Payments & Compensation Sample Clauses

Payments & Compensation. The Parties agree that this will be a cost reimbursement Agreement based upon quarterly invoicing for periods ending in September, December, March and June. The City’s payment for the Work or for any modifications of such Work shall not exceed $218,591 unless this Agreement is amended through action of the City Council. The City shall pay the University for actual cost incurred and for the Work completed as follows: Payment shall be for the percentage completion of the tasks performed and for a maximum amount for certain reimbursable expenses, all as shown in Exhibit A.1. Payment for tasks performed and associated expenses shall not exceed the amounts for completion of each individual task as shown on Exhibit A.1 unless the tasks are modified as described hereafter. Modifications that alter the tasks by redistributing the amount of work, and/or compensation for such work, within or amongst the tasks or subtasks may be made in writing by the Project Manager or Transportation Planning Manager and shall be mutually agreed to by University. The City shall not be obligated to pay the University any payments, fees, expenses, or compensation other than those authorized by this section and shown in Exhibit A.1. Actual effort expended on the Work will be reported at the University in accordance with the University’s approved effort reporting system.
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Payments & Compensation. For and in consideration of the work, products, services, licenses or deliverables provided under this Agreement and during the term of this Agreement, subject to the limitations in this Agreement, County shall pay Engineer in accordance with the fee schedule and rates specified in this Agreement, including in the Attachments up to the total maximum amount specifically appropriated, encumbered, and then certified as available by the County Auditor.
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Payments & Compensation. For and in consideration of the work, products, services, licenses and/or deliverables provided under this Agreement and during the term of this Agreement, subject to the limitations in this Agreement, FORT BEND COUNTY shall pay XXXXXX COUNTY nothing to XXXXXX COUNTY from FORT BEND COUNTY, but XXXXXX COUNTY shall be compensated by the builder/developer paying the applicable XXXXXX COUNTY permit fees.
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Payments & Compensation. For and in consideration of the work, products, services, licenses or deliverables provided under this Agreement and during the term of this Agreement, subject to the limitations in this Agreement, County shall pay Architect in accordance with the fee schedule and rates specified in this Agreement, including in the Attachments up to the total maximum amount specifically appropriated, encumbered, and then certified as available by the County Auditor.
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Payments & Compensation 
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Related to Payments & Compensation

  • Payments, Computations, etc (a) Except as otherwise specifically provided herein, all payments hereunder shall be made to the Administrative Agent in dollars in immediately available funds, without offset, deduction, counterclaim or withholding of any kind, at the Administrative Agent’s office specified in Schedule 10.1 not later than 4:00 P.M. on the date when due. Payments received after such time shall be deemed to have been received on the next succeeding Business Day. The Administrative Agent may (but shall not be obligated to) debit the amount of any such payment which is not made by such time to any ordinary deposit account of the Borrower maintained with the Administrative Agent (with notice to the Borrower). The Borrower shall, at the time it makes any payment under this Credit Agreement, specify to the Administrative Agent the Loans, Fees, interest or other amounts payable by the Borrower hereunder to which such payment is to be applied (and in the event that it fails so to specify, or if such application would be inconsistent with the terms hereof, the Administrative Agent shall distribute such payment to the Lenders in such manner as the Administrative Agent may determine to be appropriate in respect of obligations owing by the Borrower hereunder, subject to the terms of Section 3.12(a)). The Administrative Agent will distribute such payments to such Lenders, if any such payment is received prior to 12:00 Noon on a Business Day in like funds as received prior to the end of such Business Day and otherwise the Administrative Agent will distribute such payment to such Lenders on the next succeeding Business Day. Whenever any payment hereunder shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day (subject to accrual of interest and Fees for the period of such extension), except that in the case of Eurodollar Loans, if the extension would cause the payment to be made in the next following calendar month, then such payment shall instead be made on the next preceding Business Day. Except as expressly provided otherwise herein, all computations of interest and fees shall be made on the basis of actual number of days elapsed over a year of 360 days, except with respect to computation of interest on Base Rate Loans which shall be calculated based on a year of 365 or 366 days, as appropriate. Interest shall accrue from and include the date of borrowing, but exclude the date of payment.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

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