FIRST AMOUNT PAYABLE Sample Clauses

FIRST AMOUNT PAYABLE. In respect of each and every occurrence giving rise to a claim under Section 6 above of this policy and notwithstanding anything contained herein to the contrary, You will be responsible for the first amount payable as specified in the schedule of any expenditure or cost for which provision is made under this policy including any payment in respect of costs, expenses and fees and of any expenditure by the Company in the exercise of its discretion under this policy. If the expenditure incurred by the Company shall include the first amount payable for which You are responsible such amount shall be paid by You to the Company forthwith.
Sample 1
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FIRST AMOUNT PAYABLE. Section 1 In respect of each and every occurrence giving rise to a claim the insured shall be responsible for the first amount payable specified below or any lesser expenditure which may be incurred. If the expenditure incurred by the company shall include the amount for which the insured is responsible such amount shall be paid by the insured to the company forthwith. Sub-section A: Vessel R250 (two hundred and fifty rand) per occurrence. Sub-section B: Other property R250 (two hundred and fifty rand) per occurrence. Sub-section C: Trailer R250 (two hundred and fifty rand) per occurrence Provided that:
Sample 1

Related to FIRST AMOUNT PAYABLE

  • Amount Payable The Subscriber will provide the funds required to purchase the Purchased Units (the “Purchase Price”) by no later than 10:00 a.m. on each Closing Date (as defined below) by certified cheque payable to the Partnership to be held in trust by the General Partner, and released in order to be applied to the purchase hereof. The Subscriber hereby instructs the General Partner to deal with the Purchase Price on the terms set forth herein.

  • Maximum Amount Payable The maximum amount payable under this contract without modification is shown in Attachment E, Fee Schedule. Payment under this contract beyond the end of the current fiscal biennium is subject to availability of appropriated funds. If funds are not appropriated, this contract shall be terminated immediately with no liability to either party.

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

  • Date Increment Due Increments shall accrue and become due and payable on the next day following completion of required service as an employee in the class, unless otherwise provided herein.

  • Interest Amount Unless otherwise specified in Paragraph 13 and subject to Paragraph 4(a), in lieu of any interest, dividends or other amounts paid or deemed to have been paid with respect to Posted Collateral in the form of Cash (all of which may be retained by the Secured Party), the Secured Party will Transfer to the Pledgor at the times specified in Paragraph 13 the Interest Amount to the extent that a Delivery Amount would not be created or increased by that Transfer, as calculated by the Valuation Agent (and the date of calculation will be deemed to be a Valuation Date for this purpose). The Interest Amount or portion thereof not Transferred pursuant to this Paragraph will constitute Posted Collateral in the form of Cash and will be subject to the security interest granted under Paragraph 2.

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