Entitlement Date Clause Samples

The Entitlement Date clause defines the specific date on which a party becomes eligible to receive certain rights, benefits, or payments under an agreement. In practice, this clause establishes a clear point in time—such as the date when shares vest, dividends are payable, or benefits accrue—ensuring all parties know when entitlements begin. Its core function is to eliminate ambiguity regarding when obligations or rights take effect, thereby reducing the risk of disputes over timing.
Entitlement Date. The later of the Participant’s sixty-fifth (65th) birthday or retirement.
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Entitlement Date. The words “Entitlement Date” mean the date upon which all of the following have occurred: (1) Owner has submitted a full and complete set of civil site plans and building construction plans for development of the Property in general conformance with the site plan set forth in Exhibit B to the City’s building department for review; and (2) the City’s building department returns to Owner the first set of comments for corrections or revisions or full approval of said plans, whichever occurs first.
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Entitlement Date. Entitlement Date" shall mean the date of the Change of Control entitling you to benefits under paragraph 3.A. above (except that if you are entitled to benefits under paragraph 3.B. above, the
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Entitlement Date. Dividends and other distributions or payments to Shareholders will be payable to the persons who are the registered as Shareholders on an entitlement date fixed by the Board.
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Related to Entitlement Date

  • Holiday Entitlement Employees who are laid off within seven (7) working days (except employees subject to dismissal through cause) prior to a Statutory Holiday occurring shall be entitled to such Statutory Holiday with pay. Also, employees who are absent either the day before or the day after a Statutory Holiday or both shall be entitled to such Statutory Holiday with pay provided they are absent for a reason of illness or accident.

  • Basic entitlement 7.4.2(a) After twelve months continuous service, parents are entitled to a combined total of 52 weeks unpaid parental leave on a shared basis in relation to the birth or adoption of their child. For females, maternity leave may be taken and for males, paternity leave may be taken. Adoption leave may be taken in the case of adoption.

  • Leave Entitlement You will be entitled to such number of leaves which shall be in accordance with the policies of the Company and the applicable laws in this regard.

  • Overtime Entitlement (a) An employee will be entitled to compensation for authorized overtime in excess of: (1) the scheduled daily hours; or (2) the maximum daily hours for those employees on flextime; or (3) the agreed averaging period. (b) For the purposes of calculating the hourly rate for overtime, an employee's biweekly rate shall be divided by 70. (c) Overtime shall be compensated in 30-minute increments; however, employees shall not be entitled to any compensation for periods of overtime of less than five minutes per day.

  • Vacation Entitlement i) A transferring employee will accrue vacation in accordance with the collective agreement of the designated employer. ii) A transferring employee will have pre-approved vacation requests honoured. iii) Vacation entitlement not used by the employee at the time of transfer shall transfer with the employee to the designated employer, if applicable. iv) Vacation scheduling will be in accordance with the applicable collective agreement and the practice of the designated employer.