Risk Premium. (a) In lieu of providing CIRM with warrants, Loan Recipient shall pay CIRM a Risk Premium Amount upon meeting specified Product Revenue thresholds set forth in the Section E.2.c of Article VII of the Loan Administration Policy.
(b) The Loan Recipient shall pay any Risk Premium Amounts owed pursuant to Section E.2.e of Article VII of the Loan Administration Policy.
(c) The Loan Recipient shall have no obligation to pay any Risk Premium Amounts which are due and payable after (i) Loan Recipient transfers the Loan to a new Loan Recipient pursuant to Article V, Section D of the Loan Administration Policy, (ii) Loan Recipient assigns this Agreement and any Disbursement hereunder to a permitted assignee, (iii) the funding is discontinued or suspended by CIRM for any reason other than for termination under Section 8.1(a)-(e), or (iv) all or part of the Loan is forgiven pursuant to Article VII, Section I of the Loan Administration Policy, Section 4.10 of this Agreement, or CIRM has terminated the loan pursuant to Section 8.1(f) and no Event of Default then exists, in which case Loan Recipient shall have no obligation to pay any Risk Premium Amounts; provided, however, that the obligation to pay a Risk Premium Amount(s) will automatically be reinstated pursuant to Article VII, Section I of the Loan Administration Policy, in the event that Loan Recipient obtains revenues arising in whole or in part from the CIRM-Funded Project that meet the specified Product Revenue thresholds set forth in the Section E.2.c of Article VII of the Loan Administration Policy.
Risk Premium. The money collected by the Representative on a monthly basis and payable to the Assurer.
Risk Premium. Those Employees working from staging feet above ground, ladders excluded, will receive a twenty-two (22) cents per hour
Risk Premium. In the event that Company assumes the risk of losses associated with an ISO participating in the Program, the Risk Premium (as defined herein) shall be deducted from the Program Revenue prior to splitting the revenue between the parties per Section 4 below. The Risk Premium shall be calculated by multiplying the percentage of losses contractually assumed by COMPANY (i.e. based on the contract between the ISO and COMPANY), by [***], which shall then be multiplied by the dollar sales volumes of such ISO for the applicable period (the “Risk Premium”). The Risk Premium calculation shall only be applicable in the event COMPANY assumes all or part of the risk of loss caused by items including, but not limited to, unpaid chargebacks generated by the ISO’s merchant customers. [***] Indicates that text has been omitted which is the subject of a confidential treatment request. The text has been separately filed with the Securities and Exchange Commission.
Risk Premium. Depending on the individual Project and the charging model selected, the Customer may choose to supplement the charging model with a risk premium where the Supplier prices the risks identified in the risk log. Such premium may be particularly relevant if the charging model is drawn up within the target price framework. In addition to describing the calculation of the charges payable for the services provided by the Supplier, the Appendix must contain a payment schedule for the charges related to the Deliverables, stating when these charges are payable by the Customer. The payment dates should be linked to the completion of certain activities that are objectively ascertainable, e.g. passed acceptance tests, operational tests, or Agile Demonstrations. It is important that the activities in the payment schedule are perfectly aligned with the Time Schedule. In order to minimise the risk of misunderstandings, it might be considered in this connection to assign activity numbers to the activities. When drawing up the payment schedule, the rules governing the appropriation of funds laid down by the Danish State must be observed, according to which any significant time lags between the implementation of expenditure and the time of delivery of a service should be avoided. If it is deemed appropriate in the relevant Project to organise payments so as to make an advance payment, the Customer must either obtain separate authority in this respect or an on-demand guarantee from a duly accredited financial institution. If payments are organised so as to become payable before an acceptance test for a Partial Delivery, this will constitute advance payment requiring the placing of a guarantee. The Contract refers to Appendix 14, Charges, payment schedule, and other prices, in the following clauses:
Risk Premium. NuRx shall pay DYVA a risk premium equal to 25% of DYVA’s share of the Initial Funding and 50% of each Additional Funding made by DYVA (the “Risk Premium”). The Risk Premium shall be due and payable on each date that DYVA pays the Initial Funding and each Additional Funding.
