Income Replacement Sample Clauses

Income Replacement. (a) For non-occupational injury, illness or pregnancy, employees who return to modified hours of work shall be paid the portion of shift worked and, if eligible, shall receive income replacement with sick credits.
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Income Replacement. 39.01 SHORT TERM DISABILITY
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Income Replacement. 40.01 SHORT TERM DISABILITY 88 Weekly Indemnity to be based on 75% of an amount to the employees’ basic weekly earnings taken to the next higher dollar of benefit, if not already a multiple thereof. Earnings to be payable from the first (1st) day for accident and from the fourth (4th) day for sickness disabilities. Maximum payment period per disability is twenty-six (26) weeks. Upon expiry of these twenty-six (26) weeks, an employee shall become eligible for additional benefits under Article 40.02 Long Term Disability.
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Income Replacement. SECTION 1
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Income Replacement. Permanent employees to be laid off who request and receive a lump sum payment from their Income Replacement Entitlement as provided for in this Agreement shall be deemed to have negated any and all rights of rehire to their former job.
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Income Replacement. (a) Long Term Disability (Company pays for this benefit) 66 2/3% of base wages up to a maximum of $2,500 per month for the life of the Agreement. Commences after expiration of Weekly Indemnity and Employment Insurance Details of benefits outlined in benefits booklet
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Income Replacement. While each state has a different formula for determining the amount you receive, most guarantee about two-thirds of your total weekly earnings up to a state set ceiling. You do not become eligible until you have been out for a specified number of days—usually from three days to a week (during which you can use sick leave). Sick leave taken under this premise may not be used as chargeable occurrences for purposes of company discipline.
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Income Replacement. You will be eligible to receive an Executive Special Benefit Arrangement Income Replacement (ESBA:IR) of $1,200,000/A payable upon retirement for 15 years.
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Income Replacement. The absence of the sole income earner will suddenly place the dependents under extreme financial duress. Life Insurance provides the cash resources to the dependents to take care of the day to day living expenses & also ensure that the children get the best education possible in the absence of the bread winner.
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Related to Income Replacement

  • Benchmark Replacement Notwithstanding anything to the contrary herein or in any other Loan Document, if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior any setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined in accordance with clause (a) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document and (y) if a Benchmark Replacement is determined in accordance with clause (b) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided to the Lenders without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document so long as the Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders. If the Benchmark Replacement is Daily Simple SOFR, all interest payments will be payable on a quarterly basis.

  • Benchmark Replacement Setting Notwithstanding anything to the contrary herein or in any other Loan Document:

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