Termination or Layoff Sample Clauses

Termination or Layoff. If a covered employee is laid off or terminated, he shall continue to receive dental insurance coverage for the remainder of the month of termination or layoff.
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Termination or Layoff. If an employee is terminated or laid off, he shall be paid all accrued and unused vacation, plus pro-rated vacation based on the number of months completed from the employee's anniversary date to the date of such termination or layoff and divided by twelve (12) to include accrued but unusual All Purpose Days.
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Termination or Layoff. The Board reserves the right to terminate employment for good cause. When the Board determines a layoff to be necessary, consideration will be given to seniority.
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Termination or Layoff. (a) An employee who voluntarily terminates his employment will be provided his final pay on the next regular pay day. An employee who is laid off will have his final pay mailed to his last known address on record with the Employer by registered mail within five (5) working days of termination. Providing the Employer is notified within forty-eight (48) hours that this Article is not being complied with, the employee will be entitled to four (4) hours at the straight time rate for each normal work day of non-compliance thereafter. An employee who is discharged shall be provided with his final pay immediately if the Employer's pay facilities are on site or as per article if the Employer's pay facilities are not on site, Employers will provide one hour's notice of layoff or one hour's pay in lieu of notice to employees who are to be laid off.
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Termination or Layoff. Termination or layoff is an action of separation through which the University terminates the services of a faculty member with senior faculty status or of a probationary faculty member or extraordinary faculty member before the expiration of his/her contract without prejudice as to performance.
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Related to Termination or Layoff

  • Termination or Abandonment Notwithstanding anything contained in this Agreement to the contrary, this Agreement may be terminated and abandoned at any time prior to the Effective Time, whether before or after any approval of the matters presented in connection with the Merger by the stockholders of the Company:

  • Expiration or Termination A. Owner shall have the right, upon thirty (30) days prior written notice to Operator, to terminate this Agreement in its entirety, upon or after the happening of one or more of the following events, if said event or events shall then be continuing:

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Voluntary Termination or Reduction The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each reduction of the Commitments pursuant to this Section 2.06(b) shall be in an amount that is $5,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.08, the total Revolving Credit Exposures would exceed the total Commitments.

  • Notice of Voluntary Termination or Reduction The Borrower shall notify the Administrative Agent of any election to terminate or reduce the Commitments under paragraph (b) of this Section at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of the Commitments of a Class delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.

  • Termination or Release (a) This Agreement and the security interests granted hereby shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement, the L/C Exposure has been reduced to zero and the Issuing Bank has no further obligation to issue Letters of Credit under the Credit Agreement.

  • Termination of Use These terms and Your access to Our Website may be terminated by Us (at Our sole discretion) at any time without notice or any requirement to give You a reason why. In the event of termination under this clause We shall have no liability to You whatsoever (including for any consequential or direct loss You may suffer).

  • Termination of the Lease In terminating the Lease, the following procedures shall be followed by the Authority and Tenant:

  • TERMINATION OR SUSPENSION 10.1. The CONTRACTOR shall be considered in material default of this Agreement and such default will be considered cause for the CITY to terminate this Agreement, in whole or in part, as further set forth in this section, for any of the following reasons: (a) failure to begin work under the Agreement within the times specified under the Notice(s) to Proceed, or (b) failure to properly and timely perform the services to be provided hereunder or as directed by the CITY, or (c) the bankruptcy or insolvency or a general assignment for the benefit of creditors by the CONTRACTOR or by any of the CONTRACTOR's principals, officers or directors, or (d) failure to obey laws, ordinances, regulations or other codes of conduct, or (e) failure to perform or abide by the terms or spirit of this Agreement, or (f) for any other just cause. The CITY may so terminate this Agreement, in whole or in part, by giving the CONTRACTOR at least 3 calendar days’ written notice.

  • Termination of Contract for Cause 5.1.1 If A-E breaches any of the covenants or conditions of this CONTRACT, COUNTY shall have the right to terminate this CONTRACT upon ten (10) days written notice prior to the effective day of termination.

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