Termination of Xxxxxxxx(s) from Employment Sample Clauses

Termination of Xxxxxxxx(s) from Employment. Upon the Borrower opting for any scheme or accepting any offer from his employer providing for any benefit for resigning or retiring from the employment prior to superannuation, or upon the employer terminating his employment for any reason or upon the Borrower resigning or retiring from the service of the employer for any reason whatsoever, then notwithstanding anything to the contrary contained in this agreement or any letter or document, the entire outstanding principal amount of the Loan as well as any outstanding interest and other dues thereon shall be payable by the Borrower to BANDHAN BANK from the amount or amounts receivable by him from the employer under such scheme or offer, or any terminal benefit, as the case may be. Provided however, that in the event of the said amount or amounts being insufficient to repay the said sums to BANDHAN BANK in full, the unpaid amount remaining due to BANDHAN BANK shall be paid by the Borrower in such manner as BANDHAN BANK may in its sole discretion decide and the payment will be made by the Borrower accordingly notwithstanding anything stated in Article 5.2, 5.3, 5.4 and the Schedule. The Borrower hereby irrevocably authorises XXXXXXX BANK to communicate with and receive the said amounts from his employer directly. The Borrower also authorises BANDHAN BANK to communicate with and receive any other amounts due to the borrower from outside agencies including amount of matured life insurance policies, annuity amounts, deposits assigned in BANDHAN BANK’s favour and appropriate the amounts towards his loan outstanding.
Sample 1Sample 2
AutoNDA by SimpleDocs

Related to Termination of Xxxxxxxx(s) from Employment

  • Separation from Employment Employees who leave the District with a vacation balance shall have their vacation balance cashed out. If vacation is loaded on July 1st, the vacation balance shall be pro-rated prior to cash out.

  • Re-employment After Voluntary Termination or Dismissal for Cause Where an employee voluntarily leaves the Employer's service, or is dismissed for cause and is later re-engaged, seniority and all perquisites shall date only from the time of re-employment, according to regulations applying to new employees.

  • Termination of Services 6.2. To promote a non-discriminatory work environment based on the principle of equality, employers and the trade union should adopt appropriate measures to ensure that employees with HIV and AIDS are not unfairly discriminated against and are protected from victimisation through positive measures such as:

  • Termination of Employment Executive's employment hereunder may be terminated under the following circumstances:

  • INCOME FROM EMPLOYMENT 1. Subject to the provisions of Articles 15, 17 and 18, salaries, wages and other similar remuneration derived by a resident of a Contracting State in respect of an employment shall be taxable only in that State unless the employment is exercised in the other Contracting State. If the employment is so exercised, such remuneration as is derived therefrom may be taxed in that other State.

  • Termination of Service Termination of Service shall mean the Executive's voluntary resignation of service by the Executive or the Bank's discharge of the Executive without cause, prior to the Early Retirement Date (Subparagraph I [K]).

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Transition to Retirement 24.1 An Employee may advise their Employer in writing of their intention to retire within the next five years and participate in a retirement transition arrangement.

  • Termination of Use or End of Season  At the conclusion of logging operations, ensure all conditions of these specifications have been met. Debris  Remove fallen timber, limbs, and stumps from the slopes, roadway, ditchlines, and culvert inlets. Do not undercut backslope No berms except as directed Keep clear of obstructions Add stable material or flume

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

Time is Money Join Law Insider Premium to draft better contracts faster.