Charter Pay Sample Clauses

The Charter Pay clause defines the payment obligations of the charterer to the shipowner under a charter party agreement. It typically specifies the amount, frequency, and method of payment for the use of the vessel, such as daily hire rates or lump sum payments, and may address adjustments for off-hire periods or delays. This clause ensures that both parties have a clear understanding of the financial terms, reducing the risk of disputes over payment and providing a framework for handling payment-related issues during the charter period.
Charter Pay. All charters will be paid at a single charter rate. Pay begins at the time an operator reports for an assignment. Pay continues until the bus is dropped at the conclusion of the assignment or at the start of the period when the operator is released to obtain rest at a room provided by the Company or charter party. Pay will commence again when the operator is required to report back on duty. If a charter of less than 36 hours requires an operator to secure rest (nine hours or more), away from his/her home location, the operator will be paid a minimum of eight hours of pay at the charter rate each day. No minimum pay is due on charters less than 36 hours when an operator is not required to secure their rest to continue the charter. On charters of 36 hours or more, operators will receive a guarantee of eight hours at the charter rate in each 24-hour period completed. If the last day of the charter is less than 24 hours, operators will be paid for actual work performed. The 24-hour period commences at the time of assignment of the charter. If a charter of 36 hours or more or a charter that requires an operator to secure their rest away from home is canceled through no fault of the operator and the operator reaches the pick-up point, the operator will be paid a minimum of eight hours at the charter rate and placed on the bottom of the board. Meal allowance will only be paid on charters of 36 hours or more when away from home as provided in the Meal Allowance section. If regular operators are assigned a charter they will be guaranteed an amount equal to their regular earnings for the duration of the charter. If a regular operator is assigned on their day off, they will be paid at time and one-half for the charter. If a regular operator is requested by the chartering party, there will be no guarantee or overtime due to the operator. Operators accepting request charters from a city other than their home location must position themselves at no cost to the Company.
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Charter Pay. A Flight Attendant who works a Charter flight will be paid fifty cents ($0.50) per block hour in addition to their applicable rate of pay.
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Charter Pay. All charters will be paid at a single char- ter rate. Pay begins at the time an operator reports for an assign- ment. Pay continues until the bus is dropped at the conclusion of the assignment or at the start of the period when the operator is released to obtain rest at a room provided by the Company or char- ter party. Pay will commence again when the operator is required to report back on duty. If a charter of less than 36 hours requires an operator to secure rest (nine hours or more), away from his/her home location, the operator will be paid a minimum of eight hours of pay at the charter rate each day. No minimum pay is due on charters less than 36 hours when an operator is not required to secure their rest to continue the charter. On charters of 36 hours or more, operators will receive a guar- ▇▇▇▇▇ of eight hours at the charter rate in each 24-hour period com- pleted. If the last day of the charter is less than 24 hours, operators will be paid for actual work performed. The 24-hour period com- mences at the time of assignment of the charter. If a charter of 36 hours or more or a charter that requires an operator to secure their rest away from home is canceled through no fault of the operator and the operator reaches the pick-up point, the operator will be paid a minimum of eight hours at the charter rate and placed on the bottom of the board. Meal allowance will only be paid on charters of 36 hours or more when away from home as provided in the Meal Allowance section. If regular operators are assigned a charter they will be ▇▇▇▇▇▇- ▇▇▇▇ an amount equal to their regular earnings for the duration of the charter. If a regular operator is assigned on their day off, they will be paid at time and one-half for the charter. If a regular opera- tor is requested by the chartering party, there will be no guarantee or overtime due to the operator. Operators accepting request charters from a city other than their home location must position themselves at no cost to the Company.
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Charter Pay. All charters will be paid at a single charter rate. Pay begins at the time an operator reports for an assignment. Pay continues until the bus is dropped at the conclusion of the as- signment or at the start of the period when the operator is released to obtain rest at a room provided by the Company or charter party. Pay will commence again when the operator is required to report back on duty. If a charter of less than 36 hours requires an operator to secure rest (nine hours or more), away from his/her home location, the op- erator will be paid a minimum of eight hours of pay at the charter rate each day. No minimum pay is due on charters less than 36 hours when an operator is not required to secure their rest to continue the charter. On charters of 36 hours or more, operators will receive a guarantee of eight hours at the charter rate in each 24-hour period completed. If the last day of the charter is less than 24 hours, op- erators will be paid for actual work performed. The 24-hour period commences at the time of assignment of the charter. If a charter of 36 hours or more or a charter that requires an operator to secure their rest away from home is canceled through no fault of the opera- tor and the operator reaches the pick-up point, the operator will be paid a minimum of eight hours at the charter rate and placed on the bottom of the board. Meal allowance will only be paid on charters of 36 hours or more when away from home as provided in the Meal Allowance sec- tion. If regular operators are assigned a charter they will be ▇▇▇▇▇▇- ▇▇▇▇ an amount equal to their regular earnings for the duration of the charter. If a regular operator is assigned on their day off, they will be paid at time and one-half for the charter. If a regular operator is requested by the chartering party, there will be no guarantee or overtime due to the operator. Operators accepting request charters from a city other than their home location must position themselves at no cost to the Com- pany.
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Charter Pay. Operators will be paid the charter driving rate for all time spent driving and the protection rate for all non-driving time, including hours logged off duty, except when securing required DOT rest. Pay begins at the time an operator reports for an assignment. Pay continues until the bus is dropped at the conclusion of the assignment or at the start of the period when the operator is released to obtain rest at a room provided by the Company or charter party. Pay will commence again when the operator is required to report back on duty. If a charter of less than 36 hours requires an operator to secure rest (nine hours or more), away from his home location, the operator will be paid a minimum of eight hours of pay at the charter driving rate. On charters of 36 hours or more, operators will receive a guarantee of eight hours at the driving rate in each complete 24-hour period. The 24-hour period commences at the time of assignment of the charter. If such charter is canceled through no fault of the operator, after the operator reaches the pick-up point, the operator will be paid a minimum of eight hours at the charter driving rate and placed on the bottom of the board. Meal allowance will only be paid on charters of 36 hours or more as provided in the Meal Allowance section. If regular operators are assigned a charter they will be guaranteed an amount equal to their regular earnings for the duration of the charter, unless requested; in which case, there is no guarantee. Operators accepting request charters from a city other than their home location must position themselves at no cost to the Company.
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Related to Charter Pay

