Specified Reason definition

Specified Reason means Retirement, Total and Permanent Disablement, Redundancy or death;
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Specified Reason means termination of the Employment by reason of Xx XxXxxx’x resignation or by the Company for a reason specified in clause 15.4 for any other reason entitling the Company to terminate the Employment summarily.
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Specified Reason means Methodist is in an material breach of the License Agreement that would allow the Company to terminate the License Agreement in accordance with its terms and the Company is not in material breach of the License Agreement, unless before the end of the thirty (30) day period following written notice from the Company to Methodist of such material breach (the “Outside Date”), Methodist has cured the breach and so notifies the Company, stating the manner of the cure.
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Examples of Specified Reason in a sentence

  • For example, a tightening on the limitations of the use of s263 No Specified Reason notices and a lengthening of notice periods (e.g. to 180 days) would not apply in the first 12 months for each tenant (reset on any tenant change).

  • The 120 Day (or 365 Day Notice for site tenants) Notice to Vacate for No Specified Reason is an essential management tool for dealing with antisocial behaviour within the caravan park that does not meet the standard required for immediate eviction.

  • If an Eligible Person ceases to be an Eligible Person after the earliest date for exercise of their options because of a Specified Reason such as Eligible Person is entitled to exercise any such option at any time prior to its expiry date.

  • In particular, the Anderson Performance Rights will automatically vest on a Change of Control Event occurring, or where Dr Anderson ceases to be an Eligible Person for a Specified Reason.

  • Example: Dalhousie University, Nova Scotia   Using the guidelines below, provide details regarding your residency and educational activities in each year since you graduated from high school up to October 15.

  • Unless otherwise provided by the Committee, if a Participant ceases to provide Services to the Company or any Affiliate for a reason other than a Specified Reason, the Participant may exercise his or her Option within such period of time as is specified in the Award Agreement to the extent that the Option is vested on the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement).

  • If an Eligible Person ceases to be an Eligible Person due to termination of employment (including as a director) for Cause or for any reason other than a Specified Reason, all Performance Rights held by such Eligible Person, or if applicable, by their Permitted Nominee, will immediately and automatically lapse.

  • If the Merger is not consummated for any reason (other than as a result of the Board of Directors of AMCE terminating this Agreement pursuant to Section 6.4 for a Specified Reason (as defined below) or Without Cause (as defined below)), DI shall pay and be responsible for all of its Expenses and all of AMCE's Expenses.

  • We were unable to prove they were using the site for non-residential purposesand ultimately were forced to issue a Notice to Vacate for No Specified Reason in order to resolve the situation.

  • Unless otherwise provided by the Committee, if on the date of termination of Service for a reason other than a Specified Reason the Participant is not vested as to his or her entire Option, the unvested portion of the Option shall be forfeited and the Shares covered by the unvested portion of the Option shall revert to the Plan.


More Definitions of Specified Reason

Specified Reason means Retirement, Permanent Disablement, Redundancy or death;
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Specified Reason means Retirement, Disability, Redundancy or death.
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Specified Reason means any of the following bases for a determination by the Board of Directors of AMCE to terminate this Agreement pursuant to Section 6.4: (i) that it is in the best interests of AMCE to pursue an unrelated transaction and the transactions contemplated by this Agreement would adversely impact such unrelated transaction, (ii) that a condition set forth in Sections 4.5 or 4.6 hereof has failed due to facts or circumstances unknown on the date of this Agreement to, and beyond the control of, AMCE, DI or any member of the Xxxxxxx Family, (iii) that a condition set forth in Section 4.7 has failed (unless DI or any member of the Xxxxxxx Family is a plaintiff (or is otherwise involved in a role adverse to AMCE, the Board of Directors of AMCE or the Special Committee) in any litigation, action or proceeding described therein), or (iv) that a condition set forth in Section 4.15 has failed as a result of facts or circumstances unknown on the date of this Agreement to, and beyond the control of, AMCE, DI or any member of the Xxxxxxx Family and (y) "WITHOUT CAUSE" shall mean a determination of the Board of Directors of AMCE to terminate this Agreement pursuant to Section 6.4 without having a reasonable basis for such action.
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Specified Reason means retirement, total and permanent disablement , redundancy or death, as those terms are defined in the Plan.
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Related to Specified Reason

  • For Good Reason as defined in Section 6.4.

