Scenario One Clause Samples

Scenario One. Where a statutory holiday falls on an employee's scheduled work day and the employee is in receipt of Weekly Indemnity, Long-term Disability or WorkSafeBC benefits on both the scheduled work day preceding and the scheduled work day following the statutory holiday, the employee is not entitled to a lieu day.
View SourceView Similar (8)
Scenario One. If, on January 31, 2023 (provided that the City has previously received timely notice and has reasonably reviewed and confirmed the Eligible Tenant(s)), 33,567 square feet of the 100,700 rentable square foot Building is deemed to be Eligible Square Footage occupied by one or more Eligible Tenants, while the remaining 67,133 rentable square feet of the Building is not occupied by Eligible Tenants, then the Total Annual PILOT for the Building shall be as set forth below (and as illustrated in the schedule attached hereto as Exhibit C-1): (i) For tax year 2022: (A) For the entire 100,700 rentable square footage of the Building, the PILOT would be equal to seventy-five percent (75%) of the Ad Valorem Taxes which would otherwise be due for the then-applicable taxable year for the Project if the Project were not exempt from ad valorem real estate taxation. (ii) For tax year 2023 and thereafter: (A) For the 33,567 rentable square feet occupied by the Eligible Tenants, the PILOT would be equal to fifty percent (50%) of the Ad Valorem Taxes which would otherwise be due for the then-applicable taxable year for the Project if the Project were not exempt from ad valorem real estate taxation; PLUS (B) For the 67,133 remaining square feet in the Building, the PILOT would be equal to seventy-five percent (75%) of the Ad Valorem Taxes which would otherwise be due for the then-applicable taxable year for the Project if the Project were not exempt from ad valorem real estate taxation;
View SourceView Similar (2)
Scenario One. Scenario One contemplates (i) the Rehabilitator’s base case loss estimates for both the General and Segregated Accounts, (ii) realization of RMBS Litigation proceeds equal to 100% of the nominal cash flows employed in Ambac’s GAAP financial statements as of March 31, 2017, and (iii) the high end of our valuation range for AUK ($350 million assuming a 5.1% discount rate), with dividends from AUK to AAC assumed to commence in 2036. Under Scenario One, all post-transaction Policy Claims would be paid in full, the new Senior Secured Notes would be paid in full, the Tier 2 Notes would be paid in full, and holders of Surplus Notes and Junior Surplus Notes would be paid in full. See Exhibit D. 31 The discount incorporated in the effective consideration package is the same for non-affiliated third parties and AFG provided that AFG’s retention of the SA SSNs is excluded from this calculation.
View Source
Scenario One. All terms and conditions of an Expansion under Scenario One including, without limitation, shell Base Building, Tenant Improvements, time for buildout, Tenant improvement allowance and all other economic factors will be the product of good faith negotiation between the parties since these terms and conditions are not inferable from the terms of this Lease due to the nature of development and changing economic conditions, except for the following terms and conditions, and no agreement regarding an Expansion under Scenario One shall be binding upon either party until a mutually acceptable amendment to this Lease has been executed by Landlord and Tenant with the approval of their respective counsel: (i) The Term of this Lease for the entire Premises, including the Expansion, will be adjusted and extended for a term of ten (10) years commencing on the date the Expansion Area is Ready for Occupancy, subject to further extension(s) under paragraph 46, except that the total Term of this Lease shall in no event exceed thirty (30) years, which shall end no later than twenty (20) years after the end of the initial Term calculated under paragraph 3.1. (ii) The rental rate setting the Rent for the new square footage in the Expansion (the "New Space") (but not the original Premises) shall be based initially on the then-prevailing Market Rental Rate for a comparable building improvement in the vicinity of the Premises as reasonably determined by Landlord and Tenant. If Landlord and Tenant are unable to agree on the Market Rental Rate, Landlord and Tenant shall select a highly qualified and reputable real estate professional with at least ten (10) years of experience in the relevant leasing market (the "Arbiter") to determine the Market Rental Rate. If Landlord and Tenant are unable to agree on the Arbiter, the resident manager of the largest commercial real estate brokerage firm in Tucson will select the Arbiter from a major brokerage firm other than the resident manager's own firm. The term "largest" means the brokerage firm with the largest sales volume in the preceding calendar year. The term "major" means a brokerage firm ranking in the top four in sales volume in Tucson. the terms "largest" and "major" shall exclude (1) CB Commercial; (2) Picor; and (3) DMI Estate Properties, Inc. The initial rental rate setting the Rent for the New Space will be periodically adjusted based on the formulas in paragraphs 4.1 and 46 that determine the Rent for the original Premises.
View Source

Related to Scenario One

  • Geometric visibility The visibility of the illuminating surface, including its visibility in areas which do not appear to be illuminated in the direction of observation considered, shall be ensured within a divergent space defined by generating lines based on the perimeter of the illuminating surface and forming an angle of not less than 5° with the axis of reference of the headlamp.

  • Staffing Plan The Board and the Association agree that optimum class size is an important aspect of the effective educational program. The Polk County School Staffing Plan shall be constructed each year according to the procedures set forth in Board Policy and, upon adoption, shall become Board Policy.

  • COVID-19 Vaccine Passports Pursuant to Texas Health and Safety Code, Section 161.0085(c), Contractor certifies that it does not require its customers to provide any documentation certifying the customer’s COVID-19 vaccination or post-transmission recovery on entry to, to gain access to, or to receive service from the Contractor’s business. Contractor acknowledges that such a vaccine or recovery requirement would make Contractor ineligible for a state-funded contract.

  • Infrastructure Vulnerability Scanning Supplier will scan its internal environments (e.g., servers, network devices, etc.) related to Deliverables monthly and external environments related to Deliverables weekly. Supplier will have a defined process to address any findings but will ensure that any high-risk vulnerabilities are addressed within 30 days.

  • Aggravating and Mitigating Factors The penalties in this matter were determined in consideration of all relevant circumstances, including statutory factors as described in CARB’s Enforcement Policy. CARB considered whether the violator came into compliance quickly and cooperated with the investigation; the extent of harm to public health, safety and welfare; nature and persistence of the violation, including the magnitude of the excess emissions; compliance history; preventative efforts taken; innovative nature and the magnitude of the effort required to comply, and the accuracy, reproducibility, and repeatability of the available test methods; efforts to attain, or provide for, compliance prior to violation; action taken to mitigate the violation; financial burden to the violator; and voluntary disclosure. The penalties are set at levels sufficient to deter violations, to remove any economic benefit or unfair advantage from noncompliance, to obtain swift compliance, and the potential costs, risks, and uncertainty associated with litigation. Penalties in future cases might be smaller or larger depending on the unique circumstances of the case.