Availability of Benefits Sample Clauses

Availability of Benefits. Consistent with that intent, before expending any amounts from the net income and/or principal of a Trust Account, the Trustee shall consider the availability of all benefits from government or private assistance programs for which the Designated Beneficiary may be eligible. It is the Trustee’s intention to maximize wherever possible, the collection and facilitate the distribution of these benefits.
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Availability of Benefits. In consideration of the Company's aforesaid payment to said Fund as herein above provided, the Union warrants the Board of Trustees of The United Steelworkers Of America Health and Welfare Fund will, beginning on the date of receipt by the Fund of the Company's first said payment, and during such part of the life of this Agreement as the Company fully complies with the terms of such Agreement in all respects, extend and make available to Company's said employee the benefits for which employees are eligible under the above-designated benefit plan. No benefits will be paid or services furnished to any employee or employees for whom the Company has not paid the required contribution to the Fund except as, and only to the extent otherwise required by an applicable state disability benefit insurance law.
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Availability of Benefits. Medical and Extended Health benefits will be available after thirty (30) days. Dental, Group Insurance and Sick Leave benefits will be available after three (3) month's service.
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Availability of Benefits. All benefits negotiated between the Union and the Board will become available to all full-time and part-time certificated personnel of the District. Part-time is defined as
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Availability of Benefits. In consideration of the COMPANY'S aforesaid payment to said Fund as herein above provided, the UNION warrants the Board of Trustees of The Fund will, beginning on the date of receipt by the Fund of the COMPANY'S first said payment, and during such part of the life of this Agreement as the COMPANY fully complies with the terms of such Agreement in all respects, extend and make available to COMPANY'S said employee the benefits for which employees are eligible under the above-designated benefit plan. No benefits will be paid or services furnished to any employee or employees for whom the COMPANY has not paid the required contribution to the Fund except as, and only to the extent otherwise required by an applicable state disability benefit insurance law.
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Availability of Benefits. 42 XV JURY SERVICE............................................................................ 43 XVI BEREAVEMENT PAY......................................................................... 44 Definition.............................................................................. 44 Payment................................................................................. 44
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Availability of Benefits. Sick leave benefits shall be paid for bona fide illness at any time during an employee’s employment year (i.e., from one anniversary of employment to another). An employee’s sick leave benefits become available to him/her immediately upon the first day of his/her employment year.
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Availability of Benefits. For STARS, Program agency and client benefits are only available for eligible bookings on the STARS Rate Code (Sabre/Worldspan: X00, Xxxxxx/Xxxxxxx: X00, Xxxxxxx: 0S8) made via GDS, Xxxxxxxx.xxx, Customer Engagement Center (CEC), or property direct. For LUMINOUS, Program agency and client benefits are only available for eligible bookings on the LUMINOUS Rate Code (L72) made via GDS, the LUMINOUS Support Desk, property direct, or Xxxxxxxx.xxx. Program benefits will not apply to any other rate program, including Marriott Bonvoy redemption stays.
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Availability of Benefits. All benefits negotiated between the Union and the Board will become available to all full-time and part-time certified personnel of the District. Part-time is defined as 0.5 FTE (full time equivalency) or greater. Where appropriate, each benefit will be pro-rated based on the employee’s FTE. Example: if a part-time 0.5 FTE staff chooses family insurance, where the Board of Education’s portion of the premium is $14,000 for a 1.0 FTE staff, the Board of Education’s portion of the premium for this part-time teacher would be $14,000 X 0.5 FTE = $7,000.
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Related to Availability of Benefits

  • Inalienability of Benefits The benefits provided under this custodial account shall not be subject to alienation, assignment, garnishment, attachment, execution or levy of any kind and any attempt to cause such benefits to be so subjected shall not be recognized except to the extent as may be required by law.

