Concessionary Period Sample Clauses

Concessionary Period. Notwithstanding anything herein to the contrary other than in Section 13(e), during the Concessionary Period, Producer may (but shall not be obligated to) defer payment of the amounts described in Section 13(b)(i) until the Concessionary Payment Date (the amount of any such deferred payments, in the aggregate, the “Deferred Corn Supply Payments”). The term “Concessionary Payment Date” means the date that is [***] Cargill Working Days after the Delivery Date.
AutoNDA by SimpleDocs
Concessionary Period. Notwithstanding anything herein to the contrary, during the Concessionary Period (as defined in the Agreement and Omnibus Amendment, dated as of July 30, 2009, by and between Landlord and Tenant), Tenant may (but shall not be obligated to) defer payment under Section 3.01 of up to USD $[***] per month (the amounts of such deferred payments, in the aggregate, the “Deferred Rent Payments”) without penalty hereunder (including, for the avoidance of doubt, payment of interest under Section 3.04). The Deferred Rent Payments shall be paid by Tenant in twenty-four (24) equal monthly installments, with the first such installment to be due and payable on the first day of the calendar month following the expiration or termination of the Concessionary Period, and subsequent installments to be due and payable on the first business day of each calendar month thereafter.
Concessionary Period. Notwithstanding anything herein to the contrary, during the Concessionary Period, Cargill shall not be obligated to enter into any sales agreement for Producer’s Ethanol with a term that is in excess of forty-five (45) days.
Concessionary Period. Notwithstanding anything herein to the contrary, Cargill agrees to defer the payment of [***] percent [***%] of the Cargill Commission (as such term is described in each of Exhibit A and Exhibit B) that accrues during the Concessionary Period, except the portion thereof equal to [***] (USD $[***]) per gallon of Ethanol sold (the amount of such deferred payments, in the aggregate, the “Deferred Ethanol Commission Payments”). The Deferred Ethanol Commission Payments shall be paid by Producer in twenty-four (24) equal monthly installments, with the first such installment to be due and payable on the one year anniversary of the Concession Effective Date, and subsequent installments to be due and payable on the first business day of each calendar month thereafter.
Concessionary Period. Notwithstanding anything herein to the contrary, during the Concessionary Period, Cargill shall not be obligated to enter into any sales agreement for DG with a term that is in excess of ninety (90) days. (b) in Section 3.2, immediately following the second parenthetical, the following shall be added: “(excluding any such Contract Year which includes all or any portion of the Concessionary Period)”. (c) the following shall be added as Section 3.4:
Concessionary Period. Notwithstanding anything herein to the contrary, Cargill agrees to defer the payment of [***] percent [***%] of each of the Cargill Commissions (as such term is described on Exhibit A) that accrues during the Concessionary Period, except the portion thereof equal to (i) with respect to the Cargill Standard Commission, Cargill Non-Standard Commission and Cargill Own Account DDG Commission, [***]% of the F.O.B. Facility Price and (ii) with respect to any other Cargill Commissions, $[***] per ton (such deferred amounts, in the aggregate, the “Deferred DG Commission Payments”). The Deferred DG Commission Payments shall be paid by Producer in twenty-four (24) equal monthly installments, with the first such installment to be due and payable on the one year anniversary of the Concession Effective Date, and subsequent installments to be due and payable on the first business day of each calendar month thereafter. (d) Exhibit A shall be deleted in its entirety and replaced with Exhibit A attached hereto.

Related to Concessionary Period

  • Probationary Period A newly hired employee or a former employee who is rehired, except as otherwise provided herein, shall be on a probationary period for the first ninety (90) working days of his/her employment or re-employment. An employee who has been voluntarily or involuntarily transferred to another position covered by this Agreement shall be a probationary employee for the first ninety (90) working days of his/her employment in that position. An employee that has been transferred from a District position that is not covered by this Agreement shall be a probationary employee for the first ninety (90) working days of his/her employment in a position covered by this contract. The probationary employee shall accrue no seniority during the probationary period. The District shall have the right to discharge a 90 day probationary employee during the probationary period, and such employee shall not have recourse to the grievance procedure. If an employee is promoted, or is transferred to a new position within the District, that employee shall serve a period of probation of ninety (90) working days in that new position. If the employee does not successfully complete that period of probation, the employee will return to the identical job classification, at the same salary level, with the same level of seniority and the same job skills classification, which the employee had before the promotion or transfer. The employee will not necessarily be returned to the same job which the employee had before the promotion or transfer, however. A probationary employee, who voluntarily requests to be returned to the employee’s previous position will be permitted to do so only at the discretion of the Aberdeen School District. Upon the completion of the probationary period, the employee shall be added to the seniority list as of the last date of hire. The successful completion of the probationary period should not be construed as creating a contract or as guaranteeing employment for any specific duration or as establishing a just cause termination standard.

