Amount and Duration. The Company will pay the employees 95 percent of the job rate of the job on which they last worked in the workweek immediately prior to their starting of such training, during the training period only, which, of course, may be for a period less than the maximum specified below. In addition, the Company will assume all other costs of retraining. Such retraining may be offered and accepted on one or more occasions for a total number of weeks which is equal to but cannot exceed the number of weeks equal to the number of full years of continuous service. Either the employees or the Company may discontinue the retraining at any time, in which event, the employees may exercise their rights provided elsewhere in the Agreement.
Amount and Duration. Somanetics shall pay CORrestore a royalty fee equal to 9% of the "net sales" (as defined in Section 4.1.3), and shall pay to Wolfx & Xompany a royalty fee of 1% of the "net sales", of the Products received by Somanetics within (1) the term of the Patent, or (2) if the Patent is determined to be invalid by a court of appropriate jurisdiction, 10 years from the date of the first commercial sale or license of the Products by Somanetics. Somanetics' obligation to pay this royalty will also terminate upon any termination of the Licenses.
Amount and Duration. 1.1 The loan amounts under this Contract are stated below: (Monetary Unit: RMB Yuan) Year Amount 2013 9,000,000.00 2014 10,800,000.00 2015 19,500,000.00 2016 38,900,000.00 2017 73,000,000.00 Note: the loan amount for 2018 shall be subject to the sum actually paid by Party B on Party A’s behalf.
Amount and Duration. BW shall cause a financial institution reasonably ------------------- acceptable to PBGC to issue for the benefit of PBGC, in form, scope and substance reasonably acceptable to PBGC, in the amount of $15,000,000. The Letter of Credit shall have a term of not less than one year, shall be irrevocable and shall be renewable for successive periods of at least one year following expiration until drawn down in whole or in part, subject to the termination provisions set forth below. Additionally, PBGC acknowledges and agrees that the Letter of Credit attached as Exhibit A hereto, including the financial institution referred to therein, satisfies the requirements of this section IV.A.
Amount and Duration. The liability of the Reinsurer for all cessions under this Agreement shall cease at the same time as the liability of the Company ceases and shall not exceed the Company's contractual liability under the terms of its policies. The Reinsurer is not liable for extracontractual damages, such as punitive damages, bad faith damages or other damages which may arise from the acts or omissions of the Company in its conduct with its own insured, policyowner, beneficiary or assignee of the policy or others. Notwithstanding the foregoing, the Reinsurer at its option, on fifteen (15) days notice to the Company in writing, may terminate its liability for any reinsurances for which the reinsurance premiums have not been paid within sixty (60) days after billing. Currency All cessions under this Agreement shall be effected in the same currency as the original policy and the premiums and liabilities shall be expressed and payable in that currency. Taxes and Expenses Apart from any taxes, allowances, commissions, refunds, and expenses specifically referred to elsewhere in this Agreement, no commissions, allowances, taxes or proportion of any expense shall be paid by the Reinsurer to the Company in respect of any cession.
Amount and Duration. The Letter of Credit shall be a one year irrevocable Letter of Credit in the amount of $116 million, effective on the closing date of the Transactions, renewable annually in the amount of $116 million. The Letter of Credit shall permit partial draws. The amount of the Letter of Credit will be reduced from $116 million to $58 million on June 15, 2002 if all Required Contributions due to the Plan through June 1, 2002 have been made. Thereafter, the Letter of Credit in the amount of $58 million will remain in effect until all Required Contributions due to the Plan on June 1, 2003 have been made. If all Required Contributions due to the Plan on June 1, 2003 are made prior to the due date, the Letter of Credit will by returned to RJR.
Amount and Duration. 1. Spousal support shall be $ per month.
Amount and Duration. This Agreement shall be unlimited as to amount or duration.
Amount and Duration. (A) If an energy audit identifies sufficient energy savings, as set forth in Section 2(A), MEA will make available to XXXX College, consistent with this Agreement, a Grant Award of fifty percent (50%) of the College’s cost of energy improvement project installation, up to a Total Grant Award of Twenty Thousand Dollars ($20,000).
