Payment for Termination Sample Clauses

Payment for Termination. In the event of termination, City shall pay the Artist according to the payment schedule, on an actual work basis, or terms in the Basic Services, in City’s discretion. The Artist shall furnish a complete accounting of all services performed through the date of termination, less any sums already received by the Artist as of the date of termination. The City will consider this accounting in determining payment due, less any appropriate damages as City may determine. Artist acknowledges that such compensation as determined by the City shall be full and complete compensation and remedy and no additional compensation or damages shall be due or provided.
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Payment for Termination. ‌ When the Artist's Opera Agreement Engagement Contract is terminated in accordance with (A) and (B) above, the Engager will pay the Artist a pro-rata amount of one-sixth (1/6) of the Artist's weekly contractual fee per day, up to a maximum as specified below per week for services rendered to date, plus one (1) week's contractual fee up to a maximum as specified below. 2022-2025 Maximum $3,201.61
Payment for Termination. Should the Corporation terminate the Executive's employment during the term of this agreement without sufficient cause as defined herein, the Executive shall be entitled to thirty (30) days of full compensation due to her under this contract with the Corporation, including issuance of such stock in The Canton Industrial Corporation, along with the appropriate percentages of any transactions closed by the Corporation to which the Executive would otherwise been eligible to receive through continued employment, all of which together constitute "compensation" for the purposes of this paragraph. All compensation due normally payable in cash is payable in cash on the day of termination, all compensation due normally payable in stock shall be delivered within fifteen (15) days of termination. The stock issued will be valued pursuant to paragraph 1.2(a).
Payment for Termination. If either Party elects to terminate this Agreement after the Commencement Date, then the Client must pay the outstanding amount for all the work undertaken up to and including the date of termination and have completed so far (including development work that is yet to be delivered as a Deliverable to the Client);
Payment for Termination. In the event of termination, the City shall pay Engineer as specified in Exhibit B for the work delivered and acceptable to the City through the date of termination based on hourly rates and reasonable expenses incurred as determined by the City, less any appropriate damages as the City may determine.
Payment for Termination. 60.1 Where the Contract terminates as contemplated in Clause 54 (Termination for Default) the Authority shall pay to the Third Party Lenders (or their agent) the amounts calculated as set out in Schedule J but only if such termination occurs after the date of the Engineer's Declaration.
Payment for Termination. In the event of termination of this Agreement for any reason, except Termination for Cause, Paradise will be entitled to be paid 100% of the SLA rate up to the end of the calendar month following the date of termination of the Agreement. Paradise may make reasonable charges to cover the costs of termination, limited to the preparation for migration of data or working with <TBA> and/or with third parties for the seamless transfer of service to an alternative system solution.
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Related to Payment for Termination

  • Grounds for Termination This Agreement may be terminated at any time prior to the Closing:

  • Procedure for Termination The party designated in Section 4.03 of the Trust Agreement shall advise the Securities Administrator in writing of its election to cause a Terminating Purchase, no later than the Distribution Date in the month preceding the Distribution Date on which the Terminating Purchase will occur. Notice of the Distribution Date on which any such termination shall occur (or the Distribution Date on which final payment or other Liquidation of the last Mortgage Loan remaining in the Trust or the disposition of the last REO Property remaining in the Trust will be distributed to Certificateholders, as reflected in the Remittance Report for such month (the “Final Distribution Date”) shall be given promptly by the Securities Administrator by letter to Certificateholders mailed (a) in the event such notice is given in connection with a Terminating Purchase, not earlier than the 15th day of the month preceding such final distribution and not later than the 5th day of the month of such final distribution or (b) otherwise during the month of such final distribution on or before the Servicing Remittance Date in such month, in each case specifying (i) the Final Distribution Date and that final payment of the Certificates will be made upon presentation and surrender of Certificates at the office of the Securities Administrator therein designated on that date, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such Final Distribution Date is not applicable, payments being made only upon presentation and surrender of the Certificates at the office of the Securities Administrator. The Securities Administrator shall give such notice to the Certificate Registrar at the time such notice is given to Certificateholders. In the event such notice is given in connection with a Terminating Purchase, the purchaser shall deliver to the Securities Administrator for deposit in the Certificate Account on the Business Day immediately preceding the Final Distribution Date an amount in next day funds equal to the Termination Price, as the case may be. Upon presentation and surrender of the Certificates on a Distribution Date by Certificateholders, the Securities Administrator shall distribute to Certificateholders (A) the amount otherwise distributable on such Distribution Date, if not in connection with Terminating Purchase, or (B) if in connection with a Terminating Purchase, an amount determined as follows: with respect to each Certificate with an outstanding Certificate Balance, the outstanding Certificate Balance thereof, plus interest thereon through the Accounting Date preceding the Distribution Date fixed for termination and any previously unpaid interest, net of unrealized losses, Realized Interest Shortfall and Shortfall with respect thereto; and in addition, with respect to each Residual Certificate, the Percentage Interest evidenced thereby multiplied by the difference between the Termination Price and the aggregate amount to be distributed as provided in the first clause of this sentence and the next succeeding sentence. Upon the deposit of the Termination Price in the Certificate Account, the Securities Administrator, on behalf of the Trustee, and any Custodian acting as its agent, shall promptly release to the purchaser the Trustee Mortgage Loan Files for the remaining Mortgage Loans, and the Securities Administrator, on behalf of the Trustee, shall execute all assignments, endorsements and other instruments without recourse necessary to effectuate such transfer. The Trust shall terminate immediately following the deposit of funds in the Termination Account as provided below. In the event that all of the Certificateholders shall not surrender their Certificates within six months after the Final Distribution Date specified in the above-mentioned written notice, the Securities Administrator shall give a second written notice to the remaining Certificateholders to surrender their Certificates and receive the final distribution with respect thereto, net of the cost of such second notice. If within one year after the second notice all the Certificates shall not have been surrendered for cancellation, the Securities Administrator may take appropriate steps, or may appoint an agent to take appropriate steps, to contact the remaining Certificateholders concerning surrender of their Certificates, and the cost thereof shall be paid out of the amounts otherwise payable on such Certificates. Any funds payable to Certificateholders that are not distributed on the Final Distribution Date shall be deposited in a Termination Account, which shall be an Eligible Account, to be held for the benefit of Certificateholders not presenting and surrendering their Certificates in the aforesaid manner, and shall be disposed of in accordance with this Section. The Securities Administrator shall establish the Termination Accounts, which shall be Eligible Accounts, on or about the Closing Date.

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