Point Allocation Sample Clauses

Point Allocation. Each employee, with the exception of new employees (see below) shall receive full allotment of sixty-three (63) points per year. Employees will be allowed a maximum of 126 points in their bank at any given time. New employees hired prior to June 30th will receive full point value in the second year. Employees hired after June 30th, will receive fifty percent (50%) of the point value in the second year. Items will be awarded in quantities deemed reasonable for the performance of an employee’s duties. Any Operator, Dispatcher or Messenger retiring between January 1st to June 30th, will be allocated fifty (50) percent of the point allocation. Any Operator, Dispatcher or Messenger retiring after July 1st will receive full point allotment. Employees who move from one position to another will transfer their accumulated points with them into their new positions. Employees who are in an acting position on a regular basis will receive an additional 30 points per calendar year over and above the 63 points to a maximum of 126 points at any one time.
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Point Allocation. Each employee, with the exception of new employees (see below) shall receive full allotment of seventy-three (73) points per year. Employees will be allowed a maximum of 146 points in their bank at any given time. New employees hired prior to June 30th will receive full point value in the second year. Employees hired after June 30th, will receive fifty percent (50%) of the point value in the second year. Items will be awarded in quantities deemed reasonable for the performance of an employee’s duties. Any Operator, Dispatcher or Messenger retiring between January 1st to June 30th, will be allocated fifty (50) percent of the point allocation. Any Operator, Dispatcher or Messenger retiring after July 1st will receive full point allotment. Employees who move from one position to another will transfer their accumulated points with them into their new positions. Employees who are in an acting position on a regular basis will receive an additional 30 points per calendar year over and above the 73 points to a maximum of 146 points at any one time. Maternity Uniforms: Upon request, pregnant employees will be provided with three (3) pairs of maternity pants (or skirts) and three (3) blouses in addition to the regular clothing allotment. Should additional maternity clothing be required, the employee will be able to access points. Employees absent due to leave of absence, long term disability (LTD) or Injury-on Duty covered by the Workplace Safety Insurance Board (WSIB) will have their allotment pro-rated accordingly. Clothing items damaged in the course of duty may be re-issued by the Employer without any charges against the employees’ allotted points, subject to completion of the standard form by the employee and review and approval from the employee’s Program Manager.
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Related to Point Allocation

  • Cost Allocation Cost allocation of Generator Interconnection Related Upgrades shall be in accordance with Schedule 11 of Section II of the Tariff.

  • Payment Allocation Subject to applicable law, your payments may be applied to what you owe Credit Union in any manner Credit Union chooses.

  • Risk Allocation The Product is Regulatorily Continuing.

  • Account Allocations In the event that any of the Sellers is unable for any reason to transfer Receivables to the Trust in accordance with the provisions of this Agreement, including by reason of the application of the provisions of Section 9.02 or any order of any Governmental Authority (a “Transfer Restriction Event”), then, in any such event, (a) the Sellers and the Servicer agree (except as prohibited by any such order) to allocate and pay to the Trust, after the date of such inability, all Collections, including Collections of Receivables transferred to the Trust prior to the occurrence of such event, and all amounts which would have constituted Collections but for such Seller’s inability to transfer Receivables (up to an aggregate amount equal to the amount of Receivables transferred to the Trust by such Seller in the Trust on such date), (b) the Sellers and the Servicer agree that such amounts will be applied as Collections in accordance with Article IV and the terms of each Supplement and (c) for so long as the allocation and application of all Collections and all amounts that would have constituted Collections are made in accordance with clauses (a) and (b) above, Principal Receivables and all amounts which would have constituted Principal Receivables but for such Seller’s inability to transfer Receivables to the Trust which are written off as uncollectible in accordance with this Agreement shall continue to be allocated in accordance with Article IV and the terms of each Supplement. For the purpose of the immediately preceding sentence, the Sellers and the Servicer shall treat the first received Collections with respect to the Accounts as allocable to the Trust until the Trust shall have been allocated and paid Collections in an amount equal to the aggregate amount of Principal Receivables in the Trust as of the date of the occurrence of such event. If any of the Sellers or the Servicer is unable pursuant to any Requirements of Law to allocate Collections as described above, the Sellers and the Servicer agree that, after the occurrence of such event, payments on each Account with respect to the principal balance of such Account shall be allocated first to the oldest principal balance of such Account and shall have such payments applied as Collections in accordance with Article IV and the terms of each Supplement. The parties hereto agree that Finance Charge Receivables, whenever created, accrued in respect of Principal Receivables which have been conveyed to the Trust shall continue to be a part of the Trust notwithstanding any cessation of the transfer of additional Principal Receivables to the Trust and Collections with respect thereto shall continue to be allocated and paid in accordance with Article IV and the terms of each Supplement.

  • Tax Allocation Prior to the Closing, Seller and Purchaser shall cooperate in good faith to determine a reasonable allocation of the total consideration paid for the Transferred Assets, as finally determined pursuant to Section 2.1(d), Section 2.1(i) and Section 3.3, in accordance with Section 1060 of the Code and the Treasury Regulations promulgated thereunder (the “Purchase Price Allocation”). Seller and Purchaser shall cooperate in good faith to mutually agree to such allocation and shall reduce such agreement to writing, which agreement shall be reflected in an Exhibit 2.1(j) to be approved by Seller and Purchaser prior to Closing. Seller and Purchaser shall jointly and properly execute each party’s respective completed Internal Revenue Service Form 8594, and any other forms or statements required by the Code (or state or local Tax law), Treasury Regulations or the Internal Revenue Service or other Governmental Authority (together with any and all attachments required to be filed therewith), which forms and statements will be prepared in a manner consistent with the Purchase Price Allocation. Seller and Purchaser shall file timely such forms and statements with the Internal Revenue Service or other Governmental Authority. The Purchase Price Allocation shall be appropriately adjusted to take into account any subsequent payments under this Agreement and any other subsequent events required to be taken into account under Section 1060 of the Code. Seller and Purchaser shall not file any Tax Return or other documents or otherwise take any position with respect to Taxes that is inconsistent with the Purchase Price Allocation; provided, however, that neither Seller nor Purchaser shall be obligated to litigate any challenge to such allocation by any Governmental Authority. Seller and Purchaser shall promptly inform one another of any challenge by any Governmental Authority to any allocation made pursuant to this Section 2.1(j) and agree to consult with and keep one another informed with respect to the state of, and any discussion, proposal or submission with respect to, such challenge.