Payment Deductions Clause Samples

Payment Deductions. Marathon shall be entitled to deduct, from any sum or sums owing to Consultant hereunder, any amounts owed by Consultant to Marathon, and amounts due or to become due Marathon arising out of indemnification, if applicable, and to withhold from sums due Consultant hereunder any amount necessary to protect Marathon against Consultant's failure to pay indebtedness outstanding against the services performed hereunder and against any loss or damage by reason of any default of Consultant. In the event that Marathon disputes any item on a particular invoice, Marathon shall be entitled to withhold from payment, without payment of interest, the amount in dispute, until such time as Marathon is satisfied as to the disputed item.

Payment Deductions. 8.1 The Company will sample at least 1 plot per 2.5ha of the operation. Bounded plots will be used to calculate the residual stocking (stems/ha), poor quality will also be recorded. The Contractor may witness these plots. 8.2 The Company will assign demerit points at its discretion for poor quality on the following basis:

Payment Deductions. The City may deduct payment to such extent as may be necessary to protect the City from loss due to: A. Work required in the General or Technical Provisions which is: not performed, not performed to the standards set forth therein, not performed at or within the time(s) specified therein, or is incomplete. B. Claims filed or reasonable evidence indicating probable filing of claims by laborers, materialmen, subcontractors, or third parties.

Payment Deductions. Except as otherwise provided in this Trust Agreement, the Trustee shall make the payment or payments to each eligible Executive or Beneficiary and shall debit each payment from the applicable Sub-Trust.

Payment Deductions. (a) MMPDm−1,y = the Monthly Maintenance Payment Deduction (MMPD) for any Month (m-1) in Calendar Year (y) during the Term shall be calculated as follows: MMPDm−1,y = ∑(NCPV × NCPm−1 ) where: (i) NCPV = the unit value of $25 for each Noncompliance Point accrued during Month (m), subject to indexation in accordance with Section 2.2 (Indexation) of this Schedule 8 (Payment Mechanism); and (ii) NCPm-1 = the aggregate number of Noncompliance Points accrued in Month (m- 1) in accordance with Article 11 (Noncompliance Events) and Schedule 7 (Noncompliance Points Table). (b) MRFm-1 = Monthly Royalty Fee for Month (m-1), calculated in accordance with the following formula:

Payment Deductions. ○ Pro RFP reserves the right to deduct penalties, service failure fees, or outstanding balances from Vendor payments.

Payment Deductions. The Company requires the Contractor to carry out formal quality checks to determine the quality of the pruning is to these Job Specifications, the contract note and the pruning prescription. The Company will sample at least 1 plot per 2.5 hectares of the operation. The Contractor may witness such sampling. Pruning defects have been rated and given demerits points as follows: 1. Acceptable unpruned DEMERIT POINTS = 10 1. Reject selection DEMERIT POINTS = 10 2. Over pruning (> Gauge) DEMERIT POINTS = 7 2. Under pruning (< Gauge) DEMERIT POINTS = 7 2. Twigs/Branches/Cones DEMERIT POINTS = 7 3. Collar damage DEMERIT POINTS = 5 3. Branch Tear/Branch Stubs DEMERIT POINTS = 5 3. Stem Damage DEMERIT POINTS = 5 3. Coathangers DEMERIT POINTS = 5 3. Feathering DEMERIT POINTS = 5 3. Epicormics/Needles DEMERIT POINTS = 5 If more than one fault occurs on a tree than the maximum number of demerit points for that tree is equal to the single highest fault. In other words, if a tree has one or many of the same fault, for example, epicormics, the demerit points are a total of 5. Furthermore, if a tree has one or many multiple faults, for example 1 branch, 3 epicormics and is a reject selection, the demerit points are 10 (Reject selection is the single highest fault). If the total demerit points equal 20, then the Contractor may receive written advice from the Company to rework the area before payment is made. The Company will determine the size of the rework area. The size of the rework area will reflect the number of plots i.e. 2 plots per 5 hectares. The Company may charge the Contractor for the cost of replotting the area. The Contractor will be advised in writing before this deduction from payment is made. The Company shall have the right to stand down the Contractor and cancel the contract if demerits continue or damage to pruned crop becomes excessive. Lastly, the Company may withhold payment if the appropriate documentation related to the prescription (e.g. FSC documentation, payment requests) are not provided prior to the mark up dates specified for Forestry Contractor Payments.

Payment Deductions