Reserve Courses Sample Clauses

The Reserve Courses clause establishes the right or obligation to set aside specific courses for a particular purpose or group. In practice, this may involve designating certain classes as reserved for priority registration by specific students, such as those in a particular program or with special needs, or holding back seats in high-demand courses. The core function of this clause is to ensure equitable access or fulfill institutional commitments by managing course availability and preventing oversubscription by the general student population.
Reserve Courses. Any use of alternative courses and/or adaptation of the Courses (e.g. use of a shorter Course) must be approved by the FIS Race Director.
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Reserve Courses. The Courses are listed together with their homologation numbers in Exhibit 4 hereto. Any use of alternative courses and/or adaptation of the Courses (e.g. use of a shorter Course) must be approved by the FIS Chief Race Director in accordance with art. 18.4 WCR.
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Reserve Courses. Notwithstanding Article 2, for the purpose of Article 10.24, this definition applies: 10.24.1 “Course‟, for the purpose of establishing Reserve Course principles, means one (1) Concordia undergraduate or graduate three (3) credit course or section (disregarding additional contact hours), taught on or off campus, or via distance or electronic means (including eConcordia and online courses), allocated to members of full-time faculty (including, but not limited to, CUFA members and those holding positions excluded from the CUFA bargaining unit) as part of their workload, or taught in consideration for payment at the three (3) credit CUPFA Rate, CUFA Rate, or Discretionary Rate. a. Number of Reserve Courses The number of Reserve Courses shall be equivalent to 19.5% of the Course Equivalents assigned to part-time faculty members in the previous academic year. Each Academic year, an estimate of the Course Equivalents taught in that academic year shall be provided to the Association prior to January
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Reserve Courses. Any use of alternative courses and/or adaptation of the Courses (e.g. use of a shorter Course) must be approved by the FIS Contest Director in accordance with art. FS 1.3 WCR and SB 17.1.
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Reserve Courses. Notwithstanding Article 2, for the purpose of Article 10.24, this definition applies: 10.24.1 “Course‟, for the purpose of establishing Reserve Course principles, means one (1) Concordia undergraduate or graduate three (3) credit course or section (disregarding additional contact hours), taught on or off campus, or via distance or electronic means (including eConcordia and online courses), allocated to members of full-time faculty (including, but not limited to, CUFA members and those holding positions excluded from the CUFA bargaining unit) as part of their workload, or taught in consideration for payment at the three (3) credit CUPFA Rate, CUFA Rate, or Discretionary Rate.
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Related to Reserve Courses

  • Reserve Duty A leave of absence will be granted to reservists for training purposes not to exceed fifteen (15) days per calendar year. Employees shall make application on the Leave of Absence Form to the Human Resources Department and shall enclose a copy of their military order. Leaves for training purposes are granted without loss of pay, but employees are encouraged to make arrangements to take these training periods during winter, spring, or summer recess.

  • Reserve Accounts All unexpended funds in project reserve accounts shall remain with the Project to be used for the benefit of the property and/or its residents. The minimum replacement reserve deposit for projects shall be $ per unit per year. The on- going funding of the replacement reserve in this amount is a requirement of this Agreement during the Compliance Period, and the Owner shall maintain these reserves in a segregated account. Funds in the replacement reserve shall only be used for capital improvements or repairs. An operating reserve shall be funded in an amount equal to three months of estimated operating expenses and debt service under stabilized occupancy. Additional funding will be required only if withdrawals result in a reduction of the operating reserve account balance to 50% or less of the originally funded amount. An equal, verified operating reserve requirement of any other debt or equity source may be used as a substitute, and the reserve may be released following achievement of a minimum annual debt service ratio of 1.15 for three consecutive years following stabilized occupancy only to pay deferred developer fee. Upon Committee approval, operating reserve amounts in excess of industry norms may be considered “reasonable costs,” for purposes of this subsection, only for homeless assistance projects under the Non- Profit Set-Aside, as described in Section 10315(b), Special Needs projects, HOPE VI projects, or project based Section 8 projects. The original Sources and Uses budget and the final cost certification shall demonstrate the initial and subsequent funding of the operating reserves.

  • Reserve Funds Section 7.1.

  • Reserve The Company shall have reserved sufficient shares of its Common Stock for the Investor, pursuant to the terms of this Agreement and all other contracts between the Company and Investor.

  • Reserve Funds, Generally (a) Borrower grants to Lender a first-priority perfected security interest in each of the Reserve Funds and any and all monies now or hereafter deposited in each Reserve Fund as additional security for payment of the Debt. Until expended or applied in accordance herewith, the Reserve Funds shall constitute additional security for the Debt. Upon the occurrence and during the continuance of an Event of Default, Lender may, in addition to any and all other rights and remedies available to Lender, apply any sums then present in any or all of the Reserve Funds to the payment of the Debt in any order in its sole discretion. The Reserve Funds shall not constitute trust funds and may be commingled with other monies held by Lender. (b) Borrower shall not, without obtaining the prior consent of Lender, further pledge, assign or grant any security interest in any Reserve Fund or the monies deposited therein or permit any lien or encumbrance to attach thereto, or any levy to be made thereon, or any UCC-1 Financing Statements, except those naming Lender as the secured party, to be filed with respect thereto. (c) The Reserve Funds shall be held by Lender (or Servicer) and may be invested at Borrower’s election and direction in Permitted Investments routinely offered by the Servicer of the Securitization for investment by Borrower. All interest or other earnings on a Reserve Fund shall be added to and become a part of such Reserve Fund for the benefit of Borrower and shall be disbursed in the same manner as other monies deposited in such Reserve Fund. Borrower shall have the right to direct Lender (or Servicer) to invest sums on deposit in the Eligible Account in Permitted Investments provided (a) such investments are permitted by applicable federal, state and local rules, regulations and laws, (b) the maturity date of the Permitted Investment is not later than the date on which the applicable Reserve Funds are required for payment of an obligation for which such Reserve Fund was created, and (c) no Event of Default shall have occurred and be continuing. Borrower shall be responsible for payment of any federal, state or local income or other tax applicable to the interest or income earned on the Reserve Funds. No other investments of the sums on deposit in the Reserve Funds shall be permitted except as set forth in this Section 7.5. Borrower shall bear all reasonable costs associated with the investment of the sums in the account in Permitted Investments. Such costs shall be deducted from the income or earnings on such investment, if any, and to the extent such income or earnings shall not be sufficient to pay such costs, such costs shall be paid by Borrower promptly on demand by Lender. Lender shall have no liability for the rate of return earned or losses incurred on the investment of the sums in Permitted Investments. (d) Borrower shall indemnify Lender and hold Lender harmless from and against any and all actions, suits, claims, demands, liabilities, losses, damages, obligations and costs and expenses (including litigation costs and reasonable attorneys fees and expenses) arising from or in any way connected with the Reserve Funds or the performance of the obligations for which the Reserve Funds were established. Borrower shall assign to Lender all rights and claims Borrower may have against all Persons supplying labor, materials or other services which are to be paid from or secured by the Reserve Funds; provided, however, that Lender may not pursue any such right or claim unless an Event of Default has occurred and remains uncured.