Computation of Pay For Leave Sample Clauses

Computation of Pay For Leave. Paid leave for each employee shall be computed on the basis of the employee's regularly scheduled hours of work and assigned calendars.
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Related to Computation of Pay For Leave

  • Termination of Payments Notwithstanding section 2.2, no payments shall be due to Purchaser afler Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple. We refer to the result of this multiplication as the “Maximum Payment Amount.”

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