Suitable Replacement Sample Clauses

Suitable Replacement. An Employee’s participation in a Learning Leave is conditional upon the College finding a suitable replacement, where applicable, for the Employee.
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Suitable Replacement. As of their first contract day for the current school year, a Professional Employee will not be released from their contract unless and until the District has secured a suitable replacement for the Professional Employee. If a Professional Employee submits a written resignation notice during the school year pursuant to this provision, their resignation will be irrevocable and may be accepted at any time by the Board after a suitable replacement is secured. In the event that the District is able to secure a suitable replacement for a Professional Employee before the Professional Employee’s last contract day, then the Professional Employee will be released from their contract as of the end of the contract day before the suitable replacement’s first contract day.
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Suitable Replacement. A Faculty Member’s participation in a Learning Leave is conditional upon the College finding a suitable replacement, where applicable, for the Faculty Member.
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Suitable Replacement. The Professional Employee must provide notice of resignation and allow the District 28 calendar days, counted from the day after the resignation notice is tendered, to find a suitable replacement for their position. i. If the District is able to secure a suitable replacement within the 28-day time period, then the Professional Employee’s last day of employment would be the last contract day before the start date of their replacement. ii. If the District is unable to secure a suitable replacement by the expiration of the 28-day time period, then the Professional Employee’s last date of work would be on the last contract day within the 28-day time period and the Professional Employee may resign and leave their position without payment of liquidated damages.
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Related to Suitable Replacement

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  • Benchmark Replacement Notwithstanding anything to the contrary herein or in any other Loan Document, if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior any setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined in accordance with clause (a) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document and (y) if a Benchmark Replacement is determined in accordance with clause (b) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided to the affected Lenders without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document so long as the Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders. If the Benchmark Replacement is Daily Simple SOFR, all interest payments will be payable on a monthly basis.