  • Payment of Benefits Any amounts due under this Agreement shall be paid in one (1) lump sum payment as soon as administratively practicable following the later of: (i) Xx. Xxxxxx'x Termination Date, or (ii) upon Xx. Xxxxxx'x tender of an effective Waiver and Release to the Company in the form of Exhibit A attached hereto and the expiration of any applicable revocation period for such waiver. In the event of a dispute with respect to liability or amount of any benefit due hereunder, an effective Waiver and Release shall be tendered at the time of final resolution of any such dispute when payment is tendered by the Company.

  • Termination of Benefits Except as provided in Section 2 above or as may be required by law, Executive’s participation in all employee benefit (pension and welfare) and compensation plans of the Company shall cease as of the Termination Date. Nothing contained herein shall limit or otherwise impair Executive’s right to receive pension or similar benefit payments that are vested as of the Termination Date under any applicable tax-qualified pension or other plans, pursuant to the terms of the applicable plan.

  • Calculation of Benefits Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

  • Limitation of Benefits (a) Anything in this Agreement to the contrary notwithstanding, in the event it shall be determined that any benefit, payment or distribution by the Company to or for the benefit of the Executive (whether payable or distributable pursuant to the terms of this Agreement or otherwise) (a "Payment") would, if paid, be subject to the excise tax imposed by Section 4999 of the Code (the "Excise Tax"), then the Payment shall be reduced to the extent necessary to avoid the imposition of the Excise Tax. The Executive may select the Payments to be limited or reduced.

  • Amount of Benefits The vested amount credited to a Participant’s Account as determined under Articles 6, 7 and 8 shall determine and constitute the basis for the value of benefits payable to the Participant under the Plan.

  • Payment of Benefit The Company shall pay the annual benefit to the Executive in 12 equal monthly installments commencing with the month following the Executive’s Normal Retirement Date, paying the annual benefit to the Executive for a period of 15 years.

  • Nonduplication of Benefits Notwithstanding any provision in this Agreement or in any other Employer benefit plan or compensatory arrangement to the contrary, but at all times subject to Section 7.4, (a) any payments due under Section 7.1, Section 7.2 or Section 7.3 shall be made not more than once, if at all, (b) payments may be due under Section 7.1, Section 7.2 or Section 7.3, but under no circumstances shall payments be made under all of or any combination of Section 7.1, Section 7.2 and Section 7.3, (c) no payments made under Sections 7.1, 7.2 and 7.3 this Agreement shall be considered compensation for purposes of any benefit plan or compensatory arrangement of Employer, and (d) Executive shall not be entitled to severance benefits from Employer other than as contemplated under this Agreement, unless such other severance benefits offset and reduce the benefits due under this Agreement on a dollar-for-dollar basis, but not below zero.

  • No Duplication or Acceleration of Benefits Notwithstanding anything to the contrary in this Agreement, the Separation and Distribution Agreement or any Ancillary Agreement, no participant in any Benefit Plan shall receive service credit or benefits to the extent that receipt of such service credit or benefits would result in duplication of benefits provided to such participant by the corresponding Benefit Plan or any other plan, program or arrangement sponsored or maintained by a member of the Group that sponsors the corresponding Benefit Plan. Furthermore, unless expressly provided for in this Agreement, the Separation and Distribution Agreement or in any Ancillary Agreement or required by applicable Law, no provision in this Agreement shall be construed to create any right to accelerate vesting distributions or entitlements under any Benefit Plan sponsored or maintained by a member of the Parent Group or member of the SpinCo Group on the part of any Employee or Former Employee.

  • Distribution of Benefits Members of this unit with at least one year of the service to the District may apply for a number of days consistent with a one-for-one match of their individual sick leave accumulation as of the end of the previous contract year brought forward to the year of the onset of disability. The combined benefit of accumulated personal sick leave and disability bank leave may not exceed one hundred-eighty days and may carry over from one contract year to another. Employees with less than one full year of service in the District will not be require to contribute one of their individual accumulated sick leave days to the disability bank. The Board reviews the right to request re-application and documentation from anyone requesting more than forty (40) days from the pool. Any benefits will be minus other insurance coverage (i.e. worker’s compensation, social security, etc.).

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