Claim for compensation Sample Clauses

POPULAR SAMPLE Copied 7 times
Claim for compensation. If the Client intends to charge Intertek with the responsibility for damage which the Client claims to have suffered in connection with certification, he shall submit a written statement outlining the reasons for the claim. The claim for compensation, in order to be valid, must be made within a reasonable period from the time the damage became apparent or should have become apparent to the Client and must have occurred at the latest within two (2) years from testing. The agent or the Client shall notify Intertek of the circumstances in writing, without delay.
View SourceView Similar (3)
Claim for compensation. A condition for the creation of any right to compensation is always that You report the loss to TASKING in writing as soon as possible after the loss has occurred. Each claim for compensation against TASKING lapses (i) due to the mere expiry of a period of twelve (12) months after the loss manifested itself or (ii) if You have failed to take measures to limit the loss, immediately after it manifested itself, or to prevent (other or additional) loss from arising.
View Source
Claim for compensation. In the event that either party to this Agreement incurs any loss or damage by terminating pursuant to Article 15.1 and 15.2 above, the non-causing party shall have the right to claim for compensation. However the extent and amount of the compensation which either party claims for to breaching party according to this Agreement shall not exceed the damages actually incurred and purchase price of PRODUCT upon mutual consultation.
View SourceView Similar (3)
Claim for compensation. 5.1 The lessor hasn’t made any interference as the buyer chose and confirmed the lease items and the seller. If the seller fails to deliver the lease items, or delays the delivery, or any of the specifications, model, quality, quantity, etc. of the lease items does not meet the requirements in the Contract on Procurement of Equipment or does not meet the purpose of use of the buyer, or the seller violates any stipulation in the Contract on Procurement of Equipment, etc, the lessor will not take any responsibility. For any dispute arising from the above circumstances, the buyer shall directly claim compensation from the seller and bear the costs and results of the claim. The buyer confirms that the obligation to pay the rent and other payables and any other obligations under the Financial Leasing Contract are not affected by the above mentioned claim. 5.2 The buyer shall ensure that the lessor is exempted from any loss caused by the seller’s breach of contract. If the buyer does not claim for any compensation or right from the seller in time, the lessor will have the right to perform the claiming right directly to the seller, and all costs incurred shall be borne by the buyer. 5.3 The buyer, if has any breach of contract under the Contract on Procurement of Equipment, shall bear the responsibility directly for the seller, and the lessor shall not bear any responsibility. The buyer shall be liable for compensating any loss or damage caused to the lessor because of any claim made by the seller.
View SourceView Similar (2)
Claim for compensation. If Party B provides with goods inconsistent with this Agreement and Party A has claimed for compensation, Party B shall compensate by any or several ways as following listed: (1) Party B agrees on rejection of the acceptance and pay back the value of the rejected goods in accordance with the value stipulated currency under this Agreement. Party B shall bear all losses and expenses including interests, bank fees, transportation fees, insurance fees, inspection fees, storage and handling fees, and other necessary fees for storage and protection of the rejected goods; (2) Deduct straightly a sum of money according to the deviation and damages to the goods and the losses suffered by Party A and Construction Party from the payables of Party A; (3) Party B replace the defective spare parts and machines or replace the defective parts to meet the requirement of this Agreement, and bear all expenses, risks and losses suffered by Party A. Party A is entitled to deduct claimed compensation from the amount of performance bonds of Party B or the payables of Party A if Party A does not answer in 10 days or a longer time consented by Party A after Party A has sent the notice of compensation claimant.
View Source
Claim for compensation. 16.2.1 The claim of Employer. If Employer thinks that Contractor has not execute the agreed duties, obligations and assignments under this Contract, that it has the right to obtain compensation borne by Contractor for the losses, damages and injuries to it according to this Contract and relevant situations and matters related to the documents and information of this Contract, and that Contractor has not yet fulfilled the obligation of compensation in accordance to this Contract, Employer shall have the right to claim for the compensation against Contractor, which shall base on laws and this Contract and be carried out through the procedures as following listed: (1) Employer shall send notice of its claimant for compensation in 30 days after the happening of the event of compensation. If it fails to do so as aforesaid, Contractor will be released of any liability unless as ruled otherwise by law; (2) Employer shall provide the information in writing related to the justified reasons, basis of articles, effective evidences which can be proved and estimates of compensation in 30 days after the sending out of the notice of the compensation; (3) Contractor shall negotiate with Employer or reply it or require for further evidences and reasons of compensation in 30 days after receipt of information of compensation; (4) If Contractor fails to negotiate, reply or propose further requirement to Employer in 30 days after receipt of information of compensation, its shall be deemed to be approved by Contractor to claim for compensation; (5) If the event of compensation has lasting influence, the situation of it shall be send to Contractor, and that Employer submit the final compensation report and final estimates in 30 days after the stop of influence. The procedures of this shall be the same as agreed from section (1) to section (4) in this article. Contract Number: SMX-JSZH-[ 2019 ]-[ 034 ] 16.2.2 The claim of Contractor. If Contractor thinks that Employer has not execute the agreed duties, obligations and assignments under this Contract, that it has the right to obtain compensation borne by Employer for the losses, damages and injuries to it according to this Contract and relevant situations and matters related to the documents and information of this Contract as well as delay of completion date, and that Employer has not yet fulfilled the obligation of compensation in accordance to this Contract, Contractor shall have the right to claim for the compensation against ...
View Source

