Noting that Sample Clauses

Noting that. 3.1. PSCBC Resolution 2 of 2011 specifies timeframes for the conclusion and/or implementation of certain issues including: 3.1.1. Development of a home ownership scheme; 3. 1.2. Minimum Service Level Agreement; and 3.1.3. Development of a remuneration policy. 3.2. These timeframes have or will not be met; 3.3. The wage bill as a percentage of GDP has increased from 9.4% in 2007 to 10.5% in 2011/12; 3.4. The real GDP growth has decreased from 6% in 2007/8 to 2.8% in 2011/12. This implies that government will not be able to meet its priorities, like infrastructure spending, poverty alleviation initiatives, etc without borrowing for recurring expenses, such as wages; 3.5. That unemployment remains relatively high, and that parties have a responsibility to assist government in its effort to reduce unemployment and poverty; 3.6. Government’s initiative to grow the economy through investment in infrastructure development; and 3.7. Additional to the salary increment referred to in paragraph 4. below; on 1 July 2012 (with the exception of South African Police Services Act personnel, who receive pay progression every three years) satisfactory performers will receive their pay progression in accordance with PSCBC Resolution 3 of 2009 and the various OSD resolutions signed in the sectors. 1 | THE PARTIES TO COUNCIL AGREE AS FOLLOWS:
Noting that. 2.1 Section 30 of the Labour Relations Act No. 66 of 1995 (“the LRA” stipulates that the constitution of every bargaining council must provide for the procedure to be followed if a dispute arises between parties to the bargaining council; 2.2 PSCBC has concluded and signed resolution 3 of 1998 that sets out dispute resolution procedures of Council.
Noting that. The parties hereby recognize that the relevant matter was a mistake that occurred during the drafting of PSCBC Res 3 of 1999 and agree that clause 5 of Part XVI of PSCBC Resolution 3 of 1999 be amended to read as follows: “If the employer requires an employee to occupy specific housing, the employee shall pay: 5.1 for standard housing, defined as housing built with permanent materials, (a) for married housing, 4 percent of her or his basic salary to a maximum of R 200 per month; or (b) for single housing, 1 percent of her or his basic salary; 5.2 for non-standard housing, for instance prefabricated housing, 75 percent of the rent for equivalent standard housing; or 5.3 for voetstoots housing, which means housing that has deteriorated to the point where it cannot be fully repaired, 50 percent of the rent for equivalent standard housing.”
Noting that. 3.1 Government has been paying the non-pensionable cash allowance as provided for in clause 3.3 of PSCBC Resolution 1 of 2021; and 3.2 Government may introduce measures in consultation with organised labour to source the additional funding required to cover the baseline increase provided for in this agreement.
Noting that. Clause 3 and 4 of Resolution 12 of 2001 amended the timeframes stipulated in Clause 8.2 of Resolution 9 of 2001 as well as Clause 4 of Resolution 10 of 2001.
Noting that. 2.1 Section 24 of the Labour Relations Act No: 66 of 1995 (“the Act “) stipulates that every collective agreement must provide for a procedure to resolve any dispute about the interpretation or application of the collective agreement; 2.2 Resolution 5 of 2000 did not provide for transitional dispute resolution procedures for disputes that arose before 1 June 2000.
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Noting that. 1.1 Clause 12 (4) of the Council’s constitution provides that the parties to the dispute must agree on the person from the panel of conciliators, the panel of arbitrators or the panel of the accredited agency . If the parties to a dispute cannot agree, the secretary must appoint a member of the relevant panel to conciliate or arbitrate the dispute within 14 days after referral of the dispute to the Council; 1.2 Clause 13 (4) provides that a referral of a dispute to the Council for c onciliation must be made in writing to the secretary within the time period contemplated in the Act or any other relev ant statute or collective agreement except that the Council may condone the late referral of a dispute for c onciliation - (a) subject to the Act, relevant statute or collective agreement; and (b) on good caus e shown; 1.3 Clause 13 (5) provides that the party who refers the dispute must satisfy the secretary that a copy of the referral has been serv ed on all other parties to the dispute; 1.4 Clause 13 (6) provides that, if satisfied that the referral has been serv ed in complianc e with sub- clause 4 and that none of the parties to the dispute fall outside the registered scope of the Council, the secretary must - (a) if there is a collec tive agreement in existence as contemplated in sub-clause (2), refer the dispute for resolution in terms of that proc edure; (b) if c onciliators have been appointed in terms of clause 12 (1), ensure that a person in appointed in accordance with the procedure contemplated in clause 12(4), for purposes of resolving the dispute through conciliation; or (c) if conc iliators hav e not been appointed in terms of clause 12(1) refer the dispute to the Commission for conciliation, Mediation and Arbitration in terms of the Act; 1.5 Clause 13 (7) provides that, if a party to the Council has referred a dispute for resolution in accordanc e with the procedure contained in a collective agreement contemplated in sub-clauses (2) and (3), that party to be dispute must notify the secretary in writing of - (a) its intention to refer the dispute for conciliation in terms of that agreement within 30 days of the dispute arising; and (b) the outcome of the conciliation and/or the consequential dispute resolution process; 1.6 Clause 13 (9) provides that, if the parties to a dispute hav e been authoris ed to follow a dispute procedure outside the auspices of the Council as contemplated in sub-clause (3), the parties must notify the secretary in writ...
Noting that 

