- Failure to Achieve Projected Revenues Sample Clauses

- Failure to Achieve Projected Revenues. This Agreement is dependent upon receipt by Xxxxxxxxxx College of the revenues projected by Xxxxxxxxxx College as necessary to implement the Agreement. Should revenues fall below the levels necessary to implement this Agreement, Management shall immediately notify the Union of the shortfall in revenues and of its proposals, if any, for such modifications of this Agreement as are, in the judgment of Management, made necessary by the shortfall. Thereafter, Management and the Union shall promptly meet and bargain in good faith in an attempt to reach an agreement that can be implemented within the revenues received by Xxxxxxxxxx College.
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- Failure to Achieve Projected Revenues. This Agreement is dependent upon receipt by Xxxxxxxxxx College of the revenues projected by Xxxxxxxxxx College as necessary to implement the Agreement. Should revenues fall below the levels necessary to implement this Agreement, Management shall immediately notify the Chapter of the shortfall in revenues and of its proposals, if any, for such modifications of this Agreement as are, in the judgment of Management, made necessary by the shortfall. Thereafter, Management and the Chapter shall promptly meet and bargain in good faith in an attempt to reach an agreement which can be implemented within the revenues received by Xxxxxxxxxx College. If Management and the Chapter are unable to reach such agreement within ten (10) calendar days, the State Commissioner of Labor and Industry, or his designee, shall participate in the negotiations as a mediator. If Management and the Chapter are unable to reach an agreement within ten (10) calendar days after the commencement of mediation, either Management or the Chapter may request fact-finding. Upon such request, Management and the Chapter shall attempt to agree to a fact finder. If Management and the Chapter are unable to agree to a fact finder they shall jointly request the American Arbitration Association to furnish a list of seven
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- Failure to Achieve Projected Revenues. This Agreement is dependent upon receipt by Xxxxxxxxxx College of the revenues projected by Xxxxxxxxxx College as necessary to implement the Agreement. Should revenues fall below the levels necessary to implement this Agreement, Management shall immediately notify the Chapter of the shortfall in revenues and of its proposals, if any, for such modifications of this Agreement as are, in the judgment of Management, made necessary by the shortfall. Thereafter, Management and the Chapter shall promptly meet and bargain in good faith in an attempt to reach an agreement which can be implemented within the revenues received by Xxxxxxxxxx College. If Management and the Chapter are unable to reach such agreement within ten (10) calendar days, the State Commissioner of Labor and Industry, or his designee, shall participate in the negotiations as a mediator. If Management and the Chapter are unable to reach an agreement within ten (10) calendar days after the commencement of mediation, either Management or the Chapter may request fact-finding. Upon such request, Management and the Chapter shall attempt to agree to a fact finder. If Management and the Chapter are unable to agree to a fact finder they shall jointly request the American Arbitration Association to furnish a list of seven (7) qualified and impartial persons, one of whom shall be selected as the fact finder. Selection shall be made by Management and the Chapter alternately striking any name from the list, until only one name remains. The person whose name remains shall be the fact finder. The fact finder shall conduct a hearing within ten (10) calendar days of his appointment and shall issue a report containing his findings of fact and recommendations to Management and the Chapter within five (5) calendar days of the close of the hearing. If Management and the Chapter are unable to reach agreement within three (3) calendar days after receipt of the fact finder's report, either Management or the Chapter may release the report to the public. Go to top
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- Failure to Achieve Projected Revenues. This Agreement is dependent upon receipt by Prince Xxxxxx’s Community College of the revenues projected by Prince Xxxxxx’s Community College as necessary to implement the Agreement. Should revenues fall below the levels necessary to implement this Agreement, the College shall immediately notify the Union of the shortfall in revenues and of its proposals, if any, for such modifications of this Agreement as are, in the judgment of the College, made necessary by the shortfall. Should revenues necessary to implement the Agreement be reduced, modified, or rejected by the Prince Xxxxxx’s County Council, the College or the Union may reopen the Agreement. In these circumstances, the College and the Union shall promptly meet and bargain in good faith in an attempt to reach an agreement that can be implemented within the revenues received by Prince Xxxxxx’s Community College. If the College determines that the actual revenues received by the College permit additional adjustments to employee wages, the College shall notify the Union, and the Parties agree to promptly meet and negotiate in good faith in an effort to reach agreement on such changes.
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