Payment of Compensation Amounts Sample Clauses

Payment of Compensation Amounts and the transfer provisions in Section 15.6 (Transfer of the Complex to the GOP following Termination). If the GOP has not elected to purchase the Complex within ninety (90) Days following the Termination Date, the GOP shall have no further rights or interest in, or obligations to, the Complex.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Payment of Compensation Amounts. 14.9.1 As soon as reasonably practicable and in any event no later than thirty (30) Days after the Termination Date, the Concessionaire shall submit an invoice to the MED (on behalf of the Government) setting out the amounts payable by the Government ("Termination Invoice"), if any, to the Concessionaire under this Clause 14. The Termination Invoice shall be accompanied by a certification of a reputable international accountancy firm, agreed upon by the Parties or otherwise appointed by the President of the Institute of Chartered Accountants for England and Wales, experienced in the methods of valuation of utility assets, verifying the calculation of all of the elements listed in the Termination Invoice, which calculation shall be used in the preparation of the Termination Invoice.
Sample 1Sample 2Sample 3
Payment of Compensation Amounts. (a) As soon as reasonably practicable and in any event no later than sixty (60) Days after the Termination Date (or other event contemplated in this Agreement making the GOP liable to pay Compensation Amounts to the Seller), the Seller shall submit an invoice to the GOP setting out the amounts payable by GOP, if any, to the Seller pursuant to Section 15.1 (Compensation upon Termination) (the “Termination Invoice”). The Termination Invoice shall be accompanied by a certification of a reputable international accountancy firm operating in Pakistan, agreed upon by the Parties or appointed by the President of the Institute of Chartered Accountants of Pakistan pursuant to Section 16.2 (Determination by Expert), experienced in the methods of valuation of utility assets, verifying the calculation of all of the elements listed in the Termination Invoice in reasonable detail, which calculation shall be used in the preparation of the Termination Invoice.
Sample 1Sample 2
Payment of Compensation Amounts. (d) As soon as reasonably practicable and in any event no later than sixty (60) days after the Termination Date, the Company shall submit an invoice (the “ Termination Invoice ”) to the GOP setting out the amounts payable by GOP, if any, to the Company pursuant to Section 15.1 (
Sample 1
Payment of Compensation Amounts. (a) As soon as reasonably practicable and in any event no later than sixty (60) days after the Termination Date, the Company shall submit an invoice (the “ Termination Invoice”) to the GOP setting out the amounts payable by GOP, if any, to the Company pursuant to Section 15.1. The Termination Invoice shall be accompanied by a certification of a reputable international accountancy firm, experienced in the methods of valuation of utility assets, verifying the calculation of all of the elements listed in the Termination Invoice, which calculation shall be used in the preparation of the Termination Invoice.
Sample 1
Payment of Compensation Amounts. If the Compensation Amount is a positive number, the Settlement Failure Party will pay it to the Determining Party; if it is a negative number, the Determining Party will pay the absolute value of the Compensation Amount to the Settlement Failure Party. Such amount shall be payable by the relevant Party on the day on which the notice given by the Determining Party in respect of such Compensation Amount is effective. The Compensation Amount is payable for the loss of bargain and the loss of protection against future risks, and, except as otherwise provided in this Agreement, neither Party will be entitled to recover any additional damages as a consequence of the occurrence of a Settlement Failure Undertakings Authorized Participant undertakes that it shall comply with its obligations and undertakings under the Applicable Authorized Participant Agreement, and further undertakes that it shall not represent or suggest to any potential investors in or distributors of Commodity Contracts that either Counterparty or any of its Affiliates has [structured] Shares, or provided any advice or information in respect of Shares, or accepted any responsibility in respect of the Prospectus. Counterparty undertakes that it shall comply with its obligations and undertakings under the Facility Agreement and the Counterparty ISDA.
Sample 1
AutoNDA by SimpleDocs
Payment of Compensation Amounts. 2.6 If the Compensation Amount is a positive number, the Settlement Failure Party will pay it to the Determining Party; if it is a negative number, the Determining Party will pay the absolute value of the Compensation Amount to the Settlement Failure Party. Such amount shall be payable by the relevant Party on the day on which the notice given by the Determining Party in respect of such Compensation Amount is effective. The Compensation Amount is payable for the loss of bargain and the loss of protection against future risks, and, except as otherwise provided in this Agreement, neither Party will be entitled to recover any additional damages as a consequence of the occurrence of a Settlement Failure
Sample 1
Payment of Compensation Amounts. (a) As soon as reasonably practicable and in any event no later than sixty (60) days after the Termination Date, the Company shall submit an invoice to the GOP (the “Termination Invoice”) setting out the amounts payable by GOP, if any, to the Company pursuant to Section 15.1. The Termination Invoice shall be accompanied by a certification of a reputable international accountancy firm, experienced in the methods of valuation of utility assets, and agreed upon by the Parties or otherwise appointed by the President of the Pakistan Institute of Chartered Accountants pursuant to Section 16.2 (Determination by Expert), verifying the calculation of all of the elements listed in the Termination Invoice, which calculation shall be used in the preparation of the Termination Invoice.
Sample 1

