Cash Equivalent. If after making a reasonable effort to provide an equal benefit for a domestic partner of an employee, the Contractor is unable to provide the benefit, the Contractor shall provide the employee with the cash equivalent of the benefit.
Cash Equivalent. Cash equivalent on ceasing employment normally occurs at or after ten calendar years continuous service. However, payment can be made for lesser periods of continuous service in the following circumstances: • Upon retrenchment - 1 year • Upon ill health retirement - 5 years • Upon retirement within 10 years of attaining age 65 - 5 years • Upon death - 5 years Where an employee dies, the amount which would have been payable to that employee had that employee retired or been dismissed on the date on which the employee actually died shall be paid to the employee's dependants (if any) or, if there be no dependant, to the employee's personal representative.
Cash Equivalent. Notwithstanding any other provisions in this Article Two, in lieu of delivering certificates representing shares of Chevron Common Stock or other Exchange Property in exchange for Debentures surrendered in accordance with Section 202 hereof, the Company may, at the Company's option, pay to the Holder surrendering such Debentures an amount in cash equal to the value of the Exchange Property for which such Debentures are exchangeable (based on the Market Price on the date of receipt by the Company of the notice of exchange delivered by such Holder pursuant to Section 202 hereof). Prior to so directing the Exchange Agent to make any such cash payment, the Company shall deposit with the Exchange Agent the cash so payable.
Cash Equivalent. If the TRANSFER NOTICE provides for the payment for the TRANSFER SHARES other than in cash, the CORPORATION and/or the OTHER SHAREHOLDERS shall have the option of paying for the TRANSFER SHARES by the discounted cash equivalent of the consideration described in the TRANSFER NOTICE, as reasonably determined by the Board.
Cash Equivalent. At Tenant's option, but subject to the terms and conditions hereof and the condition that Landlord determine that Landlord's ability to draw upon such security in the event of Tenant's bankruptcy is not impaired, Tenant may , in lieu of the delivery of an LC, pledge a Certificate of Deposit ("CD") which shall be administered, as practicable, in accordance with the procedures set forth in this Article 21 with respect to the LC; provided, however, in the event of such CD any interest accruing on the CD shall be for the benefit of Tenant. The pledge of any such CD shall be on terms and conditions approved by Landlord, and the CD shall be issued by a financial institution reasonably acceptable to Landlord.
Cash Equivalent. Cash equivalent on ceasing employment normally occurs at or after 10 calendar years continuous service. However, payment will be made for lesser periods of continuous service in the following circumstances:
Cash Equivalent. (a) Cash equivalent on ceasing employment is an entitlement at or after ten calendar years continuous service. However, payment is to be made for lesser periods of continuous service in the following circumstances:
Cash Equivalent. 2 CERCLA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21 City . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Cash Equivalent. Cash equivalent on ceasing employment (for reasons other than dismissal for serious misconduct) occurs at or after 7 years calendar years continuous service payable, on a pro rata basis for part- time and casual employees. Where an employee dies, the amount which would have been payable to that employee had that employee retired or been dismissed on the date on which the employee actually died shall be paid to the employee’s estate.
Cash Equivalent. The words "Cash & Equivalent" mean all of Borrower's cash, marketable securities, and other near-cash items, excluding sinking funds.
