Term; Assignment Sample Clauses

Term; Assignment. This Agreement shall become effective as of the date of its execution, and: (a) unless otherwise terminated, this Agreement shall continue in effect until August 16, 2016, and from year to year thereafter so long as such continuance is specifically approved at least annually (i) by the Board of Directors of the Company or by vote of a majority of the outstanding voting securities of the Client, and (ii) by vote of a majority of the Directors of the Company who are not interested persons of the Company, the Adviser or the Sub-Adviser, cast in person at a meeting called for the purpose of voting on such approval; (b) this Agreement may at any time be terminated on 60 days’ written notice to the Sub-Adviser either by vote of the Board of Directors of the Company or by vote of a majority of the outstanding voting securities of the Client; (c) this Agreement shall automatically terminate in the event of its assignment or upon the termination of the Adviser’s Investment Advisory Agreement with the Company, on behalf of the Client; and (d) this Agreement may be terminated by the Sub-Adviser on 60 days’ written notice to the Adviser and the Company, or by the Adviser immediately upon notice to the Sub-Adviser. Termination of this Agreement pursuant to this Section 20 shall be without the payment of any penalty. The Sub-Adviser may not assign this Agreement and this Agreement shall automatically terminate in the event of an “assignment,” as such term is defined in Section 2(a)(4) of the 1940 Act. The Sub-Adviser shall notify the Adviser in writing sufficiently in advance of any proposed change of “control,” as defined in Section 2(a)(9) of the 1940 Act, so as to enable the Company and/or the Adviser to: (a) consider whether an assignment will occur, (b) consider whether to enter into a new Sub-Advisory Agreement with the Sub-Adviser, and (c) prepare, file, and deliver any disclosure document to the Client’s shareholders as may be required by applicable law.
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Term; Assignment. 4.4.1 Where a regular Staff Member is appointed for a specified term to a professional position, the Staff Member shall have the right to return to the Staff Member’s previous position or to an equivalent position at the salary and rank the Staff Member would have had if the Staff Member had continuously occupied that position. Prior to the commencement of the term assignment the Staff Member, the Staff Member’s supervisor, and the appropriate Executive Officer shall reach an understanding regarding the position to which the Staff Member is likely to return.
Term; Assignment. The College will confirm term assignments (if any) for employees on the Part- Time Employee List, if possible, by no later than the sixth week of the prior term. The parties acknowledge that the cooperation of employees is required in order to make such a confirmation.
Term; Assignment. (a) For the purposes of this Article, term assignment shall mean when an existing full time employee either applies for or is appointed to a term assignment. (b) If the term assignment is expected to last twelve (12) months or more: (i) the Employer may use the Acting Pay provision, or if not; (ii) the Employer will post and fill in accordance with Article 13 of the Collective Agreement; (iii) if filled by an existing seniority employee, such employee shall be eligible to return to his/her former position at the expiry of the term of the assignment; (iv) if there are no qualified bargaining unit applicants, then the position can be filled with a temporary employee. (c) If the term assignment is expected to last less than twelve (12) months, the Employer shall first attempt to use the Acting Pay provision if the requirement is above the entrance level and an employee capable of performing the work is available. If such is not the case, the position may be filled with a temporary employee. (d) If a term assignment which is expected to last less than twelve (12) months exceeds the twelve (12) months and has not been filled on an Acting basis, a meeting/discussion shall take place between the Human Resources Department, the hiring department and the Union to determine whether or not the opening should now be posted.
Term; Assignment. When an employee accepts a term position in the same department as currently employed, and the term assignment ends, the employee shall be reinstated to the same classification as was held prior to the term assignment. In this event, the time spent in the term position shall count toward seniority and the probation period of the employee’s prior position where the required probationary period was not completed prior to movement to the term position.
Term; Assignment a) If a suitable volunteer for a Term Assignment is not found Management may Draft appropriately qualified individuals to carry out the assignment. Drafted Members shall not be required to remain on a Term Assignment for longer than twenty-eight (28) Days, nor will Term Assignments be assigned back to back; i.e. Any one Member will only be Drafted a maximum of 3 Term Assignments in any given calendar year. b) Where Management Drafts a Member for a Term Assignment, the Member shall be reimbursed by the Company for the non-refundable portion of contracts or reservations made by the Member in respect of that period, subject to the presentation of any documentation MARCH 23, 2021, TO MARCH 23, 2023 Page | 72 AGREEMENT BETWEEN CANADIAN NORTH AND GAFAE management may require. The Member must make every reasonable effort to mitigate any losses incurred and will provide proof of such action to management when requested. In this case, or other extenuating circumstances, the Vice President Maintenance and Engineering or his designate has discretion to bypass the Member and Draft the next Member down the Draft list. c) If fourteen (14) Days or less notice is provided for the purpose of Drafting a Member to a Term Assignment, the Member may elect to restrict the duration of that Term Assignment to not exceed fourteen (14) Days in duration. The Member must inform Management of this intent at the time of Drafting. d) Once Drafted for a Term Assignment, the Member moves to the bottom of the Draft list. e) Where a suitable volunteer has been found, that Member shall be moved to the bottom of the Draft list.
Term; Assignment. (a) If the Licensee validly renews the Term, then the Licence shall be deemed to have been renewed or extended for a further period coinciding with the Further Term. (b) It is a condition of the Licence that the Lease shall not be determined and shall not be assigned without the contemporaneous assignment of the Licence and that the Licence of the Car Bays shall not be assigned without the contemporaneous assignment of this Lease and that on the happening of any such events the Licence shall be forthwith determinable by notice in writing to the Licensee.
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Term; Assignment. Unico shall hold the Leased Premises for the purpose of mining all kinds of minerals and ores for a period of three (3) years from the date of this Lease Agreement (the "Effective Date"), unless the Lease Agreement is sooner terminated under any provision contained herein. Each party, with the prior written consent of the other, which consent shall not be unreasonably withheld, shall have the power to assign or sublet this Lease Agreement or any interest hereunder. Notwithstanding the Effective Date, Unico shall have reasonable access to the Leased Premises prior to the Effective Date to prepare work plans and complete preliminary preparations.
Term; Assignment. (a) This Agreement shall be effective from the date hereof for a period of five (5) years, superseding all previous agreements between the parties hereto and thereafter this Agreement shall automatically be renewed for additional consecutive five-year terms, until terminated by the any of the parties hereto as provided herein. The Corporation and the Business Manager may each terminate this agreement as of the last day of the five-year period on at least ninety (90) days' written notice to the other party. No such termination will, however, affect the liabilities or obligations of the parties under this Agreement arising from transactions initiated prior to such termination.. (b) No party to this Agreement may assign right or delegate any obligation arising under this Agreement without the prior written consent of the other party hereto.
Term; Assignment. Term Assignments are to be assigned in an equitable manner subject to operational requirements and Member skill sets.
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