Partial Swing Sample Clauses

The Partial Swing clause defines how adjustments are made to contractual obligations or payments when actual performance or delivery falls within a specified range, rather than meeting an exact target. In practice, this clause is often used in energy or commodity contracts where the buyer agrees to accept a certain minimum and maximum quantity, and the seller is compensated based on the actual amount delivered within that range. By establishing clear parameters for acceptable variations, the Partial Swing clause provides flexibility for both parties and helps prevent disputes over minor deviations from agreed quantities, ensuring smoother contract execution.
Partial Swing. If a performing member of the Chorus is assigned to swing a number, the Chorus member shall receive no less than 1% of minimum per week in "A", "B+," "B," and “C” Companies and 1% of minimum or $6.00, whichever is higher, per week in "D" Companies for each such swing assignment in addition to the Chorus member’s weekly contractual salary.
View SourceView Similar (4)
Partial Swing. If a member of the Chorus is designated to swing a Chorus number in a production and is not hired solely as a full Swing performer (see above), Chorus shall receive not less than $15 per week in addition to Chorus' weekly contractual salary for each such number so assigned.
View SourceView Similar (2)
Partial Swing. A member of the Chorus shall be designated to swing one or more numbers in the production and shall receive no less than $10.00 per week in addition to the Chorus person's weekly contractual salary for each assignment;
View Source
Partial Swing. If a Chorus Actor is assigned to swing one or more numbers, the Chorus Actor shall receive no less than 8% per week in addition to weekly contractual salary for each such assignment; and
View Source
Partial Swing. If a member of the Ensemble is designated to Swing an Ensemble number in a production and is not hired solely as a full Swing performer (see above), Ensemble shall receive not less than $25 per week in addition to Ensemble' weekly contractual salary for each such number so assigned.
View Source

Related to Partial Swing

  • Swing Line Facility Subject to the terms and conditions set forth herein, the Swing Line Lender, in reliance upon the agreements of the other Lenders set forth in this Section 2.04, may in its sole discretion make loans (each such loan, a “Swing Line Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of the Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when aggregated with the Applicable Percentage of the Outstanding Amount of Revolving Loans and L/C Obligations of the Lender acting as Swing Line Lender, may exceed the amount of such Lender’s Revolving Commitment; provided, however, that (i) after giving effect to any Swing Line Loan, (A) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments and (B) the Revolving Credit Exposure of any Lender shall not exceed such Lender’s Revolving Commitment, (ii) the Borrower shall not use the proceeds of any Swing Line Loan to refinance any outstanding Swing Line Loan and (iii) the Swing Line Lender shall not be under any obligation to make any Swing Line Loan if it shall determine (which determination shall be conclusive and binding absent manifest error) that it has, or by such Credit Extension may have, Fronting Exposure. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.04, prepay under Section 2.05, and reborrow under this Section 2.04. Each Swing Line Loan shall be a Base Rate Loan. Immediately upon the making of a Swing Line Loan, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk participation in such Swing Line Loan in an amount equal to the product of such Lender’s Applicable Percentage times the amount of such Swing Line Loan.

  • Payments Directly to Swing Line Lender The Borrower shall make all payments of principal and interest in respect of the Swing Line Loans directly to the Swing Line Lender.

  • The Swing Line Advances The Borrower may request the Swing Line Bank to make, and the Swing Line Bank agrees to make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Termination Date (i) in an aggregate amount not to exceed at any time outstanding $5,000,000 (the “Swing Line Facility”) and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 or an integral multiple of $250,000 in excess thereof and shall be made as a Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(c), repay pursuant to Section 2.04(b) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(c).

  • Payments Directly to Swingline Lender The Borrower shall make all payments of principal and interest in respect of the Swingline Loans directly to the Swingline Lender.

  • Availability Period The Line of Credit is available between the date of this Agreement and [October 1, 2008,] or such earlier date as the availability may terminate as provided in this Agreement (the "Expiration Date").