UNDERSTANDING CLAUSE Sample Clauses

UNDERSTANDING CLAUSE. This Agreement incorporates the entire understanding of the parties on all matters which have or could have been subject of negotiations, whether or not within the knowledge or contemplation of either or both of the parties at the time they negotiated or evaluated this Agreement.
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UNDERSTANDING CLAUSE. This Agreement incorporates the entire understanding of the parties on all matters which have or could have been the subject of negotiations, whether or not within the knowledge or contemplation of either or both of the parties at the time they negotiated or evaluated this Agreement.
UNDERSTANDING CLAUSE. This Memorandum of Understanding sets forth the full and entire understanding of the parties regarding the matters set forth herein; and any other prior or existing understanding or agreements by the parties, whether formal or informal, regarding any such matters are hereby superseded or terminated in their entirety, if they conflict with this Memorandum of Understanding. It is agreed and understood that each party hereto voluntarily waives its rights to negotiate and agrees that the other party shall not be required to negotiate, with respect to any matter covered herein during the term of this Memorandum of Understanding. However, in the event of fiscal or operational crisis that could result in layoff of personnel and/or changes in statutory or decisional law, the District may implement change only after exhausting all obligations of meet and confer. Nothing herein shall preclude or limit the District from making changes in matters not covered by the Memorandum but within the scope of representation. If the District intends to make such changes, it will give prior notice to the Association and an opportunity to meet and confer over said changes. Nothing in this section shall preclude the parties from jointly agreeing to meet and confer on any issue(s) within the scope of representation during the term of this Memorandum of Understanding. RATIFICATION Sonoma County Professional Firefighters Association Association President Date Sonoma County Fire District President, Board of Directors Date Appendix A July 1, 2021 – 2% Increase Classification Step 1 Step 2 Step 3 Step 4 Firefighter/EMT $5,827.26 $6,149.58 $6,472.92 $6,795.24 Firefighter/Medic $6,409.99 $6,764.54 $7,120.21 $7,474.76 Engineer $6,968.64 $7,261.38 $7,559.22 $7,868.28 Captain 56-hour $8,404.80 $8,729.16 $9,051.48 $9,378.90 Captain 40-hour $8,568.00 $8,898.94 $9,227.74 $9,560.82 January 1, 2022 – 3% Increase Classification Step 1 Step 2 Step 3 Step 4 Firefighter/EMT $6,002.08 $6,334.07 $6,667.11 $6,999.10 Firefighter/Medic $6,602.29 $6,967.47 $7,333.82 $7,699.01 Engineer $7,177.70 $7,479.22 $7,786.00 $8,104.33 Captain 56-hour $8,656.94 $8,991.03 $9,323.02 $9,660.27 Captain 40-hour $8,825.04 $9,165.91 $9,504.57 $9,847.64 July 1, 2022 – 2% Increase Classification Step 1 Step 2 Step 3 Step 4 Firefighter/EMT $6,122.12 $6,460.75 $6,800.45 $7,139.08 Firefighter/Medic $6,734.33 $7,106.82 $7,480.49 $7,852.99 Engineer $7,321.25 $7,628.81 $7,941.72 $8,266.41 Captain 56-hour $8,830.08 $9,170.86 $9,509.48...
UNDERSTANDING CLAUSE. This Memorandum of Understanding sets forth the full and entire understanding of the partied regarding the matters set forth herein; and any other prior or existing understanding or agreements by the partied, whether formal or informal, regarding any such matters are hereby suspended or terminated in their entirety, if they conflict with this Memorandum of Understanding. It is agreed and understood that each party hereto voluntarily waives its right to negotiate and agrees that the other party shall not be required to negotiate, with respect to any matter covered herein during the term of this Memorandum of Understanding. However, in the event of a fiscal or operational crisis that could result in layoff of personnel and/or changes in statutory or decisional law, the District may implement change only after exhausting all obligations of meet and confer. Nothing herein shall preclude or limit the District from making changes in matters not covered by the Memorandum but within the scope of representation. If the District intends to make such changes, it will give prior notice to the Association and an opportunity to meet and confer over said changes.

Related to UNDERSTANDING CLAUSE

  • BREAK CLAUSE IF YOU HAVE OPTED FOR A FIXED TERM CONTRACT YOU WILL NOT HAVE THE DETAILS OF A BREAK CLAUSE NOTED IN YOUR PARTICULARS.

  • Granting Clause The Issuer hereby Grants to the Indenture Trustee at the Closing Date, as trustee for the benefit of the Holders of the Notes, all of the Issuer's right, title and interest in and to whether now existing or hereafter created by (a) the Mortgage Loans, Qualified Substitute Mortgage Loans and the proceeds thereof and all rights under the Related Documents; (b) all funds on deposit from time to time in the Collection Account allocable to the Mortgage Loans excluding any investment income from such funds; (c) all funds on deposit from time to time in the Payment Account and in all proceeds thereof; (d) all rights under (i) the Mortgage Loan Purchase Agreement as assigned to the Issuer, (ii) the Servicing Agreement, (iii) any title, hazard and primary insurance policies with respect to the Mortgaged Properties and (iv) the rights with respect to the Cap Contracts; (e) all present and future claims, demands, causes and choses in action in respect of any or all of the foregoing and all payments on or under, and all proceeds of every kind and nature whatsoever in respect of, any or all of the foregoing and all payments on or under, and all proceeds of every kind and nature whatsoever in the conversion thereof, voluntary or involuntary, into cash or other liquid property, all cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, checks, deposit accounts, rights to payment of any and every kind, and other forms of obligations and receivables, instruments and other property which at any time constitute all or part of or are included in the proceeds of any of the foregoing and (f) all other property of the Issuer (collectively, the "Trust Estate" or the "Collateral"). The foregoing Grant is made in trust to secure the payment of principal of and interest on, and any other amounts owing in respect of, the Notes, equally and ratably without prejudice, priority or distinction, and to secure compliance with the provisions of this Indenture, all as provided in this Indenture. The Indenture Trustee, as trustee on behalf of the Holders of the Notes, acknowledges such Grant, accepts the trust under this Indenture in accordance with the provisions hereof and agrees to perform its duties as Indenture Trustee as required herein.

  • SAVING CLAUSE If any provision(s) of this Agreement shall be determined to be illegal or unenforceable, such determination shall in no manner affect the legality or enforceability of any other provision hereof.

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