Payment for substitute Clause Samples

The 'Payment for substitute' clause defines the terms under which one party must compensate another for providing a replacement or substitute for goods, services, or personnel originally agreed upon in the contract. Typically, this clause outlines the circumstances that justify a substitution, the process for approval, and how the payment amount is determined—such as matching the original contract price or adjusting for differences in cost or quality. Its core function is to ensure that both parties have a clear understanding of financial responsibilities if a substitute is needed, thereby minimizing disputes and maintaining continuity in contractual obligations.
Payment for substitute. The Board will be responsible for the pay of the substitute.
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Payment for substitute teachers shall be available no later than the 10 day of the month following service rendered.
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Payment for substitute. The following rates shall apply: per day for a full day at one school or for two (2) half-days on the same day at different schools, providing however that where a substitute teaches only for one- half day, the rate for such half-day shall be one-half of the above rates. Should a substitute have continuous employment in one position for six (6) full days or more, payment shall be made at the rate of of the rate of the teacher's salary for qualifications and experience during the total period of employment in one position; except that no substitute shall receive a salary rate higher than the maximum salary provided for a class teacher. Substitute days cannot be accumulated from one assignment to another. The substitute teacher's per rate includes allowances for vacation pay. In-service days and days on which the school is closed by the Division shall not constitute a break in the service in determining eligibility for the payment. This article shall be effective as of the date of ratification.
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Payment for substitute teachers shall be 5.1.2.1. Effective until June 9, 2022, the substitute teachers' daily rates of pay will be $200 plus six per cent (6%) vacation pay of $12 for a total of $212. 5.1.2.2. Effective June 10, 2022 (0.50 % Increase), the substitute teachers' daily rates of pay will be $201.00 plus six per cent (6%) vacation pay of $12.06 for a total of $213. 06 for each full day of work. 5.1.2.3. Effective September 1, 2022 (1.25% Increase), the substitute teachers' daily rates of pay will be $215.72 plus two per cent (2%) in lieu of benefits $4.31 for a total of $220.03 for each full day of work. 5.1.2.4. Effective September 1, 2023 (2.00 % Increase), the substitute teachers' daily rates of pay will be $220.03 plus two per cent (2%) in lieu of benefits $4.40 for a total of $224.43 for each full day of work.
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Related to Payment for substitute

  • Payment for Services Agency and Contractor agree: A. Actual total payments will be based upon the amount of service authorized by the Agency and the amount of authorized service performed by the Contractor. It is understood and agreed by all parties that the Agency assumes no obligation to purchase from the Contractor any minimum amount of services as defined in the terms of this contract. B. Due to the Agency’s funding source restrictions, the Contractor shall submit to the Agency final claims for reimbursement under this contract no later than fifteen

  • PAYMENT FOR WORK The H-GAC Customer is responsible for making payment to the Contractor upon delivery and acceptance of the goods or completion of the services and submission of the subsequent invoice.

  • Payment for Shares (a) From and after the Effective Time, a bank or trust company or stock transfer agent mutually acceptable to Parent and the Company (pursuant to an agreement satisfactory to Parent and the Company) shall act as paying agent (the "Paying Agent") in effecting the payment of the Merger Price in respect of certificates (the "Certificates") that, prior to the Effective Time, represented Shares entitled to payment of the Merger Price pursuant to Section 2.07. (b) Promptly after the Effective Time, the Paying Agent shall mail to each record holder of Certificates (other than Certificates representing Excluded Shares) a form of letter of transmittal which shall specify that delivery shall be effected, and risk of loss and title to the Certificates shall pass, only upon proper delivery of the Certificates to the Paying Agent and instructions for use in surrendering such Certificates and receiving the aggregate Merger Price in respect thereof. Upon the surrender of each such Certificate, Parent shall make funds available to the Paying Agent to enable it to, and the Paying Agent shall, pay the holder of such Certificate the Merger Price multiplied by the number of Shares formerly represented by such Certificate in consideration therefor, and such Certificate shall forthwith be canceled. Until so surrendered, each such Certificate (other than Certificates representing Excluded Shares) shall represent solely the right to receive the aggregate Merger Price relating thereto. No interest or dividends shall be paid or accrued on the Merger Price. If the Merger Price (or any portion thereof) is to be delivered to any person other than the person in whose name the Certificate surrendered is registered, it shall be a condition to such right to receive such Merger Price that the Certificate so surrendered shall be properly endorsed or otherwise be in proper form for transfer and that the person surrendering such Certificates shall pay to the Paying Agent any transfer or other taxes required by reason of the payment of the Merger Price to a person other than the registered holder of the Certificate surrendered, or shall establish to the satisfaction of the Paying Agent that such tax has been paid or is not applicable. (c) In the event any Certificate shall have been lost, stolen or destroyed, upon the making of an affidavit of that fact by the holder of such Certificate, the Paying Agent shall issue in exchange for such lost, stolen or destroyed Certificate the Merger Price deliverable in respect thereof, provided that the holder of such Certificate shall, as a condition precedent to the payment thereof, give the Surviving Corporation a bond in such sum as it may direct or otherwise indemnify the Surviving Corporation in a manner satisfactory to it against any claim that may be made against it with respect to the Certificate claimed to have been lost, stolen or destroyed. (d) After the Effective Time, there shall be no transfers on the stock transfer books of the Surviving Corporation of any Shares which were outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates are presented to the Surviving Corporation or the Paying Agent, they shall be surrendered and canceled in return for the payment of the aggregate Merger Price relating thereto, as provided in this Article III.

  • AGREEMENT FOR SALE There is an overlap in this list: use the descriptions that are most ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

  • Payment for Securities Payment for the Securities shall be received by the Company from the undersigned by wire transfer of immediately available funds or other means approved by the Company at or prior to the Closing, in the amount as set forth in Appendix A hereto. The Company shall deliver certificates representing the Securities to the undersigned at the Closing bearing an appropriate legend referring to the fact that the Securities were sold in reliance upon an exemption from registration under the Securities Act.