Benefit Assignments Sample Clauses

Benefit Assignments. E.The monthly compensation allowable under Section 12 hereof to a pilot interned, held as a hostage, or held prisoner of war or missing, shall be credited to such pilot on the books of the Company and shall be disbursed by the Company in accordance with written directions from him. The Company shall require each pilot hereafter employed in or assigned to the MAC Operation to execute and deliver to the Company prior to such employment or assignment, a written direction in the form hereinafter set forth. The Company shall, as soon as practicable, require all pilots assigned to the MAC Operation to execute and deliver to the Company such a written direction. The direction referred to shall be in substantially the following form: "To American Airlines, Inc. "You are hereby directed to pay all monthly compensation allowable to me under the provisions of Section 12 of the MAC Agreement between American Airlines, Inc. and the Air Line Pilots in the service of American Airlines, Inc., as represented by the Allied Pilots Association, while interned, held prisoner or hostage of war, or missing, or resulting from death or any other condition which causes direct payment to me to be impossible, as follows: $__________per month to _____________________________________________ (Name) _____________________________________________________as long as living, (Address) and thereafter to _____________________________________________________ (Name) _____________________________________________________as long as living, (Address) and thereafter to _____________________________________________________ (Name) _____________________________________________________as long as living, (Address) "The balance, if any, and any amounts accruing after the death of all persons named in the above designations shall be held for me, or in the event of my death before receipt thereof, shall be paid to the legal representative of my estate. "The foregoing direction may be modified from time to time by letter signed by the undersigned and any such modification shall become effective upon receipt of such letter by you. "Payments made by the Company pursuant to this direction shall fully release the Company from the obligation of making any further payment with respect thereto. _________________________" (Pilot's Signature)
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Benefit Assignments. The monthly salary allowable under .01 above to a Flight Attendant, who is missing, shall be credited to such Flight Attendant on the books of the Company and shall be disbursed by the Company in accordance with written directions from him/her. The Company shall request each Flight Attendant hereafter employed to execute and deliver to the Company, prior to such employment, a written direction in the form hereinafter set forth. The Company shall, as soon as practicable, request all cabin personnel now employed to execute and deliver to the Company such a written direction. The direction referred to shall be in substantially the following form: Date: You are, hereby, directed to pay all monthly compensation allowable to me while missing under Section 24.01, Missing, Hijacking, Internment, Hostage or Prisoner of War, of the Collective Agreement between the Company and the employees in the service of the Company as follows: $ per month to Name Address as long as living. The balance, if any, and any amounts accruing after death of all persons in the above designation shall be held for me or, in the event of my death before receipt thereof, shall be paid to the legal representative of my estate. The foregoing direction may be modified from time to time by letter signed by the undersigned and any modification shall become effective, upon receipt of such letter. Payments made by the Company pursuant to this direction shall fully release the Company from the obligation of making any further payment with respect thereto. Employee's Signature
Benefit Assignments. The monthly wages allowable per Section shall be credited to the Pilot and shall be disbursed by the Company in accordance with written directions from him. The Company shall request each Pilot to execute and deliver to the Company a written direction, in which shall be in substantially the form as outlined in SECTION (MISSING AND INTERNMENT BENEFITS). Any payments due to the Pilot under this Section which are not covered by a written direction as above requested, shall be held by the Company for any such Pilot in an interest bearing account in the Pilot's name. In the event of reasonable presumption of a Pilot's death, all monies shall be paid to the legal representative of his estate. Any amounts credited to the account of a Pilot or paid to his beneficiary in accordance with the provisions of this Section shall not be required to be returned even if it later becomes established that such payments were made after the death of the Pilot, nor shall such amounts be a charge against the estate of the Pilot, provided that any such beneficiary shall have furnished the Company with any evidence indicating the death of the Pilot promptly after its receipt. A Pilot shall maintain and continue to accrue seniority for pay purposes during the period in which he is missing, interned, a hostage or prisoner of war, and on returning after such period shall be governed as if he had been on a leave of absence under the provisions of SECTION (LEAVES OF ABSENCE) and SECTION (FILLING OF ASSIGNMENTS). DATE: You are hereby directed to pay all monthly compensation allowable to me, while missing, under the terms of the "MISSING, HIJACKING, INTERNMENT, HOSTAGE OR PRISONER OF WAR" Sections of the Collective Agreement or any subsequent specific agreement between and the Airline Pilots in the service of as follows:
Benefit Assignments. 26.2.1 The monthly wages per Section 26.1.2 shall be credited to the Pilot and shall be disbursed by the Company to the Pilot’s designated beneficiaries, per SECTION 22 – BENEFITS.
