Full pay Clause Samples

The "Full pay" clause requires that payment be made in the total amount owed, without deductions or withholdings. In practice, this means that the paying party must remit the entire agreed-upon sum, regardless of any disputes, set-offs, or counterclaims that may exist. This clause ensures that the recipient receives the full value of the contract or invoice, thereby preventing delays or reductions in payment due to unrelated issues and promoting financial certainty for the payee.
Full pay. ‌ 11.1.1 If the Managing Director is incapacitated for work due to sickness/illness, the Company shall continue to pay him the full monthly gross salary in accordance with Clause 6.1.1 for a period of six (6) months. After this period of six (6) months, the Company will not pay any further remuneration or allowances to the Managing Director. After this period of six (6) months, the right to participate in the variable remuneration scheme as referred to in Clause 7.1 will no longer apply. If, in case of sickness/illness of the Managing Director, the Company gives notice of termination of this Agreement (other than for urgent cause) as referred to in Clause 2.1 or the general meeting dismisses the Managing Director as statutory director (other than for urgent cause) as referred to in Clause 3.1, the termination of this Agreement will only take effect after expiry of the period of six
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Full pay. After On-the-Job Injury In the event of an on-the-job injury to a regular full-time employee not resulting from the employee's own carelessness, said employee will be carried at full pay up to twenty (20) working days per year less any workers compensation benefits.
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Full pay. 1.10.1 ‘ Full Pay’ shall mean the pay which a worker will earn for the normal working time on any day, or for any period in respect of which payment is to be made, calculated in accordance with the wage rates specified in the wages schedule, including cost of living allowance.
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Full pay. Any certificated employee absent from duty because of persona illness or injury shall receive full compensation for the period of absence provided accumulated sick leave is available.
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Related to Full pay

  • Full Payment As of the applicable Cut-Off Date thereof, the Borrower has no knowledge of any fact which should lead it to expect that any Loan Asset will not be paid in full.

  • METHOD OF BILLING AND PAYMENT Contractor may submit invoices for compensation no more often than monthly, but only after the services for which the invoices are submitted have been completed. An original invoice plus one copy are due within fifteen (15) days of the end of the month except the final invoice which must be received no later than sixty (60) days after this Agreement expires. Invoices shall designate the nature of the services performed and/or the goods provided. City shall pay Contractor within forty-five (45) days of receipt of Contractor’s proper invoice, as provided in the Florida Local Government Prompt Payment Act. To be deemed proper, all invoices must comply with the requirements set forth in this Agreement and must be submitted on the form and pursuant to instructions prescribed by the City’s Contract Administrator. Payment may be withheld for failure of Contractor to comply with a term, condition, or requirement of this Agreement. Notwithstanding any provision of this Agreement to the contrary, City may withhold, in whole or in part, payment to the extent necessary to protect itself from loss on account of inadequate or defective work that has not been remedied or resolved in a manner satisfactory to the City’s Contract Administrator or failure to comply with this Agreement. The amount withheld shall not be subject to payment of interest by City.

  • Method of Payments Any amount due under this Guarantee shall be paid: (a) in immediately available funds; (b) to such account as the Security Trustee may from time to time notify to the Guarantor; (c) without any form of set-off, cross-claim or condition; and (d) free and clear of any tax deduction except a tax deduction which the Guarantor is required by law to make.

  • Method of Compensation It is understood by the parties that, insofar as pay is concerned, employees temporarily filling a position in a higher broadband level shall be paid according to the same compensation method as promoted employees pursuant to the Rules of the State Personnel System.

  • Method of Payment Subject to Section 8.01(c), distributions required to be made to Certificateholders on any Payment Date as provided in Section 5.01 shall be made to each Certificateholder of record on the preceding Record Date by wire transfer, in immediately available funds, to the account of such Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date or, if not, by check mailed to such Certificateholder at the address of such Holder appearing in the Certificate Register.