Concurrently definition

Concurrently means that an employee cannot take EPL and another form of paid leave to cover the same period of absence. In essence, the employee cannot receive double pay for the same period of time. EPL is used “in place of” other paid leave an employee might otherwise use. Employees may use other types of paid time off during the same day, or within the same pay period, but the other paid time off cannot be applied to hours already covered by EPL.
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Concurrently means that this benefit runs at the same time as other types of leave for which a faculty member may be eligible (i.e., is not “in addition to” those leaves).
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Concurrently means at the same time, in addition to instructions that are injected and submitted to a settlement attempt for which the Real-time settlement time KPI applies - Objective 2: Enhance the processing capacity of 1200 transactions per minute in case of concentration of resources in order to reach an improved timeframe for the recycling and settlement of up to circa 350.000 transactions during RTS. Description of requested change: This change request is fully dedicated to the first objective7 with two new enhancements. These two enhancements- (1) creations of sub-sets and (2) modified sorting method - will be implemented in the Settlement domain (SETT), in order to enhance the Corporate Actions settlement capacity processing and to address the potential side-effects of massive settlement attempts on the following processes during RTS:• Standardization and Preparation to Settlement (SPS) for cases of Intraday restriction removal.• Regular Recycling (only creation of sub-sets).• Start of RTS8 The two enhancements shall focus on Corporate Actions and is implemented in a way to tackle only those specific scenarios, being neutral for non-Corporate Action-related transactions for all CSDs. As a basis, in order to always meet the SLA for the Real-time settlement time KPI, the Corporate Action transactions that are submitted to a settlement attempt directly following the injection of the associated settlement instructions during RTS are not subject to this new mechanism for their first settlement attempt. The two enhancements are described below. Firstly, for Corporate Action transactions that are submitted to a settlement attempt by one of the three RTS processes mentioned above, sub-sets of the whole set of Corporate Action collections sent are created before sending them to the provisioning/booking. This will improve performance during the booking process. As a result, the Real-time settlement KPI will remain fully compliant to the SLA for all CSDs. Secondly, the transaction sorting method for Corporate Actions that would be submitted to RTS settlement processes mentioned will be changed in order to prevent at any time of the RTS period the Settlement processes mentioned above from overflow and high CPU consumption. This new Corporate Action sorting method aims at avoiding any unsettled report thanks to a global analysis of the Corporate Action transactions, thus reducing the number of potentially unsettled Corporate Action transactions processed by the Recycling a...
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Examples of Concurrently in a sentence

  • Concurrently with each such payment, Agent shall identify whether such payment (or any portion thereof) represents principal, premium, fees, or interest of the Obligations.

  • Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the shares (the “Original Certificate”), or effect such delivery in book-entry form.

  • Concurrently with the foregoing, the Master Servicer may pursue any remedies that may be available in connection with a breach of a representation and warranty with respect to any such Mortgage Loan in accordance with Sections 2.03 and 2.04.

  • Concurrently with the issuance of such Notes, the Trustee shall cause the aggregate principal amount of the applicable Restricted Global Notes to be reduced accordingly, and the Company shall execute and the Trustee shall authenticate and deliver to the Persons designated by the Holders of Definitive Notes so accepted Definitive Notes in the appropriate principal amount.

  • Concurrently, the draft CRP will also be provided to the Market Monitoring Unit for its review and consideration of whether market rule changes are necessary to address an identified failure, if any, in one of the ISO’s competitive markets.

  • Concurrently with the sale of the Receivables to the Trust pursuant to the Sale and Servicing Agreement, the Owner Trustee shall cause the Certificate to be executed on behalf of the Trust, authenticated and delivered to or upon the written order of the Depositor, signed by its chairman of the board, its president or any vice president, its treasurer or any assistant treasurer without further corporate action by the Depositor, in authorized denominations.

  • Concurrently with the execution of this Agreement, the Depositor shall assign its interest under this Agreement with respect to the Mortgage Loans to the Trustee, and the Trustee then shall succeed to all rights of the Depositor under this Agreement.

  • Concurrently with such assignment and delivery and in exchange therefor, the Trustee, pursuant to the written request of the Depositor executed by an officer of the Depositor, has executed, authenticated and delivered to or upon the order of the Depositor, the Certificates in authorized denominations.

  • Concurrently, the Market Monitoring Unit’s evaluation will be provided to the Board.

  • Concurrently, the draft report will be provided to the Market Monitoring Unit for its review and consideration.


