An Alternative Sample Clauses
The "An Alternative" clause provides a substitute option or method within a contract or agreement, allowing parties to choose between different courses of action or terms. In practice, this clause might specify an alternative payment method, delivery schedule, or dispute resolution process if the primary option is unavailable or unsuitable. Its core function is to introduce flexibility and ensure that the agreement can still be fulfilled even if the original terms cannot be met, thereby reducing the risk of deadlock or breach.
An Alternative. Teaching Day schedule shall be no more than the equivalent of ten (10) teaching periods in any given school year. Should the site administrator propose an Alternative Teaching Day schedule to a Bargaining Unit member to which the Bargaining Unit member agrees, the Bargaining Unit member and the site administrator shall sign a written statement acknowledging the terms of the agreement. The term of Agreement form shall be developed by the Human Resources Office and approved by the Association.
An Alternative. Equity Financing (as defined in the Borrower's Certificate of Designation of Series D Exchangeable Preferred Stock) took place on June 29, 2001 pursuant to which Borrower issued Series E Preferred Stock which has a conversion price of $1.00 per share.
An Alternative. Business Strategy that discusses alternative strategies should the Bank not reach its target goals or has certain material deviations.