Ineligible Employee definition

Ineligible Employee means an Employee who, as of an Offering Commencement Date:
Ineligible Employee means any Full-Time Equivalent Employees which exceed in the aggregate ten percent (10%) of the total Annual Period Eligible Employees for such Annual Period. Land shall mean that certain lot, piece or parcel of land generally known by the street address 000 Xxxx Xxxxxxx Xxxxxxx, X/K/A 000 Xxxx Xxxxx Xxxx xx Xxxxxxxxxxx, Xxx Xxxx, all as more particularly described in Exhibit A - “Description of the Land” hereto, which is made a part hereof, together with all easements, rights and interests now or hereafter appurtenant or beneficial thereto; but excluding, however, any real property or interest therein released pursuant to Section 6.4 hereof. Lessee shall mean RBNB, LLC, a limited liability company organized and existing under the laws of the State of New York, and its permitted successors and assigns pursuant to Sections 6.1 or 9.3 hereof. Lessee’s Property shall have the meaning specified in Section 4.1(c) hereof. Maximum Sales Tax Savings Amount shall mean the aggregate maximum dollar amount of Sales Tax Savings that the Lessee and all Agents acting on behalf the Lessee are permitted to receive under this Agreement, which shall equal $21,563. Mortgage shall have the meaning ascribed to such term in the Recitals. Mortgagee shall have the same meaning ascribed to such term in the Recitals. Net Proceeds shall mean, when used with respect to any insurance proceeds or condemnation award, compensation or damages, the gross amount of any such proceeds, award, compensation or damages less all expenses (including reasonable attorneys’ fees and any ordinary and reasonable expenses of the Agency) incurred in the collection thereof. Non-Relocation Reduction shall mean any Base Employment Reduction in an Annual Period for any reason other than a Relocation Reduction. Note shall have the meaning ascribed to such term in the Recitals. NYSDTF shall mean the New York State Department of Taxation and Finance. Opinion of Counsel shall mean a written opinion of counsel for the Lessee who shall be reasonably acceptable to the Agency. Permitted Encumbrances shall mean:
Ineligible Employee means an Employee who is not eligible to participate in this Plan.

Examples of Ineligible Employee in a sentence

  • Class 1: Class 2: Ineligible Employee Class: This class of employees is not eligible for coverage on this group plan.

  • Class 1: Class 2: Class 3: Class 4: Ineligible Employee Class: This class of employees is not eligible for coverage on this group plan (e.g. Union employees).

  • A previously Active Participant who either (i) is still working for an Employer (or a Related Company which is not an Employer) and has not incurred a Break in Service, but who is an Ineligible Employee, or (ii) has incurred a termination of employment and has neither incurred a Break in Service nor been reemployed.

  • Ineligible Employee classifications are listed on the E-class Eligibility Report maintained by the Division of Human Resources, as such report may be changed from time to time.

  • If an Ineligible Employee becomes eligible to participate by reason of a change to Eligible Employment, the Employee may participate in the Plan immediately if he or she has satisfied the requirements of Section 2.1 and would have been a Participant had he or she been in Eligible Employment during his or her period of Service with the Employer.


