Procedures for Reassignment. When the provisions of subsection 2.04(d)(i) or (ii) above require reassignment of a Receivable, Transferor shall accept reassignment of such Receivable (an “Ineligible Receivable”) by directing Servicer to deduct the principal balance of each such Ineligible Receivable from the Aggregate Principal Receivables in the Trust and to decrease Transferor Interest by such amount. On and after the date of such reassignment, each Ineligible Receivable shall be assigned a principal balance of zero for the purpose of determining the Principal Receivables on any day. In the event that the exclusion of an Ineligible Receivable from the calculation of the Aggregate Principal Receivables would cause Transferor Interest to be reduced below the Minimum Transferor Interest, or would cause the Aggregate Principal Receivables to be less than the Minimum Aggregate Principal Receivables, or would otherwise not be permitted by law, Transferor shall immediately, but in no event later than 10 Business Days after such event, make a deposit in the Excess Funding Account in immediately available funds prior to the next succeeding Transfer Date in an amount sufficient to cure any such shortfall. The portion of such deposit allocated to the Notes of each Series shall be distributed to the Noteholders of each Series in the manner specified in Article IV of the Indenture, if applicable, on the Distribution Date relating to the Monthly Period in which such deposit is made. Upon the reassignment to Transferor of an Ineligible Receivable, Issuer shall automatically and without further action be deemed to transfer, assign, set over and otherwise convey to Transferor, without recourse, representation or warranty, all the right, title and interest of Issuer in and to such Ineligible Receivable, all moneys due or to become due with respect thereto and all proceeds thereof and Insurance Proceeds relating thereto and Interchange (if any) allocated to such Ineligible Receivable pursuant to any Indenture Supplement. Such reassigned Ineligible Receivable shall be treated by Issuer as collected in full as of the date on which it was transferred. Issuer and Indenture Trustee shall execute such documents and instruments of transfer or assignment and take other actions as shall reasonably be requested by Transferor to evidence the conveyance of such Ineligible Receivable pursuant to this subsection 2.04(d)(iii). The obligation of Transferor set forth in this subsection 2.04(d)(iii), or the automatic re...
Procedures for Reassignment. 9.4.1 Teachers applying for vacant positions within their present school site for which they are qualified shall be given consideration prior to posting such vacancies district-wide. Principals shall survey all teachers at their site, in writing, as to their teaching preferences for the upcoming school year. Each school site Principal shall post a list of positions for the next school year no later than May 15 of the current school year. After May 15, Principals shall notify the teachers who have indicated interest in reassignment. Teacher assignments may be changed due to enrollment variations, mandated program needs, teacher qualifications, leave requests, retirements, deaths, or Teacher requests for reassignment.
Procedures for Reassignment a. Teachers who wish to be reassigned for the following school year shall make a written request to their building principals no later than April 1.
Procedures for Reassignment. 16.3.2.1 A unit member may request reassignment from his/her principal.
Procedures for Reassignment
