CONSIDERATION TO MANAGER Sample Clauses

CONSIDERATION TO MANAGER. CPC undertakes to pay to the Manager on demand the sum of $10.00 in consideration of the agreements and undertakings by the Manager in this Agreement, and the Manager declares that the said consideration is adequate and satisfactory. EXECUTED by THE CREEKS PIPELINE COMPANY ) LIMITED without affixing a common seal pursuant to section ) 127 of the Corporations Act 2001 (Cth) ) ) ………………………………………..…………… Signature of Director ………………………………………..…… Signature of *Director / *Secretary ………………………………………..…………… Name of Director ………………………………………..…… Name of *Director / *Secretary (*Please delete the inapplicable and affix the common seal if the company has a seal) EXECUTED by the CUSTOMER *without affixing a ) common seal / *by affixing its common seal pursuant to section ) 127 of the Corporations Act 2001 (Cth) ) ) ………………………………………..…………… Signature of *Director / *Sole Director and Sole Company Secretary ………………………………………..…… Signature of *Director / *Secretary ………………………………………..…………… Name of *Director / *Sole Director and Sole Company Secretary ………………………………………..…… Name of *Director / *Secretary (*Please delete the inapplicable and affix the common seal if the company has a seal) SIGNED by the Customer ) in the presence of: ) ………………………………………… Signature of Customer ……………………………………….. ……………………………………….. Signature of Witness Print Full Name of Customer ……………………………………….. Print Full Name of Witness ……………………………………….. ……………………………………….. ……………………………………….. Residential address of Witness SIGNED by the Customer ) in the presence of: ) ………………………………………… Signature of Customer ……………………………………….. ……………………………………….. Signature of Witness Print Full Name of Customer ……………………………………….. Print Full Name of Witness ……………………………………….. ……………………………………….. ……………………………………….. Residential address of Witness SIGNED by the Customer ) in the presence of: ) ………………………………………… Signature of Customer ……………………………………….. ……………………………………….. Signature of Witness Print Full Name of Customer ……………………………………….. Print Full Name of Witness ……………………………………….. ……………………………………….. ……………………………………….. Residential address of Witness EXECUTED by the MANAGER *without affixing a common ) seal / *by affixing its common seal pursuant to section 127 of ) the Corporations Act 2001 (Cth) ) ) ………………………………………..…………… Signature of *Director / *Sole Director and Sole Company Secretary ………………………………………..…… Signature of *Director / *Secretary ………………………………………..…………… Name of *Director / *Sole Director and Sole Company Secretary ………………………………………..…… Name of *Di...
Sample 1
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CONSIDERATION TO MANAGER. In consideration of Manager's performance of the management services required under this Agreement, Owner shall compensate Manager as follows: a. Owner shall pay Manager one hundred thousand dollars ($100,000) on the fifteenth (15th) and on the last day of each month, for a total of two hundred thousand dollars ($200,000) each month. Such amount shall be adjusted annually, on the anniversary of the Effective Date, by a percentage equal to the percentage increase in the CPI between the Effective Date and such anniversary Date ("Fixed Management Fee"). b. On or before the twentieth (20th) day of each month, Owner shall pay Manager forty percent (40%) of the EBITDA (earnings before interest, taxes, depreciation and amortization) generated by the Business for the previous month, less the amount of Fixed Payment in the previous month ("Contingent Management Fee"). c. In the event that any payment due Owner shall become overdue for a period of five (5) days, a late charge of five cents ($.05) for each dollar ($1.00) so overdue may be charged by Owner for the purpose of defraying the expense incident to handling such delinquent payment. d. Owner, with the written consent of Manager, shall have the right to designate certain senior staff of Manager (not to exceed three (3)), whose sole responsibilities are to provided services in connection with the Business, to become employees of Owner. Such employees shall be compensated by Owner and shall remain under the management and supervision of Manager. Any compensation negotiated directly with such employees shall not be considered in determining EBITDA in connection with the calculation of the Contingent Management Fee.
Sample 1

Related to CONSIDERATION TO MANAGER

  • Consideration to the Company In consideration of the grant of the Option by the Company, the Participant agrees to render faithful and efficient services to the Company or any Subsidiary. Nothing in the Plan or this Agreement shall confer upon the Participant any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Participant at any time for any reason whatsoever, with or without Cause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Participant.

  • Independent Consideration Contemporaneously with the execution and delivery of this Agreement, Buyer has paid to Seller as further consideration for this Agreement, in cash, the sum of One Hundred Dollars ($100.00) (the “Independent Consideration”), in addition to the Deposit and the Purchase Price and independent of any other consideration provided hereunder, which Independent Consideration is fully earned by Seller and is non-refundable under any circumstances.

