Voluntary Transfers A. All vacant positions in the Bargaining Unit shall be posted for five (5) workdays. B. Notices of transfer opportunities shall be posted by title; on Ed-Join, on the CCCOE web site; at the West County Detention Center facility, the Xxxxxxx Center, Student Programs and Services Regional Offices, and distributed to Unit Members upon request. On CCCOE’s Staff Development Day, Unit Members shall receive a listing of all posting locations. Knowledge of transfers shall be the responsibility of the Unit Member either by inquiry concerning the posted transfer opportunities or by the provision of Section 2.c. of this Article. C. Unit Members seeking to transfer from their present assignment shall complete a “Request for Transfer” form and file it with the Human Resources Office. A Unit Member may request a transfer to take effect either during the school year or at the beginning of the next school year. The request may be as specific or as broad as the Unit Member desires to make it. Unit Members whose requests for transfer have not been granted and who wish to continue to seek a transfer shall file another form at the beginning of each school year. A Unit Member may submit a request for transfer at any time, whether or not a vacancy exists. A Unit Member may also submit a request for a transfer subsequent to the posting procedure of this Article. D. Five (5) workdays after the posting of any transfer opportunity, all on-file and newly completed “Request for Transfer” forms received by the Human Resources Office shall be considered. Applications resulting in transfer offers may be rejected at the option of the Unit Member. E. A “Request for Transfer” shall be considered on the basis of program needs, qualifications, proximity of the applicant’s residence to the work site, and seniority. Consideration of program needs will be on a basis that is not arbitrary or capricious. F. A Unit Member who requests a transfer, which is not granted, will be provided the specific reasons for rejection, upon request. G. Notices of transfer opportunities shall be sent to the Association. When requested by the Association, notices of transfer opportunities will be sent by certified mail. H. During the posting periods, the transfer opportunities and vacancies will not be permanently filled. I. Unit Members may request lateral movement between two positions for which they are appropriately credentialed and qualified. Such lateral transfer must be approved by the two respective program administrators. The two program administrators shall not unreasonably withhold their consent.
Involuntary Transfers Any transfer of title or beneficial ownership of Interests or Special Membership Interests, as applicable, upon default, foreclosure, forfeit, divorce, court order or otherwise than by a voluntary decision on the part of a Management Member, Outside Investor Member or Other Investor Member (each, an "Involuntary Transfer") shall be void unless such Management Member, Outside Investor Member or Other Investor Member complies with this Section 13.6 and enables the Company to exercise in full its rights hereunder. Upon any Involuntary Transfer, the Company shall have the right to purchase such Interests or Special Membership Interests, as applicable, pursuant to this Section 13.6 and the person or entity to whom such Interests or Special Membership Interests, as applicable, have been Transferred (the "Involuntary Transferee") shall have the obligation to sell such Interests or Special Membership Interests, as applicable, in accordance with this Section 13.6. Upon the Involuntary Transfer of any Interest or Special Membership Interests, as applicable, such Management Member, Outside Investor Member or Other Investor Member shall promptly (but in no event later than two days after such Involuntary Transfer) furnish written notice to the Company indicating that the Involuntary Transfer has occurred, specifying the name of the Involuntary Transferee, giving a detailed description of the circumstances giving rise to, and stating the legal basis for, the Involuntary Transfer. Upon the receipt of the notice described in the preceding sentence, and for 60 days thereafter, the Company shall have the right to purchase, and the Involuntary Transferee shall have the obligation to sell, all (but not less than all) of the Interests and Special Membership Interests acquired by the Involuntary Transferee for a purchase price equal to the lesser of (i) the Fair Market Value of such Interests or Special Membership Interests, as applicable, and (ii) the amount of the indebtedness or other liability that gave rise to the Involuntary Transfer plus the excess, if any, of the Carrying Value of such Interests or Special Membership Interests, as applicable, over the amount of such indebtedness or other liability that gave rise to the Involuntary Transfer. For purposes of this Agreement, "Carrying Value", with respect to any outstanding Special Membership Interest, means the value equal to the Special Membership Interest Funds advanced by the applicable selling Management Member, Outside Investor Member or Other Investor Member in respect of any such outstanding Special Membership Interest (plus any portion of accrued and unpaid interest on the applicable pro rata outstanding portion of the Bulk Advances that is allocable to the applicable Member pursuant to Section 10.8), less principal amounts paid to such Member in respect of such Member's Special Membership Interest.
Permitted Transfers The provisions of Section 8.1 shall not apply to (a) a transfer or an assignment of this Lease in connection with the sale of substantially all the original Tenant’s assets if: (I) such sale of assets occurs on an arms’-length basis, to an unrelated third party, and is for a bona fide business purpose and not primarily to transfer Tenant’s interest in this Lease; and (II) upon the consummation of the transfer or assignment, the transferee or assignee is, in the sole, but reasonable determination of Landlord (and its lender, if applicable), capable of satisfying all of Tenant’s obligations hereunder; (b) an assignment of this Lease to a successor to Tenant by merger, consolidation, reorganization or similar corporate restructuring or to an entity that controls, is controlled by, or is under common control with, Tenant; or (c) a subletting of the Premises or any part thereof. In the case of an assignment or sublease that is expressly permitted pursuant to (a) or (c) of this Section 8.3, Tenant shall nevertheless be required to provide Landlord with notice of such assignment or sublease and a true and complete copy of the fully-executed documentation pursuant to which the assignment or sublease, as applicable, has been effectuated within ten (10) business days after the effective date of such assignment or sublease. Any permitted transferee under (a) of this Section 8.3 shall execute and deliver to Landlord any and all documentation reasonably required by Landlord in order to evidence assignee’s assumption of all obligations of Tenant hereunder and to evidence the assignee’s compliance (or ability to comply) with (a)(II) above. Notwithstanding anything to the contrary contained in this Section 8.3, in no event may Tenant assign, mortgage, transfer, pledge or sublease this Lease to any entity whatsoever if, at the time of such assignment, mortgage, transfer, pledge or sublease, a Default has occurred and remains continuing under this Lease.