HR Capital Interpretation Sample Clauses

HR Capital Interpretation. Resource balancing notwithstanding, we have adequate staff for the size of our company, we are also ahead on the experience curve in comparison to all other Free State (FS) municipalities in as far as electricity distribution industry (EDI) is concerned; We have well- conceived functional areas with relative all round managerial, technical and administrative skills; HR Capital Challenges: What seem to pull us back is the modern skills that are required for the smart electrical networks of not so far, in future. The long-time stability of the EDI has enabled longevity of employment unparalleled in most other businesses. As a result, CENTLEC finds itself with an aging workforce that has begun to rapidly dissipate. The retiring workers take with them decades of institutional knowledge and expertise. This leaves us with the challenge of reaching, recruiting, training and retaining new employees. Secondly, as described above, entirely new expertise and experience is needed for CENTLEC to deal with the new components and complexities of the modern grid. This means new kinds of employees, with more and more information and communications technology (ICT) capabilities than ever before.
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Related to HR Capital Interpretation

  • Neutral Interpretation This Agreement constitutes the product of the negotiation of the parties hereto and the enforcement hereof shall be interpreted in a neutral manner, and not more strongly for or against any party based upon the source of the draftsmanship hereof.

  • 2Interpretation In this Agreement, unless the context otherwise requires:

  • General Interpretation In this Agreement:

  • Interpretation, etc Any of the terms defined herein may, unless the context otherwise requires, be used in the singular or the plural, depending on the reference. References herein to any Section, Appendix, Schedule or Exhibit shall be to a Section, an Appendix, a Schedule or an Exhibit, as the case may be, hereof unless otherwise specifically provided. The use herein of the word “include” or “including,” when following any general statement, term or matter, shall not be construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not no limiting language (such as “without limitation” or “but not limited to” or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or matters that fall within the broadest possible scope of such general statement, term or matter.

  • Interpretation; Effect When a reference is made in this Agreement to Sections, Exhibits or Schedules, such reference shall be to a Section of, or Exhibit or Schedule to, this Agreement unless otherwise indicated. The table of contents and headings contained in this Agreement are for reference purposes only and are not part of this Agreement. Whenever the words “include”, “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.”

  • Principles of Interpretation The following principles of interpretation apply to this Settlement Agreement:

  • Judicial Interpretation Should any provision of this Agreement require judicial interpretation, it is agreed that a court interpreting or construing the same shall not apply a presumption that the terms hereof shall be more strictly construed against any Person by reason of the rule of construction that a document is to be construed more strictly against the Person who itself or through its agent prepared the same, it being agreed that all parties have participated in the preparation of this Agreement.

  • INTEGRATION; INTERPRETATION The Loan Documents contain or expressly incorporate by reference the entire agreement of the parties with respect to the matters contemplated therein and supersede all prior negotiations or agreements, written or oral. The Loan Documents shall not be modified except by written instrument executed by all parties. Any reference to the Loan Documents includes any amendments, renewals or extensions now or hereafter approved by Lender in writing.

  • Interpretation; Governing Law This Agreement shall be construed as a whole and in accordance with its fair meaning and any ambiguities shall not be construed for or against either party. Headings are for convenience only and shall not be used in construing meaning. This Agreement shall be governed and interpreted in accordance with the laws of the State of New York without regard to the conflict of laws principles thereof.

  • Representation By Counsel; Interpretation The parties acknowledge that each party to this Agreement has been represented by counsel in connection with this Agreement and the transactions contemplated by this Agreement. Accordingly, any rule of Law, or any legal decision that would require interpretation of any claimed ambiguities in this Agreement against the party that drafted it has no application and is expressly waived.

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