Relocation Offices Clause Samples

Relocation Offices. For a period beginning on the date of this Agreement and expiring on the earlier of March 24 or the fifth Business Day prior to the first scheduled hearing on the motion for the Sale Order, the Buyer may, by Notice to Vista (on behalf of all the Sellers) (such Notice, a "Relocation Notice"), designate up to ten Vision Centers the tangible assets of which the Buyer wishes to relocate (such Vision Centers, the "Relocation Offices"). Upon such designation, each Relocation Office shall cease to be a Vision Center for all purposes under this Agreement. Such designation shall not reduce the Purchase Price. The Buyer may give only one Relocation Notice under this Section 2(f). Failure of the Buyer to timely give the Relocation Notice shall constitute a waiver by the Buyer of such right. With respect to each Relocation Office, (i) the Sellers will not reject the associated real estate lease until the later of the Closing Date or April 21, 2001 (such date, the "Move Date"), (ii) the associated tangible assets will be deemed to be Acquired Assets, (iii) the Buyer will at its expense relocate the associated tangible assets to a successor location no later than the Move Date, (iv) in relocating such assets, the Buyer will comply with all provisions of the underlying real estate lease and will not remove any assets which, by the terms of such lease, cannot be removed from the Relocation Office, and (v) the Buyer will be responsible for all cash losses of the Relocation Office for any period between the Closing Date and the Move Date. Any such cash losses shall be limited to obligations in connection with the underlying leases and be paid pursuant to Section 9(f) below. The Sellers will have no responsibility for any assets left by the Buyer at any Relocation Office after the Move Date. In addition to the obligations of the Buyer under Section 10(b) below, the Buyer agrees to indemnify, defend, and hold harmless each Seller from and against all Adverse Consequences such Seller shall suffer caused by the acts or omissions of the Buyer and its agents under this Section 2(f).
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Related to Relocation Offices

  • Union Office Upon application by the Union, in writing, the Hospital will give reasonable consideration to a request for leave of absence, without pay, to an employee elected or appointed to full-time Union office. It is understood that not more than one (1) employee in the bargaining unit may be on such leave at the same time. Such leave, if granted, shall be for a period of one (1) calendar year (in the case of the Union President, two (2) calendar years) from the date of appointment unless extended for a further specific period by agreement of the parties. Seniority and service shall accumulate during such leave to the maximum provided, if any, under the provisions of the Collective Agreement. It will become the responsibility of the employee for full payment of any applicable benefits in which the employee is participating during such leave of absence.

  • Offices The provisions of Section 10(a) will apply to this Agreement.

  • Executive Offices The principal place of business and chief executive office of Borrower, and the office where Borrower will keep all records and files regarding the Collateral, is set forth on the cover page of this Agreement.

  • Headquarters 11.1 This article applies to employees who do not attend at or work at or work from any permanent ministry facility in the course of their duties, but for whom a permanent ministry facility or other place is designated as an employee’s “headquarters” for the purposes of the provisions of this Central Collective Agreement and of various allowances which require a headquarters to be specified. 11.2 A ministry may designate a headquarters when an employee is initially appointed to a position, or when a position is filled by an employee in accordance with Article 6 (Posting and Filling of Vacancies or New Positions), Article 7 (Pay Administration), Article 20 (Employment Stability) of this Central Collective Agreement. All job postings, notices and offers in relation to positions covered by this article shall include the designated headquarters for the position. This designation shall be the location considered by the ministry to be the most convenient for the efficient conduct of the ministry’s business, having regard to the ministry’s projection of the location of the employee’s work assignments for a period of two (2) years. It is not a requirement that the designated headquarters be a facility whose functions are related to the work to be performed by the employee, and the employee’s residence may also be designated as his or her headquarters. The Employer will supply to the Union, by December 30 of each year, a current list of headquarters designations for employees covered by this article. 11.3 By mutual agreement in writing between the ministry and an employee, a new headquarters may be designated for an employee at any time, and by mutual agreement in writing between the ministry and the employee, a temporary or seasonal headquarters may be designated for a stated period, following which the previously designated headquarters will be reinstated unless it has been changed in accordance with this article. 11.4 A ministry may change the headquarters of an employee covered by this article, if: (a) the employee’s residence has been designated as his or her headquarters and he or she subsequently initiates a change of residence; or (b) a ministry facility which has been designated as the employee’s headquarters ceases to operate as a ministry facility; or (c) the employee is assigned to a work location or work locations at least forty (40) kilometres by road from his or her existing headquarters, and it is anticipated that the employee will continue to work in the area of the new work location or work locations for at least two (2) years. 11.5 Where a ministry exercises its right to change the headquarters of an employee otherwise than by mutual agreement with the employee, the following procedure will apply: (a) The ministry shall first give notice to the employee of its intent, and shall consult with the employee to determine the employee’s interests and the employee’s preferences as to the new headquarters location. (b) The ministry shall determine the new headquarters location in a way which is equitable to both the employee and the ministry. (c) The employee shall be given three (3) months’ notice of the change in designation of the headquarters. 11.6 Where it is necessary to identify which one or more of a group of employees is to be assigned to a new headquarters, the employees to be reassigned shall be identified by considering the qualifications, availability, and current location (home, closest facility and work location). Where qualifications, availability and location are relatively equal, length of continuous service shall be used to identify the employee to be reassigned. 11.7 Employees who relocate their residences because of a change in headquarters, other than a temporary or seasonal change, in accordance with this article, shall be deemed to have been relocated for the purposes of the Employer’s policy on relocation expenses.

  • Relocations When an employee is permanently reassigned or transferred to a new work location thirty-five (35) or more miles away from his/her present work location to accommodate the State's operational needs, he/she shall be reimbursed for actual reasonable and necessary moving expenses by common carrier. If the State requires an employee to live in a specified zone or district after initial assignment, the employee will be reimbursed for actual reasonable and necessary moving expenses by common carrier. An employee will not be permanently reassigned or transferred for disciplinary or arbitrary or capricious reasons. Unless specific requirements dictate otherwise, transfers and reassignments shall be on a voluntary basis from among qualified employees. The most senior employee who is qualified to perform the duties of the position shall be entitled to the transfer or reassignment. If there are no qualified volunteers, the least senior qualified employee shall be transferred. In the event the least senior qualified employee has children of elementary or secondary school age, he/she shall be exempted from this provision in the event no schools are available in the new assignment area or if suitable educational arrangements for such children cannot be mutually agreed to. When an employee is reassigned to a new work location under this Article, he/she will have the option, in lieu of relocation, to have recall rights under the Seniority Article of this Agreement as though he/she were laid off as of the effective date of the reassignment. The State shall provide ninety (90) days advance notice of such relocations whenever possible, and in the event that less than ninety (90) days notice is provided, the State will pay reasonable temporary relocation expenses, pursuant to the Lodging and Meals Article of this Agreement, for any period of less than ninety (90) days notice. This Article does not apply to employees relocating in connection with any reduction in force or to employees in job classes which traditionally have required performance of duties at other than a fixed location.