NO COMPENSATION PAYABLE Sample Clauses

NO COMPENSATION PAYABLE. The Band agrees with Canada and Saskatchewan that neither Saskatchewan nor Canada shall be required to compensate any Urban Municipality or Northern Municipality (or any affected School Division) or any other authority on whose behalf taxes are levied with respect to any loss of taxation revenues or grants-in-lieu of taxes experienced by such Urban Municipality, Northern Municipality or affected School Division except on Taxable Land and that any arrangement for compensation in respect to land that is not Taxable Land shall be the sole responsibility of the Band.
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NO COMPENSATION PAYABLE. Notwithstanding the foregoing, no compensation shall be payable with respect to a Purchase Payment, and any compensation already paid by AGL hereunder shall either be promptly returned by check payable to AGL on request or will be deducted by AGL from future payments due under this Schedule C(1), under each of the following conditions: (a) if AGL, in its sole discretion, determines not to issue the Contract applied for or rescinds the Contract; (b) if the Contract Owner returns the Contract pursuant to the "Free Look" provision of the Contract; (c) if a Purchase Payment is received within 60 days following a prior partial withdrawal, and such Purchase Payment is reasonably believed to be a reinvestment of the prior partial withdrawal; (d) if AGL refunds the Purchase Payment as a result of a complaint or grievance; (e) if AGL or AGSI determines that any Sales Person signing an application or any person or entity receiving compensation for soliciting purchases of the Contracts is not duly licensed to sell the Contracts in the state or jurisdiction of such attempted sale and registered or otherwise qualified under the 1934 Act and rules thereunder and any applicable state laws and rules governing broker-dealers and their related persons. In addition, if AGL determines that any Contract applied for is a replacement of any insurance or annuity product issued by AGL or any of its affiliates, AGL reserves the right not to pay any compensation and to require the return of any compensation already paid.
NO COMPENSATION PAYABLE. Notwithstanding the foregoing, no compensation shall be payable, and any compensation already paid by AGNY hereunder shall either be promptly returned by check payable to AGNY on request or will be deducted by AGNY from future payments due under this Schedule C, under each of the following conditions: (a) if AGNY, in its sole discretion, determines not to issue the Contract applied for or rescinds the Contract; (b) if the Contract owner returns the Contract pursuant to the "Free Look" provision of the Contract; (c) if a Purchase Payment is received within 60 days following a prior partial withdrawal, and such Purchase Payment is reasonably believed to be a reinvestment of part or all of the prior partial withdrawal; (d) if AGNY refunds all or any portion of the Purchase Payment as a result of a complaint or grievance; (e) if the Contract owner, at the time the Contract is purchased, is (i) an employee or registered representative (or the spouse or minor child of an employee or registered representative) of any broker-dealer authorized to sell the Contracts, or (ii) is an officer, director, or bona-fide employee of AGNY, AGSI, or any of their company affiliates, or DISTRIBUTOR; provided, however, that the owner shall have completed, at the time the Contract is purchased, appropriate documents supplied by AGNY which provide for a waiver of all surrender charges; or (f) if AGNY or AGSI determines that any Sales Person signing an application or any person or entity receiving compensation for soliciting purchases of the Contracts is not duly licensed to sell the Contracts in the state or jurisdiction of such attempted sale and registered or otherwise qualified under the 1934 Act and rules thereunder and any applicable state laws and rules governing broker-dealers and their related persons. In addition, if AGNY determines that any Contract applied for is a replacement of any insurance or annuity product issued by AGNY or any of its affiliates, AGNY reserves the right not to pay any compensation and to require the return of any compensation already paid.
NO COMPENSATION PAYABLE. No compensation shall be payable:
NO COMPENSATION PAYABLE. No compensation shall be payable: (i) if USL, in its sole discretion, determines not to issue the Certificate applied for or rescinds the Certificate; (ii) if USL refunds all or any portion of the Purchase Payments as a result of a complaint or grievance; (iii) if USL determines that a Purchase Payment made within 60 days following a prior partial withdrawal, including systematic withdrawals, is reasonably believed to be a reinvestment of part or all of the prior partial withdrawal; (iv) if the Owner, at the time the Certificate is purchased, is a bona- fide employee of USL; provided, however, that the Owner shall have completed, at the time the Certificate is purchased, appropriate documents supplied by USL which provide for a waiver of all surrender charges; or (v) if USL or Distributor determines that any sales person signing an application or any person or entity receiving compensation for soliciting purchases of the Certificates is not duly licensed to sell the Certificates in the state or jurisdiction of such attempted sale and registered or otherwise qualified under the 1934 Act and rules thereunder any applicable state laws and rules governing broker- dealer and their related persons.
NO COMPENSATION PAYABLE. 15.1 No compensation shall be payable by the Council as a result of the obligations contained in this Deed.
NO COMPENSATION PAYABLE. No compensation shall be payable, and any compensation already paid shall be returned to Equitable on request, under each of the following conditions: (a) if Equitable or EVLICO, in its sole discretion, determines not to issue the Certificates or Variable Contracts applied for, (b) if Equitable or EVLICO refunds the contribution paid by the applicant, which Equitable or EVLICO will do by check to the applicant upon the exercise of applicant's right of withdrawal, (c) if Equitable or EVLICO refunds the contribution paid by the applicant, which Equitable or EVLICO will do by check to the applicant, as a result of a complaint by applicant, recognizing that Equitable and EVLICO have sole discretion to refund contributions paid by applicants, or (d) if Equitable determines that any person signing an application or any person or entity receiving compensation for soliciting purchases of EQUIVEST or other Variable Contracts is not duly licensed to sell life insurance (and to sell variable contracts if required by the state in question). If Equitable determines that any Certificate or Variable Contract applied for is a replacement of any insurance or annuity product issued by Equitable or any of its affiliates, Equitable reserves the right not to pay any compensation and to request the return of any compensation already paid.
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NO COMPENSATION PAYABLE. No compensation shall be payable: o if AGNY, in its sole discretion, determines not to issue the Contract applied for or rescinds the Contract;

Related to NO COMPENSATION PAYABLE

  • No Compensation Except as provided in this Section 7.4 and elsewhere in this Agreement (including the provisions of Articles V and VI hereof regarding distributions, payments and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership.

  • Compensation & Payment 8.4.1. Should the claim be found proven; settlement is executed only in the form of compensation payment added to the Client trade account. 8.4.2. Compensation shall not compensate the profit not received by the Client in the event that the Client had an intention to perform some action but has not performed it for some reason. 8.4.3. The Company shall not compensate non-pecuniary damage to the Client. 8.4.4. The Company adds a compensation payment to the Client trading account within one working day since the moment of making a positive decision on the dispute situation.

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • 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.

  • Maximum Compensation There is a maximum compensation for this Agreement and a separate maximum compensation for each Approved Service Order.

  • Management Compensation As compensation for your services in the management of the offering, we will pay you an amount equal to the management fee specified in the Invitation in respect of the Securities to be purchased by us pursuant to the Purchase Agreement, and we authorize you to charge our account with such amount. If there is more than one Representative, such compensation shall be divided among the Representatives in such proportions as they may determine.

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