Inactive Sample Clauses

The 'Inactive' clause defines the conditions under which a party, account, or agreement is considered inactive or dormant. Typically, this clause outlines specific criteria such as a lack of activity or communication over a set period, and may detail the steps to be taken once inactivity is established, such as notification requirements or account suspension. Its core practical function is to provide a clear process for handling situations where engagement ceases, thereby reducing uncertainty and managing potential risks associated with inactivity.
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Inactive. “Inactive” shall mean that Contractor fails to generate one New Customer that enters into a new sales agreement with The Company in any sixty day period.
Inactive. At the 1-year mark following the beginning of the Club’s year, if a Club has not fulfilled all required expectations, the Club will be identified as “Inactive” and the Club’s charter or agreement will be withdrawn. - If a Club gets to “Inactive” status, all support items will be withheld from the Club and the Club’s listing on ▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ will be shown as INACTIVE with information to contact The Association’s Clubs Program to get the Club restarted. - The Club retains the right to withdraw as a chartered A&M Club of The Association of Former Students upon written request and by majority vote of Club members at a regular meeting.
Inactive. An Account status resulting when 200 points in PRV is not achieved during a single month. Inactivity, or being Inactive for three consecutive months, results in an Account Cancellation. Inventory on Hand Your supply of authentic Scentsy products that you previously ordered, physically stored or have in your possession. Level Each Consultant sponsored into your Downline, whether by you or another Consultant in your Downline, is organised into a structure that is based on layers of sponsorship. A Consultant’s Level to you is determined by the number of Sponsors, including only Current Consultants, between you and that Consultant. For example: You are always Level 0 in your Group. The Consultants you sponsor are your Level 1, or Frontline. The Consultants your Level 1 sponsors are your Level 2. The Consultants your Level 2 sponsors are your Level 3, etc. Lifetime PRV (LPRV) The sum total of all Personal Retail Volume (PRV) you have accumulated on your Account, from your enrolment date to the present date. LPRV is not lost or reset as a result of an Account Cancellation. Non-public Information Any information related to Scentsy that has not been announced publicly by Scentsy. This includes, but is not limited to, information about new products, processes, equipment, territories or sales areas, business changes, products or product lines, personnel, intellectual property and promotions. Personal Retail Volume (PRV) The point value of commissionable products. Personal Wholesale Volume (PWV) 75 percent of Personal Retail Volume (PRV). Principal Member Any director, officer, executive, sole proprietor, general partner or owner of 10 percent or more of a business entity who conducts sales through a direct sales channel, or anyone acting at the direction of a principal of another direct selling company. This does not include being an independent consultant or representative with another direct sales company. Product Credit An amount, equivalent to a British pound, which can be added to your Account and redeemed for product purchases. Also, a payment type that may be used on an order if there is a positive Product Credit balance. Rank A monthly qualification used to determine your rate of compensation. You will begin each month with the Rank of Escential Consultant, unless you have previously qualified for a Rank of Certified Consultant or higher (in which case, you will begin each month with the Rank of Certified Consultant). Your ending Rank each month is determine...
Inactive. If you have made no contact with ATB Financial for a period of one (1) year, then your Fixed Date Deposit’s Account will be designated as inactive: (a) If, at that time, the balance is under $250, then, after one (1) additional year, if ATB Financial is unable to contact you to re-activate the Fixed Date Deposit’s Account or you otherwise not re-activate the Fixed Date Deposit’s Account by conducting a transaction or acknowledging its balance, in writing, then, by law, its balance may be forfeited. You will then have three (3) additional years to reclaim its balance, after which time, ATB Financial will have no liability to reimburse you. (b) If, after the Fixed Date Deposit’s Account is designated as inactive and its balance, at that time, is $250 or greater, then, after one (1) additional year, ATB Financial is required, by law, to designate the Fixed Date Deposit’s Account as unclaimed. If the Fixed Date Deposit’s Account is designated as unclaimed for a period of ten (10) years, then ATB Financial is required, by law, to pay its balance to the Government of Alberta. You may be able to reclaim its balance by a reclamation process through the Government of Alberta. ATB Financial will, as required, attempt to contact you at or around 2, 4 and 7 years of inactivity with respect to the Fixed Date Deposit’s Account in order to re-activate it. Service charges may apply at those times. You also agree that, if at any time there are insufficient funds to cover the service charges applicable, that ATB Financial may terminate the Fixed Date Deposit’s Account without notice to you.
Inactive. Any Consultant who does not accumulate at least $200 sales volume in a rolling six-month period will be moved to Inactive Status. Upon being moved to Inactive Status, one of two things will happen:
Inactive. “Inactive” is defined as an employee not being in receipt of regular salary.
Inactive. Employees who have missed a random test through no fault of their own (not willful), a diluted test result or unsuitable test result. These employees can be tested and immediately go to work.
Inactive. A certificant who has failed to comply with all requirements necessary to maintain diplomate status.
Inactive. An Account status resulting when 150 points in Brand-specific PRV is not achieved during a single calendar month. Inactivity, or being Inactive for three consecutive calendar months, results in a Brand Cancellation and possibly Account Cancellation altogether.
Inactive. At the 1-year mark following the beginning of the Club’s year, if a Club has not fulfilled all required expectations, the Club will be identified as “Inactive” and the Club’s charter or agreement will be withdrawn.