Break Premium definition

Break Premium shall have the meaning given to such term in Section 2.19(g).
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Examples of Break Premium in a sentence

  • Time worked on Employer established committees and committees mentioned in this contract will not count towards the Rest Between Shift/Shift Break Premium in Article 9.9, and will not count towards the calculation of overtime.

  • Time worked on Employer established committees and committees mentioned in this contract will not count towards the Rest Between Shift/Shift Break Premium in Article 9.9, and will not count as time worked towards the calculation of overtime.

  • The transaction license expected to close in the first half of 2017.

  • The Backstop Commitment Premium and the Break Premium shall be treated as a “put premium” paid to the Backstop Parties, for all U.S. federal income tax purposes (and, to the extent applicable, for state, local and non-U.S. tax purposes).

  • Any modification to the Backstop Commitment Percentage, the Backstop Commitment Premium, the Allocation Adjustment Credit or the Break Premium allocable to parties holding Tranche B Minimum Allocations shall require the consent of Backstop Parties holding at least 50% of the Tranche B Minimum Allocations, excluding all Backstop Parties holding both Tranche B Minimum Allocations and 2017 Term Loan Claims.