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Year 2020 Sample Clauses

Year 2020. The monthly salaries of salaried employees (including fringe benefits, but excluding shift work bonuses and Sunday work bonuses) shall be increased by 1.3 per cent with a general pay increase on 1 May 2020 or from the beginning of the next commencing pay period after this date.
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Year 2020. Salaries are increased on 01/02/2020 or rather from the beginning of the following pay period with a general increase, which amount will be determined by 31/12/2019 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 31/12/2019 and implemented/implementable during the period 01/11/2019 - 31/10/2020, 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. The increase shall be made proportional for the period 1/2/2020 - 30/4/2021 (15 months). If the negotiating result for an individual sector is missing for the period on 31/12/2019 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 01/02/2020. If, by 31/12/2019, 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’ reimbursem...
Year 2020. The monthly salaries of senior salaried employees (including fringe benefits, but excluding shift work bonuses and Sunday work bonuses) shall be increased by
Year 2020. At the ordinary shareholders’ meeting held on April 23, 2020, the shareholders approved the appropriation of dividend from operating results of 2019 of Baht 0.45 per share, 149.91 million shares, amounting to Baht 67.27 million. The dividend will be proposed to pay to shareholders on May 18, 2020. Year 2019 At The ordinary shareholders’ meeting held on April 23, 2019, the shareholders approved the appropriation of dividend from operating results of 2018 of Baht 0.48 per share, 149.91 million shares, amounting to Baht 71.76 million. The dividend will be proposed to pay to shareholders on May 17, 2019.
Year 2020 

Related to Year 2020

  • 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.

  • Year 2000 Compliance Each Party warrants that it has implemented a program the goal of which is to ensure that all software, hardware and related materials (collectively called “Systems”) delivered, connected with BellSouth or supplied in the furtherance of the terms and conditions specified in this Agreement: (i) will record, store, process and display calendar dates falling on or after January 1, 2000, in the same manner, and with the same functionality as such software records, stores, processes and calendar dates falling on or before December 31, 1999; and (ii) shall include without limitation date data century recognition, calculations that accommodate same century and multicentury formulas and date values, and date data interface values that reflect the century.

  • Year 2000 Compliant The Administrator warrants that all software code owned or under control by it, used in the performance of its obligations hereunder will be Year 2000 Compliant. For purposes of this paragraph, "Year 2000 Compliant" means that the software will continue to operate beyond December 31, 1999 without creating any logical or mathematical inconsistencies concerning any date after December 31, 1999 and without decreasing the functionality of the system applicable to dates prior to January 1, 2000 including, but not limited to, making changes to (a) date and data century recognition; (b) calculations which accommodate same- and multi- century formulas and date values; and (c) input/output of date values which reflect century dates. All changes described in this paragraph will be made at no additional cost to the Fund.

  • Year 2000 Matters Any reprogramming required to permit the proper functioning (but only to the extent that such proper functioning would otherwise be impaired by the occurrence of the year 2000) in and following the year 2000 of computer systems and other equipment containing embedded microchips, in either case owned or operated by the Borrower or any of its Subsidiaries or used or relied upon in the conduct of their business (including any such systems and other equipment supplied by others or with which the computer systems of the Borrower or any of its Subsidiaries interface), and the testing of all such systems and other equipment as so reprogrammed, will be completed by March 31, 1999. The costs to the Borrower and its Subsidiaries that have not been incurred as of the date hereof for such reprogramming and testing and for the other reasonably foreseeable consequences to them of any improper functioning of other computer systems and equipment containing embedded microchips due to the occurrence of the year 2000 could not reasonably be expected to result in a Default or Event of Default or to have a Material Adverse Effect. Except for any reprogramming referred to above, the computer systems of the Borrower and its Subsidiaries are and, with ordinary course upgrading and maintenance, will continue for the term of this Agreement to be, sufficient for the conduct of their business as currently conducted.

  • 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.

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

  • Annual Operating Budget and Financial Projections Within sixty (60) days after the end of each fiscal year of Borrower Representative (and promptly and within five (5) days of any material modification thereto), an annual operating budgets, on a consolidating basis (including income statements, balance sheets and cash flow statements, by month) for the upcoming fiscal year of Borrower Representative, as approved by Borrower Representative’s Board, together with any related business forecasts used in the preparation of such annual financial projections.

  • Minimum Revenue Borrower and its Subsidiaries shall have Revenue from sales, marketing or distribution of the Product and related services (for each respective measured period, the “Minimum Required Revenue”): (a) during the twenty-four month period beginning on January 1, 2015, of at least $45,000,000; (b) during the twenty-four month period beginning on January 1, 2016, of at least $80,000,000; (c) during the twenty-four month period beginning on January 1, 2017, of at least $110,000,000; and (d) during the twenty-four month period beginning on January 1, 2018, of at least $120,000,000; and (e) during the twenty-four month period beginning on January 1, 2019, of at least $120,000,000.

  • 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.

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