Honorarium Payment Sample Clauses

Honorarium Payment. The Town shall pay the Artist/Lender an honorarium payment for the display of the Work. The Town and the Artist/Lender shall agree upon an appropriate honorarium payment as set forth in Exhibit A and shall indicate the total amount agreed upon in Exhibit A. The Town shall pay Seven Hundred Fifty Dollars ($750.00) per piece of art for up to six (6) pieces of art from the Artist to display on Town property. In no event shall the Town pay an honorarium payment for a single piece of artwork exceeding Seven Hundred Fifty Dollars ($750.00). Nor shall the Town pay an honorarium payment for the display of a piece of artwork for a display period of longer than two years. If the Town and Artist/Lender agree to a display period that is longer than two years, the Artist/Lender understands and agrees that he or she shall receive no honorarium payment after the second year of display. The Town shall pay the agreed upon honorarium payment to the Artist/Lender in two installments as follows: a. The first installment shall be fifty percent (50%) of the total honorarium payment, and the Town shall pay the Artist/Lender the within thirty (30) days of the Installation Date. b. The second installment shall be fifty percent (50%) of the total honorarium payment, and the Town shall pay the second installment to the Artist/Lender within thirty (30) days of the Removal Date. However, if the Work or any portion thereof is sold prior to the Removal Date and does not remain on display until the Removal Date, the Town shall pro-rate the second installment to reflect the actual time that the Work was on display. Pursuant to Section D below, if the Work is sold prior to the Removal Date and does not remain on display until the Removal Date, the Artist/Lender may replace the Work with another piece of artwork, subject to the Town’s approval, to display for the remainder of the Display Period. If the Work is replaced for the remainder of the Display Period, the Artist/Lender shall be entitled to the entire amount of the second installment for the Work.
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Honorarium Payment. The Settlement Administrator shall be responsible for overseeing the deduction of the Pro Rata Honorarium Share from the settlement payments that Settlement Class Members receive pursuant to this settlement, and making the Honorarium Payment to the Class Representative after administration of the Claims Program has concluded.

Related to Honorarium Payment

  • Interim payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ➢ an interim technical report in accordance with the instructions laid down in Xxxxx X; ➢ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • Minimum Payment (a) Overtime worked on a Saturday or Sunday will be paid for at the rate of double Ordinary Rates. Employees required to work on a Saturday or Sunday will be afforded a minimum 4 hours work, or be paid as if for 4 hours at the aforementioned overtime rates.

  • Lump Sum Payment Upon award of the contract for this improvement, the LA will pay to the STATE, in lump sum, an amount equal to 80% of the LA’s estimated obligation incurred under this Agreement, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs. Method B - Monthly Payments. Upon award of the contract for this improvement, the LA will pay to the STATE, a specified amount each month for an estimated period of months, or until 80% of the LA’s estimated obligation under the provisions of the Agreement has been paid, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs.

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Minimum Payments (a) Where the employee is under 45 years of age, the employer shall pay the employee Less than 1 year Nil 1 year and less than 2 years 4 weeks pay 2 years and less than 3 years 7 weeks pay 3 years and less than 4 years 10 weeks pay 4 years and less than 5 years 12 weeks pay 5 years and less than 6 years 14 weeks pay 6 years and over 16 weeks pay. (b) Where the employee is 45 years of age or over, the employer shall pay the employee in accordance with the following scale: Less than 1 year Nil 1 year and less than 2 years 5 weeks pay 2 years and less than 3 years 8.75 weeks pay 3 years and less than 4 years 12.5 weeks pay 4 years and less than 5 years 15 weeks pay 5 years and less than 6 years 17.5 weeks pay 6 years and over 20 weeks pay

  • Maximum Payment The maximum period or aggregate of periods of accident make-up pay to be made by an Employer will be a total of 39 weeks for any one injury.

  • 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.

  • Annual Payment During each calendar year, an employee may choose to receive payment for up to twenty (20) hours of accrued vacation leave or compensatory time. Request for payment may be made in November or December of each year. Such payment shall be made during the month of November or December and will be granted only if the employee has taken at least forty (40) hours of vacation/compensatory time during the calendar year. Such payment shall be at the base hourly rate only, no add-ons.

  • Interim Payments Interim payments may be made by Department, at its discretion, if the completion of deliverables to date have first been accepted in writing by Department's Grant Manager.

  • Reimbursement of Travel Expenses If the Servicer provides access to the Review Materials at one of its properties, the Issuer will reimburse the Asset Representations Reviewer for its reasonable travel expenses incurred in connection with the Review on receipt of a detailed invoice.

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