Statement of Continued Interest Sample Clauses

Statement of Continued Interest. Employees who have been on recall for six (6) months or more must submit to the Employer a written statement (email or letter) indicating a continuing interest in employment that is received by the first business day of the seventh (7th) month and on a quarterly basis thereafter. If the employee fails to meet this requirement by the first business day of each quarter, the employee’s name will be eliminated from the recall list and the Employer’s recall commitments shall terminate.
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Statement of Continued Interest. Employees who have been on recall for twelve (12) months or more must submit to the Employer a written statement indicating a continuing interest in employment that is received by the first business day of the thirteenth (13th) month and on a monthly basis thereafter. The Employer will notify the employee in writing of this obligation on the 12th month anniversary of being on recall. If the employee fails to meet this requirement by the first (1st) business day of each month, the employee's name will be eliminated from the recall list and the Employer's recall commitments shall terminate.
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Related to Statement of Continued Interest

  • Payment of accrued interest In the case of an Interest Period longer than 3 months, accrued interest shall be paid every 3 months during that Interest Period and on the last day of that Interest Period.

  • Accrued Interest Each prepayment under this Section 2.04(b) shall be accompanied by accrued interest on the amount prepaid to the date of such prepayment and amounts, if any, required to be paid pursuant to Section 2.10 as a result of such prepayment.

  • Payment of accrued default interest Subject to the other provisions of this Agreement, any interest due under this Clause shall be paid on the last day of the period by reference to which it was determined; and the payment shall be made to the Agent for the account of the Creditor Party to which the overdue amount is due.

  • Calculations Respecting Accrued Interest Accrued interest on any Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months and Pass-Through Rates shall be carried out to eight decimal places, rounded if necessary. All dollar amounts calculated hereunder shall be rounded to the nearest ▇▇▇▇▇.

  • Payment of Interest on the Credit Extensions (a) Interest Rate.