Limitations on Participation. The District will not, under any circumstances, be responsible for any employee penalties or costs associated with retirement benefits granted under this Agreement. The parties agree that if legislation is enacted or administrative rules adopted during the life of this agreement that adversely affects the Board’s obligations or employee rights under any of the benefits set forth in this Article, then the provisions relating to such benefits are null and void, and the parties agree to meet within thirty days of the passage of the legislation to renegotiate the provision and the impact on any and all employees. The parties further agree that if legislation is enacted or administrative rules adopted during the life of this agreement to amend Section 16-158(f) of the Illinois Pension Code [40 ILCS 5/16-158(f)] (i.e., “6% penalty” provision), the parties agree to meet within thirty (30) days of the passage of the legislation to negotiate the impact of such legislation.
Limitations on Participation. The parties agree that if legislation is enacted or administrative rules adopted during the life of this agreement that adversely affects the Board’s obligations or employee rights under any of the benefits set forth in this Article, then the provisions relating to such benefits are null and void. The parties agree to meet within thirty days of the passage of legislation to renegotiate the provision and the impact on any and all employees. The parties further agree that if legislation is enacted or administrative rules adopted during the life of this agreement to amend the “6% penalty” provision, the parties agree to meet within thirty days of the passage of the legislation to negotiate the impact of such legislation.
Limitations on Participation. Doctor acknowledges and agrees that CCMI may determine at any time, in its sole and absolute discretion, that the participation of Doctor in some CCMI programs may not be appropriate due to the geographic area(s) served by either the Doctor or the particular health plan company or Payor, or for such other reasons as CCMI or the health plan company may reasonably determine. CCMI makes no representations or guarantees concerning the number of Enrollees, if any, that will access Doctor.
Limitations on Participation. The District will not, under any circumstances, be responsible for any employee penalties or costs associated with retirement benefits granted under this Agreement. The parties agree that if legislation is enacted or administrative rules adopted during the life of this agreement that affects the Board’s obligations or employee rights under any of the benefits set forth in this Article, then the provisions relating to such benefits are null and void, and the parties agree to meet within thirty days of the passage of the legislation to renegotiate the provision and the impact on any and all employees.
Limitations on Participation. If the general partner of any Member determines that the partnership interest of any Fund LPs will be liquidated, redeemed, or repurchased, or that any Fund LPs shall otherwise withdraw as a partner of any Member in return for any consideration provided by such Member, in each case, pursuant to the procedures set forth in Section 9.10 of the Co-Investment Fund Agreement, the Main Fund Agreement, or the Parallel Fund Agreement, then, notwithstanding anything herein to the contrary, the Manager may cause CF LLC to take such actions as the Manager determines to be necessary or appropriate in connection therewith in order to implement such liquidation, redemption, repurchase or withdraw, including, without limitation, full or partial liquidation, redemption, or repurchase of the affected Member’s Interest, payment of cash distributions to the affected Member in lieu of distributions in kind, or such other actions as the Manager determines to be necessary or appropriate.
Limitations on Participation. No Holder may participate in any underwritten registration hereunder unless such Holder (a) agrees to sell such Holder's securities on the basis provided in any underwritten arrangements approved by the Company and (b) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements, custody agreements and other documents required under the terms of such underwriting arrangements.
Limitations on Participation. The Board reserves the right to limit the number of employees who shall be approved for this plan each year for reasons which are in the best interests of the district.
Limitations on Participation. The parties agree that if legislation is enacted or administrative rules adopted during the life of this agreement that affects the Board’s obligations or employee rights under any of the benefits set forth in the Article, then the provision relating to such benefits are null and void, and the parties agree to meet within thirty days of the passage of the legislation to renegotiate the provision and the impact on any and all employees.
Limitations on Participation. The Board reserves the right to limit the number of teachers who shall be approved for this plan each year for reasons which are in the best interests of the District. However, in no event shall the Board limit the number of teachers who shall be approved for this plan in any year to less than two when two are eligible and apply or, if more than two, fifty percent (50%) of the teachers eligible for regular retirement or early retirement without a penalty. Eligibility of those retiring shall be established on the basis of seniority in the District. This benefit may not be used in combination with any other retirement benefit currently offered or legislatively enacted during the term of this Agreement.
Limitations on Participation. The Board reserves the right to limit the number of teachers who shall be approved for this plan each year for reasons which are in the best interests of the district. However, in no event shall the Board limit the number of teachers who shall be approved for this plan in any year to less than fifty percent (50%) of the teachers eligible for regular retirement. If the Board exercises its option to limit the number of teachers who shall be approved for this plan, the Board shall limit the number of teachers based on the teachers’ seniority in District 62, giving preference for approval to those teachers with the greatest seniority. However, unless the parties agree to continue this Article in a subsequent collective bargaining agreement, the foregoing benefits will be denied to those who theretofore have not applied for regular retirement on or before June 30, 2012 in that this Article creates no vested right to benefits.
