Guarantee and Compensation Sample Clauses

Guarantee and Compensation. Vimicro shall guarantee and undertake to make compensation for any and all actions, complaints, and lawsuits against ViSS products, and relevant losses, damages, costs, attorney fees, and other expenses incurred during the process of production, assembly, advertising, promotion, offering, marketing or distribution for Vimicro’s reason at or after ViSS business separation and delivery. Vimicro shall provide all reasonable and necessary assistance to ASB when ASB fight against lawsuits incurred during the process of production, assembly, advertising, promotion, offering, marketing or distribution for Vimicro’s reason at or after ViSS business separation and delivery.
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Guarantee and Compensation. 4.2.1. Executor guarantees to perform all work in accordance with Customer’s work order.
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Guarantee and Compensation. 5.2.1. Executor does not guarantee the full restoration and proper functioning of servers and does not offer any compensation for rendering the aforementioned Service.
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Guarantee and Compensation. 6.1. Service availability and operation Availability 24x7x365 - 24 hours a day, 7 days a week, 365 days a year % (percent) of operability per month 100 %
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Guarantee and Compensation. Availability of Dedicated server 24x7x365 - 24 hours a day, 7 days a week, 365 days a year % (percent) of operability of Dedicated server per month 100%
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Guarantee and Compensation. 6.1. Service availability is calculated monthly based on data provided in the Service Request submitted via Ticket System. Service availability is determined according to the following method: the total amount of time the service was unavailable according to the Service Request is divided by the total amount of time in the given calendar month. Service unavailability is calculated from the moment the Service Request was submitted by the Customer. The Customer must inform the Executor of the issue via Ticket System. The service is no longer considered unavailable the moment the issue has been resolved. Once the issue has been resolved, the Service Request may temporarily remain open to further clarify what occurred and be closed by the Customer after all the appropriate administrative work has been completed.
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Guarantee and Compensation. 6.1. Table 1 Availability of service per mont Unavailability per mont Compensation amount (%) From 99.98% to 100 Up to 7 minute 1% of the amount removed from the Customer’s Storage Balance for the month downtime occurred in From 99.98 to 99.8% From 7.5 minutes to 35 minutes 3% of the amount removed from the Customer’s Storage Balance for the month downtime occurred in. From 99.8 to 99.7 From 35.5 minutes to 95 minute 6% of the amount removed from the Customer’s Storage Balance for the month downtime occurred in. From 99.7 to 99.3% From 95.5 minutes to 140 minute 10% of the amount removed from the Customer’s Storage Balance for the month downtime occurred in. From 99.3 to 98.8 From 140.5 minutes to 256 minute 15% of the amount removed from the Customer’s Storage Balance for the month downtime occurred in. From 98.8 to 96.5 From 256.5 minutes to 12 hour 50% of the amount removed from the Customer’s Storage Balance for the month downtime occurred in. From 96.5 to 90 From 13 hours to 36 hour 90% of the amount removed from the Customer’s Storage Balance for the month downtime occurred in. Less than 90 More than 36 hour 100% of the amount removed from the Customer’s Storage Balance for the month downtime occurred in.
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Guarantee and Compensation. 5.1. Unavailability of Customer’s virtual machines as the result of failures in the infrastructure within the Executor’s area of responsibility. Table 1 Availability* 24x7x365 24 hours a day, 7 days a week, 365 days a year % (percent) of operability per month* 99.98% Table 2 Availability of Service* Unavailability per month Compensation amount (%) From 99.98% to 100% * Up to 8 minutes 38 seconds a month Uncompensated Table 2 Less than 99.98% Over 8 minutes 38 seconds a month 0.5% the deduction from the Customer’s virtual private cloud blanace for every 30 minutes of compensated downtime, up to 100% the Balance amount.
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Guarantee and Compensation 
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Related to Guarantee and Compensation

  • Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.

  • Services and Compensation Consultant agrees to perform for the Company the services described in Exhibit A (the “Services”), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.

