Compliance Rate definition
Examples of Compliance Rate in a sentence
It is confirmed that Licensee has submitted to Philips a Royalty Reporting Form certified by a corporate officer of Licensee and setting forth the number of Licensed Products Sold by Licensee and its Affiliates prior to the Effective Date (“Past Use”) and a specification of the corresponding royalties due (“Past Use Amount”), based on the Compliance Rate.
The applicable royalty shall be the Compliance Rate, unless the Non‐compliance Rate applies.
The applicable royalty rate per Product-type is specified in Annex C and shall be the Standard Rate, unless the Compliance Rate applies.
The Compliance Rate (instead of the Standard Rate) shall be applied when Licensee is in full compliance with its obligations under this Agreement, including but not limited to (i) timely and accurate filing of Royalty Reporting Forms and (ii) full and timely payment of all royalties due under this Agreement.
By February 1st of each year, the Licensing Administrator shall prepare and present to the Shelter Board an annual report of the number of dogs licensed during the prior year in each Party’s Jurisdiction, the estimated household population of each Party’s Jurisdiction as reported in the most current publication by the State Demographer’s Office, the Compliance Rate for each Party’s Jurisdiction and the funds collected during the prior year.
Compliance and Reporting 7.Contract Compliance Rate: Ensuring that all contractual obligations are met, including reporting requirements, pricing adherence, and administrative fee remittance, will be a key success metric.
The applicable royalty shall be the Standard Rate, unless the Compliance Rate applies.
Effective with bills rendered on and after January 24, 2014, an Environmental Compliance Rate Adjustment Clause Rider (E-RAC) will apply for all standard customer bills rendered under the applicable Standard Schedules or special contracts.
The Monthly Non- mpliance Energy and the Non- Compliance Rate in $/MWh will be equal to the product of by PJM and the number of days in the DY (365 or 366) Compliance Charge shall be equal to the product of the N Compliance Rate.
Licensee may apply the Compliance Rate (instead of the Standard Rate) when Licensee is in full compliance with its obligations under this Agreement, including but not limited to (i) timely and accurate filing of Royalty Reporting Forms and (ii) full and timely payment of all royalties due under this Agreement.