Liability for Compensation Sample Clauses

Liability for Compensation. Each Party shall protect, indemnify, and hold harmless the other Party and its affiliates, and their officers, directors, employees, and agents against any liability or losses arising from any claim, action, proceeding, or demand (collectively, “Claims”) made by a third party due to: (1) such Party’s representations are untrue, inaccurate, or incomplete, or materially breach any warranty of this Agreement; or (2) such Party materially breaches any provision of this Agreement.
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
Liability for Compensation. 1. When the Rental Car cannot be used by the Company due to an accident, breakdown, or other grounds attributable to the Renter or the Driver during the rental period, the Renter shall pay the Company the fees separately prescribed by the Company as compensation for business interruption for the period the Rental Car cannot be used or the repair period. 2. In addition to those provided for in the preceding paragraph, the Renter shall assume liability for compensation for damages if the Renter commits acts in violation of the articles, rules, and special provisions under this Agreement, the detailed regulations stipulated in Article 43, and other terms and conditions. The Renter shall also be liable for compensation for damages when a third party or the Company has suffered damages following use of the Rental Car due to reasons attributable to the Renter. 3. Notwithstanding the other provisions of this Agreement, when damage has been incurred to the Renter for reasons attributable to the Company in connection with the Rental Agreement (unless due to intent or gross misconduct on the part of the Company), the Company shall be responsible for compensation resulting from breach of contract or torts, up to an amount equivalent to the rental fees in such Rental Agreement, limited to actual damages incurred under normal conditions. The Company shall not be liable for compensation for damages incurred because of exceptional circumstances or for loss of profits.
Sample 1Sample 2Sample 3See All (8)
Liability for Compensation. Buyer and Firm each hereby acknowledge receipt of a signed copy of this Agreement.
Sample 1Sample 2Sample 3See All (4)
Liability for Compensation. Every employee shall be entitled to Sick Leave if and when the same occurs, without pay, and shall receive compensation for Sick Leave only in accordance with the short-term disability plan contemplated pursuant to this Article 17, and the Employer shall bear no responsibility or liability for payment of any such compensation.
Sample 1Sample 2
Liability for Compensation in case of fault (1) Liability on the part of the Seller for compensation for whatever reason, in particular as a result of impossible, delayed, insufficient or incorrect delivery, breach of contract, breach of obligations during contract negotiations and tort, are, insofar as the Seller is at fault, limited in accordance with section 9. (2) The Seller is not liable in the case of ordinary faults on the part of its entities, legal represent- atives, employees or other vicarious agents, unless it involves a breach of any contractual obli- gation. Contractual obligations include the timely delivery and installation of the delivery item, free from defects that significantly hinder its functionality and usability, as well as obligations of protection and care to enable the Customer‘s contractually intended use of the delivery item, or the protection of life and limb of the Customer‘s employees or the protection of the Customer’s property against significant damage. (3) Where the Seller is liable for compensation for reasons in accordance with section 9 (2), this liability is limited to those damages that the Seller anticipated upon concluding the contract as a possible consequence of a contractual breach, or which they should have reasonably anticipated when applying due care and atention. Indirect and consequential damage as a result of delivery item defects are only eligible for compensation insofar as such damage can be typically anticipat- ed as part of intended use. (4) In the event of liability for ordinary faults, the Seller’s obligation to compensate for material damage and any subsequent additional financial loss is limited to the amount of EUR 7.5 million per claim, even where it involves a breach of contractual obligations. (5) The above exclusions and limitations of liability apply to the same extent for any of the Seller’s entities, legal representatives, employees or other vicarious agents. (6) Our technical application consultation given orally, in writing or in the form of tests, is per- formed free of charge and excluding any liability. Such consultations only serve as non-binding advice unless this consultation falls within the contractually agreed scope of service. With regard to third-party industrial property rights, the Buyer is also not exempt from examining products delivered by us for their suitability for their intended process and purpose. (7) Limitations to section 9 of these General Delivery Conditions do not apply where the Seller is l...
Sample 1
Liability for Compensation. In the event that you fail to fulfill your obligations under this Agreement, or if the performance of your obligations does not conform to the terms hereof, you shall be liable for any related damages, unless otherwise stipulated in this Agreement.
Sample 1
Liability for Compensation. The Occupant shall compensate for any damages incurred by the Authority due to its failure to perform or violation of its obligations set forth hereunder.
Sample 1
AutoNDA by SimpleDocs
Liability for Compensation. NTS is not responsible for circumstances beyond the influence of the company, including the administration time at the foreign VAT authorities, which may vary from a few months to several years and if the claim is lost inside the tax office in either the member state of establishment or the member state of refund. If NTS can present a receipt that the application was sent NTS cannot be held responsible for any loss the customer might suffer. NTS is not responsible in connection with changes of the respective countries’ VAT legislation with retrospective effect. NTS is not responsible for loss of the customers’ original invoices, in case this was caused by force majeure, such as for instance fire, malicious damage, theft, storm, damage by water, etc. NTS is not responsible for loss of customers’ original invoices during dispatch by mail or courier or after arrival at the respective VAT authorities. NTS is only responsible for loss caused by breach of contract. The customer is responsible for losses, which NTS might suffer, in case the customer submits untrue information, declarations, forged invoices, or otherwise by acting in contravention of this agreement. zostanie wykazana w trakcie jednego lub więcej kwartałów, faktura Klienta podlega zwrotowi podatku VAT w trybie standardowym. W przypadku kiedy wniosek o zwrot podatku VAT, uprzednio przedpłaconego przez NTS, jest odrzucony przez odpowiednie organa podatkowe lub też kwota zwróconego podatku VAT jest mylnie przekazana, bez winy NTS, bezpośrednio na konto Klienta, NTS jest upoważniony do pobrania tej kwoty z kolejnej przedpłaty podatku VAT. W przypadku braku wystąpienia takowej, kolejnej przedpłaty, Klient jest zobowiązany zwrócić do NTS uprzednio przepłaconą kwotę. W przypadku kiedy podpisanie niniejszej Umowy następuje w trakcie kwartału, kwoty VAT z faktur z tego kwartału i kwartałów poprzednich nie mogą być przedpłacone. NTS nie jest odpowiedzialne za wystąpienie okoliczności będących poza wpływem NTS włączając w to opóźnienia administracyjne zagranicznych organów podatkowych, które mogą wynosić od paru miesięcy do kilku lat; zagubienie wniosku przez organ podatkowy, inny organ państwa zwrotu lub też przedstawiciela tego organu. Jeżeli NTS może przedstawić poświadczenie złożenia danego wniosku o zwrot podatku VAT, NTS nie ponosi odpowiedzialności za straty, które może ponieść Klient. NTS nie jest odpowiedzialne za zmiany ze skutkiem wstecz w odpowiednich przepisach podatkowych krajów zwrotu VAT. NTS ...
Sample 1

