Section 18. Right Certificate Holder Not Deemed a Stockholder ..................... 21 SECTION 19. Concerning the Rights Agent............................................ 21 SECTION 20. Merger or Consolidation or Change of Rights Agent. .................... 22 SECTION 21.
Section 18. Right Certificate Holder Not Deemed a Stockholder........................19 SECTION 19.
Section 18. Limitation of Liability of Owner Trustee and Indenture Trustee............... 13 Section 19. Third-Party Beneficiary...................................................... 13
Section 18. Right Certificate Holder Not Deemed a Stockholder................................................ 28 Section 19. Concerning the Rights Agent.................................. 29 Section 20.
Section 18. 31 The use of student employees or volunteers shall not displace laid off (or RIF’d) bargaining unit 34 36 A R T I C L E I I 37 38 RIGHTS OF THE EMPLOYER 39 40 Section 2.1. 41 It is agreed that the statutory, customary and usual rights, powers, functions, and authority of 42 management are vested in management officials of the District. Without in any way limiting the 43 generality of the foregoing, this will include rights in accordance with applicable laws and regulations 44 and the provisions of this Agreement to direct the work force, the right to hire, promote, retain, 45 transfer, and assign employees in positions; the right to suspend, discharge, demote or take other 46 disciplinary action against employees; and the right to release employees from duties because of lack 47 of work or for other legitimate reasons. The District will retain the right to maintain efficiency of the 48 District operation by determining the methods, the means, and the personnel by which such operation
Section 18. Limitation of Liability of Owner Trustee, Indenture Trustee and Administrator............................................ 12 SECTION 19.
Section 18. Limitation of Liability of Owner Trustee and Indenture Trustee....11 Section 19. Third-party Beneficiary...........................................12 Section 20. Survivability.....................................................12 EXHIBIT A LIMITED POWER OF ATTORNEY This Administration Agreement, dated as of May 1, 2003 (this "Agreement"), is among CIT Equipment Collateral 2003-VT1 (the "Issuer"), CIT Financial USA, Inc. (together with its successors and assigns, "CFUSA" and in its capacity as administrator, the "Administrator"), NCT Funding Company, L.L.C. (together with its successors and assigns, the "Trust Depositor"), and JPMorgan Chase Bank, not in its individual capacity but solely as Indenture Trustee (together with its successors and assigns, the "Indenture Trustee").
Section 18. 4 Coverage for the employee and dependent will terminate the first day of the month in which the 23 retired employee reaches their 65th birthday or when the employee becomes eligible for Medicare benefits, or 24 at the end of a five (5) year period, whichever comes first. See also Section 18.8
Section 18. 5 If a husband and wife are both District employees, and both retire at the end of the same school 26 year, or during the same school year, the District will pay for only one family medical plan. Should one spouse 27 die, the eligibility for medical insurance coverage under this Article would automatically transfer to the surviving 28 spouse.
Section 18. 02. New employees who have been hired prior to March 1 of each year shall be entitled 20 to an incremental raise on September 1 for experience as shown in the salary schedule.
