Entitling Event definition

Entitling Event means death, disability or retirement at the age of 60 or more.
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Entitling Event means death, disability or retirement at the age of 60 or more. The Company’s Contribution to the Policy and/or Pension Fund shall be calculated solely based on the Salary, and the Employee’s entitlement to severance pay, if any, shall be calculated solely based on the Salary and no other payment, right or benefit to which the Employee is entitled (if entitled) under this Agreement, by law or otherwise shall be taken into account in such calculations.
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Entitling Event means death, disablement or retirement at the age of 60 or over) - in that case, you shall not be entitled to the Severance Component or any severance pay and the Company shall be entitled to demand repayment of the monies accrued for severance pay in the Pension Insurance Policy.
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Examples of Entitling Event in a sentence

  • The Company waives all rights to have its payments refunded, unless Executive’s right to severance pay is denied by a judgment according to sections 16 or 17 of the Severance Pay Law or in the event that Executive withdraw monies from the Policy in circumstances other than an Entitling Event, where an “Entitling Event” means death, disablement or retirement at the age of 60 or over.

  • In the absence of suchdesignation, the Chairman of the Board of Directors shall be the Chief Executive Officer of the Corporation.

  • Juda, Jr., on January 5, 2022; and WHEREAS, the City Council is empowered to waive the requirement of residency in those instances where the employer has difficulty hiring or promoting the most qualified person because of the residency requirement; NOW, THEREFORE, BE IT RESOLVED, that pursuant to Chapter 5-38 of the Municipal Code of the City of Lackawanna the residency requirement for Heather Baumeister, Assistant City Attorney be and the same is hereby waived.

  • The Company will waive all rights to the sums it has contributed the Scheme, unless the Executive’s right to severance pay has been revoked by a judgment by virtue of Section 16 or 17 of the Severance Pay Law, 1963, and to the extent so revoked and/or the Executive has withdrawn money from the Pension Fund or Insurance Fund other than by reason of an Entitling Event; in such regard “Entitling Event” means death, disability or retirement.

  • The Company waives all rights to have its payments refunded, unless Executive's right to severance pay is denied by a judgment according to sections 16 or 17 of the Severance Pay Law or in the event that Executive withdraw monies from the Policy in circumstances other than an Entitling Event, where an “Entitling Event” means death, disablement or retirement at the age of 60 or over.

  • In the event that the consideration received in the context of an Entitling Event is payable in installments, Yeda shall be entitled to receive payments from each installment paid in accordance with the provisions of this Section 10.5, until its entitlement to payment hereunder has been fully satisfied.

  • The Company waives all rights to have its payments refunded, unless your right to severance pay is denied by a judgment according to sections 16 or 17 of the Severance Pay Law or in the event that you withdraw monies from the pension arrangement in circumstances other than an Entitling Event, where an “Entitling Event” means death, disablement or retirement at the age of 60 or over.


More Definitions of Entitling Event

Entitling Event means any of the following: (i) the issuance of shares of any class (including securities convertible to shares) of the Company which grant the holder(s) thereof 50% or more of the issued and outstanding share capital of the Company or of any means of control of the Company; or (ii) a consolidation, merger or reorganization of the Company with or into another entity, or (iii) a sale or an assignment (other than to an Affiliated Entity) of all or substantially all of the Company’s assets, or substantially all of the Company’s issued and outstanding capital stock, or the granting of an exclusive license in all or substantially all of the Company’s strategic assets (other than the granting of such license to an entity within the Biogal Group or an Affiliated Entity thereof) in which the consideration for the granting of such license is payable in whole or in part in one or more payments in cash or cash equivalent (provided that a bona fide transaction with a third party in which the sole consideration for the granting of such a license shall be royalties based upon future sales of Products shall not be deemed an “Entitling Event” hereunder). For the purposes of this definition, references to the Company shall include any member of the Biogal Group and/or any successor or assign thereof and/or an Affiliated Entity thereof that is a Sublicensee pursuant to Section 9 below.
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Entitling Event means death, disability or retirement at the age of sixty (60) or more. ______________________ BioLine ______________________ Employee
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Related to Entitling Event

  • Sporting event means any of the following athletic activities that is organized, operated, managed, or sponsored by the School:

  • designated sporting event generally means any association football match, whether national or international. The full legal definition of the different classes of designated sporting events may be found in the Sports Grounds and Sporting Events (Designation) (Amendment) Order 2011, under Article 2(1) and 2(2) of Schedule 2.

