Detention Time Sample Clauses

Detention Time. The term, “detention time,” refers to the elapsed time from the point in time at which a deck officer is relieved from duty, other than at the deck officer’s terminal of commencement, to the point in time of arrival at the deck officer’s home terminal for a relief deck officer, and to the deck officer’s terminal of commencement for a regular deck officer.
Detention Time. Carrier and Shipper agree that Carrier shall not charge Shipper for an initial period of time up to two hours that Carrier is detained at Shipper or consignee's premises for loading/unloading. After such initial two-hour period, Carrier may charge Shipper for any detention time in excess of the initial two-hour period at a rate of $60 per hour with a maximum charge of$420 for the next twenty-four hour period, and thereafter may charge Shipper a maximum charge of $250 per day for each additional twenty-four hour period. Carrier must arrive within 15 minutes of its scheduled appointment to qualify for detention time payments.
Detention Time. January 1, 2010 - Detention Time will commence after 14 hours and accrue until the end of 22 hours.
Detention Time. Provisions applicable to detention time are revised so as to provide that employees eligible to receive detention time will be paid continuous time for all time held after 15 hours at the away-from-home terminal. All other provisions and practices respecting the timing of an amount paid for detention time remain unchanged.
Detention Time. Carrier agrees that, in the event Carrier either has to wait to pick up or drop off the cargo, or if the delivery is cancelled after Carrier has been dispatched, Carrier’s damages will be capped sixty dollars ($60.00) an hour. It is agreed this is Carriers exclusive remedy and the total amount Carrier is entitled to receive by way of any such delay. In the event Carrier arrives at the pick up or drop off and is forced to wait, Carrier shall immediately notify Broker. Carrier’s right to receive ant payment occasioned as a result of any such delay is explicitly condition upon this prompt notification, and Carrier agrees the time used to compute such “detention time” shall not start until Carrier notifies Broker. For example, if carrier is forced to wait to load for two hours, but does not notify Broker until after an hour has passed, Carrier will be entitled to $60 only, and this will be Carrier’s exclusive and sole remedy.

Related to Detention Time

  • Vacation Time After the Trial Period is complete, the Employee is entitled to days off per year of which is required to be mutually benefiting of the Employer and the Employee. It is required for the Employee to give notice before scheduling their vacation in accordance with Company policy. Any unused Vacation Time shall be (check one): ☐ - Converted to cash at the end of the year at a rate of $ per day. ☐ - Eligible to rollover up to days to the next year. ☐ - Forfeited at the end of the year. ☐ - Other: .

  • Valuation Time At the close of trading of the regular trading session on the Exchange; provided that if the principal trading session is extended, the Calculation Agent shall determine the Valuation Time in its reasonable discretion.

  • Execution Time At the Execution Time, the Statutory Prospectus, each road show when taken together as a whole with the Statutory Prospectus, and any individual Written Testing-the-Waters Communication (as defined below), when taken together as a whole with the Statutory Prospectus, does not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that the Company makes no representations or warranties as to the information contained in or omitted from the Statutory Prospectus in reliance upon and in conformity with information furnished in writing to the Company by or on behalf of any Underwriter through the Representative specifically for inclusion in the Statutory Prospectus, it being understood and agreed that the only such information furnished by or on behalf of any Underwriter consists of the information described as such in Section 8(b) hereof.

  • Eastern Time The Closing shall be held at the offices of the Acquiring Fund or at such other time and/or place as the parties may agree.

  • Central Time After all Parties have been notified, the provisions of paragraphs (b) and (c) of this Section 2.1 shall apply.”

  • Business Time The Executive agrees to devote his full business time to the business and affairs of the Company and to use his best efforts to perform faithfully and efficiently the responsibilities assigned to him hereunder, to the extent necessary to discharge such responsibilities, except for:

  • Common Shares Record Date Each person in whose name any certificate for Common Shares is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares represented thereby on, and such certificate shall be dated, the date upon which the Right Certificate evidencing such Rights was duly surrendered and payment of the Purchase Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Shares transfer books of the Corporation are closed, such person shall be deemed to have become the record holder on such succeeding Business Day on which the Common Shares transfer books of the Corporation are open. Prior to the exercise of the Rights evidenced thereby, the holder of a Right Certificate shall not be entitled to any rights of a holder of Common Shares for which the Rights shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Corporation, except as provided herein.

  • The Effective Time Upon the terms and subject to the conditions set forth in this Agreement, on the Closing Date, Parent, Merger Sub and the Company will cause the Merger to be consummated pursuant to the DGCL by filing a certificate of merger in customary form and substance (the “Certificate of Merger”) with the Secretary of State of the State of Delaware in accordance with the applicable provisions of the DGCL (the time of such filing and acceptance for record by the Secretary of State of the State of Delaware, or such later time as may be agreed in writing by Parent, Merger Sub and the Company and specified in the Certificate of Merger, being referred to herein as the “Effective Time”).

  • Expiration Time The Valuation Time Expiration Dates: Each Scheduled Trading Day during the period from, and including, the First Expiration Date to, but excluding, the 100th Scheduled Trading Day following the First Expiration Date shall be an “Expiration Date” for a number of Warrants equal to the Daily Number of Warrants on such date; provided that, notwithstanding anything to the contrary in the Equity Definitions, if any such date is a Disrupted Day, the Calculation Agent shall make adjustments, if applicable, to the Daily Number of Warrants or shall reduce such Daily Number of Warrants to zero for which such day shall be an Expiration Date and shall designate a Scheduled Trading Day or a number of Scheduled Trading Days as the Expiration Date(s) for the remaining Daily Number of Warrants or a portion thereof for the originally scheduled Expiration Date; and provided further that if such Expiration Date has not occurred pursuant to this clause as of the eighth Scheduled Trading Day following the last scheduled Expiration Date under the Transaction, such Scheduled Trading Day shall be deemed to be the final Expiration Date and the Calculation Agent shall determine its good faith estimate of the fair market value for the Shares as of the Valuation Time on that eighth Scheduled Trading Day or on any subsequent Scheduled Trading Day, as the Calculation Agent shall determine using commercially reasonable means. First Expiration Date: September 15, 2027 (or if such day is not a Scheduled Trading Day, the next following Scheduled Trading Day), subject to Market Disruption Event below.

  • Performance; Time Whenever any performance obligation hereunder (other than a payment obligation) shall be stated to be due or required to be satisfied on a day other than a Business Day, such performance shall be made or satisfied on the next succeeding Business Day. In the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including”; the words “to” and “until” each mean “to but excluding”, and the word “through” means “to and including.” If any provision of this Agreement refers to any action taken or to be taken by any Person, or which such Person is prohibited from taking, such provision shall be interpreted to encompass any and all means, direct or indirect, of taking, or not taking, such action.

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