Minimum and maximum payments Sample Clauses

Minimum and maximum payments. You, your employer (if applicable) or a third party (i.e. relative, spouse or civil partner) may contribute to your TPI Pension assuming you are classed as a relevant UKindividual. • Contributions made by you or a third party are referred to as ‘Member Contributions’ • Contributions made by your employer are referred to as ‘EmployerContributions’ We will verify the identity of all contributors into your TPI Pension before TPI will accept any payments from them. Please refer to Section A – Key Features for further details of contribution limits. It is your responsibility to seek advice regarding any payments into your TPI Pension.
Sample 1
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Minimum and maximum payments. The minimum amount acceptable as a Purchase Payment (after the initial Purchase Payment) is shown on page 3. We reserve the right to modify the minimum Purchase Payment, but such minimum will never be greater than $5,000. The maximum amount We will accept during the life of a Certificate without approval of an officer of the Company is $1,000,000. ALLOCATION OF NET PURCHASE PAYMENTS. The initial allocation of Net Purchase Payments is shown on Page 3 of each Certificate and will remain in effect until changed. The percentage allocation for future Net Purchase Payments may be changed at any time by written notice provided by the Participant. Changes in the allocation will be effective on the date We receive the Participant's notice. The allocation may be 100% to any available Division or Guarantee Period, or may be divided among the options in whole percentage points totaling 100%. An initial Purchase Payment will be credited to the Participant's Account no more than two Valuation Periods after we receive it, together with all other required documentation, in good order at the office designated by the Company for processing of initial Purchase Payments. Subsequent Purchase Payments will be credited as of the end of the Valuation Period in which they are received. We reserve the right to limit the total number of Fixed Account Guarantee Periods and Separate Account Divisions that may be chosen while a certificate remains in force. PREMIUM TAXES. When applicable, we will deduct an amount to cover premium taxes. Such education will be made from Purchase Payment(s) when received, or:
Sample 1
Minimum and maximum payments. 9.2.1 In the event that during any of the five calendar quarters after the commercial release of Hydrix 4.0, Microsoft's payment of fees with respect to Hydrix 4.x products for such quarter does not equal at least [CONFIDENTIAL TREATMENT REQUESTED]/*/ , Microsoft shall within forty-five (45) days after the end of such calendar quarter pay an additional amount to Citrix such that the cumulative payment for such -------------------- /*/ [CONFIDENTIAL TREATMENT REQUESTED] INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED MATERIAL HAS BEEN FILED WITH THE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. quarter equals [CONFIDENTIAL TREATMENT REQUESTED]/*/. Once Microsoft has made payments to Citrix hereunder totaling Fifty Million Dollars ($50,000,000.00) for royalty-bearing products associated with Hydrix 4.x, Microsoft's obligation to make any further payments under Section 9.1.2 associated with Hydrix 4.0 shall cease. 9.2.1.1 Notwithstanding the provisions of the foregoing paragraph, if Citrix achieves delivery of Hydrix 4.0 which is accepted by Microsoft (such acceptance not to be unreasonably withheld) prior to [CONFIDENTIAL TREATMENT REQUESTED]/*/ , then any unearned portion of Hydrix royalties remaining payable on Hydrix 4.0 below $50 Million, shall be added to the $50 Million Dollar cap on royalties to be paid to Citrix on Hydrix 5.0. 9.2.2 In the event that during any of the five calendar quarters after the commercial release of Hydrix 5.0, Microsoft's payment of fees with respect to Hydrix 5.x products for such quarter does not equal at least [CONFIDENTIAL TREATMENT REQUESTED]/*/, Microsoft shall within forty-five (45) days after the end of such calendar quarter pay an additional amount to Citrix such that the cumulative payment for such quarter equals [CONFIDENTIAL TREATMENT REQUESTED]/*/. Except as provided in Section 9.2.1.1 above, once Microsoft has made payments to Citrix hereunder totaling Fifty Million Dollars ($50,000,000.00) for royalty-bearing products associated with Hydrix 5.0, Microsoft's obligation to make any further payments under Section 9.1.2 associated with Hydrix 5.0 shall cease.
Sample 1

Related to Minimum and maximum payments

  • 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 Payments Nothing contained herein shall be deemed to establish or require the payment of a rate of interest or other charges in excess of the maximum permitted by applicable law. In the event that the rate of interest required to be paid or other charges hereunder exceed the maximum permitted by such law, any payments in excess of such maximum shall be credited against amounts owed by the Borrower to the Holder and thus refunded to the Borrower.

  • 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.

  • 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.

  • Term and Maximum Compensation 1.4.1. The term of this CONTRACT is for three (3) years, commencing upon Board of Supervisor approval, with a maximum allowable compensation of one million, five hundred thousand dollars ($1,500,000), with the option to renew for two (2) additional years, with Board approval; except as permitted in Paragraph 1.5 below.

  • Maximum Total Payment Including the reimbursable expenses shown above (if any), the maximum total payment under this Contract is $ ; this is a not-to-exceed amount, and the District will not pay more than this amount unless specifically agreed to in an amendment executed by the parties.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Annual maximums State Dental Plan coverage is subject to a one thousand dollar ($1,000) annual maximum benefit payable (excluding orthodontia) per person. "Annual" means per insurance year.

  • Maximum order The Contractor is not obligated to honor— (1) Any order for a single item in excess of N/A per year (2) Any order for a combination of items in excess of N/A per year (3) A series of orders from the same ordering office within 365 days that together call for quantities exceeding the limitation in paragraph (b)(1) or (2) of this section.

  • Minimum Salaries 12.1 The minimum base salary for all Bargaining Unit members shall be as follows: 12.2 The minima defined in this Article shall apply to AAUP-represented adjuncts on a pro-rated basis proportional to their percent of full- time.

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