Related to Payment of Compensation Amounts

  • 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.

  • Amount of Compensation City shall pay Contractor for performance of all Services rendered in accordance with this Contract in an amount not to exceed $2,000,000.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Servicer Compensation The Servicer shall withdraw its Servicing Fee for each Mortgage Loan net of any Month End Interest payable pursuant to Section 7.6.1 from the related Custodial P&I Account prior to the remittance of such amounts to the Certificate Account with all other payments received with respect to the Mortgage Loans.

  • Compensation Payable If the Servicer shall resign or be terminated, the Servicer shall continue to be entitled to all accrued and unpaid compensation payable to the Servicer through the date of such termination as specified in Section 4.09 of this Agreement.

  • Deferred Compensation Account All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

  • Payment of Deferred Compensation Any compensation that has been earned by the Executive but is unpaid as of the Termination Date, including any compensation that has been earned but deferred pursuant to the Company's Deferred Compensation Plan or otherwise, shall be paid in full to the Executive on the Termination Date.

  • Management Fees and Compensation No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, pay any management, consulting or similar fees to any Affiliate of any Credit Party or to any officer, director or employee of any Credit Party or any Affiliate of any Credit Party except:

  • Breakage Compensation In the event of (a) the payment of any principal of any Eurodollar Loan other than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (b) the conversion of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Loan on the date specified in any notice delivered pursuant hereto (regardless of whether such notice may be revoked under Section 2.15 and is revoked in accordance therewith) or (d) the assignment of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto as a result of a request by the Borrower pursuant to Section 3.03 or Section 11.12, then, in any such event, the Borrower shall, after receipt of a written request by any Lender affected by any such event (which request shall set forth in reasonable detail the basis for requesting such amount), compensate each Lender for the loss, cost and expense (excluding loss of profit) actually incurred by it as a result of such event. For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.04, each Lender shall be deemed to have funded each Eurodollar Loan made by it at the Adjusted Eurodollar Rate for such Loan by a matching deposit or other borrowing in the applicable interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Loan was in fact so funded. A certificate of any Lender setting forth in reasonable detail any amount or amounts that such Lender is entitled to receive pursuant to this Section 3.04 and the reasons therefor delivered to the Borrower shall be prima facie evidence of such amounts. The Borrower shall pay such Lender the amount shown as due on any such certificate within 15 days after receipt of such demand. Notwithstanding the foregoing, this Section 3.04 will not apply to losses, costs or expenses resulting from Taxes, as to which Section 3.02 shall govern. Notwithstanding the foregoing, no Lender shall demand compensation pursuant to this Section 3.04 if it shall not at the time be the general policy or practice of such Lender to demand such compensation in similar circumstances under comparable provisions of other credit agreements.

Time is Money Join Law Insider Premium to draft better contracts faster.