Calculation of EPM Entitlements Sample Clauses

Calculation of EPM Entitlements. (a) Each Group Creditor’s allocated proportion of EPM Entitlements, taking into account each AFF Financier’s AFF Holdco Facilities Commitment Entitlement, will be calculated as follows: where: 𝐸 × 𝑉 × (1 ― (42% 𝑥 𝐴)) E = a DOCA Creditor’s EPM Recovery (which will exclude, for the avoidance of doubt, any recovery to which a Group Creditor would be entitled to in respect of a Group Creditor Claim which is an AFF Waived Claim or an Intra-Group Claim); V = the amount of all Holdco Facilities Commitments that have been designated for issuance as at the Initial Distribution Time (including, for the avoidance of doubt, in respect of Holdback Claims); and A = the percentage of the AFF Rolled Up Elections that will be exercised to receive AFF Holdco Facilities Commitment Entitlements.
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Calculation of EPM Entitlements. (a) Each Group Creditor’s allocated proportion of EPM Entitlements, taking into account each AFFx Fxin(a1ncier’(s42A%FF
Calculation of EPM Entitlements. (a) Each Group Creditor’s allocated proportion of EPM Entitlements, taking into account each AFF Financier’s AFF Holdco Facilities Commitment Entitlement, will be calculated as follows: where:

Related to Calculation of EPM Entitlements

  • Benefit Entitlement When an employee is on a WCB claim all benefits of the Agreement will continue to accrue. However, an employee off work on WCB claim shall receive net wages as defined by (A) above, and benefits equalling but not to exceed their normal entitlement had they not suffered a compensable injury. For the first twenty (20) work days on claim, an employee will accrue paid holidays and vacation credits. Once the claim exceeds twenty (20) work days, paid holidays and vacation credits will not accrue. However, unused vacation credits accrued prior to the claim shall not be lost as a result of this clause.

  • Basic entitlement (a) After twelve months continuous service, parents are entitled to a combined total of 52 weeks unpaid parental leave on a shared basis in relation to the birth or adoption of their child. For females, maternity leave may be taken and for males, paternity leave may be taken. Adoption leave may be taken in the case of adoption.

  • Shift Premium Entitlement (a) Employees working an afternoon or night shift as identified in Clauses 15.1(a)(2) and 15.1(a)(3) shall receive a shift premium for all hours worked on the shift.

  • Job Search Entitlement (a) An employee given notice of termination in circumstances of redundancy must be allowed up to one day’s time off without loss of ordinary pay during each week of notice for the purpose of seeking other employment.

  • Overtime Entitlement (a) An employee will be entitled to compensation for authorized overtime in excess of:

  • Holiday Entitlement Employees who are laid off within seven (7) working days (except employees subject to dismissal through cause) prior to a Statutory Holiday occurring shall be entitled to such Statutory Holiday with pay. Also, employees who are absent either the day before or the day after a Statutory Holiday or both shall be entitled to such Statutory Holiday with pay provided they are absent for a reason of illness or accident.

  • Holiday Pay Entitlement To be entitled to receive a paid holiday, an eligible employee must be in payroll status on the normal work day immediately preceding and the normal work day immediately following the holiday(s). Payroll status shall be defined as follows: actually working, on paid vacation, paid sick leave, compensatory time off, or on a paid leave of absence. Any eligible employee who dies on a holiday or holiday weekend shall be entitled to be paid for the holiday(s).

  • Interaction with Other Leave Entitlements (a) An employee proceeding on unpaid Maternity Leave may elect to substitute any part of that leave with accrued annual and/or accrued long service leave.

  • Effect on Other Entitlements F12.13 Compassionate leave with pay will count as service for all purposes.

  • Other Entitlements In addition to being paid their ordinary pay:

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