Related to Claim for compensation

  • 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.

  • Complaints and Compensation If you have a complaint of any kind, please be sure to let us know. We will do our utmost to resolve the issue. You can put your complaint in writing to us at:

  • 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.

  • Compensation for Damages (1) If the Principal has disqualified the Bidder(s) from the tender process prior to the award according to Section 3, the Principal is entitled to demand and recover the damages equivalent to ▇▇▇▇▇▇▇ Money Deposit/Bid Security. (2) If the Principal has terminated the contract according to Section 3, or if the Principal is entitled to terminate the contract according to Section 3, the Principal shall be entitled to demand and recover from the Contractor liquidated damages of the Contract value or the amount equivalent to Performance Bank Guarantee.

  • Employees and Compensation Schedule 3.11 contains a true and complete list as of the date of this Agreement of all employees of the Seller engaged in the Intermittent Testing Business (collectively, the "Employees") and a description of all compensation arrangements affecting them, including all written or oral employment agreements, all accrued vacation and other obligations that have accrued as of the date of this Agreement, such schedule to be updated prior to the Closing pursuant to Section 5.12. Except as set forth in Schedule 3.11, all Employees of the Seller are employed "at will" and may be terminated at any time with or without cause, without payment of additional compensation beyond accrued salary and vacation, and with no more than two weeks notice. There is no organized labor strike, dispute, slowdown or stoppage, collective bargaining or unfair labor practice claim, union representation question or arbitration or grievance proceeding, (collectively, "Labor Matters"), pending, or to the knowledge, of the Seller threatened, against or affecting the Seller. Schedule 3.11 lists each Labor Matter that involves a claim or potential claim against, or that enjoins or compels or seeks to enjoin or to compel any activity by the Seller with respect to the Intermittent Testing Business. The Seller is and has been in compliance in all material respects with all applicable laws respecting employment and employment practices, terms and conditions of employment and wages and hours, including, without limitation, any such laws respecting employment discrimination, occupational safety and health, and unfair labor practices. There is no unemployment discrimination or unfair labor practice charge or complaint against the Seller pending or, to the knowledge of the Seller, threatened before the National Labor Relations Board, Office of Federal Contract Compliance Programs, U.S. Equal Employment Opportunity Commission, or any comparable state, local or foreign agency. The Seller has not experienced any material work stoppage in the last 18 months. The Seller is not delinquent in payments to any of its Employees for any wages, salaries, commissions, bonuses or other compensation for any services performed by them or amounts required to be reimbursed to such Employees. Upon termination of the employment of any of the Employees of the Seller before or after the Closing Date, neither the Purchaser, or except as set forth in Schedule 3.11, the Seller, will be liable to such employees for severance pay. The Seller is not a party to or bound by any collective bargaining agreements.