Section 215 Clause Examples for Any Agreement
Section 215. 2. At the Effective Time, the name of Surety Bank (hereinafter referred to as "Continuing Bank" whenever reference is made to it as of the time of Bank Consolidation or thereafter) shall continue to be "Surety Bank, National Association"; the Articles of Association of Continuing Bank shall be as set forth in ANNEX A attached hereto and made a part hereof; the bylaws of Surety Bank in effect immediately prior to the Bank Consolidation shall become the bylaws of Continuing Bank; the established office and facilities of First Bank immediately prior to the Bank Consolidation shall become the established office and facilities of Continuing Bank; and the established office and facilities of Surety Bank immediately prior to the Bank Consolidation shall continue and be operated as a branch of Continuing Bank.
3. At the Effective Time, the corporate existence of Surety Bank and First Bank shall, as provided in 12 U.S.C. Section 215, be merged into and continued in Continuing Bank; and Continuing Bank shall be deemed to be the same corporation as Surety Bank and First Bank. All rights, franchises and interests of Surety Bank and First Bank, respectively, in and to every type of property (real, personal and mixed) and choses in action shall be transferred to and vested in Continuing Bank by virtue of such Bank Consolidation without any deed or other transfer. Continuing Bank at the Effective Time and without any order or other action on the part of any court or otherwise, shall hold and enjoy all rights of property, franchises and interests, including appointments, designations and nominations, and all other rights and interests as trustee, executor, administrator, transfer agent and registrar of stocks and bonds, guardian of estates, assignee, receiver, and in every other fiduciary capacity, and in every agency capacity, in the same manner and to the same extent as such rights, franchises and interests were held or enjoyed by Surety Bank and First Bank, respectively, at the Effective Time, subject, however, to the provisions of 12 U.S.C. Section 215(f).
4. At the Effective Time, Continuing Bank shall be liable for all liabilities of Surety Bank and of First Bank, respectively; and all deposits, debts, liabilities, obligations and contracts of Surety Bank and of First Bank, respectively, matured or unmatured, whether accrued, absolute, contingent or otherwise, and whether or not reflected or reserved against on balance sheets, books of account or records of Surety B...
Section 215. 26 Neither party shall be compelled to comply to any provision of this Agreement which conflicts with 27 State or Federal statutes or regulations.
Section 215. 22 Employees required to remain overnight on District business shall be reimbursed for room and board
Section 215. Book-Entry Provisions for Global Securities.............................................. 14
Section 215. 14 Summer work, with the exception of schools with a modified calendar, shall be defined as all work 15 available during the summer months that is outside the traditional school year. Routes for schools on a 16 modified calendar will be identified prior to bidding and on all job postings for these positions.
Section 215 trips other than regular daily scheduled bus runs shall be compensated at the employee's base 31 hourly rate for the duration of the trip.
Section 215. 24 Right Response Training or similar training shall be provided to all special education paraeducators, 25 special education drivers, lunchroom monitors, and playground monitors. The District will offer, at no 26 cost, Right Response or similar training to current substitute employees. For the purposes of this Section, 27 substitute employees will not receive compensation for time attending said training(s). 30 Employees are required to report workplace hazards to the District Safety Committee.
Section 215. 2 The journey rate of pay for secretaries and Paraeducator apprentices who entered the Apprenticeship 3 Program prior to August 1989 that have completed all course work (320/300 hours) and work related 4 hours (2,000) will be one dollar ($1.00) per hour above the current permanent rate of pay designated 5 on Schedule A. 7 The journey rate of pay for apprentices who entered the Apprenticeship Program after to August 1989 8 that have completed all course work (320/300 hours) and work related hours (2,000) will be thirty-five 9 cents (35¢) per hour above the current permanent rate of pay designated on Schedule A.
Section 215. 18 All trips other than regular daily scheduled bus runs shall be compensated at the employee's base 19 hourly rate for the duration of the trip.
Section 215. Section 2.15 of the Credit Agreement is hereby amended by adding the following new clause (l) to the end thereof to read in their entirety as follows: