Maximum Entitlements Sample Clauses

Maximum Entitlements. 7.4.1 Where in any Financial Year there is Adjusted Global Net Income but there is either a US Net Loss or a Non-US Net Loss, the Partnership shall, subject to Clause 9, only distribute the Sempra Maximum Entitlement to SG (in the case of a Non-US Net Loss) or the Sempra Maximum Entitlement to SETI (in the case of a US Net Loss), and shall, subject to Clause 9, only distribute the RBS Maximum Entitlement to RBS.
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Maximum Entitlements. Notice or pay in lieu of notice shall be given to employees with one (1) year or more service who are terminated because of changes in administrative procedures, automation, consolidation or suspension of business. The amount of notice or pay in lieu of notice shall be one (1) week at the employee's current regular salary for each year of service to a maximum of eight (8) weeks.
Maximum Entitlements. A principal terminating employment after having completed no less than
Maximum Entitlements. Notice or pay in lieu of notice shall be given to employees with one
Maximum Entitlements. The Parties shall agree the specifications of the Maximum Transfer Limits for the Interconnector. These specifications shall be based on the line and terminal equipment capacities of the Interconnector, the capacity of the parts of the transmission systems of both Transmission Companies which service the Interconnector. If one of the Parties wishes the Maximum Transfer Limit to be increased the Transmission Company shall submit an application to the XXXX XX under the XXXX ABOM to increase the limit. The Transmission Companies and the XXXX XX shall acknowledge that if the scheduled transactions exceed the Maximum Transfer Limit: this may cause damage to the Interconnector and its terminal equipment; and this may adversely affect the Transmission Companies to supply services to each other and any other users of the Interconnector. The Transmission Companies shall notify each other if one Party has reason to believe the other has exceeded the Maximum Transfer Limit or if there is a material risk they may do so to ensure necessary steps are taken to ensure the Maximum Transfer Limit is not exceeded in the future. If any Party exceeds the Maximum Transfer Limit on more than one occasion the XXXX XX shall consider it reasonably required for the protection of both Parties systems and/or the security of supply of the interconnected XXXX system, to require the exceeding Party to install equipment to ensure that the Party does not exceed the Maximum Transfer Limit in the future. The exceeding Party shall comply within the time indicated by the XXXX XX any such requirement within the time the XXXX XX and provide to the XXXX XX evidence to confirm compliance.

Related to Maximum Entitlements

  • Entitlements Every employee

  • Entitlement The allowances prescribed in this clause shall not be taken into account when calculating overtime penalty rates, annual leave, sick leave, long service leave or public holiday payments.

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