Required Number of Jobs definition

Required Number of Jobs means 262 Jobs on September 30, 2019 and September 30, 2020; and 322 Jobs on September 30, 2021, and each Test Date thereafter.
Required Number of Jobs means 100 Jobs.
Required Number of Jobs means 114 pre-existing Jobs and 40 newly-created Jobs, for a total of 154 Jobs.

Examples of Required Number of Jobs in a sentence

  • The Company further covenants that the Required Number of Jobs shall have not less than the Average Wage and the Average Benefits for so long as this Agreement is in effect.

  • The Company further covenants that the Required Number of Jobs shall have not less than the Average Wage for so long as this Agreement is in effect.

  • The Jobs Deficiency Percentage shall be calculated, beginning at zero percent (0%) for compliance, in accordance with the following formula, with the result expressed as a percentage: Jobs Deficiency Percentage = (1 – (a / b)) x 100, where a = Highest number of Jobs during the 90 day period ending on Test Date, and b = Required Number of Jobs for the Test Date.

  • Should the number of Jobs fall below the Required Number of Jobs at the Average Wage and the Average Benefits for two straight years, the Company will pay the Penalty Payment for the applicable test years, and tax abatement under this Agreement will be terminated upon a notice of default from the City to the Company as provided in Article VI hereof.

  • The Jobs Deficiency Percentage shall be calculated, beginning at zero percent (0%) for compliance, in accordance with the following formula, with the result expressed as a percentage: Jobs Deficiency Percentage = (1 – (a / b)) x 100, where b = Required Number of Jobs for the Test Date.

  • The Company also covenants to operate the Project as a commercial facility and to maintain the Required Number of Jobs at the Project Site for so long as this Agreement is in effect.


More Definitions of Required Number of Jobs

Required Number of Jobs means 175 Jobs, including 130 existing Jobs and 45 new Jobs that the Company commits to providing at the Project Site as part of this Agreement. The Company commits to creating at least 45 new Jobs at the Project by September 30, 2019 and maintaining a total of 175 Jobs at the Project thereafter for the term of this Agreement.
Required Number of Jobs means, for any calendar year during the Agreement Term, the minimum number of Existing Full-time Jobs and New Full-time Jobs the Company is required to either create or maintain during that calendar year as stated in Section 5.1.2(a).

Related to Required Number of Jobs

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  • Applicable Conversion Rate means the Conversion Rate in effect at any given time.

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  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

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  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.

  • Base Level means the following amounts plus the percentage

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