Example 4 definition
Example 4. Same assumed facts as in Example 2. Assume further that the Coverage Ratios of the hospitals and nursing centers that remain subject to this Lease, determined for the four (4) full calendar quarters ending not less than sixty (60) days prior to the assumed Section 16.10.
Example 4. If an Event of Default of the type described in Example 3 has occurred and is continuing (as described above) with respect to a Leased Property, and Lessor has terminated this Lease as it applies to the Leased Property to which such aforesaid Event of Default relates or Lessor has dispossessed Tenant from such Leased Property, then, if the Section 16.10.1 Number applicable to this Lease equals two (2) or more and Events of Default of the nature referenced in Section 16.1(m) and/or Section 16.1(q) of this Lease have occurred and are continuing (as described above) with respect to fewer than the Section 16.10.1 Number of the Leased Properties, such Event of Default, for purposes of Section 4.1, Section 17.1, Section 25.1.1, Section 25.1.2 and Section 25.1.3, shall not be deemed to be “continuing” as to any other Leased Properties; in such event, the rights and remedies available to Lessor or the limitation of Tenant’s rights under such sections which arise in the case of a continuing Event of Default shall apply only to the Leased Property on which the Event of Default under Section 16.1(q) has occurred (as illustrated in Examples 5, 6 and 7 below).
Example 4. Either the Company or the Employee gives the other party written notice of non-extension on or after the date that is six months before the fourth anniversary of the Commencement Date and before the date that is six months before the fifth anniversary of the Commencement Date.
Examples of Example 4 in a sentence
In the circumstances of this Example 4, the Section 16.10.1 Number that is applicable to this Lease immediately following the assumed Section 16.10.3.1 New Lease Transaction, would, pursuant to this Section 16.10.3.1, be increased from one (1) to two (2), because both requirement (a) and requirement (b) above are met, and all of requirement (x) (as described in Example 2), requirement (y) (because the Coverage Ratio for nursing centers covered by this Lease is fourteen percent (14%) higher (1.45 x.
Illustrative examples of the application of the foregoing Allocated Share adjustments using hypothetical numbers are included as Example 3 and Example 4 in Appendix A to Schedule II.
Example: 4 classes required in a 5 period school day is equal to 2.0 trimester credits needed for eligibility.
Example 4: A Contractor mobilized to a project to begin test pile driving.
Illustrative examples of the application of the foregoing Allocated Share adjustments using hypothetical numbers are included as Example 3 and Example 4 in Appendix A to Schedule III.
More Definitions of Example 4
Example 4. Employee A, whose regular shift is eight (8) per day, works for Employee B whose regular shift is 10 (10) hours per day during the first pay period of the month and Employee B does not repay the shift trade during the same pay period - RESULT
Example 4. Suppose the $44 interest in example 3 was paid on the anniversary. The loan and contract debt each became $1,600 right after the payment. Example 5: Suppose the $44 interest in example 3 was not paid on the anniversary. The interest became part of the loan, and we began to charge interest on it, too. The loan and contract debt each became $1,644. Repayment.--All or part of any contract debt may be paid back at any time while the Insured is living. When we settle the contract, any contract debt is due us. If there is contract debt at the end of the last day of grace when the contract is in default, it will be deducted from the cash value to determine the net cash value. We will make this adjustment so that the proceeds will not include the amount of that debt.
Example 4. Suppose the $44 interest in example 3 was paid on the anniversary. The loan and contract debt each became $1,600 right after the payment. Example 5: Suppose the $44 interest in example 3 was not paid on the anniversary. The interest became part of the loan, and we began to charge interest on it, too. The loan and contract debt each became $1,644. Variable Loan Rate Option.--We charge interest daily on any loan. Interest is due on each contract anniversary, or when the loan is paid back it that comes first. If interest is not paid when due, it becomes part of the loan. Then we start to charge interest on it, too. The loan interest rate is the annual rate we set from time to time. The rate will never be greater than is permitted by law. It will change only on a contract anniversary. Before the start of each contract year, we will determine the loan interest rate we can charge for that contract year.
Example 4. A weekly Employee works for 60 consecutive days under an alternating schedule of employment (e.g., Episodes 1, 3, 5 and 7) on an eight (8) episode order for Season 1 of an episodic television series. Season 2 of the same series commences three (3) months after the end of Season 1. The Employee returns on Episode 3 of Season 2 and then is employed under an alternating schedule of employment (i.e., Episodes 3, 5 and 7), for an additional 30 consecutive days. In this Example, the 60 consecutive days worked on Season 1 and the 30 consecutive days worked on Season 2 may not be aggregated in order to satisfy the 90 consecutive day requirement, because the Employee did not return at the beginning of Season 2. However, if the same Employee had returned on Episode 2 of Season 2 and worked for 30 consecutive days under an alternating schedule of employment (i.e., Episodes 2, 4, 6 and 8), the Employee would have been entitled to aggregate the 60 consecutive days worked on Season 1 with the 30 consecutive days worked on Season 2. The fact that an Employee working under an alternating schedule of employment starts work on the second episode of a subsequent season does not prevent that Employee from satisfying the 90 consecutive day requirement by aggregating consecutive days worked at the beginning of the subsequent season with consecutive days worked at the end of the previous season. (A weekly Employee employed on an episodic television series who is assigned to alternating consecutive block-shot episodes (e.g., in a series with a twelve episode order, one group of weekly Employees is assigned to work on Episodes 1 and 2 shot as a block, Episodes 5 and 6 shot as a block and Episodes 9 and 10 shot as a block, while another group of weekly Employees is assigned to work on Episodes 3 and 4 shot as a block, Episodes 7 and 8 shot as a block and Episodes 11 and 12 shot as a block) would likewise be able to aggregate days worked in consecutive seasons.)
Example 4. The employee has an employment/appointment size of 30.4 hours. Annual vacation-leave entitlement => 30.4/38 x 338 = 270.4 hours, if he works 30.4/38 x 40 = 32 hours a week. If this person has an actual working week of 32 hours his vacation-leave claim is 271 hours (270.4 is rounded up to full hours).
Example 4. Suppose the $44 interest in example 3 was paid on the anniversary. The loan and contract debt each became $1,600 right after the payment. Example 5: Suppose the $44 interest in example 3 was not paid on the anniversary. The interest became part of the loan, and we began to charge interest on it, too. The loan and contract debt each became $1,644. FIXED LOAN RATE OPTION The loan interest rate is 5-1/2% a year. VARIABLE LOAN RATE OPTION The loan interest rate is the annual rate we set from time to time. The rate will never be greater than is permitted by law. It will change only on a contract anniversary.
Example 4. Same assumed facts as in Examples 1, 2, and 3, except that, in each case, assume that the applicable Section 16.