Example two definition
Example two. For COLA Payment Year 1, the agreement year is 1 April 2022 to 31 March 2023. The wage increase under the Agreement is 4% on 1 April 2022. In April 2023, the ABS releases the CPI figure for March 2023 as 7.5%. The COLA Payment is calculated as the difference between 4% and 7.5%, i.e. 3.5%. However, because the COLA Payment is capped at 3%, the COLA percentage is 3%.
Example two. In this second example below, the municipality is “held harmless” that is in whole or in part due to the second party’s actions. This holds the second party responsible for acts that either cause or contribute to claims against the municipality.
Example two. If a Mortgage with an LTV ratio exceeding 80 percent lacked the required credit enhancement (mortgage insurance, recourse or as a participation) on the date the Mortgage was sold to ▇▇▇▇▇▇▇ Mac, the Mortgage would not be a Covered Mortgage.
Examples of Example two in a sentence
Example two – an eligible employee is employed for 12 months under this Agreement during a relevant agreement year and in those 12 months, works for 6 months, takes 3 months leave at half pay and takes 3 months leave without pay, under this Agreement.
More Definitions of Example two
Example two. A unit member earns 70 semester units from a regionally accredited institution. The unit member moves into Level one and receive the monthly equivalent of two hundred-fifty ($250) dollars per year. The unit member goes onto earn an additional 50 semester units from a regionally accredited institution and is awarded a bachelor's degree. The unit member moves on to Level two and receives the monthly equivalent of seven hundred ($700) dollars per year.