Related to Liability for 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.

  • Compensation to Contractor The terms related to the price of the goods and/or services to be provided under this Agreement and the terms of payment to the Contractor are described in more detail in Attachment “B” to this Agreement: Price and Payment Information.

  • BROKER COMPENSATION BROKER shall be entitled to a rental commission from all rent monies collected and shall retain any charges deemed "additional rent" or fees in the lease agreement as per outlined in “tiered pricing” Section 16. In the event Owner utilizes services that are not covered under their pricing plan compensation to All County will be as follows: Inspections $99.00 per inspection, Xxxx Pay $5.00 per xxxx, Maintenance Coordination $15.00 per issue, Notice Delivery $25 per notice, Security Claim preparation and mailing $25.00 plus certified postage. Owner can upgrade to next tired pricing plan without penalty, however if going to Peace of Mind they must pay the difference for the insurance premium and be eligible for the program with a Tenant placed by All County that is in good standing. A. COORDINATION FEES:

  • Other Compensation and Fringe Benefits In addition to any executive bonus, pension, deferred compensation and long-term incentive plans which the Company or an affiliate of the Company may from time to time make available to the Employee, the Employee shall be entitled to the following during the Employment Term: (a) the standard Company benefits enjoyed by the Company’s other top executives as a group; (b) medical and other insurance coverage (for the Employee and any covered dependents) provided by the Company to its other top executives as a group; (c) supplemental disability insurance sufficient to provide two-thirds of the Employee’s pre-disability Annual Base Salary; (d) an annual incentive bonus opportunity under the Company’s annual incentive plan (“Annual Bonus Plan”) for each calendar year included in the Employment Term, with such opportunity to be earned based upon attainment of performance objectives established by the Committee (“Annual Bonus”). The Employee’s target Annual Bonus under the Annual Bonus Plan shall be no less than 150% of the Employee’s Annual Base Salary (collectively, the target and maximum are referred to as the “Annual Bonus Opportunity”). The Employee’s Annual Bonus Opportunity may be periodically reviewed and increased (but not decreased without the Employee’s express written consent) at the discretion of the Committee. The Annual Bonus shall be paid no later than the March 15th first following the calendar year to which the Annual Bonus relates. Unless provided otherwise herein or the Board determines otherwise, no Annual Bonus shall be paid to the Employee unless the Employee is employed by the Company, or an affiliate thereof, on the Annual Bonus payment date; and (e) participation in the Company’s equity incentive plans.

