GC, the City may assess the CM/GC actual costs of the suspension in terms of administration, remedial work by the City's forces or another CM/GC to correct the problem associated with the suspension, rent of temporary facilities, and other actual costs related to the suspension. If the suspension was caused by acts or omissions of the City, the CM/GC shall be due compensation which shall be defined using Section D, Changes in Work. If the suspension was required through no fault of the CM/GC or the City, neither party owes the other for the impact.
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COMPENSATION FOR SUSPENSION. As compensation for suspension, Contractor will be reimbursed for the following items and costs, to the extent that such costs result from or are directly attributable to such suspension of Work: -------------------------------------------------------------------------------- H-41 (a) A standby charge to be paid to Contractor during the period of suspension, which standby charge will be sufficient to compensate Contractor for keeping (to the extent required in MSR's notice of suspension or Contractor's obligation to subsequently perform Work hereunder) Contractor's organization and Contractor's Equipment committed to the Mine in a standby status. Standby rates for Contractor's Equipment shall be ownership cost of the equipment calculated as set forth in Appendix E; provided, however, that for any particular piece of Contractor's Equipment such rates will not be charged for more than the regular number of hours in any 24-hour period that the particular piece of Contractor's Equipment would be used for the Work. (b) All reasonable costs associated with the demobilization and remobilization of Contractor's personnel and Contractor's Equipment. (c) Contractor will prepare and submit invoices for the foregoing in accordance with Section 5.1.1, which invoices will be paid by MSR in accordance with and subject to the provisions of Section 5.1.3.
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COMPENSATION FOR SUSPENSION. CM/GC shall be due compensation which shall be defined using Section D, Changes in Work.
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COMPENSATION FOR SUSPENSION. J.3.1 Depending on the reason for suspension of the Work, the Contractor or the Owner may be due compensation by the other party. If it was a Contractor caused suspension, the Owner may assess the Contractor actual costs of the suspension in terms of administration, remedial work by the Owner's forces or another contractor to correct the problem associated with the suspension, rent of temporary facilities, and other actual costs related to the suspension. If the suspension was caused by the Owner, the Contractor shall be due compensation which shall be defined using Section D, Changes in the Work. If the suspension was required through no fault of the Contractor or the Owner, neither party owes the other for the impact.
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COMPENSATION FOR SUSPENSION. If execution of the Works is suspended for any reason other than a Compensable Extension Event, the Operator is not entitled to any compensation in respect of the suspension. If execution of the Works is suspended for a Compensable Extension Event, then the Operator’s entitlement to compensation is set out in Clause 14.
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COMPENSATION FOR SUSPENSION. Depending on the reason for suspension of the Work, the Design-Builder or the Owner may be due compensation by the other party. If the suspension was required due to Design-Builder’s acts or omissions, the Owner may assess the Design-Builder actual costs of the suspension in terms of administration, remedial work by the Owner's forces or another contractor to correct the problem associated with the suspension, rent of temporary facilities, and other actual costs related to the suspension. If the suspension was caused by acts or
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COMPENSATION FOR SUSPENSION. As full compensation for such --------------------------- suspension, Contractor shall be reimbursed for all costs reasonably incurred as a result of the suspension, including but not limited to: 34.3.1 The reasonable costs, incurred by virtue of the suspension, for the storage and maintenance of Contractor's personnel and materials at the Site on a standby status. Compensation for equipment on standby shall be determined in accordance with Section 8.5. ----------- 34.3.2 The reasonable costs of mobilizing and demobilizing any equipment and work forces. 34.3.3 An equitable adjustment for any increase in the cost to Contractor of subsequently performing any suspended work.
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Related to COMPENSATION FOR SUSPENSION

  • Compensation for Services You may be eligible to receive compensation for providing certain services in respect of Shares of the Funds if you meet the requirements of and enter into a Dealer Services Agreement with American Funds Service Company.

  • Compensation for Overtime Assigned overtime is designated as those hours over the regular hours of work which are requested of the employee by management. Assigned overtime worked shall be paid at the rate of time and one-half (1 1/2).

  • Compensation for Services Provided As compensation for providing portfolio supervisory services in its capacity as Portfolio Supervisor, evaluation services in its capacity as Evaluator, and for providing bookkeeping and other administrative services to the Trust of a character described in Section 26(a)(2)(C) of the Investment Company Act of 1940, and to the extent that such services are in addition to, and do not duplicate, the services to be provided hereunder by the Trustee, First Trust Advisors L.P. shall receive, in arrears, against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee in the per Unit amount set forth in Part II of the Trust Agreement for the Trust, calculated based on the largest number of Units outstanding during the calendar year, except during the initial offering period as determined in Section 4.01 of this Indenture, in which case the fee is calculated based on the largest number of Units outstanding during the period for which the compensation is paid (such annual fee to be pro rated for any calendar year in which First Trust Advisors L.P. provides services described herein during less than the whole of such year). Such fee may exceed the actual cost of providing such services for the Trust, but at no time will the total amount received for such services rendered to unit investment trusts of which the Depositor is the sponsor in any calendar year exceed the aggregate cost to First Trust Advisors L.P. of supplying such services in such year. Such compensation may, from time to time, be adjusted provided that the total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase after the date hereof in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled "All Services Less Rent of Shelter" or similar index, if such index should no longer be published. The consent or concurrence of any Unit holder hereunder shall not be required for any such adjustment or increase. Such compensation shall be paid by the Trustee, upon receipt of an invoice therefor from First Trust Advisors L.P., which shall constitute the representation by First Trust Advisors L.P. that the bookkeeping and administrative services for which compensation is claimed are properly compensable hereunder and that the aggregate cost incurred by First Trust Advisors L.P. of providing portfolio supervisory, evaluation and bookkeeping and administrative services hereunder was not less than the compensation claimed, upon which representation the Trustee may conclusively rely. Such compensation shall be charged against the Income and/or Capital Accounts in accordance with Section 3.05. If the cash balance in the Income and Capital Accounts shall be insufficient to provide for amounts payable pursuant to this Section 4.03, the Trustee shall have the power to sell (i) Securities from the current list of Securities designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Securities have been so designated, such Securities as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 4.03. Any moneys payable to First Trust Advisors L.P. pursuant to this Section 4.03 shall be secured by a lien on the Trust prior to the interest of Unit holders, but no such lien shall be prior to any lien in favor of the Trustee under the provisions of Section 6.04 herein.

  • 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.

  • Compensation for Basic Services 6.1.1 Compensation for Basic Services as described in Section 3.1 and 3.2 shall be as set forth in Article 11.