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Year 2019 Sample Clauses

Year 2019. Salaries are increased on 01/02/2019 or rather from the beginning of the following pay period with a general increase, which amount will be determined by 31/12/2018 with the following calculation model. The general increase percentage shall be calculated as a mathematical average of the general increases of the following comparable sectors’ collective agreements that have been known by 31/12/2018 and implemented/implementable during the period 01/11/2018 - 31/10/2019, taking into account the durations of the general increase peri- ods:  Collective agreement for the technology industries’ employees (Metalworkers’ Un- ion and Federation of Finnish Technology Industries),  Collective agreement for basic chemical industry (Industrial Union TEAM and Chemical Industry Federation of Finland),  Collective agreement for workers in the mechanical forest industry (Woodworkers’ Union, Metalworkers’ Union, Electrical Workers’ Union and Finnish Forest Indus- tries Federation)  Collective agreement for the paper industry (Paperworkers’ Union and Finnish For- est Industries Federation) If the above trade associations merge, it shall have no effect on the previously men- tioned section. If the negotiating result for an individual sector is missing for the period on 31/12/2018 or if the general increase of an individual sector is zero or negative, it shall be excluded from the calculation when calculating the general increase on 01/02/2019. If, by 31/12/2018, any comparable sector has not reached a negotiating solution, the parties shall agree on possible changes of the review times and the implementation time and method of salary reviews. The cost impact of the comparable sectors’ general increases shall be deducted as a percentage, where such sector has, for example, agreed on structural texts/changes of its collective agreement. The exclusion of such “structural” salary increases shall be mutually agreed. The general increase percentage obtained as a result of the above calculation model shall be converted in to euros according to mathematical rounding rules by using the latest common STA value of salary statistics’ travel agency employees (in September 2015 this was 2,999€/month). Table salaries shall be increased by the amount of the general increase from the time of the general increase. The morning, evening, night and Saturday bonuses and the staff representatives’ reimbursements referred to in the col- lective agreement shall be increased with the above increase...
Sample 1
Year 2019. Unless otherwise agreed locally in cooperation with the shop xxxxxxx or senior salaried employees concerning the pay increases, the amount of increases, the implementation method and time by 15 March 2019, the monthly salaries shall be increased on 1 April 2019 or from the beginning of the next commencing pay period after this date as follows. Salaries shall be increased by 1.0 per cent with a general pay increase on 1 April 2019. As of the same date, any company-specific shift work bonuses shall be increased by the amount of the general pay increase unless they have been increased after the previous general pay increase or unless they are or have been otherwise increased. In addition, on 1 April 2019, salaries will be increased by a company-specific component of 0.6 per cent, which is calculated from the monthly salaries of senior salaried employees within the scope of the agreement. The principles of the previous period of increase shall be complied with in the distribution and communication of the component.
Sample 1
Year 2019 
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Related to Year 2019

  • Year 2000 The Borrower has made a full and complete assessment of the Year 2000 Issues and has a realistic and achievable program for remediating the Year 2000 Issues on a timely basis (the "Year 2000 Program"). Based on such assessment and on the Year 2000 Program the Borrower does not reasonably anticipate that Year 2000 Issues will have a Material Adverse Effect.

  • Year 2000 Issues Each of the Borrower and its Subsidiaries has made a full and complete assessment of the Year 2000 Issues and has a realistic and achievable program for remediating the Year 2000 Issues on a timely basis. Based on such assessment and program, the Borrower does not reasonably anticipate that Year 2000 Issues will have a Material Adverse Effect.

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Measurement Period In this Agreement, unless the contrary intention appears, a reference to:

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Budget Consulting Engineer/Architect shall advise City if, in its opinion, the amount budgeted for construction is not sufficient to adequately design and construct the improvement as requested.