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

  • Compensation to NCPS (a) Issuer Party shall pay or cause to be paid to NCPS for its services as the facilitator of escrow as outlined in Exhibit B, which may be updated from time to time by NCPS by providing written notice to Issuer Party. Issuer Party’s obligation to pay such fees to NCPS and reimburse NCPS for such expenses is not conditioned upon a successful closing. Upon Issuer Party’s request, NCPS will provide Issuer Party with copies of all relevant invoices, receipts or other evidence of such expenses. The obligations of Issuer Party under this Section 10 shall survive any termination of this Agreement and the resignation or removal of NCPS. (b) All of the compensation and reimbursement obligations shall be payable by Issuer Party upon demand by NCPS and will be charged automatically by NCPS to the credit card or other payment method separately provided or as otherwise agreed by the Parties. Issuer Party consents to NCPS retaining and using Issuer Party’s payment information for future invoices and as provided in this Agreement. Issuer Party agrees and acknowledges that NCPS and its third party vendors may retain and use Issuer Party’s payment information to facilitate the payments provided for in this Agreement. Issuer Party agrees to provide NCPS written notice (which may be via email) of any update or changes to Issuer Party’s payment information. Absent current payment information, Issuer Party shall make, or cause to be made, all payments to NCPS within 10 days of receiving an invoice therefor. All payments made to NCPS shall be in US dollars in immediately available funds. (c) If Issuer Party fails to make any payment when due then, in addition to all other remedies that may be available: (a) NCPS may charge interest on the past due amount at the rate of 1.5% per month, calculated daily and compounded monthly, or if lower, the highest rate permitted under Law, which Issuer Party shall pay; such interest may accrue after as well as before any judgment relating to collection of the amount due; and (b) Issuer Party shall reimburse, or cause to be reimbursed, NCPS for all costs incurred by NCPS in collecting any late payments or interest, including attorneys’ fees, court costs and collection agency fees; provided that cumulative late payments are subject to the overall limits as may be required by Law as set forth in Exhibit B. (d) Only upon the fulfillment of the Minimum Offering, and only when Escrowed Funds are eligible to be released to Issuer in accordance with Section 4(a), and otherwise in compliance with Law, NCPS is authorized to and may disburse from time to time, to itself or to any NCPS Party from the Escrow Funds (but only to the extent of Issuer’s rights thereto), the amount of any compensation and reimbursement of out-of-pocket expenses due and payable hereunder (including any amount to which NCPS or any NCPS Party is entitled to seek indemnification pursuant to Section 9 hereof). NCPS shall notify Issuer Party of any disbursement from the Escrow Funds to itself or to any NCPS Party in respect of any compensation or reimbursement hereunder and shall furnish to Issuer copies of all related invoices and other statements. (e) Only upon the fulfillment of the Minimum Offering, and only when Escrowed Funds are eligible to be released to Issuer in accordance with Section 4(a), and otherwise in compliance with Law, Issuer shall grant to NCPS and the NCPS Parties a security interest in and lien upon such Escrow Funds (but only to the extent of Issuer’s rights thereto) to secure all obligations hereunder, and NCPS and the NCPS Parties shall have the right to offset the amount of any compensation or reimbursement due any of them hereunder (including any claim for indemnification pursuant to Section 9 hereof) against the Escrow Funds (but only to the extent of Issuer’s rights thereto). If for any reason the Escrow Funds available to NCPS and the NCPS Parties pursuant to such security interest or right of offset are insufficient to cover such compensation and reimbursement, Issuer Party shall promptly pay such amounts to NCPS and the NCPS Parties upon receipt of an itemized invoice.

  • COMPENSATION TO CONSULTANT The Consultant's compensation for the Consulting Services shall be as set forth in Exhibit B attached hereto and incorporated herein by this reference.

  • Compensation for Damages 4.1 If the Principal has disqualified the Bidder from the tender process prior to the award according to Section 3, the Principal is entitled to demand and recover the damages equivalent Xxxxxxx Money Deposit/Bid Security. 4.2 If the Principal has terminated the contract according to Section 3, or if the Principal is entitled to terminate the contract according to section 3, the Principal shall be entitled to demand and recover from the Contractor liquidated damages equivalent to 5% of the contract value or the amount equivalent to Security Deposit/Performance Bank Guarantee, whichever is higher.

  • Your Compensation (a) Your concession, if any, on your sales of Portfolio shares will be as provided in the Prospectus or in the applicable schedule of concessions issued by us and in effect at the time of our sale to you. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of concessions, 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) Concessions, distribution payments, and service payments apply only with respect to (i) shares of the "Fidelity Funds" (as designated on Schedule A attached to this Agreement) purchased or maintained for the account of Bank Clients, and (ii) shares of the "Fidelity Advisor Funds" (as designated on Schedule B attached to this Agreement). Anything to the contrary notwithstanding, neither we nor any Portfolio will provide to you, nor may you retain, concessions on your sales of shares of, or distribution payments or service payments with respect to assets of, the Fidelity Funds attributable to you or any of your clients, other than Bank Clients. When you place an order in shares of the Fidelity Funds with us, you will identify the Bank on behalf of whose Clients you are placing the order; and you will identify as a non-Bank Client Order, any order in shares of the Fidelity Funds placed for the account of a non-Bank Client. (d) After the effective date of any change in or discontinuance of any schedule of concessions, distribution payments, or service payments, or the termination of a Plan, any concessions, 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 concession, distribution payment, or service payment, you will remit such overpayment. (e) If any Portfolio shares sold to you by us under the terms of this Agreement are redeemed by the issuing Portfolio or tendered for redemption by the customer within seven (7) business days after the date of our confirmation of your original purchase order for such shares, you agree (i) to refund promptly to us the full amount of any concession, distribution payment, or service payment allowed or paid to you on such shares, and (ii) if not yet allowed or paid to you, to forfeit the right to receive any concession, distribution payment, or service payment allowable or payable to you on such shares. We will notify you of any such redemption within ten (10) days after the date of the redemption.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!