TRANSFER POLICY Sample Clauses

A Transfer Policy clause outlines the rules and procedures governing the transfer of rights, obligations, or interests under an agreement from one party to another. Typically, it specifies whether transfers are permitted, if prior written consent is required, and any conditions or restrictions that apply to such transfers. For example, it may prohibit assignment of the contract without the other party’s approval or allow transfers only in the event of a merger or sale of business. The core function of this clause is to control and manage changes in contractual relationships, thereby protecting parties from unwanted or unauthorized transfers that could affect their rights or obligations.
POPULAR SAMPLE Copied 1 times
TRANSFER POLICY. Section 7 of this Agreement will not apply to Party A, who will be required to comply with, and will be bound by, the following: Without prejudice to Section 6(b)(ii) as amended in this Schedule, Party A may transfer all (but not part only) of its interests and obligations in and under this Agreement to any of its Affiliates or, with the prior written consent of Party B, such consent not to be unreasonably withheld, to any other entity (each such Affiliate or entity a "TRANSFEREE") upon providing five Business Days' prior written notice to the Note Trustee, provided that: (i) the Transferee's short-term, unsecured and unsubordinated debt obligations are then rated not less than "A-1+" by S&P, "Prime-1" by Moody's and "F1" by Fitch and its long-term, unsecured and unsubordinated debt obligations are then rated not less than "AA-" by S&P, "A1" by Moody's and "A+" by Fitch (or its equivalent by any substitute rating agency) or such Transferee's obligations under this Agreement are guaranteed by an entity whose short-term, unsecured and unsubordinated debt obligations are then rated not less than "A-1+" by S&P, "Prime-1" by Moody's and "F1" by Fitch and whose long-term, unsecured and unsubordinated debt obligations are then rated not less than "AA-" by S&P, "A1" by Moody's and "A+" by Fitch (or its equivalent by any substitute rating agency);
TRANSFER POLICY. Any employee or appointing authority who desires to initiate a transfer may inform the Director of Human Resources in writing of such desire stating the reasons therefore. The Director of Human Resources shall if he or she considers that the reasons are adequate and that the transfer will be for the good of the County service and the parties involved, inform the appointing authority or authorities concerned and the employee of the proposal and may take the initiative in accomplishing the transfer.
TRANSFER POLICY this Agreement will not apply to Party A, who will be required to comply with, and will be bound by, the following: Without prejudice to Section 6(b)(ii) as amended in this Schedule, Party A may transfer all (but not part only) of its interests and obligations in and under this Agreement to any of its Affiliates or, with the prior written consent of Party B, such consent not to be unreasonably withheld, to any other entity (each such Affiliate or entity a "TRANSFEREE") upon providing five Business Days' prior written notice to the Note Trustee, provided that:
TRANSFER POLICY. Section 7 of this Agreement will not apply to Party A, who will be required to comply with, and will be bound by, the following: Without prejudice to Section 6(b)(ii) as amended in this Schedule, Party A may transfer all (but not part only) of its interests and obligations in and under this Agreement to any of its Affiliates or, with the prior written consent of Party B, such consent not to be unreasonably withheld, to any other entity, (each such Affiliate or entity a "Transferee") upon providing five Business Days' prior written notice to the Note Trustee, provided that: (i) the Transferee's short-term unsecured and unsubordinated debt obligations are then rated not less than "F-1" by Fitch and "A-1+" by S&P its long-term unsecured and unsubordinated debt obligations are then rated not less than "A1" by Moody's (or its equivalent by any substitute rating agen▇▇) ▇▇ such Transferee's obligations under this Agreement are guaranteed by an entity whose short-term, unsecured and unsubordinated debt obligations are then rated not less than "F-1" by Fitch and "A-1+" by S&P and whose long-term, unsecured and unsubordinated debt obligations are then rated not less than "A1" by Moody's (or its equivalent by any substitute rating agency); (▇▇) if the Transferee is domiciled in a different legal jurisdiction from both Party A and Party B, the Ratings Agencies have confirmed in writing that the then current rating of the Series o Class o Third Issuer Notes will not be adversely affected; (iii) the Transferee will not, as a result of such transfer, be required on the next succeeding Scheduled Payment Date to withhold or deduct on account of any Tax (except in respect of default interest) amounts in excess of that which Party A would, on the next succeeding Scheduled Payment Date have been required to so withhold or deduct unless the Transferee would be required to make additional payments pursuant to Section 2(d)(i)(4) corresponding to such excess; (iv) a Termination Event or Event of Default does not occur as a result of such transfer; (v) no additional amount will be payable by Party B to Party A or the Transferee on the next succeeding Scheduled Payment Date as a result of such transfer; and (vi) the Transferee confirms in writing that it will accept all of the interests and obligations in and under this Agreement which are to be transferred to it in accordance with the terms of this provision. With respect to paragraph (iii) above, each party agrees to make such P...
