After one. Business Day's notice to Seller (which notice need not be given if an Act of Insolvency shall have occurred, and which may be the notice given under subsection (a)(i) of this Section), Buyer may (A) immediately sell, without notice or demand of any kind, at a public or private sale and at such price or prices Buyer may reasonably deem satisfactory any or all Purchased Mortgage Loans subject to a Transaction hereunder or (B) in its sole discretion elect, in lieu of selling all or a portion of such Purchased Mortgage Loans, to give Seller credit for such Purchased Mortgage Loans in an amount equal to the Market Value of the Purchased Mortgage Loans against the aggregate unpaid Repurchase Price and any other amounts owing by Seller hereunder. The proceeds of any disposition of Purchased Mortgage Loans shall be applied first to the costs and expenses incurred by Buyer in connection with Seller's default; second to costs of cover and/or related hedging transactions relating to Transactions and to losses, damages, costs or expenses directly arising or resulting from the occurrence of the Event of Default; third to the Repurchase Price; and fourth to any other outstanding obligation of Seller to Buyer or its Affiliates.
After one. (1) year of service, ninety (90) calendar days.
After one. (1) of the parties indicates they are taking the matter to arbitration, the matter shall be referred to a single Arbitrator as indicated in sub-article 16.
After one year continuous work with the same employer, one month is paid, at the rate he would have been paid.
After one. (1) year of service, an employee shall be eligible for a leave of absence without pay not to exceed six (6) weeks. Requests for such leaves shall be submitted in writing to the Department Head for approval thirty (30) days in advance of the leave time period. In emergency situations, the notification may be waived at the option of the Department Head.
After one half (1/2) of the Contract Sum has been paid, upon submission of the next Payment Application following the payment of one-half of the Contract Sum, if the Work is on or ahead of schedule according to the Overall Project Schedule and there are no unresolved breaches of Non-Compliant Work, CM/GC may request that Owner stop the collection of retainage. Upon Owner approval, the previously withheld retainage will be converted to a lump sum to be held by Owner until Material Completion and Owner will collect no additional retainage unless retainage is reinstated. Reinstatement of Retainage. After retainage is frozen under Section 4.2.1.1, Owner will reinstate collection of retainage if the Work is five percent (5%) or more behind schedule according to the Overall Project Schedule or if CM/GC breaches a Notice of Non-Compliant Work. Owner will continue the collection of retainage under this Section until the breach is cured or the time is recovered and the Project is on or ahead of schedule. Retainage Release. When Material Completion is achieved, retainage shall be paid to the CM/GC with the payment for Material Completion in accordance with the terms of Section 6.
After one. (1) year of employment with the City of Newark, each full-time City employee whose established work week is forty (40) hours shall have earned eighty (80) hours of vacation due upon attainment of the anniversary of the first year of employment, and thereafter, each employee shall accumulate vacation hours each two (2) week pay period based on the following scale: Beginning the 2nd year through end of the 5th year 3.9 hours 100 hours Beginning of 6th year through end of the 12th year 4.6 hours 120 hours Beginning of 13th year through end of the 18th year 6.2 hours 160 hours Beginning the 19th year through end of the 25th year 7.7 hours 200 hours Beginning the 26th year and beyond 9.2 hours 240 hours Section 35.1.1 For employees hired after July 1, 2011, the following vacation schedule applies: Years of Service Pay Period Year Amount Beginning the 2nd year through end of the 5th year 3.1 hours 80 hours Beginning of 6th year through end of the 10th year 4.6 hours 120 hours Beginning of 11th year through end of the 20th year 6.2 hours 160 hours Beginning the 21st year through end of the 25th year 7.7 hours 200 hours Beginning the 26th year and beyond 9.2 hours 240 hours Section 35.2. Accrued vacation leave may be taken based on the amount of vacation accumulation shown on the employee’s paycheck.
After one. 1) year of continuous service, a teacher who returns to duty after absence due to illness shall be credited with xxxxxx (90) calendar days of sick leave credits.
After one year of continuous employment, leave without pay shall be granted upon request of the employee for a period up to six months for parenting purposes, without loss of benefits accrued to the date such leave commences.
After one. (1) calendar year from its occurrence a record of unexcused absence shall be deleted from the record. Nevertheless, those occasions within the preceding twelve (12) months shall still remain on the record and subsequent unexcused absences will be dealt with on the basis of the number which have occurred within a twelve (12) month period.