More Definitions of Concurrently

Concurrently means that both deficits in intellectual functioning and deficits in adaptive behavior have to exist at the same time.
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Concurrently means at the same time, simultaneously.
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Concurrently means using the FMLA leave along with paid parental leave. FMLA leave is an unpaid, job-protected leave (which may be supplemented with paid vacation or sick leave). Paid parental leave is income replacement while out for birth or adoption of a child. For every hour of paid parental leave, an hour of FMLA must also be tracked, when eligible.
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Concurrently means(1) simultaneously in time, or (2) at different times during the course of a common treatment schedule.
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Concurrently means at the same time, in addition to instructions that are injected and submitted to a settlement attempt for which the Real-time settlement time KPI applies settlement attempt10. These enhancements aim to handle such exceptional massive concurrent settlement attempts for one CSD without impact on the other CSDs.- Objective 2: Enhance the processing capacity of 1200 transactions per minute in case of concentration of resources11 in order to reach an improved timeframe for the recycling and settlement of up to circa350.000 transactions during RTS Description of requested change: This change request is fully dedicated to the first objective with a new mechanism to be implemented in the Settlement domain (SETT), in order to enhance the optimisation process in case of a high volume of Corporate Actions during RTS, in order to:• prevent the settlement performance deterioration;• avoid bottlenecks due to the triggering of the one-by-one optimisation process• accelerate the optimisation process for high-volume corporate actions. In order to improve the optimisation process during RTS, it is also planned with the T2S CR-761 “Enhance optimisation during RTS and maximize transaction throughput on the same resource” to remove the transactions with no possibility of being settled due to a lack of securities. The change hereafter does not impact the settlement of high-volume corporate actions at their first attempt. Instead, it introduces a slightly deferred optimisation process which applies to:• corporate actions (group of transactions with ISO transaction code CORP type, same ISIN and same Instructing Party CSD12)13• for which the number of unsettled transactions goes beyond a pre-defined threshold.14 In case such a ‘high-volume’ corporate action is identified:• this corporate action is considered as one collection of transactions with CORP type with the same ISIN and same Instructing Party CSD,.and will trigger an event that will allow to manage this corporate action separately from the standard optimisation process;• a slightly deferred optimisation process is triggered; this process will be built on the same algorithm as the one-to-one optimisation process but will be triggered at a pre-determined frequency15, to be defined later on during the implementation phase. The slightly deferred optimisation for corporate action transactions will be based on the following principle:• Unsettled transactions belonging to a ‘high volume corporate action present in the stoc...
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Related to Concurrently

  • Concurrent User means an end user authorized by You to access and use the Server Software or a non-human operated Device configured by or for You to access and use the Server Software.

  • Concurrent Users means the number of users registered in the Software who are able to use the Software functionalities at the same time.

  • Concurrent Financing means the various third party financing arrangements the Company is executing pursuant to the agreements described on Schedule 2.1(c)(i) (the “Concurrent Financing”) separate and apart from the transactions contemplated by this Agreement.

  • Concurrent review means utilization review conducted during a patient's hospital stay or course of treatment.

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Concurrent enrollment means the simultaneous enrollment of a qualified student in a district high school and in one or more postsecondary courses at an institution of higher education. Concurrent enrollment does not include a student’s simultaneous enrollment in: a district high school and in one or more secondary career and technical education courses, advanced placement courses, or international baccalaureate courses; an early college course and a postsecondary course; a p-tech school and a postsecondary course; or a district high school and a postsecondary course that does not fall within the definition of concurrent enrollment.

  • herewith refer to this Agreement as a whole. Except where otherwise expressly provided or unless the context otherwise necessarily requires: (i) reference to a given agreement, instrument, statute or regulation is a reference to that agreement, instrument, statute or regulation as modified, amended, supplemented and restated from time to time, and, as to a statute or regulation, any successor statute or regulation, (ii) accounting terms have the meanings given to them by GAAP applied on a consistent basis by the accounting entity to which they refer, (iii) references to "dollars" or "$" shall mean the lawful currency of the U.S., (iv) reference to a Person includes its successors and permitted assigns, (v) references to any term in this Agreement when used in the singular shall have the same meanings when used in the plural and vice versa, (vi) the masculine shall include the feminine and neuter, and vice versa, and (vii) "includes" or "including" means "including, for example and without limitation."

  • with Master Servicer" and by replacing paragraphs (1) and (2) of such section with the following:

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Existing Financing has the meaning set forth in the second recital to the Note Purchase Agreement.

  • Acquisition Notice has the meaning set forth in Section 2.6(a).

  • Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Alternative Acquisition Agreement has the meaning set forth in Section 6.3(d).

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Connection means the point at which a customer gains access to municipal services;

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Disposition Notice is defined in Section 5.2(a).

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • Original Closing Date means September 24, 2007, the date of the initial extension of credit under the Original Credit Agreement.

  • Pre-Release Transaction shall have the meaning set forth in Section 5.10.

  • Subsequent Closing Date means any date designated by the Depositor on which the Trust acquires Additional Home Equity Loans pursuant to Section 2.01(b) of the Sale and Servicing Agreement.

  • Escrow End Date means the 60th day following the Issue Date; provided that the Issuer may elect to extend the Escrow End Date for an additional 30 days on no more than two occasions so long as, not later than five Business Days prior to the scheduled Escrow End Date, (i) it provides prior written notice to the Escrow Agent and the Trustee and has issued a press release stating that it has extended the Escrow End Date and (ii) Lyondell Chemical Company has deposited cash into escrow with the Escrow Agent, to be held pursuant to the terms of the Escrow Agreement, in an amount sufficient to fund the redemption price due on the latest permitted date for the revised Special Mandatory Redemption in respect of all outstanding Notes and has certified that such amounts will be satisfactory for such purpose.