Compensation Charges Sample Clauses
Compensation Charges. 5.2.1 The parties acknowledge and agree that it may be desirable for employees and other personnel of any member of the BPY Group or the Brookfield Group to provide services not included in the Services to a member of the other group. In these cases, all or a portion of the compensation (including cash, options or other security-based compensation) paid or payable to employees or other personnel who devote a portion of their time to the provision of services to the other group may be allocated to a member of such other group (a “Compensation Charge”).
5.2.2 At the end of each calendar year, Brookfield and BPY agree to negotiate in good faith the terms of any Compensation Charge in respect of that calendar year; provided that the amount of any Compensation Charge allocated to a member of the BPY Group must be approved by the governance and nominating committee of the BPY General Partner.
Compensation Charges. 5.2.1 The parties acknowledge and agree that, at the request of BEP, it may be desirable for employees and other personnel of any member of the BEP Group to receive long-term incentive compensation pursuant to one or more programs or other arrangements offered by any member of the Brookfield Group. In these cases, all or a portion of such long-term incentive compensation (including cash, options or other security-based compensation) paid or payable by the Brookfield Group to such employees or other personnel of the BEP Group shall be allocated to the applicable member of the BEP Group (a “Compensation Charge”).
5.2.2 The amount of any Compensation Charge allocated to a member of the BEP Group shall be reported to the Nominating and Governance Committee of the Managing General Partner on an annual basis.
Compensation Charges. SPD shall have to pay Rs. 50,00,000/- (Rs. Fifty lakhs Only) for 50MW (provisional till Nov 2017) calculated @ Rs. 1,00,000/- per MW to SPPD towards compensation for Horticultural trees/agricultural crops/yielding bore-▇▇▇▇▇/ drip irrigation/ sprinklers building etc. based on the assessment made by the Appropriate Authorities. The Lessee shall pay compensation as determined by the Appropriate Authorities to Lessor towards Horticultural trees/agricultural crops/yielding bore-▇▇▇▇▇/ drip irrigation/ sprinklers building etc. for the further period as and when informed by SPPD.
Compensation Charges. SPD shall have to pay Rs. 50,00,000/- (Rs. Fifty lakhs Only) for 50 MWAC (provisional till Nov 2017) calculated @ Rs. 1,00,000/- per MWAC to SPPD towards compensation for Horticultural trees/agricultural crops/yielding bore-▇▇▇▇▇/ drip irrigation/ sprinklers building etc. based on the assessment made by the Appropriate Authorities, subjected to a maximum ceiling limit of Rs.
Compensation Charges. SPD shall have to pay Rs. 50,00,000/- (Rs. Fifty lakhs Only) for 50MW (provisional till Nov 2017) calculated @ Rs. 1,00,000/- per MW to SPPD towards compensation for Horticultural trees/agricultural crops/yielding bore-▇▇▇▇▇/ drip irrigation/ sprinklers building etc. based on the assessment made by the Appropriate Authorities, subjected to a maximum ceiling limit of Rs. 1.25 Lakh (Indian Rupees One Lakhs Twenty Five Thousand Only) per MW2. The Lessee shall pay compensation as determined by the Appropriate Authorities to Lessor towards Horticultural trees/agricultural crops/yielding bore-▇▇▇▇▇/ drip irrigation/ sprinklers building etc. for the further period as and when informed by SPPD.
Compensation Charges. 5.2.1 The parties acknowledge and agree that it may be desirable for employees and other personnel of any member of the Service Recipients or the CIM Entities to provide services not included in the Services to a member of the other group. In these cases, all or a portion of the compensation (including cash, options or other security-based compensation) paid or payable to employees or other personnel who devote a portion of their time to the provision of services to the other group may be allocated to a member of such other group (a “Compensation Charge”).
5.2.2 At the end of each calendar year, PMC Commercial and Manager agree to negotiate in good faith the terms of any Compensation Charge in respect of that calendar year; provided, that the amount of any Compensation Charge allocated to a member of the Service Recipients must be approved by the Independent Members.
Compensation Charges. If breakdown calls are not attended/ resolved within repair time as specified under IV, compensation charges @ Rs. 100/- per day after the specified repair time will be recovered from M/s GILBARCO ▇▇▇▇▇▇-▇▇▇▇ INDIA PVT LTD. for the delay. Page 3 of 10 Vendor Sign & Stamp For Bharat Petroleum Corporation Ltd.
Compensation Charges. Notwithstanding any other provisions hereof, the Hirer agree, covenant and undertake that in the event the Instalments or any other monies payable hereunder shall for any reason whatsoever remain unpaid to the Owner on the stipulated date thereof, the Hirer shall pay to the Owner compensation charges as calculated in the manner approved by the Shariah Advisory Council of Bank Negara Malaysia (“BNM”):
(a) During the tenure of this Agreement: the rate of one per centum (1%) per annum or such other rates approved by BNM on the overdue Instalments;
(b) Upon termination of this Agreement: the rate of one per centum (1%) per annum or such other rates approved by BNM on the outstanding balance (outstanding amount financed and ▇▇▇▇-up);
(c) After the expiry of the Agreement: the BNM’s prevailing daily overnight Islamic Interbank Money Market (“IIMM”) rate or such other rates approved by BNM on the outstanding balance (outstanding amount financed and ▇▇▇▇-up);
(d) Post Judgment - the BNM’s prevailing daily overnight IIMM rate or such other rates approved by BNM on the Judgment sum. The compensation amount shall not be compounded and the reference rate for the actual loss shall be determined at the point of default, computed on a daily basis from the payment due date.
Compensation Charges. Target shall have taken all actions necessary to fix all compensation charges prior to Closing.
Compensation Charges. 1. The payment for the services supplied by the provider will be invoiced annually. It has to be adjusted in the event of an extension or change to the programs and systems to be maintained.
2. The costs for the update and support contract are to be paid in advance. After the receipt of payment, the download area in the customer center on the website ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ will be activated.
3. The payment of an update and support contract for the respective software packages is composed according to the number of cameras used. The price is independent of other purchased software modules. Your responsible sales partner or CONTEMPLAS will be happy to make you an offer. If the number of cameras increases during the running time, the update fee will be adjusted in the following cycle. There will be no backdated recalculation.
4. All expenses, in particular travel and accommodation expenses, shall be invoiced separately.
5. The provider is entitled to an appropriate increase of the agreed flat rate after announcement in text form. Such an increase shall take effect at the earliest 3 months after the end of the month in which the provider has notified the change. It may not exceed the fee of the preceding twelve-month period by more than 20%. If the customer does not agree with the adjustment, he can terminate this contract with one month's notice to the day of the entry into force of the new fee in text form. If no notice of termination is given, the increase will be deemed silently accepted and the deadlines specified in §7 are valid.
6. All mentioned prices are net prices and are valid plus the legal value added tax of currently 19%.