Banking System Sample Clauses

Banking System. An employee accumulates vacation credits as follows: Start to completion of two (2) years’ service - 3.0769 hours vacation per bi-weekly pay period of active employment. Completion of two (2) years service to the completion of six (6) years service – 4.6154 hours vacation per bi-weekly pay period of active employment. Completion of six (6) years service to the completion of fifteen years’ service – 6.1538 hours vacation per bi-weekly pay period of active employment. Completion of fifteen (15) years’ service to the completion of twenty-five (25) years service – 7.6923 hours vacation per bi- weekly pay period of active employment. Completion of twenty-five (25) years’ service – 9.2308 hours vacation per bi-weekly pay period of active employment. For employees scheduled to work extended tours, one (1) day equals eight (8) hours. If vacation is granted on a normally scheduled 12 hour day, twelve (12) hours (or one and one-half days) of vacation credits will be utilized for payment purposes.
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Banking System. 16.1 It is acknowledged that the merging credit unions utilize the same banking system and the same technology services provider to administer their respective banking systems. The unification of the banking systems shall be implemented in accordance with the business integration plan after completion of the merger.
Banking System. The Hospital and Local of the Union, on behalf of employees in the bargaining unit, agree that during the of the Collective Agreement, the current direct deposit system will continue in effect. DATED at Toronto, Ontario this day of FOR THE HOSPITAL FOR UNION LOCAL LETTER OF UNDERSTANDING R E VIOLENCE IN THE WORKPLACE The parties recognize that employees may be exposed to unwanted behavior from others in the workplace and that such behavior may result in injury and/or emotional distress to an employee. The Hospital agrees to continue its development of explicit policies and procedures to deal with such situations and shall submit such policies to the Joint Occupational Health and Safety for review. The committee will also review the document on Violence in the Workplace and make recommendations as relevant to this hospital. DATED at Toronto, Ontario this day of FOR UNION FOR THE HOSPITAL LETTER OF UNDERSTANDING RE MODIFIED WORK The Hospital and the Union agree that employees who have been off work due to injury, accident or illness, resulting in impairment or handicap, should be returned to active employment as quickly as possible. The Hospital will notify the president of the local of the names of all members of€work due to a work related injury (whether or not the employee is in receipt benefits) and those on by the 15th of each month. Prior to any member returning on a modified work program, the Hospital will notify a member of the local union executive, and the matter will be reviewed at the next scheduled meeting of the Modified Work Committee. The Hospital agrees to supply the Union with a copy of the Workers' Compensation Board's Form (Employer's Report Accidental Injury or industrial Disease) at the same time as the form is sent to the board with the prior approval of the employee. The Hospital agrees to establish a committee comprised of not more than two
Banking System. 1. Carrying out audits of financial statements for SSC, through the provision of consultants’ services.
Banking System. 5. Establishment of Trusts
Banking System 

Related to Banking System

  • Banking Facilities CLAUSE 2.29 of the Disclosure Schedule sets forth ------------------ a true, correct and complete list of:

  • Cash Management Systems On or prior to the Closing Date, Borrowers will establish and will maintain until the Termination Date, the cash management systems described in Annex C (the “Cash Management Systems”).

  • Cash Management System Each Borrower shall, and shall cause its Subsidiaries to, establish and maintain the Cash Management Systems described below:

  • Cash Management Services Funds received by Transfer Agent in the course of performing its services hereunder will be held in demand deposit bank accounts or money market fund accounts in the name of Transfer Agent (or its nominee) as agent for the Funds.

  • Banking Operations Enter into any new material line of business; change its material lending, investment, underwriting, risk and asset liability management and other material banking and operating policies, except as required by applicable law, regulation or policies imposed by any Governmental Authority; or file any application or make any contract with respect to branching or site location or branching or site relocation.

  • Investment Banking Services Except as described in the Registration Statement, the Statutory Prospectus and the Prospectus, during the period beginning 180 days prior to the initial confidential submission of the Registration Statement and ending on the Effective Date, no Member and/or any person associated or affiliated with a Member has provided any investment banking, financial advisory and/or consulting services to the Company.

  • Banking Arrangements The banking business of the Corporation including, without limitation, the borrowing of money and the giving of security therefor, shall be transacted with such banks, trust companies or other bodies corporate or organizations as may from time to time be authorized by the board. Such banking business or any part thereof shall be transacted under such agreements, instructions and delegations of powers as the board may from time to time prescribe or authorize.

  • Cash Management Services Sublimit Borrower may, following the Account Transition Period, use the Revolving Line for Bank’s cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in Bank’s various cash management services agreements (collectively, the “Cash Management Services”), in an aggregate amount not to exceed the lesser of (A) Two Million Dollars ($2,000,000), minus (i) the Dollar Equivalent of the face amount of any outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit and any Letter of Credit Reserve), and minus (ii) the FX Reduction Amount, or (B) the lesser of Revolving Line or the Borrowing Base, minus (i) the sum of all outstanding principal amounts of any Advances, minus (ii) the Dollar Equivalent of the face amount of any outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit and any Letter of Credit Reserve), and minus (iii) the FX Reduction Amount. Any amounts Bank pays on behalf of Borrower for any Cash Management Services will be treated as Advances under the Revolving Line and will accrue interest at the interest rate applicable to Advances.

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