Subsection 206 Sample Clauses

Subsection 206. 9 allows displaced apprentices who progress to unassigned or journeyman status to return to their former headquarters on an accelerated basis as a journeyman or unassigned journeyman.
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Subsection 206. 9 allows displaced apprentices who progress to unassigned or journeyman status to return to their former headquarters on an accelerated basis as a journeyman or unassigned journeyman. 1. Re-employment provisions are applicable after application of Title 206, Title 205, Title 19 and Title 18 for both beginning level and above beginning level classifications. These provisions come into effect after active employees have been considered for beginning level vacancies, then the Company will revert to the rehire pool to fill beginning level vacancies. Employees with transfers on file will have first consideration prior to the Company going to the rehire pool to fill beginning level vacancies. (See memo dated 11/10/94). 2. Applies to any regular employee who has been laid off for lack of work for a period not in excess of thirty months and who had one or more years of Service at the time of layoff. (See LA 97-53 for former Steam and Hydro Generation employees.) 3. Company shall notify such employee when any vacancy exists in a beginner's job for which such employee has preferential rehire rights and has indicated a desire to accept. 4. Company shall send a notice by certified mail and return receipt requested to the last mailing address furnished by the laid off employee. 5. Priority shall be given to the most senior employee on layoff status. (See LA 87-80.) Seniority is based upon Service at the time of layoff. 6. Such employee must respond within three working days from the date notice is received and advise Company of acceptance of re-employment. If employee fails to respond, employee will be considered terminated. 7. If a laid-off employee does not accept reemployment to a full-time position or report for work within the time provided, such employee will be considered terminated, with no further reemployment rights. If the laid-off employee declines an offer of part-time employment, such employee will not be considered for reemployment to future part-time positions. 8. If employee declines or fails to respond within given time, Company will send notice to the next employee on the laid off list. 9. Employees recalled shall report to work within seven calendar days after advising Company of acceptance. 10. An employee who fails to report within such time will be considered terminated with no further employment rights under this Section. 11. An employee returning to ajob under provisions of this Section must possess the necessary skills, ability and physical qu...

Related to Subsection 206

  • Section 206 Declaration of Trust..................................................................11 Section 207. Authorization to Enter into Certain Transactions......................................12

  • Section 205 Issuance of the Common Securities; Subscription and Purchase of Debentures............................................................................11

  • Section 204 Issuance of the Preferred Securities..................................................11

  • Subsection A numbered or lettered portion of the text within a Section of the CTSA.

  • SECTION 203 Form of Reverse of Security........................ 14 Section 204. Form of Legend for Global Securities............... 18 Section 205. Form of Trustee's Certificate of Authentication.... 18 ARTICLE THREE

  • SECTION 402 Application of Trust Money.................................. 29 ARTICLE FIVE REMEDIES........................................................... 29 Section 501. Events of Default........................................... 29

  • SECTION 201 Forms Generally............................................. 13 Section 202. Form of Face of Security.................................... 13

  • Paragraph (c) of sub‑clause (1) of clause 8 is amended by adding thereto a new paragraph as follows:

  • Lender’s Suspension of LIBOR Loans Without limiting the effect of the provisions of the immediately preceding subsections (a) and (b), if by reason of any Regulatory Change, any Lender either (i) incurs Additional Costs based on or measured by the excess above a specified level of the amount of a category of deposits or other liabilities of such Lender that includes deposits by reference to which the interest rate on LIBOR Loans is determined as provided in this Agreement or a category of extensions of credit or other assets of such Lender that includes LIBOR Loans or (ii) becomes subject to restrictions on the amount of such a category of liabilities or assets that it may hold, then, if such Lender so elects by notice to the Borrower (with a copy to the Administrative Agent), the obligation of such Lender to make or Continue, or to Convert Base Rate Loans into, LIBOR Loans shall be suspended until such Regulatory Change ceases to be in effect (in which case the provisions of Section 4.5. shall apply).

  • Mandatory Reduction of Commitments (a) In addition to any other mandatory commitment reductions pursuant to this Section 3.03 or any other Section of this Agreement, the Total Commitment (and the Commitment of each Lender) shall terminate in its entirety on the Commitment Termination Date. (b) In addition to any other mandatory commitment reductions pursuant to this Section 3.03 or any other Section of this Agreement, the Total Commitment (and the Commitments of each Lender) shall be reduced: (i) (immediately after the relevant Loans are made) on each Borrowing Date by the amount of Total Commitment utilized to make the Loans made on such Borrowing Date; and (ii) on each borrowing date under the Other Term Loan Facility (immediately after the relevant loans are made on such borrowing date under the Other Term Loan Facility) by the amount of Total Commitment utilized to make the loans under the Other Term Loan Facility on such borrowing date. (c) In addition to any other mandatory commitment reductions pursuant to this Section 3.03 or any other Section of this Agreement, the Total Commitment shall be terminated at the times required by Section 4.02. (d) Each reduction to the Total Commitment pursuant to this Section 3.03 and Section 4.02 shall be applied proportionately to reduce the Commitment of each Lender. (e) In addition to any other mandatory commitment reductions pursuant to this Section 3.03 or any other Section of this Agreement, the Total Commitment shall be reduced pursuant to Section 3.03 and 3.02 of the Other Term Loan Facility.

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