Transferred Leave definition

Transferred Leave has the meaning set forth in Section 5.3(d).
Transferred Leave shall have the meaning set forth in Section 6.08 of this Agreement.

Examples of Transferred Leave in a sentence

  • Notwithstanding the foregoing, in any jurisdiction where payment of the value of accrued but unused paid leave to Fortrea Employees or Labcorp Employees is required by applicable Law as of the Distribution Date, Labcorp will pay, or cause to be paid, all Transferred Leave to all Labcorp Employees and Fortrea will pay, or cause to be paid, all Transferred Leave to all Fortrea Employees, in each case, as soon as reasonably practicable after the Distribution Date.

  • The Rus- sian terminology distinguishes between ‘far abroad’ and ‘near abroad.’ Russian statistics regard ‘far abroad’ as areas beyond the Commonwealth of Inde- pendent States, while Gazprom looks on them as countries other than the former Soviet Union.

  • Fuels and Fuels’ Subsidiaries will ensure that such Transferred Leave is not subject to forfeiture to the same extent not subject to forfeiture under the policies of Tech and its Affiliates governing such Transferred Leave prior to the Distribution and that such Transferred Leave does not count toward any maximum accrual amount under any plan, program or policy maintained by Fuels or one of Fuels’ Subsidiaries for the purpose of providing vacation, personal days or hours or sick leave.

  • Notwithstanding the foregoing, in any jurisdiction where payment of the value of accrued but unused paid leave to LW Employees is required by applicable Law as of the Distribution Date (a) ConAgra will pay, or cause to be paid, all Transferred Leave as soon as reasonably practicable after the Distribution Date and (b) Xxxx Xxxxxx will promptly, but in no event more than 30 days after being notified by ConAgra, reimburse ConAgra in respect of such payment.

  • Current Articles of IncorporationProposed Amendments <Newly established>(Measures for Electronic Provision, Etc.)Article 16.

  • If applicable Law does not allow for Transferred Leave with respect to any Continuing Employee, Acquiror and SplitCo will cause the Galleria Group to allow such Continuing Employee to use any leave time following the Closing that was scheduled with Parent or its Subsidiaries prior to the Closing (on an unpaid basis in the event that such Continuing Employee has not accrued enough paid leave time at the time of such post-Closing absence).

  • The amount may be subject to additional interest/other charges being levied by the concerned authorities which are unascertainable as on date of this prospectus For further details, see “Outstanding Litigation and Material Developments” beginning on page 177of this Prospectus.

  • Lova and Lova’s Subsidiaries will ensure that such Transferred Leave is not subject to forfeiture to the same extent not subject to forfeiture under the policies of Logiq and its Affiliates governing such Transferred Leave prior to the Distribution and that such Transferred Leave does not count toward any maximum accrual amount under any plan, program or policy maintained by Lova or one of Lova’s Subsidiaries for the purpose of providing vacation, personal days or hours or sick leave.

  • Acquiror and Acquiror’s Affiliates will credit each Continuing Employee the amount of accrued and unpaid hours of vacation, personal hours or days earned and sick leave (together, the “Transferred Leave”) applicable to such Continuing Employee as of the Closing and on the Closing Date Seller will provide to Acquiror as of the Closing Date a schedule indicating for each Continuing Employee the type and number of days of Transferred Leave.

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Related to Transferred Leave

  • Paid leave means time away from work by an employee for which the employee receives compensation, and is limited to sick time, vacation time, compensatory time and leave that is provided as an aggregate amount for use at the discretion of the employee for any of these same purposes. "Paid leave" does not include paid short-term or long-term disability, catastrophic leave or similar types of benefits.[PL 2005, c. 455, §1 (NEW).]

  • FMLA Leave means a leave of absence, which the Company is required to extend to an Employee under the provisions of the FMLA.

  • Parental leave means leave to bond and to care for a newborn child after birth or to bond and care for a child after placement for adoption or xxxxxx care, for a period of up to sixteen (16) weeks after the birth or placement.

  • Intermittent Leave means leave taken in separate blocks of time due to a single qualifying reason.

  • Family leave means any leave taken by an employee from

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Approved Leave of Absence means an absence from active service pursuant to an approved leave policy with a guaranteed right of reinstatement.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Authorized leave of absence means an unpaid, temporary cessation from active employment with the Employer pursuant to an established nondiscriminatory policy, whether occasioned by illness, military service, or any other reason.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Garden Leave means any period during which the Company has exercised its rights under clause 22;

  • maternity or paternity leave of absence means, for Plan Years beginning after December 31, 1984, an absence from work for any period by reason of the Employee's pregnancy, birth of the Employee's child, placement of a child with the Employee in connection with the adoption of such child, or any absence for the purpose of caring for such child for a period immediately following such birth or placement. For this purpose, Hours of Service shall be credited for the computation period in which the absence from work begins, only if credit therefore is necessary to prevent the Employee from incurring a 1-Year Break in Service, or, in any other case, in the immediately following computation period. The Hours of Service credited for a "maternity or paternity leave of absence" shall be those which would normally have been credited but for such absence, or, in any case in which the Administrator is unable to determine such hours normally credited, eight (8) Hours of Service per day. The total Hours of Service required to be credited for a "maternity or paternity leave of absence" shall not exceed 501.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Bereavement Leave means "a leave of absence granted to an employee upon a death occurring in the employee's Immediate Family.”

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Leave means authorized absence from duty by an employee during his or her regular or normal hours of work;

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.