Selection and Qualification Sample Clauses

The Selection and Qualification clause defines the criteria and process by which parties, vendors, or contractors are chosen and deemed eligible to participate in a project or contract. Typically, this clause outlines the necessary qualifications, experience, certifications, or financial stability required, and may describe the evaluation procedures or documentation needed for consideration. Its core function is to ensure that only capable and reliable entities are selected, thereby reducing the risk of project failure or non-compliance.
Selection and Qualification. All “A” and “B” Foremen shall be selected and assigned at the option of the Employer, and shall possess a recognized Tradesperson Certificate in the trade.
View SourceView Similar (3)
Selection and Qualification. 1. The Company shall retain professional instructors selected in accordance with the requirements of the FAA, the Company, and this Section. 2. Vacancies for instructors shall be posted to allow all pilots on the Pilots' System Seniority List to apply for the vacancy. The selection of instructors shall be at Company discretion. 3. In filling vacancies for instructors, the Company will first consider pilots on the Pilots' System Seniority List who have applied for the vacancy. 4. If the Company hires an instructor whose name does not appear on the Pilots' System Seniority List, his name shall be placed on the Pilots' System Seniority List upon successful completion of a PC on an aircraft type that the Company currently operates. The seniority date of such pilot will be the later of his date of hire or ninety (90) days prior to the completion of his PC. 5. An instructor who has fulfilled his individual contract with the Company and returns to a line flying position will return to his previous domicile. If the domicile no longer exists, he will return to a position to which his seniority entitles him.
View Source
Selection and Qualification. All "A" and "B" Foremen shall be selected and assigned at the option of the Employer, and shall possess a recognized Tradesperson Certificate in the trade. Painters Standard Industrial Agreement May 1, 2016 to April 30, 2019 4.302 Apprentices (a) Classification and Wage Rates All apprentices shall be classified in accordance with the following schedule. The minimum straight time hourly wage rate for an apprentice shall be the applicable percentage of the applicable minimum straight time hourly wage rate for a journeyperson on the project. Refer also to Schedule "A". A6 5,001 hours to 6,000 hours 80% A5 4,001 hours to 5,000 hours 75% A4 3,001 hours to 4,000 hours 70% A3 2,001 hours to 3,000 hours 65% A2 1,001 hours to 2,000 hours 55% A1 0 hours to 1,000 hours 50% 4.303 Pre-Apprentices Refer to Article 9.200 for additional provisions regarding pre-apprentices. Wage Rates The minimum straight time hourly wage rate for a pre-apprentice shall be thirty-five percent (35%) of the applicable journeyperson minimum straight time hourly wage rate on the project. Refer also to Schedule "A".
View Source

Related to Selection and Qualification

  • Formation and Qualification (a) Each Borrower is duly incorporated and in good standing under the laws of the state listed on Schedule 5.2(a) and is qualified to do business and is in good standing in the states listed on Schedule 5.2(a) which constitute all states in which qualification and good standing are necessary for such Borrower to conduct its business and own its property and where the failure to so qualify could reasonably be expected to have a Material Adverse Effect on such Borrower. Each Borrower has delivered to Agent true and complete copies of its certificate of incorporation and by-laws and will promptly notify Agent of any amendment or changes thereto. (b) The only Subsidiaries of each Borrower are listed on Schedule 5.2(b).

  • Diversification and Qualification 6.1. The Adviser will ensure that the Fund will at all times invest money from the Contracts in such a manner as to ensure that the Contracts will be treated as variable annuity contracts under the Internal Revenue Code and the regulations issued thereunder. Without limiting the scope of the foregoing, the Fund will comply with Section 817(h) of the Internal Revenue Code and Treasury Regulation 1.817-5, as amended from time to time, relating to the diversification requirements for variable annuity, endowment, or life insurance contracts and any amendments or other modifications to such Section or Regulation. In the event of a breach of this Article VI by the Fund, it will take all reasonable steps: (a) to notify the Company of such breach; and (b) to adequately diversify the Fund so as to achieve compliance within the grace period afforded by Treasury Regulation 1.817-5. 6.2. The Fund represents that it is or will be qualified as a Regulated Investment Company under Subchapter M of the Internal Revenue Code, and that it will make every effort to maintain such qualification (under Subchapter M or any successor or similar provisions) and that it will notify the Company immediately upon having a reasonable basis for believing that it has ceased to so qualify or that it might not so qualify in the future. 6.3. The Company represents that the Contracts are currently, and at the time of issuance shall be, treated as life insurance or annuity insurance contracts, under applicable provisions of the Internal Revenue Code, and that it will make every effort to maintain such treatment, and that it will notify the Fund and the Distributor immediately upon having a reasonable basis for believing the Contracts have ceased to be so treated or that they might not be so treated in the future. The Company agrees that any prospectus offering a contract that is a "modified endowment contract" as that term is defined in Section 7702A of the Internal Revenue Code (or any successor or similar provision), shall identify such contract as a modified endowment contract.

  • Due Organization and Qualification Borrower and each Subsidiary is a corporation duly existing and in good standing under the laws of its state of incorporation and qualified and licensed to do business in, and is in good standing in, any state in which the conduct of its business or its ownership of property requires that it be so qualified.

  • Organization and Qualification The Company and each of the Subsidiaries is an entity duly incorporated or otherwise organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization, with the requisite power and authority to own and use its properties and assets and to carry on its business as currently conducted. Neither the Company nor any Subsidiary is in violation nor default of any of the provisions of its respective certificate or articles of incorporation, bylaws or other organizational or charter documents. Each of the Company and the Subsidiaries is duly qualified to conduct business and is in good standing as a foreign corporation or other entity in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, except where the failure to be so qualified or in good standing, as the case may be, could not have or reasonably be expected to result in: (i) a material adverse effect on the legality, validity or enforceability of any Transaction Document, (ii) a material adverse effect on the results of operations, assets, business, prospects or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a whole, or (iii) a material adverse effect on the Company’s ability to perform in any material respect on a timely basis its obligations under any Transaction Document (any of (i), (ii) or (iii), a “Material Adverse Effect”) and no Proceeding has been instituted in any such jurisdiction revoking, limiting or curtailing or seeking to revoke, limit or curtail such power and authority or qualification.

  • Organization and Qualifications Customer and each of its Subsidiaries (i) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, (ii) has the power and authority to own its properties and assets and to transact the businesses in which it presently is engaged and (iii) is duly qualified and is authorized to do business and is in good standing in each jurisdiction where it presently is engaged in business and is required to be so qualified.