Permanent Closure. In the case of a permanent closure of all or a portion of a Business Unit, the Company will;
(a) Offer the Voluntary Early Retirement Incentive in accordance with section 17.01(a) (Voluntary Early Retirement Incentive). If sufficient numbers of employees do not retire under the terms of the Voluntary Early Retirement Incentive, the Company will;
(b) Implement the bumping procedure as outlined in sections 17.02 (Layoffs in Excess of 14 Days) and 17.04 (Bumping Between Business Units). Employees who have exhausted all opportunities to displace:
(i) an employee within their own Business Unit as per section 17.02 (Layoffs in Excess of 14 Days) may; prior to displacing an employee in another Business Unit in accordance with section 17.04 (Bumping Between Business Units), opt to accept severance pay in accordance with section 17.01 (b) (Severance Pay).
(ii) any other employee in any Business Unit, in accordance with section 17.02 (Layoffs in Excess of 14 Days) and 17.04 (Bumping Between Business Units) may decide to accept severance pay in accordance with section 17.01 (b) (Severance Pay) or may choose to be laid off and placed on the recall list, in which case they will receive the Supplemental Unemployment Benefit as per 17.01 (c)(Supplemental Unemployment Benefits).
Permanent Closure. In case of closure of South Hill Child Care Society, each employee shall receive three (3) months' notice or three (3) months' salary in lieu of notice.
Permanent Closure. In case of closure of the Kitsilano Area Childcare Society, each employee shall receive two (2) months' notice or two (2) months' salary in lieu of notice. Money due employees shall be the first priority in the event of closure or bankruptcy of the Society.
Permanent Closure. The District agrees that employees affected by a permanent closure of the District's operations shall be given sixty (60) days' notice of closure.
Permanent Closure. In the case of a permanent closure of the Pooh Corner Day Care Centre Society, each employee shall receive two weeks' pay, at their current rate of pay, for each completed year of service, up to a maximum of 10 weeks' pay.
Permanent Closure. Site Closure or Change-in- Service Assessments. Section .39 Applicability to Previously Closed UST Systems.
Permanent Closure. Should the Company permanently abandon, cease, or terminate operations at the Facility during the term of this Agreement, the City will be entitled to draw against the Security (as defined below) in the full amount of, but not to exceed, the cumulative LEDA City and State LEDA Funds disbursed to date. State Funds recovered by the City pursuant to the Security, if any, shall be paid to the State within 30 days after they are received by the City, and any property acquired or developed by the City as a result of this Project shall be used by the City for future economic development purposes only.
Permanent Closure. The Gallery agrees that in the event of a permanent closure during the life of this agreement,
Permanent Closure. The Department and CSXT fully recognize that the Crossing Closure covered under this Agreement is intended to be perpetual, and that one Party shall not petition the other Party or any other entity to reopen the subject at-grade crossing. It is also agreed by the Department and CSXT that no new at-grade public or private crossing will be opened in the vicinity of the closed crossing.
Permanent Closure. Whereas South Hill Child Care Society can not find alternate means to prevent a permanent closure: Whereas the BCGEU and South Hill Child Care Society recognize the benefit of and are committed to well being of their employees’; Whereas the parties recognize and agree to modify Article 12.8, Permanent Closure, in so doing will establish a severance package as follows;