Section 2.5(d) Sample Clauses

Section 2.5(d). Section 2.5(d) of the Agreement shall be deleted in its entirety and replaced with the following: Seller shall be responsible for all expenses of the Property attributable to the period prior to the Proration Date, unless otherwise provided for in this Agreement. Seller shall receive a credit at Closing for all outstanding accounts receivable related to income of the Hxxxxx Facility for the period prior to the Proration Date (other than Aging Bad Debt (as defined below)), which amount is more particularly set forth on Schedule 2.5(d) hereto (the “Outstanding A/R”). In the event Buyer receives any payment due for any period prior to the Proration Date or payment of any other receivable of Seller, Buyer shall retain the same until such time as the Outstanding A/R has been entirely received by Buyer. As of the date of Closing, the Hxxxxx Facility has accounts receivable aging more than thirty days in the amount of $10,943.20 (the “Aging Bad Debt”), which shall be retained by Seller, and shall not be credited to Seller at Closing. After collection or receipt of the Outstanding A/R, to the extent Buyer receives any payment related to the Aging Bad Debt, Buyer shall forward such payment to Seller. To the extent the Outstanding A/R is not collected or received by Buyer within ninety (90) days after Closing, the balance of any portion of the Outstanding A/R not collected or received by Buyer shall be promptly (within five (5) Business Days) paid by Seller to Buyer and included in any Post-Closing Adjustment Amounts.
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Related to Section 2.5(d)

  • Section 3.5 29 Neither the District, nor the Association, shall discriminate against any employee subject to this 30 Agreement on the basis of race, creed, color, sex, religion, age or marital status or because of a 31 disability with respect to a position, the duties of which may be performed efficiently by an individual 32 without danger to the health or safety of the disabled person or others.

  • Section 4.5 7 The President of the Association and designated representatives may be provided time off without loss 8 of pay to a maximum of ten (10) days per year to attend local, regional or State meetings when the 9 purpose of those meetings is in the best interest of the District as determined by the District 10 administration.

  • Section 3.4 47 Each employee reserves and retains the right to delegate any right or duty contained in this Agreement, 48 exclusive of compensation for services rendered, to appropriate officials of the Association.

  • Section 4.3 18 The Association reserves and retains the right to delegate any right or duty contained herein to 19 appropriate officials of the Public School Employees of Washington State Organization.

  • Section 5.1 24 It is agreed and understood that matters appropriate for negotiation between the District and the 25 Association are matters relating to or affecting wages, hours, grievance procedures and general working 26 conditions of employees in the bargaining unit subject to this Agreement.

  • Section 4.4 23 The Association reserves and retains the right to delegate any right or duty contained herein to 24 appropriate officials of the Public School Employees of Washington/SEIU Local 1948 State 25 Organization.

  • Section 3.3 36 Employees of the units subject to this Agreement have the right to have Association representatives or 37 other persons present at discussions between themselves and supervisors or other representatives of the 38 District as hereinafter provided. 39

  • Section 6.2 33 The Association representatives shall represent the Association and employees in meeting with 34 officials of the District to discuss appropriate matters of mutual interest. They may receive and 35 investigate to conclusion complaints or grievances of employees and thereafter advise employees of 36 rights and procedures outlined in this Agreement and applicable regulations or directives for resolving 37 the grievances or complaints. They may not, however, continue to advise the employee on courses of 38 action after the employee has indicated a desire not to pursue a grievance. The Association may consult 39 with the District on complaints without a grievance being made by an individual employee.

  • Section 3.2 39 Each employee shall have the right to bring matters of personal concern to the attention of appropriate 40 Association representatives and/or appropriate officials of the District.

  • Section 5.2 29 It is further recognized that this Agreement does not alter the responsibility of either party to meet with the 30 other party to advise, discuss or consult regarding matters concerning working conditions not covered by 31 this Agreement. 35 A R T I C L E V I 36 37 ASSOCIATION REPRESENTATION 38

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