Common use of Repayment Upon Default Clause in Contracts

Repayment Upon Default. Where a Faculty Member defaults under the written agreement noted in clause 20.12 (h) for any reason (other than illness, death or physical or mental disability) or terminates or violates the provisions upon which the Leave was approved, the Faculty Member shall, immediately upon the occurrence of such default or violation, pay to the College an amount of monies equal to the total amount (TA) of all salary and other monies received by the Faculty Member from the College or paid by the College on behalf of or for the benefit of the Faculty Member during the period of the Leave.

Appears in 7 contracts

Samples: Faculty Collective Agreement, Faculty Collective Agreement, Fifth Collective Agreement

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Repayment Upon Default. Where a Faculty Member an Employee defaults under the written agreement noted in clause 20.12 (h) for any reason (other than illness, death or physical or mental disability) or terminates or violates the provisions upon which the Leave was approved, the Faculty Member Employee shall, immediately upon the occurrence of such default or violation, pay to the College an amount of monies equal to the total amount (TA) of all salary and other monies received by the Faculty Member Employee from the College or paid by the College on behalf of or for the benefit of the Faculty Member Employee during the period of the Leave.

Appears in 4 contracts

Samples: Fifth Collective Agreement, Fifth Collective Agreement, Fourth Collective Agreement

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