Litigation Trust Board Sample Clauses

Litigation Trust Board. The initial members of the Litigation Trust Board shall be (i) , (ii) , and (iii) . The Litigation Trust Board shall make certain determinations, in accordance with this Agreement and the MRC/Marathon Plan. Approval of a majority of the members of’ such Litigation Trust Board shall be required for the Litigation Trust Board to act, provided that the Litigation Trust Board may delegate responsibility for discrete issues or, decisions to one or more of its members. The Litigation Trust Board shall have the rights and powers set forth herein. In the event that a Litigation Trust Board shall not continue to exist under this Agreement, all references herein to required approval or other action of such Litigation Trust Board shall be of no force or effect.
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Litigation Trust Board. 4.1 Litigation Trust Board A litigation trust board (the “Litigation Trust Board”) shall initially consist of three Persons selected to serve in such capacity prior to the Effective Date by the Initial Consenting Noteholders, as listed on Schedule C hereto. No holder of Litigation Trust Interests (except to the extent such holder is a member of the Litigation Trust Board) shall have any consultation or approval rights whatsoever in respect of management and operation of the Litigation Trust.

Related to Litigation Trust Board

  • Class Counsel Fees include the fees, disbursements, costs, interest, GST or HST (as the case may be) and other applicable taxes or charges thereon, including any amounts payable by Class Counsel or the Settlement Class Members to any other body or Person as a result of the Settlement Agreement, including the Fonds d’aide aux actions collectives in Québec.

  • Tax Matters Member The Company and each Member hereby designate the Managing Member as the “tax matters partner” for purposes of Code Section 6231(a)(7) (the “Tax Matters Member”).

  • ANTI-TRUST CLAIM Contractor and its subcontractor(s) agree to assign to the District all rights, title, and interest in and to all causes of action they may have under Section 4 of the Xxxxxxx Act (15 U.S.C. Sec. 15) or under the Xxxxxxxxxx Act (Chapter 2 (commencing with Section 16700) of Part 2 of Division 7 of the Business and Professions Code), arising from purchases of goods, services, or materials pursuant to the Contract or a subcontract. This assignment shall be made and become effective at the time the District tenders final payment to the Contractor, without further acknowledgment by the Parties.

  • Committee Action (a) All matters to be acted on by the Management Committee shall be brought up for a vote or approval in the form of a motion, which must be seconded. Only one motion may be pending at one time.

  • Tax Matters Partner A. The General Partner shall be the "tax matters partner" of the Partnership for Federal income tax purposes. Pursuant to Section 6223(c) of the Code, upon receipt of notice from the IRS of the beginning of an administrative proceeding with respect to the Partnership, the tax matters partner shall furnish the IRS with the name, address and profit interest of each of the Limited Partners and Assignees; provided, however, that such information is provided to the Partnership by the Limited Partners and Assignees.

  • Advisory Board (a) The Managing Member may establish an Advisory Board comprised of members of the Managing Member’s expert network and external advisors. The Advisory Board will be available to provide guidance to the Managing Member on the strategy and progress of the Company. Additionally, the Advisory Board may: (i) be consulted with by the Managing Member in connection with the acquisition and disposal of a Series Asset, (ii) conduct an annual review of the Company’s acquisition policy, (iii) provide guidance with respect to, material conflicts arising or that are reasonably likely to arise with the Managing Member, on the one hand, and the Company, a Series or the Economic Members, on the other hand, or the Company or a Series, on the one hand, and another Series, on the other hand, (iv) approve any material transaction between the Company or a Series and the Managing Member or any of its Affiliates, another Series or an Economic Member (other than the purchase of interests in such Series), (v) provide guidance with respect to the appropriate levels of annual fleet level insurance costs and maintenance costs specific to each individual Series Asset, and review fees, expenses, assets, revenues and availability of funds for distribution with respect to each Series on an annual basis and (vi) approve any service providers appointed by the Managing Member in respect of the Series Assets.

