Calculation of Payment Amount Sample Clauses

Calculation of Payment Amount. The amount of the Gross-Up Payment shall be determined as follows: (1) The determination will be made by independent accountants and/or tax counsel (the “consultant”) selected by the Company with the Executive’s consent (which consent will not be unreasonably withheld). The Company shall pay all of the consultant’s fees and expenses. (2) As part of this determination, the consultant will provide the Company and the Executive with a detailed analysis and supporting calculations of: (A) The extent to which any payments or benefits paid or payable to the Executive are subject to Code § 280G (including the reasonableness of any compensation provided for services rendered before or after the Change in Control); and (B) The calculation of the excise tax under Code § 4999. (3) The consultant may make such assumptions and approximations concerning applicable tax rates and rely on such interpretations regarding the application of Code §§ 280G and 4999 as it deems reasonable. The Company and the Executive will provide the consultant with any information or documentation the consultant may reasonably request.
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Calculation of Payment Amount. The Agency will calculate the amount of payment owed to each Physician pursuant to the terms of this Contract, based on the start and stop times each Physician has recorded in their respective invoice set out at EXHIBIT A TO APPENDIX 2, using a 15 minute increment or parts thereof.
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Calculation of Payment Amount. The amount of the Gross-Up Payment shall be determined as follows: (1) The determination will be made by independent accountants and/or tax counsel (the "consultant") selected by the Company with the Executive's consent (which consent will not be unreasonably withheld). The Company shall pay all of the consultant's fees and expenses.
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Calculation of Payment Amount. Payment of DCUs earned (as determined in Section 3(b) above) shall be settled in cash with the amount equal to the product of (i) $1.00 U.S. and (ii) the number of DCUs earned.
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Calculation of Payment Amount. Following the Expiration Date the parties shall calculate the Payment Amount based upon audited Financial Statements which shall be reviewed by independent public accountants. Any disputes regarding the calculation of Cumulative Cash Flow or the Payment Amount and the preparation of audited financial statements in connection with said calculations shall be resolved in accordance with Sections 14 and 15 hereof. The parties acknowledge and agree that the Payment Amount is based on a cumulative test of Cash Flow over a five-year period ending on the Expiration Date. Accordingly, no determination of amounts due Old Imperial hereunder can be made until after the Expiration Date and, therefore, the Companies shall have no payment obligations hereunder until the Payment Date.
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Calculation of Payment Amount 
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Related to Calculation of Payment Amount

  • Calculation of Payments The State shall use the fee schedule set forth in Attachment E to the contract (Fee Schedule) in determining the value of the work performed up to the time of termination. In the case of partially completed engineering services, eligible costs will be calculated as set forth in Attachment E, Fee Schedule. The sum of the provisional overhead percentage rate for payroll additives and for general and administrative overhead costs during the years in which work was performed shall be used to calculate partial payments. Any portion of the fixed fee not previously paid in the partial payments shall not be included in the final payment.

  • Calculation of Amounts Binding Effect of Interpretations and Actions of Master Servicer...............................

  • Allocation of Payments The Assignor and the Assignee agree that (i) the Assignor shall be entitled to any payments of principal with respect to the Assigned Interest made prior to the Assignment Date, together with any interest and fees with respect to the Assigned Interest accrued prior to the Assignment Date, (ii) the Assignee shall be entitled to any payments of principal with respect to the Assigned Interest made from and after the Assignment Date, together with any and all interest and fees with respect to the Assigned Interest accruing from and after the Assignment Date, and (iii) the Agent is authorized and instructed to allocate payments received by it for account of the Assignor and the Assignee as provided in the foregoing clauses. Each party hereto agrees that it will hold any interest, fees or other amounts that it may receive to which the other party hereto shall be entitled pursuant to the preceding sentence for account of such other party and pay, in like money and funds, any such amounts that it may receive to such other party promptly upon receipt.

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

  • Proration of Payments If any Lender shall obtain any payment or other recovery (whether voluntary, involuntary, by application of offset or otherwise, on account of (a) principal of or interest on any Loan, but excluding (i) any payment pursuant to Section 8.7 or 15.6 and (ii) payments of interest on any Affected Loan) or (b) its participation in any Letter of Credit) in excess of its applicable Pro Rata Share of payments and other recoveries obtained by all Lenders on account of principal of and interest on the Loans (or such participation) then held by them, then such Lender shall purchase from the other Lenders such participations in the Loans (or sub-participations in Letters of Credit) held by them as shall be necessary to cause such purchasing Lender to share the excess payment or other recovery ratably with each of them; provided that if all or any portion of the excess payment or other recovery is thereafter recovered from such purchasing Lender, the purchase shall be rescinded and the purchase price restored to the extent of such recovery.