Equal Class Seniority Sample Clauses
The Equal Class Seniority clause establishes that all parties or instruments within a specified class share the same level of priority or rights, particularly in relation to claims or payments. In practice, this means that no member of the class can be subordinated to another, and all will be treated equally in scenarios such as distributions, voting, or enforcement actions. This clause ensures fairness among class members and prevents disputes over preferential treatment, thereby promoting clarity and predictability in the allocation of rights or proceeds.
Equal Class Seniority. If two (2) or more unit members subject to layoff have equal class seniority, the determination as to who shall be laid off will be made on the basis of the greater classified hire date (District) seniority, or if that be equal then the determination shall be made by the earliest date of employment with the District in any non-faculty, non- student capacity, and if that be equal by lot under the supervision of the Office of Human Resources.