Letters of Engagement Sample Clauses

Letters of Engagement. Where possible, the Producer shall issue the Individual with a letter of engagement on or before the first day of the engagement. Failing this the Producer shall issue the Individual with a written memorandum (which can be by email) on or before the first day of the engagement which shall include: * Name of Employer * Name of the Individual/loan out company (if applicable) * Grade or job title * Start date of engagement * Base (and whether any changes foreseen to Base) * Whether engagement is for number of weeks/days or whether it is an Open Ended Engagement * Basic rate of pay excluding holiday pay * Overtime rate * Holiday entitlement (days) * Start date of the Pay Week * Number of guaranteed hours of work to which the basic rate of pay refers * That the terms and conditions of the contract shall comply with all the terms of the PACT/BECTU Agreement * Treatment of Public Holidays (whether these shall be UK or local holidays on Overseas Location(s)) Thereafter the Producer shall issue the Individual with a letter of engagement no more than one quarter of the way through the engagement or within six weeks of the start of the engagement, whichever is the shorter. The letter of engagement should only be delayed beyond this period in the most exceptional circumstances. The financial terms of the letter of engagement should be no less favourable than the terms of any memorandum. It is understood and agreed that the Individual's letter of engagement may address some of the matters also provided for in this agreement. The terms of the Individual’s letter of engagement shall take precedence provided that this does not conflict with or undermine the financial terms provided for under this agreement.,.
AutoNDA by SimpleDocs
Letters of Engagement. At the time of engagement, the Employer will provide each Employee with a letter of engagement, including the following information:
Letters of Engagement. The Borrowers will provide, within two (2) Business Days of execution thereof, copies of any engagement letter entered into by and between any Borrower and any investment bank. The Borrowers shall use their best efforts to ensure that the Borrowers' investment bankers will be available to meet with and answer any questions from all of the Lenders at periodic meetings or conference calls for the entire Lender Group and to cause such investment bankers to provide to the Lenders any documents and/or materials reasonably requested by the Lenders; provided, however, that the Borrowers may withhold documents or other materials which the Borrowers reasonably believe are subject to confidentiality restrictions and/or applicable securities laws. Except as provided in new Sections 10.6 and 10.7 of the Existing Credit Agreement, the Lenders reserve the right to refuse to release their liens on any assets proposed to be sold unless the Obligations are paid in full. The Borrowers will notify the Lenders of all offers prior to any decision to accept or reject any offer.
Letters of Engagement. 13.1 All new Employees will be provided with a letter of engagement including the following information:
Letters of Engagement. All new employees employed under this Collective Agreement will be provided with a letter of engagement including the following information:
Letters of Engagement. At the time of engagement, Trident will provide each Employee with a letter of engagement, including the following information:
Letters of Engagement. All new Employees will be provided with a letter of employment setting out the type and remuneration level of employment, details of pay and superannuation, access to company policies and procedures and a summary of conditions of employment.
AutoNDA by SimpleDocs

Related to Letters of Engagement

  • Terms of Letters of Credit At the time of issuance, the amount, form, terms and conditions of each Letter of Credit, and of any drafts or acceptances thereunder, shall be subject to approval by the applicable Issuing Bank and the Borrower. Notwithstanding the foregoing, in no event may (i) the expiration date of any Letter of Credit extend beyond the Revolving Termination Date, or (ii) any Letter of Credit have an initial duration in excess of one year; provided, however, a Letter of Credit may contain a provision providing for the automatic extension of the expiration date in the absence of a notice of non-renewal from the applicable Issuing Bank but in no event shall any such provision permit the extension of the expiration date of such Letter of Credit beyond the Revolving Termination Date. Notwithstanding the foregoing, a Letter of Credit may, as a result of its express terms or as the result of the effect of an automatic extension provision, have an expiration date of not more than one year beyond the Revolving Termination Date (any such Letter of Credit being referred to as an “Extended Letter of Credit”) so long as the Borrower delivers to the Administrative Agent for the benefit of the applicable Issuing Bank and the Revolving Lenders no later than 30 days prior to the Revolving Termination Date, Cash Collateral for such Letter of Credit for deposit into the Letter of Credit Collateral Account in an amount equal to the Stated Amount of such Letter of Credit; provided, that the obligations of the Borrower under this Section in respect of Extended Letters of Credit shall survive the termination of this Agreement and shall remain in effect until no Extended Letters of Credit remain outstanding. If the Borrower fails to provide Cash Collateral with respect to any Extended Letter of Credit by the date 30 days prior to the Revolving Termination Date, such failure shall be treated as a drawing under such Extended Letter of Credit (in an amount equal to the maximum Stated Amount of such Letter of Credit), which shall be reimbursed (or participations therein funded) by the Revolving Lenders in accordance with the immediately following subsections (i) and (j), with the proceeds being utilized to provide Cash Collateral for such Letter of Credit. The initial Stated Amount of each Letter of Credit shall be at least $500,000 (or such lesser amount as may be acceptable to the applicable Issuing Bank, the Administrative Agent and the Borrower).

  • Procedures for Issuance and Amendment of Letters of Credit; Auto-Extension Letters of Credit (i) Each Letter of Credit shall be issued or amended, as the case may be, upon the request of the Borrower delivered to the L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer of the Borrower. Such Letter of Credit Application must be received by the L/C Issuer and the Administrative Agent not later than 11:00 a.m. at least two Business Days (or such later date and time as the Administrative Agent and the L/C Issuer may agree in a particular instance in their sole discretion) prior to the proposed issuance date or date of amendment, as the case may be. In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory to the L/C Issuer: (A) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day); (B) the amount thereof; (C) the expiry date thereof; (D) the name and address of the beneficiary thereof; (E) the documents to be presented by such beneficiary in case of any drawing thereunder; (F) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder; and (G) such other matters as the L/C Issuer may require. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory to the L/C Issuer (A) the Letter of Credit to be amended; (B) the proposed date of amendment thereof (which shall be a Business Day); (C) the nature of the proposed amendment; and (D) such other matters as the L/C Issuer may require. Additionally, the Borrower shall furnish to the L/C Issuer and the Administrative Agent such other documents and information pertaining to such requested Letter of Credit issuance or amendment, including any Issuer Documents, as the L/C Issuer or the Administrative Agent may require.

Time is Money Join Law Insider Premium to draft better contracts faster.