Interest and Compensation Sample Clauses

Interest and Compensation. (i) If the Client fails to make any payment under the Agreement when due, the Client will, to the fullest extent permitted by law, pay to GTJAFX interest (before and after judgment) on such unpaid amount, from (and including) the due date to (but excluding) the date of actual payment, at the Default Rate, as determined by GTJAFX. (ii) Interest under this Clause 5.6 (Interest and Compensation) will be calculated by GTJAFX on the basis of daily compounding and the actual number of days elapsed.
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Interest and Compensation. Section 9(h)(i)
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Interest and Compensation. Members will not be credited with interest on their capital accounts, and unless unanimous of the other Members agree, Members in their capacity as Members shall not be entitled to salary for services rendered on behalf of the Company.
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Interest and Compensation. No Member will be credited with interest on his or her capital account, and, unless the other Members unanimously agree, no Member in his or her capacity as a Member shall be entitled to any payments for services rendered on behalf of the Company.
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Interest and Compensation. Any interest paid on loans made by Members to the Company, all guaranteed payments made to Class B Members and all compensation paid to the Members for goods or services shall be deducted from the gross income of the Company.
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Interest and Compensation. In the event of failure to pay on the invoice due date: • all amounts due to Aertssen Transport, also the amounts that have not yet expired, are legally due and payable without any notice of default. • any delay in payment shall automatically and without notice give rise to the application of an interest rate of 1% per month from the due date, to be capitalised automatically and immediately, without notice. • any delay in payment shall automatically and without notice also give rise to a fixed compensation of 10% on the outstanding balance to be paid, with a minimum of EUR 125. The award of this reasonable compensation of 10% does not exclude payment of any litigation costs nor of any other proven recovery costs. • Aertssen Transport is no longer obliged to (further) execution and can suspend all deliveries immediately and without prior notice without any compensation for the Client. • all permitted payment terms expire, and ▇▇▇▇▇▇▇▇ Transport may decide to further execute the Agreement under the strict condition that the price due is fully settled before delivery is made.
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Interest and Compensation. 17 Section 12.2 Loans..................................................................17
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Interest and Compensation 
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Related to Interest and Compensation

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125 per hour.

  • 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.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Special Compensation The Company shall pay to the Executive a lump sum equal to three times the sum of (a) the highest per annum base rate of salary in effect with respect to the Executive during the three-year period immediately prior to the termination of employment plus (b) the Highest Bonus Amount. Such lump sum shall be paid by the Company to the Executive within ten business days after the Executive's termination of employment, unless the provisions of Section 3(e) below apply. The amount of the aggregate lump sum provided by this Section 3(c), whether paid immediately or deferred, shall not be counted as compensation for purposes of any other benefit plan or program applicable to the Executive.

  • Compensation & Payment 8.4.1. Should the claim be found proven; settlement is executed only in the form of compensation payment added to the Client trade account. 8.4.2. Compensation shall not compensate the profit not received by the Client in the event that the Client had an intention to perform some action but has not performed it for some reason. 8.4.3. The Company shall not compensate non-pecuniary damage to the Client. 8.4.4. The Company adds a compensation payment to the Client trading account within one working day since the moment of making a positive decision on the dispute situation.