Assignment and Replacement Sample Clauses
The Assignment and Replacement clause governs the conditions under which one party may transfer its rights or obligations under the agreement to another party, or substitute a new party in place of an original party. Typically, this clause outlines whether prior written consent is required for assignment, and may specify exceptions or procedures for replacing a party, such as in the event of a merger or acquisition. Its core practical function is to provide clarity and control over changes in contractual relationships, ensuring that all parties are aware of and agree to any significant changes in who is responsible for performing or benefiting from the contract.
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Assignment and Replacement. The Servicer acknowledges and agrees that in the event that the Master Servicer resigns as Master Servicer under this Agreement, any successor master servicer has the right to assume the Master Servicer's rights and obligations and to enforce the Servicer's obligations under this Agreement.
Assignment and Replacement. 2.3.5. Notices..................................................... 2.3.6.
Assignment and Replacement. Assignments, novations and transfers generally require the other party's consent but the Crown can replace an administering department on notice.
23.1 Subject to clause 23.2, neither party may assign, novate, transfer or otherwise dispose of the whole or any part of its rights and obligations under this Marketplace Agreement without first obtaining the other party's consent (which will not be unreasonably withheld or delayed).
23.2 The Crown may replace the public service department holding administrative responsibility under this Marketplace Agreement, a Channel or a Marketplace Catalogue by notice to you and, from the date specified in such notice, the specified replacement public service department will have administrative responsibility for the purposes of, and may exercise all rights under, this Marketplace Agreement.
Assignment and Replacement. 1. Preference for known longterm vacancies by seniority will be given to longterm substitutes who have shown competence in the subject to be taught or area of assignment and who have not been recommended for dismissal in prior assignments. This provision does not apply to Professional/Technical Employees.
2. A longterm substitute shall not be displaced from a particular assignment except for cause as defined in Section 514 of the School Code, or because of the return of the teacher for whom they are substituting, or because of the position being filled by the appointment of a regular teacher. In either of the latter two
Assignment and Replacement. 20 2.3.5 Notices. . . . . . . . . . . . . . . . . . . . . . . . . . 20 2.3.6
Assignment and Replacement. This Warrant may be assigned by the holder, subject to the restrictions contained in Section 3.1 of the Purchase Agreement. Upon surrender of any Warrant for registration of transfer or for exchange to the Company at its principal office, the Company at its expense will execute and deliver in exchange therefor a new Warrant or Warrants of like tenor, in the name of such holder or as such holder may direct, calling in the aggregate on the face or faces thereof for the number of shares of Common Stock called for on the face or faces of the Warrant or Warrants so surrendered. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of any Warrant and, in the case of any such loss, theft or destruction of any Warrant, upon delivery of an indemnity bond in such reasonable amount as the Company may determine or, in the case of any such mutilation, upon the surrender of such Warrant for cancellation to the Company at its principal office, the Company at its expense will execute and deliver, in lieu thereof, a new Warrant of like tenor.
Assignment and Replacement. 1. Preference for known long-term vacancies by seniority will be given to long-term substitutes who have shown competence in the subject to be taught or area of assignment and who have not been recommended for dismissal in prior assignments. The provision does not apply to Comprehensive Day Care and Professional/Technical employees.
2. A long-term substitute shall not be displaced from a particular assignment except for cause as defined in Section 514 of the School Code, or because of the return of the teacher for whom he/she is substituting, or because of the position being filled by the appointment of a regular teacher. In either of the latter two (2) cases, the long-term substitute shall be given preference in assignment to other vacant long-term posts. This provision does not apply to Paraprofessionals, Food Service Managers and Professional/Technical employees.
3. Whenever possible, a long-term substitute must be given two (2) weeks notice before he/she is replaced by an appointed employee.
4. When a long-term substitute teacher is to be replaced by an appointed teacher, the long-term substitute with the least service in the school and in the subject area for which the replacement is being made will be released first, and so on in that order. This provision applies only to Teachers.
5. When a long-term substitute who is not a teacher is to be replaced by an appointed employee, the long-term substitute with the least service in the school and in the classification for which the replacement is being made will be released first, and so on in that order. This provision does not apply to Food Service Managers or Professional/Technical employees.
6. If there is not a long-term post available, the displaced substitute shall be notified promptly of the fact and shall be given a per diem assignment but shall be paid on his/her long-term basis for the days he/she works for the remainder of the school year, provided he/she accepts all per diem assignments, except in the case of his/her illness. When a long-term substitute functions as a per diem substitute on this basis, he/she shall continue to receive, for the balance of the year, all insurance, sick leave, personal leave and holiday pay that he/she would be entitled to if serving in a long-term substitute capacity. If it is not possible to offer per diem service with long-term substitute status, he/she is to be given ten (10) days’ notice of termination of his/her position or pay in lieu thereof. This provisi...