Accumulation Of Clause Samples

The "Accumulation Of" clause defines how multiple claims or losses are grouped together for the purposes of insurance coverage, particularly in determining limits of liability or deductibles. In practice, this clause specifies the circumstances under which several related events—such as a series of incidents arising from a single cause—are treated as a single loss rather than separate occurrences. This approach helps clarify the insurer's maximum exposure and prevents disputes over whether multiple claims should be aggregated or handled individually, thereby ensuring predictability and fairness in the application of policy limits.
POPULAR SAMPLE Copied 1 times
Accumulation Of. All regular and temporary employees shall be granted sick leave credit in the amount of one and one-half (1 1/2) working shifts accumulated in hours for each month worked from commencement of employment for regular employees and from the first day of qualification as a temporary employee. In any one (1) year where an employee has not received sick leave or only a portion of the accumulated credit, he shall accrue the unused portion, as a credit, to a maximum of one hundred eighty (180) working shifts. A deduction shall be made from the accumulated sick leave credit of all normal working shifts, exclusive of holidays, absent for sick leave as defined in Clause 14.01 – Definition Of of this Article. "
View SourceView Similar (4)
Accumulation Of. The Company plant seniority which accumu- lates from the starting date of the most recent term of continuous employment. Two departments are Plant seniority will accumulate when an employee is absent from work: during a layoff on the basis of one month for each month of seniority with the Company prior to layoff, up to a maximum of twenty four months,
View SourceView Similar (2)
Accumulation Of. Compensatory time (straight and time-and-a-half [1-1/2]) may be accumulated up to 80 hours.
View Source
Accumulation Of. A regular employee retains and accumulates seniority in the following cases:
View Source
Accumulation Of. An employee accumulate seniority while on leave pay and duringthe recall period. nor accrue further seniority when suspended without pay.
View Source
Accumulation Of. All regular and temporary employees shall be granted sick leave credit in the amount of one and one-half (1 1/2) working shifts accumulated in hours for each month worked from commencement of employment for regular employees and from the first day of qualification as a temporary employee. In any one (1) year where an employee has not received sick leave or only a portion of the accumulated credit, he shall accrue the unused portion, as a credit, to a maximum of one hundred eighty
View Source
Accumulation Of. For each monthof a fiscal year In which an employee receives ten (10) days he shall vacation leave at the following rates:
View Source
Accumulation Of. An employee shall accumulate seniority as set out in (a) of this Article during the following absences: authorized leave of absence with pay, including sick leave, negotiations and grievances; authorized leave of absence without pay provided the leave is for working days or less in any one instance: employee's paid vacation and paid general holidays; those employees working less than full time, and all ten month employees, shall accumulate hours of seniority to vacation entitlement for years of service as set out in Article and (a); absences while on Worker's Compensation benefits;
View Source
Accumulation Of. An employee will accumulate seniority to the extent of and under the following conditions: A regular employee absent from work for reasons of sickness or accident, and certified by a medical doctor, not to exceed eighteen ( months.
View Source

Related to Accumulation Of

  • Accumulation 1. Originating goods or materials from the territory of a Party, incorporated into a good in the territory of the other Party, shall be considered to be originating in the territory of the other Party. 2. Production carried out by a producer in the territory of a Party may be accumulated with the production of one or more producers in the territory of that Party or the other Party, in such way that the production of the materials incorporated into the good shall be considered as carried out by that producer, provided that the good satisfies the requirements established in Article 3.1 and all other applicable requirements in this Chapter.

  • Maximum Accumulation An employee may accumulate earned leave, excluding the separate vacation balance, if any, to a maximum of twice their annual time management accumulation. As of the end of the pay period in which March 31 falls in each year, any employee credited with accrued leave greater than twice their annual leave accumulation shall forfeit that amount above their maximum accumulation. An employee who has acquired the maximum allowable accumulation of earned leave may continue to accumulate earned leave for the balance of the year in which the maximum accrual was reached, provided, however, that the employee must reduce the accumulation to the maximum allowable prior to the following March 31 or forfeit the excess.

  • Accumulation of Seniority The seniority of an employee shall continue to accrue during an absence due to: (a) accident or illness; (b) maternity or parental leave; (c) any unpaid leave of absence of up to twelve (12) months; (d) any paid leave of absence provided for under this Agreement.

  • Vacation Accumulation (a) Vacations are not cumulative from year to year. (b) Notwithstanding the above, the Employer may grant a special request from an employee to carryover a maximum of five (5) vacation days into the next year. The employee shall specify in her request to the Employer the purpose for which she is seeking the carryover. (c) During the first year of employment, a full time employee with at least six

  • Accumulation of Sick Leave The unused portion of an Employee's sick leave shall accrue for her future benefit, up to a maximum of one hundred and thirty (130) days.