Auction Premium Rebate Sample Clauses

Auction Premium Rebate. The Auction Premium Rebate shall be calculated based on the following formula for each Auction during the Season: APR   TAP  TAC   TTSC   TTSAC  
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Auction Premium Rebate. AUCTION PREMIUM REBATE The Auction Premium Rebate shall be calculated based on the following formula for each Auction during the Season: APR = ⎛ TAP − TAC ⎞ × TTSC ⎜ ⎝ TTSAC ⎟ ⎠ Where: APR is amount of the Auction Premium Rebate paid to the Customer in respect of an Auction. TAP is the total Auction Premiums received by CBH for Auction Capacity in respect of an Auction including any interest earned by CBH on those Auction Premiums. TAC is the Total Auction Costs attributed to that Auction. TTSAC is the total tonnes of grain shipped from all four Port Terminal Facilities by all CBH Customers using Auction Capacity acquired in that Auction . TTSC is the total tonnes of Bulk Wheat shipped by CBH on behalf of the Customer from all Port Terminal Facilities using Auction Capacity acquired in that Auction. Deleted: HARVEST SHIPPING Deleted: Harvest Shipping Deleted: H Deleted: Harvest Shipping Deleted: H Deleted: R Deleted: Harvest Deleted: H Deleted: for Deleted: e Deleted: Harvest Shipping Period Deleted: (s) Deleted: H Deleted: for Shipping Windows within the Harvest Shipping Period through the Auction(s) Deleted: H Deleted: for Shipping Windows within the Harvest Shipping Period through the Auction(s)
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Auction Premium Rebate. The Auction Premium Rebate shall be calculated based on the following formula for each Auction during the Season: APR   TAP  TAC   TTSC  TTSAC    Where: APR is amount of the Auction Premium Rebate paid to the Customer in respect of an Auction. TAP is the total Auction Premiums received by CBH for Auction Capacity in respect of an Auction including any interest earned by CBH on those Auction Premiums. TAC is the Total Auction Costs attributed to that Auction. TTSAC is the total tonnes of grain shipped from all four Port Terminal Facilities by all CBH Customers using Auction Capacity acquired in that Auction .
Sample 1
Auction Premium Rebate. The Auction Premium Rebate shall be calculated based on the following formula for each Auction during the Season: Where: APR is amount of the Auction Premium Rebate paid to the Customer in respect of an Auction. TAP is the total Auction Premiums received by CBH for Auction Capacity in respect of an Auction including any interest earned by CBH on those Auction Premiums. TAC is the Total Auction Costs attributed to that Auction. TTSAC is the total tonnes of grain shipped from all four Port Terminal Facilities by all CBH Customers using Auction Capacity acquired in that Auction .
Sample 1
Auction Premium Rebate. AUCTION PREMIUM REBATE The Auction Premium Rebate shall be calculated based on the following formula for each Auction during the Season: APR =  TAP − TAC  × TTSC  TTSAC    Where: APR is amount of the Auction Premium Rebate paid to the Customer in respect of an Auction. TAP is the total Auction Premiums received by CBH for Auction Capacity in respect of an Auction including any interest earned by CBH on those Auction Premiums. TAC is the Total Auction Costs attributed to that Auction. TTSAC is the total tonnes of grain shipped from all four Port Terminal Facilities by all CBH Customers using Auction Capacity acquired in that Auction . TTSC is the total tonnes of Grain shipped by CBH on behalf of the Customer from all Port Terminal Facilities using Auction Capacity acquired in that Auction.
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Auction Premium Rebate. Within 30 days of the end of the Term, CBH will pay the Auction Premium Rebate (if any) to the Customer.
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Auction Premium Rebate. (a) CBH will pay the Harvest Shipping Auction Premium Rebate (if any) to the Customer within 25 Business Days of the end of the Harvest Shipping Period. CBH may, in its discretion elect to pay this rebate in one or more instalments prior to the end of the Harvest Shipping Period. If payment in instalments results in the Customer receiving more than they would otherwise be entitled to, the Customer agrees to refund any such overpayment within 10 Business Days of CBH sending a written demand for a refund to the Customer.
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Related to Auction Premium Rebate

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Advance Payment The right to indemnification conferred in this Article VII shall include the right to be paid or reimbursed by the Company the reasonable expenses incurred by a Person of the type entitled to be indemnified under Section 7.3 who was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition of the Proceeding and without any determination as to the Person’s ultimate entitlement to indemnification; provided, however, that the payment of such expenses incurred by any such Person in advance of the final disposition of a Proceeding shall be made only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief that he has met the standard of conduct necessary for indemnification under Article VII and a written undertaking, by or on behalf of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is not entitled to be indemnified under this Article VII or otherwise.

  • Premium Pay “Premium Pay” is a special pay rate for working during times that are less desirable, such as weekends, holidays or late shifts. The City will not pay the Consultant Premium Pay.

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