Drawing Upon Security BOTH Sample Clauses

Drawing Upon Security BOTH. ‌ No Equity member shall work, or be required to work or continue in the engagement of the Theatre, if and when the security arrangements do not meet the requirements of this Article. Equity may draw upon the securities posted to meet payment to Artists of unpaid fees, including payments for additional services, applicable service taxes, deducted dues payments and joining fees, remittances to Equity, and transportation costs of the Artist to the point of origin and return to the Artist's place of residence, provided that it shall simultaneously inform the Theatre of its action. However, the Theatre recognizes Equity's need to protect the interests of its members in an emergency, and, therefore, should it prove impossible to contact the Theatre or its authorized representative in an emergency, Equity may proceed to draw upon security.
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Related to Drawing Upon Security BOTH

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  • Withdrawal of Loan Proceeds 1. Except as ADB may otherwise agree, the following provisions of this Schedule shall apply to the withdrawal of Loan proceeds from the Loan Account.

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  • UNION SECURITY AND DUES CHECK-OFF 4:01 The Employer agrees to deduct the amount of monthly dues as determined by the Union from the salaries of each and every employee covered by this Agreement. The Employer also agrees to deduct from each and every employee covered by this Agreement the amount of any general assessment levied by the Union, with the proviso that such an assessment shall be limited to one (1) per calendar year, and that such assessment formula can be operated through the Employer‟s present payroll system.

  • UNION SECURITY (Dues Deduction (The following clause will appear in all collective agreements replacing any provision related to dues deduction that existed in the Hospital's expiring collective agreement:)

  • Transfer Upon Realization of Pledged, Mortgaged or Charged Escrow Securities (1) You may transfer within escrow to a financial institution the escrow securities you have pledged, mortgaged or charged under section 4.2 to that financial institution as collateral for a loan on realization of the loan.

  • UNION SECURITY AND DUES DEDUCTION Section 5.0. The Town agrees to deduct from the wages of an employee who is a member of the Union and who voluntarily authorizes such deduction in writing membership dues and initiation fees (if applicable); or agency service fees established by the Union for non-members.

  • Application of Miscellaneous Proceeds upon Condemnation, Destruction, or Loss in Value of the Property In the event of a total taking, destruction, or loss in value of the Property, all of the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property (each, a “Partial Devaluation”) where the fair market value of the Property immediately before the Partial Devaluation is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the Partial Devaluation, a percentage of the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument unless Borrower and Lender otherwise agree in writing. The amount of the Miscellaneous Proceeds that will be so applied is determined by multiplying the total amount of the Miscellaneous Proceeds by a percentage calculated by taking (i) the total amount of the sums secured immediately before the Partial Devaluation, and dividing it by (ii) the fair market value of the Property immediately before the Partial Devaluation. Any balance of the Miscellaneous Proceeds will be paid to Borrower. In the event of a Partial Devaluation where the fair market value of the Property immediately before the Partial Devaluation is less than the amount of the sums secured immediately before the Partial Devaluation, all of the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument, whether or not the sums are then due, unless Borrower and Lender otherwise agree in writing.

  • UNION SECURITY AND DUES 3.01 All employees will be required to pay Union dues or the equivalent of Union Dues as a condition of employment, and that amount shall be deducted from the wages of each employee employed in any position within the bargaining unit described in Article 2 of this Agreement.

  • UNION SECURITY AND CHECK-OFF 5.01 All present seniority employees who are currently members of the Union will be required to continue to be members of the Union as a condition of employment for the duration of this Agreement.

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