Mid-Year Transfers Sample Clauses

Mid-Year Transfers. Upon the transfer of a Unit, Income, Capital Gain and Loss attributable to the transferred Unit shall, for federal income tax purposes, be allocated to the owners of such Unit on the basis of the Income or Loss for each month that such Person was the owner of such Units, determined on an interim closing of the books method. The Members may revise, alter or otherwise modify the method of allocation as they determine necessary to comply with Code Section 706 and the Reg. promulgated thereunder.
Mid-Year Transfers. 1. Employees who accept a position in the spring for the following school year must remain in the new position for the entire year. 2. Employees may apply and be selected for a stipend position at any time of year if it constitutes a promotional opportunity. 3. Mid-year transfers can only occur in secondary schools at the semester break. 4. Internal candidates currently teaching in an elementary position may apply for such positions advertised after October 1. If an internal candidate accepts a position, but a mid-year transfer is not agreed upon by their current principal, that position will be filled by a one (1) year contract teacher. The recommended internal candidate will be placed into that position (or another position at that school with the same category or categories) the following year. The one (1) year teacher filling this position would not be retained and the position will not be advertised again. If funding shortfalls reduce positions and no position in the category is available, the recommended candidate will remain in his/her current position and will not displace a less senior teacher from the school. 5. A mid-year transfer may occur if the employee, SEA and SPS mutually agree to such transfer. Ordinarily, these transfers should occur within two (2) weeks.
Mid-Year Transfers. 02.01 All Teachers who are transferred to a new school site, or assigned a new/additional grade, including prep teachers, within the school, after the school year has started, whether or not the transfer to a new school site, or assignment of a new/additional grade is by mutual consent, shall be entitled to be notified at least 5 (five) school days in advance of the transfer/assignment at least 2 (two) of which shall be preparation days without supervision or other duties for the purpose of preparing for the new assignment. All Teachers who are required to move classrooms after the school year has started, whether or not the transfer to a new classroom is by mutual consent, shall be entitled to be notified at least 5 (five) school days in advance of the move at least 1 (day) of which shall be without supervision or other duties for the purpose of relocation.
Mid-Year Transfers. All Teachers who are transferred to a new school site or assigned a new/additional grade within the school, after the school year has started, whether or not the transfer to a new school site or assignment of a new/additional grade is by mutual consent, shall be entitled to be notified at least 5 (five) school days in advance of the transfer/assignment at least 2 (two) of which shall be preparation days without supervision or other duties for the purpose of preparing for the new assignment. Teachers receiving increases in contractual entitlement may be excluded from this benefit. Appeals concerning this decision may be made to the Joint Staffing Committee for consideration.
Mid-Year Transfers. Employees may apply for advertised positions and transfer at any time of the school year, if selected, but may only transfer once per year. If an employee has not transferred during the current school year, they may apply for and accept any position that is offered to them at any time.
Mid-Year Transfers. 8.7.1. Teachers required to transfer schools mid-year shall be provided with 2 days to relocate their classroom. Additional time may be granted in consultation with the employer. Any costs related to board-directed teacher transfer shall be the responsibility of the employer.
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Mid-Year Transfers. In the case of Units that have been transferred during the Company’s fiscal year, unless otherwise agreed by the parties: 12.6.1 All Net Income and Net Loss allocable to such Units shall be allocated between the transferor and the transferee in the ratio of the number of days in the year before and after the effective date without regard to the dates during the year on which income was earned, losses were incurred, or Cash Available for Distribution was distributed. 12.6.2 Tax credits, if any, shall be allocated among the Members at the time the property with respect to which the credit is claimed is placed in service. 12.6.3 All Gain from Sale or Loss from Sale shall be allocated to the holder of the Units as of the date on which the Company recognizes that Gain or Loss. 12.6.4 Cash Available for Distribution shall be allocated and distributed to the holder(s) of the Units on the date of distribution.
Mid-Year Transfers. 02.01 All Teachers who are transferred to a new school site or assigned a new/additional grade within the school, after the school year has started, whether or not the transfer to a new school site or assignment of a new/additional grade is by mutual consent, shall be entitled to be notified at least 5 (five) school days in advance of the transfer/assignment at least 2 (two) of which shall be preparation days without supervision or other duties for the purpose of preparing for the new assignment.
Mid-Year Transfers. In the case of an Interest that has been transferred during the year, unless otherwise agreed by the parties to the transfer: (a) All Net Income and Loss allocable to the Interest shall be allocated between the transferor and the transferee in the ratio of the number of days in the year before and after the effective date of the transfer without regard to the dates during the year on which income was earned, losses were incurred or Net Cash from Operations was distributed. (b) Tax credits, if any, shall be allocated among the Members at the time the property with respect to which the credit is claimed is placed in service. (c) All Gain or Loss from Sale shall be allocated to the holder of the Interest as of the date on which the Company recognizes that Gain or Loss from Sale.
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