Payment of Compensation for Improvements Sample Clauses

Payment of Compensation for Improvements. 16 16.7 Surrender of the Leased Property & Ownership of Improvements 19 16.8 Right of First Refusal 19 17.1 Surrender of Leased Property 19 17.2 Tanks 20 17.3 Personal Property 20 17.4 Holding Over 20 18.1 General Prohibition 21 18.2 Assignment Rights 21 18.3 Sublease 21 18.4 Collateral Assignments 22 18.5 Change in Control of Entity or Business Name 23 19.1 Events of Default 23 19.2 MAC Remedies 24 19.3 Cumulative Default 25 19.4 Default of Other Agreements 25 20.1 Definitions 25 20.2 Indemnification 26 20.3 Compliance with Environmental Laws 26 20.4 Testing and Reports 27 20.5 Notification 27 20.6 Right to Investigate 28 20.7 Right to Take Action 28 20.8 Environmental Claims Relating to Environmentally Regulated Substances 28 21.1 General 29 21.2 Improvements 29 22.3 Economic 29 22.4 Civil Rights 29 25.1 Definitions 30 25.2 Consent of MAC 31 25.3 Public Portions of Airport 31 25.4 Airport Access 31 25.5 Waiver 32 25.6 Headings 32 25.7 Entire Agreement 32 25.8 Severability 32 25.9 Governing Law 32 25.10 Public Data 32 25.11 Commitments to Federal and State Agencies 32 25.12 Subordination to Agreement with the United States 32 25.13 Successors 33 25.14 Relationship of Parties 33 25.15 Multiple Parties 33 25.16 Commitment of Future Space 33 25.17 Performance of Services on Aircraft 33 THIS AIRCRAFT STORAGE LEASE AGREEMENT (“Lease”) is made between the Metropolitan Airports Commission, a public corporation of the State of Minnesota (“MAC”) and , a , at (“Tenant”).
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Payment of Compensation for Improvements. If MAC terminates this Lease or unilaterally amends this Lease to exclude a portion of the Leased Property pursuant to this Section 16 [Airport Development or Redevelopment], MAC will pay Tenant Compensation (as further defined below) for Improvements affected and not removed from the Leased Property by Tenant. MAC will not pay any compensation for (i) Improvements made in violation of this Lease; or (ii) any underground tanks, above ground tanks or septic tanks; (iii) any xxxxx, all of which shall also be treated as the personal property of Tenant; (iv) trade fixtures (which shall not mean a hangar); or
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Payment of Compensation for Improvements below, that MAC must pay Tenant will be stayed until the Court determines if the Lease is terminated in whole or in part. A termination pursuant to this Section 16.3 is a termination that entitles Tenant to compensation under Section 16.6 [Payment of Compensation for Improvements] below.
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Payment of Compensation for Improvements. ‌ If MAC terminates this Lease or unilaterally amends this Lease to exclude a portion of the Leased Property pursuant to this Section 16, MAC will pay Tenant Compensation (as further defined below) for Improvements affected and not removed from the Leased Property by Tenant. MAC will not pay any compensation for (i) Improvements made in violation of this Lease; or (ii) any underground tanks, above ground tanks or septic tanks;
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Payment of Compensation for Improvements. In the event of a termination based on the Landlord’s exercise of its right to not renew this Lease following the initial 20 year term as set forth in section 3 and if Tenant has paid all taxes, assessments, rent and other charges payable by Tenant under this Lease, the following rules and procedures shall apply: a. Tenant will have the option to remove Xxxxxx’s personal property, the Tenant’s building, and all fixtures from the Property as allowed and as set forth in section 12 of this Lease, or Tenant can require the Landlord to purchase Tenant’s interest in the Improvements (as hereafter defined) by providing a written notice to Landlord of Tenant’s election to require Landlord’s purchase of the Improvements (“Tenant’s Notice”) not later than 15 days after Tenant receives Landlord’s notice of Lease termination. b. In the event Tenant elects to require the Landlord’s purchase of Improvements, the purchase price shall be the lesser amount of (1) the outstanding bonds or (2) the depreciated value for Improvements as set forth in the IRS Code (39 years) (“Purchase Price”) to be paid in cash within 30 days after such value is determined.
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Related to Payment of Compensation for Improvements

  • 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.

