Monthly Remuneration definition

Monthly Remuneration means that figure obtained by taking the Salary of the Executive as defined in Article 6.1, (as same may be modified from time to time), and dividing that figure by 12.
Monthly Remuneration means an amount equal to a twelfth (1/12) of the Remuneration, as adjusted for amounts that are not evenly divisible by twelve. For example, a Performance Rxx with a Subscription Price of $2.00 will carry an Annual Minimum Yield of $0.04 (two percent of the Subscription Price of such Performance Rxx), and consequently the first eleven (11) Monthly Remuneration payments will equal a minimum of $0.0033 and the twelfth Monthly Remuneration payment will equal a minimum of $0.00337, totaling at least the Minimum Annual Yield of $0.04;
Monthly Remuneration means the amount equal to annual on target cash compensation divided by twelve (on target cash compensation is equal to annual base salary plus on target performance bonus).

Examples of Monthly Remuneration in a sentence

  • According to Article 7undecies, § 11 of the Electricity Act, the financing rules of this provision must enable XXXX to have the necessary financial resources to pay the Monthly Remuneration; for this reason, these financing rules are essential to perform the Contract.

  • The Capacity Remuneration is paid under the form of a Monthly Remuneration, as from the first month of the Transaction Period in accordance with the formula and the modalities set out below.

  • Persons with disability related to speaking and conveying messages is more frequent in the younger age group.

  • Monthly Remuneration and Date of Joining Received by Each of Department’s Officer’s and Employees, Salary Including the System of compensation as Provided in its Regulations.

  • These charges shall be applicable on Monthly Remuneration of the professionals excluding GST – the Monthly Remuneration of professionals shall be fixed at the time of selection of professionals as per the provisions of the Special Conditions of Contract.

  • Total Monthly Remuneration Fixed + Total Monthly Remuneration Variable = Amount to be Annualised.

  • SL.No.ParticularsResponse01.NameMs. Vandana P Sethi02.PANCBGPS4688M03.Terms & Conditions of AppointmentChief Administrative Officer Monthly Remuneration: Rs. 5,00,000/- (Rupees Five Lakh Only) effective from 01st day of September, 2021 to 31st day of August, 2024.

  • Monthly Remuneration The remuneration described in article 7undecies, §11 of the Electricity Act.

  • Reports & Financials Standalone Financial StatementsOverviewManagement Discussion & AnalysisBreakup of Monthly Remuneration- payablew.e.f. April 01, 2020Basic Salary per month` 5.00 LacsHouse rent allowance up to 50% of salary.

  • The location of the CRL tunnels beneath lower Queen Street through to Albert Street will not greatly alter this current environment.


More Definitions of Monthly Remuneration

Monthly Remuneration means, with respect to any Director or Commissioner, such Director's or Commissioner's monthly salary plus the following items (if applicable), bonus, incentive payments, car allowance, electricity and appliance allowances, housing and housing maintenance allowances, dress allowances and holiday and vacation allowances; provided that if such benefits are calculated on an annualized basis, for purposes of this definition such benefits shall be divided by 12.

Related to Monthly Remuneration

  • Remuneration means any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961;

  • Annual Fee has the meaning stated in Section 4.02(a).

  • Daily Remittance is defined in Section 6.11(a) of the Servicing Agreement.