Related to Outstanding Vacation Pay

Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.
Scheduled Funded Debt Payments means, as of any date of determination for the Borrower and its Subsidiaries, the sum of all scheduled payments of principal on Funded Debt for the applicable period ending on the date of determination (including the principal component of payments due on Capital Leases during the applicable period ending on the date of determination).
Vacation Year means the twelve (12) month period commencing on the first day of April in each calendar year and concluding on the last day of March of the following calendar year.
Benefit Amount shall have the meaning set forth in Section 20.12 hereof.
Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

Filter & Search