Payment of Allowance. Payment shall be made in a lump sum at the time of termination. Acceptance of severance allowance shall terminate employment and continuous service for all purposes under this Agreement.
Payment of Allowance. Payment of the Allowance shall be by progress payments not more frequently than once per month after commencement of construction by Tenant and within thirty (30) days after satisfaction of the following conditions precedent:
(a) receipt by Landlord of invoices or other reasonable evidence that it has paid or incurred Qualified Costs; and
(b) Tenant shall not be in default under the Lease beyond any applicable cure period; Landlord and Tenant acknowledge that the draw procedures and timing of draws on the Allowance need to be coordinated with the procedures and timing for draws under the Landlord’s construction loan and Tenant’s contract with Tenant’s GC and the parties shall work together to develop appropriate procedures; provided, however, that Allowance progress payments shall be paid to Tenant within a period of time not to exceed thirty (30) days after the satisfaction of the conditions set forth in (a) through (b) above. Ten percent (10%) of the Allowance shall be retained by Landlord and will be released to Tenant only when the following additional conditions have been satisfied:
(c) Tenant has performed all Tenant Work in accordance with the approved plans and specifications and in accordance with all other applicable provisions of the Lease, exclusive of the completion of all punchlist items as evidenced by a certificate from Tenant’s architect;
(d) Tenant has obtained a certificate of occupancy with respect to the Premises;
(e) Tenant has furnished Landlord original, valid, unconditional and final mechanic’s lien releases from the Tenant’s GC for or in connection with Tenant’s Work at the Premises;
(f) receipt by Landlord from Tenant of two (2) copies of approved sprinkler shop drawings, and (if substantial changes were made during the course of construction and if Landlord so requests) an as-built drawing of the work;
(g) Tenant shall not be in default under the Lease beyond any applicable cure period;
(h) receipt by Landlord from Tenant of all certificates of insurance required under the Lease; All documents required pursuant hereto shall be delivered to the Landlord at Landlord’s address for notices as set forth in the Lease.
Payment of Allowance. The Allowance will be calculated annually based on the Taxation Year. It will come into effect for the 2018-19 Taxation Year beginning December 16, 2018. The Allowance is calculated based on the formula Gross Pay X point seven five percent to a maximum of $500. Full Time employee earnings from EMBA and Worksafe BC will be included in the calculation until the point when they transition to be covered under the LTD Plan. Union leave will also be included in the calculation. The Allowance will be assigned to the Bargaining unit employee’s payroll account and will be used exclusively for the purchase of HEOG shares when these shares are available for purchase in the annual offering of share purchases for bargaining unit Shareholders. In the event that there are not enough available shares to purchase, share purchases will be allocated on a prorated basis. The remaining balance in the employee’s allowance account will be carried over for the next opportunity to purchase shares. In the event of the termination of a bargaining unit employee with a cash accrual in their payroll account this amount will be paid out to the bargaining unit employee on termination. The wage scale for the term of this Agreement is attached as Exhibit "A" of this Agreement.
Payment of Allowance. Subject to Lessor’s approval and acceptance of Lessee work, and upon receipt of documentation described in the above paragraphs, Lessor shall pay Lessee finish Allowance within 30 days.
Payment of Allowance. Landlord shall charge the cost of the improvements to the amount provided as an Allowance. Certain items of Improvement work such as ceiling grid and tile, blinds, light fixtures and mechanical work will have been supplied and/or installed by the Landlord during the Base Building Schedule for the benefit of the Tenant. These items will be charged to the Allowance on a unit cost basis.
Payment of Allowance. The allowance will be paid through the State’s payroll system, SEMA4. Employees would record the allowance on their timesheet to receive payment.
Payment of Allowance. The Allowance shall be paid to Tenant within thirty (30) days following receipt by Landlord of: (1) receipted bills covering all labor and materials expended and used in the construction of the Tenant Improvements; (2) a sworn contractor’s affidavit from the general contractor and a request to disburse from Tenant containing an approval by Tenant of the work performed; (3) full and final waivers of lien from the general contractor (and, to the extent reasonably obtainable, from the subcontractors); (4) as-built plans of the improvements (which may be a marked-up version of the initial plans to show any changes thereto); (5) the certification of Tenant and its architect that the improvements have been completed in a good and xxxxxxx-like manner in accordance with approved plans and all applicable laws, codes and ordinances and (6) evidence that a certificate of occupancy for the Premises, if applicable, has been issued by the applicable governmental authority. The Allowance shall be disbursed in the amount reflected on the receipted bills meeting the requirements above, not to exceed the amounts reflected in Paragraph 5(a) hereof. Landlord shall not be obligated to disburse any portion of the Allowance during the continuance of an uncured default under the Lease or this Amendment, and Landlord’s obligation to disburse shall only resume when and if such default is cured.
Payment of Allowance. On a monthly basis, Lessor shall pay Lessee the amount of the Allowance used to date, provided that Lessee shall supply Lessor with invoices and partial lien for any work done to date for which Lessee requests payment. Lessee may withhold 10% of any draw request as retainage.
Payment of Allowance. Within 30 days after the last to occur of (i) satisfaction of all conditions listed in subsection (a) above, (ii) confirmation from Landlord that the Work is complete in accordance with the Construction Plans, subject to items listed on the Punchlist (if any), and (ii) Tenant’s occupancy of substantially all of the Premises, Landlord will reimburse Tenant for all Construction Costs and other costs to the extent permitted by Section 3(b) incurred by Tenant (as evidenced by receipts or invoices therefor) up to but not in excess of the amount of the Allowance.
Payment of Allowance. Payment shall be made in a lump sum as soon as possible but no later than two (2) weeks after termination. Acceptance of severance allowance shall terminate employment and continuous service for all purposes under this Agreement.
