Redundancy Costs definition

Redundancy Costs means in relation to an employee, a payment in lieu of contractual notice, a statutory redundancy payment and any additional contractual redundancy pay which is required to be paid to the employee by virtue of their contract of employment as at the Service Transfer Date.
Redundancy Costs means statutory redundancy payments, contractual redundancy payments and contractual notice pay payable to the Secondees. Regulated Activity: means in relation to children as defined in Part 1 of schedule 4, and in relation to Vulnerable Adults as defined in paragraph 7(1) of schedule 4, of the SVGA.
Redundancy Costs means, in respect of a Transferring Employee, the redundancy sums reasonably incurred by the Service Provider within the period from the Relevant Transfer Date to the date which is three (3) months after the CC/LEZ Operational Commencement Date being:

Examples of Redundancy Costs in a sentence

  • Redundancy Costs to Realise Savings Reserve – provision for financing redundancy costs to realise budgetary savings.

  • Subject to clause 7.2, where a change to the Customer’s Site location results in Vodafone being required to terminate the employment of the On-Site Advisor by reason of redundancy, the Customer shall pay the Redundancy Costs to Vodafone within 30 days’ of receipt of an invoice.

  • It is a condition of this indemnity that the Supplier shall at all times act within its legal redundancy obligations and make all reasonable attempts to either redeploy the affected Staff, and/or mitigate any Redundancy Costs.

  • The term rainproof is typically used in conjunction with Enclosure Types 3R and 3RX.

  • Appendix 1 Indicative Redundancy Costs To assist in the initial preparation of a business case the table below has been produced, giving indicative statutory redundancy figures: Indicative Per Capita Premises Fit-Out Costs In practice the cost of fitting out premises will vary from service to service, and premises to premises.


More Definitions of Redundancy Costs

Redundancy Costs means the total sum of any of the following sums paid to Applicable Supplier Personnel, each amount apportioned between the Supplier and the Authority based on the time spent by such employee on the Services as a proportion of the total Service duration: any statutory redundancy payment; and in respect of an employee who was a Transferring Former Supplier Employee or a Transferring Authority Employee, any contractual redundancy payment (or where such a contractual benefit on redundancy is a benefit payable from a pension scheme, the increase in cost to the Supplier as a net present value compared to the benefit payable on termination of employment without redundancy), provided that such employee was entitled to such contractual redundancy payment immediately prior to his or her transfer to the Supplier under the Employment Regulations;
Redundancy Costs means a statutory or contractual redundancy or severance payment and a statutory or contractual notice payment paid to a Transferring Customer Employee under paragraph 1.1(h) or to an Exit Transfer Employee under paragraph 4.2(c), to which they are entitled as a matter of law, their employment contract or applicable collective bargaining agreement and includes any tax and/or employer social security contributions which Service Provider, Customer or Replacement Service Provider is obliged to pay to the relevant authorities as a result of making such payment to the employee;
Redundancy Costs means the total sum of any of the following sums paid to Applicable Staff, each amount apportioned between the Purchaser and the Service Provider based on the time spent by such employee on the Services as a proportion of the total Service Duration:
Redundancy Costs means the total sum of any of the following sums paid to Applicable Supplier Personnel, each amount apportioned between the Supplier and the Customer based on the time spent by such employee on the Services as a proportion of the total Service duration:- any statutory redundancy payment and in respect of an employee who was a Transferring Former Supplier Employee, any contractual redundancy payment (or where such a contractual benefit on redundancy is a benefit payable from a pension scheme, the increase in cost to the Supplier as a net present value compared to the benefit payable on termination of employment without redundancy), provided that such employee was entitled to such contractual redundancy payment immediately prior to their transfer to the Supplier via a Relevant Transfer on the Relevant Transfer Date
Redundancy Costs means the costs of terminating the employment of any Excluded Product Line Employees that are not offered employment by the purchaser of the Excluded Product Line with which such Excluded Product Line Employees are associated.
Redundancy Costs means any redundancy payment or payment in respect of notice; “Service Address(es)” means the premises at which the Company will provide the Services as set out in Appendix A;
Redundancy Costs means notice pay, statutory redundancy pay, contractual redundancy pay and any Losses incurred by the BBC or a Successor Operator in connection with any claims arising out of or in connection with the dismissal of any Relevant Employee pursuant to Clause 13.6.2.