Loaning definition
Examples of Loaning in a sentence
The Loaning Agency agrees to perform the following additional responsibilities: [LIST ANY ADDITIONAL RESPONSIBILITIES OR, IF NONE, DELETE THIS ENTIRE PARAGRAPH].
The Requesting Agency's timekeeper will report the Employee's time and attendance to the Loaning Agency's timekeeper [name of loaning agency's timekeeper] (telephone [telephone number]; facsimile [facsimile number]) on a biweekly basis, and it will advise the Loaning Agency of the type and amount of any leave used during that period.
Upon request by the Loaning Agency, using the performance plan issued to the Employee, the Requesting Agency will provide in writing a descriptive evaluation of the Employee's performance and submit it to the Loaning Agency no later than September 30 of the calendar year or earlier if the detail ends prior to that date.
During the Loan Period, the Player will have no work-related obligations for the Loaning Team unless otherwise agreed by the parties in writing.
If the box in the table above specifies that player consent to the Loan has been previously obtained, then the Loaning Team represents and warrants to the Receiving Team that the Player has provided advance consent for the Loan in the text of the Player Agreement.
The Receiving Team desires to acquire the services of the Player on a temporary basis and the Loaning Team has agreed to make such services available to the Receiving Team on a temporary basis.
During the Loan Period, the Receiving Team will assume the Loaning Team’s rights and obligations under the Player Agreement with respect to the Player’s participation in (and time off from) training, streaming, matches and sponsor events.
During the Loan Period, the Receiving Team will also assume the Loaning Team’s rights and obligations under the Player Agreement with respect to advertising, endorsement and sponsorship contracts unless otherwise agreed by the Player and the Receiving Team in writing.
The Loaning Team shall pay all necessary employment taxes regarding the Player, report the Player’s income to the appropriate tax authorities, and withhold all taxes from the Player’s income, as required by law.
The salary and benefits of the detailed employee will continue to be paid by the Loaning Agency.