FUND PROTECTION Sample Clauses

FUND PROTECTION. There will be no diminution in the per employee amount in the funds listed below during the term of this collective agreement as a result of an increase in the number of employees in the bargaining unit as at October 1, 2020 and October 1, 2021 and October 1, 2022. Growth in the number of employees will be measured on the basis of a two collective agreement lag using October 1st as the date; for 2020-2023 collective agreement, growth in the number of employees will therefore be measured on the basis of the number of employees as of October 1, 2014. In the case of the funds below where such is indicated, the basis on which growth in the number of employees will be measured is the growth in the number of employees who are eligible to use the funds. As an example of how this Article will apply, if the per employee amount available is $10 based on 100 employees as of October 1, 2008 and the number of employees increases to 110 as of October 1, 2011, the fund will be supplemented by $100 in the 2011-12 year of the Collective Agreement. If the number of employees is 90 as of October 1, 2012, no supplement will be required and the fund will be $1000. • Funds: • Article 15.12.2 and 15.12.3 Childcare Subsidies
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FUND PROTECTION. There will be no diminution in the per employee amount in the funds listed below during the term of this collective agreement as a result of an increase in the number of employees in the bargaining unit as at October 1, 2011 and October 1, 2012 . The basis on which growth in the number of employees will be measured is the number of employees as of October 1, 2008 . In the case of the funds below where such is indicated, the basis on which growth in the number of employees will be measured is the growth in the number of employees who are eligible to use the funds . As an example of how this Article will apply, if the per employee amount available is $10 based on 100 employ‑ ees as of October 1, 2008 and the number of employees increases to 110 as of October 1, 2011, the fund will be supplemented by $100 in the 2011‑2012 year of the Collective Agreement . If the number of employees is 90 as of October 1, 2012 no supplement will be required and the fund will be $1000 . Funds: • Article 15.13.2 and 15.13.3 Childcare Subsidies
FUND PROTECTION. There will be no diminution in the per employee amount in the funds listed below during the term of this collective agreement as a result of an increase in the number of employees in the bargaining unit as at October 1, 2020 and October 1, 2021 and October 1, 2022. Growth in the number of employees will be measured on the basis of a two collective agreement lag using October 1 as the date; For the 2020-2023 collective agreement, growth in the number of employees will therefore be measured on the basis of the number of employees as of October 1, 2014. In the case of the funds below where such is indicated, the basis on which growth in the number of employees will be measured is the growth in the number of employees who are eligible to use the funds. As an example of how this Article will apply, if the per employee amount available is $10 based on 100 employees as of October 1, 2008 and the number of employees increases to 110 as of October 1, 2011, the fund will be supplemented by $100 in the 2011-2012 year of the Collective Agreement. If the number of employees is 90 as of October 1, 2012, no supplement will be required and the fund will be $1000. • Funds: • Article 15.09.1 and 15.09.2 Childcare Subsidies • Article 18Ways & Means Fund • Article 19 – Professional Development Fund • Article 20 – GA Bursary Fund
FUND PROTECTION. There will be no diminution in the per employee amount in the funds listed below during the term of this collective agreement as a result of an increase in the number of employees in the bargaining unit as at October 1, 20230 and October 1, 20241 and October 1, 20252. Growth in the number of employees will be measured on the basis of a two year collective agreement lag using October 1st as the date. For the 2020-2023 2023-2026 collective agreement, growth in the number of employees will therefore be measured on the basis of the number of employees as of October 1, 2014. In the case of the funds below where such is indicated, the basis on which growth in the number of employees will be measured is the growth in the number of employees who are eligible to use the funds.
FUND PROTECTION. As a responsible e-money issuer EML Money DAC ensures that once it has received funds they are deposited in a secure account, specifically for the purpose of redeeming transactions made by a Card. In the event that EML Money DAC becomes insolvent funds that the Company Representative has loaded which have arrived with and been deposited by EML Money DAC are protected against the claims made by creditors.
FUND PROTECTION. There will be no diminution in the per employee amount in the funds listed below during the term of this collective agree- ment as a result of an increase in the number of employees in the bargaining unit as at October 1, 2014 and October 1, 2015and Octo- ber 1, 2016. Growth in the number of employees will be measured on the basis of a two collective agreement lag using October 1 as the date; For the 2014-2017 collective agreement, growth in the number of employees will therefore be measured on the basis of the number of employees as of October 1, 2008. In the case of the funds below where such is indicated, the basis on which growth in the number of employees will be measured is the growth in the number of employees who are eligible to use the funds. As an example of how this Article will apply, if the per employee amount available is $10 based on 100 employees as of October 1, 2008 and the num- ber of employees increases to 110 as of October 1, 2011, the fund will be supplemented by $100 in the 2011-2012 year of the Collec- tive Agreement. If the number of employees is 90 as of October 1, 2012, no supplement will be required and the fund will be $1000. • Funds: • Article 15.09.1 and 15.09.2 Childcare Subsidies • Article 18Ways & Means Fund • Article 19 – Professional Development Fund • Article 20 – GA Bursary Fund
FUND PROTECTION. As a responsible e-money issuer Guavapay Limited ensures that once it has received your funds they are deposited in a secure account, specifically for the purpose of redeeming transactions made by your Guavapay Product(s). In the event that Guavapay Limited becomes insolvent, funds that you have loaded which have arrived with and been deposited by Guavapay Limited are protected against the claims made by creditors.
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FUND PROTECTION. As a responsible eEmoney issuer, PSIEPay Ltd ensures that once it has received your funds they are deposited in a secure account, specifically allocated for the purpose of redeeming transactions made by your Prepaid Card. Prepaid Card Issuer Your Prepaid Card is issued by PSIEPay Ltd, registered in England & Wales No. 5899168) whose registered address is at Afon Building Worthing Road Horsham, West Sussex RH12 1TL. PSIEPay Ltd is authorised and regulated by the Financial Conduct Authority (register reference 900011) for the issuing of electronic money. Your Prepaid Card is the property of PSIEPay Ltd and is not transferable to anyone else.
FUND PROTECTION. As a responsible e−money issuer, PSI−Pay Ltd ensures that once it has received your funds they are deposited in a secure account, specifically allocated for the purpose of redeeming transactions made by your Prepaid Card. Prepaid Card Issuer Your Prepaid Card is issued by PSI−Pay Ltd, registered in England & Wales No. 5899168) whose registered address is at Afon Building Worthing Road Horsham, West Sussex RH12 1TL. PSI−Pay Ltd is authorised and regulated by the Financial Conduct Authority (register reference 900011) for the issuing of electronic money. Your Prepaid Card is the property of PSI−Pay Ltd and is not transferable to anyone else.
FUND PROTECTION. As a responsible e-money issuer, PayrNet Ltd ensures that once it has received your funds they are deposited in a secure account, specifically for the purpose of redeeming transactions made by your Card. In the event that PayrNet Ltd becomes insolvent funds that you have loaded which have arrived with and been deposited by them are protected against the claims made by creditors.
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