Benefit Assignments. The monthly wages allowable per Section shall be credited to the Pilot and shall be disbursed by the Company in accordance with written directions from him. The Company shall request each Pilot to execute and deliver to the Company a written direction, in which shall be in substantially the form as outlined in Section Any payments due to the Pilot under this Section which are not covered by a written direction as above requested, shall be held by the Company for any such Pilot in an interest bearing account in the Pilot's name. In the event of reasonable presumption of a Pilot's death, all monies shall be paid to the legal representative of his estate. Any amounts credited to the account of a Pilot or paid to his beneficiary in accordance with the provisions of this Section shall not be required to be returned even if it later becomes established that such payments were made after the death of the Pilot, nor shall such amounts be a charge against the estate of the Pilot, provided that any such beneficiary shall have furnished the Company with any evidence indicating the death of the Pilot promptly after its receipt.
Benefit Assignments. The monthly wages allowable under 23-1.02 and .03 above shall be credited to the Pilot and shall be disbursed by the Company in accordance with written directions from him. The Company shall request from each Pilot hereafter employed to execute and deliver to the Company, prior to such employment, a written direction in the form hereinafter set forth. The Company shall, as soon as practicable, request all Pilots now employed to execute and deliver to the Company such a written direction. The direction referred to shall be in substantially the following form: DATE: You are hereby directed to pay all monthly compensation allowable to me, while missing, under the terms of "MISSING, HIJACKING, INTERNMENT, HOSTAGE OR PRISONER OF WAR" Sections of the Collective Agreement or any subsequent specific agreement between Kelowna Flightcraft Air Charter Ltd. and the Air Line Pilots Association, International as follows: TO: (NAME) (ADDRESS) as long as living. The balance, if any, and any amounts accruing after death of all persons in the above designation shall be held for me or, in the event of my death before receipt thereof, shall be paid to the legal representative of my estate. The following direction may be modified from time to time by letter signed by the undersigned and any modification shall become effective upon receipt of such letter. Payments made by the Company pursuant to this direction shall fully release the Company from the obligation of making any further payment with respect thereto. (PILOT'S SIGNATURE)
Benefit Assignments. The monthly wages per Article 5.11b shall be credited to the Flight Attendant and shall be disbursed by the Company to the Flight Attendant’s designated beneficiary.
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Benefit Assignments. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, legal representatives, successors and assigns. Notwithstanding the foregoing, neither Party shall, without the consent of the other Parties hereto, have the right to assign any of its rights or delegate any of its obligations hereunder, except that Buyer may assign any and all of its rights under this Agreement or any other Transaction Document to one or more of its wholly owned subsidiaries (but no such assignment shall relieve Buyer of any of its obligations hereunder).
Benefit Assignments. This Agreement shall inure to the benefit of and be binding on the parties hereto and their respective successors and permitted assigns. Buyer may assign its rights under this Agreement to any Subsidiary or Assignee of Buyer without the consent of Xxxxxx; provided, however, such assignments shall not abrogate or diminish Buyer’s obligations under this Agreement. Otherwise, this Agreement shall not be assigned by any party hereto without the express prior written consent of the other parties, and any attempted assignment, without such consents, shall be null and void.
Benefit Assignments. Time shall be considered to be of the essence of this Contract. The warranties and agreements herein contained shall extend to, benefit and be binding and obligatory upon the heirs, executors, administrators, successors and assigns of the parties hereto. Seller shall not assign this Contract except to a Seller affiliate or in connection with a like-kind exchange as described below. Buyer, before Closing, may designate in writing to Seller additional parties, which shall be entity or entities owned or controlled by Buyer, to be named as transferee on all instruments of transfer of the Property and other necessary closing documents, including the Owner's Title Policy.
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