Right to Bump Sample Clauses
The "Right to Bump" clause grants a party, typically an existing tenant or contract holder, the ability to match or exceed an offer made by a third party for the same asset or opportunity. In practice, if a landlord receives a higher offer for a leased property, the current tenant with a right to bump can choose to match the terms of the new offer to retain their position. This clause serves to protect the interests of the original party by giving them a preferential opportunity to maintain their rights or assets, thereby reducing the risk of losing valuable opportunities to outside bidders.
Right to Bump. An employee vulnerable to layoff shall have the right to bump to any classification, or in the case of recall, return to their previous classification. In order to bump into another classification the employee must possess the proper skill and ability.
Right to Bump. An employee laid off from one department shall have the right to bump or replace any employee in another department, if the employee exercising the bumping rights has more seniority and is equally or higher graded, and has the minimum necessary qualifications to perform the work in the department to which assignment is requested.
Right to Bump. An employee being laid off shall have the right to bump the least senior employee in positions in the bargaining unit at the same salary grade or below provided the employee has the required qualifications, skills and abilities. The purpose of this article is to protect the greatest per cent of the employee's income.
Right to Bump. In the event of a layoff, the part-time and full-time employees who are subject to layoff have the right to accept the layoff or to bump an employee with less seniority who occupies the same or lower category provided the employee subject to layoff can perform the requirements of the position and has the required qualifications, skill, experience, and ability to immediately satisfactorily perform all of the requirements of the new position. The employee subject to layoff must advise the Employer in writing within seven (7) days of receipt of the notice of layoff of his/her intentions regarding the exercise of his/her bumping right, failing which, the employee shall be deemed to have waived his/her right to bump.
Right to Bump. A bargaining unit member who is notified that he/she is to have his/her contract suspended will have the right to bump the least senior member whose position he/she is certified/licensed to fill (teacher to teacher/tutor to tutor), in accordance with 13.02B and 13.02C.
Right to Bump. An employee subject to layoff shall have the right to bump a less senior employee from an equivalent or other classification for which he/she possesses the minimum qualifications and ability to do the job.
Right to Bump. An employee laid-off shall have the right to bump another City employee having less continuous service than the laid-off employee. Such laid off employee will have the right to bump any less senior employee in the bargaining unit providing he is qualified to perform the duties of the position he requests.
Right to Bump. An employee who is subject to a layoff shall have the right to bump an employee with less seniority within the bargaining unit provided the employee has the necessary qualifications and experience to perform the work of the less senior employee. Recall Procedure: Recall shall be made on the basis of seniority, provided those employees recalled have the necessary qualifications and experience and are willing to perform the available work. Ail employees who are on layoff will be given job opportunity before any new employee is hired into the bargaining unit. If a full-time employee bumps a part-time employee or vice-versa under Article shall be entitled to recall to original position if such position becomes available for up to a period of one year from the date upon which elected bumping option.
Right to Bump. The food service employee shall have the right to bump (displace) workers with the same number of hours in their contract who have less seniority.
Right to Bump. 11.4.1 In the event that an employee has been laid off or his job is abolished he shall, provided he is qualified, exercise his right to bump using the following order of bumping:
a) Upon receipt of notice the employee shall, within five (5) working days, notify the CAO in writing, of his intention to bump.
b) He shall bump the most junior employee in his own classification.
c) He shall bump the most junior employee in his own classification.
d) He shall bump downward the most junior employee in a classification for which he is qualified.
e) If he is successful in bumping downward he shall be placed on the re-employment list in the classification he has been laid off or abolished from for a period of up to two (2) years. If a position comes open he shall be appointed from the re-employment list in order of seniority.