Sentences with phrase «paid under the terms of the contract»

Extensive monitoring and evaluation ensures that the high - performing school is only paid under the terms of the contract if they are deemed to have been successful in turning around the performance of the lesser - performing school.

Not exact matches

Pearson filed the suit on Monday in the U.S. District Court of New Jersey, saying Valeant breached his contract by not paying him 580,676 shares and 2.5 million performance shares due in November under the terms of his separation agreement, the Journal reported.

«It is puzzling that an employee who remains under contract (and is still being paid) has sued us for being fired, especially when we continue to comply fully with the terms of our agreement with her,» TheBlaze said.

As I reported at the time, under terms of a contract, whoever acquired Yahoo was required to pay Mozilla annual payments of $ 375 million through 2019, even if it does not think the buyer was one it wanted to work with and walked away.

The publishers added: «Despite the claims in Alex Malarkey's lawsuit, Tyndale House paid all royalties that were due under the terms of our contract on his book...

Brees, who has not yet signed his franchise tender or showed up for any of the team's offseason workouts, faces a deadline of July 16 to complete a long - term contract with the team or else he must play out the 2012 season under the franchise tag, which will pay him over $ 16 million.

i do nt believe under 1 million is sth the preds will pay saros... i like the idea of giving him a one year deal to let both, his and pekkas contract run out in the same year to juggle the numbers of his long term high money contract better (since he can swallow up parts of pekkas numbers)..

The Reds have already agreed to bring in Ings on a free transfer due to the player's contract at Turf Moor coming to an end at the end of last season, and personal terms have been finalised (via Liverpool's official site), but the Merseysiders still have to pay a compensation fee to his old club due to the player being under the age of 23.

Benefits are payable under the optional retirement program to program participants or their beneficiaries and paid only by the designated company in accordance with the terms of the contracts applicable to the program participant.

So how do we reconcile the traditionalist Howey with the self - publishing firebrand who sallies forth under the fluttering colors of «organized advocacy» and «change within the publishing community» and «better pay and fairer terms in all contracts?»

Under the terms of our annuity contracts currently being issued, the death of the owner, if different than the annuitant, will cause the accumulated value of the annuity, minus applicable withdrawal charges and Market Value Adjustment, to be paid to the designated beneficiary.

Gain on a full surrender Gain on partial distributions IRA distributions TSA / ORP distributions Correction of excess contributions to IRAs Conversion of IRA assets to a Roth IRA Gain on surrender of Paid Up Additions (PUAs)(Note: Automatic surrender of PUAs for Value Pay is not a taxable event) Processing of Non-Forfeiture Option (NFO) to Extended Term Insurance (ETI) or Reduced Paid Up (RPU) Interest earned on dividend accumulations Loan on a MEC Dividend used to reduce loan interest on a Modified Endowment Contract (MEC) Dividend used to reduce loan on a MEC Compound of loan interest on a MEC Gain recognized on lapsed contract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does not aPaid Up Additions (PUAs)(Note: Automatic surrender of PUAs for Value Pay is not a taxable event) Processing of Non-Forfeiture Option (NFO) to Extended Term Insurance (ETI) or Reduced Paid Up (RPU) Interest earned on dividend accumulations Loan on a MEC Dividend used to reduce loan interest on a Modified Endowment Contract (MEC) Dividend used to reduce loan on a MEC Compound of loan interest on a MEC Gain recognized on lapsed contract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does not aPaid Up (RPU) Interest earned on dividend accumulations Loan on a MEC Dividend used to reduce loan interest on a Modified Endowment Contract (MEC) Dividend used to reduce loan on a MEC Compound of loan interest on a MEC Gain recognized on lapsed contract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does nContract (MEC) Dividend used to reduce loan on a MEC Compound of loan interest on a MEC Gain recognized on lapsed contract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does ncontract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does not apaid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does not apply

The term includes any contract in the form of a bailment or lease if the bailee or lessee contracts to pay as compensation for use a sum substantially equivalent to or in excess of the aggregate value of the property or services involved and it is agreed that the bailee or lessee may become for no other or a nominal consideration the owner of the property upon full compliance with the bailee's or lessee's obligations under the contract.

