Exit Process Sample Clauses

Exit Process. 1.4.1 Prior to leaving site, the Company Site Representative/Line Site Representative must query / validate the system to determine the individuals exit requirements. 1.4.2 A system generated exit form must then be generated for the relevant individual based the query / validation performed. 1.4.3 The individual then attends the exit interviews or assessments and the attendance is captured on the system.
Sample 1
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Exit Process. Upon the occurrence of an Exit Trigger Event, an exit mechanism consisting in a process having as its goal the sale of 100% of the share capital of the Company or substantially all of the assets of the Company in accordance with this clause (an “Exit”) shall be initiated. (i) As soon as possible following the date on which the Board had received an Exit Trigger Notice, the Board shall notify such event to the Shareholders establishing a one (1) month period for any Shareholder that intends to participate in the sale process to confirm in writing to the Board whether it or any Affiliate will, directly or indirectly, participate as a bidder, as part of a bidding group or in agreement with any bidder (such persons being a “Relevant Bidder”). The Board shall not be obliged to consider any offer from any Shareholder that has failed to notify its intention to participate in the sale process within the period established by the Board in accordance with this paragraph. (ii) The Exit Triggering Party shall, in any event, participate in the Exit as a bona fide Relevant Bidder including, for the avoidance of doubt, if on or after the date on which the Exit Trigger Event has been triggered the Exit Triggering Party had Transferred all or part of its Shares. Notwithstanding the above, the Exit Triggering Party or any subsequent replacing Shareholder in accordance with the provisions of this clause 11.2(ii), may be released from its obligation to act as bona fide Relevant Bidder if: (a) Shares so Transferred by the Exit Triggering Party (or a subsequent replacing Shareholder accepted as bona fide Relevant Bidder by the Board) are acquired by a single third party (whether directly, indirectly or through one or more of its Affiliates); (b) such third party accedes this Agreement and submits to the Board a formal, irrevocable, binding and enforceable commitment to replace the Exit Triggering Party (or a subsequent replacing Shareholder accepted as bona fide Relevant Bidder by the Board) as a bona fide Relevant Bidder; and (c) the Board approves the replacement of the Exit Triggering Party (or a subsequent replacing Shareholder accepted as bona fide Relevant Bidder by the Board) as bona fide Relevant Bidder. (iii) Following the date on which the period referred to in paragraph (i) above has elapsed, the Board shall promptly engage an independent financial advisor in order to set up, co-ordinate and advise during the Exit through an auction or bidding process for the sale of...
Sample 1
Exit Process wishing to exit a Pre-AP or AP course between the 16th and 20th day of the semester must take the following steps: • Participate in a documented student/parent/teacher intervention meeting. • Obtain a Pre-AP/AP Exit Form from the counselor’s office. • Complete the exit form, along with student, parent, teacher, and counselor signatures. • Submit the exit form to the counseling center between the 16th and 20th day of the semester or prior to the end of the first semester for a second semester change. • Pre-AP exit forms only may also be turned in at the end of the first grading period or prior to the end of the first semester for a second semester change. A student desiring to exit an AP course after the 20th day of the semester must take the following steps: • Attend a minimum of 3 documented tutorial sessions. • Attend a documented student/parent/teacher/counselor conference. • Obtain an exit form from the counselors’ office and complete the form, along with the parent, teacher, counselor and student signatures. • Submit the exit form to the counseling center for consideration by the AP campus steering committee. • Once the student completes the required steps, the campus steering committee will decide whether to approve or deny the student’s request. In all cases, for Pre-AP or AP exit requests, if the request is approved, schedule changes will be subject to course availability. If a student transfers out of a class, the student’s grades will directly transfer to the course into which the student enters. Students beginning the second semester of a two-semester course are expected to remain in the course throughout the semester.
Sample 1
Exit Process. 61.1 During the Contract Period a new working relationship may be discussed with the market. During the lifetime of this contract, information and process development will need the cooperation of the Provider; this will not be unreasonably withheld. 61.2 It is important that the eventual exit from this contract is considered, either by renewal with another supplier, requirement discontinuation, or contract termination. For each option, the Provider will be required to confirm how it will address the situation, as necessary. The Provider accepts a contractual commitment to undertake and fully cooperate with the Council and other Contracting Authorities to ensure a timely and accurate contract changeover. 61.3 If the Provider exits this Contract, for any reason, all details relating to the Service User, supported by the Council funding, should be delivered to the Council within seven (7) Working Days of the Expiry Date. 61.4 The Provider is to engage actively with the Council to ensure that a transition to a new service provider can be completed with minimal disruption and emotional impact to the Service User. 61.5 A full inventory of the Service User’s personal provisions is to be completed with the Council’s Contract Manager. 61.6 Time and resources will be made available by the Provider to ensure that all queries are resolved within seven (7) Working Days of Contract termination.
Sample 1
Exit Process 
Sample 1

