Payment instead of notice Sample Clauses

Payment instead of notice. Instead of giving an employee notice, an employer may pay the employee the remuneration the employee would have received, calculated in accordance with this part of the Agreement, if the employee had worked during the notice period.
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Payment instead of notice. (i) If the Employer does not give appropriate notice of their intention to terminate an employee’s employment, they will pay the remainder of the required notice to the employee. (ii) In the case of instant dismissal the employee is only entitled to be paid up to the time of the dismissal.
Payment instead of notice. The amount of the payment instead of notice must equal or exceed the total of all amounts that, if the employee’s employment had continued until the end of the required period of notice, the employer would have become liable to pay the employee because of the employment continuing during that period. The amount must be worked out on the basis of: a) the employee’s current ordinary hours of work (even if they are not standard hours); b) the amount payable to the employee in respect of those hours, including, for example, allowances, loadings and penalties; and c) any other amounts payable under the employee’s contract of employment.
Payment instead of notice a. Primary Connect may choose to pay you in lieu of notice for all or part of the notice period (in which case you will be paid as though you had worked until the end of the period of notice, including your Base Rate of Pay plus any applicable Penalty Rates on the shifts you would have worked).
Payment instead of notice. Instead of giving the RIDER notice the TEAM may: 18.1 pay the RIDER the remuneration the RIDER would have received if the RIDER had worked during the notice period; and 18.2 provide the RIDER with all the benefits the RIDER would have received during the notice period. 18.3 If the RIDER gives notice of termination of employment, and the TEAM waives any part of the notice, the TEAM must pay the remuneration and provide the benefits unless the TEAM and RIDER agree otherwise.
Payment instead of notice. If the Company makes payments instead of notice for all or any of the period of notice stated, the period for which that payment is made must be treated as service with the Company for the purposes of computing any service related entitlement of the Employee.
Payment instead of notice. Instead of giving the RIDER notice the TEAM/TOP CLUB may: 18.1. pay the RIDER the remuneration the RIDER would have received if the RIDER had worked during the notice period; and 18.2. provide the RIDER with all the benefits the RIDER would have received during the notice period. 18.3. If the RIDER gives notice of termination of employment, and the TEAM/TOP CLUB waives any part of the notice, the TEAM/TOP CLUB must pay the remuneration and provide the benefits unless the TEAM/TOP CLUB and RIDER agree otherwise.
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Payment instead of notice. Payment instead of notice will be based on what the employee would have received for normal time he or she would have worked during the period of unserved notice. That total must be worked out on the basis of: (a) the employee’s ordinary hours of work; (b) the amounts ordinarily payable to the employee in respect of those hours, including (for example) allowances, casual loading and penalties; and (c) any other amounts payable under the employee’s contract of employment.

Related to Payment instead of notice

  • Payment in lieu of notice 13.1 Notwithstanding clause 2.1, the Company may, in its sole and absolute discretion, terminate the Appointment at any time and with immediate effect by notifying the Employee that the Company is exercising its right under this clause 13 and that it will make within 28 days a payment in lieu of notice (Payment in Lieu), or the first instalment of any Payment in Lieu, to the Employee. This Payment in Lieu will be equal to the basic salary (as at the date of termination) which the Employee would have been entitled to receive under this agreement during the notice period referred to in clause 2.1 (or, if notice has already been given, during the remainder of the notice period) less income tax and National Insurance contributions. For the avoidance of doubt, the Payment in Lieu shall not include any element in relation to: a) any bonus or commission payments that might otherwise have been due during the period for which the Payment in Lieu is made; b) any payment in respect of benefits which the Employee would have been entitled to receive during the period for which the Payment in Lieu is made; and c) any payment in respect of any holiday entitlement that would have accrued during the period for which the Payment in Lieu is made. 13.2 The Company may pay any sums due under clause 13.1 in equal monthly instalments until the date on which the notice period referred to in clause 2.1 would have expired if notice had been given. The Employee shall be obliged to seek alternative income during this period and to notify the Company of any income so received. The instalment payments shall then be reduced by the amount of such income. 13.3 The Employee shall have no right to receive a Payment in Lieu unless the Company has exercised its discretion in clause 13.1. Nothing in this clause 13 shall prevent the Company from terminating the Appointment for breach. 13.4 Notwithstanding clause 13.1 the Employee shall not be entitled to any Payment in Lieu if the Company would otherwise have been entitled to terminate the Appointment without notice in accordance with clause 14. In that case the Company shall also be entitled to recover from the Employee any Payment in Lieu (or instalments thereof) already made.