  • The Unemployment Trust Fund 8.3.1 The State shall use the following method to calculate State interest liabilities on funds withdrawn from the several accounts in the Unemployment Trust Fund: The State shall use the following methodology to calculate State interest liabilities on funds withdrawn from the several accounts in the UTF under the Unemployment Insurance program. Based on statements provided by its financial institution, or other appropriate source, the State shall determine the actual interest earnings and the related banking costs attributable to funds withdrawn from its account in the UTF. At the end of the State's fiscal year, the State shall calculate the percentage of its total unemployment compensation expenditures for (1) funds withdrawn from the State account in the UTF, or the State %, and (2) funds withdrawn from the Federal Employees Compensation Account (FECA) and the Extended Unemployment Compensation Account (EUCA) and any other accounts of Federal funds in the UTF, or the Federal %. The State shall calculate the actual interest earnings and the related banking costs attributable to funds withdrawn from the State account in the UTF by multiplying the State % by the amount of the actual interest earnings and the related banking costs of the account as a whole. The State's liability for interest on funds withdrawn from its account in the UTF shall consist of the actual interest earnings attributable to such funds less the related banking costs attributed to such funds. The State shall determine the average daily cash balance of its unemployment compensation benefit payment account for its fiscal year. The State shall calculate the average daily cash balance of Federal funds by multiplying the Federal % by the average daily cash balance of the benefit payment account on the whole. The State's liability for interest on funds withdrawn from the FECA and EUCA (and any other benefit accounts of Federal funds in the UTF from which the State draws funds) shall be the average daily cash balance of Federal funds multiplied by the annualized rate equal to the average equivalent yields of 13-week Treasury bills auctioned during the State's fiscal year.

