Subsequent Vacancy Sample Clauses
The "Subsequent Vacancy" clause defines how a property or position is handled when it becomes vacant after the initial occupancy or appointment. Typically, this clause outlines the procedures for filling the vacancy, such as whether the landlord can re-let the premises to a new tenant or how a board seat is to be filled if vacated mid-term. Its core practical function is to ensure a clear and orderly process for addressing vacancies that arise after the original occupant departs, thereby minimizing disruption and uncertainty.
Subsequent Vacancy. A subsequent vacancy is a vacancy which results from the transfer of an employee who exercises his/her transfer rights in accordance with Section C. of this Article.
Subsequent Vacancy. If a reassignment is approved, the resulting vacancy may either follow this process or be posted as a formal opening.