  • Compensation for Overtime Assigned overtime is designated as those hours over the regular hours of work which are requested of the employee by management. Assigned overtime worked shall be paid at the rate of time and one-half (1 1/2).

  • Reduction of Compensation If the Firm fails to meet the submission date by less than thirty days for the draft report and/or working papers submitted to the Office of the State Auditor for review and approval or by less than thirty days from the completion date for the final reports and/or corrections to the working papers prescribed herein, the District may, with the consent of the Office of the State Auditor, reduce the agreed compensation by an amount not to exceed ten percent of the total contract price for the applicable fiscal year. If reports and/or corrections to the working papers are overdue by 30 days or more, the District may reduce, with the consent of the Office of the State Auditor, the agreed compensation by an amount not to exceed twenty percent of the total contract price for the Rev. 10/20 applicable fiscal year.

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

  • 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.

  • Form of Compensation Compensation for overtime shall be paid except where, upon request of the Employee, and with the approval of the Employer, or its representative, overtime may be granted in the form of time off in lieu of overtime hours worked.

  • Compensation for Damages 4.1 If the Principal has disqualified the Bidder from the tender process prior to the award according to Section 3, the Principal is entitled to demand and recover the damages equivalent Xxxxxxx Money Deposit/Bid Security. 4.2 If the Principal has terminated the contract according to Section 3, or if the Principal is entitled to terminate the contract according to section 3, the Principal shall be entitled to demand and recover from the Contractor liquidated damages equivalent to 5% of the contract value or the amount equivalent to Security Deposit/Performance Bank Guarantee, whichever is higher.

  • No Additional Compensation Notwithstanding any other provision of this Agreement, the obligation of Agency to return Referred Accounts, provide current status reports of all such accounts or information reasonably required by Client shall be without right to any additional Contingent Fee, administrative fees or other compensation of any kind or type whatsoever after such termination date, including, without limitation, in quantum meruit, for any Services rendered prior to termination (except on recoveries received and remitted to Client pursuant to this Agreement prior to termination) whether or not said Services result in or contribute to recoveries received after termination.

  • A-E Compensation and Extra Work 1.5.1. For the PROJECTS/SERVICES authorized under this CONTRACT, A-E shall be compensated in accordance with the following: 1.5.2. For completion and approval of all PROJECTS/SERVICES where “Extra Work” (defined as changes in approved portions of the PROJECT/SERVICES required by and ordered in writing by DIRECTOR which changes constitute a change in or departure from said approved portions of PROJECTS/SERVICES) is not authorized, compensation including reimbursables shall be described and payable as stipulated in Fee Schedule, herein after referred to as “Attachment B”, attached hereto and incorporated herein by reference. 1.5.3. Where extra work is authorized for PROJECTS/SERVICES: a. The amount for Extra Work shall be determined using Attachment B. Extra Work shall be required by and ordered in writing by DIRECTOR. If this CONTRACT is not approved by the Board of Supervisors, any change that increases the cumulative CONTRACT price beyond $100,000 must be approved by the Board. Increases in the CONTRACT amount for services within the existing scope of work may be granted by the DIRECTOR where the amount does not exceed 25 percent of the existing CONTRACT price or $100,000, whichever is less. b. A-E's billing for the Extra Work shall include but not be limited to names of A- E's staff employed in the Extra Work, classification of employees and number of hours worked. 1.5.4. For partial completion of work of PROJECTS/SERVICES followed by default on part of A-E: a. For failure to complete and secure approval of the first required submittal, there shall be no compensation. b. For failure to complete and secure approval of other authorized phases, A-E shall, upon completion of PROJECTS/SERVICES by others, be entitled to receive compensation based on approved work of PROJECTS/SERVICES not to exceed the amounts specified in Attachment A for that particular submittal, plus the reasonable value as determined by COUNTY of the non-approved work; provided, however, that if the cost to COUNTY to complete the contract exceeds the amount specified herein, A-E shall be liable to COUNTY for such excess costs attributable to A-E's breach of the CONTRACT.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

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