Volume Premium Sample Clauses

Volume Premium. In consideration for the volume of Vehicles the Lessee may rent hereunder (and to the extent that such amounts have been received by the Lessor from the Vehicle Manufacturer and/or Vehicle Dealers and are not included in the Vehicle’s Capitalised Cost), the Lessor agrees to pay to the Lessee, as a volume premium (the “Volume Premium”) an amount equal (and limited) to any such amounts as the Vehicle Manufacturers and Vehicle Dealers may pay to the Lessor and which constitute or reflect any bonus, rebates, credit or similar incentive relating to Vehicles purchased by the Lessor and leased to the Lessee in accordance with the terms of this Agreement. The Lessee agrees that the Lessor shall pay to the Lessee any Volume Premium on the Business Day following actual receipt of the corresponding amounts from the Vehicle Manufacturers and/or Vehicle Dealers out, and within the limit, of such amounts.
Sample 1
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Volume Premium. For each Contract Year throughout the Term of this Agreement, the volume premiums calculated as provided below shall be charged to the Purchaser: Calculation of Volume Premium: • Where the actual annual quantity of Metal and Pre-Alloyed Metal purchased by the Purchaser in a given Contract Year, calculated in the manner set forth below (the “Actual Annual Quantity”) is equal to or greater than the quantity indicated in the Threshold 1 of Annual Quantity Range row (up to the applicable maximum volume of the Annual Quantity Range), ***. • Where the Actual Annual Quantity is equal to or greater than the quantity indicated in the Threshold 2 of Annual Quantity Range row but is less than the quantity indicated in the Threshold 1 of Annual Quantity Range row, the volume premium is equal to $*** per Tonne of shortfall of Metal and Pre-Alloyed Metal between the quantity indicated in the Threshold 1 of Annual Quantity Range row and the Actual Annual Quantity for the Contract Year in question. • Where the Actual Annual Quantity is equal to or greater than the quantity indicated in the minimum volume of Annual Quantity Range row but is less than the quantity indicated in the Threshold 2 of Annual Quantity Range row, the volume premium shall be calculated as follows: The sum of: • a volume premium of $*** per Tonne of shortfall of Metal and Pre-Alloyed Metal between the quantity indicated in the Threshold 2 Annual Quantity Range row and the Actual Annual Quantity for the Contract Year in question; and • a volume premium of $*** per Tonne of shortfall of Metal and Pre-Alloyed Metal between the quantity indicated in the Threshold 1 of Annual Quantity Range row and the quantity indicated in the Threshold 2 of Annual Quantity Range row (i.e. in each case, a volume premium of $*** x *** Tonnes) • Where the Actual Annual Quantity is less than the quantity indicated in the minimum volume of Annual Quantity Range row and the Annual Quantity Range has not been reduced pursuant to a Reduction Notice, the volume premium shall be calculated as follows: The sum of: • A volume premium of $*** per Tonne of shortfall of Metal and Pre-Alloyed Metal between the quantity indicated in the Threshold 2 Annual Quantity Range row and the Actual Annual Quantity for the Contract Year in question; and • A volume premium of $*** per Tonne of shortfall of Metal and Pre-Alloyed Metal between the quantity indicated in the Threshold 1 of Annual Quantity Range row and the quantity indicated in the Thr...
Sample 1
Volume Premium. If the Firm Forecast falls below XXXX1 sponge units, a XXXX1 per unit price premium will be applied to the Products produced in that quarter.
Sample 1
Volume Premium. If the Next Quarter Forecast falls below XXXX1 sponge units, a XXXX1 per unit price premium will be applied to the Products produced in that quarter. 1 Omitted and filed separately with the Securities and Exchange Commission under an application for confidential treatment.
Sample 1

Related to Volume Premium

  • Overtime Premium a) Time and one-half (1/2) shall be paid as follows: 1) For all hours worked over 8 (eight) hours per day. 2) For all hours worked over 40 (forty) hours per week. 3) For all hours worked on Sunday, unless part of the employees regularly scheduled workweek. b) Double time plus holiday pay shall be paid for all hours worked on holidays that are defined in this Agreement.

  • Night Premium For all time worked by employees, after 7 p.m. and before 7 a.m., by employees hired on or before August 5, 2005, a premium of twenty-five cents (25¢) per hour shall be paid.

  • Shift Premium Full-Time and Part-Time Employees shall be paid a shift premium of one dollar ($1.00) per hour for all hours worked where the majority of their scheduled hours fall between 1500 and 0700 hours.

  • Night Shift Premium All hours worked by an employee between ten (10:00) p.m. and seven (7:00) a.m. shall be considered as shift work and paid for at the applicable straight time/overtime rate plus two ($2.00) dollars per hour shift premium for each full hour worked during this period. Night-shift premium shall not be added to the employee’s hourly rate of pay for the purpose of computing overtime pay.

  • Weekend Premium An employee shall be paid a weekend premium of one dollar and forty-five cents ($1.45) per hour for each hour worked between 2400 hours Friday to 2400 hours Sunday or such other 48 hour period that the Hospital may establish. If an employee is in receipt of premium payment pursuant to a local scheduling regulation with respect to consecutive weekends worked, he will not receive weekend premium under this provision. Effective June 28, 2005, the weekend premium shall be increased to $1.55 per hour.

  • REINSURANCE PREMIUM The YRT Reinsurance Premium for each coverage shall equal (i) x (ii) x (iii) / 1,000, where:

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • Shift and Weekend Premium (a) An employee shall be paid a shift premium of eighty-five cents (85¢) per hour for each hour worked between the hours of 1500-0700 hours. (b) Effective July 1, 2013, an employee shall be paid a weekend premium of one dollar ($1.00) per hour for each hour worked between 2300 hours Friday and 2300 hours Sunday, or such other forty-eight (48) hour period as the local parties may agree upon or as defined in the Collective Agreement. If an employee is receiving premium pay pursuant to a local scheduling regulation with respect to consecutive weekends worked, the employee will not receive weekend premium under this provision.

  • Overtime and Premium Pay A nurse shall be paid at the rate of one and one- half (1½) times the nurse’s regular hourly rate of pay for all hours worked in any one category listed below, including statutory overtime pay under 9.4.1 or premium pay under 9.4.2 through

  • Monthly Base Rent With respect to any Payment Date and any Lease Vehicle (other than a Lease Vehicle with respect to which the Disposition Date occurred during such Related Month), the “Monthly Base Rent” with respect to such Lease Vehicle for such Payment Date shall equal the pro rata portion (based upon the number of days in the Related Month with respect to such Payment Date that were included in the Vehicle Term for such Lease Vehicle) of the Depreciation Charge for such Lease Vehicle as of the last day of such Related Month calculated on a 30/360 day basis.

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