Top Seniority Sample Clauses

The Top Seniority clause establishes a priority ranking among creditors or stakeholders, ensuring that certain parties are paid or satisfied before others in the event of a distribution, such as during liquidation or repayment of debt. In practice, this clause specifies which claims or interests are considered senior and thus must be addressed first, often applying to lenders or investors who have provided critical funding. Its core function is to allocate risk and provide clarity by defining the order of payment, thereby protecting the interests of those with top seniority status.
Top Seniority. The President, Vice-President, Treasurer, Secretary and Grievance Committee of the Association shall have top Bargaining Unit seniority for layoff and recall purposes only, provided they have the ability to satisfactorily perform the work of the position. Association Representatives shall have top seniority in the jurisdictional districts they represent, provided they have the ability to satisfactorily perform the work of the position. Upon the expiration of their Association terms of office, the above Association officials shall revert to a position on the seniority list on the basis of their Bargaining Unit seniority.
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Top Seniority. 1. Employees who hold primary positions with the Union shall be considered to have the highest bargaining unit seniority within their classification for purposes of layoff; however, not more than fourteen (14) Employees, as follows shall be eligible for top seniority. Eligible Employees are: President (1) First Vice President (1) Second Vice President (1) Recording Secretary (1) Financial Secretary (1) Chief ▇▇▇▇▇▇▇ (4) Trustees (3) Guide (1) Sergeant of Arms (1) 2. Employees who hold the position of ▇▇▇▇▇▇▇ within the Union shall be considered to have the highest bargaining unit seniority within their classification within the Chief ▇▇▇▇▇▇▇'▇ zone in which their ▇▇▇▇▇▇▇'▇ district is located for purposes of layoff. 3. The Union shall provide the Employer with the current names and offices of those Employees covered by this provision and inform the Employer promptly of any changes.
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Top Seniority. The Unit Chairperson, Unit Vice Chairperson, and Unit Recording Secretary shall have top seniority for purposes of layoff and recall only, provided they can perform the work available.
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Top Seniority. Members of the Bargaining Committee, while actively engaged in contract negotiations, shall have top seniority unit-wide for layoff and recall purposes only, provided they have the ability to perform satisfactorily the work available. Union Stewards and District Representatives shall have top seniority in the jurisdictional districts they represent, provided they have the ability to perform satisfactorily the work available. The Union President and Vice- President shall have top seniority unit-wide, provided they have the ability to perform satisfactorily the work available. Upon the expiration of their union terms of office, the above union officials shall revert to a position on the seniority list on the basis of their bargaining unit seniority.
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Top Seniority. Ten (10) Officers and thirty (30) Stewards of the Union shall have top seniority in the event of a layoff and recall. The Union shall notify the City in writing, at least semi-annually, of the names and employment location of each employee covered by this Article.
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Top Seniority. The President of the Local Union, Vice President, and the Chief ▇▇▇▇▇▇▇ shall enjoy top seniority, for layoff purposes only, as long as there is work within the bargaining unit that they are qualified to perform and make standard.
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Top Seniority. ‌ Officers and Stewards of the Association shall have top seniority in the event of a layoff, vacation and all conditions of employment.
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Top Seniority. For purpose of layoff and recall only, the Local Union President, Vice President, the Chief ▇▇▇▇▇▇▇ and all Stewards (excluding alternate Stewards) who are involved in the Grievance Procedure shall hold top seniority within their classification and department during their term of office.
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Related to Top Seniority

  • Super Seniority For purposes of layoff and recall only, the President shall head the seniority list, provided however, that such officer must have the necessary skill and experience to perform the required work. The Sheriff agrees that this section shall not be applied in an arbitrary manner.

  • SENIORITY 7.1 The purpose of seniority is to provide a policy governing layoffs and recalls. 7.2 In the event of a layoff, the Company shall consider: (a) the equipment for the work that has to be performed; (b) the seniority of the union member; (c) in the event the qualifications of the Owner-Operator’s equipment are relatively equal, then the Owner-Operators’ seniority shall be the determining factor. 7.3 The Union will provide a bulletin board for each terminal in which the seniority list will be posted. The Company will provide the seniority list electronically to the Union office which will be updated and posted on a quarterly basis. 7.4 Owner-Operators shall be considered probationary until they have completed ninety (90) work days of contract, at which time they shall be placed on the seniority list, in accordance with dates. 7.5 Probationary Owner-Operators will work under the provisions of this Agreement during their probationary period, and they may be discharged or disciplined without recourse to the grievance procedure. Upon completion of the Owner-Operator’s probationary period all conditions of the Agreement will then apply, including the health and welfare provisions as provided in the Company’s policy documents. 7.6 Contract may be terminated for any of the following reasons; subject to the principals of progressive discipline and the reasonable application thereof: (a) if an Owner-Operator voluntarily quits: (b) if an Owner-Operator is discharged and not reinstated pursuant to the grievance procedure as provided for in the Agreement; (c) if an Owner-Operator has been laid off and has refused to return to work within twenty-four (24) hours after being contacted personally by the Company. When the Owner-Operator cannot be contacted personally, or is employed elsewhere, then the Company will notify him by registered mail, to his last known address, to return to work. He will then be given a maximum of seven (7) consecutive days from the date of notification to report for duty; (d) if an Owner-Operator is absent from work without securing a leave of absence for more than three (3) consecutive working days; (e) if an Owner-Operator refuses a work or job assignment and that assignment has not violated this Collective Agreement or any provincial or federal regulations or other rules attached to this Agreement. (f) If an Owner Operator or his driver commits any act, or fails to act, in circumstances that is a violation of the law, being unsafe for persons or property or being offensive to the Company’s customers, employees or other owner operators. (g) If the Owner Operator’s accident record is unacceptable to the Company. Such determination and evaluation shall be carried out in a reasonable manner by the Company. (h) If the Owner Operator or his driver fails to comply with any of the instructions, policies or procedures of the Company as may be issued from time to time in bulletins, memoranda, notices, manuals or other forms of announcement or directives which shall be reasonable and will have been properly communicated and enforced by the Company. (i) If an Owner Operator is discovered to have pulled any load other than one dispatched by Highland Operations, without prior written approval by Highland senior management, he/she is subject to immediate contract termination. A grievance may be processed; however an arbitrator will be limited to determining if the infraction occurred and if so, no substitution of penalty will be permitted.

  • Classification Seniority Classification Seniority" is defined as the length of service in a specific job classification within the bargaining unit, beginning with the date an employee starts to serve a probationary appointment. Classification Seniority shall be interrupted only by separation because of resignation, discharge for just cause, failure to return upon expiration of a leave of absence, failure to respond to a recall from layoff, or retirement.

  • Bargaining Unit Seniority The length of continuous service in a position or succession of positions within Bargaining Unit Two (2), beginning with the last date of hire or transfer into the Bargaining Unit, as defined by seniority credits.

  • Loss of Seniority An employee shall lose all seniority and shall be deemed terminated if: