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. SURRENDER OF LEASED PROPERTY 19 17.1 Surrender of Leased Property 19 17.2 Tanks 20 17.3 Personal Property 20 17.4 Holding Over 20 18. TRANSFERS 21 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. DEFAULT 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. ENVIRONMENTAL RESPONSIBILITIES 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. NON-DISCRIMINTATION 29 21.1 General 29 21.2 Improvements 29 22.3 Economic 29 22.4 Civil Rights 29 22. MAC’s OPERATION OF THE AIRPORT 30 23. USE NOT EXCLUSIVE 30 24. NOTICES 30 25. GENERAL PROVISIONS 30 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 EXHIBIT A EXHIBIT B EXHIBIT C DESCRIPTION OF LEASED PROPERTY DESCRIPTION OF SEWER AND WATER EASEMENT SUBLEASE PROVISIONS METROPOLITAN AIRPORTS COMMISSION RELIEVER AIRPORTS AIRCRAFT STORAGE LEASE AGREEMENT 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 (v) personal property (which shall not mean a hangar or any other Improvements).
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.
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;

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 9.5.1 All overtime hours, except those overtime hours exceeding twelve (12) hours in one day, shall be compensated at a rate of pay equal to time and one-half the regular rate of pay of the employee. Those overtime hours exceeding twelve (12) in one day shall be compensated at a rate of pay equal to two times the regular pay of the employee.

  • 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.

  • Show-Up Compensation An employee who is scheduled for work and reports for work, except for situations addressed in Article 123--Inclement or Hazardous Conditions, and is released from work shall be paid the equivalent of two

  • Compensation for Reimbursable Expenses 11.8.1 Reimbursable Expenses are in addition to compensation for Basic, Supplemental, and Additional Services and include expenses incurred by the Architect and the Architect’s consultants directly related to the Project, as follows:

  • Compensation for Delay The time allowed for carrying out the work, as entered in the tender form, shall be strictly observed by the contractor and shall be deemed to be the essence of the contract and shall be reckoned from the fifteenth day after the date on which the order to commence the work is issued to the contractor, for a work where completion is up to 6 months For works, for which the completion period is beyond six months: - The period will be reckoned from the thirtieth day after the date on which the order to commence the work is issued to contractor .The work shall throughout the stipulated period of contract be proceeded with all due diligence, keeping in view that time is the essence of the contract. The contractor shall be bound in all cases, in which the time allowed for any work exceeds one month, to complete 1/8th of the whole work before 1/4th of the whole time allowed under the contract has elapsed, 3/8th of the work before 1/2 of such time has elapsed and 3/4th of the work before 3/4th of such time has elapsed. In the event of the contractor failing to comply with the above conditions, the Commissionor/CMO shall levy on the contractor, as compensation an amount equal to: 0.5% (zero point five percent) of the value of work (contract sum) for each week of delay, provided that the total amount of compensation under this provision of the clause shall be limited to 6% (six percent) of the value of work. (Contract sum) Provided further that if the contractor fails to achieve 30% (thirty percent) progress in half (1/2) of original or validly extended period of time (reference clause 5 below) the contract shall stand terminated after due notice to the contractor and his contract finallised, with xxxxxxx money and or security deposit forfeited and levy of further compensation at the rate of 10% of the balance amount of contract left incomplete, either from the bill, and or from available security/performance guarantee or shall be recovered as "Arrears of land revenue". The decision of the Competent Authority in the matter of grant of extension of time only (reference clause 5 below) shall be final, binding and conclusive. But he has no right to change either the rate of compensation or reduce and or condone the period of delay- once such an order is passed by him (on each extension application of the contractor). It shall not be open for a revision. Where the Commissioner/CMO or Competent Authority or Commissioner/CMO as the case may decides that the contractor is liable to pay compensation for not giving proportionate progress under this clause and the compensation is recommended during the intermediate period, such compensation shall be kept in deposit and shall be refunded if the contractor subsequently makes up the progress for the lost time, within the period of contract including extension granted, if any. failing which the compensation amount shall be forfeited in favour of the Nagar Xxxxx/Nagar Palika Parishad/Nagar Panchayat Clause 3 -:Action when the work is left incomplete abandoned or delayed beyond the time limit permitted by the Commissioner/CMO or Competent Authority: -

  • 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.

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