Voluntary or Involuntary Cancellation Sample Clauses

Voluntary or Involuntary Cancellation. As long as the Consultant remains current (see activity requirements outlined in Section 3.7), and complies with the terms of the Agreement and these Policies and Procedures, Paparazzi will continue to pay the Consultant all earned bonuses and commissions in accordance with the Compensation Plan. Bonuses and commissions constitute the entire reward for the Consultant’s efforts in generating sales and all activities related – including building and support of a downline organization. If a Consultant fails to meet the minimum inventory purchases or sales requirement for a period of twelve consecutive months (with less than 200 PV), or if the Agreement is voluntarily or involuntarily terminated, the Consultant shall be deemed to have waived all their rights, title, claim, privileges, or interest to the downline organization that they operated, and to any bonuses or commissions for the sales generated from that organization. Additionally, the Consultant will lose the right to represent Paparazzi, the right to sell Paparazzi products and the right to receive any further compensation, bonuses, commissions, or other income resulting from Paparazzi activities.
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Voluntary or Involuntary Cancellation. As long as the Distributor remains current, and complies with the terms of the Agreement and these Policies and Procedures, Xxxxxx will continue to pay the Distributor all earned bonuses and commissions in accordance with the Compensation Plan. Bonuses and commissions constitute the entire reward for the Distributors efforts in generating sales and all activities related – including building and support of a Downline Organization. If a Distributor fails to meet the minimum inventory purchases or sales requirement for a period of twelve consecutive months (with less than 200 PV), or if the Agreement is voluntarily or involuntarily terminated, the Distributor shall be deemed to have waived all their rights, title, claim, privileges, or interest to the Downline Organization that they operated, and to any bonuses or commissions for the sales generated from that organization. Additionally, the Distributor will lose the right to represent Zapple, the right to sell Zapple products and the right to receive any further compensation, bonuses, commissions, or other income resulting from Zapple activities.
Voluntary or Involuntary Cancellation. As long as the Stylist remains current, and complies with the terms of the Agreement and these Policies and Procedures, Aviva will continue to pay the Stylist all earned profits, bonuses and commissions in accordance with the Compensation Plan. Bonuses and commissions constitute the entire reward for the Stylists efforts in generating sales and all activities related – including building and support of a Downline Organisation. If a Stylist fails to meet the minimum inventory purchases or sales requirement for a period of twelve consecutive months (with less than 10,000 BV), or if the Agreement is voluntarily or involuntarily terminated, the Stylist shall be deemed to have waived all their rights, title, claim, privileges, or interest to the Downline Organisation that they operated, and to any bonuses or commissions for the sales generated from that organisation. Additionally, the Stylist will lose the right to represent Aviva, the right to sell Aviva products and the right to receive any further compensation, bonuses, commissions, or other income resulting from Aviva activities.

Related to Voluntary or Involuntary Cancellation

  • Voluntary Cancellation Subject to the payment of SIMEST Break Costs, the Borrower may, if it gives the Agent not less than thirty-five (35) days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part of the Available Facility. Any cancellation under this Clause 7.9 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably.

  • Voluntary quit 2. Discharge for just cause.

  • Involuntary Demotion An employee assigned to a lower rated position shall continue to be paid at the employee's current rate of pay until the rate of pay in the new position equals or exceeds it.

  • Voluntary Demotion or Voluntary Reduction in Hours An employee has a right to his regularly assigned time, and shall not have it involuntarily reduced. Employees who take voluntary demotions or voluntary reductions in assigned time in lieu of layoff shall be, at the employee’s option, returned to a position in their former class or to present former positions with increased assigned time as vacancies become available, for a period of five (5) years and three (3) months, except that they shall be ranked in accordance with their seniority on any valid reemployment list.

  • Voluntary The Borrower may on any Business Day, upon notice given to the Administrative Agent not later than 12:00 noon (New York City Time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of Sections 2.12 and 2.16, Convert all or any part of Revolving Loans of one Type comprising the same Borrowing into Revolving Loans of the other Type or of the same Type but having a new Interest Period; provided, however, that any Conversion of Eurodollar Rate Revolving Loans into Base Rate Revolving Loans shall be made only on the last day of an Interest Period for such Eurodollar Rate Revolving Loans, any Conversion of Base Rate Revolving Loans into Eurodollar Rate Revolving Loans shall be in an amount not less than the minimum amount specified in Section 2.02(b) and no Conversion of any Revolving Loans shall result in more separate Borrowings than permitted under Section 2.02(b). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Revolving Loans to be Converted, and (iii) if such Conversion is into Eurodollar Rate Revolving Loans, the duration of the initial Interest Period for each such Revolving Loan. Each notice of Conversion shall be irrevocable and binding on the Borrower.

  • Voluntary Redundancy a) With the exception of areas where there is only one position under review, Te Pūkenga will call for expressions of interest from kaimahi within the area of review who wish to volunteer for redundancy to cover the surplus/es positions that have been identified.

  • Involuntary Withdrawal Involuntary withdrawal of a Partner shall include, but not be limited to, the following:

  • Voluntary Layoff Appointing authorities will allow an employee in the same job classification and department where layoffs will occur to volunteer to be laid off provided that the employee is in a position requiring the same skills and abilities, as a position subject to layoff. Any volunteer for layoff shall have no formal layoff option. If the appointing authority accepts the employee’s voluntary request for layoff, the employee will submit a non-revocable letter stating they are accepting a voluntary layoff from the University. The employee will be placed on all applicable rehire lists.

  • Involuntary In certain cases, THE CARRIER is responsible for the interruption of the Passenger’s trip due to some irregularity. THE CARRIER may reimburse the total or partial amount of the ticket, as follows:

  • Termination or Cancellation In addition to the procedures set forth in Section 15.6, above, this Agreement is also subject to the following termination provisions:

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