  • Payment Instructions Agent shall have received written instructions from Borrowing Agent directing the application of proceeds of the initial Advances made pursuant to this Agreement;

  • Change in Payment Instructions to Obligors Except as may be required by the Agent pursuant to Section 8.2(b), such Seller Party will not add or terminate any bank as a Collection Bank, or make any change in the instructions to Obligors regarding payments to be made to any Lock-Box or Collection Account, unless the Agent shall have received, at least ten (10) days before the proposed effective date therefor, (i) written notice of such addition, termination or change and (ii) with respect to the addition of a Collection Bank or a Collection Account or Lock-Box, an executed Collection Account Agreement with respect to the new Collection Account or Lock-Box; provided, however, that the Servicer may make changes in instructions to Obligors regarding payments if such new instructions require such Obligor to make payments to another existing Collection Account.

  • Date of Notice Any notice sent by registered or certified mail, return receipt requested, shall be deemed given on the date of delivery shown on the receipt card, or if no delivery date is shown, the postmark thereon. If sent by regular mail the notice shall be deemed given forty-eight (48) hours after the same is addressed as required herein and mailed with postage prepaid. Notices delivered by United States Express Mail or overnight courier that guarantee next day delivery shall be deemed given twenty-four (24) hours after delivery of the same to the Postal Service or courier. Notices transmitted by facsimile transmission or similar means shall be deemed delivered upon telephone confirmation of receipt, provided a copy is also delivered via delivery or mail. If notice is received on a Saturday, Sunday or legal holiday, it shall be deemed received on the next business day.

  • Notification of Non-payment The Global Agent shall forthwith notify Freddie Mac by facsimile, e-mail or other rapid means of communication if it has not received the full amount for any payment due in respect of the Notes on the date such payment is due. The Global Agent shall have no liability, responsibility, duty or obligation to any Holder or beneficial owner of Notes to take any action against Issuer in the event that Issuer fails to make available funds sufficient to pay amounts due and payable and owing to any Holder on any Payment Date. The Global Agent shall give issuance instructions to DTC in accordance with DTC’s procedures.

  • Form of Notice All notices, requests, claims, demands and other communications between the parties shall be in writing.

  • Settlement Notice Upon written request received from the Master Servicer, the Servicer shall provide any report relating to such settlement to the Master Servicer on a Hazard Insurance Loss Draft Notification, together with a summary of the disposition of the proceeds.

  • SETTLEMENT INSTRUCTIONS Promptly after the execution of each Securities transaction, Customer will issue to BNY Mellon Instructions to settle such transaction. Unless otherwise agreed by BNY Mellon and subject to Section 8.1, Assets will be credited to the relevant Account only when actually received by BNY Mellon.

  • CAFA Notice Pursuant to 28 U.S.C. § 1715, not later than ten (10) days after the Agreement is filed with the Court, the Settlement Administrator shall cause to be served upon the Attorneys General of each U.S. State in which Settlement Class members reside, the Attorney General of the United States, and other required government officials, notice of the proposed settlement as required by law, subject to Paragraph 5.1 below.

  • Contents of Notice The notice of each Member meeting shall include a description of the purpose(s) for which the meeting is called. If a purpose of any Member meeting is to consider: (i) a proposed amendment to or restatement of the Articles requiring Member approval; (ii) a plan of merger or share exchange; (iii) the sale, lease, exchange or other disposition of all, or substantially all of the Company’s Property; (iv) the dissolution of the Company; or (v) removal of a Governor, then the notice must so state and must be accompanied, as applicable, by a copy or summary of the (1) amendment(s) to the Articles, (2) plan of merger or share exchange, (3) documents relating to the transaction for the disposition of all the Company’s property, and/or (4) plan and Articles of Dissolution.

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