Permanent Closure Sample Clauses

Permanent Closure. In the case of a permanent closure of all or a portion of a Business Unit, the Company will;
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Permanent Closure. In case of closure of South Hill Child Care Society, each employee shall receive three (3) months' notice or three (3) months' salary in lieu of notice.
Permanent Closure. In case of closure of the Kitsilano Area Childcare Society, each employee shall receive two (2) months' notice or two (2) months' salary in lieu of notice. Money due employees shall be the first priority in the event of closure or bankruptcy of the Society.
Permanent Closure. 39.01 The Gallery agrees that in the event of a permanent closure during the life of this agreement,
Permanent Closure. The District agrees that employees affected by a permanent closure of the District's operations shall be given sixty (60) days' notice of closure.
Permanent Closure. (a) In the case of a permanent closure of the Pooh Corner Day Care Centre Society, each employee shall receive two weeks' pay, at their current rate of pay, for each completed year of service, up to a maximum of 10 weeks' pay.
Permanent Closure. Section .38 Site Closure or Change-in- Service Assessments. Section .39 Applicability to Previously Closed UST Systems.
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Permanent Closure. Should the Company permanently abandon, cease, or terminate operations at the Facility during the term of this Agreement, the City will be entitled to draw against the Security (as defined below) in the full amount of, but not to exceed, the cumulative LEDA City and State LEDA Funds disbursed to date. State Funds recovered by the City pursuant to the Security, if any, shall be paid to the State within 30 days after they are received by the City, and any property acquired or developed by the City as a result of this Project shall be used by the City for future economic development purposes only.
Permanent Closure. The Department, CSXT, and Municipality fully recognize that the Crossing Closure covered under this Agreement is intended to be perpetual, and that one Party shall not petition any other Party or entity to reopen the subject at-grade crossing. It is also agreed by the Department, CSXT, and Municipality that no new at-grade public or private crossing will be opened in the vicinity of the closed crossing.
Permanent Closure. If the Company shall decide to close completely and permanently the plant covered by this Agreement, an employee whose job is discontinued, and who does not elect to go on lay-off status under Section 22.2, or transfer to another plant of the Company, will, except as provided in Section 22.4, receive a single severance payment determined as follows: A severance payment of $1,200.00 per year of service will be paid as a single payment to each employee effected by this section. There shall be no limitation based upon years of service with the company. Acceptance of this severance payment eliminates the employees option of collecting Supplemental Unemployment Benefit (SUB). Should legislation be enacted which would result in severance payments being provided, the amounts specified in this Article will be deducted from such legislated amounts. This single severance payment will be payable to an eligible employee in a lump sum at the time of his termination in accordance with Section 22.2. The making of this single severance payment due an employee under this Section shall terminate his status as an employee. Payment of any amounts owing shall not pyramid with or be in addition to any legislated severance payment requirements that may be due, or become due as a result of future legislated changes.
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