Related to Noting that

  • Concerning the Bank (a) The Bank may employ agents or attorneys-in-fact which are not affiliates of the Bank with the prior written consent of the Trust (which consent shall not be unreasonably withheld), and shall not be liable for any loss or expense arising out of, or in connection with, the actions or omissions to act of such agents or attorneys-in-fact, provided that the Bank acts in good faith and with reasonable care in the selection and retention of such agents or attorneys-in-fact. (b) The Bank may, without the prior consent of the Trust, enter into subcontracts, agreements and understandings with any Bank affiliate, whenever and on such terms and conditions as it deems necessary or appropriate to perform its services hereunder. No such subcontract, agreement or understanding shall discharge Bank from its obligations hereunder. 7.2 The Bank shall be entitled to conclusively rely upon any written or oral instruction actually received by the Bank and reasonably believed by the Bank to be duly authorized and delivered. The Trust agrees to forward to the Bank written instructions confirming oral instructions by the close of business of the same day that such oral instructions are given to the Bank. The Trust agrees that the fact that such confirming written instructions are not received or that contrary written instructions are received by the Bank shall in no way affect the validity or enforceability of transactions authorized by such oral instructions and effected by the Bank. If the Trust elects to transmit written instructions through an on-line communication system offered by the Bank, Trust’s use thereof shall be subject to the terms and conditions attached hereto as Appendix A. 7.3 The Bank shall establish and maintain a disaster recovery plan and back-up system satisfying the requirements of its regulators (the “Disaster Recovery Plan and Back-Up System”). The Bank shall not be responsible or liable for any failure or delay in the performance of its obligations under this Agreement arising out of or caused, directly or indirectly, by circumstances beyond its control which are not a result of its negligence, including without limitation, acts of God; earthquakes; fires; floods; wars; civil or military disturbances; sabotage; epidemics; riots; interruption, loss or malfunctions of transportation, computer (hardware or software) or communication services; labor disputes; acts of civil or military authority; governmental actions; or inability to obtain labor, material, equipment or transportation, provided that the Bank has established and is maintaining the Disaster Recovery Plan and Back-Up System, or if not, that such delay or failure would have occurred even if the Bank had established and was maintaining the Disaster Recovery Plan and Back-Up System. Upon the occurrence of any such delay or failure the Bank shall use commercially reasonable best efforts to resume performance as soon as practicable under the circumstances. 7.4 The Bank shall have no duties or responsibilities whatsoever except such duties and responsibilities as are specifically set forth in this Agreement and the Participation Agreement, and no covenant or obligation shall be implied against the Bank in connection with this Agreement, except as set forth in this Agreement and the Participation Agreement. 7.5 At any time the Bank may apply to an officer of the Trust for written instructions with respect to any matter arising in connection with the Bank’s duties and obligations under this Agreement, and the Bank, its agents, and subcontractors shall not be liable for any action taken or omitted to be taken in good faith in accordance with such instructions. Such application by the Bank for instructions from an officer of the Trust may, at the option of the Bank, set forth in writing any action proposed to be taken or omitted to be taken by the Bank with respect to its duties or obligations under this Agreement and the date on and/or after which such action shall be taken, and the Bank shall not be liable for any action taken or omitted to be taken in accordance with a proposal included in any such application on or after the date specified therein unless, prior to taking or omitting to take any such action, the Bank has received written or oral instructions in response to such application specifying the action to be taken or omitted. 7.6 The Bank, its agents and subcontractors may act upon any paper or document, reasonably believed to be genuine and to have been signed by the proper person or persons, or upon any instruction, information, data, records or documents provided to the Bank or its agents or subcontractors by or on behalf of the Trust by machine readable input, telex, CRT data entry or other similar means authorized by the Trust, and shall not be held to have notice of any change of authority of any person, until receipt of written notice thereof from the Trust. 7.7 Notwithstanding any provisions of this Agreement to the contrary, the Bank shall be under no duty or obligation to inquire into, and shall not be liable for: (a) The legality of the issue, sale or transfer of any Shares, the sufficiency of the amount to be received in connection therewith, or the authority of the Trust to request such issuance, sale or transfer; (b) The legality of the purchase of any Shares, the sufficiency of the amount to be paid in connection therewith, or the authority of the Trust to request such purchase; (c) The legality of the declaration of any dividend by the Trust, or the legality of the issue of any Shares in payment of any stock dividend; or (d) The legality of any recapitalization or readjustment of the Shares.

