Initial Transfer Value Sample Clauses

Initial Transfer Value. If under the terms of the Railways Pension Scheme, a transfer value is paid into the Franchise Section(s) from a section of the Railways Pension Scheme in relation to which the Franchise Operator was a Participating Employer prior to the Franchise Commencement Date and, in the opinion of the Actuary, that transfer value is less than the amount required to provide relevant pension rights referred to in Article 6(5)(a) of the Railway Pensions (Protection and Designation of Schemes) Order 1994 (the “Order”), the Franchise Operator shall, as soon as reasonably practicable, pay to the Trustee of the Railways Pension Scheme an amount equal to the difference.
Sample 1
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Related to Initial Transfer Value

  • Lateral Transfers Employees may request to be transferred to a vacant position within their classification in another department and may be transferred pursuant to such request with the written approval of their department head, the involved appointing authority and the Employer's Director of Labor Relations. Such transferred employees shall serve a three (3) month probationary period in the new position. If removed by the appointing authority during the probationary period, the involved employee shall be reassigned to a vacant position within the classification or, if none is available, to their previous position.

  • Lateral Transfer Employees may request to be transferred to a vacant position in another job classification at the same MCSC Grade level provided they meet the minimum qualifications for the position.

  • Medical Transfers The District shall give alternate work, when it is available, to a Unit Member who has become medically unable to satisfactorily perform the Unit Member’s regular job classification duties. The alternate work may constitute lateral transfer or voluntary transfer to a lower classification. The District may require a statement from a licensed physician certifying that the Unit Member is medically able to perform the duties of the alternate work.

  • Salary on Lateral Transfer An employee’s salary shall remain the same, except where the Appointing Authority or designee determines that exceptional circumstances justify payment of a higher rate, when transferring from one (1) position to another which has the same salary range.

  • Increasing Seat Belt Use in the United States Pursuant to Executive Order 13043, 62 FR 19217 (Apr. 18, 1997), Recipient should encourage its contractors to adopt and enforce on-the- job seat belt policies and programs for their employees when operating company-owned, rented or personally owned vehicles.

  • Additional Transaction Limitations For all Accounts (except share draft Accounts), the Credit Union reserves the right to require a member intending to make a withdrawal to give written notice of such intent not less than 7 days and not more than 60 days before any such withdrawal.

  • Adjustment of Number of Common Shares and Exercise Price The subscription rights in effect under the Warrants for Common Shares issuable upon the exercise of the Warrants shall be subject to adjustment from time to time as follows:

  • Terminal Transfers You can get a receipt at the time you make any transfer at a First Hawaiian ATM, Network ATM, or POS terminal.

  • Permit Transfer/Sale 5 16. Release and Waiver of All Claims against Sector Manager; Indemnification and Hold Harmless.

  • Initial Exercise Price; Exercise of Rights; Detachment of Rights (a) Subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time, to purchase, for the Exercise Price, or its U.S. Dollar Equivalent as at the Business Day immediately preceding the day of exercise of the Right, one Common Share. Notwithstanding any other provision of this Agreement, any Rights held by the Corporation or any of its Subsidiaries shall be void.

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