Maximum Combined Benefit Sample Clauses

The Maximum Combined Benefit clause sets a cap on the total amount of benefits or payments that can be received under a contract or policy, regardless of the number or type of claims made. In practice, this means that even if multiple claims arise from different events or coverages, the aggregate payout will not exceed the specified maximum limit. This clause is essential for controlling the financial exposure of the party providing the benefits, ensuring predictability and preventing excessive or unintended payouts.
Maximum Combined Benefit an employee’s or employee couple’s combined entitlement to leave pursuant to 15.05 and 15.06 shall not exceed (a) A total of fifty-two (52) weeks for those who choose standard parental leave; (b) A total of seventy-eight (78) weeks for those who choose extended parental leave; (c) A total of fifty-seven (57) weeks for those who choose (EI) Parental Sharing Benefit under standard parental leave; or (d) A total of eighty-six (86) weeks for those who choose (EI) Parental Sharing Benefit under extended parental leave.
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Maximum Combined Benefit an employee's or employee couple’s combined entitlement to leave pursuant to 21.04 and
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Maximum Combined Benefit an employee’s or employee couple’s combined entitlement to leave pursuant to 15.05 and 15.06 shall not exceed (a) A total of 52 weeks for those who choose standard parental leave; (b) A total of 78 weeks for those who choose extended parental leave; (c) A total of 57 weeks for those who choose (EI) Parental Sharing Benefit under standard parental leave; or (d) A total of 86 weeks for those who choose (EI) Parental Sharing Benefit under extended parental leave. 15.07 (1) An employee who attends a course at the request of the Employer is considered as on duty. The Employer will compensate the employee at their Daily Rate of Pay.
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Related to Maximum Combined Benefit

  • Maximum Compensation There is a maximum compensation for this Agreement and a separate maximum compensation for each Approved Service Order.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Maximum Compensatory Time Employees may accumulate no more than one hundred and sixty (160) hours of compensatory time.

  • Cash Balance Within two (2) Business Days after the end of each Fiscal Month, Borrower will deliver a certificate reporting to Agent the Cash Balance as of the last day of the Fiscal Month just ended, which certificate shall be executed and certified by a Responsible Officer of the Borrower as true and correct; (d)