  • Award and Insurance Benefits Borrower shall cooperate with Lender in obtaining for Lender the benefits of any Awards or Insurance Proceeds lawfully or equitably payable in connection with the Property, and Lender shall be reimbursed for any expenses incurred in connection therewith (including attorneys’ fees and disbursements, and the payment by Borrower of the expense of an appraisal on behalf of Lender in case of Casualty or Condemnation affecting the Property or any part thereof) out of such Insurance Proceeds.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Severance Compensation In the event (i) Employee terminates this Agreement for Good Reason in accordance with Paragraph 11.3 hereof; (ii) Employee is terminated for any reason (except death or disability) upon, or within six months following, a "Change in Management or Control (as such term is defined in Paragraph 11.5 hereof);" or (iii) Employee is terminated without Cause, the Company shall be obligated to pay severance compensation to Employee in an amount equal to his salary compensation (at the rate payable at the time of such termination) for a period of six (6) months from the date of termination. Notwithstanding the foregoing, if Employee is employed by a new employer, or as a consultant after the termination of this Agreement, the severance compensation payable to Employee hereunder shall be reduced by the amount of compensation that Employee actually receives from the new employer, or as a consultant. However, Employee shall have a duty to inform the Company that he has obtained such new employment, and the failure to do so is a material breach of this Agreement. In such event, the Company shall be entitled to (i) cease all payments to Employee under this Paragraph 11.4; and (ii) recover any unauthorized payments to Employee in an action for breach of contract. Notwithstanding anything else in this Agreement to the contrary, solely in the event of a termination upon or following a Change in Management or Control, the amount of severance compensation paid to Employee hereunder shall not include any amount that the Company is prohibited from deducting for federal income tax purposes by virtue of Section 280G of the Internal Revenue Code of 1986, as amended, or any successor provision. In addition to the foregoing severance compensation, the Company shall pay Employee (i) all compensation for services rendered hereunder and not previously paid; (ii) accrued vacation pay; and (iii) any appropriate business expenses incurred by Employee in connection with his duties hereunder and approved pursuant to Section 4 hereof, all through the date of termination. Employee shall not be entitled to any bonus compensation, whether vested or unvested; or any other compensation, benefits or reimbursement of any kind.

  • Compensation Arrangements (a) Following receipt of an RoU Claim Notice in respect of a Type 2 Restriction of Use, Network Rail and the Train Operator shall (if they have not already done so) commence negotiations in respect of the RoU Direct Costs compensation to be paid by one party to the other in respect of such Type 2 Restriction of Use and, subject to paragraph 10, shall continue such negotiations in good faith until they are concluded.

  • Your Compensation (a) Your fee, if any, for acting as agent with respect to sales of Portfolio shares will be as provided in the Prospectus or in the applicable schedule of agency fees issued by us and in effect at the time of the sale. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of agency fees, or issue a new schedule. (b) If a Portfolio has adopted a plan pursuant to Rule 12b-1 under the Investment Company Act of 1940 (a "Plan"), we may make distribution payments or service payments to you under the Plan. If a Portfolio does not have a currently effective Plan, we or Fidelity Management & Research Company may make distribution payments or service payments to you from our own funds. Any distribution payments or service payments will be made in the amount and manner set forth in the Prospectus or in the applicable schedule of distribution payments or service payments issued by us and then in effect. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of distribution payments or service payments, or issue a new schedule. A schedule of distribution payments or service payments will be in effect with respect to a Portfolio that has a Plan only so long as that Portfolio's Plan remains in effect. (c) After the effective date of any change in or discontinuance of any schedule of agency fees, distribution payments, or service payments, or the termination of a Plan, any agency fees, distribution payments, or service payments will be allowable or payable to you only in accordance with such change, discontinuance, or termination. You agree that you will have no claim against us or any Portfolio by virtue of any such change, discontinuance, or termination. In the event of any overpayment by us of any agency fee, distribution payment, or service payment, you will remit such overpayment. (d) If, within seven (7) business days after our confirmation of the original purchase order for shares of a Portfolio, such shares are redeemed by the issuing Portfolio or tendered for redemption by the customer, you agree (i) to refund promptly to us the full amount of any agency fee, distribution payment, or service payment paid to you on such shares, and (ii) if not yet paid to you, to forfeit the right to receive any agency fee, distribution payment, or service payment payable to you on such shares. We will notify you of any such redemption within ten (10) days after the date of the redemption. 4.

  • Fixed Compensation Each of the Co-Managers will receive certain additional fixed compensation pursuant to separate agreements with Masterworks, which is not tied specifically to this Offering or to any other specific offering, but a portion of which is deemed to be underwriting compensation for this Offering. Such additional fixed compensation relates to (i) a monthly retainer for administrative support services and (ii) fixed compensation payments to representatives of Arete. $8,224 is a reasonable estimate of costs and expenses referenced in clauses (i) and (ii) above that are appropriately allocated to this Offering.

  • Fees and Compensation of Directors Unless otherwise restricted by the Certificate of Incorporation or these bylaws, the Board shall have the authority to fix the compensation, including fees and reimbursement of expenses, of directors for services to the Corporation in any capacity.

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