Relocation Assistance Benefits. Xxxxxx is informed and acknowledges the following:
Relocation Assistance Benefits. Lessee is informed and acknowledges the following:
Relocation Assistance Benefits. Sublessee is hereby informed and acknowledges the following:
Relocation Assistance Benefits. Lessee is hereby informed and acknowledges the following: By entering into this Lease and becoming a tenant of City, Lessee may become entitled to receipt of "relocation assistance benefits" ("Relocation Benefits") pursuant to the Federal Uniform Relocation Assistance Act (42 U.S.C. 11 4601 et seq.) and/or the California Relocation Assistance Law (Cal. Gov. Code E 7270 et seq.) (collectively, the "Relocation Statutes"), should City at some time make use of the Premises in such a way as to "displace" Lessee from the Premises. Pursuant to the Relocation Statutes, City may then become obligated to make such payments to Lessee even where such displacement of Lessee does not otherwise constitute a breach or default by City of its obligations pursuant to this Lease. Under the Relocation Statutes in effect as of the Date of Commencement of this Lease, Relocation Benefits may include payment to such a "displaced person" of (i) the actual and reasonable expense of moving himself or herself and a family, business, or farm operation, including personal property, (ii) the actual direct loss of reestablishing a business or farm operation, but not to exceed Ten Thousand Dollars ($10,000), or (iii) payment in lieu of moving expenses of not less than One Thousand Dollars ($1,000) or more than Twenty Thousand Dollars ($20,000).
Relocation Assistance Benefits. 43 30.2 Lessee’s Waiver and Release of Relocation Benefits 43 ARTICLE 31 - RECORDS, ACCOUNTS, AND AUDITS 43 31.1 Lessee’s Duty to Keep Records 43 31.2 County’s Right to Audit 43 ARTICLE 32 - GENERAL PROVISIONS 44 32.1 Authority 44 32.2 Brokers 44 32.3 Captions 44 32.4 County Approval 44 32.5 Cumulative Remedies 44 32.6 Entire Agreement 44 32.7 Estoppel Certificate 44 32.8 Exhibits 45 32.9 Force Majeure 45 32.10 Governing Law 45 32.11 Interpretation 45 32.12 Joint and Several Liability 45 32.13 Lessee’s Lease Administration 45 32.14 Modification 46 32.15 Partial Invalidity 46 32.16 Payments 46 32.17 Successors & Assigns 46 32.18 Time of Essence 46
Relocation Assistance Benefits. Licensee is hereby informed and acknowledges the following: By entering into this License Agreement and becoming a licensed user of the Licensed Premises, Licensee may become entitled to receipt of “relocation assistance benefits” (“Relocation Benefits”) pursuant to the Federal Uniform Relocation Assistance Act (42 USC sections 4601 et seq.) and/or the California Relocation Assistance Law (Cal. Gov. Code sections 7260 et seq.) (collectively, the “Relocation Statutes”), should Licensor at some time make use of the Licensed Premises in such a way as to “displace” Licensee from the Licensed Premises. Pursuant to the Relocation Statutes, Licensor may then be obligated to make such payments to Licensee even where such displacement of Licensee does not otherwise constitute a breach or default by Licensor of its obligations hereunder. Under the Relocation Statutes in effect as of the date of this License Agreement, Relocation Benefits may include payment to such a “displaced person” of (i) the actual and reasonable expense of moving himself, herself and a family, business or farm operation, including personal property, (ii) the actual direct loss of reestablishing a business or farm operation, but not to exceed $10,000, or (iii) payment in lieu of moving expenses of not less than $1,000 or more than $20,000. In consideration of Licensor’s agreement to enter into this License Agreement, Licensee hereby waives any and all rights it may now have, or may hereafter obtain, to Relocation Benefits arising out of Licensor’s assertion or exercise of its contractual rights to terminate this Agreement pursuant to its terms, whether or not such rights are contested by Licensee or any other entity, and releases Licensor from any liability for payment of such Relocation Benefits; provided, however, that Licensee does not waive its rights to Relocation Benefits to the extent that Licensee’s entitlement thereto may arise out of any condemnation or pre-condemnation actions taken by the County of Los Angeles or any other public agency with respect to the Licensed Premises or as otherwise expressly set forth in this License Agreement. Licensee shall in the future execute any further documentation of the release and waiver provided hereby as the Judicial Council may reasonably require.
Relocation Assistance Benefits. Employee will receive the relocation assistance benefits specified below. To the extent Employee incurs taxable income related to any relocation benefits paid or provided by the Company, the Company shall pay to Employee an additional amount (the “Gross-Up Payment”) such that the net amount retained by Employee, after reduction for any federal, state and local income or employment tax on the Gross-up Payment, shall equal the amount Employee incurred in federal, state, and local income taxes on such relocation benefits. In calculating tax on the relocation benefits and the Gross-Up payment, the highest applicable marginal rate of federal, state, or local income taxation shall be assumed for the calendar year in which the benefits or Gross-up Payment, as applicable, is provided. All relocation benefits set forth in this section 2.6 are subject to repayment by the Employee in the event of termination of the Agreement under Sections 3.1(c) or 3.1(e) within two years of the Initial Employment Date on the following schedule: 100% repayment if termination occurs within the first six months of employment, 50% repayment if termination occurs after six months and within twelve months of employment, and 25% repayment if termination occurs in the second year of employment.
Relocation Assistance Benefits. To assist with your relocation from Connecticut to the San Francisco Bay Area, the Company will provide the following reimbursements to you: (a) your actual and reasonable out-of-pocket costs to move your household goods and other personal property to the Bay Area; (b) the closing costs (excluding real estate commissions) caused by the sale of your residence in Connecticut and by the purchase of a new residence in the Bay Area; (c) your reasonable temporary housing costs in the Bay Area during your first three (3) months of employment or until you move into a new residence in the Bay Area, whichever occurs first; and (d) your out-of pocket costs for a reasonable number of round trip airfare tickets to/from your Connecticut residence and the Bay Area, such tickets to be used by either or both of you or your spouse. It is expected that all reimbursements made to you under this paragraph will not exceed a total of $100,000 in the aggregate. In order to receive these reimbursements, you must provide documentation, satisfactory to the Company, of your costs and submit completed expense reports.
Relocation Assistance Benefits. §17.1 Lessee not a displaced person. Lessee represents, warrants, acknowledges and agrees that it did not have any possessory, legal or equitable interest in the Premises at the time Lessor entered into negotiations to acquire it from its previous owner, and therefore was not previously and will not in the future be required to move from the Premises as a result of the acquisition of the Premises by Lessor. As such, Lessee is not and will not be a “displaced person” entitled to benefits payable under the Uniform Relocation Assistance Act (42 U.S.C. §§ 4601 et seq.), or under NRS Chapter 342 (Acquisition of Real Property and Assistance in Relocation).
