Employer default definition

Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers' fund or being in policy default, as defined in W. Va. Code § 23-2c-2, failure to maintain mandatory workers' compensation coverage, or failure to fully meet its obligations as a workers' compensation self-insured employer. An employer is not in employer default if it has entered into a repayment agreement with the Insurance Commissioner and remains in compliance with the obligations under the repayment agreement.
Employer default means having an outstanding balance or liability to the old fund or
Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers' fund or being in policy default, as defined in W. Va. Code § 23-2c-2, failure to maintain mandatory workers' compensation coverage, or failure to fully meet its obligations as a workers' compensation self-insured employer.

Examples of Employer default in a sentence

  • Any expenditure incurred in anticipation of the performance of the Services, provided however that the MSI has used its reasonable endeavors to mitigate the losses, costs, claims and expenses incurred, as a result of the termination of the Contract due to a Employer default (as set out in GCC Clause 18 b), to the extent that such losses, costs, claims and expenses are or may be incurred in connection with the performance of the Services.

  • If existing REST Super or REST Select cover for Death and TPD is greater than the entitled salary based REST Corporate cover, the member must receive salary based cover up to the plan / employer default insurance cover (i.e. Employer default is 15% of Salary).

  • Employer default contributions go into a MySuper product – which can only have one investment option – unless the consumer chooses another investment option (Select Investment Options).

  • If NGS Super is the Employer default fund and you join when first eligible, then regardless of age or physical condition, you will be granted an immediate default level of insurance which covers you in the event of death, total and permanent disablement and when you are unable to work in certain circumstances.

  • All Tax documents should bear the name and address of the Company’s works where the material is to be delivered along with the relevant GST number, failing which the Company shall have the right to return material or recover the cost incurred for such noncompliance.

  • This limits the deleterious reaction which occurs between ferrous iron and hydrogen peroxide known as the Fenton reaction which produces the highly damaging hydroxyl radical.

  • Otherwise, I agree that the Employer will make any superannuation contributions on my behalf to the Employer default superannuation fund.

  • If the I-9 Manager is not considered an E-Verify expert, Tracker suggests designating an organizational E-Verify expert as the point of contact in the Employer default settings to ensure E-Verify contacts a knowledgeable individual.Tracker will populate the default E-Verify Case Creator information for each client with contactinformation for each client’s primary support contact and set the default option to Always Send Default Case Creator Details.

  • Markey National Courts Building to ensure the health and safety of court personnel and those doing business with the court.

  • To this extent the Contract provides for the mitigation of any delay either by the Contractor for his own delay or by the employment of Special Measures in the case of Employer default.


More Definitions of Employer default

Employer default means having an outstanding balance or llablllty to the old fund or to the uninsured employers' fund or being In polloy default, aa defined In W, Vo, ⭯odo § 23-2c-2, f11IIL1ro to malntoln m,rndotory workeru' oompon111tlon coverage, or failure to fully meet Its obligations as a workers' compensation aelf-lnaurod omployor. An employer le not In employer default If It hos ontered Into a ropoyment agreement with the Insurance Commlsaloner and remains In compllanco with the obligations under the repayment agreement.
Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers' fund or being in policy default, as defined in W. Va. Code ~ 23-2c-2, failure to maintain mandatory workers' compensation coverage, or failure to fully meet its obligations as a workers' compensation self-insured employer. An employer is n01in employer default if it has entered into a repayment agreement with the Insurance Commissioner and remains in compliance with the obfigations under the repayment agreement.
Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers' fund or being in policy default. as defined in W. Va. Code§ 23-2c-2. failure to maintain mandatory workers' compensation coverage, or failure to
Employer default means having.an outstanding balanceorliabilityJotheold fund orto the uninsured employers' fund orbeing in policy default, asdefilledin W. Va; Code~. 23-2c-2, failure to maintain mandatory workers' compensation coverage, orfailureto'fullymeet its()b.ligationsasaWorkers~ compensation self-insured employer. An employer is not in employer defaulUf it has enteredint9arepaymenttigreementwith the Insurance Commissioner and remains in compliance with the obligations under the repaymentagn~ement.

Related to Employer default

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Default means any event which is, or after notice or passage of time or both would be, an Event of Default.