FERRIES Clause Samples
FERRIES. Employees will be dispatched in order of seniority. There will be no bumping on these jobs. When an employee leaves this job they will be permanently replaced by the most senior employee not already working. Senior employees will have the first right of refusal on these jobs.
FERRIES. (a) Each Ferry is:
(i) in the absolute legal and beneficial ownership of a member of the Group, subject to any Existing Security; and
(ii) operated under legal, valid, enforceable and binding charters from their owners and are registered in the names of their operators at the appropriate national registry.
(b) Each Ferry has been issued with all necessary governmental documentation necessary to permit it to carry on its business in the usual course and all such documentation is valid and current.