Automobile Benefits definition

Automobile Benefits shall include a $500 per month allowance to defray automobile expenses and costs.
Automobile Benefits shall include a $1,000 per month allowance to defray automobile expenses and costs.
Automobile Benefits shall have the meaning set forth in Section 5.2.3.6 for the number of years specified in Sections 5.2.3.6, 5.3.3.1.7, 5.3.4.2.7 and 5.5.3.6, respectively.

Examples of Automobile Benefits in a sentence

  • During such 30-day period, the Bank shall not allow the Employee’s participation in any Employee Benefits to lapse and shall continue to provide the Employee with the Automobile Benefits described in subsection 4(b), reimbursement of professional and club dues and the cost of continuing education or professional development.

  • During such 30-day period, the Bank shall not allow the Employee’s participation in any Employee Benefits to lapse and shall continue to provide the Employee with the Automobile Benefits described in subsection 4(d), reimbursement or payment of professional and club dues, and the cost of the Employee’s continuing legal education requirements as described in subsection 4(c).

  • For purposes hereof, "Automobile Benefits" shall include a $500 per month allowance to defray automobile expenses and costs.

  • However, during such thirty (30) day period, the Bank shall not allow the Employee's participation in any Employee Benefits to lapse and shall continue to provide the Employee with the Automobile Benefits described in Section 4(d), reimbursement or payment of professional and club dues, and the cost of the Employee's continuing legal education requirements.

  • The automobile benefits set forth in Section 4.2 of this Agreement, and the option, exercisable by Executive at any time prior to the end of the period set forth below in this Section 5.2.3.6, to purchase the Group-provided automobile at a price equal to the greater of (a) the depreciated value as carried on the books of Group as of the date of purchase, or (b) eighty percent (80%) of the wholesale value of the automobile as of the date of purchase ("Automobile Benefits").

  • During such 30-day period, the Bank shall not allow the Employee's participation in any Employee Benefits to lapse and shall continue to provide the Employee with the Automobile Benefits described in subsection 4(d), reimbursement or payment of professional and club dues, and the cost of the Employee's continuing legal education requirements as described in subsection 4(c).

  • Moreinformation can be found in the "T4130 Employers' Guide - Taxable Benefits and Allowances" and in "GST/HST Memorandum 9.2 Automobile Benefits", available on the CRA website.

  • Should the Term be terminated by Company by reason of Employee's Material Breach, Employee shall have no right to any further Fixed Annual Compensation from and after termination, or to any Incentive Compensation, Automobile Benefits, or Additional Benefits accruing for the fiscal year of termination or thereafter.

  • Automobile Benefits for a period of three (3) years from the date of termination.

  • For more information about this election, seeGST Memorandum 400-3-2-1, Automobile Benefits, or contact any tax services office or tax centre.4.3 When are you considered to have collected GST/HST?You are considered to have collected GST / HST on a taxable benefit subject to GST / HST at the end of February in the year following the year in which you provided the benefit to the employee.


More Definitions of Automobile Benefits

Automobile Benefits during the entire term of the Benefit Period. For purposes hereof, "Automobile Benefits" shall include a $500 per month allowance to defray automobile expenses and costs.

Related to Automobile Benefits

  • Automobile means any self-propelled land motor vehicle, trailer or semi-trailer (including machinery, apparatus, or equipment attached thereto) which is principally designed and is being used for transportation of persons or property on public roads.

  • CAR means a chimeric antigen receptor.

  • Automobile graveyard means any establishment or place of business which is maintained, used or operated for storing, keeping, buying or selling wrecked, scrapped, ruined or dismantled motor vehicles or motor vehicle parts.

  • Automobile Related Injury means bodily Injury sustained by a [Member] as a result of an accident:

  • Allowance means compensation payable to an employee in addition to his regular remuneration payable for the performance of the duties of his position;

  • Fringe benefits means the amount of:

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Automobile service station means a building or structure or part thereof open to the public where motor vehicles are washed, serviced, repaired, fueled, leased, sold or displayed and may include, but are not limited to a gas bar, car wash, body shop or general or specialty repair shops;

  • Guaranteed automobile protection insurance means insurance offered in

  • Benefits as defined in Section 3.1(b).

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • general insurance business means any class of insurance business other than long-term insurance business;

  • Health insurance issuer means an insurance company, or insurance organization (including a health

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Accident and health insurance means contracts that incorporate morbidity risk and provide protection against economic loss resulting from accident, sickness, or medical conditions and as may be specified in the valuation manual.

  • Gap medical benefits means the benefits (if any) payable in respect of medical expenses that are less than, greater than or equal to the schedule fee, provided always that the medical expenses relate to a professional service that:

  • Extended benefits means benefits, including benefits payable to federal civilian employees and to ex-servicemen under 5 U.S.C. Chapter 85, payable to an individual under the provisions of this section for weeks of unemployment in his eligibility period.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • Dental means of or relating to the teeth and the work of a dentist.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • motor car means any motor vehicle other than a transport vehicle, omnibus, road-roller, tractor, motor cycle or invalid carriage;