payment in lieu

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By far the most common of wrongful dismissal is when an employee is dismissed without notice or a payment in lieu of notice.
It is not possible to make a payment in lieu of annual holidays, however; as a temporary measure to assist employers manage transitional arrangements, between October 1, 2007 and April 1, 2009, employers will be able to make a payment in lieu of the extra 0.
The payment in lieu of taxes (PILOT) agreement provides for an escalation in the payments that is tied to any increase in the national Consumer Price Index (CPI).
Farley Realty distinguished Dorzback, because of the difference between a payment in lieu of fixed interest and true participation in an appreciation of property.
That is, they must agree to participate knowing that they will receive a cash payment in lieu of traditional services if assigned to the treatment group, but that only half of all participants will be assigned to the treatment group.
As previously announced, CPO holders had the option to receive a cash payment in lieu of the stock dividend.
What can an employee do if dismissed without notice or payment in lieu of notice?
That consists of that a payment in lieu of taxes for 16 years following the issuance of the building permit.
Specifically, the shareholders approved a 1-for-2,000 reverse split of its common stock, with a payment in lieu of issuing fractional shares, followed by a 2,000-for-1 forward split of its common stock.
The World Trade Center already has lower real estate taxes, as it makes a payment in lieu of taxes (PILOT), but is expected to have its tenants benefit from certain components of the plan, such as occupancy tax reductions.
The cash payment was made on June 30, 2005; however the completion of the final settlement by issuance of the 175,000 shares of stock was delayed while the Company and the bankruptcy trustee attempted to negotiate a cash payment in lieu of issuing stock.
Under the terms of the reverse split transaction, shareholders holding fewer than 45,000 shares of HIA common stock immediately before the transaction would receive from HIA a cash payment in lieu of a fractional share at the rate of $0.