Closing of Operations Sample Clauses

Closing of Operations. 1. Payment or Transfer Orders, amendments or cancellations must be communicated to the Bank during the hours of operation when the Bank is open for the receipt, processing and transmission of Payment or Transfer Orders, amendments and cancellations according to the schedule of operations established by the Bank from time to time. Payment or Transfer Orders, amendments or cancellations received after said closing hours of operations will be considered as received the following business day for the purpose of transferring funds.
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Closing of Operations. In the event the Employer discontinues or reduces the scope of any operation or facilities; experiences a reduced need for the services of nurses; or sells, transfers (including by subcontracting), or leases any business operations or facilities in which employees within the bargaining unit are employed, or any portion of such operations or facilities, hereinafter collectively referred to as “discontinued or reduced operation”, the Employer shall provide the Union with a list of all vacant bargaining unit positions. Except in the case of an emergency or a business transaction requiring confidentiality, the Employer shall provide the Union advance notice of the permanent closure of a unit/department/facility at Sharp HealthCare in which Bargaining Unit members are employed, as soon as practicable, but no later than sixty (60) calendar days prior to such closure. The notice shall include the date of the closure and a list setting forth the name, shift, status and date of hire of affected Bargaining Unit members. Bargaining unit employees whose current positions are eliminated as the result of the discontinued or reduced operation shall be offered employment in any vacant position for which the employee is qualified. In determining whether the employee is qualified for a vacancy, the Employer shall take all factors into consideration, including past performance, education, relevant certifications, recent relevant experience, communication skills, critical thinking and judgment and customer satisfaction. If two or more displaced employees are equally qualified for the position, the most senior of the employees will be selected. The Employer will also make reasonable efforts to train employees who are not qualified for any current vacant position provided such training is consistent with the efficient delivery of quality patient care. Employees who are not placed in a position shall have preferential hiring rights for the next vacancy for which they are qualified. Employees who are placed into a vacancy within three hundred and sixty‐five (365) days of the date their position is eliminated, including those employees who are placed in a position for which training is being provided, shall have their service credit, benefit eligibility and accrued unused Extended Sick Insurance (ESI) restored. All rights under this Section 106 shall expire at the end of three hundred and sixty‐five (365) days of the elimination of the employee’s position or when the employee decl...

Related to Closing of Operations

  • Date of Operation 3.1 This Agreement remains in force until 2/7/2027. The agreement will continue to apply beyond its expiration date until it is replaced in accordance with the FW Act.

  • Change of Operations To: Members of Local Union 776 Dear Brothers and Sisters: As you know, we have a tentative agreement for the UPS Cartage Services, Inc. Supplemental Agreement. Article 2 of the re-negoti- ated CSI Supplement outlines the National Master UPS Agreement (NMA) Articles that may be applied to your Addendum. You will note that several NMA articles are not applicable. These are sub- jects that are either addressed in the CSI Supplement or are not op- erationally applicable to CSI. Where there are two provisions covering the same subject, one in the Local Addendum and one in the National Master UPS. Agree- ment, the following provisions of the National Master UPS Agree- ment shall apply:

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

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