No Double Compensation Sample Clauses

The No Double Compensation clause prevents a party from receiving the same type of compensation or damages more than once for a single event or loss under a contract. In practice, this means that if a party is entitled to recover costs or damages under one provision, they cannot claim those same amounts again under another provision or from a different source related to the same incident. This clause ensures fairness by avoiding overcompensation and eliminates the risk of duplicate payments for the same issue.
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No Double Compensation. The Project Designer shall not be entitled to double compensation for components which are included under this Section 8.
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No Double Compensation. 92.1 The Contractor shall not be entitled to double compensation according to this Contract, for any compensation component payable under this Contract or under the provisions of any Law. 92.2 In the determination of any compensation amount due to the Contractor, according to the provisions of this Contract, any insurance proceeds paid to the Contractor or which the Contractor is entitled to receive, if applicable, pursuant to the provisions of any insurance policy, or as a result of exercising any guarantee or security or the enforcement of any other legal right, including under Property Tax and Compensation Fund Law, 1961, shall be included within the amount of compensation due to the Contractor, to avoid and prevent double compensation.
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No Double Compensation. The Buyer cannot obtain payment from the Seller under this Agreement more than once with respect to the same Damage.
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No Double Compensation. The LRT Consultant shall not be entitled to double compensation for components which are included under this Section 8.
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No Double Compensation. Nothing in this Agreement shall entitle the Purchaser or a Group Company to be compensated more than once for one and the same Losses suffered (without prejudice to their right to be compensated for all Losses once in their entirety) irrespective of whether such Losses result from more than one breach of the Sellers’ Representations and/or of any other representations, covenants or indemnities of the Sellers under this Agreement.
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No Double Compensation. For the avoidance of doubt nothing in this Agreement shall obligate Sellers to compensate the Company, Purchaser or other Indemnitees for any Damage more than once.
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No Double Compensation. Notwithstanding any other provision of this Agreement, but without prejudice to the rights of a party to terminate this Agreement in accordance with its terms, no party shall be entitled to recover compensation or make a Claim under this Agreement in respect of any Loss that it has incurred (or any failure of another party) to the extent that it has already been compensated in respect of that Loss or failure pursuant to this Agreement or otherwise, and, for the purposes of this Section 9.13, Performance Incentive Payments, and Non-Compliance Event Payments shall only be considered compensation to the Province or BCTFA in respect of the breaches or failures by Project Co or other events or circumstances that give rise thereto to the extent such payments or deductions are made, and such payments or deductions shall be without prejudice to the right of the Province to claim and recover from Project Co, subject to the other provisions of this Agreement, Direct Losses to the extent any such payment or deduction does not compensate the Province in full for such Direct Losses, and such right of the Province is hereby expressly preserved.
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No Double Compensation. Notwithstanding any other provision of this Agreement, neither party will be entitled to recover compensation or make a claim under this Agreement, the Leases or any other agreement in relation to the Project in respect of any loss that it has incurred (or any failure of the other party) to the extent that it has already been compensated in respect of that loss or failure pursuant to this Agreement, the Leases or otherwise.
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No Double Compensation. A Party shall not be entitled to compensation or to obtain payment or reimbursement from the other Party as compensation more than once in relation to the same situation, fact, event or Loss.
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Related to No Double 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.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • No Compensation Except as provided in this Section 7.4 and elsewhere in this Agreement (including the provisions of Articles V and VI hereof regarding distributions, payments and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership.

  • Salary Compensation As salary compensation for Employee's services hereunder and all the rights granted hereunder by Employee to the Company, the Company shall pay Employee a gross salary of not less than $175,000 during the term of this Agreement. Employee's salary shall be payable in bi-weekly increments in accordance with the Company's payroll practices for salaried employees, upon the condition that Employee fully and faithfully performs Employee's services hereunder in accordance with the terms and conditions of this Agreement. The Company shall deduct and withhold from the compensation payable to Employee hereunder any and all amounts required to be deducted or withheld by the Company under the provisions of any statute, regulation, ordinance, or order and any and all amendments hereinafter enacted requiring the withholding or deducting from compensation payable to employees.