  • Concession Period The Concession Period shall be for a period of 27 years from the Compliance Date ("the Concession Period") during which the Concessionaire is authorised to implement the Project on DBFOT basis including management of all facilities and resources required for integrated management of Solid Waste in accordance with the provisions hereof: Provided that in the event of Termination, the Concession Period shall mean and be limited to the period commencing from the Compliance Date and ending with the Termination Date.

  • Promotional Probationary Period An employee who has previously completed the requisite probationary period and who is rejected during a subsequent probationary period for a promotional appointment shall be reinstated to the former position from which the employee was appointed. If the employee was dismissed from employment during the promotional probationary period, the employee shall not be entitled to such reinstatement rights.

  • Probationary Periods Employees transferring to a different title will serve a six (6) calendar month probationary period. In the event the probationary period is not satisfactorily completed, the affected employee shall be returned to Job Bank assignment and the employee’s “bumping”, layoff or transfer rights under the Agreement or other applicable authority shall be restored to the same extent such rights existed prior to the employee taking the probationary position. Upon the affected employee’s first such return to the Job Bank, the employee shall be entitled to remain in the Job Bank for the greater of ten (10) business days, or the duration of the applicable Job Bank period, as determined under Article I, paragraph 2, that remained as of the date the employee began in the probationary position. The rate of compensation for the remainder of the employee’s time in the Job Bank will be the same as the rate in effect as of the employee’s last day in the probationary position. Return to the Job Bank terminates the employee’s work in the probationary assignment and, therefore, time served following the return to the Job Bank shall not be construed to count toward the completion of the probationary period.

  • CONTRACT RENEWAL PERIOD FURNITURE ADDITIONS/DELETIONS: Contractors wishing to make furniture additions/changes to their contract during the contract period should be aware of the following additions/changes will be allowed only once during a contract period. No changes to discount percentages are allowed during this contract period. Additions/changes must be submitted during the contract renewal period. When requesting additions and/or changes; contractor shall submit a request either by letter or via email which shall include a list of all items being proposed for addition and/or change. Contractor shall submit all required documents supporting any new items. Product literature for all new items shall also be submitted with the request. Contractor is responsible for submitting a complete name, address, email address, phone and fax numbers when a new dealer is added.

  • Concession A concession by the Borrower, after applicable notice and cure periods, under any one or more obligations in an aggregate monetary amount in excess of $100,000.

  • Extension of Probationary Period III.6.3.3.1 Notwithstanding the various provisions above which define a maximum period of probationary service, a member who has had a pregnancy leave during her probationary period under IV.13.6.2

  • Length of Probationary Period For all classifications, with the exception of those specified in 1801-B, the probationary period is 1,040 compensable hours exclusive of overtime. If federal, state or local law requires a longer probationary period, such law shall prevail. The probationary period for a less than full time employee shall equal the same number of hours (1,040) that have to be served by a full-time employee.

  • Completion of Probationary Period An employee who has completed the probationary period may be suspended without pay or discharged only for cause. An employee who has completed the probationary period and is suspended without pay or discharged shall have access to the grievance procedure.

  • Hire Period 5.1 Where hire of the Hire Goods is to a Customer who is an individual (whether a consumer or otherwise) or relevant recipient of credit as defined under Article 60L of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 e.g. (a). a partnership consisting of two or three persons not all of whom are bodies corporate, or (b) an unincorporated body of persons which does not consist entirely of bodies corporate and is not a partnership(‘Relevant Individual’), the Hire Period shall commence on the date [specified out in writing by the Supplier] (‘Hire Start Date’) and shall end on the earlier of (i) [the date specified in the Commercial Terms Schedule]; or (ii) the last day of the 3 month period commencing on the Hire Start Date (‘Option 1 Hire End Date’). For the avoidance of doubt, as the Hire Period to Relevant Individuals is no longer than 3 months, the hire of any Hire Goods is not covered by the Consumer Credit Act 1974. 5.2 Where the Customer is not a Relevant Individual, the Hire Period shall commence on the Hire Start Date and shall end on the date specified in the Commercial Terms Schedule (‘Option 2 Hire End Date’). 5.3 On the Option 1 Hire End Date or the Option 2 Hire End Date (as applicable), the Customer shall: (i) physically return the Hire Goods into the Supplier’s possession; or (ii) make the Hire Goods available for physical repossession or collection by the Supplier [in a location specified by the Supplier], as applicable. 5.4 For the avoidance of doubt, the Hire Period shall automatically end on the Option 1 Hire End Date or the Option 2 Hire End Date, as applicable and the Customer shall not be required to pay the Rental in respect of any period in which the Hire Goods are in the Customer’s possession or control outside the Hire Period. 5.5 Notwithstanding clause 5.4, If the Customer fails to comply with its obligations in this clause 5, then it shall be liable for any financial loss which this causes the Supplier [and shall indemnify the Supplier in full and on demand in respect of any costs, liabilities, losses and expenses (including legal fees) incurred as a result].

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!