Taking out insurance and other insurance Sample Clauses

Taking out insurance and other insurance related obligations of a League Team In accordance with the AAAPC, the employer must insure all the Finnish Elite League players with whom it has entered into an employment i.e. the player contract compliant with the player contract model. The employer must also insure so-called try out players, i.e. players with a trial period contract. The trial period contracts shall be consistent with the player contract model and shall include a possibility for the player to get the statutory benefits of the AAAPC. 2-3 salary levels, by which the potential injury pension of the players is determined, are included in the insurance contract. The level according which the player is insured during his trial period, is agreed in the player’s trial period contract. The employer is further obligated to take out an accident insurance for a player, who, during the season, does not receive in excess of the earnings limit prescribed by law as the lower limit of the insurance obligation. Compensations tied to the level of earnings of such player shall be the lowest earnings defined in the AAAPC (in 2020 the lower limit is EUR 11.650,00). The player-specific insurance cover taken out by the League Team (in accordance with the insurance contract) also covers each player after the season, as of 1 May, any temporary loss of earnings from the time when the player has not received pay during sick leave from his League Team. The calculation of compensation for loss of earnings (85 % of the salary for the injury season) is based (in 2020) on a maximum salary amount of EUR 121,310.00. This amount is adjusted each calendar year by the wage coefficient referred to in section 96 of the Employees Pensions Act (395/2006). Each League Team must provide the player with the mandatory accident insurance in accordance with the AAAPC and as a joint insurance, a so-called medical expenses insurance, as agreed between the Elite League and the insurance company. The employer shall, through the insurance it has taken out, ensure that the players are fully compensated for all accidents (incl. all medical-, medical treatment-, medical examination- and other rehabilitation expenses as well as illness compensations) in accordance with section 2 of the AAAPC that occur to players during the duration of their player contracts in connection with:
Sample 1
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Related to Taking out insurance and other insurance

  • Insurance and Other Benefits During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in the Company’s insurance programs and any ERISA benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be entitled to paid personal days on a basis consistent with the Company’s other senior executives, as determined by the Board. The Executive shall be bound by all of the policies and procedures established by the Company from time to time. However, in case any of those policies conflict with the terms of this Agreement, the terms of this Agreement shall control.

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  • Rent and Other Charges Base Rent, Taxes, Operating Expenses, and any other amounts which Tenant is or becomes obligated to pay Landlord under this Lease or other agreement entered into in connection herewith, are sometimes herein referred to collectively as "Rent," and all remedies applicable to the non-payment of Rent shall be applicable thereto. Rent shall be paid at any office maintained by Landlord or its agent at the Property, or at such other place as Landlord may designate.

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  • SETTLEMENT AND OTHER EXPENSES A. The following expenses must be paid at or prior to closing:

  • Rent and Other Payments This paragraph contains detailed commercial terms. ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

  • Fees and Other Charges (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

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