Consolidations. Upon receipt of instructions from the Company, BNY may deliver to DTC and the CUSIP Service Bureau at any time a written notice of consolidation (a copy of which shall be attached to the resulting Global Security) specifying (i) the CUSIP numbers of two or more Outstanding Global Securities that represent Book-Entry Notes having the same Terms and for which interest has been paid to the same date, (ii) a date, occurring at least thirty days after such written notice is delivered and at least thirty days before the next Interest Payment Date for such Book-Entry Notes, on which such Global Securities shall be exchanged for a single replacement Global Security and (iii) a new CUSIP number to be assigned to such replacement Global Security. Upon receipt of such a notice, it is expected that DTC will send to its participants (including BNY) a written reorganization notice to the effect that such exchange will occur on such date. Prior to the specified exchange date, BNY will deliver to the CUSIP Service Bureau a written notice setting forth such exchange date and the new CUSIP number and stating that, as of such exchange date, the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. On the specified exchange date, BNY will exchange such Global Securities for a single Global Security bearing the new CUSIP number, and the CUSIP numbers of the exchanged Global Securities will, in accordance with CUSIP Service Bureau procedures, be cancelled and not reassigned until the Book-Entry Notes represented by such exchanged Global Securities have matured or been redeemed.
Consolidations. If vacancies occur in rooms during a semester, the remaining residents may be required to consolidate with other residents in similar situations or choose to pay the adjusted rate according to actual room occupancy. Available options depend upon occupancy at the time of vacancy. Refusal by the remaining residents to consolidate could result in an increased rate for lower occupancy. Non-Occupancy Non-occupancy of a residence hall space does not cancel the contractual obligation. Registered students who do not check into their assigned rooms may lose the specific space assigned to them and be transferred to a different room based on the needs of the University or community. The student who is registered but not checked in will still be billed for the room to which they are officially assigned.
Consolidations. Mergers, and Sales of Assets. Consolidate or merge with or into any other person or sell, lease or transfer all or substantially all of its property and assets, or agree to do any of the foregoing, unless (a) no Default or Event of Default has occurred and is continuing or would have occurred immediately after giving effect thereto, and (b) in the case of a consolidation or merger or transfer of assets involving the Company and in which the Company is not the surviving corporation or sells, leases or transfers all or substantially all of its property and assets, the surviving corporation or person purchasing, leasing or receiving such property and assets is organized in the United States of America or a state thereof and agrees to be bound by the terms and provisions applicable to the Company hereunder.
Consolidations. .01 When, through the application of paragraphs 5.05, 5.06, and 5.07, the recommended candidate for one or more Course Instructor positions has previously been awarded a concurrent Course Instructor position, with the result that the combined appointments, if made, would require a consolidation into a single position within the full-time bargaining unit, the appointee may be awarded the position(s) in accordance with this Article. While it is understood that a Tutorial/Workshop Leader position might occasionally be part of the consolidation, a Tutorial/Workshop Leader position cannot be part of a consolidation unless it is held in addition to two Course Instructor positions. .02 There shall be no more than three (3) such consolidations in any twelve- month period from September 1 to August 31. Consolidations in excess of this number require the agreement of the Union. Such agreement shall not be unreasonably withheld.
Consolidations. In the event there is a decrease in the number of teachers in any area of certification, teachers shall be transferred according to their date of hire. Said teachers shall be notified by the Office of Human Resources by the timeline as established annually by the Joint CBH Committee. Said notification shall provide the specific reason(s) for the involuntary transfer. Said teacher, however, shall not be transferred should there be a vacancy before the commencement of the annual Displaced Teacher process and/or Criterion-Based Hiring and Transfer. Said teachers as may be transferred shall be reassigned in said area of certification in the inverse order of their transfer, if said teachers are available and so desire to be reassigned. No new appointments shall be made to said area of certification while there are available teachers so transferred. Said teachers being recalled will return to their former positions if said positions are available. If said positions are not available, the order of placement shall be according to their date of hire. For the 2015-16 school year, any teacher who is affected by a consolidation from his/her area of certification may elect to transfer to a vacant position within his/her school in a different area of certification in accordance with Article 13-1 as long as said teacher holds full certification for said position. In no event, may a displaced teacher in one certification area displace a teacher in a different certification area. This provision may be extended for the duration of the 2014-2017 Collective Bargaining Agreement per mutual agreement of the parties, in writing, no later than January 15, 2017. For the 2015-16 school year, any Elementary teacher who is affected by a consolidation from his/her grade level or subject area may choose not to displace a less senior teacher in said area of certification and select a new assignment in accordance with Article 12, Transfer Policy. This provision may be extended for the duration of the 2014-2017 Collective Bargaining Agreement per mutual agreement of the parties, in writing, no later than January 15, 2017.
Consolidations. If vacancies exist in a residence hall room/suite to which a student is assigned, residents without roommates may be required to move in together (consolidate). The Office of Housing and Residence Life may assign, re-assign and adjust the occupancy of rooms at any time. The Xxxxxx College consolidation policy serves to better meet the demand of students, reduce the number of room changes, open space for housing special groups during the year, and ensure maximum occupancy and efficiency of all residence hall room/suite spaces. The Office of Housing and Residence Life will determine who has a space in their room or suite. In the case of two residents, both of whom have vacancies in their respective rooms, and who wish to voluntarily consolidate, the Office of Housing and Residence Life will honor the voluntary consolidation. Administrative consolidation may require relocating one resident to another resident’s room, based on College deposit date.
Consolidations. In the event of any consolidation or consolidations of the Shares of the Corporation as they were constituted at the time any Options granted hereunder were granted into a lesser number of Shares, the Optionee shall accept at the time of the exercise thereof, in lieu of the number of Shares in respect of which the Option is then being exercised, the lesser number of Shares that results from such consolidation or consolidations.