Return Obligation definition

Return Obligation. A bargaining-unit member who takes parental leave must return for one year of full-time service. A faculty member or librarian who takes a parental leave either immediately preceding or immediately following a sabbatical leave must return for one-and-a-half years of full-time service.
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Return Obligation shall have the meaning specified in Section 3(c) hereof.
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Return Obligation. A bargaining-unit member who takes parental leave must return for one year of full-time service. A faculty member or librarian who takes a parental leave either immediately preceding or immediately following a sabbatical leave must return for one-and-a-half years of full-time service. 10▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/sites/▇▇▇▇▇▇.▇▇▇/files/content/policies/board/personnel/Personnel_Fa 11▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/sites/▇▇▇▇▇▇.▇▇▇/files/content/policies/board/academic/Fac_Consultin 12▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/bot/policies?field_bot_policy_subject_tid=191&title=&=Apply Postponement and Restoration of TDY for Parental Status: The tenure decision year of a non-tenured faculty member who becomes the biological or adoptive parent of a child under five years of age will be delayed for one year upon written notification of the birth or adoption by the faculty member to the Department Chair, no later than six months after the birth or adoption of the child. A faculty member whose tenure decision year has been postponed under this provision and wishes to have the tenure decision year restored to its original date may do so by written notification to the Department Chair no later than three months prior to the start of the original tenure decision year.
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Examples of Return Obligation in a sentence

  • If any return of a distribution pursuant to this 11.4 is required to be made pursuant to this 11.4 after the date of the final liquidating distribution of the Company, then, as set out in the Advisory Agreement, the Adviser Return Obligation shall be recomputed to take into account the post-liquidation payments required by this 11.4 if and to the extent the obligation to make such payments had not previously been taken into account when initially determining the Adviser Return Obligation.

  • To the fullest extent permitted by law, amounts paid by the Adviser pursuant to the Adviser Return Obligation shall be distributed to the Members in accordance with 9.2.

  • In the case of an early termination, the Adviser Return Obligation under Section 6(d) will not apply in connection with a Final Incentive Fee Payment.

  • Adviser Return Obligation As set forth in 9.4.2. Advisory Agreement As set forth in 5.2.1.

  • Subject to the Adviser Return Obligation (described in Section 6(d)), the Company shall pay the Adviser an incentive fee (the “Incentive Fee”) as follows.

  • The Adviser Return Obligation shall be recomputed to take into account any post- liquidation returns of distributions made by Members pursuant to 11.4 of the LLC Agreement, and any additional Adviser Return Obligation triggered by such post- liquidation returns shall be made by the Adviser contemporaneously with such post- liquidation returns by the Members.

  • In no event shall the Adviser Return Obligation be enforceable for the benefit of any Person other than the Adviser and the holders of Units, their successors and their assigns.

  • Subject to the Adviser Return Obligation (described in Section 6(c)), the Company shall pay the Adviser an incentive fee (the “Incentive Fee”) as follows.

  • In the case of an early termination, the Adviser Return Obligation under Section 6(c) will not apply in connection with a Final Incentive Fee Payment.

  • The Adviser Return Obligation shall be recomputed to take into account any post-liquidation returns of distributions made by Members pursuant to 11.4 of the LLC Agreement, and any additional Adviser Return Obligation triggered by such post-liquidation returns shall be made by the Adviser contemporaneously with such post-liquidation returns by the Members.

Related to Return Obligation

  • Net Obligation means the amount owed to PJMSettlement and PJM for purchases from the PJM Markets, Transmission Service, (under Tariff, Parts II and III , and other services pursuant to the Agreements, after applying a deduction for amounts owed to a Participant by PJMSettlement as it pertains to monthly market activity and services. Should other markets be formed such that Participants may incur future Obligations in those markets, then the aggregate amount of those Obligations will also be added to the Net Obligation.

  • Loan obligation means a bond, note, or other evidence of an obligation issued by a qualified borrower.

  • Service obligation means the contractual obligation undertaken by an individual under section 2705 or section 2707 to provide health care services for a determinable time period at a site designated by the department.

  • Reference Obligation means an obligation used for the purposes of determining the cash settlement value of a credit derivative;

  • Current Pay Obligation Any Collateral Obligation that would otherwise be treated as a Defaulted Obligation but as to which no payments are due and payable that are unpaid and with respect to which the Collateral Manager has certified to the Trustee (with a copy to the Collateral Administrator) in writing that it believes, in its reasonable business judgment, that the Obligor of such Collateral Obligation (a) is current on all interest payments, principal payments and other amounts due and payable thereunder and will continue to make scheduled payments of interest thereon and will pay the principal thereof and all other amounts due and payable thereunder by maturity or as otherwise contractually due, (b) if the Obligor is subject to a bankruptcy proceeding, it has been the subject of an order of a bankruptcy court that permits it to make the scheduled payments on such Collateral Obligation and all interest payments, principal payments and other amounts due and payable thereunder have been paid in Cash when due and (c) the Collateral Obligation has a Market Value of at least 80% of its par value.