Management Determination Clause Samples

Management Determination. Management's schedule shall determine which operators shall work on the holiday, consistent with other portions of this Agreement.

Management Determination. In the event the number of employees who apply for a specific day is more than can be accommodated, they will be granted the day off in order of their application for the paid absence day.

Management Determination. The relevant German Guarantor shall provide a written substantiated confirmation to the Agent within 15 (fifteen) Business Days following a Lender’s demand under the Guarantee to what extent the demanded payment would lead to the occurrence of a Capital Impairment (the Management Determination).

Management Determination. Use of Paid Absence time must be scheduled in advance with the employee’s supervisor. Requests will be granted on a first-come, first-serve basis, as long as the requests meet the operational requirements of the Division or Department. In the event that more than one request to schedule Paid Absence time for the same day(s) is received by a supervisor at the same time, and the operational requirements are such that not all requesting employees can take Paid Absence time at the same time, seniority shall be the determining factor in deciding who shall take the Paid Absence. Request for Paid Absence shall not be unreasonably denied.

Management Determination. Management will notify custodians in the Undergraduate Houses or other areas whenever the Furniture Moving premium is in effect. Management will provide all custodians assigned to primary moving tasks – as identified above – with appropriate training to safely lift and move heavy objects, and properly operate assistance devices including two wheelers, dollies and furniture lifts.

Management Determination. Within ten (10) Business Days after a payment demand under the Liability has been made, German Borrower shall provide a certificate signed by its directors confirming in writing (i) if and to what extent the Liability is an Up-stream and/or Cross-stream Liability and (ii) whether an enforcement of the Lability would lead to a Limitation Event (the “Management Determination”). Such confirmation shall comprise an up-to-date balance sheet of German Borrower and a detailed calculation (based on the provisions of this Agreement) of the amount of the relevant Net Assets and Protected Capital. German Borrower shall fulfil its obligations under the Liability within three (3) Business Days of providing the Management Determination (and each of Collateral Agent and Lenders shall be entitled to enforce the Liability) in an amount which, pursuant to the Management Determination, would not cause a Limitation Event (irrespective of whether or not the Collateral Agent agrees with the Management Determination).