Termination when no Nominated Company is selected Sample Clauses

Termination when no Nominated Company is selected. In the event that no Nominated Company acceptable to the Authority is selected and recommended by the Lenders' Representative within the period of 180 (one hundred and eighty) days or any extension thereof as set forth in Clause 3.3.2, the Authority may terminate the Concession Agreement forthwith in accordance with the provisions thereof.
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Termination when no Nominated Company is selected. In the event that no Nominated Company acceptable to the Railway Administration is selected and recommended by the Lenders’ Representative within the period of 180 (one hundred and eighty) days or any extension thereof as set forth herein, the Railway Administration may terminate the Concession Agreement forthwith in accordance with the provisions thereof.

Related to Termination when no Nominated Company is selected

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2

  • Retroactive Pay for Terminated Employees An employee who has retired or severed his/her employment between the termination date of this Agreement and the effective date of the new Agreement shall receive the full retroactivity of any increase in wages, salaries or other benefits.

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