Accrued Employee Liabilities definition

Accrued Employee Liabilities means amounts accrued or owing to Employees in respect of all periods prior to the Closing Date (including amounts for wages, salaries, vacation, bonus, incentive, commission, overtime, benefits, lieu time, banked time or any other amounts) regardless of whether such amounts are otherwise due or payable as of the Closing Date.

Accrued Employee Liabilities has the meaning set forth in Section 6.9(b).

Accrued Employee Liabilities shall have the meaning set forth in Section 1.2(a)(vi) of this Agreement.

Examples of Accrued Employee Liabilities in a sentence

• Questions and comments about the Leaf Program agenda item are listed in Appendix B.

• In addition to any other obligations under this Article 8, the Purchaser shall be responsible for the Accrued Employee Liabilities for the periods prior to the Time of Closing.

• I am interested in using the burgeoning data in electronic health records for physician quality measurement.

• To the extent that the Accrued Employee Liabilities and/or the Customer Rebate Obligations determined as of the Closing Date are greater than the amounts set forth in Section 3.1.2(a) or 3.1.2(b), respectively, the Purchase Price payable by Buyer to Seller at Closing shall be correspondingly reduced.

• Likewise, to the extent the amount of the Accrued Employee Liabilities and/or the Customer Rebate Obligations determined as of the Closing Date are less than such amounts, the Purchase Price payable by Buyer to Seller at the Closing shall be correspondingly increased.

More Definitions of Accrued Employee Liabilities

Accrued Employee Liabilities means accrued liabilities for paid time off, vacation and sick time with respect to Business Employees as of the Closing Date.

Accrued Employee Liabilities means any Employment Costs (as defined in Schedule 6) or other liabilities relating to the employees of the Business accrued or referable to the period up to and including, and outstanding as at, the Effective Time;

Accrued Employee Liabilities means the aggregate liabilities of the Vendor and the Company for accrued statutory and floating holiday pay and regular and supplementary vacation pay, sick pay, banked overtime, floater hours, alternative days off, deferred statutory holiday pay, personal days or other paid time-off as set forth in the Books and Records with respect to the Employees as at the Closing Date.

Accrued Employee Liabilities shall have the meaning set forth in Section 1.1(b).

Accrued Employee Liabilities any liability or obligation for accrued but unpaid salary, wages, overtime pay, vacation pay, holiday pay, bonuses, commissions and similar amounts owing to Employees (and applicable deductions at source and payroll levies arising therefrom) in connection with the period prior to the Closing, and all accrued statutory vacation pay, for the Transferred Employees;

Accrued Employee Liabilities has the meaning ascribed to it in Section 9.2.

Accrued Employee Liabilities means any and all liabilities related to Employees which, in accordance with GAAP and as of the Closing Date, would be required to be included in the financial statements of the Pinehurst Entities, including all wages, salaries, commissions, bonuses, severance pay, vacation, sick leave, other paid leave, benefits, and other compensation or remuneration to Employees and Former Employees for or on account of employment.