Employee Indebtedness. No director, former director, officer, former officer, shareholder or employee of the Company or any person not dealing at arm’s length (within the meaning of the Tax Act) with any such person is indebted to the Company.
Employee Indebtedness. Except as set forth on Schedule 2.18 attached hereto, the Company is not indebted, directly or indirectly, to any person who is an employee of the Business or any affiliate of any such person in any amount whatsoever other than for salaries for services rendered or reimbursable business expenses, all of which have been reflected in the Company Reports, and no such employee is indebted to the Company, except for advances made to employees of the Company in the ordinary course of business to meet reimbursable business expenses anticipated to be incurred by such obligor.
Employee Indebtedness. The Company shall, and shall cause its subsidiaries to, cause all outstanding notes payable by, accounts receivable from, advances by the Company or any subsidiary of the Company to, or indebtedness owed to the Company or any subsidiary of the Company by, any current or former director, officer or employee (or any family member of a current or former director, officer or employee or any affiliate of a current or former director, officer, employee or family member) of the Company or any subsidiary of the Company (“Employee Indebtedness”) to be paid or repaid, including any and all principal and accrued interest thereon, to the Company or its applicable subsidiary, as the case may be, prior to the Closing.
Employee Indebtedness. The Company does not have any loans or other indebtedness outstanding which has been made to any of its shareholders, officers, directors or employees, or any person not dealing at “arm’s length” (as such term is defined in the Income Tax Act (Canada)) with the Company.
Employee Indebtedness. Except as disclosed in the Financial Statements --------------------- no director, former director, officer, former officer, shareholder or employee of the Corporation or any person not dealing at arm's length within the meaning of the Income Tax Act (Canada) with any such person is indebted to the Corporation;
Employee Indebtedness. SAFETY . . . . . . . . . . . . . . . . . . . . .
Employee Indebtedness. Section 1. Employees are responsible for paying their just debts.
Section 2. While the Employer may encourage Employees to resolve indebtedness, the Employer will not act as a collection agent for debts unrelated to work. Any such actions will be taken in accordance with Agency regulations, and supported by specific authority such as a court order or Agency directive.
Employee Indebtedness. Except as disclosed in the Financial Statements, no director, former director, officer, former officer, shareholder or employee of the Corporation or Glutino USA or any person not dealing at arm’s length (within the meaning of the ITA) with any such person is indebted to the Corporation or Glutino USA.
Employee Indebtedness. 2601 The Employer and the Association agree that a Registered Nurse is responsible for paying just debts. It is agreed that disciplinary action may be taken in accordance with the VA Standards of Conduct and MP-5, Part II, Chapter 8. 2700 ARTICLE XXVII – SUPPLEMENTS & AMENDMENTS 2701 Except for the duration period, as specified in Paragraph 2901, and except where the Parties are required by future law, regulation or policy to effect such change, no change in the terms of this Agreement during the life of the Agreement shall be made without the mutual consent of both Parties to enter into negotiations on the proposed change. 2702 When required by law, regulation or policy the Agreement shall be opened for amendment upon a written request of either Party made within thirty (30) calendar days after receipt of such law, regulation or policy. Requests for such amendments must include a summary of the amendment(s) proposed and must make reference to the appropriate law, regulation or policy upon which each such amendment request is based. The Parties shall meet within thirty (30) calendar days after receipt of such request to commence negotiations under mutually agreed ground rules. No changes shall be considered except those bearing directly on and falling within the scope of such law, regulation or policy. 2703 Throughout the duration of this Agreement, the Parties may, by mutual consent, negotiate a supplement to this Agreement. Within thirty (30) days of such mutual consent, negotiations will commence under mutually agreed ground rules. 2704 Supplements and amendments negotiated by the Parties are subject to approval by the Chief Medical Director and will become a part of this Agreement upon approval. Any such amendment or supplement will be subject to review on the same date as this Agreement.
Employee Indebtedness. The Employer and Union mutually agree that the manner in which the responsibilities of Management and the employees’ indebtedness shall be in accordance appropriate debt collections and salary offset regulations, including 5 USC 5514, 5 CFR 550 Subpart K, and the Debt Collection Improvement Act 1996), as amended.