«Gross Revenues» means the total monies received by Grantee from a utility company or other power purchaser (provided, however, that if electricity is sold to a subsidiary or affiliate of Grantee, then, and only then, the gross receipts from the sale of electricity under such contract shall be calculated using a sale of not less than the arithmetical average of the prices quoted by market sources of information, which information may be based upon the price paid by any purchaser or purchasers, including Grantee or any subsidiary or affiliate of Grantee, for electricity produced in the Iowa region of the Midwest Independent System Operator («MISO») from operation of wind turbines during the calendar year immediate!y preceding the year in which such electricity production from the Wind Energy Project occurs, taking into account the aggregate terms associated with such transaction) derived from the sale of electric energy and capacity produced and sold from the WTG's installed on the Premises, net of proportional energy losses associated with the power collection system or utility interconnection.

Representing an equipment leasing company in a contract dispute against an assignor of leases alleging breach of a perfect pay provision and a $ 25 million guaranty under the terms of an assignment agreement.

It is extremely likely that, in the absence of an express term setting out the legal rights and obligations of employer and employee (a factor considered in Four Seasons Healthcare Ltd v Maughan [2005] IRLR 324, [2005] All ER (D) 24 (Jan) in relation to suspension without pay prior to conviction) an employee's unavailability for work would lead to automatic termination of the contract under the doctrine of frustration.

His starting point was that under the Supply of Goods and Services Act 1982, s 15 it was an implied term in law in the contract of the retainer of a solicitor that a solicitor will be paid reasonable remuneration for his services.

Despite the claims in Alex Malarkey's lawsuit, Tyndale House paid all royalties that were due under the terms of our contract on his book, The Boy Who Came Back from Heaven.

The case also acts as a reminder to tenants who may find it financially beneficial to be aware of the terms of their lease, as even if the payments are due under the contract, if the correct procedure for demand is not followed, no duty to pay service charges may arise.

Under the Alabama Sales Representative's Commission Contracts Act, businesses must pay the independent representative commissions based on the terms of their agreement or industry customs.

Under contracts of this type the premiums you are to pay to keep your policy in force remain level throughout the term.

A contract meets the cash value accumulation test of this subsection if, by the terms of the contract, the cash surrender value of such contract may not at any time exceed the net single premium which would have to be paid at such time to fund future benefits under the contract.

Under the terms of our annuity contracts currently being issued, the death of the owner, if different than the annuitant, will cause the accumulated value of the annuity, minus applicable withdrawal charges and Market Value Adjustment, to be paid to the designated beneficiary.

-- The term «reportable death benefits» means amounts paid by reason of the death of the insured under a life insurance contract that has been transferred in a reportable policy sale.».

Under the terms of a life insurance contract, the insurance company promises to pay a certain sum to someone (a beneficiary) when you die, in exchange for your premium payments.

A Term plan with Return of Premium is a contract between the applicant and the Life Insurance Company, under which the applicant agrees to pay a certain amount of money (Premium) per year for a fixed period in order to receive a guaranteed amount of money (Sum assured) in the event of his death during the policy term, payable to his nominee (any family membTerm plan with Return of Premium is a contract between the applicant and the Life Insurance Company, under which the applicant agrees to pay a certain amount of money (Premium) per year for a fixed period in order to receive a guaranteed amount of money (Sum assured) in the event of his death during the policy term, payable to his nominee (any family membterm, payable to his nominee (any family member).

So then, if one (the seller) is not paying out «any money» during the tenure of the contract, thus receiving for «free» whatever that listing sales person is spending his / her own money / time on vis a vis trying to arrange a sale in order to recoup and expand upon his / her expenses / time involvement in a monetarily positive manner, then who do you suppose is going to philisophically / legally «pay out» the contractual obligatory monies upon successful completion of a sale under the terms of said listing contract... the buyer?!

If Purchaser is not in default under the terms of the contract, Seller shall pay for Purchaser's account the taxes, special assessments and insurance premiums mentioned above when due and before any penalty attaches, and submit receipts therefore to Purchaser upon demand.