VEDP definition

VEDP means the Virginia Economic Development Partnership Authority.
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VEDP means the Virginia Economic Development Partnership Authority. Additional Provisions Regarding New Jobs:Existing Jobs: If there are existing jobs at the firm’s facility (or at a contractor’s facility, if applicable), it is expected that the performanceagreement will state the number of existing jobs and will require that the new jobs be in addition to the existing jobs. Cross-Border Projects: For cross-border projects for which a significant percentage of the employees are current Virginia residents, the definition of “new jobs” is likely to be adjusted to count as “new jobs” only those positions that are net new jobs in the Commonwealth held by Virginia residents. Such a definition will exclude the number of current Virginia resident employees and the number of employees that are residents of border states. Job Maintenance: Generally, the new jobs must be created and maintained through the payment period for the VEDIG. Accordingly, any layoffs instituted by the VEDIG grantee through the payment period will be taken into account in determining compliance with the VEDIG grantee’s new job requirement. VEDP expects to use a definition of “maintain” that substantially reads as follows:
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Examples of VEDP in a sentence

  • VEDP has estimated that the Commonwealth will reach its “break-even point” by the Performance Date.

  • Such information shall be marked and considered confidential and proprietary and shall be used by VEDP solely for verifying satisfaction of the Capital Investment Target.

  • Any extension of the Performance Date requires prior approval by VEDP’s Project Review and Credit Committee (“PRACC”) and the VEDP Board of Directors.

  • The uncleaned materials should be disposed of according to that specified in the Section 13.

  • The forms shall be marked and considered confidential and proprietary and shall be used by VEDP solely for verifying satisfaction of the New Jobs Target.

  • The Company may not assign its rights and obligations under this Agreement without the prior written consent of the Locality, the Authority and VEDP.

  • In accordance with Virginia Code Section 60.2-114, VEDP is entitled to receive the Company’s employment level and wage information from the Virginia Employment Commission.

  • However, the implementation was stalled and VEDP was given this responsibility but Virginia's export ranking has remained almost unchanged.

  • The Company acknowledges that the name of the Company will be shared by VEDP with the Governor of Virginia, and any campaign committee or political action committee associated with the Governor.

  • It is not expected that this date will ever be earlier than the date that the company received an incentive proposal from VEDP.

Related to VEDP

  • CORA means the Colorado Open Records Act, §§24-72-200.1 et. seq., C.R.S.

  • IOSCO means the International Organisation of Securities Commissions.

  • Graywater means untreated wastewater that has not been contaminated by any toilet discharge, has not been affected by infectious, contaminated, or unhealthy bodily wastes, and does not present a threat from contamination by unhealthful processing, manufacturing, or operating wastes. "Graywater" includes, but is not limited to, wastewater from bathtubs, showers, bathroom washbasins, clothes washing machines, and laundry tubs, but does not include wastewater from kitchen sinks or dishwashers. Health and Safety Code Section 17922.12.

  • Truant means an unexcused absence for at least one class period during the day.

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;

  • Abbeyfield Home means an establishment run by the Abbeyfield Society including all bodies corporate or unincorporated which are affiliated to that society;