  • Voluntary Termination for Good Reason means the Employee voluntarily resigns after the occurrence of any of the following (i) without the Employee’s express written consent, a material reduction of the Employee’s duties, title, authority or responsibilities, relative to the Employee’s duties, title, authority or responsibilities as in effect immediately prior to such reduction, or the assignment to Employee of such reduced duties, title, authority or responsibilities; provided, however, that a reduction in duties, title, authority or responsibilities solely by virtue of the Company being acquired and made part of a larger entity (as, for example, when the Senior Vice-President of a business unit of the Company remains as such following a Change of Control) shall not by itself constitute grounds for a “Voluntary Termination for Good Reason;” (ii) without the Employee’s express written consent, a material reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) a reduction by the Company in the base salary of the Employee as in effect immediately prior to such reduction; (iv) a material reduction by the Company in the aggregate level of employee benefits, including bonuses, to which the Employee was entitled immediately prior to such reduction with the result that the Employee’s aggregate benefits package is materially reduced (other than a reduction that generally applies to Company employees); (v) the relocation of the Employee to a facility or a location more than thirty-five (35) miles from the Employee’s then present location, without the Employee’s express written consent; (vi) the failure of the Company to obtain the assumption of this agreement by any successors contemplated in Section 7(a) below; or (vii) any act or set of facts or circumstances which would, under California case law or statute constitute a constructive termination of the Employee.

  • Termination for Good Reason means a Termination of Employment by Executive for a Good Reason.

  • Good Reason Event means (1) fraud, criminal conduct or willful misconduct by or on the part of the Company, (2) a representation or warranty made by the Company herein proving to be untrue in any material respect, or (3) a default in the due performance or observance by the Company of any covenant or agreement contained in this Agreement and such default continuing unremedied for a period of 30 days after written notice thereof to the Company by the Dealer Manager.

  • Good Reason means:

  • Without Good Reason means termination of Executive’s employment by Executive other than For Good Reason pursuant to SECTION 3.2(b) below.

  • Specified Cause Event shall have the meaning set forth in the SLDs.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Good Reason Termination means a termination of employment or service initiated by the Participant upon or after a Change of Control upon one or more of the following events:

  • Voluntary Termination means termination by the Employee of the Employee's employment with the Company, excluding termination by reason of Employee's death or disability as described in Sections 2.5 and 2.6.

  • Resignation for Good Reason means a Separation as a result of your resignation within 12 months after one of the following conditions has come into existence without your consent:

  • Involuntary Termination means a termination of your employment with the Company pursuant to either (i) a termination initiated by the Company without Cause, or (ii) your resignation for Good Reason, and provided in either case such termination constitutes a Separation from Service. An Involuntary Termination does not include any other termination of your employment, including a termination due to your death or disability.

  • Notice of Termination for Good Reason shall have the meaning set forth in Section 1(t).

  • Constructive Termination means:

  • Revolving Termination Date means the earlier to occur of:

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Involuntary Termination Without Cause means Executive’s dismissal or discharge other than for Cause. The termination of Executive’s employment as a result of Executive’s death or disability will not be deemed to be an Involuntary Termination Without Cause.

  • Involuntary Termination of Employment means the Termination of Service by the Company or Subsidiary other than a termination for Cause, or termination of employment by a Participant Employee for Good Reason.

  • Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).

  • 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.

  • Disability Date means the date on which a Participant is deemed disabled under the employee benefit plans of the Corporation applicable to the Participant.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Constructive Termination Without Cause means a termination of the Executive's employment at his initiative as provided in this Section 10(c) following the occurrence, without the Executive's written consent, of one or more of the following events (except as a result of a prior termination):

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Extended Termination Date has the meaning specified in Section 2.16(c).