Adjustments by us Sample Clauses

Adjustments by us. We insure the pension scheme by means of a subscription. We may adjust administration of the pension scheme as follows: - changes to rates, costs, and/or conditions, with effect from 1 January of a year; - changes arising from legislation and regulations, court rulings, or an instruction or change of policy on the part of the Dutch Central Bank (DNB) or the Authority for the Financial Markets (AFM). We can also have the pension scheme implemented via a different administrative platform. If we do so, we will ensure that the quality of that platform is at least equal to that of the current implementation. We will of course do everything possible to make the transition as easy as possible for you. The changes that can result include different contact details, replacement of the employer portal, and a different method of invoicing. We will not charge you for this conversion. If we make an adjustment we will notify you in writing at least three months in advance. You are at all times obliged to ensure that the pension scheme conforms to this Execution Agreement, even if we make adjustments to the administration and this has consequences for the pension scheme. You are required to ensure that you gain the consent of your employees and the works council (if there is one) for changes to the pension scheme. This also applies if the Execution Agreement is amended and the amendments have consequences for the pension scheme. You must do this well in time. In the event of an amendment, we will set a period within which you are required to adjust your pension scheme. If you fail to do so within that period, we may be required to incur additional costs, which we will then charge on to you. An adjustment made to the pension scheme applies to the pensions already accrued and to those still to be accrued. However, the value of pensions already accrued cannot be decreased unless statutory measures provide otherwise. The nature of the pension scheme will also be unaffected. We adjust the accrued pension entitlements if the standard retirement age [pensioenrichtleeftijd] is changed. We determine the adjustment factor on the basis of collective actuarial equivalence. We determine that factor for both the retirement pension and the partner’s pension. For the retirement pension, the same factor applies to all participants/former participants. For the accrual-basis partner’s pension, the same factor applies to all participants/former participants. In both cases, this is regardless...
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Related to Adjustments by us

  • Amendments by us 2.1 We may vary any details of this agreement or a Direct Debit Request at any time by giving you at least fourteen (14) days written notice.

  • Amendments by you You may change, stop or defer a debit payment, or terminate this agreement by providing us with at least fourteen (14) days’ written notification by emailing us at Xxxxxx.XxxxxxXxxxxxxx@xxx.xxx.xx or by telephoning us on 1800 333 004 during business hours or arranging it through your own financial institution.

  • Changes by us 2.1 We may vary any details of this agreement or a direct debit request at any time by giving you at least fourteen (14) days’ written notice.

  • Proration of calculations If less than total program funding is subject to interest calculation procedures, the resulting interest liability calculations shall be prorated to 100% of program funding.

  • Adjustments Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as that Lender is no longer a Defaulting Lender, to the extent permitted by applicable Law:

  • Adjustments to Fees Notwithstanding any of the fee limitations set forth in this Article 6, commencing upon the expiration of the first year of this Agreement, and upon the expiration of each year thereafter during the Term, the then-­‐current fees set forth in Section 6.1 and Section 6.3 may be adjusted, at ICANN’s discretion, by a percentage equal to the percentage change, if any, in (i) the Consumer Price Index for All Urban Consumers, U.S. City Average (1982-­‐1984 = 100) published by the United States Department of Labor, Bureau of Labor Statistics, or any successor index (the “CPI”) for the month which is one

  • Wage Adjustments If the funding available to be used for wages provided by Government in any fiscal year increases, the Employer shall pass on such increases to employees consistent with the funding increase adjusted for any additional deficits that this contract incurs. This will be the case whether the funding increase is for the entire year or simply a portion of it, and wage increases shall be effective upon the effective date of the increased funding. Should there be no increase provided by Government, wages will be maintained at their present levels. Should there be a decrease in funding, then the Employer will maintain wages at present levels. The Employer will promptly provide the Union with any information it receives from the Government regarding funding available for wages, and the parties will meet as required to work towards cooperative resolution of any issues arising from this Government information.

  • Payments by Wire-Transfer All payments under this Single Family Shared-Loss Agreement shall be made by wire-transfer in accordance with the wire-transfer instructions on Exhibit 4.

  • Adjustments to Exercise Price; Number of Rights The Exercise Price, the number and kind of securities subject to purchase upon exercise of each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 2.3.

  • Payments by Paying Agents The Fiscal Agent or each other Paying Agent acting through its respective Specified Office shall make payments of interest or, as the case may be, principal in respect of Notes in accordance with the Conditions applicable thereto (and, in the case of a Temporary Global Note, a Permanent Global Note, or a Global Registered Note, the terms thereof) provided, however, that:

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