Conditional Period Sample Clauses

Conditional Period. The first three (3) months of employment shall be a conditional period for regular employees. After three (3) months of continuous employment, the employee shall attain regular status unless specifically advised by the Employer in writing of an extended conditional period of up to an additional three (3) months. The Employer reserves the right to terminate conditional employees at its discretion at any time during the conditional period and such decision shall not be subject to review under the grievance procedure of this Agreement.
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Conditional Period. When a transfer or new position is filled from within by a unit member, that member will be given a sixty (60) work day conditional period, commencing on the first day of starting the new assignment. Within the first thirty (30) days the supervisor shall review the performance of the individual. All reviews will be shared with the unit member. A final review may be done within the last two weeks of the conditional period. The District and or the unit member retains the right to curtail the conditional period at any time upon determination that the unit member is not going to satisfactorily fill the position or that the unit member wishes to return to their previous position. The final written evaluation will be shared with the Human Resources Department at least three days prior to the end of the conditional period. The supervisor will also inform the unit member of their status at this time. If a review does not occur within the 60 day conditional period, it shall be deemed as satisfactory and the unit member shall remain in that position as a permanent employee.
Conditional Period. 14.1 The Lessor shall have one (1) week from the date of acceptance of this Offer by both parties to verify and be entirely satisfied with the Lessee's credit / financial covenant. Should the Lessor not be satisfied with the Lessee's covenant, it shall have the right to: (A) ask for such guarantees from the Lessee as it may require, the furnishing of which shall be at the discretion of the Lessee (the Lessor having the right, after its receipt of the Lessee's response in respect of such request for guarantees, to either accept same or terminate its obligations under the present Offer which shall then become null and void and no further effect: or (B) terminate its obligations under the present Offer which shall then become null and void and no further effect.
Conditional Period. (a) PVC (and/or its nominees) shall deposit or raise funds up to a sum of Ringgit Malaysia Ninety-Nine Million Nine Hundred Ninety- Nine Thousand and Nine Hundred (RM99,999,900.00) (“Initial Investment Sum”) and deposit the same into a trust account maintained by JVC within three (3) months from the date of the Agreement (“Conditional Period”).
Conditional Period. 15 When a transfer or new position is filled from within by a unit member, that 16 member will be given a sixty (60) work day conditional period, commencing on 17 18 the first day of starting the new assignment. Within the first thirty (30) days the 19 supervisor shall review the performance of the individual. All reviews will be 20 21 shared with the unit member. A final review may be done within the last two 22 weeks of the conditional period. The District and or the unit member retains the 23 right to curtail the conditional period at any time upon determination that the 24 25 unit member is not going to satisfactorily fill the position or that the unit member 26 wishes to return to their previous position. The final written evaluation will be 27 28 shared with the Personnel Office at least three days prior to the end of the 1 conditional period. The supervisor will also inform the unit member of their 2 status at this time. If a review does not occur within the 60 day conditional 3 4 period, it shall be deemed as satisfactory and the unit member shall remain in 5 that position as a permanent employee.

Related to Conditional Period

  • Extension of Restriction Period The Restriction Period shall be tolled for any period during which the Executive is in breach of any of Sections 4.2, 4.3 or 4.4 hereof.

  • Vesting Commencement Date Exercise Price per Share: Total Number of Shares Subject to the Option: Total Exercise Price: Expiration Date: Type of Option: Nonstatutory Stock Option

  • Term Commencement Date The term of this Agreement shall commence on , 2020 (the “Commencement Date”) and, unless earlier terminated in accordance with the terms of this Agreement, shall end on June 30, 2055 (the “Term”).

  • Commencement Date The Subcontractor shall be permitted to begin the Services on , 20 (“Commencement Date”).

  • Extension of the Termination Date (a) During the period from July 1, 2022 until the date that is 30 days prior to the then-applicable Termination Date, the Borrower may request by written notice (an “Extension Request”) made to the Administrative Agent (which shall promptly notify the Lenders thereof) one-year extensions of the Termination Date applicable to each Lender. Each Lender shall notify the Administrative Agent by the date that is 30 days after the Administrative Agent provides the Lenders with written notice of the Borrower’s extension request that either (A) such Lender declines to consent to extending the Termination Date or (B) such Lender consents to extending the Termination Date. Any Lender not responding within the above time period shall be deemed to have declined to extend the Termination Date. The consent of a Lender to any such extension shall be in the sole discretion of such Lender. The Administrative Agent shall, after receiving the notifications from all of the Lenders or the expiration of such period, whichever is earlier, notify the Borrower and the Lenders of the results thereof. For the avoidance of doubt and subject to the terms and conditions set forth herein, the Borrower may request an unlimited number of extensions pursuant to this Section.

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans: the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

  • Extension of Restricted Period In addition to the remedies the Company may seek and obtain pursuant to Section 8 of this Agreement, the Restricted Period shall be extended by any and all periods during which the Executive shall be found by a court to have been in violation of the covenants contained in Section 7 hereof.

  • Additional Termination Event If any "Additional Termination Event" is specified in the Schedule or any Confirmation as applying, the occurrence of such event (and, in such event, the Affected Party or Affected Parties shall be as specified for such Additional Termination Event in the Schedule or such Confirmation).

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

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