Use or Lose definition

Use or Lose policy means that a grantee that does not "use" its grant award funds in a timely fashion will “lose” a portion of those funds as described below. The purpose of this adjustment action is to direct monies to those grantees most capable of making immediate productive use of available monies, and to demonstrate that funds appropriated by Congress for the HPF in fact are needed and being used promptly. The Use or Lose policy is intended to have these results:
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Use or Lose. Vacation Accrual: Employees may carry-forward up to one (1) year of unused and accrued vacation time from one school year into the following school year. This carried- forward unused vacation time shall be referred to as “use or lose” vacation time. Employees may use “use or lose” vacation time in accordance with this Article of the collective bargaining agreement in the year into which it is carried- forward. However, any unused “use or lose” vacation time shall be lost at 11:59 p.m. on June 30 each year and shall not be carried-forward into another year. No “use or lose” vacation time may be cashed out except upon resignation or retirement.
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Use or Lose. Annual Leave
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Examples of Use or Lose in a sentence

  • Use or Lose" vacation PTO is the number of hours/days in excess of the employee’s maximum limitation for carry over into the next fiscal year.

  • The Agency will issue an annual notice to employees regarding Use or Lose leave.

  • Cause to be done all things reasonably necessary to preserve and keep in full force and effect its rights in and use of its Slots, including, without limitation, satisfying the Use or Lose Rule.

  • Use or Lose" vacation PTO is the number of hours/days in excess of the employee's maximum limitation for carry over into the next fiscal year.

  • Notwithstanding the foregoing, the Slot assignments of Borrowers may be modified from time to time in the ordinary course of the businesses of Borrower and in a manner consistent with the prior operation by Borrowers of such businesses and Borrowers shall not be required to satisfy Use or Lose Rules in order to retain Slots which Borrowers determine in their good faith business judgment are no longer useful in the conduct of their businesses.

  • Each Loan Party shall utilize its Slots in a manner that does not breach, violate, or conflict with the Use or Lose Rule or result in the loss of any Slot under the Use or Lose Rule.

  • Use or Lose Rule" shall mean, with respect to Slots, the terms of 14 C.F.R.


More Definitions of Use or Lose

Use or Lose leave must be used before the end of the leave year or it will be forfeited. All employees are responsible for scheduling "Use or Lose" leave in writing at least three pay periods in advance of the end of the leave year.
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Related to Use or Lose

  • Child abuse or neglect means the injury, sexual abuse, sexual exploitation, or negligent treatment or maltreatment of a child by any person under circumstances which indicate that the child's health, welfare, and safety is harmed thereby. An abused child is a child who has been subjected to child abuse or neglect as defined herein: Provided, that this subsection shall not be construed to authorize interference with child-raising practices, including reasonable parental discipline, which are not proved to be injurious to the child's health, welfare, and safety: And provided further, That nothing in this section shall be used to prohibit the reasonable use of corporal punishment as a means of discipline. No parent or guardian shall be deemed abusive or neglectful solely by reason of the parent's or child's blindness, deafness, developmental disability or other handicap. RCW 26.44.020

  • Abuse or neglect means abuse or neglect as described in Conn. Gen. Stat. § 46b-120, and includes any violation of Conn. Gen. Stat. §§ 53a-70 (sexual assault in the first degree), 53a-70a (aggravated sexual assault in the first degree), 53a-71 (sexual assault in the second degree), 53a-72a (sexual assault in the third degree), 53a-72b (sexual assault in the third degree with a firearm), or 53a-73a (sexual assault in the fourth degree).

  • lump ore means iron ore excluding beneficiated ore which is nominally sized plus six millimetres minus thirty millimetres;

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.

  • On-premise beer retailer means a beer retailer who is: