Scenario Three. 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 the actual statutory holiday, but works his/her next scheduled work day following the statutory holiday, the employee is not entitled to a lieu day.
Scenario Three. If, as described in Scenario Two above, on January 31, 2023, 25,175 square feet of the 100,700 rentable square foot Building is deemed to be Eligible Square Footage occupied by one or more Eligible Tenants, but the remaining 75,525 square feet of the Building is not occupied by Eligible Tenants, and then as of January 31, 2024, another new Eligible Tenant occupies 12,588 square feet of the Building (for a total of 37,763 square feet of Eligible Tenants on January 31, 2024), but then the 12,588 s.f. new Eligible Tenant leaves the Building on December 31, 2027, the Total Annual PILOT for the Building shall be as set forth below (and as illustrated in the schedule attached hereto as Exhibit C-3):
Scenario Three. Scenario Three contemplates (i) the Rehabilitator’s stress case loss estimates for both the General and Segregated Accounts, (ii) realization of R&W Recoveries 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 Three, 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 would be paid in full. Holders of Junior Surplus Notes would receive a 43.4% recovery (in nominal terms) of their then-outstanding claim. See Exhibit F.
Scenario Three. An organization established in the US that processes personal data about German data subjects when the processing relates to offering goods or services to those data subjects or to monitoring their behaviour (Section 1(4) No. 3, BDSG).