  • Oversight Committee The Company and Union shall each appoint two members to be part of an Oversight Committee. The Oversight Committee will attempt to resolve any issues that may arise regarding this Letter of Agreement. Issues that the Oversight Committee cannot resolve will be escalated to the Company’s and Union’s respective designees to attempt resolution prior to a grievance being filed and Subsection 102.3(a)(2) timelines will be waived. The Oversight Committee shall also meet and confer over the assessment and advanced placement of new entrants into the Towerman LOP. If you agree, please so indicate in the space provided below and return one executed copy of this letter to the Company. Very truly yours, PACIFIC GAS & ELECTRIC COMPANY By: S/Xxxxxx Xxxx Xxxxxx Xxxx Senior Director The Union is in agreement. CIO LOCAL UNION NO. 1245, INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, AFL- May 25 , 2017 By: S/Xxx Xxxxxxx Xxx Xxxxxxx Business Manager LETTER AGREEMENT NO. 19-15-PGE‌ PACIFIC GAS AND ELECTRIC COMPANY LABOR RELATIONS 000 X. XXXXX XXXX SUITE 130 WALNUT CREEK, CA 94598 925.974.4461 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, AFL-CIO LOCAL UNION 1245, I.B.E.W. P.O. BOX 2547 VACAVILLE, CALIFORNIA 95696 707.452.2700 XXXXXXX XXXX DIRECTOR XXX XXXXXXX BUSINESS MANAGER May 14, 2019 Xx. Xxx Xxxxxxx, Business Manager Local Union No. 1245 International Brotherhood of Electrical Workers, AFL-CIO P.O. Box 2547 Vacaville, CA 95696 Dear Xx. Xxxxxxx: In 2015, the parties agreed to Letter of Agreement 15-07 and by doing so created a career path for the Towerman classification (Code 50010430) to move into the General Construction (GC) Line of Progression. This career path was then updated with the language of Letter of Agreement 17-40 which eliminated the Pre-Apprentice Lineworker classification. Following the implementation of the above agreements, the parties have recognized a need to clarify the bidding rights from the Towerman position to GC Apprentice Lineman (Code 50449567). Specifically, the two prior agreements noted that top of the rate Towermen will be released from the five-year lock provided for in Letter of Agreement 07-33 to bid to Title 300 General Construction Apprentice Lineworker positions. Going forward, the parties agree that the above release from the Letter of Agreement 07-33 lock to bid is only to those GC Apprentice Lineman positions in the Electric Transmission organization. The employee will no longer be released from the provisions of Letter of Agreement 07-33 to bid to Title 300 GC Line positions in distribution. All other terms and conditions of Letters of Agreement 15-07 and 17-40 are to remain in effect in regard to the Towerman position. If you agree, please so indicate in the space provided below and return one executed copy of this letter to the Company. Very truly yours, PACIFIC GAS AND ELECTRIC COMPANY By: s/Xxxxxxx Xxxx Xxxxxxx Xxxx Director The Union is in agreement. CIO LOCAL UNION NO. 1245, INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, AFL- July 22 , 2019 By: s/Xxx Xxxxxxx Xxx Xxxxxxx Business Manager LETTER AGREEMENT NO. 19-19-PGE‌ PACIFIC GAS AND ELECTRIC COMPANY LABOR RELATIONS 000 X. XXXXX XXXX SUITE 130 WALNUT CREEK, CA 94598 925.974.4461 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, AFL-CIO LOCAL UNION 1245, I.B.E.W. P.O. BOX 2547 VACAVILLE, CALIFORNIA 95696 707.452.2700 XXXXXXX XXXX DIRECTOR XXX XXXXXXX BUSINESS MANAGER June 7, 2019 Xx. Xxx Xxxxxxx, Business Manager Local Union No. 1245 International Brotherhood of Electrical Workers, AFL-CIO P.O. Box 2547 Vacaville, CA 95696 Dear Xx. Xxxxxxx: The implementation of Letter of Agreement 17-40 updated the Apprentice Lineman program. Since then, the parties continue to meet regularly to evaluate the Apprentice Lineman program and develop improvements as necessary. During these evaluations, it has become apparent that the program needs to improve the process for employees entering the apprenticeship. Currently, employees are required to attend the Company’s Three-Day Climbing Course prior to reporting to the positions. However, the current requirement is only to complete the course. Based on input from the above review, this Agreement proposes to establish a requirement to pass the above Three-Day Climbing Course prior to entry into the Apprentice Lineman or Apprentice Lineman – GC positions. The new requirement to successfully complete the course will be effective with those internal bidders, including those awarded the positions through an Unrestricted Award, who are beginning the apprenticeship on August 1, 2019, or later. An internal bidder who is unsuccessful at the Three-Day Climbing Course will be bypassed for that specific job award. However, the employee will be provided one additional opportunity to successfully complete the course should he or she receive an additional Apprentice Lineman bid or award. If you agree, please so indicate in the space provided below and return one executed copy of this letter to the Company. Very truly yours, PACIFIC GAS AND ELECTRIC COMPANY The Union is in agreement. CIO By: s/Xxxxxxx Xxxx Xxxxxxx Xxxx Director LOCAL UNION NO. 1245, INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, AFL- June 11 , 2019 By: s/Xxx Xxxxxxx Xxx Xxxxxxx Business Manager Retained for Historical Purposes LETTER AGREEMENT NO. 93-69-PGE October 8, 1993 Pacific Gas & Electric Co. 000 Xxxxxxx Xxxxxx, Xxxxxxxxx Xxxxx Xxx Xxxxxxxxx, XX 00000 Attention: Mr. Xxxxx Xxxxxxx Director & Chief Negotiator Gentlemen: Pursuant to the provisions of Titles 305 and 306 and the understandings reached at the conclusion of negotiations for the Labor Agreement dated January 1, 1991, and the Union and Company Subcommittees' subsequent discussions, we are submitting the following proposal relative to the Lines of Progression in the General Construction Line Department as they pertain to Titles 305 and 306. The proposed Lines of Progression are set forth on the attached General Construction Line Department Lines of Progression chart. Other letter agreements, Labor Agreement Clarifications and grievance settlements clarifying the Lines of Progression are also attached. Certain of these letter agreements and clarifications have been modified to reflect other changes that took place subsequent to the signing of the original document. Such changes are identified in each document by bracketing [ ] deletions and boldfacing additions. Each document is incorporated herein as though set forth in full. These Lines of Progression will be effective on execution of this letter agreement. If you are in accord with the foregoing and agree thereto, please so indicate in the space provided below and return one executed copy of this letter to the Union. Yours truly, LOCAL UNION NO. 1245, INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, AFL-CIO By: s/Xxxx XxXxxxx Xxxx XxXxxxx Business Manager The Company is in accord with the foregoing and agrees thereto as of the date hereof. PACIFIC GAS AND ELECTRIC COMPANY October 15 , 1993 By: s/Xxxxx X. Xxxxxxx Xxxxx Xxxxxxx Director & Chief Negotiator Attachment: a/s RS:Im Retained for Historical Purposes GENERAL CONSTRUCTION CLASSIFICATION CONSOLIDATION

  • TRANSITION COMMITTEE 8.1.0 A transition committee comprised of the employee representatives and the employer representatives, including the Crown, will be established by January 31, 2016 to address all matters that may arise in the creation of the Trust.

  • Contractor Hearing Board 1. If there is evidence that the Contractor may be subject to debarment, the Department will notify the Contractor in writing of the evidence which is the basis for the proposed debarment and will advise the Contractor of the scheduled date for a debarment hearing before the Contractor Hearing Board.

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