Process for Approval Sample Clauses

Process for Approval. The librarian shall make written application to the DOL, demonstrating that the proposed arrangement will not interfere with or detract from the delivery of services or the day-to-day operations of the Libraries and will not create a hardship for other employees. The DOL shall provide a written decision with rationale to the librarian within ten days of receipt of the request. Such requests shall not be unreasonably denied; approval shall require concurrence of the Xxxxxxx. A flexible work option may be granted for a specific period of time or for an unspecified duration. All flexible work options shall be subject to periodic reviews to determine whether continuation is in the best interests of the University and the librarian. When a flexible work option is approved, the DOL shall specify in writing the frequency of such reviews, which shall be no less frequent than once a year. Notice of such reviews shall be provided by the DOL at least seven days prior, and the review shall be based on the criteria used to approve the request. Violation of the terms of the approved flexible work option agreement shall be cause for immediate cancellation by the DOL with written rationale. Any other cancellation shall require advance notice and written rationale. A librarian who proposes an alternative work site/telecommuting option must attest in writing to the fact that the alternative work site is suitable for the responsibilities to be performed and that, for purposes of ensuring workplace safety, he/she will allow the University periodic inspection of the alternative work site with reasonable prior notice. Given appropriate notice, a librarian who is approved for a flexible work option must attend onsite mandatory meetings and/or respond to emergency or unusual circumstances that the individual’s supervisor or the DOL determines require such physical presence at the Libraries.
Process for Approval. The Members have approved an initial Business Plan and Budget for the LLC for the 2016 Fiscal Year, which is (or shall prior to the Closing Date be) attached hereto as Exhibit D. For the Fiscal Year of the LLC commencing on January 1, 2017, and for each Fiscal Year thereafter, the Administrative Member shall submit a proposed Budget and Business Plan, in such form as on Exhibit D, (i) no later than November 15, 2016 with respect to the Fiscal Year commencing on January 1, 2017, and (ii) no later than October 1 preceding each Fiscal Year with respect to each Fiscal Year thereafter. The Condor Member shall, after its receipt of such Budget and/or Business Plan, either (a) approve the Budget and/or Business Plan, or (b) advise the Administrative Member in writing of the Condor Member’s detailed objections thereto. If the Condor Member has any objections to the proposed Budget or Business Plan, the Condor Member and Administrative Member shall endeavor to resolve any disagreements with respect thereto prior to January 1 of the following calendar year; provided that if they are unable to agree upon any provision of the proposed Budget or Business Plan, then the Administrative Member shall utilize the final Budget or Business Plan applicable to the immediately preceding Fiscal Year, with up to an additional ten (10%) percent increase above such Budget or Business Plan (excluding from both any Necessary Expenses), except that any Necessary Expenses shall not be subject to objection and may be added to the Budget without giving effect to the referenced Budget Cap. The Budget and Business Plan, once approved or finalized by the Condor Member pursuant to this Section 6.3.3, or modified as provided in this Section 6.3.3, shall be referred to herein as the “Approved Budget” and the “Approved Business Plan”.

Related to Process for Approval

  • No Consents or Approvals None of the execution, delivery or performance by Purchaser of this Agreement, or the other Transfer Documents, or the consummation by Purchaser of the transactions contemplated hereby and thereby, requires the consent or approval of, the giving of notice to, the registration, recording or filing of any documents with, or the taking of any other action in respect of, any Governmental Authority, except such as have been obtained or effected on or prior to the applicable Closing Date.

  • Required Approval Any indemnification under this Article shall be made by the Trust if authorized in the specific case on a determination that indemnification of the Agent is proper in the circumstances by (i) a final decision on the merits by a court or other body before whom the proceeding was brought that the Agent was not liable by reason of Disqualifying Conduct (including, but not limited to, dismissal of either a court action or an administrative proceeding against the Agent for insufficiency of evidence of any Disqualifying Conduct) or, (ii) in the absence of such a decision, a reasonable determination, based upon a review of the facts, that the Agent was not liable by reason of Disqualifying Conduct, by (1) the vote of a majority of a quorum of the Trustees who are not (x) “interested persons” of the Trust as defined in Section 2(a)(19) of the 1940 Act, (y) parties to the proceeding, or (z) parties who have any economic or other interest in connection with such specific case (the “disinterested, non-party Trustees”); or (2) by independent legal counsel in a written opinion.

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