  • Charter The terms of this Lease shall be governed by and subject to the budget and fiscal provisions of the Charter of the City and County of San Francisco.

  • Charter Documents The Company shall not take any action or omit to take any action that would cause the Company to be in breach or violation of any of its Charter Documents.

  • Charters Each Vessel Owner shall be entitled to let its Collateral Vessels, pursuant to an Eligible Charter or other Charter, provided always that each Vessel Owner complies with the terms of this Agreement and the other Loan Documents (including the Concentration Limit Requirements) and: (a) if a Vessel Owner enters into a Charter in respect of a Collateral Vessel, it promptly notifies the Administrative Agent thereof; (b) such Vessel Owner shall either promptly obtain the consent (if required) of the Charterer to the assignment of that Charter pursuant to the General Assignment or ensure that the terms of such Charter permit assignment of that Charter without consent; (c) such Vessel Owner serves a notice of assignment upon the Charterer pursuant to the terms of the General Assignment and, if such Vessel Owner is party to a Charter with a term that exceeds twelve (12) months (including any extension options) such Vessel Owner shall obtain an acknowledgement from the Charterer (and such Vessel Owner shall use reasonable endeavors to obtain such acknowledgement in a signed writing as opposed to by email, which shall otherwise be acceptable if such Charterer refuses to provide such acknowledgement in a signed writing); (d) Vessel Owners may only enter into bareboat or demise charters with Eligible Bareboat Charterers, as such term is defined in Schedule 2.02, and, prior to entering into any such bareboat or demise charter, the Borrower shall procure that a Charterer’s Undertaking is provided by the applicable Charterer (unless, after using commercially reasonable efforts to procure such Charterer’s Undertaking, the Borrower is unable to reach agreement with the relevant Charterer for the provision of such Charterer’s Undertaking and the Administrative Agent consents to the foregoing). In addition, the Borrower shall procure that any such bareboat or demise charter includes an undertaking from the Charterer to the effect that such Charterer will not permit the use or operation of the applicable Collateral Vessel (i) in any country or territory that at such time is the subject of Sanctions, or (ii) in any other manner that will result in a violation by any Person, the Finance Parties or any other person participating in the Program Debt (whether as underwriter, advisor, investor or otherwise) of Sanctions; (e) Vessel Owners shall procure the prior written consent of the Administrative Agent for any charter where more than six (6) months charterhire is paid in advance; (f) Vessel Owners shall procure the prior written consent of the Administrative Agent for any arrangement under which Earnings of any Collateral Vessel may be shared with anyone else; and (g) Vessel Owners shall procure the prior written consent of the Administrative Agent for any charter with any Affiliate of the Guarantor or which is otherwise than on arm’s length terms.

  • Off-Balance Sheet Arrangements There is no transaction, arrangement, or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in its 1934 Act filings and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.