Change of Control Defined For purposes of this this Note, the term “
Defined The failure of a Party to perform any of its obligations in accordance with this Agreement, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local Agency, or the appointment of a receiver or similar officer for Local Agency or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.
Days Defined The term "days" as used in this grievance procedure shall mean calendar days.
HOLIDAYS DEFINED The following named days shall be considered holidays for purposes of this article: - New Year's Day - Xxxxxx Xxxxxx Xxxx Day - President's Day - Memorial Day - Independence Day - Labor Day - Indigenous Peoples Day (Columbus Day) - Veteran's Day - Thanksgiving Day - Day After Thanksgiving - Christmas Day
Immediate Family Defined For the purpose of this section, immediate family member is defined as spouse, child, mother, father, sister, brother, grandparent, mother-in-law, father-in-law or any person who stood in lieu of parents.
Termination in the Event of Financial Difficulties If the HSP makes an assignment, proposal, compromise, or arrangement for the benefit of creditors, or is petitioned into bankruptcy, or files for the appointment of a receiver the Funder will consult with the Director before determining whether this Agreement will be terminated. If the Funder terminates this Agreement because a person has exercised a security interest as contemplated by section 107 of the Act, the Funder would expect to enter into a service accountability agreement with the person exercising the security interest or the receiver or other agent acting on behalf of that person where the person has obtained the Director's approval under section 110 of the Act and has met all other relevant requirements of Applicable Law.
FTE Definition Effective September 1, 2017, part-time teacher FTE will be determined by the ratio of the teacher’s actual annual instructional time to the teacher instructional time of a full-time assignment in the teacher’s school. This FTE will be used to calculate the prorated portion of a teacher’s assignable time.