HIRE PAYMENT Sample Clauses

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HIRE PAYMENT. Notwithstanding the provisions of Clause 9 of the Shelltime 4 form, Charterer shall: (a) not be responsible for any delay or error by Owner’s bank in crediting Owner’s account provided that Charterer has made proper and timely payments; and (b) be responsible for any delay or error caused by Charterer’s bank.
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HIRE PAYMENT. All hires under this agreement to be paid 15 days in advance. Although Owners will not openly market the vessels under this agreement prior to their delivery, should Owners receive any attractive proposals from other similar first class Charterers for long term timecharter, Owners to approach Charterers to discuss same and offer them the first refusal to match the particular deal. It is understood that Bunge are not obliged to match any such approach from any other first class Charterers and should they choose not to, then the respective vessel to be removed from this agreement. This contract runs from the 1st January 2006 to 31st December 2010, and it is expected to be continued and developed beyond this. In this respect, a meeting to be arranged at a mutually convenient and suitable time within 2010 to discuss any such extension of this agreement. If agreement cannot be reached, then a suitable redelivery period to agreed for the end of 2010 or early 2011. Otherwise redelivery terms to be as per the present Charter Party. “Owners are allowed to Dry Dock vessel to meet Class and performance requirements. Owners to give Charterers four months notice of their intention to dry dock vessel.” All further terms / conditions as per the current Metrofin /Bunge executed Charter Party dated 21st November, 2005 and Addenda thereto with logical alterations in line with this Block Agreement with Owner’s option to sell any of the vessels and with further Addenda for steel slabs loading, intermediate hold cleaning (petcoke) and blanket Letter of Indemnity Agreement. /s/ /s/ London, 21st November, 2005. CHARTER PARTY DATED 21ST NOVEMBER, 2005. It is this day hereby mutually agreed between METROSTAR MANAGEMENT CORP., of Athens, as Managing Owners and B▇▇▇▇ ▇.▇., of Geneva, as Charterers, that: Bunker Clause: Vessel to be redelivered with about the same quantities as on delivery. Prices both ends on delivery / redelivery which to be as per delivered prices in Japan.
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HIRE PAYMENT. The Hirer shall pay the total sums in the amounts and at the times set forth herein below:
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HIRE PAYMENT. 3.1 As this is a salary sacrifice scheme, no separate hire payment will be required. 3.2 Your salary sacrifice deduction must not take your gross salary below the National Minimum Wage. 3.3 If at any point during the Hire Period, your salary sacrifice deduction takes your gross salary below the National Minimum Wage, we may, to the extent it is lawful for us to do so: 3.3.1 suspend your salary sacrifice deduction; or 3.3.2 take it from your net rather than your gross salary until your gross salary increases sufficiently which means you will not benefit from any tax exemption during this period 3.4 Your salary sacrifice deduction may affect your statutory and/or occupational benefits (e.g., maternity pay). Please check with us before signing this Agreement if you have any concerns. 3.5 Your salary sacrifice deductions assume that there will no change in the rules relating to the scheme. If there is a change, we may vary the terms of the scheme accordingly.
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Related to HIRE PAYMENT

  • PRE-PAYMENT The Tenant shall: (check one)

  • One-Time Payment Tenant shall pay to Landlord a one-time payment in the amount of Twelve Thousand Five Hundred and No/100 Dollars ($12,500.00), payable within thirty (30) days of the Effective Date and subject to the following conditions precedent: (a) ▇▇▇▇▇▇’s receipt of this Amendment executed by ▇▇▇▇▇▇▇▇, on or before January 14, 2021; (b) ▇▇▇▇▇▇’s confirmation that Landlord’s statements as further set forth in this Amendment are true, accurate, and complete, including verification of Landlord’s ownership; (c) Tenant’s receipt of any documents and other items reasonably requested by Tenant in order to effectuate the transaction and payment contemplated herein; and (d) receipt by Tenant of an original Memorandum (as defined herein) executed by ▇▇▇▇▇▇▇▇.

  • Overtime Payment Full-time employees shall be paid at the rate of one and one-half times the employee's straight time hourly rate for all time worked outside of their normal work hours and/or work days up to sixteen (16) hours in a twenty-four (24) hour period. For hours worked in excess of sixteen (16) in a twenty-four (24) hour period, employees shall be paid double time. Employees who receive an unpaid lunch period and are not required to work at their work assignments during such period shall not have such time treated as hours worked for the purpose of computing overtime.

  • ▇▇▇▇▇▇▇▇▇ Payment The Company shall pay to you the following amounts: i. the Accrued Obligations, which shall be paid to you in a single lump sum cash payment within fifteen (15) calendar days of the Date of Termination; ii. the Pro Rata Bonus, which shall be paid to you in a single lump sum cash payment no later than the later of (A) fifteen (15) calendar days following the Date of Termination or (B) the effective date of the Waiver and Release; iii. an amount equal to the product of (A) 2.0 times (B) the sum of (1) your Adjusted Base Salary plus (2) the greater of (x) your Target Bonus or (y) the average of the annual bonuses paid or to be paid to you with respect to the immediately preceding three (3) fiscal years, which amount shall be paid to you in a single lump sum cash payment no later than the later of (i) fifteen (15) calendar days following the Date of Termination or (ii) the effective date of the Waiver and Release; iv. if you had previously consented to the Company’s request to relocate your principal place of employment more than forty (40) miles from its location immediately prior to the Change of Control, all unreimbursed relocation expenses incurred by you in accordance with the Company’s relocation policies, which expenses shall be paid to you in a single lump sum cash payment no later than the later of (A) fifteen (15) calendar days following the Date of Termination or (B) the effective date of the Waiver and Release; and v. the Other Benefits, which shall be paid in accordance with the then-existing terms and conditions of such plans, programs or policies.

  • Upfront Payment Upon the execution of this Agreement, the Lessee shall pay to the Lessor the following: (check one) ☐ - First Month’s Rent of: [AMOUNT (IN WORDS)] Dollars ($[AMOUNT (AS A NUMBER)]) ☐ - Last Month’s Rent of: [AMOUNT (IN WORDS)] Dollars ($[AMOUNT (AS A NUMBER)]) ☐ - Security Deposit of: [AMOUNT (IN WORDS)] Dollars ($[AMOUNT (AS A NUMBER)]) POSSESSION. Possession shall commence on [MM/DD/YYYY], unless otherwise agreed upon. The Lessor shall use due diligence to give possession as nearly as possible at the beginning of the Term. The Rent shall be prorated in consideration of any delay in providing possession, but the Term shall not be extended as a result of such delay. The Lessee shall make no other claim against the Lessor for the delay in obtaining possession of the Premises.