Related to Exit Process

  • Payment Process Subject to the terms and conditions established by the Agreement, the pricing per deliverable established by the Grant Work Plan, and the billing procedures established by Department, Department agrees to pay Grantee for services rendered in accordance with Section 215.422, Florida Statutes (F.S.).

  • Claims Process We have appointed the senior trustee as the authorized representative to take action on behalf of holders of each series of the notes under the guarantee. The authorized representative has agreed to make a demand of the FDIC upon our failure to pay interest or principal on either series of the notes when due. As provided in the FDIC’s regulations, a holder will also have the option to elect not to be represented by the authorized representative. Upon our failure to pay interest or principal, the authorized representative and a holder that has elected not to be so represented must follow the FDIC’s required procedures for making a demand under the guarantee. In addition to the procedures described below, the authorized representative will be required when making a demand, to the extent not previously provided in the master agreement, to provide the FDIC with information regarding its authority, including: its financial and organizational capacity to act as representative, its exclusive authority to act on behalf of each noteholder and its fiduciary responsibility to the noteholders when acting as such, as established by the senior indenture, and its authority to make the assignment of each noteholder’s right, title, and interest in the notes to the FDIC. Any demand under the guarantee must be accompanied by a proof of claim, satisfactory in form and content to the FDIC, which includes evidence of the occurrence of a payment default and the claimant’s ownership of the applicable notes. Upon the commencement of guarantee payments by the FDIC, the claimant must provide to the FDIC an assignment, satisfactory in form and content to the FDIC, of the noteholder’s right, title and interest in the notes to the FDIC and the transfer to the FDIC of any payments from us with respect to the notes. The assignment must also grant to the FDIC the right to receive any and all distributions on the note from the proceeds of any bankruptcy. If a holder receives a payment on a note from a bankruptcy, any obligation of the FDIC under the guarantee would be reduced proportionally. Demands must be made by the authorized representative or by a holder that elects not to be represented by the authorized representative within 60 days of the occurrence of the payment default. Upon payment by the FDIC of any amount under the guarantee, the FDIC will be subrogated to the rights of the recipient noteholder against us, including in respect of any insolvency proceeding, to the extent of such payment.

  • Grievance Process (a) Either party, with the agreement of the other party, may submit a grievance to Grievance Mediation at any time within ten (10) working days after the Employer’s decision has been rendered at the step prior to arbitration. Where the matter is so referred, the mediation process shall take place before the matter is referred to Arbitrator. (b) Grievance Mediation shall be scheduled within twenty (20) working days of the grievance being submitted to mediation, or longer period as agreed by the parties. (c) No matter may be submitted to Grievance Mediation which has not been properly carried through the grievance procedure, provided that the parties may extend the time limits fixed in the grievance procedure. (d) The parties shall agree on a mediator. (e) Proceedings before the Mediator shall be informal. Accordingly, the rules of evidence will not apply, no record of the proceedings shall be made and legal counsel shall not be used by either party, unless otherwise mutually agreed. (f) If possible, an agreed statement of facts will be provided to the Mediator, and if possible, in advance of the Grievance Mediation Conference. (g) The Mediator will have the authority to meet separately with either party. (h) If no settlement is reached within five (5) working days following Grievance Mediation, the parties are free to submit the matter to Arbitration in accordance with the provisions of the collective agreement. In the event that a grievance which has been mediated subsequently proceeds to arbitration, no person serving as the Mediator may serve as an Arbitrator, unless otherwise mutually agreed. Nothing said or done by the mediator may be referred to Arbitration. (i) The Union and Employer will share the cost of the Mediator, if any.

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