Local Option Sample Clauses

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Local Option. Par. 1. It is agreed between the Company and the Union that in order to more effectively compete or to address other local conditions to benefit the entire elevator industry, it is permissible for any local union to negotiate special conditions with the Company for the following classes of work, except that the wage rate as determined by Article V of this Agreement may not be changed: 1. Modernization Work 2. General Repairs 3. Contract Service
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Local Option. 23.01 It is agreed between the Employers and the Unions that for the benefit of the entire elevator industry, it is permissible for any Local Union to negotiate special conditions with an Employer for the following classes of work, except that the wage rates as determined by Article 5 of this Agreement cannot be changed. 1. Modernization work 2. General repairs 3. Contract service 4. Construction work Special conditions include, but are not restricted to such items as shift work, working hours on repairs, contract service, modernization and construction work. 23.02 These special conditions shall be determined by a Committee consisting of two (2) representatives from the Local Union, one (1) International Representative, and three (3) representatives from the Employers and their decision shall be binding on both parties. 23.03 Agreement on special conditions shall continue as long as satisfactory to both parties, but no change shall be made more often than every six
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Local Option. It is agreed between the Employers and the Unions that for the benefit of the entire elevator industry, it is permissible for any Local Union to negotiate special conditions with an Employer for the following classes of work, except that the wage rates as determined by Article of this Agreement cannot be changed. Modernizationwork General repairs Contract service Construction work Special conditions include, but are not restricted to such items as shift work, working hours on repairs, contract service, moderniza- tion and construction work. These special conditions shall be determined by a Committee consisting of two (2) representative from the Local Union, one International Representative, and three (3) represen- tative from the Employers and their decision shall be binding on both parties. Agreement on special conditions shall continue as long as satisfactory to both parties, but no change shall be made more often than every six (6) months. (60) days notice in writing shall be given by one party to the other of a desire of such a change, and such written notice shall constitute cause for a meeting between the parties. Under the terms of Article of the Agreement, the parties agree that the following shall apply to Contract Service on Escalators. Contracts as defined in Article Contract Service, covering clean- ing, oiling, greasing, adjusting, and minor repairs, may be performed after regular hours (except Sundays and Holidays), at the rate of time and one-half. Two Helpers to one Mechanic may be used. Minor repairs are defined as all repairs necessary to main- tain the Escalator in good operating condition, except the following major repairs: Installing new tracks Installingnew handrails and vulcanizing Installing new landing plates Installing new steps Installing new drive chains and sprockets Installing new motors, gears and bearings (except thrust) Installing new upper and lower drive replacements It is understood that this arrangement shall only apply to a contract covering ten (10) or more Escalators unless approval is obtained the Union prior to signing. It is agreed that employees performing such work in overtime shall receive any applicable travelling time that may apply at the time and one-half rate, except Sundays and Holidays. Sub committee to be established wording to have director of and director of jointly agree to permit variance in collective agreement to combat non-union.
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Local Option. 23.01 It is agreed between the Employers and the Unions that for the benefit of the entire elevator industry, it is permissible for any Local Union to negotiate special conditions with an Employer for the following classes of work, except that the wage rates as determined by Article 5 of this Agreement cannot be changed. 1. Modernization work 2. General repairs 3. Contract service 4. Construction work Special conditions include but are not restricted to such items as shift work, working hours on repairs, contract service, modernization and construction work. 23.02 These special conditions shall be determined by a Committee consisting of two (2) representatives from the Local Union, one (1) International Representative, and three (3) representatives from the Employers and their decision shall be binding on both parties. 23.03 Agreement on special conditions shall continue as long as satisfactory to both parties, but no change shall be made more often than every six (6) months. Sixty (60) days' notice in writing shall be given by one party to the other of a desire of such a change, and such written notice shall constitute cause for a meeting between the parties. 23.04 Local Option Pertaining To Local 50, Toronto Under the terms of Article 23 of the Agreement, the parties agree that the following shall apply to Contract Service on Escalators. Contracts as defined in Article 9, Contract Service, covering cleaning, oiling, greasing, adjusting, and minor repairs, may be performed after regular working hours (except Sundays and Holidays), at the rate of time and one-half. Two Helpers to one Mechanic may be used. Minor repairs are defined as all repairs necessary to maintain the Escalator in good operating condition, except the following major repairs: 1. Installing new tracks 2. Installing new handrails and vulcanizing 3. Installing new landing plates
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Related to Local Option

  • Additional Options The NYS Contract Price for Additional Options offered under the Contract in accordance with Section III.2.7 Additional Options, shall be the Additional Options NYS Discount listed on the Contract Pricelist, or higher, applied to the MSRP on the current OEM Data Book or Contractor-Published Pricelist, as applicable. See Section III.1.2

  • Our Option If we give you written notice within 30 days after we receive your signed, sworn proof of loss, we may repair or replace any part of the damaged property with material or property of like kind and quality.

