Actual Subsistence Sample Clauses

The 'Actual Subsistence' clause defines the reimbursement or payment of expenses incurred for basic living needs, such as food and lodging, during the course of performing contractual duties. Typically, this clause specifies that only the actual, reasonable costs incurred by an individual—rather than a fixed per diem—will be covered, often requiring submission of receipts or other proof of expenditure. Its core function is to ensure that individuals are fairly compensated for necessary living expenses while preventing overpayment or abuse by limiting reimbursement to actual costs.
Actual Subsistence. Requests for actual subsistence expenses will normally be approved when the supporting justification showing the unusual and exceptional circumstances complies with the government- wide Federal Travel Regulations.
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Related to Actual Subsistence

  • Subsistence Employees who are required to travel beyond a fifty (50) kilometer radius from the site or fifty (50) kilometres from their designated work area [where that work area exceeds a fifty (50) kilometre radius from their site] on business authorized by the Employer shall be reimbursed for expenses incurred as shown below, or in accordance with the Province of Alberta Regulations Governing Subsistence or Employer Policy, whichever is higher. (a) Meals (i) breakfast, if the time of departure is earlier or the time of return is later than zero seven thirty (0730) hours; or (ii) lunch, if the time of departure is earlier or the time of return is later than thirteen hundred (1300) hours; or (iii) supper, if the time of departure is earlier or the time of return is later than eighteen thirty (1830) hours.

  • Subsistence Allowance a) The daily subsistence allowance per calendar day worked shall be as follows: Effective June 28, 2015 - one hundred and thirty-five dollars ($135) b) An Employee shall forfeit subsistence allowance for absenteeism or leaving work without permission on any working day. When the Employee is absent or leaves work without permission on the working day immediately preceding or following bad weather days or recognized holidays, he shall forfeit subsistence allowance for such absenteeism or leaving work without permission and for the bad weather days or recognized holidays. The above forfeiture of subsistence allowance shall be waived when the Employee’s absenteeism on any working day or on Thursday, Friday and/or Monday, as outlined herein, is due to a bona fide illness or absence due to compassionate grounds satisfactory to the Employer and the Union Representative. Forfeiture of subsistence allowance may also be waived in other cases if the reason for absenteeism is acceptable to the Employer and the Union Representative. Written permission to leave work shall be in the form of the Leave of Absence Request form attached as Appendix “B” to this agreement. Upon a specific request by the Union, the Employer shall forward a copy of an employee’s Leave of Absence form. c) In extraordinary circumstances the Employer may provide an advance of subsistence allowance to an Employee on the basis of the following: i. An advance is available to a new hire and only upon request. ii. The advance may be available after the initial three (3) days of employment and shall be limited to three (3) days subsistence allowance. iii. The value of the advance shall be deducted from the Employee’s first pay.

  • Corporate Existence; Maintenance of Properties (a) The Borrower will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights and franchises and those of its Subsidiaries and will not, and will not cause or permit any of its Subsidiaries to, convert to any other entity. (b) The Borrower (i) will cause all of its properties and those of its Subsidiaries used or useful in the conduct of its business or the business of its Subsidiaries to be maintained and kept in good condition, repair and working order and supplied with all necessary equipment, (ii) will cause to be made all necessary repairs, renewals, replacements, betterments and improvements thereof, all as in the judgment of the Borrower may be necessary so that the business carried on in connection therewith may be properly and advantageously conducted at all times, and (iii) will, and will cause each of its Subsidiaries to, continue to engage primarily in the businesses now conducted by them; provided that nothing in this Section 8.6 shall prevent the Borrower from discontinuing the operation and maintenance of any of its properties or any of those of its Subsidiaries if such discontinuance is, in the judgment of the Borrower, desirable in the conduct of its or their business and that do not in the aggregate materially adversely affect the business of the Borrower and its Subsidiaries on a consolidated basis.

  • Existence; Good Standing It is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization or formation and has all requisite power and authority to own and operate its properties and to conduct its business, as conducted and planned to be conducted as of the date hereof.

  • Maintenance of Corporate Existence The Company, at its own cost and expense, will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights and franchises, except as otherwise specifically permitted in Section 5.02; provided, however, that the Company shall not be required to preserve any right or franchise if the Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company.