  • Disabling Event means the General Partner ceasing to be the general partner of the Partnership pursuant to Section 17-402 of the Act.

  • Qualifying Event means, during the Participant’s Services with the Company and its Affiliates, the Participant’s death or Disability.

  • Delaying Event means any failure of a Party to perform any of its obligations set forth in this Agreement, caused in whole or in part by:

  • Terminating Event means any of the following events:

  • Disqualifying Event has the meaning specified in the definition of “Eligible Currency”.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Training Event means either a Course or Online Training, or both.

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Financing Event means the earlier of (i) a public offering by the Company of its Common Stock with aggregate gross proceeds of at least $5 million; or (ii) the listing of the Company’s Common Stock on a National Securities Exchange, as such term is defined under the Exchange Act.

  • Capital Disqualification Event has the meaning specified in Section 1.1 of the Indenture.

  • Sharing Event means (i) the occurrence of any Event of Default with respect to any Borrower pursuant to Section 12.05, (ii) the declaration of the Total Revolving Loan Commitment termination, or the acceleration of the maturity of any Revolving Loans, in each case pursuant to the last paragraph of Section 12 or (iii) the failure of any Borrower to pay any principal of, Face Amount of, or interest on, Revolving Loans or any Letter of Credit Obligations on the Maturity Date.

  • Vesting Event means the earliest to occur of the following events:

  • Good Reason Event means (1) fraud, criminal conduct or willful misconduct by or on the part of the Company, (2) a representation or warranty made by the Company herein proving to be untrue in any material respect, or (3) a default in the due performance or observance by the Company of any covenant or agreement contained in this Agreement and such default continuing unremedied for a period of 30 days after written notice thereof to the Company by the Dealer Manager.

  • MREL Disqualification Event means that, at any time, all or part of the outstanding nominal amount of Securities is or will be excluded fully or partially from the eligible liabilities available to meet the MREL Requirements provided that: (a) the exclusion of a Series of such Securities from the MREL Requirements due to the remaining maturity of such Securities being less than any period prescribed thereunder, does not constitute a MREL Disqualification Event; (b) the exclusion of all or some of a Series of Securities due to there being insufficient headroom for such Securities within a prescribed exception to the otherwise applicable general requirements for eligible liabilities does not constitute a MREL Disqualification Event; and (c) the exclusion of all or some of a Series of Securities as a result of such Securities being purchased by or on behalf of the Issuer or as a result of a purchase which is funded directly or indirectly by the Issuer, does not constitute a MREL Disqualification Event.

  • Private event means a social gathering or event attended

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Realization Event means (i) the consummation of a Sale of the Company; or (ii) any transaction or series of related transactions in which the Investor sells at least 50% of the Shares directly or indirectly acquired by it (from the Company or otherwise) and at least 50% of the aggregate of all Investor Investments.

  • Put Event means the occurrence of any of the following:

  • Flip-in Event means a transaction in or pursuant to which any Person becomes an Acquiring Person;

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • TLAC Disqualification Event means OSFI has advised the Bank in writing that the bail-inable notes issued under the applicable pricing supplement will no longer be recognized in full as TLAC under the TLAC Guideline as interpreted by the Superintendent, provided that a TLAC Disqualification Event will not occur where the exclusion of those bail-inable notes from the Bank’s TLAC requirements is due to the remaining maturity of those bail-inable notes being less than any period prescribed by any relevant eligibility criteria applicable as of the issue date of those bail-inable notes.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Special Event means any of a Tax Event, an Investment Company Event or a Capital Treatment Event.

  • Key Person Event means at any time during the Commitment Period (i) [__]4 ceases to devote time and attention for any reason, including death, disability or retirement, as required under Section 9.2 (Time and Attention) to the Fund[, the Prior Funds] and any Successor Fund permitted in accordance with this Agreement; or (ii) there is a Change of Control.