Transfer of Positions Clause Samples

Transfer of Positions. Any permanent position(s) transferred by the Employer from one location to another location within the Region shall be subject to the following process: (a) The Employer shall determine the positions to be transferred from one location to another. (b) Meeting will be held with the Union to identify the transfer(s) required and the rationale for such transfer(s). (c) The Employee(s) affected by such transfer shall have the option of transferring to the new location. (d) Should the Employee(s) so identified in paragraph (b) herein, choose not to transfer to the new location, such Employee shall exercise one of the options in Article 11.02
View SourceView Similar (6)
Transfer of Positions. CME shall transfer any open positions in CBOT Products from CME to the new DCO selected by CBOT in accordance with directions CME shall receive from CBOT for such transfer; and
View SourceView Similar (5)
Transfer of Positions. 2.1 The Transferor hereby transfers all of the positions registered on its Clearing Account NC …………… (hereinafter the “Assumed Positions”). The Assumed Positions are further specified in Annex 1 attached hereto and shall include all of the Transferor’s positions, profits and losses in relation to the Assumed Positions, but shall not include any Collateral provided by the Transferor in relation to the Assumed Positions.‌ 2.2 The Assumed Positions shall be transferred to the Transferee’s Clearing Account NC …………… (the “Target Account”) on (the “Transfer Date”). 2.3 The transfer of the Assumed Positions shall be conditional on the Transferee providing sufficient Collateral no later than the Transfer Date. 2.4 Subject to Section 2.1: a. The Transferor and the Clearinghouse agree that as (and including) of the Transfer Date, the Transferor and the Clearinghouse release each other from all obligations and liabilities in relation to the Assumed Positions registered on the Transferor’s Clearing Account. b. The Transferee and the Clearinghouse agree that as of (and including) the Transfer Date, the Transferee shall assume all obligations and liabilities in relation to the Assumed Positions as if the Transferee had been the original Counterparty to each underlying Clearing Transaction constituting the Assumed Positions. 2.5 The Parties undertake that they will do all things necessary to ensure that the Assumed Positions are properly assigned, novated and transferred in accordance with this agreement.
View SourceView Similar (2)
Transfer of Positions. Any permanent position(s) transferred by the Employer from one location to another location within the Region shall be subject to the following process: (a) The Employer shall determine and identify the employees in the positions to be transferred from one location to another. (b) The employee(s) so identified in paragraph (a) herein, shall have the option of transferring to the new location. (c) Should the employee(s) so identified in paragraph (a) herein, choose not to transfer to the new location, other employees from that location in the same classification may choose to transfer to the new location, provided they have the skill, ability and qualifications to perform the work in the new location. (d) Should the employee(s) so identified in paragraph (a) herein, choose not to transfer to the new location, such employee shall exercise one of the options in Article 26.1(e) above. (e) Any employee displaced by the application of paragraph (d) above shall be declared surplus and the provisions of Article 26.1 shall apply to such surplusemployee. (f) Thereafter, any vacant position (vacant as determined by the Employer) at the new location shall be posted in accordance with Article 8.
View SourceView Similar (2)
Transfer of Positions. The Customer shall be entitled, and ▇▇▇▇▇▇▇ Futures shall facilitate, the transfer of all or any Open Position(s) of the Customer (along with such Margins as may be deposited by the Customer for such Open Position(s)) to another Clearing Member of SMXCC in the event of ▇▇▇▇▇▇▇ Futures being declared as a Defaulter Clearing Member under the SMXCC Rules or in such circumstances as may be provided under the SMXCC Rules.
View Source
Transfer of Positions. The parties agree that for the life of this Collective Agreement, where the primary assigned Health Unit location of any full-time or regular part-time position is transferred by the Employer from Oxford to Elgin St. ▇▇▇▇▇▇ or vice versa the following process shall apply:
View Source

Related to Transfer of Positions

  • Transfer of Possession Possession of the Property shall be transferred to Purchaser at the time of Closing subject to the Permitted Encumbrances.

  • Transfer of Units (i) Except as expressly provided in this Agreement, a Member may not sell, exchange, transfer, assign, pledge, hypothecate or otherwise dispose of all or any portion of any of such Member's Units or any interest therein (a "Transfer") (except for a Transfer by Internet World to any Person or by any Member to a Permitted Transferee) without the written consent of the Board, which consent may be withheld for any reason. The Company shall not register any Transfer of a Member's Units or any interest therein, and any such Transfer or registration of Transfer shall be null and void, without the written consent of the Board. An assignee who has not been admitted as a Member shall be entitled only to allocations and distributions with respect to such interest in accordance with this Agreement, and shall have no right to any information or, to the fullest extent permitted by law, accounting of the affairs of the Company, shall not be entitled to inspect the books or records of the Company and shall not have any of the rights of a Member under the Act or this Agreement, but shall otherwise assume in writing prior to such Transfer, other than a pledge (in respect of which such compliance shall be required after sale or foreclosure), all obligations of the assignor hereunder as if such assignee were the assignor; no such assignment shall be valid unless the assumption of obligations described in this sentence has been executed. Neither a Transfer of Units nor the admission of the Transferee thereof as a Member shall discharge the transferor from any obligation hereunder. (ii) The restrictions contained in this SECTION 2.6(a) shall not apply with respect to any Transfer of Units or any part thereof by any Member (a) among its Affiliates, (b) to any lender to whom a Member's Units or any part thereof are assigned or pledged pursuant to a loan agreement, (c) to any Member's spouse or children or to a trust or the trustee or 8 68 trustees of a trust directly or indirectly for the benefit of the Member's spouse, children or a charitable organization, (d) to the Member's executors, administrator, testamentary trustee, legatees or beneficiaries upon the Member's death, or (e) by gift (all such transferees shall be collectively referred to as the "Permitted Transferees"); PROVIDED, that the Permitted Transferee shall execute a counterpart of this Agreement; and PROVIDED, FURTHER that the restrictions contained in this Agreement shall continue to apply to the Units after such Transfer by reference to the original Member; and PROVIDED, FURTHER, that the transferor shall remain liable for all of its obligations under this Agreement that survive.

  • Transfer of Agreement Without prior written consent of the WFOE, the Existing Shareholders or the Domestic Company may not assign its rights and obligations hereunder to any third party.

  • Transfer of Interests The Member may sell, assign, pledge, encumber, dispose of or otherwise transfer all or any part of the economic or other rights that comprise its Interest. The transferee shall have the right to be substituted for the Member under this Agreement for the transferor if so determined by the Member. No Member may withdraw or resign as Member except as a result of a transfer pursuant to this Section 7 in which the transferee is substituted for the Member. None of the events described in Section 18-304 of the Act shall cause the Member to cease to be a Member of the Company.

  • Transfer of Funds From such funds as may be available for the purpose in the relevant Fund Custody Account, and upon receipt of Proper Instructions specifying that the funds are required to redeem Shares of the Fund, the Custodian shall wire each amount specified in such Proper Instructions to or through such bank or broker-dealer as the Trust may designate.