Preamble and Principles of Operation Sample Clauses

Preamble and Principles of Operation. The following dispute resolution procedure consists of three steps: a complaint process (Step 1), a Joint Grievance Resolution Committee (JGRC) (Step 2) and an expedited or regular arbitration (Step 3A or 3B). These processes will be used by the Parties in order to resolve complaints and grievances submitted by Society-represented staff, The Society, or OPG unless the parties have expressly agreed elsewhere in this Agreement on alternate dispute resolution processes to limit the scope of the grievance/arbitration procedure. Early discussions and resolutions at the lowest level possible are encouraged because this leads to addressing issues before a grievance is lodged, and are key to maintaining a positive working relationship. The Parties recognize the need to share information and openly discuss options for resolution at all levels of the complaint and grievance process. This is to ensure a common understanding of all the facts and will enhance the chance of a mutually acceptable resolution. It is understood that proposals for settlement discussed during Steps 1 and 2, or during attempts at mediated resolutions, will not prejudice either party at the arbitration stage. This process should have the flexibility to respond to the advantages gained through a problem-solving approach to dispute resolution. This process is designed to be simple, efficient, and understandable for all parties involved.
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Preamble and Principles of Operation. The following procedure for dispute resolution consists of three elements: a complaint process, a grievance procedure and an arbitration process. These processes will be used by the Parties in order to resolve complaints and grievances submitted by Society- represented staff, The Society, or Kinectrics unless the parties have expressly agreed elsewhere in this Agreement on alternate dispute resolution processes to limit the scope of the grievance/arbitration procedure. Early discussions and resolutions at the lowest level possible are encouraged because this leads to addressing issues before a grievance is lodged. The Parties also recognize that early and open discussions are key to maintaining a positive working relationship. The Parties recognize the need for open and honest discussions at all levels of the complaint and grievance process. These discussions will allow for a common understanding of all the facts and will enhance the chance of a mutually acceptable resolution. This process should have the flexibility to respond to the advantages gained through a problem-solving approach to dispute resolution. This process is designed to be simple, efficient, and understandable for all parties involved.
Preamble and Principles of Operation. The following dispute resolution procedure consists of three steps: a complaint process (Step 1), a Joint Grievance Review Committee (JGRC) (Step 2) and a regular or expedited arbitration (Step 3A or 3B) process. These processes will be used by the Parties in order to resolve all disputes taking the form of complaints and/or grievances, as defined below, unless the parties have expressly agreed elsewhere in this Agreement on an alternate dispute resolution process to deal with the matters at issue. Such alternate dispute resolution processes limit the scope of the grievance/arbitration process set out in this article. Before filing a grievance the parties will make good faith efforts to informally resolve the matter(s) at issue. It is understood that proposals for settlement discussed during Steps 1 and 2, or during efforts at informal resolution, will not prejudice either party at the arbitration stage.
Preamble and Principles of Operation. The following procedure for dispute resolution consists of three elements: a complaint process, a grievance procedure and an arbitration process. These processes will be used by the Parties in order to resolve complaints and grievances. For the purpose of this Article, reference to “days” relating to Steps in the grievance and arbitration procedure shall exclude Saturdays, Sundays and paid holidays.
Preamble and Principles of Operation. It is intended that the parties will make their best efforts to interpret, apply and administer the provisions of this Article to reflect a balance among the principles set out below and throughout this Article. Employment continuity is an element in sustaining a work climate that supports a high level of employee commitment, performance and job satisfaction. The following principles reflect our underlying values and beliefs and provide the direction on which this Article is founded: 64.2.1 Career change should be expected and viewed positively. 64.2.2 Individuals are responsible for their own career decisions and should be involved in developing options affecting their careers. 64.2.3 AMEC NSS and The Society recognize the value of retaining, utilizing and enhancing the asset of employee skills and abilities.
Preamble and Principles of Operation. It is intended that the parties will make their best efforts to interpret, apply and administer the provisions of this Article to reflect a balance among the principles set out below and throughout this Article. Employment continuity is an element in sustaining a work climate that supports a high level of employee commitment, performance and job satisfaction. The following principles reflect our underlying values and beliefs and provide the direction on which this Article is founded: 64.2.1 Career change should be expected and viewed positively. 64.2.2 Individuals are responsible for their own career decisions and should be involved in developing options affecting their careers. 64.2.3 The IESO and The Society recognize the value of retaining, utilizing and enhancing the asset of employee skills and abilities. 64.2.4 Employment continuity issues will be discussed openly and employees and their representatives should be involved in these discussions as early as possible. 64.2.5 Employees will be provided with access to opportunities for learning and development and will take a proactive role in their development to prepare for the future. 64.2.6 It is in the best interests of both our customers and our employees for the IESO to be a viable and healthy business entity. 64.2.7 Employment continuity policies must reflect a balance between the fundamental interests of The IESO and its employees. 64.2.8 Employees will be treated fairly and with respect and dignity. 64.2.9 The IESO and The Society recognize that there will be competing individual interests and will structure redeployment strategies which will minimize the occurrence of that competition and its negative impact. 64.2.10 A commitment to effective short and long range planning is critical to employment continuity. 64.2.11 For a JRPT to operate effectively and efficiently, it is important that it be provided with a pre-determined organizational structure and adequate/appropriate resourcing.
Preamble and Principles of Operation. The following procedure for dispute resolution consists of three elements: a complaint process, a grievance procedure and an arbitration procedure. This process and procedures will be used by the Parties in order to resolve complaints and grievances submitted by Union-represented Employees, the Union, or the Employer unless the Parties have expressly agreed elsewhere in this Agreement on alternate dispute resolution processes. The Parties agree that early discussions and resolutions at the lowest level possible are encouraged before they become formal disputes under this Article and that nothing in this Article is intended to discourage the ordinary workplace resolution of Employee complaints outside of this dispute resolution process. The Parties recognize the benefit of open and honest discussions at all levels of the complaint and grievance process. These discussions will allow for a common understanding of the facts and will enhance the chance of a mutually acceptable resolution.
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Preamble and Principles of Operation. It is intended that the parties will make their best efforts to interpret, apply and administer the provisions of this Article to reflect a balance among the principles set out below and throughout this Article. Employment continuity is an element in sustaining a work climate that supports a high level of employee commitment, performance and job satisfaction. The following principles reflect our underlying values and beliefs and provide the direction on which this Article is founded: 64.2.1 Career change should be expected and viewed positively. 64.2.2 Individuals are responsible for their own career decisions and should be involved in developing options affecting their careers. 64.2.3 Kinectrics and The Society recognize the value of retaining, utilizing and enhancing the asset of employee skills and abilities.

