NO CARRY-FORWARD Sample Clauses

NO CARRY-FORWARD. Unless otherwise required by applicable wage and hour law, the Executive shall not be entitled to carry forward any vacation days in the years subsequent to the year during which the Executive accrued such vacation.
Sample 1
NO CARRY-FORWARD. If the 2003 EBITDA Amount is greater than the highest EBITDA amount listed in row entitled "EBITDA" on Schedule 12.2(b), the 2003 Upside Payment shall equal the maximum amount indicated in the row entitled "Total Upside Payment" for 2003 on Schedule 12.2(b) hereof. There shall be no carry-forward of the amount by which the 2003 EBITDA Amount exceeds such highest amount listed in row entitled "EBITDA" on Schedule 12.2(b) for purposes of calculating the 2004 Upside Payment.
Sample 1
NO CARRY-FORWARD. The Executive may not without the consent of the Board ---------------- carry forward any unused holiday entitlement to any subsequent year such unused holiday will be forfeited without pay.
Sample 1
NO CARRY-FORWARD. Any amount that is not deductible under Section 5.3.5.1 above in a given calendar year (e.g. due to the fact that the minimum floor has been reached) cannot be carried forward to the following calendar year(s).
Sample 1
NO CARRY-FORWARD. If the Executive does not use all of the vacation entitlement in a given year (calculated by reference to the anniversary date of this Agreement), the unused vacation benefit will be carried forward into the succeeding year (the “Carry Forward Vacation”); provided, however, that MGC’s obligation to provide vacation as set forth in this paragraph 5.1 shall be reduced by the amount of Carry Forward Vacation, if any. If the Executive’s employment ceases prior to the end of a given year (calculated by reference to the anniversary date of this Agreement), the Executive’s vacation entitlement for that year will be pro-rated.
Sample 1
NO CARRY-FORWARD. The Employee may not without the written consent of the Company carry forward any unused vacation entitlement to any subsequent year.
Sample 1
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NO CARRY-FORWARD. ‌ Professional Development or staff training days not used in one (1) year shall not carry forward to the following year.
Sample 1

Related to NO CARRY-FORWARD

  • Senior Certificates Class 1-A-1, Class 1-A-2, Class 1-A-3, Class 1-A-4, Class 1-A-5, Class 1-A-6, Class 1-A-7, Class 1-A-R, Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 2-A-5, Class 2-A-6, Class 2-A-7, Class 3-A-1, Class 3-A-2, Class 3-A-3, Class 3-A-4, Class 3-A-5, Class 3-A-6 and Class 3-A-7 Certificates.

  • Class A Certificates 7 Class I-A Certificates.........................................................................7 Class I-B-1 Certificates.......................................................................8 Class I-B-2 Certificates.......................................................................8 Class I-B-3 Certificates.......................................................................8 Class I-B-4 Certificates.......................................................................8 TABLE OF CONTENTS (continued) Class I-B-6 Certificates.......................................................................8 Class II-A Certificates........................................................................8 Class II-B-1 Certificates......................................................................8 Class II-B-2 Certificates......................................................................8 Class II-B-3 Certificates......................................................................8 Class II-B-4 Certificates......................................................................8 Class II-B-5 Certificates......................................................................8 Class II-B-6 Certificates......................................................................8

  • Carryover Reserve Fund (a) On the Closing Date, the Trustee shall establish and maintain in its name, in trust for the benefit of the Holders of the Certificates, the Carryover Reserve Fund and shall deposit $1,000 therein. The Carryover Reserve Fund shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including without limitation, other moneys held by the Trustee pursuant to this Agreement.

  • Carryover Notwithstanding any other provision of this Section 6, no adjustment shall be made to the number of shares of Common Stock to be delivered to the Warrantholder (or to the Exercise Price) if such adjustment represents less than 1% of the number of shares to be so delivered, but any lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall amount to 1% or more of the number of shares to be so delivered.

  • Realized Losses Realized Losses shall be allocated first against the Overcollateralization Amount, until the Overcollateralization Amount has been reduced to zero. If, after giving effect to the distribution of the Principal Distribution Amount on any Distribution Date the aggregate Class Certificate Balance of the Offered Certificates exceeds the Pool Principal Balance as of the end of the related Due Period, such excess will be allocated against the Class B-3, Class B-2, Class B-1, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, in that order and until the respective Class Certificate Balances thereof are reduced to zero.

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