Specified Employment Assets definition

Specified Employment Assets means the employee contracts and assets related to the employees, and services provided thereby, of the Canadian Securitization Entities.
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Specified Employment Assets means the employee contracts and assets related to the employees, and services provided thereby, of the Canadian Securitization Entities. “Spire Supply Securitization Account” means the account established by Driven Product Sourcing LLC for the benefit of Driven Product Sourcing LLC and maintained at Xxxxx Fargo Bank, N.A. “Sponsor” means Xxxxx Capital Partners III LP. “SPV Franchising Entities” means, collectively, (a) Franchisor Holdco, 1-800-Radiator Franchisor, Meineke Franchisor, Maaco Franchisor, Econo Lube Franchisor, Drive N Style Franchisor, Merlin Franchisor, CARSTAR Franchisor, Take 5 Franchisor, ABRA Franchisor and FUSA Franchisor (the “U.S. SPV Franchising Entities”) and (b) Canadian CARSTAR, Canadian Maaco Franchisor, Canadian Meineke Franchisor, Canadian Take 5, Go! Glass Franchisor, Star Auto Glass Franchisor (the “Canadian SPV Franchising Entity LPs”), together with their respective Canadian Securitization Entity GPs and the Canadian Co-Issuer, in its capacity as franchisor for the Docteur du Pare-Brise Brand, Uniglass Brand, VitroPlus Brand and certain of the other Uniban Brands (collectively, the “Canadian SPV Franchising Entities”). “SPV Product Sales Holder” means Driven Product Sourcing LLC, a special purpose Delaware limited liability company and a direct, wholly owned subsidiary of the Issuer. “STA” means the Securities Transfer Act or similar legislation (including, without limitation, the Civil Code of Québec) of any Canadian jurisdictions the laws of which are required by such legislation to be applied in connection with Lien on any “security”, “financial asset”, “security entitlement”, “certificated security” and “uncertificated security”, and includes all regulations from time to time made under such legislation. “Subclass” means, with respect to any Class of any Series of Notes, any one of the subclasses of Notes of such Class as specified in the applicable Series Supplement.
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Related to Specified Employment Assets

  • Specified Employee means a key employee (as defined in Section 416(i) of the Code without regard to paragraph 5 thereof) of the Company if any stock of the Company is publicly traded on an established securities market or otherwise.

  • Qualified employment position means a permanent full-time

  • Specified Employees has the meaning set forth in Section 8.6.

  • Qualified employer means the federal government.

  • Qualified employee means an individual who:

  • Classified employee means an employee in the classified service, or an employee currently on leave from the classified service in accordance with established Merit Rules governing leave.

  • Separation from Service means a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder.

  • Service disabled veteran business means a business that is at least 51 percent owned by one or more service disabled veterans or, in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest in the corporation, partnership, or limited liability company or other entity is owned by one or more individuals who are service disabled veterans and both the management and daily business operations are controlled by one or more individuals who are service disabled veterans.

  • Service-disabled veteran-owned business means a service-disabled veteran-owned business located in the State of Tennessee that satisfies the criteria in Tenn. Code. Ann. § 12-3-1102(8). "Service-disabled veteran" means any person who served honorably in active duty in the armed forces of the United States with at least a twenty percent (20%) disability that is service-connected, i.e., the disability was incurred or aggravated in the line of duty in the active military, naval or air service.

  • Service-disabled veteran means a veteran, as defined in 38 U.S.C. 101(2), with a disability that is service-connected, as defined in 38 U.S.C. 101(16).

  • Severance from Service Date means the earlier of:

  • Qualified individual with a disability means an individual with a disability who satisfies the requisite skill, experience, education and other job-related requirements of the employment position such individual holds or desires, and who, with or without reasonable accommodation, can perform the essential functions of such position.

  • Qualifying Termination of Employment means a Participant’s Termination of Employment (i) by the Company without Cause or (ii) by the Participant with or without Good Reason or by reason of Retirement.

  • Nonqualifying Termination means a termination of the Executive’s employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive’s death or (4) by the Company due to the Executive’s absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive’s incapacity due to physical or mental illness.

  • Covered employment means employment in a covered position.

  • Separates from Service or “Separation from Service” means the Participant’s termination of service as a non‑employee director and as an employee of UGI for any reason other than death and shall be determined in accordance with section 409A of the Code.

  • Termination of Employment means that the Executive ceases to be employed by the Company for any reason, voluntary or involuntary, other than by reason of a leave of absence approved by the Company.

  • Section 409A Change in Control means a change in the ownership or effective control of the Company, or in the ownership of a substantial portion of the Company’s assets, as provided in Section 409A(a)(2)(A)(v) of the Code and Treasury Regulations Section 1.409A-3(i)(5) (without regard to any alternative definition thereunder).

  • Total Disability means a “permanent and total disability” within the meaning of Section 22(e)(3) of the Code and such other disabilities, infirmities, afflictions or conditions as the Committee by rule may include.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

  • Disability/Disabled means because of Injury or Sickness you are unable to perform the material duties of your Regular Occupation, or are receiving disability benefits under the Employer's plan, during the initial 9 months of Disability. Thereafter, you must be unable to perform all of the material duties of any occupation which you may reasonably become qualified based on education, training or experience, or are subject to the terms of a Rehabilitation Plan approved by the Insurance Company.

  • Disability retirement for plan 1 members, means the period

  • Change in Control Benefits means the following benefits:

  • Active Employment means you must be actively at work for the Sponsor:

  • Severance from Employment means severance from employment with the Employer and any Related Entity. However, a Severance from Employment also occurs on any date on which an Employee ceases to be an employee of a public school, even though the Employee may continue to be employed by a Related Employer that is another unit of the State or local government that is not a public school or in a capacity that is not employment with a public school (e.g., ceasing to be an employee performing services for a public school but continuing to work for the same State or local government employer).

  • Seasonal employment means the employment of 1 or more individuals primarily hired to perform services during regularly recurring periods of 26 weeks or less in any 52-week period other than services in the construction industry.