Purpose of Operating Papers Sample Clauses

Purpose of Operating Papers. One of the purposes of Operating Papers is to set forth the manner in which Faculty are involved in the governance of their department/school, unit and/or college. The Library Affairs Operating Paper shall be considered to be a college operating paper.
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Purpose of Operating Papers. Operating Papers (or “Bylaws”) set forth the procedures by which Departments and their College/Schools achieve the policies governing their operations, and the processes through which Faculty are involved in the governance of their Department and their College/School. Each College or School shall have Operating Papers, and the Faculty of each Department may also adopt and maintain Operating Papers. Operating Papers shall be as clear and transparent as possible to facilitate consistent implementation of policies. Operating Papers shall not be in conflict with higher-level Operating Papers, University policy or the provisions of this Agreement.
Purpose of Operating Papers. Operating Papers establish the processes and practical mechanisms that enable Faculty to participate in the governance of their departments/schools and of their colleges. Operating Papers also provide for the expression of the differences and uniqueness of the various basic academic units in the university. The Faculty of each such department/school, unit, and college shall adopt and maintain an operating paper, which shall not conflict with the terms of this Agreement, Board statutes, or the college’s operating paper (for department/school, and unit operating papers). The Library Affairs Operating Paper shall be considered to be a college operating paper.

Related to Purpose of Operating Papers

  • Plan of Operations (A) The Company’s complete Plan of Operations shall be submitted to FCIC by April 1 preceding the reinsurance year, unless otherwise authorized by FCIC. The Plan of Operations shall meet the requirements of this Agreement, including, but not limited to, the format and all requirements specified in Appendix II, to be considered a complete Plan of Operations.

  • 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.

  • Date of Operation 3.1 This Agreement remains in force until 2/7/2027. The agreement will continue to apply beyond its expiration date until it is replaced in accordance with the FW Act.

  • Resumption of Operations In the event of action prohibited by Section 1 above, the Union immediately shall disavow such action and request the employees to return to work, and shall use its best efforts to achieve a prompt resumption of normal operations. The union, including its officials and agents, shall not be liable for any damages, direct or indirect, upon complying with the requirements of this Section.

  • CONTINUITY OF OPERATIONS (1) 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.

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