Accrual of Entitlements Sample Clauses

Accrual of Entitlements. All entitlements shall apply pro rata to part-time Employees on the basis that ordinary weekly hours for full-time Employees are 36.
Sample 1Sample 2Sample 3See All (40)
AutoNDA by SimpleDocs
Accrual of Entitlements. (a) If a Staff Member is absent from work because of a personal illness or injury, for which the Staff Member is receiving compensation payments pursuant to the Workplace Injury Rehabilitation and Compensation Xxx 0000 (Vic), then the Staff Member accrues entitlements in accordance with the relevant legislation. (b) A Staff Member, who is in receipt of compensation payments and accident pay, where applicable, during Non-term weeks, is deemed to have been provided with the Staff Member’s entitlement to accrued Non-term weeks. (c) For the purposes of cl.36.2(a), a period of annual leave will not reduce the Staff Member’s entitlement to such compensation payments or to accident make-up pay, if applicable.
Sample 1
Accrual of Entitlements. (i) The following classes of absences are included in calculating a full time employee’s service for purposes of accrual of annual leave, redundancy and rostered day off entitlements: - (a) Any paid Personal Leave, Annual Leave or Long Service leave taken; (b) Any unpaid absence from work of not more than fourteen days in the year of employment on account of sickness or accident; (c) Any absence of 26 weeks duration or less on account of work related injury or illness; and, (d) Any absence on unpaid leave (other than unpaid leave related injury or illness) granted by the Company and agreed to count as continuous employment for accrual purposes. (ii) Entitlements identified in (i) above during the period of employment do not accrue if an employee has an absence that: - (a) Is in excess of the limits set above; or, (b) Is for any other reason. (iii) Such absences do not otherwise break the continuity of a person’s employment with the Company.
Sample 1
Accrual of Entitlements. As parental leave is unpaid, leave entitlements will not accrue during the period of leave. The period of leave will not break continuity of service but will not count as service.
Sample 1
Accrual of Entitlements. Personal leave will accrue:  for the first three years of service at the rate of 0.8333 day for each completed month of service, and  after 3 year’s service, at a rate of 1 day for each completed month of service.
Sample 1
Accrual of Entitlements. The first year of service: a permanent team member shall be entitled to a grant of leave under this section at the rate of 1/26th of the number of nominal hours worked by the permanent team member for the Employer during each four week period (i.e. ten days of leave per year for a full time team member); and
Sample 1

Related to Accrual of Entitlements

  • Accrual of Interest Each Note will accrue interest at a rate per annum equal to 3.50% (the “Stated Interest”), plus any Additional Interest and Special Interest that may accrue pursuant to Sections 3.04 and 7.03, respectively. Stated Interest on each Note will (i) accrue from, and including, the most recent date to which Stated Interest has been paid or duly provided for (or, if no Stated Interest has theretofore been paid or duly provided for, the date set forth in the certificate representing such Note as the date from, and including, which Stated Interest will begin to accrue in such circumstance) to, but excluding, the date of payment of such Stated Interest; and (ii) be, subject to Sections 4.02(D), 4.03(E) and 5.02(D) (but without duplication of any payment of interest), payable semi-annually in arrears on each Interest Payment Date, beginning on the first Interest Payment Date set forth in the certificate representing such Note, to the Holder of such Note as of the Close of Business on the immediately preceding Regular Record Date. Stated Interest, and, if applicable, Additional Interest and Special Interest, on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.

  • Accrual of Seniority Seniority shall accrue during: (a) the first one hundred and nineteen (119) calendar days of sick leave including time on E.I. sick benefit or Income Replacement Benefits under the Automobile Insurance Act; (b) unpaid leaves of absence up to and including one hundred and sixty-eight (168) work hours in a calendar year; (c) hours absent while receiving benefits from the Worker’s Compensation Board; (d) temporary positions, out-of-scope of any union, with the Employer not to exceed twelve (12) months unless extended by mutual agreement with the union; (e) bereavement leave, pressing necessity leave, family leave, medical care leave; (f) jury duty and court service; (g) vacation leave; (h) leave for elected Public Office; (i) union leave; (j) all maternity/paternity/adoption/parental leave; (k) education leave up to twenty-four (24) months. (l) Long-term disability or Income Replacement Benefits under the Automobile Insurance Act. (m) If an Employee’s hours of work are reduced due to a disability, full-time Employees shall maintain their pre- disability accrual rate. Other than full-time Employees shall accrue seniority as follows: (i) For those who have worked one (1) year or more: Paid Hours in Previous 52 Weeks = Seniority Hours Per 52 Week of Leave (ii) For other than full-time Employees who have worked for less than one (1) year:

  • Accrual of Dividends For all Accounts, dividends will begin to accrue on noncash deposits (e.g., checks) on the business day you make the deposit to Your Account.

  • Overtime Entitlement (a) An employee will be entitled to compensation for authorized overtime in excess of: (1) the scheduled daily hours; or (2) the maximum daily hours for those employees on flextime; or (3) the agreed averaging period. (b) For the purposes of calculating the hourly rate for overtime, an employee's biweekly rate shall be divided by 70. (c) Overtime shall be compensated in 30-minute increments; however, employees shall not be entitled to any compensation for periods of overtime of less than five minutes per day.

  • Contractual Obligations Promptly, the occurrence of any default or event of default under any Contractual Obligation of any member of the Consolidated Group which would reasonably be expected to have a Material Adverse Effect.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!