Compensatory Payments. 12.1 The Employers undertake to lobby the industry to agree provisions in contracts for diving services work with a view to introducing where the contract conditions allow. A form of Compensatory Payment for Embarkation Delays
Compensatory Payments. Notwithstanding anything in this Agreement to the contrary, any payments that are compensatory in nature (including, for the avoidance of doubt, any Transaction Expenses) required to be made hereunder to an employee of the Company or the Subsidiaries shall in the first instance be made to the Company (or the Subsidiaries, successor or assignee, as applicable), so that the Company (or the Subsidiaries, successor or assignee, as applicable) may make such payment through the appropriate payroll account or process and net of any applicable Tax withholdings.
Compensatory Payments. 12. Based on a file review and follow-up analysis conducted by the Department of justice with the full Cooperation and assistance of Xxxxxxxxxx, the United States has identified 117 applications submitted by African Americans that were charged prices for residential first mortgage loans greater than the average price charged white borrowers in the Cleveland market between October 1991 through September 1993 (the "aggrieved persons"). Each such African-American borrower who paid a price higher than the average price charged white borrowers will be deemed to have been aggrieved and will be entitled to compensation pursuant to the terms of this Settlement Agreement; provided, however, that any African-American borrower who paid a higher price as part of a scheme to defraud Huntington or as part of a scheme to induce Huntington to extend credit based on the submission of blatantly false documents in violation of federal law shall be excluded from the aggrieved persons entitled to receive funds under this Settlement Agreement.
Compensatory Payments. Notwithstanding anything herein to the contrary, this Article V shall not apply to any Compensatory Payments, the payment of which shall be as set forth in Sections 3.05 hereof.
Compensatory Payments. 2.34 The Government acknowledge the importance of these payments, especially to low income farmers and, as stated above, regard the efficient and timely payment of headage as a major priority. It is the Government’s intention to ensure an adequate level of resources to fund the scheme and a sum of million was provided for headage in the 1994Budget. The Government will press for a rapid decision from the EU on their proposal for an extension and reclassification of Disadvantaged Areas and, following a positive decision, are committed to its implementation.
Compensatory Payments. 4.1.3. Incentive payments: - payment for the intensity and high performance of work, complexity till _____________ RUB
Compensatory Payments. Notwithstanding any provision in this Agreement to the contrary, to the extent payment of any consideration under this Agreement with respect to Common Shares, shares of Series B Preferred Stock, Phantom Common Shares or Phantom Series B Shares shall be treated as compensation income subject to income and employment tax withholdings (“Management Equity Compensation”), then Buyer, the Paying Agent or the Escrow Agent shall make any such payments to the Company and the Company shall on behalf of Buyer, the Paying Agent or the Escrow Agent, make such payment, net of all applicable Tax withholdings thereon, to the holder of such Common Shares, shares of Series B Preferred Stock, Phantom Common Shares and Phantom Series B Shares through the Company’s payroll system, and the Company shall satisfy and be responsible for remitting all Tax withholdings thereon.
Compensatory Payments. Notwithstanding anything in this Agreement to the contrary, any payments that are compensatory in nature (including, for the avoidance of doubt, any Transaction Expenses) required to be made hereunder to an employee of the Company or the Subsidiaries shall in the first instance be made to the Company (or the Subsidiaries, successor or assignee, as applicable), so that the Company (or the Subsidiaries, successor or assignee, as applicable) may make such payment through the appropriate payroll account or process and net of any applicable Tax withholdings. For the avoidance of doubt, any payments due to any Optionholder or any SARs Holder pursuant to this Agreement shall be paid through 1st Partners’ or other designated payroll system to the applicable Optionholder and SARs Holder, in each case subject to any applicable deductions or withholding Taxes applicable to such individuals, which Taxes shall be remitted in a timely manner to the appropriate Taxing Authority.
Compensatory Payments. Parent agrees that any amounts to be paid pursuant to this Agreement that is treated as compensation for income tax purposes may be paid to the Company or Company Subsidiary (at such time upon which such payment is due), which in turn, shall pay the applicable recipient such amounts through the Company’s or Company Subsidiary’s payroll, less applicable withholding Taxes, and will be treated for all purposes of this Agreement as having been paid to the recipient in respect of which such withholding was made.
Compensatory Payments. Parent shall cause the Surviving Company to pay (i) to each recipient of a Sale Bonus Payment, the amount of such Sale Bonus Payment set forth on the Distribution Schedule, and (ii) to each holder of a Company Phantom Unit, the amount payable at the Closing with respect thereto as set forth on the Distribution Schedule, in each case, subject to such recipient’s or holder’s execution and delivery to the Company of a duly executed Bonus Receipt Agreement in the form attached hereto as Exhibit G (“Bonus Receipt Agreement”), and subject to withholdings that are required to be made under any federal, state, local or foreign Tax law with respect to such payments. Such amount shall be paid to the recipient or holder no later than the later of (A) the Closing Date, or (B) the next regularly scheduled pay day of the Surviving Company after receipt of the Bonus Receipt Agreement (provided, that if a Bonus Receipt Agreement is received more than three (3) Business Days prior to the Closing Date, the amount payable thereunder shall be paid on the Closing Date). Notwithstanding anything to the contrary in this Agreement, none of Parent, the Surviving Company or other Affiliates of Parent shall be liable to a recipient of a Sale Bonus Payment or a holder of a Company Phantom Unit for any amount delivered to a public official pursuant to and as required by any applicable abandoned property, escheat or similar Law, if such person fails to duly execute and deliver the related Bonus Receipt Agreement.
