Membership Option Sample Clauses

Membership Option. All full-time, part-time and per diem nurses who are members of the Association, or who agree to pay a fee for collective bargaining service, at the time of ratification of this Agreement, and all full-time, part-time and per diem nurses who voluntarily join the Association, or who agree to pay a fee for collective bargaining service, during the term of this Agreement must retain that status in good standing as a condition of continued employment. All full-time and pati-time nurses, and per diem nurses hired after ratification, shall have thirty (30) calendar days from the date of employment (hire) in which to give written notice by email to the Association of their intention not to join the Association (a copy of such notice shall be furnished to the Hospital). If the newly employed nurse fails to exercise the foregoing option within thirty (30) calendar days, then said nurse shall be required to become and remain a member of the Association in good standing within thirty-one (31) calendar days of employment (hire) as a condition of continued employment. Good standing is herein defined as the tendering of the Association dues or service fees on a timely basis. Nurses who fail to comply with this requirement shall be discharged by the Hospital within thitiy (30) calendar days after receipt of written notice to the Hospital from the Association unless the nurse fulfills the membership or service fee obligation set fotih in this Agreement within that thirty (30) day period, and such discharge shall be deemed for just cause pursuant to this Agreement.
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Membership Option. 8 If a nurse fails to exercise the options in Paragraph 3 for non- 9 membership or fair share contribution, the nurse shall have sixty (60) 10 calendar days following the day of employment within which to join the 11 Association or on demand of the Association be terminated by the 12 Hospital.
Sample 1
Membership Option. The RTA Welfare Trust Fund has been established for the benefit of members of the Association(s) employed by the District. The District shall fund this benefit to members o f the Bargaining Unit to the same extent that benefits are funded for members of the Rhinebeck Teachers' Association. The uses o f the Fund are subject to the approval of the Superintendent. The Fund may be used for medical assistance programs, life insurance or any other programs agreed to by the RTA and the Superintendent. This Fund will be administered by the RTA and there shall be no buy-out option.
Sample 1
Membership Option. Many science centres and science museums offer a possibility to become a member of the centre. Memberships can be general or tailored for adults, children, or other target groups. For children, the name of the membership is typically something like a club, passport or science pass, in an effort to tempt young visitors.
Sample 1
Membership Option. Subject to conditions set forth within this Article 2, regular full-time employees and regular part-time employees within 90 calendar days of hire shall as a condition of employment and at their option either: (1) apply for membership in the Union and if accepted, maintain membership in good standing thereafter during the term of this Agreement or, (2) alternatively arrange to pay to the Union a service fee equal in amount to the membership dues uniformly required for all members of the same class.
Sample 1

Related to Membership Option

  • No Rights as Stockholder Until Exercise This Warrant does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the exercise hereof as set forth in Section 2(d)(i), except as expressly set forth in Section 3.

  • No Rights as Shareholder Until Exercise; No Settlement in Cash This Warrant does not entitle the Holder to any voting rights, dividends or other rights as a shareholder of the Company prior to the exercise hereof as set forth in Section 2(d)(i), except as expressly set forth in Section 3. Without limiting any rights of a Holder to receive Warrant Shares on a “cashless exercise” pursuant to Section 2(c) or to receive cash payments pursuant to Section 2(d)(i) and Section 2(d)(iv) herein, in no event shall the Company be required to net cash settle an exercise of this Warrant.

  • Purchase Right Without prejudice to the enforcement of the Senior Secured Parties’ remedies, the Senior Secured Parties agree that following (a) the acceleration of the Senior Obligations in accordance with the terms of the Credit Agreement Loan Documents or (b) the commencement of an Insolvency or Liquidation Proceeding (each, a “Purchase Event”), within thirty (30) days of the Purchase Event, one or more of the Second Priority Debt Parties may request, and the Senior Secured Parties hereby offer the Second Priority Debt Parties the option, to purchase all, but not less than all, of the aggregate amount of outstanding Senior Obligations outstanding at the time of purchase at par, plus any premium that would be applicable upon prepayment of the Senior Obligations and accrued and unpaid interest, fees, and expenses without warranty or representation or recourse (except for representations and warranties required to be made by assigning lenders pursuant to the Assignment and Assumption (as such term is defined in the First Lien Credit Agreement)). If such right is exercised, the parties shall endeavor to close promptly thereafter but in any event within ten (10) Business Days of the request. If one or more of the Second Priority Debt Parties exercise such purchase right, it shall be exercised pursuant to documentation mutually acceptable to each of the Senior Representative and the Second Priority Representative, subject to any consent rights of the Borrowers under the First Lien Credit Agreement or any applicable Senior Debt Document. If none of the Second Priority Debt Parties exercise such right, the Senior Secured Parties shall have no further obligations pursuant to this Section 5.07 for such Purchase Event and may take any further actions in their sole discretion in accordance with the Senior Debt Documents and this Agreement.

  • No Rights as Stockholder Until Exercise; No Settlement in Cash This Warrant does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the exercise hereof as set forth in Section 2(d)(i), except as expressly set forth in Section 3. Without limiting any rights of a Holder to receive Warrant Shares on a “cashless exercise” pursuant to Section 2(c) or to receive cash payments pursuant to Section 2(d)(i) and Section 2(d)(iv) herein, in no event shall the Company be required to net cash settle an exercise of this Warrant.

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