Termination and Re Sample Clauses

Termination and Re procurement 21.1 IOM may terminate this Agreement, in whole or in part, at any time with written notice to the Supplier. Any monies paid in advance by IOM shall be refunded on or before the date of termination. 21.2 If IOM terminates this Agreement in whole or in part for default on the part of the Supplier, it may acquire elsewhere goods similar to those terminated and the Supplier shall be liable for any excess costs to IOM for the re‐procurement of those goods as well as the removal of any or all of the Supplier’s product or equipment from IOM’s premises or other places of delivery. The Supplier shall not be liable for any excess costs if the failure to perform under this Agreement arises from causes beyond its control and without fault or negligence of the Supplier. 21.3 Upon any such termination, the Supplier shall waive any claims for damages including loss of anticipated profits on account thereof.

Termination and Re employment (a) When an employee without vacation eligibility is terminated, he will be entitled to the statutory requirement as set forth in the applicable legislation. If the employee is subsequently re-employed, he will become entitled to a vacation whenever his Company Service Credit meets the eligibility requirements on the plan. Such vacation shall be reduced by the amount already received in the current year due to statutory requirements.

Termination and Re allocation of L/C Participations on Third Business Day prior to the Revolving Initial Termination Date. Notwithstanding anything contained in this Agreement or any other Loan Document to the contrary, if an extension of the Revolving Facility becomes effective pursuant to Section 2.26(c) and the Tranche A Issuing Lender agrees to continue to provide the L/C Commitment or a replacement Tranche A Issuing Lender is appointed as provided for in Section 2.26(f) then, on the third Business Day prior to the Revolving Initial Termination Date, the interests and participations of the Non-Extending Revolving Funding Parties in the Tranche A Letters of Credit outstanding as at the third Business Day prior to the Revolving Initial Termination Date shall automatically terminate and (i) from and after the third Business Day prior to the Revolving Initial Termination Date, the Non-Extending Revolving Funding Parties shall have no liability arising from, relating to, in connection with or otherwise in respect of, such interests and participations or any Tranche A Letters of Credit (other than with respect to amounts required to be paid to the Tranche A Issuing Lender pursuant to Section 3.4(a) where a notice has been delivered by the Tranche A Issuing Lender on or prior to the third Business Day prior to the Revolving Initial Termination Date), and (ii) such interests and participations in outstanding Tranche A Letters of Credit shall thereupon automatically and without further action be re-allocated to the extent necessary such that the interests and participations in such Tranche A Letters of Credit shall be held by the Revolving Extending Funding Parties ratably in proportion to their respective pro rata shares (determined after giving effect to the termination of the interests and participations of the Non-Extending Revolving Funding Parties on the third Business Day prior to the Revolving Initial Termination Date, with all such terminations of interests and participations being treated as reductions in Revolving Commitments solely for the purposes of this calculation).”

Termination and Re employment a) When an employee without vacation eligibility is terminated, he will be entitled to the statutory requirements as set forth in the applicable legislation. If the employee is subsequently re-employed, he will become entitled to a vacation whenever his Company Service Credit meets the eligibility requirements of the Plan. However, his vacation pay shall be reduced by the amount(s) previously received due to statutory requirements, if the vacation is scheduled within 12 months following the re-employment. b) When an employee who has attained vacation eligibility is terminated, he is entitled to any Current Year Vacation that has not been taken, plus any applicable statutory requirement. If he is later re-employed with Company Service Credit for prior service, no vacation pay be granted until he has accumulated six (6) additional months of Company Service Credit, at which time he will again become entitled to a full Current Year Vacation. These six (6) months may be accumulated during intermittent periods of employment. However, his vacation pay shall be reduced by the amount(s) previously received due to statutory requirements, if the vacation is scheduled within 12 months following re-employment. Such entitlement to a full Current Year Vacation will not become effective until the following calendar year, if it would otherwise result in duplication of Current Year Vacation.