Redundancy payments definition

Redundancy payments. All redundancy payments outside contractual terms require permission from the Department and Cabinet Office in all cases. Special payments:
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Redundancy payments. All redundancy payments outside contractual terms, require DCMS and Cabinet Office permission in all cases. Type Special payments: Amount
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Redundancy payments means redundancy payments and other termination payments which are required under Law to be made to employees of Project Co reasonably and properly incurred by Project Co arising as a direct result of terminating this Agreement (provided that Project Co shall use all reasonable endeavours to mitigate its loss) and provided that in calculating such amount no account should be taken of any liabilities and obligations of Project Co arising out of: contracts of employment or other agreements or arrangements entered into by Project Co to the extent that such contracts of employment agreements or arrangements were not entered into in connection with the Project; and/or contracts of employment or other agreements or arrangements entered into by Project Co to the extent that such contracts of employment agreements or arrangements were not entered into in the ordinary course of business and on commercial arm's length terms
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Examples of Redundancy payments in a sentence

  • The Employer will utilise ▇▇▇▇ to meet all of the liabilities for Redundancy payments and further to ensure that an amount equal to the credit balance of the Employee's account in the Employee's Redundancy fund is paid to the Employee when the Employee is entitled to that payment pursuant to the terms of the Employee's Redundancy fund.

  • Superannuation and Redundancy payments shall be paid on a pro-rata basis.

  • Redundancy payments do not apply where employment is terminated as a consequence of serious misconduct that justifies dismissal without notice.

  • The casual employee is entitled to pro-rata Redundancy payments as set out under Clause 38, Termination Pay.

  • The casual Employee is entitled to pro-rata Redundancy payments as set out under Clause 31, Termination Pay.


More Definitions of Redundancy payments

Redundancy payments. All red undancy payments outside contractual terms, require DCMS and Cabinet Office permission in all cases.
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Redundancy payments shall have the meaning set forth in Clause 9.5 hereof.
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Redundancy payments means statutory redundancy payments as may be due to Supplier Personnel in the event of redundancy, in terms of sections 135 and 139 of the Employment Rights Act 1996 (or as amended, re-enacted or extended from time to time).
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Redundancy payments means the expenditures incurred for financing the cost of providing compensation benefits and other services to assist retrenched employees in accordance with the personnel redundancy plan; and
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Redundancy payments means the payment of all wages earned, accrued unused vacation time and any Service Provider Default Deduction Amount meant the amount equal to the aggregate of the following:
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Redundancy payments. Approval is not required for redundancy payments, however, DCMS should be notified of all redundancy payments outside contractual terms. In addition, the following three criteria must be taken into consideration for voluntary and compulsory exits:
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Redundancy payments means redundancy payments and other termination payments which are required under Law or Legal Requirement or by custom and practice to be made to employees of the PPP Co reasonably and properly incurred by the PPP Co arising as a direct result of terminating this Agreement (provided that the PPP Co shall use all reasonable endeavours to mitigate its Loss) and provided that in calculating such amount no account should be taken of any liabilities and obligations of the PPP Co arising out of:
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