The Annual Clause Samples

The Annual. Lease Rentals payable by the Authorisee in each year is different and subject to annual increase as mentioned above. The Authorisee has to ensure at all times from the date of Authorization Agreement.
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The Annual. Contracted Quantity to a CPP shall be used only in the Specified End Use Plant for the capacity committed under the Concluded PPA for which the CPP has been allowed Coal Linkage. If the Purchaser is a CPP, it shall use the Coal supplied pursuant to this Agreement in the Specified End Use Plant only for the capacity committed under the Concluded PPA/Amended PPA for which the CPP has been allowed Coal Linkage and shall comply with the CPP SOP.
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The Annual. Interest Rate which shall be paid by the Borrower shall be % per annum and: 5.1.1 it shall be fixed for the entire lending period;
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The Annual. Facilities Benefit contribution would be used for the design and construction of public facilities for the City, including, but not limited, to those public facilities described on the City’s Capital Improvement Plan, as currently adopted or hereafter amended.
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Related to The Annual

  • Base Annual Salary “Base Annual Salary” means the greater of (1) the highest annual rate of base salary in effect for the Executive during the 12 month period immediately prior to a Change in Control or, (2) the annual rate of base salary in effect at the time Notice of Termination is given (or on the date employment is terminated if no Notice of Termination is required).

  • Death of the Annuitant If the Annuitant is not an Owner and dies prior to the Annuity Date, Owner 1 will become the new Annuitant unless you designate otherwise. If any Owner is not an individual, we will treat the death of the Annuitant as the death of an Owner.

  • Sick Leave Annual Cash Out ‌ Each January, employees are eligible to receive cash on a one (1) hour for four (4) hours basis for ninety-six (96) hours or less of their accrued sick leave, if: A. Their sick leave balance at the end of the previous calendar year exceeds four hundred and eighty (480) hours; B. The converted sick leave hours do not reduce their previous calendar year sick leave balance below four hundred and eighty (480) hours; and C. They notify their payroll office by January 31st that they would like to convert their sick leave hours earned during the previous calendar year, minus any sick leave hours used during the previous year, to cash. All converted hours will be deducted from the employee’s sick leave balance.

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Payment for annual leave (a) Before going on annual leave, an employee will be paid the amount of wages they would have received for ordinary time worked had they not been on leave during that period. (b) At the election of the employee such payments may be paid in accordance with the usual pay day relevant to the period of leave being taken.