Consolidation, Subdivision and Redesignation Sample Clauses

Consolidation, Subdivision and Redesignation. Units of any series of Units of a Fund may be consolidated or subdivided by the Manager upon the Manager giving at least 21 days’ prior written notice of its determination to do so to the Trustee and to each Unitholder holding Units of that series of that Fund. Notwithstanding the foregoing, after Units of a series (the “New Units”) are issued pursuant to Article 16, the Manager may, by giving written notice to the Trustee (without the requirement to provide 21 days’ prior written notice), consolidate outstanding Units of the series so as to reduce the number of Units of the series to the number that would be outstanding if the New Units had not been issued. The consolidation is effective at the later of the time specified in the notice and the date of issuance of the New Units. Units of any series may at any time, without notice to Unitholders but upon two days’ prior written notice to the Trustee, be redesignated by the Manager as Units of a different series of the same Fund based on the applicable series Net Asset Value per Unit for the two series of Units on the date of the redesignation, provided that no such redesignation shall be made which in the opinion of the Manager adversely affects the pecuniary value of the interest of the holder of such Units.
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Related to Consolidation, Subdivision and Redesignation

  • ROOM CONSOLIDATION Residence assignments shall be consolidated when vacancies occur in any residence facility, to minimize the number of rooms, suites, and/or apartments not at full occupancy. The Student may be required to change residence assignment and move to facilitate room consolidation. Residents in rooms/apartments/suites not at full capacity may be charged additional rent as determined by UCF DHRL.

  • MERGER AND CONSOLIDATION The Company will not consolidate with or merge with or into, or convey, transfer or lease all or substantially all its assets to, any Person, unless:

  • Consolidation of Committees The parties to this Agreement and to the Agreement concerning drug and alcohol testing and EAP between TWU Local 250A and the SFMTA may elect to combine the joint labor- management committee established here and in the Local 250A Agreement.

  • Merger or Consolidation Section 8.11

  • Classification and Reclassification Classification and reclassification are the assignment or reassignment, respectively, of a position or group of positions to an occupational classification which is appropriate for compensation and employment purposes.

  • Consolidation of Grievances If the grievance involves a group of employees or if a number of employees file separate grievances on the same matter, the grievances shall, whenever possible, be handled as a single grievance.

  • Consolidation The Employer may consolidate grievances arising out of the same set of facts.

  • JOB CLASSIFICATION AND RECLASSIFICATION 26.01 In order to ensure the appropriate classification of jobs listed under Schedule "A" of the collective agreement, the Parties agree that matters related to the classification of new or existing jobs shall be dealt with in accordance with the Joint Job Evaluation Manual of Procedures forming part of this collective agreement. (Appendix "B").

  • NEGOTIATION OF SUCCESSOR AGREEMENT For the purposes of negotiating a successor Agreement, APSOU and the University will meet between April 1, 2018, and June 30, 2018, to begin negotiations of a Successor Agreement. APSOU will send written notice to the University within ten (10) university days after the meeting specifying those subjects, sections, or articles it proposes to open for negotiations. Ten (10) university days after the University receives APSOU’s request, the University will send written notice to APSOU specifying those subjects, sections or articles it proposes for negotiations. Those sections of this Agreement not reopened by said notices or by subsequent mutual agreement shall automatically become part of any Successor Agreement. Negotiations of the Successor Agreement shall begin no later than ten (10) university days after APSOU receives the University’s notification, or such date thereafter as may be mutually agreed upon by the parties. The terms of the 2015-18 CBA remain in effect until the completion of bargaining the successor agreement or until the dispute resolution procedures governing negotiations described in ORS 243.712-ORS 243.726 are completed.

  • Assignation and Change of Control 30.1. The Contractor may not assign its interest in the Framework Agreement without the prior written consent of the Authority.

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