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. Type Special payments: Amount
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
The Employer will utilise XXXX to meet all of the liabilities for Redundancy payments and further to ensure that an amount equal to the credit balance of the Employee's account in the Employee's Redundancy fund is paid to the Employee when the Employee is entitled to that payment pursuant to the terms of the Employee's Redundancy fund.
Redundancy payments are charged to the relevant service line in the Comprehensive Income and Expenditure Statement.
Redundancy payments apply to teaching and support staff who have at least two years continuous service at the date of termination.
Redundancy payments under regulation 5 of the Local Government (Early Termination of Employment) (Discretionary Compensation) (England & Wales) Regulations 2006 provide discretion to pay up to an overall lump sum of 2 times the statutory redundancy payment formula based on actual weeks’ pay, capped at 52 weeks’ pay (may be adjusted following consultation).
Superannuation and Redundancy payments shall be paid on a pro-rata basis.
More Definitions of Redundancy payments
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 shall have the meaning set forth in Clause 9.5 hereof.
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:
Redundancy payments means the expenditures incurred for financing the cost of providing compensation benefits and other services to assist retrenched employees in accordance with the personnel redundancy plan; and
Redundancy payments means redundancy payments and other termination payments which are required under Law to be made to employees of the Private Party reasonably and properly incurred by the Private Party arising as a direct result of terminating this Agreement (provided that the Private Party 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 Private Party arising out of: contracts of employment or other agreements or arrangements entered into by the Private Party 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 the Private Party 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 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 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: