RESERVE BLOCKHOLDERS Clause Samples

The Reserve Blockholders clause designates certain parties as blockholders who have reserved rights or privileges within a company or investment structure. Typically, this clause outlines which investors or shareholders are considered blockholders, the specific rights they hold—such as veto power, board representation, or priority in future funding rounds—and the conditions under which these rights apply. By clearly identifying reserve blockholders and their entitlements, the clause ensures transparency in governance and protects the interests of significant stakeholders, thereby preventing disputes and maintaining balance in decision-making processes.
RESERVE BLOCKHOLDERS a) The Company will issue a limited number of RBP Reserve blocks at each base. The number will be at the discretion of the Company; b) The provisions of the collective agreement related to inviolate days off will not be applicable to RBP Reserve Blocks. Employees will not have the option to declare one additional set of days off in his/her block as inviolate; c) Each Reserve Block will consist of a maximum of eleven (11) duty days and a period with a minimum of ten (10) consecutive days off. Each group of consecutive duty days will be for a period no less than two (2) consecutive days on; d) The Minimum Monthly Guarantee shall be 2:10 per duty day; e) The Maximum Monthly Limitation shall be forty-five (45) hours; f) The Company reserves the right to modify RBP Reserve blocks from block month to block month;
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RESERVE BLOCKHOLDERS. Three hours and forty-five minutes (3:45) for each day worked over the duration of the assignment applicable to both pay and limitations.
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RESERVE BLOCKHOLDERS. Reserve Blockholders - A credit of 2:55 (two hours and fifty-five minutes) per day of vacation taken and for each statutory holiday). A credit of 2:35 (two hours and thirty-five minutes) per day shall be applied towards flight time limitations. except as specified in article 8.10. and B4.01.04
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RESERVE BLOCKHOLDERS. A Reserve Blockholder will have special blocks prepared from A319, A320, A321, A330, B767 ,B777. flights which do not have a Flight Service Director in the crew. These flights will be selected from open flying and before supplemental blocks are prepared.
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RESERVE BLOCKHOLDERS. S/he shall be paid at one-half (½) of his/her hourly rate of pay with a minimum guarantee of four (4) hours. A credit of two hours and thirty-five minutes (2:35) per day will be applied towards flight time limitations. ▇.▇▇.▇▇.▇▇.▇▇ Reserve Blockholders shall not be required to operate a flight after training.
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RESERVE BLOCKHOLDERS. Blockholder will have special blocks prepared from and flights. These flights will be selected from open flying and before supplemental blocks are prepared. In the event the flying provided for in is insufficient, the employee will be awarded open flights into special block before normal reserve and as far in advance as possible. These special blocks should, where possible, be comprised of sixty-five (65) hours of flight time.
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Related to RESERVE BLOCKHOLDERS

  • Assignments to Federal Reserve Banks In addition to the assignments and participations permitted under the foregoing provisions of this subsection 10.1, any Lender may assign and pledge all or any portion of its Loans, the other Obligations owed to such Lender, and its Notes to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank; provided that (i) no Lender shall, as between Company and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge and (ii) in no event shall such Federal Reserve Bank be considered to be a "Lender" or be entitled to require the assigning Lender to take or omit to take any action hereunder.

  • Federal Reserve Board Regulations None of the Loan Parties is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purposes of “purchasing” or “carrying” any “Margin Stock” within the respective meanings of such terms under Regulations U, T and X of the Board. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws or regulations of any Governmental Authority (including, without limitation, the Regulations of the Board).

  • Federal Reserve Regulations No part of the proceeds of the Loan will be used for the purpose of purchasing or acquiring any “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System or for any other purpose which would be inconsistent with such Regulation U or any other Regulations of such Board of Governors, or for any purposes prohibited by Legal Requirements or by the terms and conditions of this Agreement or the other Loan Documents.

  • Federal Reserve Notwithstanding any other provision of this Agreement to the contrary, any Financial Institution may at any time pledge or grant a security interest in all or any portion of its rights (including, without limitation, its portion of the Asset Portfolio and any rights to payment of Capital and Financial Institution Yield) under this Agreement to secure obligations of such Financial Institution to a Federal Reserve Bank, without notice to or consent of Seller or Agent; provided that no such pledge or grant of a security interest shall release a Financial Institution from any of its obligations hereunder, or substitute any such pledgee or grantee for such Financial Institution as a party hereto.

  • Reports to Stockholders To the extent required by the MGCL, the Company shall report in writing to its stockholders the payment of any amounts for indemnification of, or advance of Expenses to, Indemnitee under this Agreement arising out of a Proceeding by or in the right of the Company with the notice of the meeting of stockholders of the Company next following the date of the payment of any such indemnification or advance of Expenses or prior to such meeting.