Mandatory Call. 6.1.1.1.1 A CBBC will be called by the issuer when the price of the underlying asset hits the Call Price and that CBBC will expire early. Payoff for Category N CBBC will be zero when they expire early. When Category R CBBC expire early the holder may receive a small amount of Residual Value payment, but there may be no Residual Value payment in adverse situations. Once the CBBC is called, even though the underlying asset may bounce back in the right direction, the CBBC which has been called will not be revived and investors will not be able to profit from the bounce-back.
Mandatory Call. The Association and the Employer recognize that in order to provide quality patient care, nurses may be required to take mandatory call on an equitable rotational basis providing patient care is not compromised. The Medical Center shall not establish mandatory call in units that do not have mandatory call as of the effective date of this Agreement except for new services, new programs, or new departments where call may be required. For those units that have mandatory call, the Medical Center will establish a committee comprised of nurses from such units and the managers of those units. The committee will meet quarterly to review call and callback trends and issues of concern to the nurses related to call and callback, with the goal of developing a staffing and call pattern and practice to address patient-care needs while also addressing the nurses’ goal of having work-life balance and achieving a ratio of on-call hours: FTE of 40%.
Mandatory Call. In the event that: (i) none of the options set forth in Sections 5.2 through 5.4 of this Agreement have been exercised on or before September 30, 2003; (ii) the Independent Committee no longer exists; and (iii) no independent directors sit on the Holdings Board and, after reasonable good faith efforts by the remaining members of the Holdings Board, no independent persons qualified to serve on the Holdings Board have been found or, if found, are not willing to sit on the Holdings Board, then the Holdings Board shall engage an independent investment banking, accounting or third party valuation firm to evaluate whether or not it is in the best interests of Holdings that it purchase the shares of Common Stock held by the SOFTBANK Entities. In the event that such independent investment banking, accounting or third party valuation firm selected by the Holdings Board thereafter recommends to the Holdings Board that Holdings purchase the shares of Common Stock held by the SOFTBANK Entities, then Holdings shall be obligated to purchase (the "Mandatory Call") on or before December 31, 2003 (the "Mandatory Call Period") all of the shares of Common Stock held by the SOFTBANK Entities in exchange for an aggregate consideration of (x) US$125,000 and (y) 16,667 shares of authorized but unissued shares of the Series E Preferred; provided, however, that in accordance with Section 3.5(a)(ii) of the Loan Agreement the SOFTBANK Entities may elect, in their sole discretion, to have the principal amount of the Loan re-paid by reducing the number of shares of Common Stock held by the SOFTBANK Entities that Holdings is required to reacquire pursuant to the Mandatory Call by twenty (20) shares (as adjusted pursuant to Sections 3.5(b) and (d) of the Loan Agreement)."
Mandatory Call. An ad hoc workgroup will be formed to address on call hours, including the equitable distribution of on-call scheduling, in clinical departments with mandatory call. The workgroup will consist of the CEO, CNO, OR Director and an equal number of staff RNs from the affected clinical departments with a union or Association officer as an observer. The workgroup will meet quarterly for 12 months, at which time the continuing necessity for the workgroup shall be reevaluated by the workgroup.
Mandatory Call. If the Subordinated Debt has been paid in full on prior to July 31, 1997, the Company shall concurrently repurchase this Warrant at a call price equal to $10 per Issuable Warrant Share ($792,040 in the aggregate) and the holders hereof shall surrender this Warrant for cancellation upon payment of the call price in immediately available funds.
Mandatory Call. The following units/services are areas that warrant a mandatory call scheduling system due to scheduling needs, hours of operation and/or specialized patient programs: Main OR, Surgery Float Pool, PACU, Endoscopy/Medical Procedures, Radiology, Pediatric Surgery Center , Peds After Hours, Cardiovascular and 2N MOBI Areas which currently have call schedules will continue this practice. If new programs/services are instituted that require call teams or extra call teams within these above stated areas/units, qualified volunteers (including supplemental staff) will be solicited first from staff within the clinical groups. If the number of qualified volunteers does not meet the need for responding to these patient care services, call will be assigned on a rotational and equitable manner among qualified staff within the unit, including supplemental staff where appropriate.
Mandatory Call. 16 The Hospital agrees that any changes in mandatory call shall be negotiated 17 to completion with the Association. The Hospital shall not institute or alter 18 any existing mandatory call without bargaining to completion with the 19 Association. 20 21 In no case shall a Unit Practice Committee (UPC) supersede the collective 22 bargaining agreement in terms of any working conditions, including changing 23 schedules, mandatory call, or pay. A UPC may discuss the need for an 24 alternative staffing system or on call system but shall work with the 25 Association to amend current practice. 26 27 The Hospital shall not alter the mandatory call systems in place in Operating 28 Room, Post Anesthesia Care Unit, Short Stay, Endoscopy, Cath Lab, 29 Cardiovascular Operating Room, Cardiovascular Preparation and Recovery, 30 Women’s Health, Birth, and Child Center and anywhere else it exists for 31 nurses represented by the Association.
Mandatory Call. Call which a Nurse is required to take without right of refusal, which is not 6 required by the Nurse’s position statement, to which the Nurse does not agree, and for which 7 the Nurse does not volunteer.
Mandatory Call. When the average closing bid price of the common stock of the Company Inc. meets or exceeds 200% of the Exercise Price then in effect for ten consecutive trading days, the Company has the right, but not the obligation, to call all or part of the vested Warrants provided, however, that the Company may not exercise the call feature unless a registration statement registering the Shares has been declared effective at least twenty (20) trading days earlier and is effective from the date of delivery of the call notice until ten (10) business days later and the shares underlying the warrants will be issued without restrictive legend. The call price shall be subject to adjustment according to the adjustment mechanisms set forth in Section 3 herein. In the event the Company elects to exercise such right it shall provide written notice of its intention to the Holder (the "Call Notice"). If the Warrants are not exercised within ten (10) business days following the date the Company issues the Call Notice, then the Company shall buy each Warrant for a consideration of $0.001 per warrant and the Warrants and all rights appurtenant thereto shall expire on the calendar day immediately following the date of the Call Notice.
Mandatory Call. I. Upon a material breach of any of these covenants, Major Chemical shall have the right to purchase the Shares owned by the breaching Shareholder. Upon the exercise of a Call, the Shareholder whose Shares are being called shall sell to Major Chemical all the Shareholder's Shares upon the purchase price and payment terms provided in this Agreement.
