Annual Payment. During each calendar year, an employee may choose to receive payment for up to twenty (20) hours of accrued vacation leave or compensatory time. Request for payment may be made in November or December of each year. Such payment shall be made during the month of November or December and will be granted only if the employee has taken at least forty (40) hours of vacation/compensatory time during the calendar year. Such payment shall be at the base hourly rate only, no add-ons.
Annual Payment. Subscriber may elect to prepay for their Oracle Cloud Services on an annual basis (the “Prepay Option”). If Subscriber elects the Prepay Option, the Initial Term of the Subscriber’s Order shall be one year from the date of the most recently paid invoice (the “Prepay Term”). Any prepayment applies to Oracle Cloud Services reflected on the Order in effect at the time of prepayment; Additional Oracle Cloud Services may be purchased during the Prepay Term, and additional fees may apply. Additional services purchased during the Prepay Term will be prorated for the remainder of the Prepay Term, and coterminate at the end of such Prepay Term.
Annual Payment. 9.1 The Annual Payment shall replace all compensation for rents, rights of way, or otherwise, set forth in the § 323 Grants (as to the § 323 Grant Land), the 1960 Lease and the 1966 Lease, as applicable. All sections of the aforementioned documents imposing a payment obligation on APS and the Lessees are hereby deleted.
9.2 The Annual Payment, which shall be $7,000,000 (in 2011 dollars), shall begin on July 6, 2011. All subsequent Annual Payments shall be subject to annual adjustments, based upon changes in the April Consumer Price Index U.S. City Average for All Urban Consumers, published by the U.S. Bureau of Labor Statistics (“CPI”). The annual CPI adjustment for the Annual Payment shall be as set forth in Exhibit D.
9.3 On or before July 6 of each year, APS and the Lessees shall submit one check for the Annual Payment to the Nation and indicate the adjustment required by the CPI.
9.4 No Lessee shall be responsible or liable to the Nation for the payment of any portion of such Annual Payment of any other Lessee. In the event that one or more Lessees fails to pay the Nation its portion of such Annual Payment at the time such Annual Payment is submitted to the Nation, APS (or the then operator of the Plant) shall inform the Nation of the name of the Lessee(s) failing to make the Annual Payment and the specific amount of each such Lessee’s shortfall. In the event the Nation incurs costs associated with obtaining the required Annual Payment owed, the Nation shall be entitled to recover from the defaulting Lessee(s) its associated costs, including, but not limited to, attorney’s fees, filing fees and interest accrued. A list of each Lessee’s portion of the Annual Payment shall be provided to the Nation.
9.5 The Nation agrees that the Annual Payment payable by APS and the Lessees constitutes fair and adequate consideration for the rights granted in the 1960 Lease, the 1966 Lease, the Existing § 323 Grants and the Renewed § 323 Grants.
9.6 Upon agreement between the Lessees, the percentage of the Annual Payment owed by each of APS and the Lessees, respectively, may be changed without the consent of the Nation. But in no event shall the amount due be less than 100% of the Annual Payment, as calculated in accordance with Section 9.2. In the event of a change in payment percentages, an updated list of each Lessee’s portion of the Annual Payment shall be provided to the Nation.
9.7 In consideration of the Annual Payment made by APS and the Lessees, respectively, t...
Annual Payment. One payment for the balance of tuition (after 10% deposit) is paid in full by August 1, 2020. A 5% discount is available for selecting this option.
Annual Payment. If the Customer fails to make timely payment of any Annual Payment:
8.3.1. the Customer immediately ceases to be entitled to any Discount applied in relation to the purchase or renewal of the Minimum Purchase or any Subsequent Subscriptions or Later Subsequent Subscriptions (as applicable);
8.3.2. the grant of rights to the Customer in relation to the Fallback Version are immediately withdrawn and the Customer is not entitled to the continued use of a Fallback Version in relation to any Product held in the name of the Customer; and
8.3.3. JetBrains may, in its sole discretion, exercise any of the rights set out in clause 9 of this Agreement.
Annual Payment. The District shall make an annual payment of up to the amount indicated in the accompanying table for the year of retirement annually to the retiree’s Minnesota State Retirement System (MSRS) post-retirement health care savings account for those who meet the eligibility requirements in 9.
Annual Payment. The employee who has been employed the whole year in the previous financial year receives an annual payment, unless in the opinion of the employer the operating results do not allow this. The annual payment is 1/12 of the fixed annual salary. In the event of early commencement of employment, early retirement, part-time employees or when part of the financial year has been worked, this payment is pro rata. If the employee is entitled to any staff, profit-sharing or other bonus the annual payment is set off against this. This annual payment is deemed to be part of it.
Annual Payment. You will be billed in advance for twelve months of subscription fees. Such payment shall be due within thirty (30) days of the Effective Date, regardless of whether or not a Ramp Period applies. This payment covers the Term of the Agreement, beginning upon the end of the Ramp Period. During the Ramp Period, you will be billed for actual usage at the pro-rated Annual Subscription rates set forth in the Order Form. After the Ramp Period, if actual usage in a month exceeds Annual Subscription amount set forth in the Order Form (prorated for a one month period), you will be charged for such excess usage at the Subscription Overage fee listed in the Order Form. All invoices are due within thirty (30) days of the date of such invoice. Any prepaid amount is non-refundable.
Annual Payment. (a) Subject to clause 9.3(b) and clauses 9.7 and 9.11, on each Payment Date, the Performing Subsidiary must pay to the Trustee an amount equal to the lesser of:
(i) the Annual Contribution Amount for that Payment Date plus, for the Payment Date falling on 1 July 2007, $7.7 million; and
(ii) whichever is the greater of:
(A) the amount equal to the Free Cash Flow Amount for that Payment Date multiplied by the Qualifying Capital Ratio applicable at that time; and
(B) zero, less, in respect of the Payment Date falling on 1 July 2007, $7.7 million.
(b) If the amount calculated under clause 9.3(a) in respect of a Payment Date (as adjusted by clause 9.14(b)) is a negative amount and JHISE Notifies the Trustee that this clause 9.3(b) should apply, on that Payment Date the Trustee must pay the absolute value of that negative amount to the Performing Subsidiary or to such other entity nominated by the Performing Subsidiary.
Annual Payment. Subject to clause 9.3(b) and clauses 9.7 and 9.11, on each Payment Date, the Performing Subsidiary must pay to the Trustee an amount equal to the lesser of:
