Priority Assignment Sample Clauses

Priority Assignment. Vested status occurs immediately upon the beginning of the sixth semester of service and shall be awarded at the end of the sixth semester so long as evaluations continue to be satisfactory, in accordance with the EERC decision titled Letter of Agreed Interpretation: Time of Vesting, Spring 2011.
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Priority Assignment. Every SKU has a priority level in case one or more parts are available in the ’stock of defective parts’ or are somewhere in the repair shop. This priority level is adapted daily to the current situation. There are eight different priority levels, which are referred to as Prio 1, Prio 2, Prio 3, Prio 4, Prio 5, Prio 99, Prio 100 and Prio 300. The first six priorities are dependent of the inventory level of the SKU. The inventory level is equal to the on hand stock of a SKU minus the number of backorders of that SKU. The latter two priorities are special cases and will be explained in the next subsection. The definition of the first six priority levels is given below: Prio 1: Assigned to a SKU which is needed immediately because a train is down and there are no spare parts available anywhere in the network; Prio 2: Assigned to a SKU when the inventory level in the network is below the minimum level (policy safety stock) and greater than zero. Prio 3: Assigned to a SKU when the inventory level in the network is equal or above the minimum level and below the minimum level plus the total requirements of the current month; Prio 4: Assigned to a SKU when the inventory level in the network is equal or above the minimum level plus the total requirements of the current month and below the minimum level plus the total requirements of the current and the next month; Prio 5: Assigned to a SKU when the inventory level in the network is equal or above the minimum level plus the total requirements of the current and the next month and below the minimum level plus the total requirements of the current and the next two months;
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Priority Assignment. The developer of eLearning online courses developed prior to 7/1/15 will retain 13 priority assignment for teaching these courses up to receiving 167 percent of an overall quarterly 14 instructional load as defined in Article 4. Thereafter, the right to instruct the courses is open to any 15 other AEe instructionally qualified. This right of priority assignment does not apply to adjunct AEes.
Sample 1
Priority Assignment. 9.1 Seller’s Lender Has Priority. Purchaser acknowledges that Kukui’ula Development Company (Hawaii), LLC and Hai Fu International Investment, LLC (together, “KDCH”), have made a purchase money loan to Seller in the amount of $4,881,310.00, bearing interest at the rate of 0.31 % per annum, with principal and interest due on the Maturity Date (as defined in the promissory note),, and secured by a mortgage of the units in Phases IA and IB of the Project (the “PMM”). Purchaser also acknowledges that Seller has entered (or may enter) into one or more loan agreements with American Savings Bank, NA and/or other recognized and established financial institution or institutions (collectively, “Seller’s Lender”) pursuant to which Seller’s Lender may loan funds to Seller to cover construction costs and other associated costs of the Project and that such funds will not exceed the principal sum of $30,000,000 for the entire Project and will not exceed the principal sum of $10,575,000 for Phases IA and IB of the Project (each, a “Loan”). The non-default interest rate will be not more than the base, prime or similar rate established by the Seller’s Lender plus three percentage points. The term of the Loan will not exceed sixty months. Interest only is (or will be) payable monthly with partial payments of principal due upon the closing of the sale of each unit in the Project, and the unpaid principal balance will be due and payable in full upon maturity. To secure the Loan, Seller has granted (or may grant) to Seller’s Lender security interests covering Seller’s interest in the Project, including the Unit. Purchaser acknowledges and agrees that all security interests obtained by KDCH and Seller’s Lender in connection with the PMM and Loan, respectively, as well as extensions, renewals and modifications of the security interests, shall be and remain at all times, until the final closing and delivery by Seller of the Unit Deed to Purchaser, a lien or charge on the Project, including the Unit, prior to and superior to any and all liens or charges on the Project arising from this Agreement or any prior agreement. PURCHASER HEREBY INTENTIONALLY WAIVES, RELINQUISHES AND SUBORDINATES THE PRIORITY OR SUPERIORITY OF ANY LIEN OR OTHER LEGAL OR EQUITABLE INTEREST ARISING UNDER THIS AGREEMENT IN FAVOR OF THE LIEN OR CHARGE ON THE PROJECT OR THE SECURITY INTERESTS OF KDCH AND SELLER’S LENDER, INCLUDING BUT NOT LIMITED TO ANY LIEN, MORTGAGE OR OTHER CHARGE SECURING A LOAN MADE TO FINAN...
Sample 1

Related to Priority Assignment

  • Collateral Assignment The Owner may assign this contract as collateral security. The Company is not responsible for the validity or effect of a collateral assignment. The Company will not be responsible to an assignee for any payment or other action taken by the Company before receipt of the assignment in writing at its Home Office. The interest of any beneficiary will be subject to any collateral assignment made either before or after the beneficiary is named. A collateral assignee is not an Owner. A collateral assignment is not a transfer of ownership. Ownership can be transferred only by complying with Section 8.2.

  • Intellectual Property Assignment The Assignor assigns to the Company, its successors and assigns, for good and sufficient consideration in connection with execution of the Operating Agreement dated DATE , the entire right, title and interest in Intellectual Property and the associated rights and causes of action (as defined below) relating to the Company. Assignor’s continuing membership in the Company is also conditioned on the assignment to the Company of Assignor’s rights in respect of any Intellectual Property created by Assignor during his/her term of membership in the Company.

  • Lien; Valid Assignment Subject to the Standard Qualifications, each endorsement or assignment of Mortgage and assignment of Assignment of Leases from the Mortgage Loan Seller or its Affiliate is in recordable form (but for the insertion of the name of the assignee and any related recording information which is not yet available to the Mortgage Loan Seller) and constitutes a legal, valid and binding endorsement or assignment from the Mortgage Loan Seller, or its Affiliate, as applicable. Each related Mortgage and Assignment of Leases is freely assignable without the consent of the related Mortgagor. Each related Mortgage is a legal, valid and enforceable first lien on the related Mortgagor’s fee (or if identified on the Mortgage Loan Schedule, leasehold) interest in the Mortgaged Property in the principal amount of such Mortgage Loan or allocated loan amount (subject only to Permitted Encumbrances (as defined below) and the exceptions to paragraph 8 below (each such exception, a “Title Exception”)), except as the enforcement thereof may be limited by the Standard Qualifications. Such Mortgaged Property (subject to Permitted Encumbrances and Title Exceptions) as of origination and, to the Mortgage Loan Seller’s knowledge, as of the Cut-off Date, is free and clear of any recorded mechanics’ or materialmen’s liens and other recorded encumbrances that would be prior to or equal with the lien of the related Mortgage (which lien secures the related Whole Loan, in the case of a Mortgage Loan that is part of a Whole Loan), except those which are bonded over, escrowed for or insured against by the applicable Title Policy (as described below), and as of origination and, to the Mortgage Loan Seller’s knowledge, as of the Cut-off Date, no rights exist which under law could give rise to any such lien or encumbrance that would be prior to or equal with the lien of the related Mortgage, except those which are bonded over, escrowed for or insured against by the applicable Title Policy. Notwithstanding anything herein to the contrary, no representation is made as to the perfection of any security interest in rents or other personal property to the extent that possession or control of such items or actions other than the filing of Uniform Commercial Code financing statements is required to effect such perfection.

  • Extra Duty Assignments (A) Teachers are required to supervise their students at all times, including recess, during the normal school day for teachers. No teacher will be required to supervise students during their duty-free lunch, nor during their preparation time, except in cases of emergency. (B) Teachers may be required to perform non-compensated service to students, which extend beyond the normal school day for teachers in cases of emergency. Attendance at Board meetings, PTA/PTO meetings which cannot be concluded during the normal teaching day, and parent conferences shall occasionally be required. (C) The PLCAC will make recommendations regarding the procedures for the supervision of students. (D) Each principal shall solicit volunteers from the regular teaching staff, the support staff, and the itinerant staff to perform scheduled routine jobs occurring during the bargaining unit member’s normal school day. (E) Should there be an insufficient number of volunteers from the stated staff pool to perform the scheduled routine jobs during the normal school day for teachers, the principal will complete the schedule by assigning the remaining staff as equitably as possible. (F) Staff members who are proficient in a second language, and are asked to serve as a translator outside of their regularly scheduled work day, shall be compensated based on the contractual extra duty rate of pay. Outside the regularly scheduled work day will be defined as: (1) Before or after school; (2) Before the start of the school year; (3) After the school year has concluded. (G) Teachers will be compensated for Board-sponsored and sanctioned clubs and programs at a stipend negotiated by the Board and Union. (H) If stipend negotiations have not concluded when an established or a new activity is scheduled to begin, the Board will establish a temporary stipend, pay increases retroactive to the conclusion of negotiations. (I) The Board shall post in every building the District’s paid extracurricular activities by the 2nd Friday in May of the year preceding the school term in which said activities take place. All postings shall be placed in all buildings. (J) Qualified volunteers for said activities will be solicited from the bargaining unit members first, and then from non-bargaining unit members at stipends not to exceed those printed on the salary schedule.

  • Deed; Xxxx of Sale; Assignment To the extent required and permitted by applicable law, this Agreement shall also constitute a “deed,” “xxxx of sale” or “assignment” of the assets and interests referenced herein.

  • Continuing Guaranty; Assignments This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty, (ii) the Termination Date and (iii) the latest date of expiration or termination of all Letters of Credit and all Secured Hedge Agreements, (b) be binding upon the Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Secured Parties and their successors, transferees and assigns. Without limiting the generality of clause (c) of the immediately preceding sentence, any Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under this Agreement (including, without limitation, all or any portion of its Commitments, the Advances owing to it and the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Secured Party herein or otherwise, in each case as and to the extent provided in Section 9.07. No Guarantor shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Secured Parties.

  • Priority Hiring If the Contract Amount is over $200,000 and this Agreement is for services (other than Consulting Services), this section is applicable. Contractor shall give priority consideration in filling vacancies in positions funded by this Agreement to qualified recipients of aid under Welfare and Institutions Code section 11200 in accordance with PCC 10353.

  • Shift Assignment Should the University elect to establish a shift on any other schedule than the regular day shift (Monday through Friday) or to assign employees to work on any such shift, the employee(s) with the most seniority in the classification affected or to be assigned on such shift shall have preference in moving to such shift. If an insufficient number of employees in the classification elect to move to such shift, then the employee(s) with the least seniority in the classification shall be assigned to such shift. If positions or shifts are reduced or eliminated or movement of personnel to other shifts is required, then the seniority of the affected employee will prevail in the selection of shift, provided the affected employee can do the required work. Such shift preference is only applicable within the employee's classification.

  • Assignment of Collateral There is no material collateral securing any Mortgage Loan that has not been assigned to the Purchaser.

  • Patent Assignment Seller hereby sells, assigns, transfers and conveys to Purchaser all right, title and interest it has in and to the Patents and all inventions and discoveries described therein, including without limitation, all rights of Seller under the Assignment Agreements, and all rights of Seller to collect royalties under such Patents.

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