Repositioning Clause Samples
The Repositioning clause grants one party the right to move or alter the placement of certain assets, equipment, or property within a specified area or premises. In practice, this clause may allow a landlord to relocate a tenant’s signage, kiosks, or leased space within a shopping center, or permit a service provider to adjust the location of installed equipment to accommodate operational needs. Its core function is to provide flexibility for the party controlling the premises or assets, ensuring they can adapt to changing circumstances or optimize space usage without breaching the agreement.
Repositioning. As defined in Section 3.6.
Repositioning. Subject to any legal restrictions, the Borrower will upon first request of the Majority Lenders reposition all Pledged Target Shares acquired under the Share Purchase Agreement, the Bid or the Reopening that are traded on the New York Stock Exchange to Euronext Brussels, it being understood that the Majority Lenders can only make such request until the six-month holding period under Rule 144 with respect of those Pledged Target Shares has been satisfied, provided, however, that the Borrower shall not be obligated to comply with such request if, in the reasonable judgement of the Borrower, such repositioning would cause the Target Shares to fail to meet the NYSE’s continuing listing standards.
Repositioning. Notwithstanding Section 7.2(A) above, Lessor, in Lessor’s sole discretion, may permit Lessee to reserve the Aircraft for more than three (3) consecutive Reserved Flight Days without requiring that the Aircraft be repositioned to its Home Airport as provided in Section 7.2(A). If Lessor agrees that the Aircraft does not have to be repositioned at the Home Airport, Lessee shall pay all costs associated with the flight crew for the entirety of the trip, including, but not limited to, motels, meals, rental cars, per diem, and return flights for the crew, if necessary. Furthermore, should Lessee desire to use the Aircraft during a Third Party Lessee’s Reserved Flight Days which requires the repositioning of the Aircraft, any Flight Hours incurred to reposition the Aircraft (both to pick up the Lessee and to return the Aircraft to the Third Party Lessee) shall be treated as Leased Hours as to the Lessee.
Repositioning. Site users shall not relocate antennas from the positions shown in the licensing agreement nor install antennas additional to the agreement without the written approval of the licensor and the informing of all licensees. Under the "last man on" standard, the site user installing the “new” or “relocation” requires that a structural analysis be performed with all previously approved equipment on tower to ensure that there is no loss of tower capacity. The analysis shall be done at the expense of the site user desiring to install and/or move the antennas.
Repositioning. Employees in the bargaining unit who believe that they are not appropriately placed on the salary schedule as to grade or track may request review of such placement according to the following:
5.5.1 Put the request in writing to the employee's Executive Director. The request must include a description of the employee’s assigned duties which warrant the change in grade or track and discussion of how these duties are similar in scope to the duties of employees who are paid already on the requested track or grade.
5.5.2 The Executive Director shall discuss the request with the employee and provide the employee with a written response to the request within 15 workdays of the employee’s written request.
5.5.3 If the Executive Director’s recommendation is to approve the request, that recommendation will be forwarded to the Deputy Superintendent. The Deputy Superintendent will review the request and recommendation then forward it to the Superintendent with his/her own recommendation within 15 workdays if approved. The Superintendent will notify the employee of the decision, with copies to the Deputy Superintendent and Executive Director, and forward the recommendation to the board of education within 10 workdays.
5.5.4 If the Employer’s recommendation is to deny the employee’s request for repositioning on the salary scale, the employee may, within 10 workdays of receiving notice of the denial, appeal the decision to a panel consisting of a representative from Employee Services, a representative of the Union, and the employee’s Executive Director. The employee may choose to address the panel. The panel will review the appeal and make a recommendation to the Deputy Superintendent or Superintendent depending on the level at which the request was denied. The panel will have no more than 15 workdays to make its recommendation.
5.5.5 If a request for placement change is approved by the Board, it will be retroactive to the date the employee made the request in writing pursuant to this article. In no event shall such date for retroactive effect be earlier than the date of execution of this article.
5.5.6 Other than the procedural aspects of 5.5.1–5.5.5 above, nothing in Section 5.5 of this article shall be subject to the grievance process of the contract between WCSSF and RESA. A decision by the Employer to grant or deny repositioning is not grievable.
5.5.7 In the event that a request for repositioning is approved, the placement on the new salary schedule which is a hig...
