Variances is defined in Section 8.8.
Variances. Notwithstanding the above, nothing in this Master Agreement prevents the Union and the Employer from negotiating alternate terms to facilitate the particular needs of a production. The Union will review the Employer’s individual request to amend or modify this Master Agreement for the production. Within twenty-four (24) hours of receipt of the request, a representative of the Union may request a telephone meeting with the Employer’s representative. The parties’ representatives must have authority to conclude an agreement, which binds their respective principals to the modifications of this Master Agreement. The Union shall respond to a variance request within five (5) business days of receipt of the request, unless the Employer agrees to extend the five (5) business day deadline. Failure to respond to such a request within the said time limits or extensions thereof shall be deemed to be an acceptance of the proposed variance. A copy of any Letter of Variance will be provided to the Employer and the CMPA.
Variances means variances, which may be positive or negative, related to the Material Cost Component of Inventory used in production or sold, including purchase price variances, **** REPRESENTS TEXT OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. THE OMITTED MATERIAL HAS BEEN FILED SEPERATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. yield variances and material usage variances generated from the purchase of inventory or during the production for each month of the Term and inventory loss due to obsolescence, damage, loss or theft at the Manufacturing Facility, unless such loss is due to Abbott Japan’s gross negligence, recklessness or willful misconduct.
Examples of Variances in a sentence
Variances between the prospective monthly budgets and amounts actually incurred will be reconciled at the end of each quarter.
Variances beyond one (1) hour of 7:00 a.m. and 6:00 p.m. shall be agreed mutually between the Employer and the Business Manager.
Variances in excess of one hour will require mutual consent between the Union and the Company Representative.
Variances beyond one (1) hour shall be agreed mutually by the Employer and the Business Representative of the Union and the consent to variance will not be unreasonably withheld.
Variances of the subtotal budget items shall not exceed 10% without prior approval from the State.
More Definitions of Variances
Variances has the meaning assigned in Section 6.9.
Variances shall have the meaning specified in Section 8.4.
Variances means the result of an error that either under or over states a Policy owner's contract value allocated to a particular investment portfolio or fixed account.
Variances means a grant of relief from the requirements of this chapter which permits construction in a manner that would otherwise be prohibited by this chapter.
Variances means the May 11, 2005 New York State Department of Labor ("NYSDOL") Ruling on the Request for Variance, attached hereto as Exhibit 5, as well as any and all variances issued, and/or decisions or variances rendered, after May 11, 2005 by NYSDOL.
Variances shall have the meaning set forth in Section 2.10. “Zoning Ordinance” means the City’s adopted zoning ordinance.
Variances. Notwithstanding the above, nothing in this Master Agreement prevents the Union and the Employer from negotiating alternate terms to facilitate the particular needs of a production. The Union will review the Employer’s individual request to amend or modify this Master Agreement for the production. Within twenty-four (24) hours of receipt of the request, a representative of the Union may request a telephone meeting with the Employer’s representative. The parties’ representatives must have authority to conclude an agreement, which binds their respective principals to the modifications of this Master Agreement. The Union shall respond to a variance request within three business days of receipt of the request, unless the Employer agrees to extend the three business day deadline. Failure to respond to such a request within the said time limits or extensions thereof shall be deemed to be an acceptance of the proposed variance. A copy of any Letter of Variance will be provided to the Employer and the CMPA.