Loss of earnings. The loss of earnings in this agreement refers to the earnings an employee loses in regards to his or her regular working hours in order to participate in training. The employer can deduct the part of the loss of earnings that the employee might receive as compensation for the training period elsewhere. This, however, does not apply to any compensation the employee in question might receive from his or her trade union or branch.
Loss of earnings. By a General Assignment dated [•1 2007 SOFFIVE SHIPPING CORPORATION of 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx of Liberia (the “Owner”) has assigned to THE ROYAL BANK OF SCOTLAND plc of The Shipping Business Centre, 0-00 Xxxxx Xxxxx Xxxxxx, Xxxxxx, XX0X 0XX, Xxxxxxx (the “Mortgagee”) its rights, title and interest in and to all policies and contracts of insurance from time to time taken out or entered into by or for the benefit of the Owner in respect of m.v. Sophia and her earnings and accordingly all claims hereunder shall be paid in full to the Safety Account designated [•] unless and until the Mortgagee shall have notified the insurers hereunder to the contrary, whereupon all such claims shall be paid to the Mortgagee or its order. SOFFIVE SHIPPING CORPORATION of 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx of Liberia the owner of the m.v Sophia HEREBY GIVES NOTICE that by a Deed of Assignment dated [•] and entered into by us with THE ROYAL BANK OF SCOTLAND plc of The Shipping Business Centre, 0-00 Xxxxx Xxxxx Xxxxxx, Xxxxxx, XX0X 0XX, Xxxxxxx there has been assigned by us to THE ROYAL BANK OF SCOTLAND plc as first mortgagees of the said vessel all insurances in respect thereof, including the insurances constituted by the Policy whereon this notice is endorsed. Signed For and on behalf of Dated: [•] EXECUTED as a DEED ) by ) for and on behalf of ) SOFFIVE SHIPPING CORPORATION ) Attorney-in-Fact in the presence of: ) Witness Name: Address. Occupation: EXECUTED as a DEED ) by ) for and on behalf of ) THE ROYAL BANK OF SCOTLAND ) Attorney-in-Fact in the presence of: ) Witness Name: Address. Occupation: Private & Confidential To: The Royal Bank of Scotland plc The Shipping Business Centre 0-00 Xxxxx Xxxxx Xxxxxx Xxxxxx XX0X 0XX Xxxxxxx From: Safety Management Overseas S.A. Edificio Torre Universal Piso 12 Xxxxxxx Xxxxxxxx Xxxx P.O. Box 8807 Panama Republic of Panama Dear Sirs 1 Loan Agreement We understand that under a Loan Agreement (the “Loan Agreement”) dated 19 November 2007 between (1) yourselves The Royal Bank of Scotland plc (the “Bank” which expression includes the Bank’s successors and assigns) and (2) Soffive Shipping Corporation (the “Borrower”) the Bank has agreed to make a multicurrency loan of up to $45,000,000 (the “Loan”) to the Borrower and that it is a condition to the Bank’s agreement to make the Loan to the Borrower that we, Safety Management Overseas S.A. (the “Manager”), enter into this letter of undertaking (the “Letter”) in favour of the Bank. W...
Loss of earnings. Loss of earnings will apply where Xxxxx has lost revenue due to damage, late returns, failed deliveries, vehicles off the road, fuel shortages, delivery costs, office costs or anything that has affected the running of the business. We will always ensure that the vehicle is repaired in the shortest period possible.
Loss of earnings. Subject to the rules of the em ploying Or ganization, and to the extent possible, short-term translators may be allowed to participate in a lo ss of earnin gs an d insurance s cheme f or illn ess o r injuri es occ urring during their re spective appointments, if such a scheme is in place at the employing Organization.
Loss of earnings. Property of Others;
Loss of earnings. What We Pay For: We pay up to $1,000, or the additional amount shown on the Supplemental Declarations, for loss of earnings when your business earnings are interrupted by loss or damage by a specified cause of loss, subject to the provisions of this policy. The deductible does not apply to this insuring agreement. We pay for actual loss of earnings incurred as a direct result of the necessary interruption of business due to covered loss or damage caused by specified causes of loss to tees, fairways and greens and additional golf course property located on the insured premises. We pay for loss of earnings for the period of interruption shown in your policy. Under this coverage, loss of earnings is defined as the sum of:
Loss of earnings. The claimant has pleaded as loss of earnings the sum of $690,000 for the period August 1, 2004 to October 2006 and continuing. The evidence, however, disclosed that he resumed work in August 2005 and so any claim for loss of earnings would have been from August 1, 2004 to July, 2005. What is pleaded, he says, is erroneous. His claim is, therefore, for $330,000 representing a salary of $15,000 per fortnight for the period stated. There is no pay advice slip exhibited but the medical report shows that the claimant was temporarily incapacitated for almost one year and that he indicated that he would return to work after July, 2005. The absence of a pay advice slip is not taken as being fatal in this case as the claimant’s salary would have been within the peculiar knowledge of the first defendant as his employer and payer. Furthermore, the defendant has not refuted the evidence that the claimant was unable to work and that his salary was $15,000 per fortnight.
Loss of earnings. By a Deed of Assignment dated [·] 2012 [Q A MARITIME LTD.] [Q IOANARI SHIPPING LTD] [Q JAKE SHIPPING LTD.] [Q XXXX SHIPPING LTD.] of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Xxxxxxxx Xxxxxxx XX00000 (the “Owner”) has assigned to ABN AMRO BANK N.V. of Xxxxxxxxxx 00, 0000 XX Rotterdam, The Netherlands (the “Mortgagee”) (subject to the prior assignment dated [7 September 2011] [29 September 2011] [10 June 2011] [19 June 2012] to ABN AMRO Bank N.
Loss of earnings. What We Pay For: We pay for loss of earnings when your earnings are interrupted by a covered cause of loss, subject to the provisions of this policy. The deductible does not apply to this insuring agreement. We pay up to $1,000, for your actual loss of earnings resulting directly from necessary interruption of the business conducted on your premises. We will pay for loss of earnings for a period up to three (3) months. Under this coverage, loss of earnings is defined as the sum of:
Loss of earnings. In his statement of claim, Xxxxxx claimed loss of earnings “from 16th May, 1994 and continuing at
