Redundancy payments. All redundancy payments outside contractual terms require permission from the Department and Cabinet Office in all cases. Special payments:

Redundancy payments. All redundancy payments outside contractual terms, require DCMS and Cabinet Office permission in all cases. Special payments:

Redundancy payments means redundancy payments and other termination payments which are required under Law to be made to employees of Project Co reasonably and properly incurred by Project Co arising as a direct result of terminating this Agreement (provided that Project Co shall use all reasonable endeavours to mitigate its loss) and provided that in calculating such amount no account should be taken of any liabilities and obligations of Project Co arising out of: contracts of employment or other agreements or arrangements entered into by Project Co to the extent that such contracts of employment agreements or arrangements were not entered into in connection with the Project; and/or contracts of employment or other agreements or arrangements entered into by Project Co to the extent that such contracts of employment agreements or arrangements were not entered into in the ordinary course of business and on commercial arm's length terms;

Examples of Redundancy payments in a sentence

Redundancy payments are charged to the relevant service line in the Comprehensive Income and Expenditure Statement.
Redundancy payments are calculated in accordance with the statutory scheme based on actual contractual weekly pay.
Redundancy payments are based on the number of weeks’ pay staff are entitled to in accordance with statute, with reference to their age and length of service, using an actual week’s pay.
Redundancy payments apply to teaching and support staff who have at least two years continuous service at the date of termination.
Redundancy payments are based on the statutory matrix and Spelthorne multiplier to a maximum of 60 weeks’ pay.

More Definitions of Redundancy payments

Redundancy payments. Approval is not required for redundancy payments, however, DCMS should be notified of all redundancy payments outside contractual terms. In addition, the following three criteria must be taken into consideration for voluntary and compulsory exits: ● Cost of exit -exits with lower costs should be preferred over those with more significant expenditure ● Value for money is the paid exit the most cost effective way of resolving the issue? ● Retention of key skills- does the individual have skills / knowledge that the business will need over the coming months or years?

Redundancy payments means redundancy payments and other termination payments which are required under Law or Legal Requirement or by custom and practice to be made to employees of the PPP Co reasonably and properly incurred by the PPP Co arising as a direct result of terminating this Agreement (provided that the PPP Co shall use all reasonable endeavours to mitigate its Loss) and provided that in calculating such amount no account should be taken of any liabilities and obligations of the PPP Co arising out of:

Redundancy payments means statutory redundancy pay and any payments made under contractual redundancy terms, including redundancy terms in a pension scheme;

Redundancy payments means redundancy payments and other termination payments which are required under Law to be made to employees of Sub-hubco reasonably and properly incurred by Sub-hubco arising as a direct result of terminating this Agreement (provided that Sub-hubco shall use all reasonable endeavours to mitigate its loss) and provided that in calculating such amount no account should be taken of any liabilities and obligations of Sub-hubco arising out of: contracts of employment or other agreements or arrangements entered into by Sub-hubco to the extent that such contracts of employment agreements or arrangements were not entered into in connection with the Project; and/or contracts of employment or other agreements or arrangements entered into by Sub-hubco to the extent that such contracts of employment agreements or arrangements were not entered into in the ordinary course of business and on commercial arm's length terms;

Redundancy payments. All red undancy payments outside contractual terms, require DCMS and Cabinet Office permission in all cases. Type Special payments description Description

Redundancy payments means redundancy payments and other termination payments which are required under Law to be made to employees of DBFM Co reasonably and properly incurred by DBFM Co arising as a direct result of terminating this Agreement (provided that DBFM Co shall use all reasonable endeavours to mitigate its loss) and provided that in calculating such amount no account should be taken of any liabilities and obligations of DBFM Co arising out of: