Conditional Period Sample Clauses

Conditional Period. The first three (3) months of employment shall be a conditional period for regular employees. After three (3) months of continuous employment, the employee shall attain regular status unless specifically advised by the Employer in writing of an extended conditional period of up to an additional three (3) months. The Employer reserves the right to terminate conditional employees at its discretion at any time during the conditional period and such decision shall not be subject to review under the grievance procedure of this Agreement.
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Conditional Period. 15 When a transfer or new position is filled from within by a unit member, that 16 member will be given a sixty (60) work day conditional period, commencing on 17 18 the first day of starting the new assignment. Within the first thirty (30) days the 19 supervisor shall review the performance of the individual. All reviews will be 20 21 shared with the unit member. A final review may be done within the last two 22 weeks of the conditional period. The District and or the unit member retains the 23 right to curtail the conditional period at any time upon determination that the 24 25 unit member is not going to satisfactorily fill the position or that the unit member 26 wishes to return to their previous position. The final written evaluation will be 27 28 shared with the Personnel Office at least three days prior to the end of the 1 conditional period. The supervisor will also inform the unit member of their 2 status at this time. If a review does not occur within the 60 day conditional 3 4 period, it shall be deemed as satisfactory and the unit member shall remain in 5 that position as a permanent employee. 6 A. The position vacated by the unit member who transferred or was 7 8 promoted, may be filled with a substitute during the conditional period at 9 District discretion. 10 11 B. If a promoted unit member’s performance is not satisfactory, they will 12 return to their prior position. The position that was conditional will then 13 be offered to the next ranked applicant that meets the recommended
Conditional Period. The SPA Conditions Precedent shall be satisfied within nine (9) months from the date of the SPA with a three (3)-month automatic extension or such extended period as may be agreed by the Vendor and the JV Company in writing (“Conditional Period”). The date the last of the SPA Conditions Precedent is fulfilled shall be referred to as the “Unconditional Date”. In the event any of the SPA Conditions Precedent is not fulfilled by the expiry of the Conditional Period: (a) due to the Vendor’s default, the JV Company is entitled to terminate the SPA and the Vendor shall within 10 business days or such agreed extended period from such termination refund to the JV Company or at its written direction all moneys paid towards the Purchase Consideration (including the Deposit (as defined below)), and pay to the JV Company or at its written direction a sum equivalent to the Deposit as agreed liquidated damages, and the Vendor shall solely bear the Vendor’s Works Cost in full; (b) due to the JV Company’s default, the Vendor is entitled to terminate the SPA and the Vendor shall forfeit the Deposit as agreed liquidated damages and within 10 business days or such agreed extended period from such termination, refund to the JV Company or at its written direction all moneys paid towards the Purchase Consideration, less the Deposit, and the JV Company shall solely bear the Vendor’s Works Cost in full; and (c) for any reason other than due to the default of either the Vendor or the JV Company, the SPA is deemed terminated on the expiry date of the Conditional Period and the Vendor shall within 10 business days or such agreed extended period from such termination refund to the JV Company or at its written direction all moneys paid towards the Purchase Consideration (including the Deposit), and the JV Company shall solely bear the Vendor’s Works Cost in full.
Conditional Period. (a) PVC (and/or its nominees) shall deposit or raise funds up to a sum of Ringgit Malaysia Ninety-Nine Million Nine Hundred Ninety- Nine Thousand and Nine Hundred (RM99,999,900.00) (“Initial Investment Sum”) and deposit the same into a trust account maintained by JVC within three (3) months from the date of the Agreement (“Conditional Period”). (b) In the event one (1) month before the expiry of the Conditional Period, the total funds raised by PVC does not reach Ringgit Malaysia Seventy-Five Million (RM75,000,000.00) or more, the Parties agree that MPSB may invite other investors or shareholders to deposit monies into the capital funds to attain the Initial Investment Sum necessary for the application of a digital bank licence to BNM pursuant to which the Conditional Period shall be extended to such further periods as may be mutually agreed between the Parties.
Conditional Period. When a transfer or new position is filled from within by a unit member, that member will be given a sixty (60) work day conditional period, commencing on the first day of starting the new assignment. Within the first thirty (30) days the supervisor shall review the performance of the individual. All reviews will be shared with the unit member. A final review may be done within the last two weeks of the conditional period. The District and or the unit member retains the right to curtail the conditional period at any time upon determination that the unit member is not going to satisfactorily fill the position or that the unit member wishes to return to their previous position. The final written evaluation will be shared with the Human Resources Department at least three days prior to the end of the conditional period. The supervisor will also inform the unit member of their status at this time. If a review does not occur within the 60 day conditional period, it shall be deemed as satisfactory and the unit member shall remain in that position as a permanent employee. A. The position vacated by the unit member who transferred or was promoted, may be filled with a substitute during the conditional period at District discretion. The position vacated by the unit member who transferred or promoted will not be considered a vacancy until the conclusion of the Conditional Period.
Conditional Period. 14.1 The Lessor shall have one (1) week from the date of acceptance of this Offer by both parties to verify and be entirely satisfied with the Lessee's credit / financial covenant. Should the Lessor not be satisfied with the Lessee's covenant, it shall have the right to: (A) ask for such guarantees from the Lessee as it may require, the furnishing of which shall be at the discretion of the Lessee (the Lessor having the right, after its receipt of the Lessee's response in respect of such request for guarantees, to either accept same or terminate its obligations under the present Offer which shall then become null and void and no further effect: or (B) terminate its obligations under the present Offer which shall then become null and void and no further effect.
Conditional Period. When a transfer or new position is filled from within by a unit member, that member will be given a sixty (60) work day conditional period, commencing on the first day of starting the new assignment. Within the first thirty (30) days the supervisor shall review the performance of the individual. All reviews will be shared with the unit member. A final review may be done within the last two weeks of the conditional period. The District and or the unit member retains the right to curtail the conditional period at any time upon determination that the unit member is not going to satisfactorily fill the position or that the unit member wishes to return to their previous position. The final written evaluation will be shared with the Human Resources Department at least three days prior to the end of the conditional period. The supervisor will also inform the unit member of their status at this time. If a review does not occur within the 60 day conditional period, it shall be deemed as satisfactory and the unit member shall remain in that position as a permanent employee. A. The position vacated by the unit member who transferred or was promoted, may be filled with a substitute during the conditional period at District discretion. The position vacated by the unit member who transferred or promoted will not be considered a vacancy until the conclusion of the Conditional Period. B. If a unit member’s performance is not satisfactory, they will return to their prior position. The position that was conditional will then be offered to the next ranked applicant that meets the recommended criteria. The Chapter President or designee shall be notified of who the next ranked candidate is. C. If a unit member’s performance is satisfactory after the 30 day review, the unit member and the supervisor may mutually agree in writing to waive the remainder of the conditional period with the approval of the Assistant Superintendent of Human Resources. The unit member will be considered permanent in the new position, and will not be eligible to return to their prior position. (See Appendix G for waiver form). D. Unit members are not eligible for transfers or promotions during the 60 work day conditional period.
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Related to Conditional Period

