Market Transitions Clause Samples

The Market Transitions clause defines how contractual terms or obligations may be adjusted in response to significant changes in the relevant market environment. This clause typically applies when there are shifts such as regulatory changes, new industry standards, or major technological advancements that impact the feasibility or value of the agreement. Its core function is to provide a structured process for renegotiation or adaptation, ensuring that both parties can respond fairly to unforeseen market developments and maintain the contract’s relevance and balance.
Market Transitions. Effective the first pay period following ratification of settlement of the 2014 contract negotiations, the wage range will be adjusted as described in Section 1(a) above. In addition, all RNs will receive an increase of 0.5% in their actual base time rate of pay effective the first pay period after July 1, 2014, an increase of 1% in their actual base time rate of pay effective the first pay period after July 1, 2015, and an increase of 2% in their actual base time rate of pay effective the first pay period after July 1, 2016.
View SourceView Similar (2)
Market Transitions. Effective the first pay period following November 1, 2019, the wage scale described in Section 1(a) above will be implemented. In addition, if ▇▇▇▇ increases the wage scale for nurses employed in Nampa and Boise, the wage scale described in Section 1(a) above will be increased by the same percentage on the same date.
View SourceView Similar (2)
Market Transitions. Effective the first pay period following 1, 2017 or 14 ratification of settlement of the 2017 contract negotiations, the wage scale contained in 15 Section 1(a) above will be implemented. In addition, if ▇▇▇▇ increases the wage scale 16 for nurses employed in Nampa and Boise, the wage scale contained in Section 1(a) 17 above will be increased by the same percentage on the same date.
View Source
Market Transitions. Effective the first pay period following ratification of 22 settlement of the 20141 contract negotiations, the wage range will be adjusted as 23 described in Section 1(a)Item 2(A) above. In addition, all RNs will receive an increase 24 of 0.5% in their actual base time rate of pay effective the first pay period after July 1, 25 2014,1 an increase of 1.5% in their actual base time rate of pay effective the first pay 26 periods after July 1, 20152, and an increase of 2% in their actual base time rate of pay 27 effective the first pay period after July 1, 20163. 1 All RNs will also be eligible for adjustments effective the first pay period 2 after October 1 each calendar year under the terms of Section 2subsection b. above 3 (Eligibility for Wage Adjustments Based Upon Results of Performance Evaluation).
View Source

Related to Market Transitions

  • Open Market Transactions We agree to abide by Regulation M under the Exchange Act and we agree not to bid for, purchase, attempt to purchase, or sell, directly or indirectly, any Securities, any other Reference Securities (as defined in Regulation M) of the issuer, or any other securities of such issuer as you may designate, except as brokers pursuant to unsolicited orders and as otherwise provided in this Agreement. If the Securities are common stock or securities convertible into common stock, we agree not to effect, or attempt to induce others to effect, directly or indirectly, any transactions in or relating to any stock of such issuer, except to the extent permitted by Rule 101 of Regulation M under the Exchange Act.

  • Secondary Market Transactions Each Purchaser shall have the right at any time and from time to time to securitize its Subordinated Notes or any portion thereof in a single asset securitization or a pooled loan securitization of rated single or multi-class securities secured by or evidencing ownership interests in the Subordinated Notes (each such securitization is referred to herein as a “Secondary Market Transaction”). In connection with any such Secondary Market Transaction, Company shall, at Company’s expense, cooperate with Purchasers and otherwise reasonably assist Purchasers in satisfying the market standards to which Purchasers customarily adhere or which may be reasonably required in the marketplace or by applicable rating agencies in connection with any such Secondary Market Transaction. Subject to any written confidentiality obligation, all information regarding Company may be furnished, without liability except in the case of gross negligence or willful misconduct, to any Purchaser and to any Person reasonably deemed necessary by Purchaser in connection with participation in such Secondary Market Transaction. All documents, financial statements, appraisals and other data relevant to Company or the Subordinated Notes may be retained by any such Person.

  • Market Timing Dealer represents that it has and will maintain policies and procedures to detect and prevent any market timing transaction that contravenes the restrictions or prohibitions on market timing, if any, as found in the then current Funds’ prospectus and/or statement of additional information. Dealer acknowledges that it is responsible for the sales activities of its licensed representatives including, among other things, improper trading activity in violation of the terms and conditions of the Fund’s then current prospectus.

  • Marketing Plans Contractor and the Exchange recognize that Enrollees and other health care consumers benefit from efforts relating to outreach activities designed to increase heath awareness and encourage enrollment. The parties shall share marketing plans on an annual basis and with respect to periodic updates of material changes. The marketing plans of each of the Exchange and Contractor shall include proposed marketing approaches and channels and shall provide samples of any planned marketing materials and related collateral as well as planned, and when completed, expenses for the marketing budget. The Contractor shall include this information for both the Exchange and the outside individual market. The Exchange shall treat all marketing information provided under this Section as confidential information and the obligation of the Exchange to maintain confidentiality of this information shall survive termination or expiration of this Agreement.

  • Secondary Market Trading In the event the Public Securities are not listed on the Nasdaq Capital Market or another national securities exchange, the Company will (i) apply to be included in Mergent, Inc. Manual for a period of five (5) years from the consummation of a Business Combination, (ii) take such commercially reasonable steps as may be necessary to obtain a secondary market trading exemption for the Company’s securities in such jurisdictions and (iii) take such other action as may be reasonably requested by the Representative to obtain a secondary market trading exemption in such other states as may be requested by the Representative; provided that no qualification shall be required in any jurisdiction where, as a result thereof, the Company would be subject to service of general process or to taxation as a foreign entity doing business in such jurisdiction.