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.

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.

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. 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. 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