Transfers and loans Sample Clauses

Transfers and loans. Benefits due to you under the fund may not be transferred or pledged to someone else as payment or as security. The fund does not grant loans to members.
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Transfers and loans. 1. An employee who has the qualifications to perform the job classification on which a vacancy exists may be transferred to that job classification for a period not exceeding 28 calendar days commencing with the first day of uninterrupted assignment in such seniority section without losing seniority standing in his former section. If at any time before the expiration of the 28 calendar day period such transfer proves unsatisfactory to either the employee transferred or the Company, the employee may return or be returned to his former section without loss of seniority, provided the return is made within the 28 calendar day period. Failing to return to his former seniority section within the 28 calendar day period, the employee’s seniority standing in the new seniority section shall be established from the date of transfer and his seniority in his former section shall be lost.
Transfers and loans. Department Chairs and Xxxxx will make an effort to transfer or loan faculty who are identified for retrenchment into areas of academic need when the faculty member’s qualifications permit. However, the faculty member is responsible for seeking out and applying to the position(s). If the faculty member is successful, the rank and years of service already rendered in the original home department will be counted toward the acquisition of tenure. Transfers between academic departments fall into two (2) distinct categories, permanent transfers and loans. A permanent transfer is a permanent change of department home to the receiving department and to the faculty member. The years of service already rendered in the original home department will be counted toward the acquisition of tenure in the receiving department except that the receiving department shall always be granted no less than two (2) full years of actual service in that department before tenure may be acquired therein. In a permanent transfer, the former home department relinquishes all obligations to the faculty member at the time of transfer. For a faculty member holding appointments in two (2) or more departments, the department in which he or she holds the largest proportional share of full-time appointment is the home department. A loan is a split assignment between two (2) or more departments for temporary service, but with the home department retaining the responsibility for continued employment of the individual since the loan arrangement is temporary. A department that receives a loaned faculty member has no obligation toward that faculty member beyond the one (1)-year commitment in terms of the period of time it will continue the loan. The receiving department may change a loan to a permanent transfer at the conclusion of the year if the faculty member and the home department agree, and if it has an appropriate position available, in which case the receiving department assumes the obligation for the faculty member’s future as described above. A home department is obligated to take back a loaned faculty member before hiring a new faculty member or part-time faculty in the area of their competency. Loans and transfers shall be confirmed in writing by the President of the University. A faculty member on partial loan to another department shall remain a member of their home department for purposes of exercising rights and privileges established under the Agreement. Transfers and loans are admini...

Related to Transfers and loans

  • Transfers and Assignments You cannot assign or transfer any interest in your account unless we agree in writing.

  • Transfers (1) Each Contracting Party shall guarantee that all payments relating to an investment by an investor of the other Contracting Party may be freely transferred into and out of its territory without delay. Such transfers shall include, in particular:

  • Permitted Transfers The provisions of Section 8.1 shall not apply to (a) a transfer or an assignment of this Lease in connection with the sale of substantially all the original Tenant’s assets if: (I) such sale of assets occurs on an arms’-length basis, to an unrelated third party, and is for a bona fide business purpose and not primarily to transfer Tenant’s interest in this Lease; and (II) upon the consummation of the transfer or assignment, the transferee or assignee is, in the sole, but reasonable determination of Landlord (and its lender, if applicable), capable of satisfying all of Tenant’s obligations hereunder; (b) an assignment of this Lease to a successor to Tenant by merger, consolidation, reorganization or similar corporate restructuring or to an entity that controls, is controlled by, or is under common control with, Tenant; or (c) a subletting of the Premises or any part thereof. In the case of an assignment or sublease that is expressly permitted pursuant to (a) or (c) of this Section 8.3, Tenant shall nevertheless be required to provide Landlord with notice of such assignment or sublease and a true and complete copy of the fully-executed documentation pursuant to which the assignment or sublease, as applicable, has been effectuated within ten (10) business days after the effective date of such assignment or sublease. Any permitted transferee under (a) of this Section 8.3 shall execute and deliver to Landlord any and all documentation reasonably required by Landlord in order to evidence assignee’s assumption of all obligations of Tenant hereunder and to evidence the assignee’s compliance (or ability to comply) with (a)(II) above. Notwithstanding anything to the contrary contained in this Section 8.3, in no event may Tenant assign, mortgage, transfer, pledge or sublease this Lease to any entity whatsoever if, at the time of such assignment, mortgage, transfer, pledge or sublease, a Default has occurred and remains continuing under this Lease.

  • Assignments and Transfers No Party may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of any Debt Documents or the Liabilities except as permitted by this Clause 19.

  • Data Transfers You acknowledge and agree that we may access and Process Personal Data on a global basis as necessary to provide the Subscription Service in accordance with the Agreement, and in particular that Personal Data may be transferred to and Processed by HubSpot, Inc. in the United States and to other jurisdictions where HubSpot Affiliates and Sub-Processors have operations. Wherever Personal Data is transferred outside its country of origin, each party will ensure such transfers are made in compliance with the requirements of Data Protection Laws.

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