Common use of Subrogation 16 Clause in Contracts

Subrogation 16. 4.1. a) Cost of Absence means the total remuneration paid by the Employer during a period when the teacher was absent from work. b) Interest means interest calculated in accordance with the provisions of the Alberta Judgment Interest Act, SA 1984, x.X-0.5 and amendments and regulations thereto. c) Judgment or Settlement means an order of a court of competent jurisdiction or an agreement whereby the teacher agrees to accept any sum of money representing past or future loss of remuneration, either by lump sum, periodic payment(s), or through the purchase of an annuity, or any of them. d) Remuneration means the salary, allowances, benefit premiums and other monies paid to or in respect of the teacher by the Employer. e) Teacher means a teacher in respect of whom the Employer has incurred a cost of absence and includes the teacher's personal representative, trustee, guardian or the estate of the deceased teacher.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Subrogation 16. 4.11.1. a) Cost of Absence means the total remuneration paid by the Employer during a period when the teacher was absent from work. b) Interest means interest calculated in accordance with the provisions of the Alberta Judgment Judgement Interest Act, SA 1984RSA 2000, x.X-0.5 X-1, and amendments and regulations thereto. c) Judgment Judgement or Settlement means an order of a court of competent jurisdiction or an agreement whereby the teacher agrees to accept any sum of money representing past or future loss of remuneration, either by lump sum, periodic payment(s), or through the purchase of an annuity, or any of them. d) Remuneration means the salary, allowances, benefit premiums and other monies paid to or in respect of the teacher by the Employer. e) Teacher means a teacher in respect of whom the Employer has incurred a cost of absence and includes the teacher's personal representative, trustee, guardian guardian, or the estate of the deceased teacher.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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