  • and 5 above, and this is not explained elsewhere in the Contract Documents, insert here provisions for such reduction or limitation.)

  • and Recall In the event of lay-off, the Hospital shall lay off employees in the reverse order of their seniority within their classification, providing that there remain on the job employees who then have the ability to perform the work. An employee who is subject to lay-off shall have the right to either: accept the lay-off; or

  • and 3 If the two members are unable to agree on a third member of the Commission, or an alternate, then either may refer the matter of appointment to the dispute resolution process under 26.3.0, or, in the absence of that process, to the Supreme Court of the Yukon.

  • and 4 3.2 of the Agreement shall be deleted in their entirety and replaced by the following:

  • Concerning the Shares The Conversion Shares issuable upon conversion of this Note may not be sold or transferred unless (i) such shares are sold pursuant to an effective registration statement under the 1933 Act or (ii) the Borrower or its transfer agent shall have been furnished with an opinion of counsel (which opinion shall be the Legal Counsel Opinion (as defined in the Purchase Agreement)) to the effect that the shares to be sold or transferred may be sold or transferred pursuant to an exemption from such registration or (iii) such shares are sold or transferred pursuant to Rule 144, Rule 144A, Regulation S, or other applicable exemption, or (iv) such shares are transferred to an “affiliate” (as defined in Rule 144) of the Borrower who agrees to sell or otherwise transfer the shares only in accordance with this Section 1.5 and who is an Accredited Investor (as defined in the Purchase Agreement). Except as otherwise provided in the Purchase Agreement (and subject to the removal provisions set forth below), until such time as the Conversion Shares have been registered under the 1933 Act or otherwise may be sold pursuant to Rule 144, Rule 144A, Regulation S, or other applicable exemption without any restriction as to the number of securities as of a particular date that can then be immediately sold, each certificate for the Conversion Shares that has not been so included in an effective registration statement or that has not been sold pursuant to an effective registration statement or an exemption that permits removal of the legend, shall bear a legend substantially in the following form, as appropriate: “NEITHER THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE EXERCISABLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH MAY BE THE LEGAL COUNSEL OPINION (AS DEFINED IN THE PURCHASE AGREEMENT)), IN A GENERALLY ACCEPTABLE FORM, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD PURSUANT TO RULE 144, RULE 144A, REGULATION S UNDER SAID ACT, OR OTHER APPLICABLE EXEMPTION. NOTWITHSTANDING THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SECURITIES.” The legend set forth above shall be removed and the Company shall issue to the Holder a certificate for the applicable Conversion Shares without such legend upon which it is stamped or (as requested by the Holder) issue the applicable Conversion Shares by electronic delivery by crediting the account of such holder’s broker with DTC, if, unless otherwise required by applicable state securities laws: (a) such Conversion Shares are registered for sale under an effective registration statement filed under the 1933 Act or otherwise may be sold pursuant to Rule 144, Rule 144A, Regulation S, or other applicable exemption without any restriction as to the number of securities as of a particular date that can then be immediately sold, or (b) the Company or the Holder provides the Legal Counsel Opinion (as contemplated by and in accordance with Section 4(m) of the Purchase Agreement) to the effect that a public sale or transfer of such Conversion Shares may be made without registration under the 1933 Act, which opinion shall be accepted by the Company so that the sale or transfer is effected. The Company shall be responsible for the fees of its transfer agent and all DTC fees associated with any such issuance. The Holder agrees to sell all Conversion Shares, including those represented by a certificate(s) from which the legend has been removed, in compliance with applicable prospectus delivery requirements, if any. In the event that the Company does not accept the opinion of counsel provided by the Holder with respect to the transfer of Conversion Shares pursuant to an exemption from registration, such as Rule 144, Rule 144A, Regulation S, or other applicable exemption, at the Deadline, notwithstanding that the conditions of Rule 144, Rule 144A, Regulation S, or other applicable exemption, as applicable, have been met, it will be considered an Event of Default under this Note.

  • The FTPS Unit Servicing Agent shall distribute to redeeming FTPS Unit holders of record on its books redemption proceeds it receives pursuant to Section 5.02 of the Standard Terms and Conditions of Trust from the Trustee as the sole record owner of FTPS Units on the Trustee's books.

  • and 6 4.1 (b)); (a) contracts or develops a personal illness that poses a serious threat to their life; or

  • Concerning the Holders Section 8.01. Action by Holders 45 Section 8.02. Proof of Execution by Holders 45 Section 8.03. Who Are Deemed Absolute Owners 45 Section 8.04. Company-Owned Notes Disregarded 46 Section 8.05. Revocation of Consents; Future Holders Bound 46

  • The Front end Fee payable by the Borrower shall be equal to one quarter of one percent (0.25%) of the Loan amount.

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