More Definitions of Ineligible Employee

Ineligible Employee means an Employee who is not eligible to participate in this Plan because the Employee (a) is a Leased Employee, (b) is employed by an Affiliated Company that is not a Participating Employer, or (c) is or becomes included in a legally recognized collective bargaining unit of employees, unless the applicable collective bargaining agreement between representatives of such unit and the Participating Employer specifically provides for participation in this Plan, and if there is evidence that retirement benefits were the subject of good faith bargaining between those employee representatives and the Participating Employer.
Ineligible Employee means an Employee who is ineligible for membership in the Plan because:
Ineligible Employee means an Employee who is not eligible to participate in this Plan because the Employee is no longer a member of the collective bargaining unit under which the Plan is maintained.
Ineligible Employee means, regardless of whether he or she would qualify as an Eligible Employee, any employee who is:
Ineligible Employee means any Full-Time Equivalent Employees which exceed in the aggregate ten percent (10%) of the total Annual Period Eligible Employees for such Annual Period. Lessee shall mean 000 Xxxxx Xxxx., LLC, a limited liability company organized and existing under the laws of the State of New York, and its permitted successors and assigns pursuant to Sections Lessee’s Property shall have the meaning specified in Section 4.1(c) hereof. Liens shall have the meaning specified in Section 6.5(a) hereof. Loan shall have the meaning ascribed to such term in the Recitals. Net Proceeds shall mean, when used with respect to any insurance proceeds or condemnation award, compensation or damages, the gross amount of any such proceeds, award, compensation or damages less all expenses (including reasonable attorneys’ fees and any ordinary and reasonable expenses of the Agency) incurred in the collection thereof. Non-Relocation Reduction shall mean any Base Employment Reduction in an Annual Period for any reason other than a Relocation Reduction. Note shall have the meaning ascribed to such term in the Recitals. Opinion of Counsel shall mean a written opinion of counsel for the Lessee who shall be reasonably acceptable to the Agency. Permitted Encumbrances shall mean:
Ineligible Employee means any Full-Time Equivalent Employees which exceed in the aggregate ten percent (10%) of the total Annual Period Eligible Employees for such Annual Period. Land shall mean that certain lot, piece or parcel of land generally known by the street address 00 Xxxxxxx Xxxxxx, Xxxxxxxxxxx, Xxx Xxxx, all as more particularly described in Exhibit A - “Description of the Land” hereto, which is made a part hereof, together with all easements, rights and interests now or hereafter appurtenant or beneficial thereto; but excluding, however, any real property or interest therein released pursuant to Section 6.4 hereof. Lessee shall mean Xxxxxxxxx XX Realty, LLC, and its permitted successors and assigns pursuant to Sections 6.1 or 9.3 hereof. Lessee’s Property shall have the meaning specified in Section 4.1(c) hereof. Liens shall have the meaning specified in Section 6.5(a) hereof. Loss Event shall have the meaning specified in Section 5.1(a) hereof. Net Proceeds shall mean, when used with respect to any insurance proceeds or condemnation award, compensation or damages, the gross amount of any such proceeds, award, compensation or damages less all expenses (including reasonable attorneys’ fees and any ordinary and reasonable expenses of the Agency, or the Bank Mortgagee) incurred in the collection thereof. Non-Relocation Reduction shall mean any Base Employment Reduction in an Annual Period for any reason other than a Relocation Reduction. Opinion of Counsel shall mean a written opinion of counsel for the Lessee who shall be reasonably acceptable to the Agency.
Ineligible Employee means any Full-Time Equivalent Employees which exceed in the aggregate ten percent (10%) of the total Annual Period Eligible Employees for such Annual Period. Information Recipients shall have the meaning ascribed to such term in Section 6.15 hereof. Legal Requirements shall have the meaning ascribed to such term in Section 4.7 hereof. Lessee shall mean J.C.A. Liberty Realty Corp., a corporation organized and existing under the laws of the State of New York, and its permitted successors and assigns pursuant to Sections 6.1 or 9.3 hereof. Lessee’s Property shall have the meaning specified in Section 4.1(c) hereof. Liens shall have the meaning specified in Section 6.5(a) hereof. Loss Event shall have the meaning specified in Section 5.1(a) hereof. Maximum Sales Tax Savings Amount shall mean the aggregate maximum dollar amount of Sales Tax Savings that the Lessee and all Agents acting on behalf the Lessee are permitted to receive under this Agreement, which shall equal $86,250. Net Proceeds shall mean, when used with respect to any insurance proceeds or condemnation award, compensation or damages, the gross amount of any such proceeds, award, compensation or damages less all expenses (including reasonable attorneys’ fees and any ordinary and reasonable expenses of the Agency) incurred in the collection thereof. Non-Relocation Reduction shall mean any Base Employment Reduction in an Annual Period for any reason other than a Relocation Reduction. NYSDTF shall mean the New York State Department of Taxation and Finance. Opinion of Counsel shall mean a written opinion of counsel for the Lessee who shall be reasonably acceptable to the Agency. Permitted Encumbrances shall mean: