REDUCTION OF Clause Samples

REDUCTION OF full‑time employee to part‑time, lay off and recall from layoff shall be done by division. Employees in the division shall be selected in accordance with their seniority within the bargaining unit. Senior employees have preference over junior employees provided the senior employee has the qualifications, experience, ability, and skill to do the job required.

REDUCTION OF. Economic lay-offs shall be made at the discretion of when efficient operation of would otherwise be impaired. In such circumstances, will notify the Guild at least three (3) months before such lay-offs take effect the job classifications, number of employees and reason for the lay-offs. Seniority shall be the prime consideration in determining which employees will be dismissed to reduce staff. In making the determination that an employee will be laid off out of seniority ranking, it will not be on the basis of salary. Reduction of staff under this Article will be in the inverse order of their seniority ranking with except in cases where determines that the qualifications, knowledge, training, skill and ability of the individuals to fill the requirements of the job available require otherwise. will transfer an employee who has received notice of lay-offs under this Article, at the request of such employee, to replace an employee in a lower classification in which he has worked and for which he is qualified. This shall apply when the employee to be replaced, who shall be the one with the least seniority in that classification, has less seniority than the employee to be transferred. An employee displaced in accordance with the foregoing, may be similarly transferred under the provisions of above.

REDUCTION OF. When a vacant job occurs, other than one of a temporary nature, notice of such vacancy shall be posted on the Company bulletin board for a period of three working days, during which time employees with seniority may apply for such job. Applicants for a posted job vacancy must make written application to the Unit Manager. Selection of the successful applicant shall be made in accordance with In the event that there are no suitable applicants for a posted job vacancy, the Company shall fill the vacancy in the most suitable manner. Employees promoted or awarded new positions shall be given a trial period of one month in which to qualify and if they fail to do so, shall be returned to their former positions without loss of seniority such positions. This trial period may be extended for an additional period of one month by mutual agreement between the Company and the Union. An employee who has become unable to handle his customary work to advantage owing to age or other infirmity shall be given the opportunity of performing suitable work within his capabilities such a vacancy exists. The Union will be notified writing, of hiring, lay-offs, rehiring, written reprimands, suspensions, and terminations of employment. If an employee substitutes on any job during the absence of another employee, or performs duties of a higher classifications, he shall receive the rate for the job or his regular rate whichever is the greater. Management will supply the Union with reasonably complete job descriptions for each job classification during the life of this Agreement. It is understood that these descriptions represent only the major duties within the general work content and will be deemed to include any other duties that may be assigned for a limited time.

REDUCTION OF. CAPITAL if any of the Security Parties except SCS reduces its authorised or issued or subscribed capital except reductions effected in compliance with Clause 11.1.2; or

REDUCTION OF. Capital if any of the Borrowers or the Guarantor reduces its authorised or issued or subscribed capital except reductions effected in compliance with clause 8.4 of the Guarantee or as part of a share buy-back, whilst solvent, by the Guarantor; or

REDUCTION OF. POST-CONSUMER CARPET

REDUCTION OF. The Employer shall not reduce the weekly hours of work of an employee for the purpose of replacing such hours with another employee at a lower hourly rate of The Union that the Company shall have the right to the number of employees it requires in each classificationto provide to the customers in its locations. The Company agrees to the reduction of weekly of work for senior part-time employees wherever possible when a downward of hours Unless fitness and ability are greater than other employees in the classification, in scheduling or calling in part-time employees, preference in the available weekly hours of work shall be given to senior part-time employees within their classification, insofar is consistent with their and to perform the work. The store schedule will show the weekly shifts to be worked. Consistent with the first paragraph, senior part-time employees within a classification will be given the opportunity to work the weekly shift in the fewer number of days. Part-time employees shall not be (a) employed or scheduled to the extent that in the displacement of, or prevents the hiring of, full-time employees and transferred by the Employer to another store if such transfer results of hours or the employee so wishes to be transferred. A part-time employee with over two (2) years if laid off for more than four (4) consecutive weeks shall be able to their over the most junior employee within the Bargaining in their own classification. Following the fourth consecutive week in which a general clerk or clerk cashier is not scheduled any hours their own classification, they will have the option at that time of accepting a complete layoff or exercising seniority as described below pursuant to The general cashier will fit into the courtesy clerk seniority list in order of their seniority. The employee who exercises this option be classified as a courtesy clerk. A part-time general cashier who this option will receive the courtesy clerk rate of pay according to their career hours in their classification.

REDUCTION OF. Consideration If any payment is made by the Seller(s) to the Purchaser in respect of any claim for Leakage, for any breach of this Agreement or pursuant to an indemnity or covenant to pay under this Agreement (or any agreement entered into under this Agreement), the payment shall, if and to the extent permitted by Applicable Law, be made by way of a reduction to the relevant Seller(s)' Consideration, provided that the Cash Consideration otherwise due to the relevant Seller shall be reduced first.

REDUCTION OF. Outstandings If on any date the Loan exceeds the Aggregate Total Commitments on such date, the Borrower shall repay on such date the amount of the excess and the repayment of such excess shall reduce the principal amount of such Advance or Advances as is or are nominated by the Borrower.