  • Option Right Landlord hereby grants to the originally named Tenant herein (“Original Tenant”), and its “Permitted Assignees”, as that term is defined in Section 14.8, below, one (1) option to extend the Lease Term for a period of five (5) years (the “Option Term”), which option shall be irrevocably exercised only by written notice delivered by Tenant to Landlord not more than twelve (12) months nor less than nine (9) months prior to the expiration of the initial Lease Term, provided that the following conditions (the “Option Conditions”) are satisfied: (i) as of the date of delivery of such notice, Tenant is not in default under this Lease, after the expiration of any applicable notice and cure period; (ii) Tenant has not previously been in default under this Lease, after the expiration of any applicable notice and cure period, more than twice in the twelve (12) month period prior to the date of Tenant’s attempted exercise; and (iii) the Lease then remains in full force and effect. Landlord may, at Landlord’s option, exercised in Landlord’s sole and absolute discretion, waive any of the Option Conditions in which case the option, if otherwise properly exercised by Tenant, shall remain in full force and effect. Upon the proper exercise of such option to extend, and provided that Tenant satisfies all of the Option Conditions (except those, if any, which are waived by Landlord), the Lease Term, as it applies to the Premises, shall be extended for a period of five (5) years. The rights contained in this Section 2.2 shall be personal to Original Tenant and any Permitted Assignees, and may be exercised by Original Tenant or such Permitted Assignees (and not by any other assignee, sublessee or other “Transferee,” as that term is defined in Section 14.1 of this Lease, of Tenant’s interest in this Lease).

  • Renewal Option 43.01 Provided Tenant is not then in default under any of the terms, (monetary or other nonmonetary, but material) covenants or conditions of this Lease on Tenant’s part to be observed or performed beyond Notice and applicable cure. Tenant shall have the option to renew this Lease and the Term for a renewal term of five (5) years (referred to herein as the “Renewal Term”) commencing on the day immediately succeeding the Expiration Date and ending, unless sooner terminated pursuant to the provisions of this Lease or pursuant to law, on the day preceding the fifth anniversary thereof (referred to as the “Extended Expiration Date”). If Tenant exercises such option in accordance with the provisions and limitations of this Article, this Lease and the Terms shall be renewed for such Renewal Term upon a Fixed Rent as follows; Except as otherwise provided herein, all other executory terms, covenants and condition contained in this Lease and the Expiration Date of the Lease shall be deemed extended to the Extended Expiration Date. 43.02 The option set forth herein may only be exercised by notice (“Renewal Notice”) given by Tenant to Landlord on or prior to April 30, 2018 (the “Notice Date”). TIME IS OF THE ESSENCE with respect to the exercise of such option. Tenant shall not have the right to give any such notice after the Notice Date, and any notice given after the Notice Date purporting to exercise such option shall have no force and effect. Landlord, within 30 days after Tenant’s request, shall confirm in writing to Tenant (“Landlord Confirmation”) whether Landlord has received the Renewal Notice and whether such Notice has been properly sent to Landlord (and, if not, setting forth any defects in such Notice or delivery thereof). Landlord’s failure to send the Landlord Confirmation within such 30 day period shall constitute Landlord’s acceptance thereof and waiver of any right to object thereto. If Landlord, within such 30 day period, shall notify Tenant of any defects in the Renewal Notice or delivery thereof, Tenant shall have the right to send a revised Renewal Notice at any time prior to the deadline for sending such Renewal Notice under this Section and the provisions of this paragraph shall apply fully to such revised Renewal Notice and any subsequent Renewal Notice. 43.03 Tenant, upon request of Landlord, from time to time, will execute and deliver to Landlord an instrument in form reasonably satisfactory to Landlord stating whether or not Tenant has exercised the option contained in the provisions of the Section.

  • Renewal Options a. Tenant shall have the right and option to renew the Lease (“Renewal Option”) for two (2) successive renewal periods of five (5) years each (each, an “Option Term”); provided, however, the Renewal Option is contingent upon the following: (i) there is not an Event of Default beyond all applicable cure period(s) at the time Tenant gives Landlord notice of Tenant’s intention to exercise the Renewal Option or at the expiration of the current Term; (ii) no event has occurred that upon notice or the passage of time would constitute an Event of Default, unless Landlord has given notice of default and Tenant is diligently attempting to cure such event; and (iii) Tenant is occupying the Premises. Following expiration of the final Option Term allowable hereunder, Tenant shall have no further right to renew the Lease pursuant to this Section 5. b. Tenant shall exercise the Renewal Option by giving Landlord notice at least one hundred eighty (180) days prior to the expiration of the current Term. If Tenant fails to give notice to Landlord prior to the 180-day period, then Tenant shall forfeit the Renewal Option. If Tenant exercises the Renewal Option, then during the Option Term, Landlord and Tenant’s respective rights, duties and obligations shall be governed by the terms and conditions of the Lease, except as provided otherwise in this Section. Time is of the essence in exercising the Renewal Option. c. The Base Rental for an Option Term shall be the Fair Market Rental Rate. “Fair Market Rental Rate” shall mean the market rental rate for the time period such determination is being made for office space in same class office buildings in the area of Franklin, Tennessee (the “Area”) of comparable condition for space of equivalent quality, size, utility, and location. Such determination shall take into account all relevant factors, including, without limitation, the following matters: the credit standing of Tenant; the length of the term; the fact that Landlord will experience no vacancy period and that Tenant will not suffer the costs and business interruption associated with moving its offices and negotiating a new lease; construction allowances and other tenant concessions that would be available to tenants comparable to Tenant in the Area (such as moving expense allowance, free rent periods, and lease assumptions and take over provisions, if any, but specifically excluding the value of improvements installed in the Premises at Tenant’s cost), and whether adjustments are then being made in determining the rental rates for renewals in the Area because of concessions being offered by Landlord to Tenant (or the lack thereof for the Option Term in question). For purposes of such calculation, it will only be assumed that Landlord is paying a representative of Tenant a brokerage commission in connection with the Option Term in question if Landlord is in fact paying a brokerage commission to a representative of Tenant in connection with the applicable Option Term.