Constructive Sample Clauses

Constructive non-adversarial dealings between the parties, and constructive mutual steps to avoid differences and disputes and to identify solutions that advance the shared interests and objectives of both central and local government with respect to the communities they serve;
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Constructive. Termination means that any of the following events have taken place and Employee gives written notice of his intent to resign his employment with the Company and said resignation is submitted within thirty (30) days of the event: (i) a reduction in the Base Salary of Employee without Employee’s written consent; (ii) a relocation (or demand for relocation) of Employee’s office location and principal place of employment to a location more than fifty (50) miles from Employee’s current office location and principal place of employment; or (iii) a significant or material reduction in Employee’s job duties or level of responsibility.
Constructive. 3. Focused upon the assessment of needs and the overcoming of weaknesses.
Constructive. Discharge ------------------------ Employees who are earning at least $50,000 Annual Rate of Pay are eligible for reduction-in-force severance pay when their base salary is reduced by 20 percent or more so that, in effect, they have been "constructively" discharged. For such benefits to apply, the employee must terminate within one year of the date of such reduced compensation.
Constructive. In November 2000, as the talks proper got underway, both parties displayed their more constructive side. Both acknowledged that, though the risk of an accident was minimal, the impact would be huge. Both saw the need to achieve a good solution. The environment minister announced that he was prepared to consider indemnifying any losses or providing government assistance if Akzo Nobel could demonstrate that it could not afford the investments and operations needed to reduce chlorine transportation. One important condition was that any solution must meet with the approval of the European Commission, under European competition legislation. The promised assistance with the costs, and above all the amount involved, was however an important stumbling block. Akzo Nobel estimated that, whatever the solution, the government would have to provide at least € 50 million. The minister announced to the outside world that he considered this sum much too high. He told the House of Representatives that Akzo Nobel continually focused on the costs in, paying scant attention to the likely benefits, or to the costs and investments it would be able to avoid. Red light In the early days of negotiations, public pressure increased even further. A report setting out a plan for tackling incidents involving chlorine trains was published in late November 2000. It had been commissioned by a number of local authorities in the north of the country. The findings did not make pleasant reading, prompting a new wave of publications on the dangers of chlorine transportation by rail. Several weeks later the Socialist Party (a leftwing campaigning party with seats in parliament) set up the ‘Red light for chlorine trains’ committee, together with a number of environmental groups, launching a major, well-coordinated campaign against chlorine transportation. With blockades of the ‘murderer in the night’, spectacular publicity stunts at railway stations, press releases, reports and discussion evenings, ‘Red Light’ managed to keep the issue in the politicians’, media and public eye for two years. The campaign was effective, perfectly attuned to the mood of the time, and the media was only too pleased to give it coverage. And it bore fruit. The Dutch had grown extremely concerned about threats to public safety, particularly after a fire in a bar in Volendam on 31 December 2000 took the lives of fourteen young people. Xxxxxxxx xxxx On 14 February 2001 there was even a parliamentary hearing about chlori...

Related to Constructive

  • Notice of Voluntary Termination or Reduction The Borrower shall notify the Administrative Agent of any election to terminate or reduce the Commitments under paragraph (b) of this Section at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of the Commitments of a Class delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.

  • Involuntary Termination “Involuntary Termination” shall mean (i) without the Employee’s express written consent, the significant reduction of the Employee’s duties or responsibilities relative to the Employee’s duties or responsibilities in effect immediately prior to such reduction; provided, however, that a reduction in duties or responsibilities solely by virtue of the Company being acquired and made part of a larger entity (as, for example, when the Chief Financial Officer of Company remains as such following a Change of Control and is not made the Chief Financial Officer of the acquiring corporation) shall not constitute an “Involuntary Termination”; (ii) without the Employee’s express written consent, a substantial reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee’s express written consent, a material reduction by the Company in the Base Compensation or Target Incentive of the Employee as in effect immediately prior to such reduction, or the ineligibility of the Employee to continue to participate in any long-term incentive plan of the Company; (iv) a material reduction by the Company in the kind or level of employee benefits to which the Employee is entitled immediately prior to such reduction with the result that the Employee’s overall benefits package is significantly reduced; (v) the relocation of the Employee to a facility or a location more than 50 miles from the Employee’s then present location, without the Employee’s express written consent; (vi) any purported termination of the Employee by the Company which is not effected for death or Disability or for Cause; or (vii) the failure of the Company to obtain the assumption of this agreement by any successors contemplated in Section 10 below.

  • Voluntary Termination or Reduction The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 or a larger multiple thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

  • Voluntary Termination Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.

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