Change in Location definition

Change in Location has the meaning assigned to such term in Section 2.16.
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Change in Location shall be deemed to mean any mandatory relocation of the place(s) where Officer principally performs his job responsibilities (and including any mandatory change in Officer’s right to periodically work from a home-based office); provided, however, that the relocation of one or more current offices of StatusOne to a place within twenty-five (25) miles of such current office shall not constitute a “Change in Location.”
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Change in Location means the relocation of the Company's headquarters from the Tampa Bay Metropolitan area; (d) "change in accounting and financial practices" shall mean a material disagreement with respect to generally accepted accounting and financial practices; (e) "termination" shall mean an act or omission which ends Grant's employment, whether a purported termination by the Company or the happening of an event which constitutes one or more of the following: a change of control, a change in duties, a change in location, or a change in accounting and financial practices, or the expiration of this Employment Agreement; and (f) "severance compensation" shall mean compensation, including all benefits, for eighteen (18) months at Grant's then effective salary rate except in the event of a change of control where the period will be for twenty-four (24) months. This compensation shall be paid in a lump sum if termination occurs as a result of a change of control or if the Company elects to terminate Grant for no reason or for a reason which is not "Cause" as that term is defined in this Agreement. If the Company elects to terminate Grant for no reason or for a reason which is not "Cause" as that term is defined in this Agreement, compensation shall be paid periodically and not in lump sum if a lump sum payment would represent a material change in the Company's liquidity position. For all other types of termination, the Company may choose to pay it in a lump sum or over an eighteen (18) month period. Regardless, all benefits will continue over an eighteen (18) month period (unless a change of control has occurred, then Grant will receive benefits over a twenty-four (24) month period.) If Grant becomes employed during either the eighteen (18) month period or the twenty-four (24) month period (in the event of a change of control) and if Grant has comparable benefits, then the fringe benefits, but not the salary, will be discontinued.
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Examples of Change in Location in a sentence

  • Change in Location of Chief Executive Office; Inventory and Equipment with Bailees.

  • Change in Name or Corporate Structure of the Borrower; Change in Location of the Borrower’s Principal Place of Business.

  • Change in Location of Chief Executive Office; Inventory and Equipment with Bailees...........................................66 7.19.

  • Change in Name or Corporate Structure of Borrower; Change in Location of Borrower's Principal Place of Business ....................

  • Change in Location, Names, etc.................................................................

  • Change in Location of Chief Executive Office; Inventory and Equipment --------------------------------------------------------------------- with Bailees.

  • Change in Location of Chief Executive Office; Inventory and Equipment with Bailees................................50 7.19.

  • Change in Name or Corporate Structure of Borrower; Change in Location of Borrower's Principal Place of Business ..................22 Section 6.04.

  • Change in Name or Corporate Structure of the Borrower; Change in Location of the Borrower’s Principal Place of Business 39 Section 6.02.

  • Structure of Borrower; Change in Location of Borrower’s Chief Executive Office and Chief Principal Office.


More Definitions of Change in Location

Change in Location means a change in location of the Vessel and its Mooring from the Permitted Location.
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Change in Location means a change in location of the Lampung FSRU from the Permitted Location.
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Related to Change in Location

  • Change in Use means altering the purpose of an existing room, within the facility, that requires structural changes.

  • Change in Law Event means the occurrence of a Change in Law that necessitates the expenditure, commitment or obligation of or for Compliance Costs.

  • General Change in Law means a Change in Law where the change is of a general legislative nature (including taxation or duties of any sort affecting the Supplier) or which affects or relates to a Comparable Supply;

  • Specific Change in Law means a Change in Law that relates specifically to the business of the Authority and which would not affect a Comparable Supply;

  • Change in Law means the occurrence, after the date of this Agreement, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (x) the ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted, adopted or issued.