Company Assignments Clause Samples

The Company Assignments clause establishes the company's right to transfer or assign its rights and obligations under the agreement to another party. Typically, this clause outlines the conditions under which such assignments are permitted, such as requiring prior written notice or consent from the other party, or specifying exceptions for assignments related to mergers or acquisitions. Its core practical function is to provide flexibility for the company to reorganize or transfer contractual relationships as needed, while also protecting the interests of the other party by setting clear rules for when and how assignments can occur.
Company Assignments. 1. Work Release Authority Types; Aircraft Certifying Authority (ACA) Authority Type (i) PC12 (Familiarization Training) (ii) S76 (Type Course) (iii) AW139 (Type Course) (iv) E-Category (Specialty) (v) S-Category (Specialty) 2. Assigned Duties (i) Base Engineer (ii) Lead Hand
Company Assignments. For Firefighters with more than three (3) years seniority, company assignments will be granted on the basis of seniority in rank on the shift where the vacancy exists. Employees in the rank of Firefighter with seniority of three (3) years or more shall be entitled to continue such assignments, subject to the need to make allowance for training of probationary Firefighters. To get this training, probationary Firefighters will be assigned to companies des- ignated by the Battalion Chief. No permanent Firefighter with more than three
Company Assignments. 1. Work Release Authority Types; Aircraft Certifying Authority (ACA) Authority Type
Company Assignments. For Firefighters with more than three (3) years seniority, company assignments will be granted on the basis of seniority in rank on the shift where the vacancy exists. Employees in the rank of Firefighter with seniority of three (3) years or more shall be entitled to continue such as- signments, subject to the need to make allowance for training of probationary Firefighters. To get this training, probationary Firefighters will be assigned to companies designated by the Battalion Chief. No permanent Firefighter with more than three (3) years of seniority will be away from his/her assigned position as a result of such training assignment for any longer than two (2) months in any calendar year, except in the event that three (3) or more probationary employ- ees are assigned to the same shift, in which case the time away from his/her assigned position may be extended an additional thirty calendar days in the calendar year. Employees with less than three (3) years of seniority may be moved as determined by the Employer for bona fide operational reasons, including ongoing training; provided, that such movement shall not displace Firefighters with more than three (3) years seniority from their permanent assignments.
Company Assignments. Notwithstanding anything herein to the contrary, prior to the Closing, the Company shall assign, transfer and convey to Seller all of the tangible fixed assets of the Company (after giving effect to the Verilink Purchase) (the “Fixed Assets”) and Seller agrees to accept delivery of such Fixed Assets. Effective as of the Closing, and without the payment of any additional consideration, Seller hereby grants the Company an exclusive license (the “License”) to use, hold and possess the Fixed Assets for all lawful purposes, which License shall continue until Seller assigns, transfers and conveys to the Company free and clear of all Liens that portion of the Fixed Assets that are necessary (determined by the Company in its reasonable good faith discretion) for the Company to manufacture, offer and sell the product formerly manufactured by the Verilink Sellers (the “Retained Assets”), which Seller shall promptly do upon the Company providing to Seller a reasonably detailed listing of the Retained Assets, and in any event with one business day of receipt of such listing. During the term of the License, Seller shall not transfer or encumber the Fixed Assets (except to the extent of the Lien in favor of HSK Funding, Inc.)

Related to Company Assignments

  • Shift Assignments When an opening occurs in a shift assignment in an appropriate work group at a location, preference shall be given to employees within the classification who possess the training, ability and any required special qualifications to perform the work required, on the basis of seniority. In the event that no employee desires a shift assignment, employees shall be selected in order of inverse seniority. This provision shall not apply to necessary training assignments. This provision shall not in itself alter the practice of rotating shifts where such practice presently exists. No employee who has a regular shift assignment on the effective date of the Agreement shall be involuntarily displaced from such shift assignment as a result of this Article.

  • Permitted Assignments A Lender may assign to an Eligible Assignee any of its rights and obligations under the Loan Documents, as long as (a) each assignment is of a constant, and not a varying, percentage of the transferor Lender’s rights and obligations under the Loan Documents and, in the case of a partial assignment, is in a minimum principal amount of $5,000,000 (unless otherwise agreed by Agent in its discretion) and integral multiples of $1,000,000 in excess of that amount; (b) except in the case of an assignment in whole of a Lender’s rights and obligations, the aggregate amount of the Commitments retained by the transferor Lender is at least $5,000,000 (unless otherwise agreed by Agent in its discretion); and (c) the parties to each such assignment shall execute and deliver to Agent, for its acceptance and recording, an Assignment and Acceptance. Nothing herein shall limit the right of a Lender to pledge or assign any rights under the Loan Documents to (i) any Federal Reserve Bank or the United States Treasury as collateral security pursuant to Regulation A of the Board of Governors and any Operating Circular issued by such Federal Reserve Bank, or (ii) counterparties to swap agreements relating to any Loans; provided, however, that any payment by Borrowers to the assigning Lender in respect of any Obligations assigned as described in this sentence shall satisfy Borrowers’ obligations hereunder to the extent of such payment, and no such assignment shall release the assigning Lender from its obligations hereunder.