Related to Preamble and Principles of Operation

  • Statement of Operations Statement of Changes in Net Assets.

  • Definition of Operating Expenses Operating Expenses" shall mean and include all expenses incurred and payable in connection with the ownership, operation, maintenance, repair and management of the Premises and the improvements thereon and, without restricting the generality of the foregoing, shall include:

  • Continuity of Operations Engage in any business activities substantially different than those in which Borrower is presently engaged, (2) cease operations, liquidate, merge, transfer, acquire or consolidate with any other entity, change its name, dissolve or transfer or sell Collateral out of the ordinary course of business, or (3) pay any dividends on Borrower's stock (other than dividends payable in its stock), provided, however that notwithstanding the foregoing, but only so long as no Event of Default has occurred and is continuing or would result from the payment of dividends, if Borrower is a "Subchapter S Corporation" (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of Borrower's stock, or purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Control of Operations Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that (a) nothing contained in this Agreement shall give Parent or the Company, directly or indirectly, the right to control or direct the other party’s operations prior to the Effective Time and (b) prior to the Effective Time, each of the Company and Parent shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its operations.

  • Duties of Operator Operator shall perform all required testing of Manufacturer’s Bus in accordance with the FTA Regulations and the established testing procedures used at the bus testing facility and provided to Manufacturer which procedures are attached hereto marked Exhibit “A” and incorporated herein by this reference.

  • Financial Statements; Non-GAAP Financial Measures The financial statements included or incorporated by reference in the Registration Statement and the Prospectus, together with the related schedules and notes, present fairly in all material respects the consolidated financial position of the Company and the respective entities to which such financial statements relate (the “Covered Entities”) at the dates indicated and the consolidated statements of operations, stockholders’ equity (deficit) and cash flows of the Covered Entities for the periods specified; said financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) applied on a consistent basis throughout the periods involved. The supporting schedules, if any, present fairly in all material respects in accordance with GAAP the information required to be stated therein. The selected financial data and the summary financial information included in the Registration Statement and the Prospectus present fairly in all material respects the information shown therein and have been compiled on a basis consistent with that of the audited financial statements included therein. Any pro forma financial statements and the related notes thereto included in the Registration Statement and the Prospectus present fairly in all material respects the information shown therein, have been prepared in accordance with the Commission’s rules and guidelines with respect to pro forma financial statements and have been properly compiled on the bases described therein, and the assumptions used in the preparation thereof are reasonable and the adjustments used therein are appropriate to give effect to the transactions and circumstances referred to therein. Except as included therein, no historical or pro forma financial statements or supporting schedules are required to be included or incorporated by reference in the Registration Statement or the Prospectus under the Securities Act. All disclosures contained in the Registration Statement or the Prospectus, or incorporated by reference, regarding “non-GAAP financial measures” (as such term is defined by the rules and regulations of the Commission) comply in all material respects with Regulation G of the Exchange Act and Item 10 of Regulation S-K of the Securities Act, to the extent applicable. The interactive data in Inline eXtensible Business Reporting Language incorporated by reference in the Registration Statement and the Prospectus, if any, fairly present the information called for in all material respects and has been prepared in accordance with the Commission’s rules and guidelines applicable thereto.

  • Statements of Reconciliation after Change in Accounting Principles If, as a result of any change in accounting principles and policies from those used in the preparation of the Historical Financial Statements, the consolidated financial statements of Holdings and its Subsidiaries delivered pursuant to Section 5.1(b) or 5.1(c) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then, together with the first delivery of such financial statements after such change, one or more statements of reconciliation for all such prior financial statements in form and substance satisfactory to Administrative Agent;

  • CONTINUITY OF OPERATION Section 1: No Strikes, Work Stoppages or Lockouts

  • Commencement of Operations The Partnership shall not begin operations on its Leases unless the Managing General Partner is satisfied that necessary title requirements have been satisfied.

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

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