  • Transitional Period At the end of the transitional period as defined in Article 10(2) of the Directive, the contracting parties shall cease to apply the withholding/retention tax and revenue sharing provided for in this Agreement and shall apply in respect of the other contracting party the automatic exchange of information provisions in the same manner as is provided for in Chapter II of the Directive. If during the transitional period either of the contracting parties elects to apply the automatic exchange of information provisions in the same manner as is provided for in Chapter II of the Directive it shall no longer apply the withholding/retention tax and the revenue sharing provided for in Article 9 of this Agreement.

  • Meal Period Employees shall receive a meal period which shall commence no less than two (2) hours nor more than five (5) hours from the beginning of the employee's regular shift or when the employee is called in to work on their regular day off. The meal period shall be no less than one-half (½) hour nor more than one (1) hour in duration and shall be without compensation. Should an employee be required to work in excess of five (5) continuous hours from the commencement of their regular shift without being provided a meal period, the employee shall be compensated two (2) times the employee's straight-time hourly rate of pay for the time worked during their normal meal period and be afforded a meal period at the first available opportunity during working hours without compensation.

  • Initial Period The Initial Period will begin on the date set forth above (date of signed Agreement) and will terminate on the earlier of (i) the Commercial Operation Date or (ii) the date the Agreement is terminated pursuant to the provisions of Section 4(b) or 4(d).

  • Extension of Restriction Period The Restriction Period shall be tolled for any period during which the Executive is in breach of any of Sections 4.2, 4.3 or 4.4 hereof.

  • Vesting Commencement Date Exercise Price per Share: Total Number of Shares Subject to the Option: Total Exercise Price: Expiration Date:

  • Listing Period Extension The Commission shall be due if the Property is sold, conveyed, exchanged, optioned, or otherwise transferred within _ _ days (“Extension Period”) after the expiration of the Listing Period to anyone with whom the Broker or Agency has negotiated unless the Property is listed, in good faith, with another real estate agency. The term “negotiation” shall include providing information about the Property, showing the Property, or presenting an offer on the Property. All rights under this Section shall terminate upon the expiration of the Extension Period.

  • Term Commencement Date The date that the Premises are Ready For Occupancy (as defined in Exhibit D attached hereto), which Term Commencement Date is anticipated to be August 1, 2015. In the event Landlord fails to deliver the Premises to Tenant with the Tenant Improvements Substantially Complete on or before November 1, 2015 ("First Outside Date") as such First Outside Date shall be extended due to Force Majeure delays and Tenant Delays, Tenant will be entitled to one day of free Monthly Base Rent, to be applied after the Term Commencement Date, for each day after such First Outside Date that the Premises are not delivered to Tenant as required hereunder. In the event fails to deliver the Premises to Tenant with the Tenant Improvements Substantially Complete on or before December 1, 2015 ("Second Outside Date"), as such Second Outside Date shall be deemed extended due to Force Majeure delays and Tenant Delays, Tenant may terminate this Lease by delivery of written notice to Landlord no later than that date which is five (5) business days after such Second Outside Date, in which case Landlord will immediately refund all amounts paid by Tenant pursuant to this Lease and Tenant shall have no further obligations to Landlord pursuant to this Lease except for those obligations which expressly survive the expiration or sooner termination of this Lease.

  • Commencement Date The Subcontractor shall be permitted to begin the Services on ______________________, 20____ (“Commencement Date”).

  • week period If an employee fails to return at the end of the family care or medical leave, the CSU may require repayment of insurance premiums paid during the unpaid portion of the leave. The CSU shall not require repayment of premiums if the employee's failure to return is due to his/her serious health condition or due to circumstances beyond the employee's control.

  • COMMENCEMENT/EXPIRATION DATE This agreement is executed as of the date of the last signature and is effective through at which time it will expire. The expiration date is the final date for completion of all work activities under this agreement.

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