  • Room Assignments a. The University assigns roommates without regard to race, color, national origin, age, religion, disability, veterans’ status, sexual orientation, gender identity or expression. b. The University will only assign same genders together. c. The University does not permit registered sex offenders to live in university housing. d. Assignment to a specific building, type of housing, room/apartment capacity, or specific roommate is not guaranteed. e. The University reserves the right to make housing assignments and to require assignment changes when considered advisable or necessary by the University. f. For special accommodations, students with disabilities or other unique needs must make a written request for an accommodation to the Office of Student Accessibility Services. g. If permanent space is not available in University housing, the University may place you in a supplemental space or waiting list until a permanent space is available. Only the person(s) assigned by the University to your room may reside in the room, suite or apartment. h. The University reserves the right to make changes in room assignments for any reason the University determines to be appropriate in its sole and absolute discretion, including without limitation, roommate conflicts, pending disciplinary action, and non-compliance with the University Regulations. Room re- assignments may include but are not limited to, an assignment to a supplemental space or a consolidation of residents, and shall not result in a decrease or an increase in your Contract Rate. i. If your room assignment is changed by the University, and you fail to vacate your current room within twenty-four hours after the University has issued you an authorization or instruction to move, you will be assessed a daily charge equal to three times the daily room charge during the holdover period. j. University will try to match roommates based on student preference profiles. However, the University cannot guarantee the requested preference in the room assignment process. If Student chooses to live with another Student based on a self-selection process, Student preference profiles shall not be considered by the University. k. Students without disabilities may reside in Residence Hall/Apartments rooms which have been specifically designed to accommodate persons with disabilities. In the event a Residence Hall room is needed to accommodate a person with a disability, Student may be required to relocate to alternate University Campus Housing accommodations. In this instance, University shall pay reasonable moving expenses to relocate occupant(s) to alternate accommodations. In this instance, University shall provide no less than fourteen (14) days written notice prior to terminating the existing Contract. l. If permanent space is not available, the UTRGV may place Student in temporary space until permanent space is available. m. Only the person(s) assigned by DHRL to Student’s room may reside in the room. The University reserves the right to make changes in room assignments for such reasons as the University determines to be appropriate in its sole and absolute discretion, including, without limitation, roommate conflicts, pending disciplinary action, non-compliance with University Regulations, and disruptions to the community. n. Single occupancy in double rooms is allowed only on University’s prior approval, which may be withheld in its sole and absolute discretion. Single room occupancy in rooms designated as double occupancy will be charged at specified rates. If the University has a waitlist for Residence Hall bed space, single room contracts may be changed to double room contracts. o. If Student's roommate vacates the double room or if Student’s suitemates all vacate the suite, ▇▇▇▇▇▇▇ agrees to accept another roommate or suitemate as assigned. Student may be asked to move to another room if requested by the University. Failure to move may result in you being charged a single room rate and improper check out fee in addition to disciplinary actions p. Room changes may be made only with the approval of DHRL. Hall, Building and/or room type changes may be made only with approval of DHRL. Students who complete a hall and/or room type change will may be required to sign a new contract. q. University reserves the right to consolidate vacancies and close all or part of Residence Halls/Apartments.

  • Shift Assignment Should the University elect to establish a shift on any other schedule than the regular day shift (Monday through Friday) or to assign employees to work on any such shift, the employee(s) with the most seniority in the classification affected or to be assigned on such shift shall have preference in moving to such shift. If an insufficient number of employees in the classification elect to move to such shift, then the employee(s) with the least seniority in the classification shall be assigned to such shift. If positions or shifts are reduced or eliminated or movement of personnel to other shifts is required, then the seniority of the affected employee will prevail in the selection of shift, provided the affected employee can do the required work. Such shift preference is only applicable within the employee's classification.

  • Work Assignments Section 1. The Company shall determine whether to staff a position or fill a vacancy and the method or combination of methods it shall use for such purposes. In making this determination, the Company shall first give consideration to qualified internal candidates prior to off-street applicants. All vacancies within the Bargaining Unit shall be posted (manually or electronically) in such a fashion as to be accessible by employees. The posting shall include the title, pay range, and sufficient information regarding requirements and duties to adequately describe the vacancy. The vacancy shall remain posted for seven (7) calendar days. Section 2. In connection with Section 1. above, employees who have met a twelve (12) month time-in-title and location requirement shall be afforded the opportunity to submit to the Company a form on which they may identify their interest in being considered for vacancies which occur in the Bargaining Unit. Section 3. When a vacancy is to be filled from within the Bargaining Unit, Management will consider all qualified candidates who have forms on file relating to the vacancy in question. In selecting the employee to fill the position, the Company will first give due consideration to the candidates’ qualifications and past performance and where those factors are relatively equal, in the judgment of the Company, it shall consider seniority. Section 4. The Company agrees to provide the Union, in writing, the names and titles of all candidates selected under this Article, by the fifteenth (15th) calendar day after any such selection is made. Section 5. Nothing in this Agreement shall be applied or interpreted to restrict the Company in the exercise of its right to hire, promote or transfer; and, to the extent the needs of the business require, to have Bargaining Unit work performed by its supervisory personnel, or its right to make sales assignments without limitations.