Common use of Waiver Preferences Clause in Contracts

Waiver Preferences. (a) In the event that more than one (1) Member shall have claimed the rights to a Player placed on waivers, the claiming Member with the lowest team standing at the time the waiver was requested shall be entitled to acquire the rights to such Player. If the request for waiver shall occur after the last day of the Season and before 11:59 p.m. eastern time on the following November 30, the standings at the close of the previous Season shall govern.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Uniform Player Contract, Player Contract

AutoNDA by SimpleDocs

Waiver Preferences. (a) In the event that more than one (1) Member shall have claimed the rights to a Player placed on waivers, the claiming Member with the lowest team standing at the time the waiver was requested shall be entitled to acquire the rights to such Player. If the request for waiver shall occur after the last day of the Season and before 11:59 p.m. eastern time on the following between Seasons or prior to midnight November 30, the standings at the close of the previous Season shall govern.

Appears in 1 contract

Samples: Uniform Player Contract

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.