Right of Reinstatement Sample Clauses

Right of Reinstatement a. A leave protects the unit member by holding a place for such member in the District until the leave expires, usually with the right to return to the District in a position of the same status and rank at the conclusion of the leave, providing the position would have otherwise remained and providing that there are no extenuating circumstances which make a return to the same rank and status impractical. There is, however, no assurance that the return assignment will be in the work site where such member was assigned when the leave was authorized. b. A condition of each leave of absence is that any required license or certificate held at the time the leave was granted, properly authorizing the service, must be maintained in full force by the unit member.

Right of Reinstatement. In the event Zosano terminates this Agreement pursuant to Section 9.2 and subsequently wishes to restart Development activities of a Daily Product, then it shall offer Lilly the right to reinstate the terms of this Agreement by providing written notice to Lilly (the “Reinstatement Offer”). If Lilly accepts the Reinstatement Offer by providing written notice of acceptance to Zosano within thirty (30) days after Lilly’s receipt of the Reinstatement Offer, then the terms of this Agreement shall be reinstated automatically. If Lilly does not accept the Reinstatement Offer but instead proposes to Zosano in writing within thirty (30) days after Lilly’s receipt of the Reinstatement Offer new financial terms for the Daily Product, and Zosano accepts such new financial terms, then this Agreement will be reinstated with such new financial terms. If Zosano does not accept Lilly’s proposed new financial terms, then Zosano shall not enter into an agreement to Develop, Manufacture and Commercialize a Daily Product with any Third Party prior to August 19, 2019. If Lilly refuses the Reinstatement Offer or fails to propose to Zosano in writing within thirty (30) days after Lilly’s receipt of the Reinstatement Offer new financial terms for the Daily Product, then this Agreement shall remain terminated, Lilly shall have no further rights of reinstatement hereunder and Zosano shall not Commercialize a Daily Product prior to August 19, 2019.

Right of Reinstatement. If, following a termination of this Agreement in accordance with Section 14.2, at any time during the three (3)-year period following such termination, Owner or any of its Affiliates intends to repair, rebuild or replace the Hotel or any other hotel (including a condo-hotel) on the Real Property, Owner shall promptly give notice to Operator in writing of such intention or commencement, and, at Operator’s election (exercisable by written notice given to Owner within sixty (60) days of receipt by Operator of the written notice given by Owner or, if no such notice is given by Owner, Operator’s actual knowledge of such commencement), this Agreement and any other agreements between the parties or their Affiliates with respect to the Hotel shall be reinstated (with only such amendments as are required due to changes in the type, scope, size or design of the Hotel); provided, however, that if Operator was paid a Casualty/Condemnation Termination Fee for the termination of this Agreement, such reinstatement shall not be effective unless and until Operator delivers to Owner, concurrently with its written notice to Owner as provided above, an amount equal to such Casualty/Condemnation Termination Fee. The provisions of this Section 14.3 shall survive any termination of this Agreement under Section 14.2.

Right of Reinstatement. An employee who does not exercise his/her option to bump shall only be entitled to reinstatement into the classification from which he/she was displaced. The failure to exercise bumping rights may jeopardize approval of any benefits available through the Ohio Bureau of Employment Services.

Right of Reinstatement. If the Option Event is the recordation of a notice of default, then the City shall be deemed to be Owner’s successor in interest under California Civil Code Section 2924c (or successor section) solely for purposes of reinstatement of any mortgage on the Property that has led to the recordation of the notice of default. As Owner’s deemed successor in interest, the City shall be entitled to pay all amounts of principal, interest, taxes, assessments, homeowners’ association fees, insurance premiums, advances, costs, attorneys’ fees and expenses required to cure the default. If the City exercises the Option, then any and all amounts paid by the City pursuant to this section shall be treated as Adjustments to the Base Resale Price for the Property, as described in Section 6.2 below.