TRANSFER POLICY. Employees will not be transferred against their will. Transfers will be by mutual agreement.
TRANSFER POLICY. Any employee or appointing authority who desires to initiate a transfer may inform the Human Resources Director in writing of such desire stating the reasons therefore. The Human Resources Director shall, if he or she considers that the reasons are adequate and that the transfer will be for the good of the County service and the parties involved, inform the appointing authority or authorities concerned and the employee of the proposal and may take the initiative in accomplishing the transfer. The County will update the Departmental Contact List within ninety (90) days of approval by the Board of Supervisors of the 2005-2008 Memoranda of Understanding and annually thereafter. The County will place Bid Notice summaries on E-Mail and/or the County’s website so that employees may inquire about promotional/transfer opportunities. Each department will continue to provide copies of all Bid Notices within their department to the union. It is the responsibility of employees to contact County departments and inform them of their desire to transfer. County departments may, but are not required to maintain an ongoing list of employees interested in transferring when a position becomes available. Employees who transfer from one department to another shall serve a three (3) month probationary period. Provisions of this section do not apply to transfers from eligible lists.
TRANSFER POLICY. If there is not a volunteer to change classes with the teacher who has been assigned a full inclusion student, the teacher may request a transfer to another site under the following conditions: The district shall not deny to any unit member assigned to a full inclusion class the right to transfer to a vacant position for which the unit member has an appropriate credential using the following criteria: a. When notified that the unit member is being assigned a full inclusion student, the unit member may request from the Certificated Personnel Office a list of any openings that presently are available for transfer. If there is an opening, the unit member, working through the Certificated Personnel Office, will be transferred to the opening. If two teachers are requesting a full inclusion transfer for a single open position, the one with the most seniority will get the transfer. b. The full inclusion transfer is for only the remainder of that school year.
TRANSFER POLICY this Agreement (except Section 7(b)) will not apply to Party A, who will be required to comply with, and will be bound by, the following: Without prejudice to Section 6(b)(ii) as amended in this Schedule, Party A may transfer all (but not part only) of its interests and obligations in and under this Agreement to any of its Affiliates or, with the prior written consent of Party B, such consent not to be unreasonably withheld, to any other entity (each such Affiliate or entity a "TRANSFEREE") upon providing five Business Days' prior written notice to the Note Trustee, provided that:
TRANSFER POLICY. 11.3.1 Transfer of teachers within the District shall be the responsibility of the Superintendent/designee in accordance with the provisions of this Agreement.
TRANSFER POLICY. 1. Transfer at the request of the faculty member. Faculty members have the right to transfer from one College to another whenever a position in their field, as defined in Section F.2.c. above, is available at another College. The transfer will be subject to the approval of the College President of the receiving College and a majority of the eligible members of the receiving department. If approval is denied, the reasons therefore shall be stated in writing to the faculty member, provided, however, that such faculty member’s seniority status shall not be cited as a reason for denying his transfer. However, such transfers shall not be allowed if the effect of the transfer would be to reduce the number of tenured members of the department to less than one-third (1/3) of the department’s faculty members. If two or more faculty members apply for the same position, the most senior shall have preference. A faculty member transferring to another College shall retain all accumulated seniority for all purposes at his new College. Upon approval by the Board, the transfer shall become effective as of the beginning of the next semester or term following such approval. The Chancellor shall prepare a list each semester of open and unfilled full-time positions at each College of the Colleges; this list shall be posted one month prior to the end of the semester at each College. The list shall indicate the positions vacant as of that date. In addition, unforeseen vacancies shall be reported to each College as soon as the information becomes available. 2. Transfer at the request of the administration. A faculty member being permanently transferred from one College of the Colleges to another College at the request of the Administration shall retain Colleges-wide seniority for all purposes at the new College; and faculty members shall have the right to choose the College to which they are being transferred. The receiving department shall be notified at least ten (10) days before the Chancellor’s recommendation before such transfer is presented to the Board.