Consenting Employees definition

Consenting Employees means those of the Ex-Authority Employees who join the Contractor's Scheme on the Relevant Transfer Date and who consent in writing to payment of the Transfer Payment to the Contractor's Scheme and who do not withdraw that request before the Transfer Value Payment Date. For the avoidance of doubt an Ex-Authority Employee shall cease to be a Consenting Employee if he dies or withdraws his consent before the Transfer Value Payment Date;
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Consenting Employees means those of the Employees who join the Supplier's Scheme from the Transfer Date and who consent in writing to payment of the Transfer Value in respect of their benefits to the Supplier’s Scheme within the period specified in Clause 3.1.2 of Part D of Schedule 7 and who do not withdraw that request before the expiry of the period specified in Clause 3.1.2 of Part D of Schedule 7;
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Consenting Employees means those of the Authority Employees who join the Contractor's Scheme or Initial Sub-Contractor’s Scheme
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Examples of Consenting Employees in a sentence

  • Sellers shall, nonetheless, use their reasonable best efforts to ensure that the U.K. Pension Scheme transfers to the U.K. Buyers' Plan on the Payment Date the funds and assets of the U.K. Pension Scheme that represent any such contributions or money purchase benefits of Consenting Employees.

  • On the issue of priority of payments, the Court held the following: • In relation to the Consenting Employees, “adoption” of the employees’ contracts of employment (as varied) will occur at the point at which the administrators make an application under the CJRS or make any payment to the employees under the varied contract.

  • The effect of “adoption” is that the employees will have super- priority ahead of the administrators’ fees and expenses, floating charge creditors and unsecured creditors, and so payments will be able to be made to them using the grant monies when received under the CJRS;• The Non-Responding Employees would be put in essentially the same position as the Consenting Employees if the terms of the variation letter were later accepted.

  • The CFMA applies different levels of regulatory oversight to markets based primarily on the nature of the underlying commodity being traded and the participants who are trading.


More Definitions of Consenting Employees

Consenting Employees means those of the Employees who join the Supplier's Scheme from the Transfer Date and who consent in writing to payment of the Transfer Value in respect of their benefits to the Supplier’s Scheme within the period specified in Clause Error! Reference source not found. of Part D of Error! Reference source not found. and who do not withdraw that request before the expiry of the period specified in Clause Error! Reference source not found. of Part D of Error! Reference source not found.;
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Related to Consenting Employees

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Returning Employees means those persons listed in a schedule to be agreed by the Parties prior to the end of the Contract Period who it is agreed were employed by the Contractor (and/or any Sub-Contractor) wholly or mainly in the supply of the Services immediately before the end of the Contract Period.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Managing Employee means a general manager, business manager, administrator, director, or other individual who exercises operational or managerial control over, or who directly or indirectly conducts the day-to-day operation of an institution, organization, agency or business entity;

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Excluded Employees has the meaning set forth in Section 14.1.

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Hired Employees shall have the meaning set forth in Section 7.5(a).

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Owner-Employee means a Self-Employed Individual who is a partner and owns more than 10% of either the capital or profits interest of the partnership.

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • Continuing care retirement community means a residential

  • Key Employees means Xxxxx Xxxxxxx and Xxxxxxx Xxxxxxx.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.