  • Year 2000 Problem The Company and its Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

  • EBITDA The term “EBITDA” shall mean, with respect to any fiscal period, “Consolidated EBITDA” as defined in the Credit Agreement, provided that the following should also be excluded from the calculation of EBITDA to the extent not already excluded from the calculation of Consolidated EBITDA under the Credit Agreement: (i) Non-Cash Charges (as defined in the Credit Agreement) related to any issuances of equity securities; (ii) fees and expenses relating to the Acquisition; (iii) financing fees (both cash and non-cash) relating to the Acquisition; (iv) covenant-not-to-compete payments to certain members of the Company’s senior management and related expenses; (v) expenses (or any portion thereof) incurred outside of the ordinary course of business that are approved by the Board which the Board determines in its good faith discretion are in the best interest of the Company but which will have a disproportionately adverse impact on the Company’s short term financial performance, affecting the Company’s ability to achieve financial targets related to the vesting of the Class C Units under the Incentive Unit Subscription Agreements or the Company’s annual bonus plan; (vi) costs and expenses incurred in connection with evaluating and consummating acquisitions not contemplated by the Company’s annual plan, as such plan is approved by the Board in good faith; (vii) related party expenditures that are subject to the prior written consent of the Majority Executives pursuant to Section 2.3(a) of the Securityholders Agreement but have failed to receive such consent; (viii) advisors’ fees and expenses incurred outside the ordinary course of business related solely to Vestar’s activities that are unrelated to the Company; (ix) costs associated with any put option or call option contemplated by any Rollover Subscription Agreement or Incentive Unit Subscription Agreement; (x) costs associated with any proposed initial Public Offering or Sale of the Company (as such terms are defined in the Securityholders Agreement); (xi) expenses related to any litigation arising from the Acquisition; (x) management fees and costs related to the activities giving rise to such fees that are paid to, paid for or reimbursed to Vestar and its Affiliates; and (xii) material expenditures or incremental expenditures inconsistent with prior practice (to the extent that prior practice is relevant) required by Board (where Management Managers (as defined in the Securityholders Agreement) unanimously dissent) unless such expenditures are reasonably likely to result in any benefit (whether economic or non-economic) to the Company as determined by the Board in its good faith discretion.

  • Over-Allowance Amount The amount that is equal to the difference between (i) the amount of the Cost Proposal and (ii) the amount of the TI Allowance (less any portion thereof already disbursed by Landlord, or in the process of being disbursed by Landlord, on or before the Cost Proposal Delivery Date that is not otherwise included within the Cost Proposal) shall be referred to herein as the "Over-Allowance Amount." Tenant shall pay to Landlord (a) one-half (1/2) of such Over-Allowance Amount no later than ten (10) days after the Cost Proposal Delivery Date and (b) the other one-half (1/2) of such Over-Allowance Amount within ten (10) days after Landlord gives Tenant written notice that the construction of the Tenant Improvements is completed. The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any then remaining portion of the TI Allowance, and such disbursement shall be pursuant to the same procedure as the TI Allowance. In the event that after the Cost Proposal Delivery Date, any revisions, changes, or substitutions shall be made to the Construction Drawings or the Tenant Improvements, any additional costs which arise in connection with such revisions, changes or substitutions shall be paid by Tenant to Landlord as an addition to the Over-Allowance Amount as follows: (1) one-half (1/2) of such additional amount within five (5) days after Landlord's invoice therefor and (2) the remaining one-half (1/2) of such additional amount within five (5) days following Tenant's receipt of Landlord's written notice that the work to which the change order applies is complete. In addition, upon Landlord's determination of the actual costs incurred by or on behalf of Landlord for the TI Allowance Items, Tenant shall pay Landlord the amount, if any, by which such actual costs exceed the sum of the TI Allowance and the Over-Allowance Amount within fifteen (15) days after being billed therefor, or Landlord may, at its election, require that Tenant deposit with Landlord the full amount of such excess prior to Landlord's delivery of the Expansion Space to Tenant. No portion of the TI Allowance shall be used to pay Tenant or Tenant's agents, contractors or employees, unless and until Landlord's contractors and any other persons and entities employed by or under contract with Landlord have been paid in full.

  • Minimum EBITDA Section 9.23(c) of the Loan Agreement is hereby deleted in its entirety and replaced with the following:

Most Referenced Clauses

Most Referenced Definitions