Job Commitment definition

Job Commitment means the creation at the Project of not less than [] new, full-time equivalent jobs by the last day of the 10th year of the Investment Period.
Sample 1Sample 2Sample 3
Job Commitment has the meaning set forth in Section 20.6.1.
Sample 1Sample 2
Job Commitment means the number of jobs to be created and retained as of the Metric Evaluation Date as set forth in the Loan Summary.
Sample 1

Examples of Job Commitment in a sentence

  • This information is supported by a copy of the Company’s Job Commitment letter.

  • Employees who are flagged while on Special Assignment, Temporary Foreperson, Start-up or Job Commitment, Coordinator etc.

  • The researcher was able to describe the employeemotivation experienced by petrol attendants in the petroleum sector and answer the research question and achieve the aim of the study.

  • If Grantee fails to satisfy its Job Commitment obligations under Section 4.2 or to maintain substantial operations at the Project site during the Term pursuant to Section 4.1, Grantor may require Grantee to pay to Grantor, as liquidated damages for such breach, an amount equal to the amount of the Grant Funds disbursed to Grantee under this Agreement.

  • If, by the end of the fifth year of the Credit Period (projected to be December 31, 2019), the Company, based on the formula below, achieves an “Achievement Factor” at or above ninety percent (90%) of its Investment Commitment and Job Commitment, then the Company shall be deemed by the County to have complied with its commitments under this Agreement and the SSRC benefits shall continue unchanged under this Agreement.

  • But in summary, our recommendations are: Schedule 4 (Job Commitment Bonus): the NWRN supports this measure.

  • Individual Spirituality at Work and Its Relationship with Job Satisfaction, Propensity to Leave and Job Commitment An Exploratory Study among Sales Professionals.

  • In the event the Company fails to meet the Required Minimum Number of Existing Jobs as of any of the Job Commitment Dates set forth in the table above, then the payment for that year shall be reduced in an amount proportionate to the Performance Percentage shortfall.

  • As at 31 March 2016, there had been 3138 claims for the first job commitment bonus of $2500.5 This measure proposes to discontinue the Job Commitment Bonus from 31 December 2016.

  • Step A: 50% * (Investment Achieved / Investment Commitment) + 50% * (Jobs Achieved / Job Commitment) = Achievement Percentage Step B: SSRC Percentage (which is 30%) * Achievement Percentage = Adjusted SSRC Percentage Note: The formula above shall take into account any investment and jobs exceeding the Investment Commitment or Job Commitment, respectively.

Related to Job Commitment

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.