  • Information to the Union 16-5.1 The Board shall make available to the Union upon request and with reasonable time to respond any reasonable information, statistics, and records which are relevant to negotiations, grievances, or necessary for the proper and legitimate enforcement of the terms of this Agreement. A copy of the annual Audit and Budget shall be sent to the Union President when available. 16-5.2 The President shall be furnished a copy of the agenda of every Board meeting three (3) days in advance of each regular meeting and notice of a special meeting as well as resolutions duly adopted at the last meeting. 16-5.3 Form 31 and all supplements thereto and the public school budget prescribed by the Commissioner of Education under the provisions of Section 26, Chapter 7 of Title 16, General Laws of 1956, as amended, shall be delivered to the Union President no later than ten (10) days after the filing of such reports with the Department of Education. A copy of the itemized annual budget shall be delivered to the President of the Union within ten (10) days after approval by the Board. 16-5.4 Two (2) copies of any and all notices sent to teachers by the Board or by any of its administrative agents shall be sent to the Union Office. Also, two (2) copies of any and all job postings by the Board or by any of its administrative agents shall be sent to the Union office.

  • Consideration Payment 5.1 In consideration of the Company’s Services, the Client shall pay to the Company the Consideration to be stipulated in the Termsheet and all reasonable out of pocket expenses (if any) in accordance with the commercial terms and payment terms as detailed in the Separate Agreement. 5.2 The Company shall send its staff to check for the quality of completion of the Project(s) together with the Client. The Client shall pay for the Company’s Services within 90 days upon the completion of the Project(s) to the satisfaction of the Client. 5.3 The Company shall be entitled to the receivables from the Client for the percentage of Work completed. The date of payment of such Work is stated in the Termsheets and unless the Company is not satisfied with the quality of Work completed and/or the Client has not fulfilled the terms and conditions specified under the Termsheets.

  • Considerations on Review In considering the review, the Plan Administrator shall take into account all materials and information the claimant submits relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination.

  • Additional Consideration Retrocessionaire agrees to pay under the Inuring Retrocessions all future premiums Retrocedant is obligated to pay pursuant to the terms of the Inuring Retrocessions to the extent that such premiums are allocable to Retrocessionaire in the manner set forth in Exhibit E hereto, and not otherwise paid by Retrocessionaire and to indemnify Retrocedant for all such premiums paid directly by Retrocedant, net of any ceding commissions and similar amounts paid by Third Party Retrocessionaires to Retrocedant.

  • Notification to the Union The Employer will notify the JHSC and union in writing of all incidents related to violence within 4 days. For critical injuries the Employer will notify the JHSC and the union immediately and in writing within 48 hours. Such notices will contain all of the information as prescribed in section 5 of the health care regulation.

  • Settlement Consideration In consideration of the full settlement, satisfaction, compromise and release of the Released Plaintiffs’ Claims, an aggregate $115 million in cash (the “Escrow Amount”) shall be paid on behalf of the Settling Defendants to Freeport by the D&O Carriers. The Settling Defendants shall cause the Escrow Amount to be deposited by the D&O Carriers into an interest-bearing escrow account controlled by an agreed upon representative of Plaintiffs and of the Settling Defendants (the “Escrow Account”) within fifteen (15) business days after the Stipulation is submitted to the Court. Upon the Effective Date, the Escrow Amount, together with any and all interest thereon, shall be paid to Freeport from the Escrow Account. For the avoidance of doubt, the Settling Defendants shall have no obligation to deposit any portion of the Escrow Amount into the Escrow Account but shall have an obligation to take all reasonably available steps to seek to cause the D&O Carriers to deposit the Escrow Amount into the Escrow Account.

  • Consideration Received For purposes of any computation respecting consideration received pursuant to subsections (d), (e) and (f) of this Section 11, the following shall apply: (1) in the case of the issuance of shares of Common Stock for cash, the consideration shall be the amount of such cash, provided that in no case shall any deduction be made for any commissions, discounts or other expenses incurred by the Company for any underwriting or other sale or disposition of the issue or otherwise in connection therewith; (2) in the case of the issuance of shares of Common Stock for a consideration in whole or in part other than cash, the consideration other than cash shall be deemed to be the fair market value thereof as reasonably determined by the Board of Directors of the Company (irrespective of the accounting treatment thereof) and described in a Board resolution which shall be filed with the Warrant Agent; and (3) in the case of the issuance of securities convertible into or exchangeable for shares, the aggregate consideration received therefor shall be deemed to be the consideration received by the Company for the issuance of such securities plus the additional minimum consideration, if any, to be received by the Company upon the conversion or exchange thereof for the maximum number of shares used to calculate the adjustment (the consideration in each case to be determined in the same manner as provided in clauses (1) and (2) of this subsection).

  • Consideration Period You have 21 days from the date this Separation Agreement is given to you to consider this Separation Agreement before signing it. You may use as much or as little of this 21-day period as you wish before signing. If you do not sign and return this Separation Agreement within this 21-day period, you will not be eligible to receive the benefits described in this Separation Agreement.

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