AMENDMENT DURING TERM Sample Clauses

AMENDMENT DURING TERM. If, during the term of this Collective Agreement, the Parties hereto shall mutually agree on a change, amendment or alteration of any of the provisions of this Collective Agreement, or if the Parties shall mutually agree on any additional conditions of employment, then the same may be added to this Collective Agreement in the form of a supplement hereto, and shall henceforth become part of this Collective Agreement. ADDENDUM TO THE‌ April 4, 2015 to April 4, 2019 (2015-2019) COLLECTIVE AGREEMENT BETWEEN: THE UNIVERSITY OF MANITOBA (UM) - and - THE ASSOCIATION OF EMPLOYEES SUPPORTING EDUCATION SERVICES (AESES) RE: WAGES
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AMENDMENT DURING TERM. If, during the term of this Collective Agreement, the Parties hereto shall mutually agree on a change, amendment or alteration of any of the provisions of this Collective Agreement, or if the Parties shall mutually agree on any additional conditions of employment, then the same may be added to this Collective Agreement in the form of a supplement hereto, and shall henceforth become part of this Collective Agreement. ADDENDUM TO THE SEPTEMBER 22, 2007 - April 8, 2011‌ (2007-2011) COLLECTIVE AGREEMENT BETWEEN: THE UNIVERSITY OF MANITOBA (UM) - and - THE ASSOCIATION OF EMPLOYEES SUPPORTING EDUCATION SERVICES (AESES) 1. RETROACTIVITY In lieu of any other retroactive effect of the 2007-2011 Collective Agreement, not otherwise provided for, the Employer shall grant settlement pay to each employee who was in the employ of the Employer (either actively working or on paid leave) as of April 15, 2008. Additionally, the Employer shall grant settlement pay to retirees retired on or after September 22, 2007 in the form of a lump sum payment equivalent to the value of all applicable salary adjustments to the date of retirement from September 22, 2007. Said settlement pay shall be calculated on the basis of the difference in the salaries in Schedule A for the period ending September 21, 2007 and the salaries in Schedule A in effect for the period beginning September 22, 2007. The Employer shall forward all settlement pay owing to either the last authorized payroll deposit account of each employee or the last known mailing address of each employee. All unclaimed settlement pay shall be held in abeyance for a period of sixty (60) calendar days from the initial date the payment was forwarded to each employee, during which period the employee may claim payment from the Payroll Office either in writing or upon proof of personal identity.
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AMENDMENT DURING TERM. This Agreement shall be subject to amendment at any time by mutual consent of the parties hereto, but there shall be no obligation to bargain over any proposed amendment during the existence of this agreement or extension thereof.
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Related to AMENDMENT DURING TERM

  • Maturity Date Extension The Borrower shall be entitled to extend the Maturity Date for up to two (2) six-month extensions; provided that (i) no Default then exists, (ii) the Borrower gives the Administrative Agent, at least ninety (90) days but no more than one hundred twenty (120) days prior to the initial Maturity Date or the First Extension Maturity Date, as the case may be, written notice of such extension, (iii) on or prior to the initial Maturity Date or the First Extension Maturity Date, as the case may be, the Borrower pays to the Administrative Agent for the ratable benefit of the Banks an extension fee equal to 0.075% of the Total Commitments that will exist as of the first day of the first or second six-month extension, as the case may be (the “Extension Fee”), and (iv) the Administrative Agent shall have received on or prior to the initial Maturity Date or the First Extension Maturity Date, as the case may be, for the account of each Bank a certificate signed by a Responsible Officer of the Parent, dated as of the initial Maturity Date or the First Extension Maturity Date, as the case may be (the “Extension Date”), stating that: (a) the representations and warranties contained in Article IV are true and correct on and as of the applicable Extension Date as such representations and warranties may have changed based upon events or activities not prohibited by this Agreement, (b) no Default or Event of Default has occurred and is continuing or would result from such extension, and (c) the Borrower, Parent and each Material Subsidiary is in compliance with the covenants contained in Article VII immediately before and, on a pro forma basis, immediately after the extension, together with a Compliance Certificate or other reasonable supporting information demonstrating such compliance. The Borrower’s delivery of written notice to extend shall be irrevocable, and the Administrative Agent shall promptly notify each Bank of any such notice. In connection with any such extension, the parties hereto shall execute any documents reasonably requested in connection with or to evidence such extension. ARTICLE II

  • Allocations During the Revolving Period During the Revolving Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, allocate to the Investor Certificateholders or the Holder of the Seller Interest and pay or deposit from the Collection Account the following amounts as set forth below:

  • Effective Date; Duration; Continuance (a) This Agreement shall become effective on October 1, 2022.

  • Forbearance Period Subject to all the terms and conditions set forth herein, Bank shall forbear from filing any legal action or instituting or enforcing any rights and remedies it may have against Borrower from the Forbearance Effective Date (as defined in Section 9) until the date (the “Forbearance Termination Date”) which is the earliest to occur of (a) December 15, 2014, (b) the failure after the date hereof of Borrower to comply with any of the terms or undertakings of this Agreement, (c) the occurrence after the date hereof of any Event of Default (other than the Existing Default and the Anticipated Defaults) or (d) the date that Borrower joins in, assists, cooperates, or participates as an adverse party or adverse witness in any suit or other proceeding against Bank relating to the Obligations in connection with or related to any of the transactions contemplated by any of the other Loan Documents. Except as expressly provided herein, this Agreement does not constitute a waiver or release by Bank of any Obligations or of any existing Event of Default or Event of Default which may arise in the future after the date of execution of this Agreement. If Borrower does not comply with the terms of this Agreement, Bank shall have no further obligations under this Agreement and shall be permitted to exercise at such time any rights and remedies against Borrower as it deems appropriate in its sole and absolute discretion. Borrower understands that Bank has made no commitment and is under no obligation whatsoever to grant any additional extensions of time at the end of the Forbearance Period. The time period between the Forbearance Effective Date and the Forbearance Termination Date is referred to herein as the “Forbearance Period.”

  • Covered Termination During a Change in Control Period If Executive experiences a Covered Termination during a Change in Control Period, and if Executive delivers to the Company a Release of Claims that becomes effective and irrevocable within sixty (60) days, or such shorter period of time specified by the Company, following such Covered Termination, then in addition to any accrued but unpaid salary, bonus, vacation and expense reimbursement payable in accordance with applicable law, the Company shall provide Executive with the following:

  • Death During Benefit Period If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

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