Payment for Excess Kilometres Sample Clauses

Payment for Excess Kilometres. If the Contracted Buses operated under this Agreement exceed the Half Yearly Assured Bus Kilometres, then the Kilometre Charge payable applicable for such additional kilometres in excess of the Half Yearly Assured Bus Kilometres shall be calculated as follows; Half Yearly Assured Payment Amount for Excess Kms = 0.65 x (Ta – Tm) x Applicable Kilometre Charge where Ta = Actual Bus Kilometres Operated by all Contracted Buses comprising the Available Fleet during the relevant period of 6 (Six) calendar months that has triggered this provision Tm = Half Yearly Assured Bus Kilometres x Available fleet
Sample 1
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Payment for Excess Kilometres. If the Contracted Buses operated under this Agreement exceed the Assured Bus Kilometres, then the Kilometre Charge payable applicable for such additional kilometres in excess of the Assured Bus Kilometres shall be calculated as follows; Assured Payment Amount for Excess Kms = 0.50 x (Ta – Tm) x Applicable Kilometre Charge where Ta = Actual Bus Kilometres Operated by the Contracted Bus during the relevant period that has triggered this provision Tm = Assured Bus Kilometres
Sample 1
Payment for Excess Kilometres. If the Contracted Buses operated under this Agreement exceed the Half Yearly Assured Bus Kilometres, then the Kilometre Charge payable applicable for such additional kilometres in excess of the Half Yearly Assured Bus Kilometres shall be calculated as follows; Additional Kilometre Payment = Applicable Kilometre Charge for the relevant payment period x 0.7550 x Additional Km done by the each Lot of Contracted Buses in aggregate beyond the Half Yearly Assured Km
Sample 1

Related to Payment for Excess Kilometres

  • Adjustment for Excess Volume If Sale Area Map indicates that there are incompletely Marked subdivisions and if Contracting Officer determines that the volume cut will be more than 120 percent of the total es- timated volume listed in A2, Forest Service, upon request by Purchaser, shall make an adjustment in Marking or cutting unit boundaries with the objective of designating for cutting the approximate estimated volumes by species listed in A2. Such adjustments in volumes shall be con- fined to (a) Marking adjustments on Sale Area and (b) re- duction in area to be cut over. Such adjustments or re- ductions shall not conflict with the silvicultural treatment being applied on Sale Area and shall not materially change the average value by species of the timber desig- nated for cutting. Such adjustments may be made not- withstanding the provisions of B1.1 and B2.3. If the timber designated for cutting is not reduced by such adjustments to less than 120 percent of the total es- timated quantity listed in A2, Purchaser, after cutting 120 percent of the total estimated volume listed in A2, may elect to have Sale Area reduced to eliminate the remain- ing Included Timber. However, where felling operations have been started, units of minimum practical size shall be retained in Sale Area.

  • Reimbursement for Expenses Consultant shall not be reimbursed for any expenses unless authorized in writing by City.

  • Payment for TIPS Sales TIPS Members may make payments for TIPS Sales directly to Vendor, Vendor’s Authorized Reseller, or as otherwise agreed to in the applicable Supplemental Agreement after receipt of the invoice and in compliance with applicable payment statutes. Regardless of how payment is issued or received for a TIPS Sale, Vendor is responsible for all reporting and TIPS Administration Fee payment requirements as stated herein.

  • Payment for Unused Sick Leave a. An employee with less than ten (10) years of continuous University service, as defined herein, who separates from the University shall not be paid for any unused sick leave. For employees appointed on or before 1/7/03 University service includes continuous employment by the University or the State of Florida.

  • 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.

  • Time Off in Lieu of Payment for Overtime An employee may elect, with the consent of the Company, to take time off in lieu of payment of overtime at a time or times agreed with the Company. Overtime taken as time off during ordinary time hours will be taken at the ordinary time rate, that is an hour for each hour worked.

  • Payment for Overtime 1. Except as provided in 2.C.3., below, overtime shall be compensated at one and one-half (1 1/2) times the regular rate.

  • PAYMENT FOR MEETING ATTENDANCE 17.01 When the Employer requires an employee to be present at a meeting called by the Employer during the employee's scheduled working hours, time spent at such meeting shall be considered as time worked.

  • Payment for leave (a) Payment will be made based on the number of ordinary hours the Employee would have worked on the day or days on which the leave was taken.

  • For example If an employee utilises two weeks recreation leave over a period of four weeks at half pay, service based entitlements (e.g. personal leave, long service leave, paid parental leave) will be deferred by two weeks.

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