Full and Final Compensation Sample Clauses
The Full and Final Compensation clause establishes that the payment specified in the agreement represents the total amount owed for the goods, services, or work provided. In practice, this means that once the agreed compensation is paid, the recipient cannot claim any additional amounts related to the same subject matter, such as extra fees, expenses, or future claims. This clause ensures financial certainty for both parties by preventing future disputes over additional payments and clearly defining the extent of the payer's obligations.
POPULAR SAMPLE Copied 25 times
Full and Final Compensation. The compensation and other benefits made pursuant to Sections 9 or 10 hereof following the termination of the Employee’s employment with the Company shall be considered full compensation in payment for all claims under this Agreement, and the Employee shall not be entitled to any other compensation or benefits.
Full and Final Compensation. On and from the Execution Date, Yawuru RNTBC acknowledges and agrees that the Compensation constitutes full and final compensation in relation to:
(a) extinguishment of native title rights and interests in the Determination Area up to the Execution Date;
(b) impairment of native title rights and interests in the Determination Area up to the Execution Date; and
(c) the exercise of any right or obligation created by the acts consented to, or confirmed, as the case may be, in this Agreement.
Full and Final Compensation. On and from the Execution Date the WY Claimants acknowledge and agree that the Benefits constitute full and final Compensation in relation to:
(a) the acts consented to, or the validity of which is confirmed, as the case may be, in clause 4; and
(b) the exercise of any right or obligation created by the acts consented to, or confirmed, as the case may be, in clause 4.
Full and Final Compensation. On and from the Execution Date the Yawuru Native Title Group acknowledge and agree that the Compensation constitutes full and final compensation in relation to:
(a) extinguishment of native title rights and interests in all areas within the external boundaries covered by the Body Corporate Agreement, which areas are not included in the Body Corporate Agreement, but are part of this Agreement up to the Execution Date;
(b) impairment of native title rights and interests in all areas within the external boundaries covered by the Body Corporate Agreement, which areas are not included in the Body Corporate Agreement, but are part of this Agreement up to the Execution Date; and
(c) the exercise of any right or obligation created by the acts consented to, or confirmed, as the case may be, in this Agreement.
Full and Final Compensation. (a) The Native Title Party acknowledges and agrees that the Benefits, including the obligations and other commitments made by the State and Proponents as set out in chapter 3 and chapter 4, are in full and final satisfaction of:
(i) any obligation of the State or a Proponent to provide any Compensation to the Native Title Party or the members of the Native Title Claim Group under the Principal Acts or any other Law arising out of or in relation to the Takings or the Grant, Renewal or lawful exercise of the Project Rights (other than Future Ancillary Titles);
(ii) any obligation of the State to provide Compensation to the Native Title Party or members of the Native Title Claim Group in connection with the appointment of the Foundation Proponent to the LNG Precinct;
Full and Final Compensation. The ▇▇▇▇▇▇▇ acknowledge and agree that the compensation provided pursuant to this Agreement is the full and final compensation for the City’s acquisition of the property interests described in Condemnation Action, including but not limited to just compensation damages, appraisal costs, attorney’s fees, interest, and any other costs. The ▇▇▇▇▇▇▇ hereby waive and release any right to pursue additional compensation for the City’s takings (as described in the Condemnation Action) through condemnation proceedings or through a separate legal action.
Full and Final Compensation. On and from the Execution Date, the Native Title Group acknowledges and agrees that the Benefits constitute full and final Compensation in relation to:
(a) the effects of any future acts consented to in clauses 5.2 and 5.3; and
(b) the surrender of native title rights and interests in clause 5.4.